Archive for November, 2009
About_Forex-What_You_Need_To_Know
All About Forex What You Need To Know
In order to succeed successfully in forex trading you need to know what the purpose of trading forex is. Forex trading as you know is the trading of online currency and the key to success is to buy low and sell high just as with any other market. You task as a forex trader is to try to determine the trend of the particular currency you are looking to either buy or sell and to utilise the forex trading strategies to ensure that a profit is made.
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Open Question: Has anyone used Henry Liu SMS forex signals and made money?
Henry Liu offers a sms forex signal that tells you what currencies to trade and when to trade.I am thinking of joining his monthly subscription and was wondering has any one used his service and made a profit
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Open Question: If my dad is investing 2/3 into my Forex trading account and i am investing 1/3, what profit should he keep?
I would also like to add that before i take any profits, my number one priority is to return his amount invested.He thinks i should give him back 2/3 of the profits, even though i will be doing all of the work, so, what do you think is a fair share?
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Forex Trade Alert EUR/CAD | Sell Signal
There has been no signal to enter the market at this time. The support level of 1.5686 was broken when prices closed below the bottom pitchfork line. The currency pair has dropped out of the current trading channel. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!
Next Day Trading Ranges for Tuesday Nov 17, 2009
The 20 day moving average of the daily trading range is 146 Pips and the 60 day moving average of the daily trading range is 153 Pips. This shows that volatility has decreased in the short term. The percentage of updays when the open/low ratio is less than 25% is 38.57 percent. This means that if this Currency Pair does not drop more than 37 Pips from the opening price then there is a 38.57 percent chance that this will be an upday.
The [R3] or the most extreme high trading range is 1.5726.
The [R2] or the extreme high trading range is 1.5712.
The [R1] or the high trading range is 1.5694.
The [P] or pivot point is 1.5680.
The [S1] or the low trading range is 1.5662.
The [S2] or the extreme low trading range is 1.5648.
The [S3] or the most extreme low trading range is 1.5630.
Current Day Trading Session:
No signs of upward momentum at this time.
Next Day Trading Session:
If the next day’s close is above 1.5654(Cancel Limit Order) then that could be a sign that new upward momentum is beginning.
REMEMBER: NEWS OVERRIDES TECHNICAL ANALYSES !!!!!!!!
http://www.4xgenie.com/News_Charts.html
Be COGNIZANCE of the NEWS !!!!
4xGenie Support Team
Check Other Forex Resources
EUR/CAD Candlesticks and Ichimoku Analysis – Forex Trading …
EUR/CAD Candlesticks and Ichimoku Analysis As euro retreated after early rebound from 1.5231 to 1.5995, suggesting further consolidation within 1.5186-1.6096 would take place and although pullback to 1.5523/25
Rob Booker Chart School Update | November 3, 2009
A setup on the EUR/CAD 1 minute chart. … bossilator “rob booker” “chart school” piptopia currency forex
EUR/CAD Elliott Wave Analysis – Forex Trading, Currency Forecast …
EUR/CAD Elliott Wave Analysis Although the single currency rose to as high as 1.6001 this Monday, as the currency pair has retreated after faltering below resistance at 1.6096, suggesting further consolidation would take place, however, …
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Forex Trade Alert EUR/CAD | Sell Signal
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