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FOREX TRADE ALERT for GBP/USD, EUR/USD, USD/CAD


Forex Market Alert For usd/cad, gbp/usd, eur/usd

FOREX TRADE ALERT and FOREX MARKET OUTLOOK

for GBP/USD, EUR/USD, USD/CAD.

FOREX TRADIN SYSTEM #7

USD/CAD.
Produced: Monday, December 08, 2008.

08-Dec-2008 o:1.274 h:1.2752 L:1.2448 c:1.2508 [-.0203]

Place a buy stop to buy 1 unit if price rises to 1.3008.
Green Line Long Exit Strategy: Close all long positions on close if price falls to 1.2477.
Place a sell stop to sell 1 unit if price falls to 1.2124.
Green Line Short Exit Strategy: Close all short positions on close if price rises to 1.2448

USD/CHF.
Produced: Monday, December 08, 2008.

08-Dec-2008 o:1.2204 h:1.2233 L:1.2016 c:1.205 [-.0152]

(No Long orders.)
Opposite Direction Long Exit Strategy: Close all long positions if price falls to 1.2015.
Place a sell stop to sell 1 unit if price falls to 1.1923.
Green Line Short Exit Strategy: Close all short positions on close if price rises to 1.2016

EUR/USD.
Produced: Monday, December 08, 2008.

08-Dec-2008 o:1.2722 h:1.2967 L:1.2719 c:1.2936 [+.0221]

Place a buy stop to buy 1 unit if price rises to 1.3081.
Red Line Long Exit Strategy: Close all long positions on close if close is 1.2752 or lower.
Place a sell stop to sell 2 units if price falls to 1.2548.
Opposite Direction Short Exit Strategy: Close all short positions if price rises to 1.2968.

GBP/USD
Produced: Monday, December 08, 2008.

08-Dec-2008 o:1.4723 h:1.5047 L:1.4679 c:1.489 [+.0206]

Place a buy stop to buy 1 unit if price rises to 1.5534.
Place a sell stop to sell 2 units if price falls to 1.4464.
Opposite Direction Short Exit Strategy: Close all short positions if price rises to 1.5048.

FOR MORE ALERTS ON JPY CURRENCY PAIRS AND ALL 7 SYSTEMS SING UP

FOR 4XGENIE FOREX TRADE ALERTS

http://www.4xgenie.com/New_Members.html

Important Notice

When trading it is important to know your risks. If you have only been trading for a short time it is highly recommended that you start with a demo account first. Forex trading is highly risky and normally it takes 3 - 5 years to become a successful forex trader. Only risk that which you can easily afford to lose. Forex trading is not a get rich quick scheme, but if managed carefully, it is an excellent investment.

Remember: NEWS OVERRIDES TECHNICAL ANALYSES !!!!!

http://www.4xgenie.com/News_Charts.html

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Forex trade alert - Resolved Question: where can i trade forex USD\EUR at a large volume?


Resolved Question: where can i trade forex USD\EUR at a large volume?
i want to trade this said currency pair at a large volume

Resolved Question: Do people actually make money in forex trading?
The risk appears compounded by the platform providers themselves.

Forex Trade Alert | Forex Market Outlook

forex market direction

Forex Trade Alert.

Forex Market Overview for Thursday Oct. 30. 2008.

We have a nice forex trends yesterday, but we decide not to trade because US interest rates announcement. Federal Reserve Chairman, cut interest rates 50 points and we’re seeing a reverse in every single currency pair. Question now, did JPY and USD run are over? We have to be patient couple more days to confirm that trend is changing. Markets around the world are still very volatile. Every single government around the world trying to stabilize their markets. We’re very concerned about USA election to.
We believe and many others on a wall street that Obama is going to win election, and he’s the only candidate in history who saying he’s going to raise taxes on people who making more than $250,000 a year. Most of those people invest their money in stocks, and they pulling it out now before Mr. Obama have a chance to tax them. This is why we still believe market in United States cannot recover yet but in any case if U.S. stock market goes up we going to sell the USD and JPY ( BUY EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, AUD/USD, NZD/USD .. SELL USD/CAD, USD/CHF ….) If U.S. market go down We going to buy USD and JPY (SELL EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, AUD/USD, NZD/USD……SELL USD/CAD, USD/CHF….). We have to be patient and wait and see. You can take some of the TRADES in the direction of the arow, but be careful if you in the winning position and something unexpected come out, You don’t have to wait to sell or buy back your position.

REMEMBER: NEWS OVERRIDES TECHNICAL ANALYSES !!!!!!!!
http://www.4xgenie.com/News_Charts.html

FOREX TRADE ALERT

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FOREX TRADE ALERT for GBP/CHF SELL


Forex Trade Alert for GBP/CHF

Forex Trade Alert for  - Symbol  GBP/CHF

<Trade Alert for Wednesday Dec 03, 2008>
On Dec-02-2008 a candlestick formation confirmed a sell signal. A sell signal was also confirmed when this currency pair closed below 1.8302 on Dec-01-2008. 4xGenie Action: ==> Sell GBP/CHF @ 1.7801. Stop at 1.8758. Wave 5 could drop down to 1.7458 or to 1.7176. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

Next Day Trading Ranges for Wednesday Dec 03, 2008.

The 20 day moving average of the daily trading range is 354 Pips and the 60 day moving average of the daily trading range is 381 Pips. This shows that volatility has decreased in the short term. The percentage of downdays when the open/high ratio is less than 25% is 78.88 percent. This means that if this currency pair does not rise more than 89 pips from the opening price then there is a 78.88 percent chance that this will be an downday.

The [R3] or the most extreme high trading range is 1.8085.
The [R2] or the extreme high trading range is 1.8047.
The [R1] or the high trading range is 1.8007.
The [P] or pivot point is 1.7969.
The [S1] or the low trading range is 1.7929.
The [S2] or the extreme low trading range is 1.7891.
The [S3] or the most extreme low trading range is 1.7851.

Next Day Alternate Stops for Wednesday Dec 03, 2008.

The red line to the right on your chart is an extreme support or resistence level for the next trading day.
A good alternative stop is one which is placed just beyond this extreme support/resistance level.
In this particular case if the price rises above 1.8047 then that would show momentum against 4xGenie’s short position and that would be a break out to the upside.

Please Note: These support/resistance levels are calculated by using the previous day’s trading range. Normal volatility may cause a breakout of this value once every 4 or 5 days when prices consolidate.

Alternate stop: 1.80

Current Forex Day Trading Session:

Momentum is continuing downward at the present time.

Next Day Trading Session:

If the next day’s close is above 1.86693 then that could be a sign that the current downward momentum is reversing.

FOREX MARKET OUTLOOK

FOREX MARKET RECAP

FOREX GENIE

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Forex Trade Alert | Forex Market Outlook


forex market direction

Forex Trade Alert.

Forex Market Overview for Thursday Oct. 30. 2008.

We have a nice forex trends yesterday, but we decide not to trade because US interest rates announcement. Federal Reserve Chairman, cut interest rates 50 points and we’re seeing a reverse in every single currency pair. Question now, did JPY and USD run are over? We have to be patient couple more days to confirm that trend is changing. Markets around the world are still very volatile. Every single government around the world trying to stabilize their markets. We’re very concerned about USA election to.
We believe and many others on a wall street that Obama is going to win election, and he’s the only candidate in history who saying he’s going to raise taxes on people who making more than $250,000 a year. Most of those people invest their money in stocks, and they pulling it out now before Mr. Obama have a chance to tax them. This is why we still believe market in United States cannot recover yet but in any case if U.S. stock market goes up we going to sell the USD and JPY ( BUY EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, AUD/USD, NZD/USD .. SELL USD/CAD, USD/CHF ….) If U.S. market go down We going to buy USD and JPY (SELL EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, AUD/USD, NZD/USD……SELL USD/CAD, USD/CHF….). We have to be patient and wait and see. You can take some of the TRADES in the direction of the arow, but be careful if you in the winning position and something unexpected come out, You don’t have to wait to sell or buy back your position.

REMEMBER: NEWS OVERRIDES TECHNICAL ANALYSES !!!!!!!!
http://www.4xgenie.com/News_Charts.html

FOREX TRADE ALERT

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Social Bookmarking

More: continued here

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