Posts Tagged ‘currency exchanger’
FOREX TRADE ALERT for EUR/GBP BUY SIGNAL
FOREX Trade Alert for Symbol EURGBP.
Forex Trade Alert for Tuesday Jan 20, 2009.
On Jan-19-2009 a candlestick formation confirmed a buy signal. 4xGenie Action: Buy EUR/GBP @ 0.9123. Stop at 0.8830. Wave 5 could rise up to 0.9204 or to 0.9682. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!
Next Day Trading Ranges for Tuesday Jan 20, 2009.
The 20 day moving average of the daily trading range is 179 Pips and the 60 day moving average of the daily trading range is 165 Pips. This shows that volatility has increased in the short term. The percentage of updays when the open/low ratio is less than 25% is 90.60 percent. This means that if this currency pair does not drop more than 45 Pips from the opening price then there is a 90.60 percent chance that this will be an upday.
Monthly Pivots.
The [R3] or the most extreme high trading range is 0.9183.
The [R2] or the extreme high trading range is 0.9152.
The [R1] or the high trading range is 0.9131.
The [P] or pivot point is 0.9100.
The [S1] or the low trading range is 0.9079.
The [S2] or the extreme low trading range is 0.9048.
The [S3] or the most extreme low trading range is 0.9027.
Next Day Alternate Stops for Tuesday Jan 20, 2009.
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 drops below 0.9048 then that would show momentum against 4xGenie’s long position and that would be a break out to the downside.
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: 0.90.
Current Day Trading Session:
Momentum is continuing upward at the present time.
Next Day Trading Session:
If the next day’s close is below 0.8985 then that could be a sign that the current upward momentum is reversing.
4xGenie Support Team.
Tags: currency symbol, currency translator, forex trading software, forex trading strategies, currency exchanger, forex brokers, paper currency
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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 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
Tags: automated forex trading, forex charts, office of the comptroller of the currency, currency exchanger, comptroller of the currency, south african currency, currency translation
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Tags: french currency, currency exchange calculator, forex signal, foreign currency, canadian currency, currency exhange, money currency
Forex Trade Alert | Forex Market Outlook
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
Tags: forex charts, automated forex trading, currency exchanger, currency translation, office of the comptroller of the currency, south african currency, comptroller of the currency
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