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FOREX TRADE ALERT for EUR/USD | BUY SIGNAL


Forex Trade Alert for EUR/USD, BUY SIGNAL

Forex Trade Alert for - Symbol  EUR/USD.


Forex Trade Alert for Wednesday Feb 04, 2009.

Next Day Trading Ranges for Wednesday Feb 04, 2009.

The 20 day moving average of the daily trading range is 234 Pips and the 60 day moving average of the daily trading range is 256 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 73.03 percent. This means that if this Currency Pair EUR/USD does not rise more than 59 Pips from the opening price then there is a 73.03 percent chance that this will be an downday.

The [R3] or the most extreme high trading range is 1.3135.

The [R2] or the extreme high trading range is 1.3091.

The [R1] or the high trading range is 1.3042.

The [P] or pivot point is 1.2998.

The [S1] or the low trading range is 1.2950.

The [S2] or the extreme low trading range is 1.2906.

The [S3] or the most extreme low trading range is 1.2857.

Next Day Alternate Stops for Wednesday Feb 04, 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 rises above 1.3091 then that would show momentum whith 4xGenie’s Long 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.

Current Day Trading Session:

Momentum is continuing downward at the present time.

Next Day Trading Session:

If the next day’s close is above 1.2968 then that could be a sign that the current downward momentum is reversing.

4xGenie Support Team
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FOREX TRADE ALERT for EUR/USD | BUY SIGNAL

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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 | 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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