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Oct 24

FOREX TRADE ALERT

FOREX MARKET UPDATE from Oct, 21.2008.

WOW !!!! + 24344 pips in 3 days ( Oct, 24 2008, 6am EST)

Everybody’s complaining losing money in stock market stop complaining right now and sign up For 4xGenie’s instant trade alerts to receive winning trades in seven different strategies and  start making money FOREX MARKET A Bull Market Either Way. I deserve a BEER if some of you take some of these Trades. just click on the beer keg icon the that’s a small thing you can do for me. I wanna go out and celebrate very profitable week and I wanna get drunk WOW !!!! JPY IS KING !!! and never sees something that is before. Please check my post from Oct. 21. 2008.+24344 pips in 3 days, ( even much more right now, because market,  JPY is going crazy)  I think it’s enough for a whole year. if any of you is in some kind of trades please exit before market closes Friday. You don’t want to gamble and who knows how will market open Sunday afternoon. You can always reenter your trades. I will keep you posted over the weekend were JPY and USD will go.

Forex Trade Alert FROM OCT, 21, 2008.

Forex Market  update from Oct. 21.2008. SYSTEM #7. Check the Post.
This is unbelievable + 24314 Pips in three days right now Oct.24.2008 at 4:41am EST. If some of you take some trades put  trailing stops, from 100 to 400 pips, dependent on currency pair, or be happy and exit trades. Just be careful market is very volatile and it’s impossible to send alerts because we have to put very large stops. For example EUR/JPY SWING 200 PIPS in a minute. Just trade with the trend. We have to carefully watch tomorrow’s U.S. stock market. If market goes down, we’re going to buy dollar and Japanese yen. When I say by dollar and Japanese yen,  that’s mean SELL EUR/USD OR SELL EUR/JPY …. when WE sell  EUR, GBP.. (gat the picture) we are buying USD or JPY. If U.S. market goes up We my see reverse trend. Please just trade with the trend. you can clearly see the trends in the charts.
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Jun 17

Forex Trade Zones eur/jpy and gbp/jpy

 

FOREX PAIR EUR/JPY is holding above the 164.98 level. 4XGENIE Action: ==> Maintain long position. Wave 3 could rise up to 171.87 or to 176.90. NOTE: The width of the Bollinger Bands is expanding which indicates that prices are trending. A divergence in the MACD indicator has been found. The current upward trend may soon correct or end. The CCI is above 100. This currecy pair is overbought at this time.

TRENDLINE ALERT: Resistance level of 167.13 was broken today. Look for a possible rise to the next resistance level.

Next Day Trading Ranges for Monday Jun 16, 2008.

The 20 day moving average of the daily trading range is 140 pips, and the 60 day moving average of the daily trading range is 157 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 49.03 percent. This means that if this currency pair does not drop more than 35 pips from the opening price then there is a 49.03 percent chance that this will be an upday.

The [R3] or the most extreme high trading range is 169.70.

The [R2] or the extreme high trading range is 168.69.

The [R1] or the high trading range is 168.02.

The [P] or pivot point is 167.01.

The [S1] or the low trading range is 166.34.

The [S2] or the extreme low trading range is 165.33.

The [S3] or the most extreme low trading range is 164.66.

Next Day Alternate Stops for Monday Jun 16, 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 drops below 165.33 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.

Current Day Trading Session:

Momentum is continuing upward at the present time.

Next Day Trading Session:

If the next day’s close is below 165.39 then that could be a sign that the current upward momentum is reversing.

 

The fourth wave may be near completion. Look for a fifth wave to form soon. The CCI is above 100. This Currency Pair is overbought at this time.

Next Day Trading Ranges for Monday Jun 16, 2008.

The 20 day moving average of the daily trading range is 219 pips, and the 60 day moving average of the daily trading range is 259 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 56.93 percent. This means that if this currency pair does not rise more than 54 pips from the opening price then there is a 56.93 percent chance that this will be an downday.

The [R3] or the most extreme high trading range is 216.27.

The [R2] or the extreme high trading range is 214.56.

The [R1] or the high trading range is 213.47.

The [P] or pivot point is 211.76.

The [S1] or the low trading range is 210.67.

The [S2] or the extreme low trading range is 208.96.

The [S3] or the most extreme low trading range is 207.87.

Current Day Trading Session:

No signs of downward momentum at this time.

Next Day Trading Session:

If the next day’s close is below 209.19 then that could be a sign that new downward momentum is beginning.

4xgenie.com

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