Forex Trade Alert for – Symbol  GBP/JPY.

Forex Trade Alert for Thursday  Jun 26, 2008.

Next Day Trading Ranges for Thursday Jun 26, 2008.

Monthly Pivots Points.

Next Day Alternate Stops for Thursday Jun 26, 2008.

 Current Day Trading Session:

Next Day Trading Session:

4xGenie Video Forex Help:

FOREX TRADE ALERT USD/JPY SELL video:


4xGenie Support Team click here...

Forex Trade Alert for – Symbol  EUR/JPY.

Forex Trade Alert for Wednesday,  Jun 25, 2008.

 Forex UPDATE.

EUR/JPY – SETUP for All Time HIGH !!

Market is holding above the 164.98 level.On May-13-2008 We Call to BUY currency pair EUR/JPY at 161.50 (+700 pips).  4xgenie Action: ==> Maintain long position. Trailling Stop at 167.05. Wave 3 could rise up to 171.8700 or to 176.9088. NOTE: The width of the Bollinger Bands has started to narrow which indicates that prices are beginning to consolidate. A divergence in the MACD indicator has been found. The current upward trend may soon correct or end. The CCI is above 100. This currency pair is overbought at this time. For a short term trade, we looking to take short position, wave 4, and try to enter long, wave 5.

MONTHLY PIVOT ALERT: Resistance level of 168.2967 was broken today. When the monthly R2 ( resistance level 2 ) is broken – we can look for a possible rise to the monthly R3 ( resistance level 3). This is extremely bullish.

Next Day Trading Ranges for Wednesday Jun 25, 2008.

The 20 day moving average of the daily trading range is 132 pips and the 60 day moving average of the daily trading range is 147 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 48.73 percent. This means that if this pair does not drop more than 33 from the opening price then there is a 48.73 percent chance that this will be an upday.

The [R3] or the most extreme high trading range is 171.03.

The [R2] or the extreme high trading range is 170.09.

The [R1] or the high trading range is 169.51.

The [P] or pivot point is 168.57.

The [S1] or the low trading range is 167.99.

The [S2] or the extreme low trading range is 167.05.

The [S3] or the most extreme low trading range is 166.47.

Next Day Alternate Stops for Wednesday Jun 25, 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 167.05 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 167.07 then that could be a sign that the current upward momentum is reversing.

4xgenie.com

4xGenie Video Forex Help:

FOREX TRADE ALERT CURRENCY PAIR EUR/JPY UPDATE video:


4xGenie Support Team click here...

STRADDLE  EUR/USD

Nice STRADDLE Set-Up for EUR/USD

Place 2 seperate limit orders simultaneously. First order is for buy only, with a stop and limit provided. Second order is for sell only, with a stop and limit provided. Only one order will be executed.  Make sure to cancel the other order once you see that the other is executed.

ORDER #1 – LONG EUR/USD

BUY @ 1.5599

STOP @ 1.5569

LIMIT @ 1.5609

ORDER #2 SHORT EUR/USD

SELL @ 1.5539

STOP @ 1.5569

LIMIT @ 1.5529

For more information how I Trade FOREX STRADDLE

http://www.4xgenie.com/Trading%20Strategys.html#Alert%20system%20#4

4xgenie.com

4xGenie Video Forex Help:

FOREX TRADE ALERT FOR EUR/USD STRADDLE video:


4xGenie Support Team click here...

EASY FOREX

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Easy-forex . It strongly recommends that a user considering trading foreign exchange products read through all the main topics contained in the Easy-Forex website so that he/she may obtain a clear and accurate understanding of the risks inherent to fx trading. It guarantees your stop-loss rate by using the latest technologies.

Easy Forex provides clients with direct access to our system to enable them to buy and sell currency rates. The Easy Forex Group was founded by a group of bankers, forex and internet experts and offers traders direct access to the global currency markets. Easy forex is an online trading platform gives lots of free valuable tools. You can start trading instantly at a very low cost.

EASY FOREX is a subsidiary of GAIN Capital Group, thus it does not have any independent registration. As for GAIN Capital Group, it is registered in FCM as a broker company, regulated by CFTC and has a membership of NFA.  

4xGenie Video Forex Help:

FOREX EDUCATION EASY FOREX video:


4xGenie Support Team click here...

FOREX CURRENCY EUR/USD and GOLD OUTLOOK

GOLD AND EURO HAVE MOVED IN SYNK.

SPOT GOLD

Spot gold is likely to respect support at $850. Upward breakout from the bullish falling wedge pattern would test resistance at $950 — and possibly $1000. In the longer term, breakout below $850 would signal a primary down-trend but, considering the weakness of the dollar and the strength of oil, this remains unlikely.

FOREX CURRENCY PAIR EUR/USD.

The euro successfully tested primary support at $1.53, but the pattern remains bearish unless there is a breakout above $1.5850. A rally that fails to reach the resistance level would strengthen the bear signal. In the longer term, failure of support at $1.53 would test the rising trendline at $1.43, while breakout above $1.60 would offer a target of $1.67. Further consolidation between $1.60 and $1.53, however, remains the most likely option.

MOUNTHLY PIVOT POINTS.

The [R3] or the most extreme high trading range is 1.5692.

The [R2] or the extreme high trading range is 1.5639.

The [R1] or the high trading range is 1.5572.

The [P] or pivot point is 1.5519.

The [S1] or the low trading range is 1.5452.

The [S2] or the extreme low trading range is 1.5399.

The [S3] or the most extreme low trading range is 1.5332.

Current Day Trading Session:

New momentum to the upside has just started.

Next Day Trading Session:

If the next day’s close is below 1.53627 then that could be a sign that the current upward momentum is reversing.

4xGenie is not currently in a trade, we looking to enter long position soon!

FOREX GENIE.

4xGenie Video Forex Help:

FOREX TRADE ALERT FOR EUR/USD and GOLD OUTLOOK video:


4xGenie Support Team click here...