FOREX Trade Signal for - Symbol = AUDNZD.

FOREX Trade Alert for Tuesday Jul 29, 2008.

Market is holding above the 1.2414 level. 4xgenie Action: ==> Sell aud/nzd at 1.2816. Stop at 1.2986. Elloitt Wave 5 could drop down to 1.2648 or 1.2487. 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 currency pair AUD/NZD is overbought at this time.

Sorry I Can Not DROW for nothing. Ijus whant to show you DIVERGENCE is like a SHARK in the woter.

Someting is fishy in this currency pair AUD/NZD.

Next Day Trading Ranges for Tuesday Jul 29, 2008.

The 20 day moving average of the daily trading range is 101 Pips, and the 60 day moving average of the daily trading range is 100 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 74.36 percent. This means that if this currency pair AUD/NZD does not drop more than 25 Pips from the opening price then there is a 74.36 percent chance that this will be an upday.

Monthly Pivots Points.

The [R3] or the most extreme high trading range is 1.3040.

The [R2] or the extreme high trading range is 1.2991.

The [R1] or the high trading range is 1.2932.

The [P] or pivot point is 1.2883.

The [S1] or the low trading range is 1.2824.

The [S2] or the extreme low trading range is 1.2775.

The [S3] or the most extreme low trading range is 1.2716.

Current Day Trading Session:

Momentum is continuing upward at the present time.

Next Day Trading Session:

If the next day’s close is below 1.2906 then that could be a sign that the current upward momentum is reversing.

4xGenie Support Team

Forex Straddle

FOREX TRADE ALERT for Symbol EUR/USD.

FOREX TRADE ALERT FOR TUESDAY Jul. 29. 2008.

Forex Trading Strategy to trade Forex when you don’t know
which way the currency pair (eur/usd) will head, but you know it will big move in one direction.
And, you place TWO LIMIT ORDERS.

FOREX GENIE

Forex Trade Alert for - Symbol  USD/CAD.

Forex Trade Alert for Wednesday Jul 23, 2008.

July 23.2008 : The Currency pair USD/CAD (Canadian Dollar) is setting up in a nice Triangle Pattern. This Would be a long above the upper trendline or short below the lower trendline. The best thing you can do it set price alerts within your real time quotes so that you can be alerted to a breakout without being forced to follow price every hour. These set ups are nice because we can use tight stops, which allow for maximum RISK : REWARD. RISK : REWARD is a basic measure of treading success which measures the difference between a potential loss and gain, or a potential gain against a loss. If we risk 162 pips, like we would with the USD/CAD, and make 333 pips, then our RISK : REWARD is 2:1, because our gain would be 2 times that of our potential loss. THESE ARE JUST OK. TRADES !  RISK : REWARD 2:1, WE PREFER 3:1 OR MORE ! Elliott Wave: The second Elliott Wave may be near completion. Look for a third wave to form soon. The market closed above the middle Fibonacci fan line. Prices could rise up to the top fan line before finding resistance.

Monthly Pivots:

The [R3] or the most extreme high trading range is 1.0195.

The [R2] or the extreme high trading range is 1.0157.

The [R1] or the high trading range is 1.0135.

The [P] or pivot point is 1.0097.

The [S1] or the low trading range is 1.0075.

The [S2] or the extreme low trading range is 1.0037.

The [S3] or the most extreme low trading range is 1.0015.

Current Day Trading Session:

No signs of downward momentum at this time.

Next Day Trading Session:

If the next day’s close is below 1.0031 then that could be a sign that new downward momentum is beginning.

4xGenie Support Team

Forex Trade Alert for GBP/USD.

Forex Trade Alert for Monday Jul 21, 2008.

On Jul-21-2008 a candlestick formation confirmed a buy signal. 4xgenie Action: ==> Buy this currency pair GBP/USD at 2.0064. Stop at 1.9907. Wave 3 could rise up to 2.0198 or to 2.0468. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

TRENDLINE ALERT: Resistance level of 2.0003 was broken today. Look for a possible rise to the next resistance level.

Next Day Trading Ranges for Monday Jul 21, 2008.

The 20 day moving average of the daily trading range is 136 pips and the 60 day moving average of the daily trading range is 153 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 50.00 percent. This means that if this currency pair does not drop more than 34 pips from the opening price then there is a 50.00 percent chance that this will be an upday.

Monthly Pivots.

The [R3] or the most extreme high trading range is 2.0209.

The [R2] or the extreme high trading range is 2.0124.

The [R1] or the high trading range is 2.0077.

The [P] or pivot point is 1.9992.

The [S1] or the low trading range is 1.9945.

The [S2] or the extreme low trading range is 1.9860.

The [S3] or the most extreme low trading range is 1.9813.

Next Day Alternate Stops for Monday Jul 21, 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 1.9860 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 2.0033 then that could be a sign that the current upward momentum is reversing.

FOREX GENIE

REMEMBER: NEWS OVERRIDES TECHNICAL ANALYSES !!!!!!!!

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

FOREX GENIE.

Forex Trade Alert for EUR/USD SELL.

<FOREX Trade Alert for Wednesday Jul 16, 2008>

A divergence in the MACD indicator has been found. When this appears on a 5th wave this could be a sign of exhaustion. The current upward trend may soon correct or end. The CCI has crossed below 100. Look for falling prices soon.

TRENDLINE ALERT: Support level of 1.5920 was broken today. Look for a possible drop to the next support level.

Next Day Trading Ranges for Wednesday Jul 16, 2008.

The 20 day moving average of the daily trading range is 133 pips, and the 60 day moving average of the daily trading range is 144 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 72.96 percent. This means that if this security or future does not drop more than 33 pips from the opening price then there is a 72.96 percent chance that this will be an upday.

Monthly Pivots.

The [R3] or the most extreme high trading range is 1.6059.

The [R2] or the extreme high trading range is 1.6004.

The [R1] or the high trading range is 1.5912.

The [P] or pivot point is 1.5857.

The [S1] or the low trading range is 1.5765.

The [S2] or the extreme low trading range is 1.5710.

The [S3] or the most extreme low trading range is 1.5618.

Current Day Trading Session:

Momentum is continuing upward at the present time.

4XGENIE.COM

FOREX Trade Alert for - Symbol  USD/JPY.

FOREX Trade Alert for Monday.  Jul 07, 2008.

On Jul-07-2008 a candlestick formation confirmed a buy signal. A buy signal was also confirmed when this contract closed above 107.0433 on Jul-07-2008. 4xGENIE Action: ==> Buy this Currency Pair at 108.88 or better. Stop at 107.02. Wave 5 could rise up to 110.57 or to 113.55. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

Next Day Trading Ranges for Monday Jul 07, 2008.

The 20 day moving average of the daily trading range is 99 pips and the 60 day moving average of the daily trading range is 112 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 57.86 percent. This means that if this curency pair USD/JPY does not drop more than 24 PIPS from the opening price then there is a 57.86 percent chance that this will be an upday.

Monthly Pivots.

The [R3] or the most extreme high trading range is 108.86.

The [R2] or the extreme high trading range is 108.31.

The [R1] or the high trading range is 107.73.

The [P] or pivot point is 107.18.

The [S1] or the low trading range is 106.60.

The [S2] or the extreme low trading range is 106.05.

The [S3] or the most extreme low trading range is 105.47.

Next Day Alternate Stops for Monday Jul 07, 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 106.0500 then that would show momentum against ForexGenie’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: 105.89.

Current Day Trading Session:

Momentum is continuing upward at the present time.

Next Day Trading Session:

If the next day’s close is below 105.90 then that could be a sign that the current upward momentum is reversing.

Trade Alert for - Symbol  EUR/CHF.

Trade Alert for Monday.  Jul 07, 2008.

On Jul-07-2008 a candlestick formation confirmed a buy signal. 4xGenie Action: ==> Buy this currency pair eur/chf at 1.6180. Stop at 1.6008. Wave 3 could rise up to 1.6776 or to 1.7076. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

MONTHLY PIVOT ALERT: Resistance level of 1.6118 was broken today. When the monthly pivot point is broken - we can look for a possible rise to the monthly R1 ( resistance level 1).

Next Day Trading Ranges for Monday Jul 07, 2008.

The 20 day moving average of the daily trading range is 94 pips and the 60 day moving average of the daily trading range is 100 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 64.38 percent. This means that if this currency pair EUR/CHF does not drop more than 24 PIPS from the opening price then there is a 64.38 percent chance that this will be an upday.

Monthly Pivots.

The [R3] or the most extreme high trading range is 1.6267.

The [R2] or the extreme high trading range is 1.6217.

The [R1] or the high trading range is 1.6178.

The [P] or pivot point is 1.6128.

The [S1] or the low trading range is 1.6089.

The [S2] or the extreme low trading range is 1.6039.

The [S3] or the most extreme low trading range is 1.6000.

Next Day Alternate Stops for Monday Jul 07, 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 1.6039 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: 1.6100.

Current Day Trading Session:

Momentum is continuing upward at the present time.

Next Day Trading Session:

If the next day’s close is below 1.6060 then that could be a sign that the current upward momentum is reversing.

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

4XGENIE.COM