Archive for May, 2009


 Powered by Max Banner Ads 


FOREX TRADE ALERT for EUR/JPY | BUY SIGNAL

Wednesday 27 May 2009 @ 3:53 am

Forex Trade Alert for EUR/JPY | Buy Signal

Forex Trade Alert for – Symbol = EURJPY.

Forex Trade Alert for Wednesday May 27, 2009.

On May, 27. 2009 a candlestick formation confirmed a buy signal. 4xGenie Action: ==> Buy EUR/JPY @ 133.35. Stop at 129.73. Wave 5 could rise up to 136.55 or to 143.16. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

Next Day Trading Ranges for Wednesday May 27, 2009.

The 20 day moving average of the daily trading range is 216 Pips and the 60 day moving average of the daily trading range is 237 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 58.87 percent. This means that if this Currency Pair EUR/JPY does not drop more than 54 Pips from the opening price then there is a 58.87 percent chance that this will be an upday.

The [R3] or the most extreme high trading range is 134.05.

The [R2] or the extreme high trading range is 133.72.

The [R1] or the high trading range is 133.43.

The [P] or pivot point is 133.10.

The [S1] or the low trading range is 132.81.

The [S2] or the extreme low trading range is 132.47.

The [S3] or the most extreme low trading range is 132.19.

Current Day Trading Session:

Momentum is continuing upward at the present time.

Next Day Trading Session:

If the next day’s close is below 129.73 then that could be a sign that the current upward momentum is reversing.

4xGenie Support Team

Tags: , , , , , ,


4xGenie Video Forex Help:

FOREX TRADE ALERT for EUR/JPY | BUY SIGNAL video:


4xGenie Support Team click here...


bookmark FOREX TRADE ALERT for EUR/JPY | BUY SIGNAL


 Powered by Max Banner Ads