Archive for the 'FOREX TRADE ALERT GBP/JPY' Category
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
Tags: currency translation, comptroller of the currency, forex charts, automated forex trading, currency exchanger, south african currency, office of the comptroller of the currency
FOREX TRADE ALERT
FOREX MARKET UPDATE from Oct, 21.2008.
WOW !!!! + 24344 pips in 3 days ( Oct, 24 2008, 6am EST)
Trade Alert for - Symbol NZD/USD
<Trade Alert for Monday Oct 06, 2008>
Wave 5 could drop down to 0.5694. The support level of 0.6381 was broken when prices closed below the middle pitchfork line. The market seems to be weakening. Today’s candlestick has broken out of the yellow shaded area of the chart and below the lower pivot band. This is very bearish! The CCI is below -100. This currency pair NZD/USD is oversold at this time.
MONTHLY PIVOT ALERT: Support level of 0.6427 was broken today. When the monthly S1 ( support level 1 ) is broken - we can look for a possible drop to the monthly S2 ( support level 2).
Trade Alert for - Symbol GBP/JPY
<Trade Alert for Monday Oct 06, 2008>
Wave 3 could drop down to 166.1100 or to 146.6730. The support level of 184.4775 was broken when prices closed below the middle pitchfork line. The market seems to be weakening. Today’s candlestick has broken out of the yellow shaded area of the chart and below the lower pivot band. This is very bearish! The CCI is below -100. This currency pair GBP/JPY is oversold at this time.
MONTHLY PIVOT ALERT: Support level of 176.8700 was broken today. When the monthly S2 ( support level 2 ) is broken - we can look for a possible drop to the monthly S3 ( support level 3). This is extremely bearish.
Trade Alert for - Symbol EUR/USD
<Trade Alert for Monday Oct 06, 2008>
Wave C could drop down to 1.2711. NOTE: This is a very strong bearish sign with the lower pivot band falling lower and with today’s close below the lower pivot band. The CCI is below -100. This currency pair is oversold at this time.
MONTHLY PIVOT ALERT: Support level of 1.3713 was broken today. When the monthly S1 ( support level 1 ) is broken - we can look for a possible drop to the monthly S2 ( support level 2).
Trade Alert for - Symbol GBP/USD
<Trade Alert for Monday Oct 06, 2008>
Wave 5 could drop down to 1.7320 or to 1.6484. The support level of 1.7510 was broken when prices closed below the middle pitchfork line. The market seems to be weakening. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here! The CCI is below -100. This currency pair GBP/USD is oversold at this time.
Trade Alert for - Symbol AUD/USD
<Trade Alert for Monday Oct 06, 2008>
Wave 3 could drop down to 1.1073. The support level of 1.1397 was broken when prices closed below the top pitchfork line. The market has moved back into the trading channel. NOTE: This is a very strong bearish sign with the lower pivot band falling lower and with today’s close below the lower pivot band. The CCI is below -100. This currency pair AUD/USD is oversold at this time.
MONTHLY PIVOT ALERT: Support level of 1.1422 was broken today. When the monthly S2 ( support level 2 ) is broken - we can look for a possible drop to the monthly S3 ( support level 3). This is extremely bearish.
Trade Alert for - Symbol EUR/JPY
<Trade Alert for Monday Oct 06, 2008>
Wave 3 could drop down to 133.9000 or to 119.6772. The support level of 141.0183 was broken when prices closed below the bottom pitchfork line. The market is beginning to fall out. NOTE: This is a very strong bearish sign with the lower pivot band falling lower and with today’s close below the lower pivot band. A divergence in the MACD indicator has been found. The current downward trend may soon correct or end. The CCI is below -100. This currency pair EUR/JPY is oversold at this time.
MONTHLY PIVOT ALERT: Support level of 139.4533 was broken today. When the monthly S2 ( support level 2 ) is broken - we can look for a possible drop to the monthly S3 ( support level 3). This is extremely bearish.
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.
REMEMBER: NEWS OVERRIDES TECHNICAL ANALYSES !!!!!!!!
http://www.4xgenie.com/News_Charts.html
Forex Trade Alert for Wednesday Aug 06, 2008.
A buy signal was confirmed when this currency pair GBP/JPY closed above 213.26 on Aug-06-2008. 4XGENIE Action: ==> Buy this currency pair GBP/JPY at 213.54. Stop at 210.15. Wave 5 could rise up to 220.75 or to 223.67. NOTE: The width of the Bollinger Bands has started to narrow which indicates that prices are beginning to consolidate.
Next Day Trading Ranges for Wednesday Aug 06, 2008.
The 20 day moving average of the daily trading range is 193 pips and the 60 day moving average of the daily trading range is 191 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 47.86 percent. This means that if this currency pair GBP/JPY does not drop more than 48 pips from the opening price then there is a 47.86 percent chance that this will be an upday.
Monthly Pivots.
The [R3] or the most extreme high trading range is 216.92.
The [R2] or the extreme high trading range is 215.43.
The [R1] or the high trading range is 214.46.
The [P] or pivot point is 212.97.
The [S1] or the low trading range is 212.00.
The [S2] or the extreme low trading range is 210.51.
The [S3] or the most extreme low trading range is 209.54.
Next Day Alternate Stops for Wednesday Aug 06, 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 210.51 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:
No signs of upward momentum at this time.
Next Day Trading Session:
If the next day’s close is above 213.54 then that could be a sign that new upward momentum is beginning.
Forex Trade Alert for GBP/JPY.
<Forex Trade Alert for Thursday Jul 17, 2008>
On Jul-17-2008 a candlestick formation confirmed a buy signal. A buy signal was also confirmed when this currency pair GBP/JPY closed above 211.6767 on Jul-17-2008. 4xGenie Action: ==> Buy this currency pair at 213.07. Stop at 208.03. Wave 5 could rise up to 217.42 or to 233.38. NOTE: A consolidation of price movement or a price correction may be underway. The CCI has crossed above -100. Look for rising prices soon.
TRENDLINE ALERT: Resistance level of 210.7357 was broken today. Look for a possible rise to the next resistance level.
Next Day Trading Ranges for Thursday Jul 17, 2008.
The 20 day moving average of the daily trading range is 176 pips and the 60 day moving average of the daily trading range is 211 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 45.83 percent. This means that if this currency pair does not drop more than 44 pips from the opening price then there is a 45.83 percent chance that this will be an upday.
Monthly Pivots
The [R3] or the most extreme high trading range is 218.08.
The [R2] or the extreme high trading range is 215.85.
The [R1] or the high trading range is 214.13.
The [P] or pivot point is 211.90.
The [S1] or the low trading range is 210.18.
The [S2] or the extreme low trading range is 207.95.
The [S3] or the most extreme low trading range is 206.23.
Next Day Alternate Stops for Thursday Jul 17, 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 207.9567 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: 209.42.
Current Day Trading Session:
New momentum to the upside has just started.
Next Day Trading Session:
If the next day’s close is below 210.473 then that could be a sign that the current upward momentum is reversing.
FOREX GENIE
Forex Trade Alert for GBP/JPY UPDATE.
FOREX OUTLOOK FOR CURRENCY PAIR GBP/JPY.
<Forex Trade Alert for Wednesday Jul 02, 2008>
There has been no signal to enter the market at this time. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!
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.
REMEMBER: NEWS OVERRIDES TECHNICAL ANALYSES !!!!!!!!
http://www.4xgenie.com/News_Charts.html
Next Day Trading Ranges for Wednesday Jul 02, 2008.
The 20 day moving average of the daily trading range is 185 Pips and the 60 day moving average of the daily trading range is 233 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 48.97 percent. This means that if this currency pair GBP/JPY does not drop more than 46 Pips from the opening price then there is a 48.97 percent chance that this will be an upday.
Monthly Pivots
The [R3] or the most extreme high trading range is 213.00.
The [R2] or the extreme high trading range is 212.54.
The [R1] or the high trading range is 211.75.
The [P] or pivot point is 211.29.
The [S1] or the low trading range is 210.50.
The [S2] or the extreme low trading range is 210.04.
The [S3] or the most extreme low trading range is 209.25.
Next Day Alternate Stops for Wednesday Jul 02, 2008.
ForexGenie is not currently in a trade.
Current Day Trading Session:
No signs of upward momentum at this time.
Next Day Trading Session:
If the next day’s close is above 212.49 then that could be a sign that new upward momentum is beginning.
Trade Alert for - Symbol GBP/JPY.
Trade Alert for Monday Jun 02, 2008.
A sell signal was confirmed when this par closed below 207.0800 on Jun-02-2008. 4xgenie Action: ==> Sell this contract at 204.45. Stop at 209.89. Wave 5 could drop down to 194.63 or to 190.56. NOTE: A consolidation of price movement or a price correction may be underway. The CCI has crossed below 100. Look for falling prices soon.
MONTHLY PIVOT ALERT: Support level of 206.12 was broken today. When the monthly pivot point is broken - we can look for a possible drop to the monthly S1 ( support level 1).
TRENDLINE ALERT: Support level of 205.4500 was broken today. Look for a possible drop to the next support level.
Next Day Trading Ranges for Monday Jun 02, 2008.
The 20 day moving average of the daily trading range is 225.8 pips and the 60 day moving average of the daily trading range is 290 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 57.14 percent. This means that if this security or future does not rise more than 57 pips from the opening price then there is a 57.14 percent chance that this will be an downday.
The [R3] or the most extreme high trading range is 212.40.
The [R2] or the extreme high trading range is 210.75.
The [R1] or the high trading range is 207.98.
The [P] or pivot point is 206.33.
The [S1] or the low trading range is 203.56.
The [S2] or the extreme low trading range is 201.91.
The [S3] or the most extreme low trading range is 199.14.
Next Day Alternate Stops for Monday Jun 02, 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 rises above 210.75 then that would show momentum against 4xgenie’s short 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.
Alternate stop: 205.61
Current Day Trading Session:
No signs of downward momentum at this time.
Next Day Trading Session:
If the next day’s close is below 204.45 then that could be a sign that new downward momentum is beginning.
4xGenie Support Team.
FOREX Trade Alert for - Symbol GBP/JPY.
FOREX Trade Alert for Wednesday May 07, 2008.
On May-07-2008 a candlestick formation confirmed a sell signal. 4XGENIE Action: ==> Sell this PAR at 204.27. Stop at 209.29. Wave 5 could drop down to 198.04 or to 194.38.
TRENDLINE ALERT: Support level of 205.9731 was broken today. Look for a possible drop to the next support level.
Next Day Trading Ranges for Wednesday May 07, 2008.
The 20 day moving average of the daily trading range is 284 PIPS and the 60 day moving average of the daily trading range is 296 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 68.57 percent. This means that if this PAR does not rise more than 0.7112 from the opening price then there is a 68.57 percent chance that this will be an downday.
The [R3] or the most extreme high trading range is 208.8867.
The [R2] or the extreme high trading range is 207.9133.
The [R1] or the high trading range is 206.2267.
The [P] or pivot point is 205.2533.
The [S1] or the low trading range is 203.5667.
The [S2] or the extreme low trading range is 202.5933.
The [S3] or the most extreme low trading range is 200.9067.
Next Day Alternate Stops for Wednesday May 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 rises above 209.29 then that would show momentum against 4XGENIE‘S short 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.
Alternate stop: 207.39.
Current Day Trading Session:
New momentum to the downside has just started.
Next Day Trading Session:
If the next day’s close is above 207.39 then that could be a sign that the current downward momentum is reversing.
4xgenie
Trade Alert for - Symbol GBP/JPY.
Trade Alert for Monday Apr 21, 2008.
A candlestick formation confirmed a sell signal. 4XGENIE Action: Sell this PAR at 203.60. Stop at 209.02. Wave 5 could drop down to 198.11 or to 192.60. NOTE: A consolidation of price movement or a price correction may be underway. The CCI is above 100. This par is overbought at this time.
Next Day Trading Ranges for Monday Apr 21, 2008.
The 20 day moving average of the daily trading range is 313 PIPS and the 60 day moving average of the daily trading range is 303 PIPS. This shows that volatility has increased in the short term. The percentage of downdays when the open/high ratio is less than 25% is 73.19 percent. This means that if this PAR does not rise more than 78 PIPS from the opening price then there is a 73.19 percent chance that this will be an downday.
The [R3] or the most extreme high trading range is 211.16.
The [R2] or the extreme high trading range is 209.64.
The [R1] or the high trading range is 207.01.
The [P] or pivot point is 205.49.
The [S1] or the low trading range is 202.86.
The [S2] or the extreme low trading range is 201.34.
The [S3] or the most extreme low trading range is 198.71.
In this particular case if the price rises above 209.02 then that would show momentum against 4XGENIE‘S short position and that would be a break out to the upside.
Current Day Trading Session:
No signs of downward momentum at this time.
Next Day Trading Session:
If the next day’s close is below 203.60 then that could be a sign that new downward momentum is beginning.
REMEMBER: NEWS OVERRIDES TECHNICAL ANALYSES !!!!!!!!
http://www.4xgenie.com/News_Charts.html
4XGENIE
GBP/JPY
Current Day Trading Session:
No signs of downward momentum at this time.
Next Day Trading Session:
If the next day’s close is below 199.36 then that could be a sign that new downward momentum is beginning.
On Apr-08-2008 a candlestick formation confirmed a sell signal. 4XGENIE‘S Action: ==> Sell this PAR at 200.80. Stop at 204.90. Wave 5 could drop down to 166.85 or to 143.44. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!
Next Day Trading Ranges for Tuesday Apr 08, 2008
The 20 day moving average of the daily trading range is 3.6345 and the 60 day moving average of the daily trading range is 3.1400. This shows that volatility has increased in the short term. The percentage of downdays when the open/high ratio is less than 25% is 80.00 percent. This means that if this PAR does not rise more than 91 PIPS from the opening price then there is a 80.00 percent chance that this will be an downday.
The [R3] or the most extreme high trading range is 206.5733.
The [R2] or the extreme high trading range is 205.3467.
The [R1] or the high trading range is 203.6233.
The [P] or pivot point is 202.3967.
The [S1] or the low trading range is 200.6733.
The [S2] or the extreme low trading range is 199.4467.
The [S3] or the most extreme low trading range is 197.7233.
Next Day Alternate Stops for Tuesday Apr 08, 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 rises above 205.34 then that would show momentum against 4XGENIE‘S short 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.
Alternate stop: 204.00
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