SELL FOREX SIGNAL

<Forex Trade Alert for Wednesday Jun 24, 2009>

On Jun-24-2009 a candlestick formation confirmed a sell signal. A sell signal was also confirmed when this CURRENCY PAIR EUR/AUD  closed below 1.7488 on Jun-24-2009. 4xGENIE Action: ==> Sell this currency pair at 1.7401. Stop at 1.7830. Wave 3 could drop down to 1.7233 or to 1.67380. The market closed below the top fibonacci fan line. Prices should find support on the middle fan line. NOTE: A consolidation of price movement or a price correction may be underway.

TRENDLINE ALERT: Support level of 1.7526 was broken today. Look for a possible drop to the next support level.

Next Day Trading Ranges for Wednesday Jun 24, 2009

The 20 day moving average of the daily trading range is 239 pips and the 60 day moving average of the daily trading range is 251 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 47.92 percent. This means that if this currency pair EUR/AUD does not rise more than 60 pips from the opening price then there is a 47.92 percent chance that this will be an downday.

The [R3] or the most extreme high trading range is 1.8065.

The [R2] or the extreme high trading range is 1.7917.

The [R1] or the high trading range is 1.7697.

The [P] or pivot point is 1.7549.

The [S1] or the low trading range is 1.7329.

The [S2] or the extreme low trading range is 1.7181.

The [S3] or the most extreme low trading range is 1.6962.

Next Day Alternate Stops for Wednesday Jun 24, 2009

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 1.7830 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: 1.7300

Current Day Trading Session:

No signs of downward momentum at this time.

Next Day Trading Session:

If the next day’s close is below 1.7406 then that could be a sign that new downward momentum is beginning.

4xGenie Support Team

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FOREX TRADE ALERT FOR EUR/AUD | SELL SIGNAL

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Forex Trade Alert for Symbol GBP/USD

<Forex Trade Alert for Monday Jun 22, 2009>

On Jun-22-2009 a candlestick formation confirmed a sell signal. 4xGenie Action: ==> Sell at 1.6478 Stop at 1.6685. Wave C could drop down to 1.6317 or to 1.5628.

Next Day Trading Ranges for Monday Jun 22, 2009.

The [R3] or the most extreme high trading range is 1.8099.

The [R2] or the extreme high trading range is 1.7148.

The [R1] or the high trading range is 1.6655.

The [P] or pivot point is 1.5704.

The [S1] or the low trading range is 1.5211.

The [S2] or the extreme low trading range is 1.4260.

The [S3] or the most extreme low trading range is 1.3767.

Next Day Alternate Stops for Monday Jun 22, 2009.

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 1.6478 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: 1.64

Current Day Trading Session:

No signs of downward momentum at this time.

Next Day Trading Session:

If the next day’s close is below 1.6478 then that could be a sign that new downward momentum is beginning.

Forex Genie Support Team

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Post from: Forex Genie Trade Alerts

Forex Trade Alert for Symbol GBP/USD | Sell Signal

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Forex Trade Alert for – Symbol = EURCHF

<Forex Trade Alert for Friday Jun 12, 2009>

On Jun-12-2009 a candlestick formation confirmed a buy signal. 4xGenie Action: ==> Buy this Currency Pair EUR/CHF at 1.5153 or better. Stop at 1.5063. Wave 3 could rise up to 1.5310 or to 1.5395. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

MONTHLY PIVOT ALERT: Resistance level of 1.5111 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 Friday Jun 12, 2009

The 20 day moving average of the daily trading range is 65 Pips and the 60 day moving average of the daily trading range is 78 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 36.03 percent. This means that if this Currency Pair EUR/CHF does not drop more than 16 Pips from the opening price then there is a 36.03 percent chance that this will be an upday.

The [R3] or the most extreme high trading range is 1.5187.

The [R2] or the extreme high trading range is 1.5158.

The [R1] or the high trading range is 1.5141.

The [P] or pivot point is 1.5112.

The [S1] or the low trading range is 1.5095.

The [S2] or the extreme low trading range is 1.5066.

The [S3] or the most extreme low trading range is 1.5049.

Next Day Alternate Stops for Friday Jun 12, 2009

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 1.5066 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: 1.51

Current Day Trading Session:

No signs of upward momentum at this time.

Next Day Trading Session:

If the next day’s close is above 1.52012 then that could be a sign that new upward momentum is beginning.

4xGenie Support Team

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FOREX TRADE ALERT for EUR/CHF | BUY SIGNAL

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and UD DOLLAR INDEX

FOREX TRADE ALERT: DOLLAR STRENGTHENS.

US DOLLAR INDEX.

The US Dollar Index is testing short-term resistance at 81. Breakout would signal a secondary reaction to test resistance at 83, while respect of resistance would warn of a primary down-swing with a target of 76.

Euro

The primary trend of the euro is upwards and likely to continue. If we had to invert the euro/usd chart it would paint a similar picture to the US Dollar Index. Breakout from the rising trend channel warns of a secondary correction to test support at $1.37 [green]. Respect of the 100-Day moving average would be a bullish sign, while failure of primary support at $1.29 [red] would signal a trend reversal.

There has been no signal to enter the market at this time. NOTE: A consolidation of price movement or a price correction may be underway. The CCI is above 100. This currency pair is overbought at this time.

The [R3] or the most extreme high trading range is 1.4516.
The [R2] or the extreme high trading range is 1.4329.
The [R1] or the high trading range is 1.4180.
The [P] or pivot point is 1.3993.
The [S1] or the low trading range is 1.3844.
The [S2] or the extreme low trading range is 1.3656.
The [S3] or the most extreme low trading range is 1.3507.

Japanese Yen

The dollar is testing resistance at ¥99. Breakout would signal reversal to a new primary up-trend – confirmed if resistance at ¥101 is penetrated. Reversal below ¥94, however, would signal continuation of the down-trend – with a target of the December low of ¥87.

Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here! The CCI is above 100. This currency pair is overbought at this time.

The [R3] or the most extreme high trading range is 98.8190.
The [R2] or the extreme high trading range is 98.5510.
The [R1] or the high trading range is 98.2630.
The [P] or pivot point is 97.9950.
The [S1] or the low trading range is 97.7070.
The [S2] or the extreme low trading range is 97.4390.
The [S3] or the most extreme low trading range is 97.1510.

Current Day Trading Session:
No signs of downward momentum at this time.

Next Day Trading Session:
If the next day’s close is below 98.25 then that could be a sign that new downward momentum is beginning.

Australian Dollar

Remain out of this market! Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here! The CCI has crossed below 100. Look for falling prices soon. This trade gained 123 Pips.

The Aussie dollar is testing its lower trend channel against the greenback. Downward breakout is more likely, considering the rebound on the US Dollar Index, and would signal a secondary correction. Respect of short-term support at $0.7750 [orange], however, would indicate another test of the upper channel. In the longer term, a secondary correction would test support at $0.7000; while the target for the primary up-trend is the September high at $0.8500.

The [R3] or the most extreme high trading range is 0.8256.
The [R2] or the extreme high trading range is 0.8172.
The [R1] or the high trading range is 0.8062.
The [P] or pivot point is 0.7979.
The [S1] or the low trading range is 0.7868.
The [S2] or the extreme low trading range is 0.7785.
The [S3] or the most extreme low trading range is 0.7675

Current Day Trading Session:
Momentum is continuing upward at the present time.

Next Day Trading Session:
If the next day’s close is below 0.7972 then that could be a sign that the current upward momentum is reversing.

4xGenie Support Team

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FOREX TRADE ALERT for USD/JPY, EUR/USD, AUD/USD and US DOLLAR INDEX

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AND DOLLAR INDEX.

FOREX TRADE ALERT

for

EUR/USD, JPY/USD, AUD/USD and US Dollar Index.

June.04.2009.

Euro

The euro is retracing to test the lower trend channel at $1.40 against the greenback. Respect would indicate a swing to the upper trend channel – and test of the December high of $1.44. Breakout below $1.40 would signal a reaction to test support at $1.37 [green].

Japanese Yen

The dollar found support at ¥94, retracing to confirm resistance at ¥97 [green]. Respect of resistance would confirm the primary down-trend – with a target of the December low of ¥87. Breakout below ¥94 [orange] would strengthen the signal. Reversal above ¥97 is unlikely, but would warn of trend weakness

Australian Dollar

The Aussie dollar is retracing to test its lower trend channel against the greenback. Respect of support at $0.7750 [orange] would signal another swing to the upper channel. Failure of the lower trend channel would signal a secondary reaction to test support at $0.7000. The long-term target for the primary up-trend is the September high at $0.8500.

Dollar Index Finds Target.

US Dollar Index.

The US Dollar Index reached its target of 79 and is now retracing to test the upper trend channel at 80. Upward breakout would signal a secondary reaction to test resistance at 83. Narrow consolidation above support at 78.50 would warn of another primary down-swing.
Testing of our new forex data feed is going slower than expected. If all goes well, this will be available next week.

Even as we take steps to address the recession and threats to financial stability, maintaining the confidence of the financial markets requires that we, as a nation, begin planning now for the restoration of fiscal balance.

~ Fed Chairman Ben Bernanke’s June 3 warning to Congress

More Info on US Dollar Index.

Scoop: While you were sleeping: US dollar weakens

The Dollar Index, which tracks the greenback’s performance against the euro, yen, pound, Canadian dollar, Swiss franc and Swedish krona, fell 1% to 78.39, the lowest this year. The dollar weakened to $1.4324 per euro from $1.4159 and …

The Counter Trend Window of Opportunity is Now Open

The other major trend has been in the US dollar, which has been marching downwards since the beginning of March. We’ve looked at the Dollar Index in recent weeks. That’s a weighted basket of six major currencies versus the dollar. …

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Post from: Forex Genie Trade Alerts

FOREX OUTLOOK | FOREX TRADE ALERT for EUR/USD, JPY/USD, AUD/USD and US Dollar Index

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FOREX TRADE ALERT for GOLD.

Rising bond yields, rising gold and silver prices, rising crude, and a falling US Dollar index warn of inflation ahead. The anomaly is that we presently enjoy falling prices (deflation) caused by the global credit contraction. But steps taken to stabilize the financial system will lead to either massive instability or inflation – with the latter being the inevitable choice. The difficulty is in timing the switch from one strategy to the other. Perfect timing is as difficult to achieve as stepping from one moving train to another traveling in the opposite direction. A simpler approach would be to shift gradually over time, phased in a number of small steps.

GOLD

Spot gold is accelerating towards watershed resistance at $1000. Breakout followed by confirmation of the new support level would signal a primary advance with a target of $1130, calculated as 1000 + ( 1000 – 870 ). Respect of resistance, or a false break that reverses below $1000, however, would warn of another test of primary support at $870.

SILVER

Spot silver continues in a strong primary up-trend – an encouraging sign for gold. The target of $17.00 is calculated as 14.50 + ( 14.50 – 12.00 ). Reversal below the rising trendline would warn of another test of the new support level at $14.50.

CRUDE OIL

West Texas Crude continues a strong primary advance, warning of rising inflation. The target of $65 has been exceeded and we can expect a correction to test the longer-term [green] trendline. Reversal below the long-term trendline is unlikely, but would signal trend weakness.

US DOLLAR INDEX

The US Dollar Index continues in a strong primary down-trend, also warning of rising inflation. The interim target of 79 has been reached and we can expect a retracement to test the declining trendline. The weakening dollar is a bullish sign for gold.

MORE INFO. ON DOLLAR INDEX.

Dollar Declines as Slump Prompts Nations to Mull Alternative …

The Dollar Index, which ICE uses to track the currency’s performance against the euro, yen, pound, Canadian dollar, Swedish krona and Swiss franc, fell 0.5 percent to 78.77. Russian Proposal. Russian President Dmitry Medvedev may …

Eur/Usd, Dollar Index: Elliott Wave Analysis – Forex Trading …

Eur/Usd, Dollar Index: Elliott Wave Analysis Eur/Usd is trading lower from 1.4049 highs as expected. It seems that the market is forming the first leg of a possible zig-zag correction in red wave IV. We are talking about wave a, …

Liberty has never come from Government. Liberty has always come from the subjects of it. The history of liberty is a history of limitations of governmental power, not the increase of it.

~ Woodrow Wilson]

4xGenie Support Team

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FOREX TRADE ALERT for US DOLLAR INDEX, GOLD, SILVER, CRUDE OIL

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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

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Post from: Forex Genie Trade Alerts

FOREX TRADE ALERT for EUR/JPY | BUY SIGNAL

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SELL SIGNAL.

EUR/GBP OUTLOOK.

4xGenie Forex System #5.

May. 18.2009.

Generated Trade Alert for Currency Pair Eur/Gbp.

In General We are Selling EUR and Buying GBP.

To Be Fair to Our Members We Are Not Reveling Exact, Sale Price, Stop and Limit.

For More Information How To Become 4xGenie Member Visit:

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

Online Forex Trading Using Micro and Mini Trading Account | Forex Broker

Some More Sources About Currency Pair EUR/GBP, So You Can Conpare With Our Istant DeskTop Trade Alert Systems.

EUR/GBP Daily Outlook – Forex Trading, Currency Forecast, FX …

EUR/GBP Daily Outlook EUR/GBP’s rebound extends further today and at this point, intraday bias remains on the upside as long as 0.8900 minor support holds. As mentioned before, break of 0.9080 resistance will indicate that whole decline …

EUR/GBP Weekly Outlook – Forex Trading, Currency Forecast, FX …

EUR/GBP Weekly Outlook Short term outlook in EUR/GBP remains neutral for the moment with the cross still bounded in range of 0.8763 and 0.9080. We’d prefer to see a break out of range of 0.8763/9080 before making further conclusion.

4xGenie Support Team

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Post from: Forex Genie Trade Alerts

FOREX TRADE ALERT for EUR/GBP| SELL SIGNAL | OUTLOOK

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Forex Broker

We received a lot of questions about forex brokers, and how much money you need to open Forex trading account and trade 4xgenie strategies. I made a video to explain.
we do not like, to recommend any Forex broker, because We have a bad experience with Refco (out of business now).
To research more about forex brokers, go to:

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

If you like our Trading approach please sign up, for all trading alerts, seven systems. 

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

Thank you, and enjoy the video.

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 Online Forex Trading Using Micro and Mini Trading Account. Forex only used to be available as a trading medium for large banks, industries, and very wealthy people. Forex brokers will allow individual customers to open an account with them for as little as $100. (Micro Account). The primary benefit of a micro and mini Forex trading account is that for a small amount of starting money, it gives you easy access to the foreign exchange market.

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Online Forex Trading Using Micro and Mini Trading Account

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FOREX OUTLOOK

FOREX TRADE ALERT

for

EUR/USD, JPY/USD, AUD/USD and US Dollar Index.

April.30.2009.

Euro

The euro is strengthening against the greenback. Clear breakout above the declining trendline would indicate an another rally — with a target of $1.47. Reversal below support at $1.29 remains as likely, and would test primary support at $1.25.

Japanese Yen

The dollar rallied off support at 96.00, headed for a test of the declining trendline. Reversal below 96.00 would test primary support at 93.50, while breakout above the declining trendline would confirm the primary up-trend and offer a target of 110.00 (the August 2008 high).

Australian Dollar

The Aussie dollar is again testing resistance at $0.7300 against the greenback. Breakout would signal a primary up-trend with a target of the September high at $0.8500 — confirmed if retracement respects the new support level. Reversal below $0.7000 is now less likely, but would test primary support at $0.6300.

US Dollar Index

The US Dollar Index broke out below a large rising wedge, warning of a primary down-swing with a target of 74, calculated as 84 – [88 - 78]. Failure of support at 82.50 would confirm, while reversal above the lower border would indicate a false signal — and test of the upper border.

4xGenie Support Team

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Post from: Forex Genie Trade Alerts

FOREX OUTLOOK | FOREX TRADE ALERT for EUR/USD, JPY/USD, AUD/USD and US Dollar Index

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