FOREX Trade Alert for Friday Jul 02, 2010.

On Jul-01-2010 a candlestick formation confirmed a buy signal. 4xGenie Action: ==> Maintain long position. Stop at 0.6794. Wave 3 could rise up to 0.7392 or to 0.7619. NOTE: The width of the Bollinger Bands has started to narrow which indicates that prices are beginning to consolidate.

Next Day Trading Ranges for Friday Jul 02, 2010.

The 20 day moving average of the daily trading range is 114 Pips and the 60 day moving average of the daily trading range is 118 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 61.54 percent. This means that if this currency pair NZD/USD does not drop more than 28 Pips from the opening price then there is a 61.54 percent chance that this will be an upday.

The [R3] or the most extreme high trading range is 0.7038.

The [R2] or the extreme high trading range is 0.6996.

The [R1] or the high trading range is 0.6976.

The [P] or pivot point is 0.6934.

The [S1] or the low trading range is 0.6914.

The [S2] or the extreme low trading range is 0.6872.

The [S3] or the most extreme low trading range is 0.6852.

Next Day Alternate Stops for Friday Jul 02, 2010.

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 0.6872 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 0.71303 then that could be a sign that new upward momentum is beginning.

4xGenie Support Team

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FOREX Trade Alert for NZD/USD | Buy Signal

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Forex Trade Alert for Tuesday Jan 12, 2010.

GBP/JPY

On Jan-12-2010 a candlestick formation confirmed a sell signal. A sell signal was also confirmed when this currency pair closed below 147.33 on Jan-05-2010. 4xGenie Action: ==> SELL @ 147.30. Stop at 151.20. Wave 5 could drop down to 143.30 or to 136.86. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

Next Day Trading Ranges for Tuesday Jan 12, 2010

The 20 day moving average of the daily trading range is 171 Pips and the 60 day moving average of the daily trading range is 212 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 52.52 percent. This means that if this currency pair does not rise more than 42 Pips from the opening price then there is a 52.52 percent chance that this will be an downday.

The [R3] or the most extreme high trading range is 149.5367.

The [R2] or the extreme high trading range is 149.0333.

The [R1] or the high trading range is 148.6567.

The [P] or pivot point is 148.1533.

The [S1] or the low trading range is 147.7767.

The [S2] or the extreme low trading range is 147.2733.

The [S3] or the most extreme low trading range is 146.8967.

Next Day Alternate Stops for Tuesday Jan 12, 2010

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 149.03 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.

Current Day Trading Session:

Downward momentum has ended.

Next Day Trading Session:

If the next day’s close is below 147.30 then that could be a sign that new downward momentum is beginning.

4xGenie Support Team

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Forex Trade Alert for GBP/JPY | Sell Signal

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FOREX TRADE ALERT and FOREX MARKET OUTLOOK

for GBP/USD, EUR/USD, USD/CAD.

FOREX TRADIN SYSTEM #7

USD/CAD. Produced: Monday, December 08, 2008. 08-Dec-2008 o:1.274 h:1.2752 L:1.2448 c:1.2508 [-.0203] Place a buy stop to buy 1 unit if price rises to 1.3008. Green Line Long Exit Strategy: Close all long positions on close if price falls to 1.2477. Place a sell stop to sell 1 unit if price falls to 1.2124. Green Line Short Exit Strategy: Close all short positions on close if price rises to 1.2448 USD/CHF. Produced: Monday, December 08, 2008. 08-Dec-2008 o:1.2204 h:1.2233 L:1.2016 c:1.205 [-.0152] (No Long orders.) Opposite Direction Long Exit Strategy: Close all long positions if price falls to 1.2015. Place a sell stop to sell 1 unit if price falls to 1.1923. Green Line Short Exit Strategy: Close all short positions on close if price rises to 1.2016 EUR/USD. Produced: Monday, December 08, 2008. 08-Dec-2008 o:1.2722 h:1.2967 L:1.2719 c:1.2936 [+.0221] Place a buy stop to buy 1 unit if price rises to 1.3081. Red Line Long Exit Strategy: Close all long positions on close if close is 1.2752 or lower. Place a sell stop to sell 2 units if price falls to 1.2548. Opposite Direction Short Exit Strategy: Close all short positions if price rises to 1.2968. GBP/USD Produced: Monday, December 08, 2008. 08-Dec-2008 o:1.4723 h:1.5047 L:1.4679 c:1.489 [+.0206] Place a buy stop to buy 1 unit if price rises to 1.5534. Place a sell stop to sell 2 units if price falls to 1.4464. Opposite Direction Short Exit Strategy: Close all short positions if price rises to 1.5048.

FOR MORE ALERTS ON JPY CURRENCY PAIRS AND ALL 7 SYSTEMS SING UP

FOR 4XGENIE FOREX TRADE ALERTS

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

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

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FOREX TRADE ALERT for GBP/USD, EUR/USD, USD/CAD

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Forex Trade Alert for  – Symbol  GBP/CHF

Next Day Trading Ranges for Wednesday Dec 03, 2008.

The 20 day moving average of the daily trading range is 354 Pips and the 60 day moving average of the daily trading range is 381 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 78.88 percent. This means that if this currency pair does not rise more than 89 pips from the opening price then there is a 78.88 percent chance that this will be an downday. The [R3] or the most extreme high trading range is 1.8085. The [R2] or the extreme high trading range is 1.8047. The [R1] or the high trading range is 1.8007. The [P] or pivot point is 1.7969. The [S1] or the low trading range is 1.7929. The [S2] or the extreme low trading range is 1.7891. The [S3] or the most extreme low trading range is 1.7851. Next Day Alternate Stops for Wednesday Dec 03, 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 1.8047 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: 1.80 Current Forex Day Trading Session:

Momentum is continuing downward at the present time.

Next Day Trading Session:

If the next day’s close is above 1.86693 then that could be a sign that the current downward momentum is reversing.

FOREX MARKET OUTLOOK

FOREX GENIE

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FOREX TRADE ALERT for GBP/CHF SELL

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Forex Trade Alert and Gold Commentary

Monday, December 01, 2008.

Before I get started with the forex markets, I wanted to take a brief moment to direct your attention to a headline on Yahoo Finance. “FDA sets melamine standard for baby formula”.

That’s right. A certain “amount” of something toxic is “ok” they say. Well, they are wrong. The reason for this, is so that China can keep exporting to America, and the Fed can print dollars to make up for the difference in the trade deficit. Also, China can buy Us T-Bills in order to pay for it all, and the Us can then pay them interest on the T-Bills. Of course, we’re smarter than that.

http://biz.yahoo.com/ap/081129/infant_formula.html

Gold and Dollar

Gold is back. With another Fed bailout looming, there seems to be no end to it. As money supply expands, money becomes worth less. In fact, money is becoming worth less all over the world. So, gold may just be making a comeback here. We avoided gold for several months and rightfully so. I never just “hang on” because of “fundamentals”. Because often fundamentals become “funny-mentals”. Thinking of a Christmas present? Why not the Olympic Gold Coins? https://online.kitco.com/bullion/

$775.00 is the lowest I would pay for gold. If it goes lower than that, the chart changes, and it becomes too risky a trade. If strength holds, above $775.00, then I would be a buyer.

Lots of Trading Forex Opportunities Coming Up.

Overall, I’d expect some good trading opportunities here. Who knows when the next big market fall could be. Perhaps in March, as it historically has been over several of the past years.

For now, I am looking forward to many exciting forex trading opportunities.

Maybe US DOLLAR Run will come to the end soon, because usually GOLD and U.S DOLLAR

DON’T RUN IN SYNC.

Good Trading,

4XGENIE

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Forex Trade Alert | Gold ans Dollar Commentary

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FOREX TRADE ALERT

Repatriation of funds by US and JAPANESE Investors and creditors in primarily responsible for the strength of DOLLAR and the YEN. In The long run, the current account surplus or deficit should determine a currency’s strength or wekness. Here are a few of the strongest and weakes as FORECAST BY THE IMF for 2008.

FOREX TRADE ALERT

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FOREX TRADE ALERT for EUR/USD, GBP/USD, JPY/USD

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Forex Trade Alert

4xGenie Summary Report for EUR Currency Pairs

4th Wave Up Symbol: EUR/AUD As of Nov-13-2008

Buy at 1.9686 Stop at 1.8792 Limit at 2.0619 . Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

Next Day Trading Range.. High: 1.9510 Low: 1.9340

Next Day Breakout Points High: 1.9621 Low: 1.9281

Price Projections……. 1st: 2.3464 2nd: 2.5354

2nd Wave Up Long Symbol: EUR/CAD As of Nov-13-2008

On Nov-12-2008 a candlestick formation confirmed a buy signal. A buy signal was also confirmed when this pair closed above 1.5345 on Nov-12-2008. 4xgenie Action: ==> Buy at 1.5499. Stop at 1.4944. Wave 3 could rise up to 1.5979 or to 1.6471. NOTE: A consolidation of price movement or a price correction may be underway.

Next Day Trading Range.. High: 1.5458 Low: 1.5363

Next Day Breakout Points High: 1.5514 Low: 1.5324

Price Projections……. 1st: 1.6475 2nd: 1.7104

2nd Wave Dn Short Symbol: EUR/CHF As of Nov-13-2008

On Nov-11-2008 a candlestick formation confirmed a sell signal. A sell signal was also confirmed when this currency pair below 1.4913 on Nov-13-2008. 4xGenie Action: ==> Sell at 1.4713. Stop at 1.5200. Wave 3 could drop down to 1.4420 or to 1.3852. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

Next Day Trading Range.. High: 1.4834 Low: 1.4787

Next Day Breakout Points High: 1.4855 Low: 1.4761

Price Projections……. 1st: 1.3852 2nd: 1.3350

1st Wave Up Symbol: EUR/GBP As of Nov-13-2008

Next Day Trading Range.. High: 0.8375 Low: 0.8334

Next Day Breakout Points High: 0.8400 Low: 0.8318

Price Projections……. 1st: 0.0000 2nd: 0.0000

A Wave Dn Symbol: EUR/JPY As of Nov-13-2008

Remain out of the market at the present time. QUARTERLY PIVOT ALERT: May be finding support here at the Quarterly S3. This bounce back above the support level of 118.1567 may lead us up to the Quarterly S2 ( support level 2).

Next Day Trading Range.. High: 119.9933 Low: 117.9833

Next Day Breakout Points High: 120.8667 Low: 116.8467

Price Projections……. 1st: 165.3300 2nd: 167.8874

C Wave Up Short Symbol: EUR/USD As of Nov-13-2008

Market is holding below the 1.3882 level. 4xGenie Action: ==> Maintain short position.

Or Sell at 1.2436. Limit at 1.2000 Price projection of 1.2711 has been reached. Stop at 1.3116. 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 is oversold at this time.

Next Day Trading Range.. High: 1.2492 Low: 1.2443

Next Day Breakout Points High: 1.2516 Low: 1.2418

Price Projections……. 1st: 1.2711 2nd: 1.1892

4xGenie Support Team

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FOREX TRADE ALERT | FOREX SUMMERY REPORT for EUR

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FOREX TRADE ALERT

Professional Forex 4xGenie’s Summary Report For GBP/USD

5th Elliott Wave Dn Short   GBPUSD Symbol: GBPUSD

As of Nov-06-2008

Market has closed below the 1.7446 level. 4xGenie‘s Action: ==> Maintain short position. Price projection of 1.6485 has been reached. Stop at 1.6670. NOTE: A consolidation of price movement or a price correction may be underway.

Next Day Trading Range.. High: 1.5883 Low: 1.5794 Next Day Breakout Points High: 1.5937 Low: 1.5759 Price Projections……. 1st: 1.7320 2nd: 1.6808

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

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FOREX SUMMERY REPORT for GBP/USD | FOREX TRADE ALERT

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Forex Trade Alert for – Symbol = AUD/CAD.

Forex Trade Alert for Wednesday Nov 05, 2008.

On Nov-05-2008 a candlestick formation confirmed a buy signal. 4xGENIE Action: ==> Sell this Currency pair at 0.7813. Stop at 0.8323. Wave 3 could drop down to 0.7226 or to 0.6396.

Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!

Next Day Trading Ranges for Wednesday Nov 05, 2008.

The 20 day moving average of the daily trading range is 366 Pips and the 60 day moving average of the daily trading range is 237 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 97.14 percent. This means that if this currency pair does not rise more than 91 Pips from the opening price then there is a 97.14 percent chance that this will be an downday.

The [R3] or the most extreme high trading range is 0.8411.

The [R2] or the extreme high trading range is 0.8259.

The [R1] or the high trading range is 0.8135.

The [P] or pivot point is 0.7983.

The [S1] or the low trading range is 0.7859.

The [S2] or the extreme low trading range is 0.7707.

The [S3] or the most extreme low trading range is 0.7583.

Next Day Alternate Stops for Nov 05, 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 0.8259 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: 0.80

Current Day Trading Session:

New momentum to the downside has just started.

Next Day Trading Session:

If the next day’s close is above 0.82727 then that could be a sign that the current downward momentum is reversing.

4xGenie Support Team.

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FOREX TRADE ALERT | FOREX SIGNAL for AUD/CAD SELL

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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

FOREX TRADE ALERT

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Forex Trade Alert | Forex Market Outlook

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