Forex Trade Alert for - Symbol USD/CAD.
Forex Trade Alert for Thursday Jun 19, 2008.
On Jun-19-2008 a protrader formation confirmed a sell signal for currency pair USD/CAD. A sell signal was also confirmed when this pair closed below 1.01720 on Jun-19-2008. 4xgenie Action: ==> Sell this pair at 1.0151. Stop at 1.0329. Wave 4 could drop down to 0.9971. NOTE: The width of the Bollinger Bands is expanding which indicates that prices are trending. The CCI is above 100. This par is overbought at this time.
FX MARKET RECAP FOR Jun 19.2008
Important Notice.
Forex Traders.
When trading Forex it is important to know your risks. If you have only been trading Forex for a short time it is highly recommended that you start with a demo FX 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: fx NEWS OVERRIDES TECHNICAL ANALYSES !!!!!!!!
http://www.4xgenie.com/News_Charts.html
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