Archive for August, 2008
- Watching: “Forex Instant Trade Alerts” ( http://tinyurl.com/5r9w6f ) #
Powered by Twitter Tools.
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
Reading: “Chocolate Recipes” (… (0)
New Post “Mysupergenie Forex T… (0)
New Post “Mysupergenie Forex T… (0)
New Post “Mysupergenie Forex T… (0)
New Post “FOREX TRADE ALERT\” … (0)
Join the forum discussion on this post - (1) Posts8-29-085:11a GMT - The EUR/USD has bounced off 1.4600 this week as it eased off of oversold levels and raised up to 1.4800. The pair is heading south again as the US economy raised its GDP outlook and fears rise of a slowdown in the [...]
More: continued here
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
No related posts.
- New Post “Forex Genie Trade Alerts” ( http://www.4xgenie.com/wp/ ) #
Powered by Twitter Tools.
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
Reading: “Chocolate Recipes” (… (0)
New Post “Mysupergenie Forex T… (0)
New Post “Mysupergenie Forex T… (0)
New Post “Mysupergenie Forex T… (0)
New Post “FOREX TRADE ALERT\” … (0)
Forex Trade Alert for USD/CAD.
Forex Trade Alert for Wednesday Aug 08, 2008.
On Aug-08-2008 a candlestick formation confirmed a sell signal. ForexGenie Action: ==> Sell this currency pair gbp/usd 1.0385. Stop at 1.0600. Wave 3 could drop down to 1.0300 or to 1.0050.
Monthly Pivots
The [R3] or the most extreme high trading range is 1.0642.
The [R2] or the extreme high trading range is 1.0458.
The [R1] or the high trading range is 1.0344.
The [P] or pivot point is 1.0160.
The [S1] or the low trading range is 1.0046.
The [S2] or the extreme low trading range is 0.9862.
The [S3] or the most extreme low trading range is 0.9748.
Next Day Trading Session:
If the next day’s close is below 1.0400 then that could be a sign that new downward momentum is beginning.
FOREX GENIE
Social Bookmarking
More: continued here
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
No related posts.
More: continued here
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
No related posts.
Join the forum discussion on this post - (1) Posts8-27-084:26a GMT - USD/CAD has plenty of room to fall on the 4-hour and daily charts, which is backed by a strong downtrend on the weekly and monthly charts. Oil prices have hit monthly lows and a rise in oil prices (which is a leading [...]
More: continued here
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
No related posts.
Forex Trade Alert for - Symbol = AUD/NZD.
Forex Trade Alert for Wednesday Aug 20, 2008.
On Aug-20-2008 a candlestick formation confirmed a buy signal. 4xGENIE Action: ==> Buy this Currency pair at 1.2313. Stop at 1.2145. Wave 5 could rise up to 1.2884 or to 1.2991. NOTE: The width of the Bollinger Bands is expanding which indicates that prices are trending. The CCI is below -100. This currency pair is oversold at this time.
Next Day Trading Ranges for Wednesday Aug 20, 2008.
The 20 day moving average of the daily trading range is 122 pips and the 60 day moving average of the daily trading range is 103 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 76.58 percent. This means that if this currency pair AUD/NZD does not drop more than 31 PIPS from the opening price then there is a 76.58 percent chance that this will be an upday.
Monthly Pivots.
The [R3] or the most extreme high trading range is 1.2384.
The [R2] or the extreme high trading range is 1.2332.
The [R1] or the high trading range is 1.2290.
The [P] or pivot point is 1.2238.
The [S1] or the low trading range is 1.2196.
The [S2] or the extreme low trading range is 1.2144.
The [S3] or the most extreme low trading range is 1.2102.
Next Day Alternate Stops for Wednesday Aug 20, 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 1.2145 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 1.2313 then that could be a sign that new upward momentum is beginning.
FOREX GENIE
Social Bookmarking
More: continued here
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
No related posts.
- Looking at: “- My Super Ginie Super Estore” ( http://www.mysupergenie.com/estore/ ) #
- New Post “Mysupergenie Forex Trading Resource” ( http://mysupergenie.com/forexnewsletter/ ) #
- New Post “FOREX TRADE ALERT for AUD/NZD | Forex Genie Trade Alerts” ( http://tinyurl.com/69zmg7 ) #
- Looking at: “- My Super Ginie Super Estore” ( http://tinyurl.com/5kl2jb ) #
Powered by Twitter Tools.
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
Reading: “Chocolate Recipes” (… (0)
New Post “Mysupergenie Forex T… (0)
New Post “Mysupergenie Forex T… (0)
New Post “Mysupergenie Forex T… (0)
New Post “FOREX TRADE ALERT\” … (0)
Join the forum discussion on this post - (1) Posts8-26-084:33a GMT - The USD/JPY has been lifted in the past month on a stronger USD and weak news coming out of Japan. As traders look for further direction with the dollar a decent range trade has emerged between 110 and 108. If you prefer [...]
More: continued here
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
No related posts.
More: continued here
Social Bookmarking
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts
No related posts.
