Mysupergenie Forex Trading Resource

Forex Signals - EUR/USD Still Bearish

11-19-083:26a GMT - No major technical changes in EUR/USD, which basically reaffirms the pair’s bearish outlook. Traders have been consolidating the position in another triangular consolidation pattern (where the two yellow lines intersect and make a triangle below). Last week when this happened the pair dropped over 200 pips when it finally broke the pattern.Trading [...]

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Fallond Stock Picks: Backtest completed in S&P

[Fallond Stock Picks] Stochastics completed their backtest and switched to a ‘buy’ based on technical support. With respect to price, the index has returned to support of the mildly declining price channel.

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Forex Signals - EUR/USD Spike today; Still bearish

11-20-083:08a GMT - We had a major spike today in the EUR/USD - it rose 200 pips in an hour and then fell over 400 pips in the following hours. Apparently the spike was due to a large hedge fund buy order at the same time the Fed announced it was using quantitative easing to [...]

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Improving Your Trading Score - Day Trading, Forex or Currencies …

[coskcore] For those of you who think this sounds like a too much work, particularly using a Day Trading, Forex or Currencies back testing plan that you need to do to uncover these statistics, consider this scenario: Imagine yourself trading a system that you knew had a win to loss ratio of 60/40. You made profit on every six trades and lost one out of every four.

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4xgenie forex trade alerts for 2008-11-17

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Tags: forex charting, japan currency, forex traders, comptroller of the currency, currency conversion chart, china currency, forex trading signals

Out of state

Hey sorry guys, I had a family emergency and had to fly out of state. I wont be updating the blog until I get back next week.

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G20 Meeting Ended Without Concrete Results And Overall Plan To …

[Forex Fundamental Analysis Reports (ActionForex.com)] Staying in the current downtrend might open the way down to 79.70 April 1995 low. Strong support holds 90.91 24th October low.

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Forex Signals - EUR/USD Bearish Signals

11-18-083:17a GMT - Yesterday’s forex signal was for a bearish reversal for the EUR/USD pair. We saw this bearish reversal just underneath resistance at 1.2750 and the pair has since dropped over 100 pips to 1.2600 and I expect the bearish outlook to continue down to at least 1.2500.Trading Idea: Holding current shorts to 1.2505 [...]

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Major Pairs Advanced Overnight, Now Looking At The U.S. Open …

[Forex Fundamental Analysis Reports (ActionForex.com)] The Aussie (Aud/Usd) gained a little more than 100 pips since the new trading day started and is now trading near the neutral pivot point. In the last period, the aussie traded between very well defined support and resistance areas, unable to break decisively above or below those established levels.

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Forex Signals - EUR/USD Gap Trade; Selling Rallies

11-17-083:26a GMT - In my forex signal from Friday of last week I said that there were mixed signals, but that I trusted the flagpole signal more than the trend resistance so if you were an aggressive trader I would go long. I ended with this advice: “As we approach the weekend however, no trade [...]

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