Trading Forex Markets | Forex Trade Alerts

Trading Forex Markets.

 Forex Trade Alerts.

2nd Wave Up GBPCHF1440 Symbol: GBPCHF1440 As of Aug-17-2010

Stop of 1.6303 was reached on Aug-16-2010. 4xGenie Action: ==> Remain out of this market! This trade gained 0.0367

Next Day Trading Range.. High: 1.6322 Low: 1.6246
Next Day Breakout Points High: 1.6353 Low: 1.6201
Price Projections……. 1st: 1.7078 2nd: 1.7552
Current Price Activity.. Open: 1.6276 High: 1.6308
Low: 1.6232 Close: 1.6291

3rd Wave Up GBPJPY1440 Symbol: GBPJPY1440 As of Aug-17-2010

A second entry stop of 134.1900 was reached on Aug-11-2010. 4xGenie Action: ==> Remain out of this market! This trade loss -0.7300

Next Day Trading Range.. High: 133.9000 Low: 133.2000
Next Day Breakout Points High: 134.1900 Low: 132.7900
Price Projections……. 1st: 140.0600 2nd: 143.7232
Current Price Activity.. Open: 133.6100 High: 133.7800
Low: 133.0800 Close: 133.6100

3rd Wave Up GBPUSD1440 Symbol: GBPUSD1440 As of Aug-17-2010

There has been no signal to enter the market at this time.

Next Day Trading Range.. High: 1.5680 Low: 1.5639
Next Day Breakout Points High: 1.5699 Low: 1.5617
Price Projections……. 1st: 1.4883 2nd: 1.5087
Current Price Activity.. Open: 1.5662 High: 1.5677
Low: 1.5636 Close: 1.5661

3rd Wave Dn USDCAD1440 Symbol: USDCAD1440 As of Aug-17-2010

Stop of 1.0390 was reached on Aug-11-2010. 4xGenie Action: ==> Remain out of this market! This trade gained 0.0152

Next Day Trading Range.. High: 1.0434 Low: 1.0403
Next Day Breakout Points High: 1.0451 Low: 1.0389
Price Projections……. 1st: 0.9962 2nd: 0.9691
Current Price Activity.. Open: 1.0432 High: 1.0437
Low: 1.0406 Close: 1.0417

A Wave Up USDCHF1440 Symbol: USDCHF1440 As of Aug-17-2010

Remain out of the market at the present time.

Next Day Trading Range.. High: 1.0419 Low: 1.0371
Next Day Breakout Points High: 1.0437 Low: 1.0341
Price Projections……. 1st: 1.1202 2nd: 1.1494
Current Price Activity.. Open: 1.0393 High: 1.0408
Low: 1.0360 Close: 1.0400

3rd Wave Dn Short USDJPY1440 Symbol: USDJPY1440 As of Aug-17-2010

Market has closed below the 86.9700 level. 4xGenie Action: ==> Maintain short position. Stop at 86.4500. Wave 3 could drop down to 81.1400 or to 76.1738. The resistance level of 85.1957 was broken when prices closed above the top pitchfork line. The market has surged out of the current trading channel and could rise to the bottom fibonacci fan line. NOTE: The width of the Bollinger Bands is expanding which indicates that prices are trending. A divergence in the MACD indicator has been found. The current downward trend may soon correct or end.

Next Day Trading Range.. High: 85.4567 Low: 85.1367
Next Day Breakout Points High: 85.6033 Low: 84.9633
Price Projections……. 1st: 81.1400 2nd: 78.0962
Current Price Activity.. Open: 85.3300 High: 85.4300
Low: 85.1100 Close: 85.3100 

4xGenie Support Team