Wednesday, July 8, 2009

MetaTrader4: ADD FEBONACCI LEVEL 78.6

MetaTrader4

Here are the custom Fib levels I typically watch:


Any "retracement" beyond 100% is a reversal. Smiley

Sometimes using Fibs in combination with other indicators and also a larger time frame you can catch the reversal earlier.

Level
0
0.146
0.236
0.382
0.5
0.618
0.786
0.86
0.942
1
-0.18
-0.27
-0.382
-0.618
-1
-1.618
-3.236
Description
0.0 - %$
14.6 - %$
23.6 - %$
38.2 - %$
50.0 - %$
61.8 - %$
78.6 - %$
86.0 - %$
94.2 - %$
100.0 - %$
118.0 - %$
127.0 - %$
138.2 - %$
161.8 - %$
200.0 - %$
261.8 - %$
423.6 - %$

Tuesday, June 2, 2009

Greenback (Weaker or Stronger)!!!

....a weaker US Dollar will help US emerge Stronger and Stable. As we put an additional effert in that Goal.

A Weak to A Strong to A Stable Economy (Infrastructure) ....that should be the direction.

A weaker USD...will also help in Exporting American Products. However, a weaker USA doesn't mean that Central Banks around the world wont be buying Treasuries and Investors wont be investing. It is just that the investors are diversifying and so are We! Global Market competition is growing and offcourse once there is a competition then everything is based upon performance and practicle implamation of Strategies to drive results. Results that are positive and Strategies that provide Stable and Stronger Growth from within.

The markets (Investors) know that USA contains Debit and with big failures in Banking, Mortgage, Industrial and other Major sectors of economic structure.......~!!! I guess that speaks for itself...

USA is the biggest consumer which means we import a lot...now Strategies have to be implemented differently as the market trend changes. All the stimulus pumped in for growth will help but only if the Positive results are and can be derived. Plus, Results will imerge with time as we see the practical Implementaion of Strategies by our new Administration. A very tough time for USA as we stumble from within....but be cautious we are hitting the bottom after a free fall...which will be leading to a consolidation period.

So Greenback stays weaker as others keep providing (projecting) a strong competition.

Wednesday, May 20, 2009

Recovery From Economic Crisis

Absolutely, things will get better...but we have to keep in mind..this economic crisis started from the top and came down and crashed on the bottom (Street). So, the recovery will and is going to be seen first on the top and then gradually it will (eventually) hit main street (Middle class, People looking for jobs, fresh graduates, businesses and those who really suffered during this turmoil ETC.). Its like a chain and the leader has to lead us out of this crisis because it was the leader that led us to it.

So, if China, Japan and other economies like them have been hit hard due to US. Then yes, when things will get better here on Wall Street and Financial Institutions will have stability, more and more signs of inner growth will be visible, the consumption will get back on track that will automatically bring the production on its way to better levels ahead.

However, we should learn from our mistakes and observe and restructure our strategies to lead the world out of this crisis by keeping us safe and secured. I believe our new administration led by Mr. Obama will have a strong and long lasting impact on our countries economic growth from within. The more powerful we are from inside the better of we are in confronting any challenge that lies ahead .

Us economy is back on track: Yes, I think so we have hit the bottom (too early to confirm) but the economy is a state of Consolidation....the recovery platform is really fragile. It will take at least 3 to 9 month for us to really confirm that we are moving upwards with a strong base. New administration is placing all the right tool to make the recovery with strong and stable platform so that for sure we see a recovery (Growth).

As far as the street level is concerned: I am involved in retail business as well and for sure people (regulars) are suffering...jobs are hard (Almost Impossible) to find....A lot of people are and using their savings and most of them are now broke as they been out looking for job and its tough.
Plus, It is hard to find something when you are desperate...especially job/ work...because each door you knock during hard times seems to be the only hope out of present situation and definitely present job market is not helping at all. (Skilled, Experienced, Educated and fresh all looking for work).


It is obvious that the Global Economic crisis is hitting the bottom (Japan, Germany, Spain, US, China) and other leading economies are doing whatever necessary and possible to make this not last for years to come.

This is what I think we need for a stronger growth....

1: Stable Financial Institutions.
2: Better and Stronger Regulations for Consumer. Policies that help rather than abuse.
3: Stronger Regulatory Bodies. The ones that evaluate and reevaluate Institutions, organizations and infrastructures of businesses around the country.
4: Credit Flow. For the help and use according to ones means and ability to afford.
5: Stronger Infrastructure. Federal and Local Government.
6: A Strong Educational System (That educates and prepares our generation to compete, be innovative and Constructive on the bases of Compassion, Equity and Justice).
7: Health Care system that protects the poor and middle class rather than crippling them.
8: Cost Effective Transportation and Technology system for people.
9: A Strong Foreign Policy that put/ places USA in a stronger and a better shoe. A Nation that Cooperates with its Allies and others, Leads to conflict resolution, a Nation that is Innovative, Strong and Powerful when approaching its Counters and the one that leads and supports others through difficult situations/ times....All by keeping us more safe, productive, effective and strong.

Tuesday, May 19, 2009

EUR/USD on a H4 Chart


Click on image to evaluate the trend.

Monday, May 18, 2009

EUR/USD between Moving Av. 100 & 200 HR

Pair is falling right in between the moving averages....which makes trading between averages a great possibility...when applied with other technical studies.

EUR/USD Long Term Picture


Upward trend: Market tested 200 D Moving Average at 1.2424.

Also, having difficulty to move...10 to 25 Pips over 1.3500...but D1 charts shows a clear picture...as to why!


See chart image for reference.

Sunday, May 17, 2009

EUR/USD before EURO trading day begins.


Providing a non confirmed support level at 1.3432 see cahrt.

Wednesday, May 6, 2009

US Bank Stress Test

A little that I know and or understand about the stress test is ...that it is extremely important for the banks to pass it in flying colors... :) Go green Banks.
If US has to lead the world out of this economic crisis the banks must show and provide a strong support and also implement new and strategic tools that will ease up the credit flow and consumer confidence once gain but with a positive/different perspective to the next generation's financial markets. I see a boom in Private Equity Options as well.
Earlier this year (1st Quarter) we have seen US Banks showing profits....Wells, JP and Citi were the top leaders...and Investment Advisory Firms.... Mr. Buffet also mentioned that US financial system is on the right track out of this crisis.
Banks have been trying to get rid of their bad debit out of the balance sheets and re-evaluate their investment strategies, infrastructure and focus on long term equity perspective. Ill say if the Banks keep things under control and keep monitoring their financial long term approach on the bases of Compassion, Equity and Justice...then yes we are and will lead the world once again in the new ear of Financial Stability.

I see a positive results on Thursday..but you never know....present administration is pretty tough to get away with...they might bring out something that needs a key attention and immediate fix in the banking system to get us out of this crisis......or may be I am just being.... :-)