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Currency Market Commentary - Wednesday 01 Sep 2010

Posted by admin | Posted in Forex Power, Forex Trading, Paper Investments | Posted on 02-09-2010

The September Dollar closed lower due to profit taking on Wednesday as it consolidates some of last month’s rally. The low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are overbought and are turning bearish hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 82.45 would temper the near-term friendly outlook. If September renews August’s rally, the reaction high crossing at 84.73 is the next upside target. First resistance is last Tuesday’s high crossing at 83.64. Second resistance is the reaction high crossing at 84.73. First support is the 20-day moving average crossing at 82.45. Second support is the reaction low crossing at 81.99.

The September Euro closed higher due to short covering on Wednesday as it consolidates some of the decline off this month’s high. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are turning bullish signaling that a short-term low is in or is near. Closes above the 20-day moving average crossing at 128.483 would temper the bearish outlook. If September renews last month’s decline, the reaction low crossing at 125.240 is the next downside target. First resistance is the 20-day moving average crossing at 128.483. Second resistance is August’s high crossing at 133.330. First support is last Tuesday’s low crossing at 125.870. Second support is the reaction low crossing at 125.240.

The September British Pound closed higher due to short covering on Wednesday and the high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are oversold but remain neutral to bearish signaling that additional weakness is possible near-term. If September extends last month’s decline, the reaction low crossing at 1.5122 is the next downside target. Closes above the 20-day moving average crossing at 1.5603 would temper the near-term bearish outlook. First resistance is the 20-day moving average crossing at 1.5603. Second resistance is the reaction high crossing at 1.5701. First support is Tuesday’s low crossing at 1.5325. Second support is the reaction low crossing at 1.5122.

The September Swiss Franc closed higher on Wednesday as it extends this summer’s rally. Profit taking tempered early gains and the low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends this summer’s rally, the 2009 high crossing at .10038 is the next upside target. Closes below the 20-day moving average crossing at .9641 would confirm that a short-term top has been posted. First resistance is today’s high crossing at .9937. Second resistance is the 2009 high crossing at .10038. First support is the 10-day moving average crossing at .9728. Second support is the 20-day moving average crossing at .9641.

The September Canadian Dollar closed higher on Wednesday as it extends the trading range of the past seven days. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are oversold and are turning neutral to bullish hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing at 95.71 are needed to confirm that a low has been posted. If September renews last month’s decline, May’s low crossing at 92.22 is the next downside target. First resistance is the reaction high crossing at 95.46. Second resistance is the 20-day moving average crossing at 95.71. First support is Tuesday’s low crossing near 93.66. Second support is May’s low crossing at 92.22.

The September Japanese Yen closed lower due to profit taking on Wednesday and the low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are diverging but are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes below Monday’s low crossing at .11641 are needed to confirm that a short-term top has been posted. First resistance is last Tuesday’s high crossing at .11966. First support is the 20-day moving average crossing at .11737. Second support is Monday’s low crossing at .11641.

Currency Market Commentary - Tue 31 August 2010

Posted by admin | Posted in Forex Power, Forex Trading, Paper Investments | Posted on 01-09-2010

The September Dollar was lower overnight as it consolidates below the 38% retracement level of the June-August decline crossing at 83.62. Stochastics and the RSI are turning bearish hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 82.46 would confirm that a short-term top has been posted. If September renews the rally off August’s low, the reaction high crossing at 84.73 is the next upside target. First resistance is last Tuesday’s high crossing at 83.64. Second resistance is the reaction high crossing at 84.73. First support is the overnight low crossing at 82.51. Second support is the 20-day moving average crossing at 82.46.

The September Euro was higher overnight as it extends the rebound off last week’s low. Stochastics and the RSI are turning bullish hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing at 128.486 are needed to confirm that a short-term low has been posted. If September renews the decline off August’s high, the reaction low crossing at 125.240 is the next downside target. First resistance is the overnight high crossing at 128.130. Second resistance is the 20-day moving average crossing at 128.486. First support is last Tuesday’s low crossing at 125.870. Second support is the reaction low crossing at 125.240.

The September British Pound was higher due to short covering overnight as it consolidates some of this week’s decline. Stochastics and the RSI are oversold but are neutral hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing at 1.5600 are needed to confirm that a short-term top has been posted. If June extends this month’s decline, the reaction low crossing at 1.5122 is the next downside target. First resistance is last Thursday’s high crossing at 1.5597. Second resistance is the 20-day moving average crossing at 1.5600. First support is Tuesday’s low crossing at 1.5325. Second support is the reaction low crossing at 1.5122.

The September Swiss Franc was higher overnight and tested the 87% retracement level of the 2009-2010-decline crossing at .9868 as it extends the rally off June’s low. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends this summer’s rally, the 2009 high crossing at .10038 is the next upside target. Closes below the 20-day moving average crossing at .9642 would confirm that a short-term top has been posted. First resistance is the overnight high crossing at .9878. Second resistance is the 2009 high crossing at .10038. First support is the 10-day moving average crossing at .9731. Second support is the 20-day moving average crossing at .9642.

The September Canadian Dollar was higher due to short covering overnight as it consolidates some of this week’s decline. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends the decline off August’s high, July’s low crossing at 93.60 is the next downside target. Closes above the 20-day moving average crossing at 95.68 are needed to confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 94.71. Second resistance is the 20-day moving average crossing at 95.68. First support is Tuesday’s low crossing at 93.66. Second support is the reaction low crossing at 93.60.

The September Japanese Yen was steady overnight as it consolidates some of this week’s rally. Stochastics and the RSI are diverging but are turning bullish signaling that a move to new highs for the year is possible in the near future. Closes below Monday’s low crossing at .11641 are needed to confirm that a short-term top has been posted. First resistance is last Tuesday’s high crossing at .11966. First support is Monday’s low crossing at .11641. Second support is the May-June uptrend line crossing near .11494.

Sublime Forex Champions GIVING AWAY 3 Full-Paid Scholarships at Their Next Event

Posted by admin | Posted in Forex Power, Forex Trading, Paper Investments | Posted on 15-08-2010

In an industry flooded with false-claims rehashed, BS, even stolen systems and snake oil sellers, such a magnanimous act like this is extremely rare. Dean and the guys at Sublime Trading have decided to give away THREE full-paid scholarship for the entire Sublime Forex Champions package (MASSIVE value)

http://www.mywealthmastery.com/sublime-forex-champions.html

All you need to do is simply signing up for his training webinar on Monday Aug 16th, answer to a short question and attend the webinar to be in a cance to win the prize.The rules are simple, it’s fun, and it won’t take too long.

Follow this link for the full details: http://www.mywealthmastery.com/sublime-forex-champions.html

Dean will announce who won the contest in the webinar, and you MUST be there to claim the prize. So, you learn you gain useful knowledge and stand a chance to win.
It won’t be a waste of time, I’m pretty sure.

So, go ahead and apply for it here: http://www.mywealthmastery.com/sublime-forex-champions.html

Sublime Forex Champions announces a SPECIAL EVENT not to be Missed if YOU are SERIOUS About Forex Trading

Posted by admin | Posted in Forex Power, Forex Trading, Paper Investments | Posted on 14-08-2010

Hi traders,

Below is a link to a trading report showing four example trades that raked in 1511 pips which works out around 377 pips in profits per trade…with only 15 minutes a day. Take a look and I’m sure you’ll like it.

http://www.mywealthmastery.com/tradingreport.pdf

Now, if you are interested in how to achieve these results, be on the special training Webinar on Monday, Aug 16th 2010

http://www.mywealthmastery.com/sublime-forex-champions.html

Here is what will be covered in this special event

* Six easy ways to spot a counterfeit “trading teacher” from a mile away.
* Two simple tricks that instantly remove 95% of your emotions in trading. Since we know fear and greed are the number one killers of traders, this info could improve your trading now.
* A little known position sizing trick that can double your returns, regardless of what market or system you trade.
* Why money managers who only risk 1-2% per trade still make great returns.
* Why trading is not a “zero sum game” and what this means for the average trader.
* How to make strong profits using the daily charts and trading only 10 minutes per night.
* How Jim Rogers, Warren Buffett, and others became great traders and investors.
* What the “gurus” selling hype trading courses are hiding from you

And there’ll be a demonstration using real, live trades how the Sublime Champions trading systems work… how powerful these 4 custom systems truly are (using their now-infamous 15 proprietary indicators).

All that in an hour? Certainly sounds like a good use of an hour of your time? I promise it won’t be a waste of your time! The organizer expect to be packed out Monday August 16, especially since this invitation is going out to tens of thousands of people.

Click here to register for your seat at the Monday webinar.

http://www.mywealthmastery.com/sublime-forex-champions.html

On top of that, they’re going to spice things up and give out Advanced Perpetual Profit Software version. This is the best trading assisting tool you can find on the market.It supports 14 built-in indicators, 4 proprietary trend detection algorithms and a lot of useful information for traders.

The only thing you have to do to get it is… be on the webinar.

It’s going to be lots of fun while Dean and his team do his best to stuff your brain with as pip-generating ideas as you can handle.

Are you in? Click here to register for the webinar….

http://www.mywealthmastery.com/sublime-forex-champions.html

They’re holding nothing back, pulling no punches, and giving you the RAW truth about what it takes to bring home the BIG BUCKS with the Sublime Forex Champions

The lines are limited so make sure you register early.

To Your Wealth!

P.S. There’ll be a HUGE surprise for you. You’ll get a chance to qualify for a free copy of the complete Sublime Champions program on the webinar as well

Click here to register now for your slot:
http://www.mywealthmastery.com/sublime-forex-champions.html

10Kto1MM is Closing Doors in Few Hours…Take Advantage of our AMAZING OFFER

Posted by admin | Posted in Forex Power, Forex Trading, Paper Investments | Posted on 13-08-2010

This is the last reminder to join 10Kto1MM program, registration will be closed in less than 5 hours…Once registration is over, Henry Liu will be concentrating on trading and I can’t say for sure when the next open registration will be.

Yes, I’m ready to join 10Kto1MM - http://www.10kto1mm.com/index.php?referrer=gdaywealth

If you’ve already joined, let me just say thank you and I’ll see you inside of the membership area next week, but if you haven’t joined yet, there is still a few more hours left before the door closes…

As I said before, the very definition of insanity is to do the same hing over and over but expecting a different outcome.  If what you’ve been doing hasn’t worked for you, maybe it’s time to try something different and take a chance, it may be the once-in-a-lifetime opportunity you’ve been waiting for…

With the 30 days Money Back Guarantee, you can go ahead and reserve your seat with confidence. If for any reason you are unhappy about the program, just contact 10Kto1MM and they will refund you immediately.  Why not take me up on the offer? To sweeten the deal, if you sign up using a link on my website, I will refund you 25% of the purchase price and also give you other bonuses.

Yes, I’m ready to join 10Kto1MM - http://www.10kto1mm.com/index.php?referrer=gdaywealth

To Your Wealth!

*** OUR CASHBACK OFFER ***

I’ll be very honest with you. For every sale that happens through my website, I get a commission from 10Kto1MM. If you buy the subscription through a link on my website, I will share some of that commission. Yes, you heard it right - I will share some of my commission with you! In fact, I will refund you 25% of your purchase price. That’s awesome – don’t you agree?

So, what have you got to lose? Buy one of the best Training Programs and Subscription Service available to any trader, enjoy a 30-day money back guarantee period period and get 25%  Cash Back for your purchase.

Please Click Here for more information on Cash Back Offer for 10Kto1MM

Spot Gold Alert

Posted by admin | Posted in Forex Trading, Paper Investments | Posted on 13-08-2010

Spot Gold (XAUUSD) has triggered a long trade at $1,210.52 with a Stop Loss of $1,190.78

Your comments on Gold trading are welcome on this blog.

To Your Wealth!

FINAL NOTICE - 10Kto1MM Closing Down…

Posted by admin | Posted in Forex Power, Forex Trading, Paper Investments | Posted on 12-08-2010

Registration for 10Kto1MM Formula is closing down in just a few hours…

IMPORTANT: Registration closes on Friday August 13 at 11:59pm EST.

This is not a high-pressure sales tactic, once Henry closes registration, he usually doesn’t open it again for months… Last time he ended registration of his Mastermind Mentoring class was in March of 2010, there’s no plan to re-open it until 2011…

Although the 10Kto1MM formula is a bit different, if you miss this opportunity, you may not get another chance in a few months…

So there are only hours left to get in:

http://www.10kto1mm.com/index.php?referrer=gdaywealth

To Your Wealth!

*** OUR CASHBACK OFFER ***

I’ll be very honest with you. For every sale that happens through my website, I get a commission from 10Kto1MM. If you buy the subscription through a link on my website, I will share some of that commission. Yes, you heard it right - I will share some of my commission with you! In fact, I will refund you 25% of your purchase price. That’s awesome – don’t you agree?

So, what have you got to lose? Buy one of the best Training Programs and Subscription Service available to any trader, enjoy a 30-day money back guarantee period period and get 25%  Cash Back for your purchase.

Please Click Here for more information on Cash Back Offer for 10Kto1MM

Finally 10Kto1MM Formula is LIVE + Amazing Cash Back Offer

Posted by admin | Posted in Forex Power, Forex Trading, Paper Investments | Posted on 10-08-2010

Finally 10Kto1MM Formula is LIVE!

Quickly, I just wanted to let you know that 10Kto1MM is LIVE…

http://www.10kto1mm.com/index.php?referrer=gdaywealth

Last 3 times when Henry did his mentoring classes, they were sold out in less than 48 hours… But because of the amazing deals that he is offering here, let’s face it, 10Kto1MM formula is much more affordable, I don’t think this sale will last 48 hours…

There is only a limited number of seats available, so don’t delay.  Here’s link:

http://www.10kto1mm.com/index.php?referrer=gdaywealth

To Your Wealth!

*** OUR CASHBACK OFFER ***

I’ll be very honest with you. For every sale that happens through my website, I get a commission from 10Kto1MM. If you buy the subscription through a link on my website, I will share some of that commission. Yes, you heard it right - I will share some of my commission with you! In fact, I will refund you 25% of your purchase price. That’s awesome – don’t you agree?

So, what have you got to lose? Buy one of the best Training Programs and Subscription Service available to any trader, enjoy a 30-day money back guarantee period period and get 25%  Cash Back for your purchase.

Please Click Here for more information on Cash Back Offer for 10Kto1MM

Cash Back Offer For 10Kto1MM

Posted by admin | Posted in Forex Power, Forex Trading, Paper Investments | Posted on 10-08-2010

I’ll be very honest with you. For every sale that happens through my website, I get a commission from 10Kto1MM. If you buy the subscription through a link on my website, I will share some of that commission. Yes, you heard it right - I will share some of my commission with you! In fact, I will refund you 25% of your purchase price. That’s awesome – don’t you agree?

There are many affiliate websites that offer bonuses like trading strategies, closely held secrets, 101 tips, do’s and don’ts, guides & manuals, indicators or expert advisors, etc. The question is how useful are those free bonuses to you. If those really work, no one will give them away for free. Practically those bonuses are useless and the other affiliate marketers usually value these bonuses at some ridiculous prices, for example, $97 for 8 tips to avoid trading scams.

I’d much rather give you something that you can use – cold hard cash (via deposit into your paypal account!)

Just follow these simple steps for Cash Back claim:

  1. Buy 10Kto1MM by clicking on the link here - http://www.10kto1mm.com/index.php?referrer=gdaywealth
  2. After completing your purchase, please send an email to admin [at] mywealthmastery.com with the subject “10Kto1MM Cash Back Claim”. Please include details/transaction receipt of your purchase and make sure you provide your paypal email id.
  3. I will check the transaction details and will deposit the refund into your paypal account within 45 days from the date of purchase. Unfortunately, it may take up to 45 days because I do not get paid by 10Kto1MM until after the 30-day money back guarantee period expires. I apologize for this, but I am paying for the Cash Back Bonus out of my affiliate earnings and I cannot process them until the sale is confirmed as FINAL.

Important Note – Cash Back Offer is not available in the unlikely event that you return the product for a refund within 60-day money back guarantee period.

So, what have you got to lose? Buy one of the best Training Programs and Subscription Service available to any trader, enjoy a 30-day money back guarantee period period and get 25%  Cash Back for your purchase.

Buy 10Kto1MM by clicking on the link here - http://www.10kto1mm.com/index.php?referrer=gdaywealth

To sweeten the deal further, I will throw in other bonuses as well.

Unconventional Trading Strategy…

Posted by admin | Posted in Forex Power, Forex Trading, Paper Investments | Posted on 10-08-2010

When I first heard about this, I thought it was an unusual way to trade in a reversal direction of what people are doing. But as I learned more about it in Dean Gallagher’s new released video, I soon realized why it has become one of the most powerful and effective trading techniques around.

The best part is that it’s fairly easy compared to most other methods out there. And you can see EXACTLY how it works here:

http://www.mywealthmastery.com/unconventional-trading-strategy.html

A sneak peak inside the curtain for you:

- Dean reverse engineers one of the most  covert methods used by some of the best traders on earth, and shows YOU how you could use it yourself starting today.
- He demystifies how to finally trade BREAKOUTS the right way.
- Then he tells you the 3 proven ways to determine exactly which breakouts will fail and which succeed. And how to profit from BOTH!

And as if that’s not enough, Dean’ll tell you the one little FORMULA that separate you from the pros: MACAS + MM = LCP

http://www.mywealthmastery.com/unconventional-trading-strategy.html

To Your Wealth!

P.S. If you missed Parts 1 and 2, you’re not going to know how easy it is to make consistent profits with the stuff Dean’s been sharing. That’s okay - when you go to the member page to watch Part 3, you can go back and see anything you missed.

Check it all out right here.

http://www.mywealthmastery.com/unconventional-trading-strategy.html

P.P.S. Don’t forget to sign up for our webinar on Monday August 16 after you watch the video. And don’t forget to provide your comments on the training series.