Monday, April 27, 2009

5TH UP WAVE OVER OF MANMOHAN GOV"MERCURY"



17-18 may mercury is back with sun... another auspicious day..stock market fall on card ..the day of election result...and congress goverment will be defeated ....let us see.."tare kaya bolte hia"

nifty extended 3rd up wave near on termination




nifty spot this upside is going to formation of extended 3rd wave on daily chart
.then will go 4th corrective wave formation (complex pattern formation)
then 5th wave will be on card
(see chart)
uper side profit booking zone.
obey level strictly
S&P CNX NIFTY* RC Wave* stoplls:3,462 next week_Buy above :3,490.59next week up target>3,536>>3,610>>>3,656
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S&P CNX NIFTY* RC Wave* stoplls :3,491 next week_Short bellow :3,462.31next week lower target >3,417>>3,342>>>3,297

Sunday, March 29, 2009

mercury back :)


yes mareket behaved in same way
as we have pointed out in our last astro report.
last 2 week bulls enjoying-it has meen metioned that after 12 march bear cycle will end and up move on card..check last post

now 31-31 march mercury is back with sun..inner dip on card
buy on decline advisible

NIFTY_F1* RC Wave* NEXT WEEK stoplos:3,106 next week_Buy above :3,148.37
next week up target>3,218>>3,330>>
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NIFTY_F1* RC Wave* NEXT WEEK stoplos :3,148 next week_Short bellow :3,105.63

next week lower target >3,036>>2,924>>


S&P_500* RC Wave* NEXT WEEK stoplos:808 next week_Buy above :816.30
next week up target>829>>851>>
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S&P_500* RC Wave* NEXT WEEK stoplos :816 next week_Short bellow :808.20
next week lower target >795>>774>>

Sunday, March 15, 2009

forex trading -2

During the 24 hours period currency pairs in Forex market experience several hours, when the volume of trades is the highest and so is the pip movement
London/ New York sessions:
EUR/USD USD/CHF GBP/USD
Tokyo/Sydney sessions:
EUR/JPYAUD/USDUSD/JPY AUD/JPY
Sydney session:
AUD/USDEUR/USD

During the week the most active Forex trading days are: Tuesday, Wednesday and Thursday. Sundays (opening) and Mondays are days when traders are mostly watching and analyzing the market and predict further price moves
Fridays are traded approximately till noon, after that all actions slow down and almost freeze before the actual market closing at 5 pm EST.

Tuesday, March 10, 2009

HOW to get started forex trading



How To Get Started Forex Trading

The foreign exchange market (FOREX) offers many advantages to investors. But you need to know where to begin. This short guide will give you the FOREX basics, so you can quickly start participating in this fast growing market.
In the past, foreign exchange trading was limited to large players such as national banks and multi-national corporations. In the 1980’s the rules were changed to allow smaller investors to participate using margin accounts. Margin accounts are the reason why FOREX trading has become so popular. With a 100:1 margin account, you can control $100,000 with a $1,000 investment.
A Learning Curve
FOREX is not simple, though, so you’ll need some knowledge to make wise investment decisions. Although it is relatively easy to start trading on the FOREX, there are risks involved. Your first move as a beginner should be to find out as much as possible about the forex market before risking a dime.
Find A Forex Broker
FOREX traders usually require a broker to handle transactions. Most brokers are reputable and are associated with large financial institutions such as banks. A reputable broker will be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) as protection against fraud and abusive trade practices.
Open an Account with a forex borker
Opening a FOREX account is as simple as filling out a form and providing the necessary identification. The form includes a margin agreement which states that the broker may interfere with any trade deemed to be too risky. This is to protect the interests of the broker, since most trades are done using the broker’s money.Once your account has been established, you can fund it and begin trading.
Many brokers offer a variety of accounts to suit the needs of individual investors. Mini accounts allow you to get involved in FOREX trading for as little as $250. Standard accounts may have a minimum deposit of $1000 to $2500, depending on the broker. The amount of leverage (how much borrowed money you can use) varies with account type. High leverage accounts give you more money to trade for a given investment.
Trades are commission-free, meaning that you can make many trades in one day without worrying about incurring high brokerage fees. Brokers make their money on the ’spread’: the difference between bid and ask prices.
Paper Trading Forex Market
Beginning traders are strongly advised get accustomed to FOREX by doing "paper trades" for a period of time. Paper trades are practice transactions that don’t involve real capital. They allow you to see how the system works while learning how to use the various software tools provided by most FOREX brokers.
Most online brokers have demo accounts that allow you to make free paper trades for up to 30 days. Every new FOREX investor should use these demo accounts at least until they are consistently showing profits.
FOREX Software
Each forex broker has its own set of software tools for making transactions, but there are a few tools that are common to all FOREX brokers. Real-time quotes, news feeds, technical analyses and charts, and profit-and-loss analyses are some of the features you can expect to see on most online brokers’ web sites.
Almost every broker operates on the Internet. To access a broker’s online services you’ll need a reasonably modern computer, a fast Internet connection, and an up-to-date operating system. Once your account is set up, you can access it from any computer just by entering your account name and password. If for some reason you are unable get to a computer, most brokers will allow you to make trades over the phone.
There are lots of ways to make money. FOREX trading is just one more potential stream of income — if you are prepared to learn and practice.