C-GB

C-GB
C-GB Algo Hedge Fund,with the Best Pamm Account Managers,a pure systematic (automated) trading program which is quite different than most as it utilizes sophisticated algorithms , our Fund provides exceptional strength, and stability. Trading Forex, CFD's Gold,Oil,Futures, New Clients Receive Free Start-up Capital -No Catches No Risk- Invest in C-GB Algo Hedge Fund open an Account in Minutes Below.

Sunday, August 14, 2011

InstaForex – Best Broker in Asia 2011

InstaForex Company has been called the best broker of Asia triply

Worldwide known InstaForex Company has been awarded with the Best Broker in Asia title for the third time by the «World Finance Awards» launched by the British publication World Finance. Victory in this prestigious nomination comes as one more approval of the company’s positive development dynamics. The company’s management made the right choice selecting the Asian region for implementing its strategic ideas. Impressive InstaForex achievements in Asia prompted further development and creation of well-known brand which is in the limelight of Forex currency market as well as among the financial market members.

Presently, Asia involves the majority of direct sales offices and company’s divisions. In many of them educational courses and seminars are run on a permanent basis. Having carried out accurate market researches, InstaForex experts have hammered out additional services for the Asian traders. Aside from that, the second year straight a great interest of Forex society is fueled by a distinguished “Miss InstaForex Asia” contest. All this has become possible due to a competent management policy and well-skilled approach to each activity aspect.

Getting its work on the road, the company made a stake on high-grade services and their availability for traders with any capital. Amid this, its work standards are expanding permanently. To this day, InstaForex is one of the leaders of the Asian as well as of the global brokerage services market. The company offers maximally full range of trading instruments, wide choice of different options, various educational projects and unique bonus programs. In other words, InstaForex allows no matter a newcomer or a real Forex guru to find the most suitable terms of trading and extra opportunities. The broker always follows the latest trends, changes for the better and keeps on investing in people and technologies in order to meet expectations of traders around the globe. InstaForex turned out to be a reliable partner already for more than 350 thousands of traders from 80 countries. The number of representative branches also rises – expanding geographically the company advances the quality and efficiency of serving the international clients.

InstaForex team thanks the award organizer – the international financial magazine “World Finance” and every client for giving a high assessment of the company’s work. InstaForex hopes to solidify its positions in Asia and all over the world going forward for the benefit of its clients and extending its services line.
Sincerely,
Clients Service

Friday, August 12, 2011

GBP/JPY Elliott wave count and Fibonacci levels for August 12, 2011

GBP/JPY is developing wave C of medium term downtrend from 128.87 (colored red in the chart). Within this wave there are four subwaves with subwave 4 from 123.27 still developing (colored orange red in the chart). The targets of the upmove are Fibonacci retracements of 130.81-123.23, 128.87-123.27, 127.01-123.27, and expansions off 123.27-124.75-123.36.
Resistances:
- 125.14 = .50 retracement
- 125.41 = .382 ret
- 125.58 = .618 ret
- 125.75 = expanded objective point (XOP)
- 126.07-15 = .50 and .382 retracements
- 126.73 = .618 ret
- 127.04 = .50 ret
- 127.93 = .618 ret
If the price reverses to the downside the targets of the downmove will be Fibonacci expansions off 130.81-127.38-128.87, 128.87-125-36-127.01.
Supports:
- 121.33 = expanded objective point (XOP)
- 119.89 = super expanded objective point (SXOP)
Overbought/Oversold
Assuming that the medium term trend is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (20-25 pips above the current prices) or into the overbought area (60-80 pips above the current prices).

Thursday, August 11, 2011

GBP/JPY Elliott wave count and Fibonacci levels for August 11, 2011

GBP/JPY is developing wave C of medium term downtrend from 128.87 (colored red in the chart). Within this wave there are four subwaves with subwave 4 from 123.27 still developing (colored orange red in the chart). The targets of the upmove are Fibonacci retracements of 130.81-123.23, 128.87-123.27.
Resistances:
- 125.41 = .382 retracement
- 126.07-15 = .50 and .382 retracements
- 126.73 = .618 ret
- 127.04 = .50 ret
- 127.93 = .618 ret
If the price reverses to the downside the targets of the downmove will be Fibonacci expansions off 130.81-127.38-128.87, 128.87-125-36-127.01.
Supports:
- 121.33 = expanded objective point (XOP)
- 119.89 = super expanded objective point (SXOP)
Overbought/Oversold
Assuming that the medium term trend is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (current prices) or into the overbought area (40-60 pips above the current prices).

Wednesday, August 10, 2011

GBP/JPY Elliott wave count and Fibonacci levels for August 10, 2011

GBP/JPY is developing wave C of medium term downtrend from 128.87 (colored red in the chart). Within this wave there are three subwaves with subwave C from 127.01 still developing (colored orange red in the chart). The targets of the downmove are Fibonacci expansions off 130.81-127.38-128.87, 128.87-125-36-127.01, 127.01-124.48-126.22.
Supports:
- 123.69 = objective point (OP)
- 123.50 = OP
- 123.32 = expanded objective point (XOP)
- 122.13 = XOP
If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 130.81-124.48.
Resistances:
- 126.90 = .382 retracement
- 127.65 = .50 ret
- 128.39 = .618 ret
Overbought/Oversold
Assuming that the medium term trend is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (15-20 pips above the current prices) or into the overbought area (40-60 pips above the current prices).

Tuesday, August 9, 2011

USD/JPY Intraday Technical analysis 2011-08-09

The spot rate approaches the intermediate resistance of its medium term bearish channel in 78.50. A break of these levels would allow it to reach the upper limit of this one to 80.20.
According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 78.50 with a 1st objective of 79.20, then 79.50. A break in 78.20 would invalidate this scenario

Monday, August 8, 2011

EUR/USD. Weekly and Monthly Pivot Points, For 08 - 12/ August, 2011

____WEEKLY_____
Weekly - R3 = 1.4868
Weekly - R2 = 1.4660
Weekly - R1 = 1.4470
Weekly Pivot = 1.4262
Weekly - S1 = 1.4072
Weekly - S2 = 1.3864
Weekly - S3 = 1.3674
____MONTHLY______
Monthly - R3 = 1.5447
Monthly - R2 = 1.5013
Monthly - R1 = 1.4705
Monthly Pivot = 1.4271
Monthly - S1 = 1.3963
Monthly - S2 = 1.3529
Monthly - S3 = 1.3221

Friday, August 5, 2011

EUR/GBP candlestick analysis for August 5, 2011

In a 4-hour graph the EUR/GBP currency pair has successfully tested the support level 0.8720, to continue downside movement further.
Earlier in a 4-hour graph the EUR/GBP formed a Dark Cloud Cover candlestick combination indicating downside movement confirmed further.
This candlestick combination was demonstrating strong upside movement after a fail to break 0.8720. However, it reversed near 0.9083. It means that the bears activated near 0.9100 and did not allow the bulls to fixate.
Fixation below the Fibonacci correction level 23.6 denotes that this point of view is correct. This caused a decline to the support level 0.8860 where the Fibonacci correction level 61.8 is located as well. Its break caused downside movement to 0.8720. If it fixates below 0.8720, it will allow the pair to reach 0.8600.
It is worth mentioning that stop loss should be placed slightly above the resistance level 0.8891 as its break will target the pair to 0.9000.