My AGEA ~ Marketiva Forex Blog  

Marketiva have 3 ways to withdrawal your money through Wire transfer, E-Gold and E-Bullion. Now I’ll give you the simple way withdraw to you e-gold account on marketiva streamer.

On your streamer click on Account Tab and then click Withdrawal Fund. It will redirect you the page of “Withdraw Funds from Your Marketiva Account” and choose E-Gold, the fee only $7 (once only) and will debit from your current money.

Read the rest of this entry »

Surprised.. i got free bonus $1 dollar after upgrading the latest Marketiva streamer and free bonus $10000 for virtual trading account.

EUR/USD intraday: bullish bias above 1.3335.

Pivot: 1.3335

Our preference: Long positions above 1.3335 with targets @ 1.3505 & 1.354 in extension.

Alternative scenario: Below 1.3335 look for further downside with 1.3255 & 1.321 as targets.

Comment: the immediate trend remains down and the momentum is strong

GBP/USD intraday: key ST resistance at 1.553
Pivot: 1.5530.
Our Preference: SHORT positions below 1.553 with targets @ 1.5435 & 1.54.
Alternative scenario: The upside penetration of 1.553 will call for a rebound towards 1.5565 & 1.56.
Comment: the RSI lacks upward momentum.

Elliott Wave Theory was discovered by Ralph Nelson Elliott in the 1930’s. He
came to the conclusion that the markets don’t move in random movements and
that directional changes have a correlative relationship with other
directional movements in many different time frames. His methods can explain
all the movements of any market in history. This gives the Elliottician a better
understanding of the future direction of the market.

Basically markets move five waves in the impulsive or motive direction and
three waves in the corrective direction. The drawing below shows how this
basically looks.

that waves 1,3 and 5 are motive. Moving in the direction of the trend for
the entire five wave move. Waves 2 and 4 are corrective and usually don’t
violate the starting point of the previous motive wave. Read the rest of this entry »

There a lot of resources on internet you can learn about forex, BabyPips just one of them. On Babypips you can learning anything from basic until expert articles tutorial. One of the basic articles for newbie trader is to know, does it real we can make money with Forex ? Its explained, in Forex market we can sell or buy any currencies, and how to join the foreign exchange is very simple and like we trade in stock market.
The object of Forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold.

more detail the full article: How You Make Money Trading Forex Read the rest of this entry »

The dollar pushed higher after better-than-expected US trade data for June.

The Commerce Department said the US trade deficit narrowed a touch to 64.8 bln usd in June, compared with a revised 65.0 bln in May. Wall Street analysts had predicted a June deficit of 64.5 bln, up from the original 63.8 bln estimate for May. Read the rest of this entry »

We’ve retraced 61.8% of the 18-month long range from the 1.1875 lows in June 2010 to May of 2011. Expect another leg lower if we can take the 1.3046 level out, with a test of 1.3000 unfolding. The market seems quite comfortable with shorts, unable to overcome even 1.3100 on mild retracements intraday this afternoon.

Many trader specially new trader still don’t understand with the definition of Broker and Market Maker. Actually Marketiva is Market Maker not Forex Broker, based on About Marketiva Company it said:

Marketiva is a financial services corporation specialized in providing traders with high quality online trading services. With a team of dedicated financial specialists and technical support personnel, Marketiva operates globally as a market maker and principal counterparty to retail traders. Marketiva has established itself as an industry leader by relying on its groundbreaking internet trading platform and its superior customer service

Read the rest of this entry »

USD/JPY intraday: the upside prevails.
Pivot: 77.30.
Our Preference: LONG positions above 77.3 with 77.85 & 78.1 in sight.
Alternative scenario: The downside penetration of 77.3 will call for a slide towards 77.2 & 77.
Comment: the RSI lacks downward momentum.

EUR/USD intraday: rebound expected.
Pivot: 1.3245.
Our Preference: LONG positions @ 1.326 with targets @ 1.335 & 1.341.
Alternative scenario: The downside breakout of 1.3245 will open the way to 1.3205 & 1.3165.
Comment: the pair remains on the downside, and the RSI is capped by a bearish trend line.

Figure above is my last result on August 29, 06 not too much

at least today is my lucky day. Hope tommorow more and more gree pips. Read the rest of this entry »

LONDON (AFX - London 1612 GMT London 1324 GMT) - The dollar weakened to levels not seen in nearly a week, dented by news of benign inflationary pressures in the US which weighed on the chances of a rate hike over the coming months.

The euro nudged up over half a cent after the afternoon’s data, to levels in the mid-1.28 usd area.

The much awaited US CPI data came in below expectations, with the core rate dropping to 0.2 pct in July from 0.3 pct in June. The headline CPI rate, meanwhile, rose by 0.4 pct in line with expectations.
Read the rest of this entry »

FXstreet.com – The EUR/USD reached a fresh 7-week low at 1.3315 after the meeting of French, German and Italian leaders. Currently the pair is slowly moving off the lows and trades above 1.3340, at the same price it had at the beginning of the day.

“The pair finished the session lower after Germany’s Merkel says she sees no reason for Eurobonds, adding that Eurobonds would weaken us all and that a common interest rate on Euro-zone bonds sends the wrong signal,” wrote analysts from Talking-Forex.com

According to the them from a technical perspective, supports are seen at the 21-day lower bollinger level at 1.3225, followed by 1.3145 and 1.3088. “On the other hand, resistance levels are noted at the 10DMA line at 1.3504 and then at 1.3569.”