EUR/USD: Weekly Technical Levels for January 7 - 11, 2013

	EUR/USD: Weekly Technical Levels for January 7 - 11, 2013 2013-01-07	4/5

Weekly Technical Levels:


Show full picture Tip(s):
R3 and S3 are considered to be clear indicators of the maximum range of extreme volatility, though it is possible to pass them through.
Pivot lines work well on the sideways markets as the prices are most likely to be located between the R1 and S1 lines.
Within a strong trend, the price is expected to be lower than the pivot point line and continue moving.
If the breaking news released may affect the market, the price is likely to go straight through R1 or S1 and even reach R2 and R3 or S2 and S3.
Observation(s):
If the trend is of an upside character, then the strength of the currency will be defined as following: the EUR is an uptrend and the USD is a downtrend.
Fibonacci retracement is used to determine accurate psychological levels of support and resistance. The period of time should be taken into account.
Fibonacci is in a range trade; it looks like the trend is trapping and going up or down. If you sell or buy for a long term in this period, you will surely lose your profit.
Stop loss should NEVER exceed your maximum exposure amounts.
As a rule, the market is highly volatile if the last day had a huge volatility

GBP/USD: Weekly Technical Levels for January 7 - 11, 2013

GBP/USD: Weekly Technical Levels for January 7 - 11, 2013 2013-01-07	5/5

Weekly Technical Levels:


Show full picture Tip(s):
R3 and S3 are considered to be clear indicators of the maximum range of extreme volatility, though it is possible to pass them through.
Pivot lines work well on the sideways markets, as the prices are most likely to be located between the R1 and S1 lines.
Within a strong trend, the price is expected to be lower than the pivot point line and continue the movement.
If the breaking news released may affect the market, the price is likely to go straight through R1 or S1 and even reach R2 and R3 or S2 and S3.
Observation(s):
If the trend is of an upside character, then the strength of the currency will be defined as following: the GBP is an uptrend and the USD is a downtrend.
Fibonacci retracement is used to determine accurate psychological levels of support and resistance. The period of time should be taken into account.
Fibonacci is in a range trade; it looks like the trend is trapping and going up or down. If you sell or buy for a long term in this period, you will surely lose your profit.
Stop loss should NEVER exceed your maximum exposure amounts.
As a rule, the market is highly volatile if the last day had a huge volatility.

USD/CHF: Weekly Technical Levels for January 7 - 11, 2013

	USD/CHF: Weekly Technical Levels for January 7 - 11, 2013 2013-01-07	0/5

Weekly Technical Levels:


Show full picture Tip(s):
R3 and S3 are considered to be clear indicators of the maximum range of extreme volatility, though it is possible to pass them through.
Pivot lines work well on the sideways markets, as the prices are most likely to be located between the R1 and S1 lines.
Within a strong trend, the price is expected to be lower than the pivot point line and continue the movement.
If the breaking news released may affect the market, the price is likely to go straight through R1 or S1 and even reach R2 and R3 or S2 and S3.

Observation(s):
If the trend is of an upside character, then the strength of the currency will be defined as following: USD is an uptrend and CHF is a downtrend.
Fibonacci retracement is used to determine accurate psychological levels of support and resistance. The period of time should be taken into account.
Fibonacci is in a range trade; it looks like the trend is trapping and going up or down. If you sell or buy for a long term in this period, you will lose your profit.
Stop loss should NEVER exceed your maximum exposure amounts.
As a rule, the market is highly volatile if the last day had a huge volatility.

Forex Market Hours According To Pakistan Time

Forex Market Hours According To Pakistan Time
 Here's I Post Markets name with Pakistan's  Timing that when Will That Market will open and When Will close according to Pakistan Time.

S.No	Market	Open	Close
1	London	1 Pm	9 Pm
2	New York	6 Pm	3 Am
3	Sydeny	3 Am	12 Pm
4	Tokyo	5 AM	2 Pm

If You want To Know what's The Best Time For Trading According To Pakistan Time  Then    
 Click Here To Know

HotForex - Refer-a-Friend And Earn Live Trading Balence

HotForex - Refer-a-Friend Promotion

HotForex highly values and rewards its clients' loyalty and continued business. We have therefore launched a referral program in order to show our appreciation to our clients and reward them for any additional business that they introduce to us.After you refer a friend or relative to us, simply notify us via email about the referral and after verification your account will be credited with the Referral Reward. The referral reward varies depending on the size of the initial deposit of the referred client (please see the reward table). The more they fund the more you are rewarded. It couldn't be simpler.

Referral’s Initial Deposit Your Reward $300 to $1,999 $60 $2,000 to $4,999 $100 $5,000 to $9,999 $150 $10,000 and Over $200

To claim your reward simply email us at referrals@hotforex.com and include the following information:
1. Your trading account number and your email address associated to your account
2. Your referral’s account number and the email address associated to the account

Terms and conditions

• The HotForex Referral Program can be terminated at managment's discretion at any one point in time. The referrer will be made eligible to receive the reward once the deposit has been credited into the referred Client trading account.
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