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March 28th, 2017 @ 9:25 pm by Muhammad Azeem

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3-29-2017 2-16-14 AMTrend is bullish in NZD/USD currency pair, four hour time frame. As I have suggested past week during my daily Live trading room session, market is falling down to complete a bearish Elliott wave y leg and traders should look for a sell trade. So, all those Forex traders who have followed my Elliott wave analysis have made the right decision as the price action has descended. Strong key support level is present at 0.6892 price level.

 

Be sure to check out daily Forex market updates via Live Trading Room. In my opinion, price action in NZD/USD currency pair is most probably going to drop more towards 0.6945 price area to print a bearish wave y leg which is going to complete Double Zig Zag Wave 2 leg. So, a good idea is to go long at or around 0.6945 market level to ride and trade the upcoming bullish Impulse wave 3 Elliott wave pattern.

 

However; if price action of NZD/USD currency pair closes a bearish candlestick below 0.6892, key support level then bullish Elliott wave count will become in-valid. In this case, I would prefer to stop trading the NZD/USD currency pair and re-look at the four hour chart.

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March 14th, 2017 @ 10:47 am by Muhammad Azeem

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3-14-2017 3-21-29 PMTrend is bearish in AUD/USD currency pair, four hour time frame. As I have suggested past week during my daily Live trading room session, market is falling down on a medium term basis to complete a bearish Elliott wave c leg and traders should look for a sell trade. So, all those Forex traders who have followed my Elliott wave analysis have made the right decision as the price action has descended. Strong key resistance level is present at 0.7632 price level.

 

Be sure to check out daily Forex market updates via Live Trading Room. In my opinion, price action in AUD/USD currency pair is most probably going to drop more towards 0.7485 price area to print a bearish wave c leg which is going to complete wave Y of a Double Zig Zag. So, a good idea is to go short at market to ride and trade the bearish wave Y Double Zig Zag Elliott wave pattern.

 

However; if price action of AUD/USD currency pair closes a bullish candlestick above 0.7632 important resistance level then bearish Elliott wave count will become in-valid. In this case, I would prefer to stop trading the AUD/USD currency pair and re-look at the four hour chart.

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March 7th, 2017 @ 10:03 pm by Muhammad Azeem

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3-8-2017 3-00-39 AMTrend is bearish in four hours chart. Important resistance level is present at 0.7245 price level. In past few trading days, market has moved lower. A clear bearish Expanded Flat Elliott Wave pattern has appeared at Wave iv location which pushed the price down.

A good option is to look for a sell trade as price is already falling down to print a Bearish Impulse Wave v leg. If bullish candlestick closes above 0.7245 key resistance level then down trend is going to fail. In such case, I would prefer to stay out of market and re-analyze the price action in NZD/USD currency pair.

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March 3rd, 2017 @ 6:48 pm by Muhammad Azeem

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3-3-2017 11-42-34 PMTrend is bullish in four hours chart. Critical support is present at 118.22 price level. The price of EUR/JPY currency pair moved up to print bullish Wave iii leg. Now, I expect a top in price action and market to going to fall down to print a short term bearish pull back – Wave iv. Wave iv which is most likely going to be a sideways corrective pattern.

A good suggestion is to wait for the Wave iv to first appear and then look for a buy trade to join an up trend. However; if market closes a bearish candlestick below 118.22 vital support area then bullish trend will end. In such case, I will stop myself from trading and re-analyze the price chart of EUR/JPY currency pair.

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March 2nd, 2017 @ 9:45 pm by Muhammad Azeem

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3-3-2017 2-42-13 AMTrend is bullish in four hours chart. Important support is present at 0.8492 price level. Price is most likely going to create a short term bearish pull back to print Wave iv. Wave iv is going to be a Flat of Triangle Elliott Wave pattern.

A trading idea is to wait for more bars to get a clear pattern and then go long at the termination point of Wave iv. If price breaks below 0.8492 vital support level then up trend is going to end. In such a market scenario, it would be best not to trade the market and re-analyze the EUR/GBP 4 hours time frame.

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February 21st, 2017 @ 8:07 am by Muhammad Azeem

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eur-usdTrend is bearish in EUR/USD currency pair, four hour time frame. As I have suggested past week during my daily Live trading room session, market is falling down on a short term basis to complete wave b of a Zig Zag Elliott Wave pattern and traders should look for a sell trade. So, all those Forex traders who have followed the analysis have made the right decision as the price has descended. Strong key resistance level is present at 1.0828 price level.

Be sure to check out daily Forex market updates via Live Trading Room. In my opinion, price action in EUR/USD is most probably going to rise up again to print a possible bullish wave c pattern to complete a Zig Zag which is going to complete corrective Wave B. So, a good idea is to first wait for a bullish wave c leg in price action and then short the market to ride the bearish wave C leg!

However; if price action of EUR/USD currency pair closes a bullish candlestick above 1.0828 key resistance level then bearish Elliott Wave count will become in-valid. Henceforth, I may jump at the chance to stay out of the market and re-analyze the EUR/USD price action.

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October 14th, 2011 @ 5:54 pm by Michael Radkay

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BY <a href=”http://www.rdstrader.com”>STEPHANIE RADKAY</a>

<div style=”float: right;”><img src=”http://www.rdstrader.com/castle.jpg”></div>Long ago in the ancient land of Tradeopolis there lived a king, King Libra.  This king was a very kind, intelligent, giving, sharing soul.  The thing that was most unique about King Libra compared to any other king was he was more like a God.  His people and the surrounding kingdoms often prayed to him and bowed to him in his presence for he had such great intelligence and knew everything there was to know.  The people in Tradeopolis respected him greatly and when anyone was in need they would go to him to help solve all their problems.

One day one of his people, Fast Market Freddy, came to King Libra and told him he wanted to trade Foreign Currency.  “Ah, yes,” said the King,  “what a brilliant idea.  You know you must have money in your pocket and in the bank to do this, Freddy.”  Fast Market Freddy answered, “Yes, I have that covered, King.”  King Libra said, “You must have the emotional and physical endurance to be successful because not everyone can do this.  You will learn more about yourself than you might ever care to know.”  “I understand,” replied Freddy, “I take care of myself physically by working out and eating right.  I meditate and understand my emotions.  I don’t let them get the best of me.  I am a model citizen in our kingdom, giving to others and respecting my family.” “Perfect”, King Libra replied, “so what is it you need from me?”  “Well”, Fast Market Freddy said,” I want to know how long this will take me to learn.”  “Ah, yes,” replied the King, “to answer your question, you must go to see the three Wise Wizards, TOLI, TOLI-O and TOLI-O-O, in that order.”

<div style=”float: right;”><img src=”http://www.rdstrader.com/tol1.jpg”></div>So off Fast Market Freddy went to first seek the advice of TOLI.  He approached TOLI’s beautiful castle and knocked on the door. “What is it you wish to know?” bellowed the voice behind the door. “It is I, Fast Market Freddy, and King Libra sent me to seek the advise of the Wise Wizard TOLI.  I want to start trading Foreign Currency and I want to know how long it will take me.” The Wise Wizard, TOLI, opened the door, touched Freddy on the chin with his pointer finger and answered, “Six months.”  “Six months?” anxiously replied Freddy, “I don’t have six months to wait.  I have bills to pay, children to feed and a wife who overspends.” “I see. Since you do not appreciate my wise answer, I advise you to go see the Wise Wizard, TOLI-O.”

<div style=”float: right;”><img src=”http://www.rdstrader.com/tol10.jpg”></div>And, off Fast Market Freddy went to seek the advice of Wise Wizard, TOLI-O. He quickly approached TOLI-O’s beautiful castle and knocked heavily on the door. “What is it you wish to know?” bellowed the voice behind the door. “It is I, Fast Market Freddy, and the Wise Wizard TOLI sent me here.  I want to start trading Foreign Currency and I really want to know how long it will take me.” The Wise Wizard, TOLI-O, slowly opened the door, touched Freddy on his forehead with his pointer finger and answered, “One year.”  “One year?” Freddy started to yell, “What’s the matter with you?  One year is ridiculous!  I don’t have the time for this and you are crazy!”   “I see. Since you do not appreciate my wise answer, I advise you to go see the Wise Wizard, TOLI-O-O.”

<div style=”float: right;”><img src=”http://www.rdstrader.com/tol100.jpg”></div>Stomping his feet, Fast Market Freddy marched over to the even more beautiful castle of the Wise Wizard, TOLI-O-O.  He knocked heavily on the door. “What is it you wish to know?” softly questioned the voice behind the door. “It is I, Fast Market Freddy, and the Wise Wizard TOLI-O sent me here.  I want to start trading Foreign Currency and I demand to know how long it will take me.  Now give me the answer I want to hear!” The all-knowing wizard opened the door, touched Freddy gently on the forehead with her closed fist and quietly replied, “A lifetime.”  “Oh, you are out of your mind, TOLI-O-O!  That’s so unreasonable and no one would ever do this!  I am out of here!”  Fast Market Freddy almost put his fist through the Wise Wizard TOLI-O-O’s beautiful Golden Doors and stormed off in a huge huff.

There is a hidden message in this trader’s fable and the hint is knowing the hand signals on the trading floor. If you can figure it out, send an e-mail to info@rdstrader.com

If you are the first “new client” to respond, you will receive a free 45 minute consultation with 20 year professional trader and mentor, Michael Radkay.

Trade Strong!! Trade Smart!!and Always Have Enough to Trade Tomorrow!!

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September 30th, 2011 @ 6:48 pm by Michael Radkay

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<a href=”http://rdstrader.com”> <img src=”http://rdstrader.com/header.jpg”></a>
BY <a href=”http://www.rdstrader.com”>MICHAEL RADKAY</a>

Is it me or is this sign an oxymoron? A job is right, but isn’t a job the direct result of capitalism? Both company and employee seek a profit and the money earned is used to buy the things that all parties want and need. I do understand the motivation behind the sign as it seems our capitalist society is in need of an overhaul these days. I still believe capitalism works but it takes two to tango and both sides need to open the doors again. Banks need to start lending that “gift money” (sorry – quantitative easing aid) and businesses and employees need to follow through on their commitments.
<div style=”float: right;”><img src=”http://www.rdstrader.com/capitalism.jpg”></div>
I don’t blame the protesters for their anger at the system because obviously they are looking for a job and it seems that things these days are weighted too heavily in favor of the banks. The act of gathering peacefully while bringing a solid clear and precise message however is also a great bi-product of our way of life. The money earned in a capitalist structure has afforded us to build a country that can protect and base itself on freedom.

At least it seems in this case that citizens can demonstrate peacefully for the most part and I hope Washington is hearing the shouts and footsteps as they need to show leadership for the betterment of all involved, not just a select few. Using your freedom to protest and freedom of speech is our right and I am a firm believer that if you have something to say, “say it”, if you have something to shout; “shout it” and if you have something to do; “do it”. My  problem with this photo is that at this moment the writers of this sign are nowhere to be found in this picture? This sign needs a live face all of the time; not just part-time, otherwise it has the same effect as a text message or a resume placed on a stack of others without introducing yourself to the person collecting them and offering the job.

I have given some thought to a solution for the sign maker.  First of all you have skills. You don’t need to occupy wall street; you need to occupy your mind and use the energy you applied to this sign and this protest and focus it on how to best utilize your abilities to land the job you seek. As an educator and motivator I try and help students fulfill their goals and my message to my students is not much different to you. I just become the facilitator to help you see your skills and place you in an area that suits you best. You have the ability to create a buzz and companies love that! With your protest you received free media coverage from all of the major networks and social media outlets; brilliant!! You also have the ability to make signs and slogans to deliver a message. But this picture just looks to me like somebody who got tired of standing in the rain and placed the sign on the ground in hopes that somebody would still get the message and solve your problem. You are never going to get a job that way.

You just are in need of a few follow through skills. Since you have a knack to create a buzz and can make signs and write slogans, I have provided you with a list of sign making companies in the lower Manhattan area (since you are there) that just may want to hire you. Just make sure you are present this time, when the photo shoot comes calling your name. Also; never, never forget to leave a contact number or email on your sign so the company can get in touch, when they hire you.  I’m still bullish the U.S.!!

Here are a list of sign making companies:

A A Awning & Sign
Tel: 212 226 9828171 Bowery
New York NY 10002

Artshne Sign and Supply
Tel: 212 965 818496 Allen Street
New York NY 10002

Chung Wah Sign & Store Inc
Tel: 212 995 795666 Delancey Street
New York NY 10002

Concept Sign Incorporated
Tel: 212 966 108137 Allen Street
New York NY 10002

FedEx Office Print & Ship Center
Tel: 212 228 951121 Astor Place
New York NY 10003

FedEx Office Ship Center
Tel: 212 614 8915125 5th Avenue
New York NY 10003

FedEx World Service Center
Tel: 800 463 333920 E 20th St Grd Fl
New York NY 10003

Fortune Line Trading
Tel: 212 334 826525 Essex Street
New York NY 10002

Gilbey Graphics & Di
Tel: 212 608 4131900 Broadway
New York NY 10003

Hong Qi Sign Corp
Tel: 212 966 318895 Allen Street 1
New York NY 10002

Always Neon Inc
Tel: 212 388 987666 Delancey Street
New York NY 10002

Bowery Sign Production & Supply Inc
Tel: 212 995 1395187 Bowery
New York NY 10002

Concept Sign Inc
Tel: 212 966 108184 Hester Street
New York NY 10002

Creative Signs and Awnings
Tel: 212 625 172655 Delancey Street 1
New York NY 10002

FedEx Office Print & Ship Center
Tel: 212 253 9020250 E Houston Street
New York NY 10002

FedEx Office Ship Center
Tel: 212 353 38604 Union Square E
New York NY 10003

First Signs Co
Tel: 212 966 069071 Eldridge Street
New York NY 10002

Fu Sunsign Construction Co
Tel: 212 941 952074 Canal Street
New York NY 10002

Hester Signs Inc
Tel: 212 625 928923 Orchard Street
New York NY 10002

Hong Qi Sign Corporation
Tel: 212 966 3188101 Allen Street
New York NY 10002

<center><img src=”http://www.rdstrader.com/promote.jpg” width=”450″></center>
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<div style=”float: right;”><img src=”http://www.rdstrader.com/rdslogo.gif”></div>
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