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Update Time: 09 Nov 2006 14:49GMT
WEEKLY OUTLOOK SPOT SILVER - +12.80+
Despite silver's retreat fm 12.66, as long as
12.23 (prev. res) holds, upmove fm 10.47 wud resume
n extend gain to 12.80 but 13.00 shud cap upside.
Buy again on dips, stop below 12.23, break wud
signal temp. top is made n risk retrace. to 12.08..
Rate: +12.80+
Strategy: +Target met+
Position: +Long at 12.45+
Objective: 12.80
Stop-Loss:
Resistance: 12.86/13.24/13.60
Support: 12.42/12.33/12.23
Update Time: 09 Nov 2006 10:44GMT
GBP/JPY DAILY CROSS OUTLOOK - +224.90+
Stg's intra-day firmness after y'day's rebound fm
224.02 signals correction fm 224.71 has ended n up-
move shud resume for gain twds 225.00 later.
Hold long, stop below there n only break of 223.
80 (prev. res) wud risk retracement to 223.50/60...
Rate: +224.90+
Strategy: +Target met+
Position: Long at 224.05
Objective: 224.90
Stop-Loss:
Resistance: 225.20/225.50/226.00
Support: 224.41/224.02/223.80
Update Time: 09 Nov 2006 09:42GMT
DAILY EUR/JPY CROSS OUTLOOK - 150.65
Although euro's present firmness suggests re-
cent upmove wud extend marginal gain n re-test of
last month's 150.80 high is likely, near term loss
of momentum wud limit upside to 1.6000/10 n risk fm
ther has increased for a pullback later.
Exit long n stand aside. Below 150.17 wud sig-
nal temp. top is made n risk 149.86...
Rate: 150.65
Strategy: Exit long
Position: Long at 150.20
Objective:
Stop-Loss:
Resistance: 150.80/151.10/151.94
Support: 150.17/149.86/149.44
www.AceTraderFX.com
Update Time: 09 Nov 2006 14:49GMT
WEEKLY OUTLOOK SPOT SILVER - +12.80+
Despite silver's retreat fm 12.66, as long as
12.23 (prev. res) holds, upmove fm 10.47 wud resume
n extend gain to 12.80 but 13.00 shud cap upside.
Buy again on dips, stop below 12.23, break wud
signal temp. top is made n risk retrace. to 12.08..
Rate: +12.80+
Strategy: +Target met+
Position: +Long at 12.45+
Objective: 12.80
Stop-Loss:
Resistance: 12.86/13.24/13.60
Support: 12.42/12.33/12.23
More winning Trades ........
-----------------------------------Update Time: 09 Nov 2006 10:44GMT
GBP/JPY DAILY CROSS OUTLOOK - +224.90+
Stg's intra-day firmness after y'day's rebound fm
224.02 signals correction fm 224.71 has ended n up-
move shud resume for gain twds 225.00 later.
Hold long, stop below there n only break of 223.
80 (prev. res) wud risk retracement to 223.50/60...
Rate: +224.90+
Strategy: +Target met+
Position: Long at 224.05
Objective: 224.90
Stop-Loss:
Resistance: 225.20/225.50/226.00
Support: 224.41/224.02/223.80
More winning Trades ........
-----------------------------------Update Time: 09 Nov 2006 09:42GMT
DAILY EUR/JPY CROSS OUTLOOK - 150.65
Although euro's present firmness suggests re-
cent upmove wud extend marginal gain n re-test of
last month's 150.80 high is likely, near term loss
of momentum wud limit upside to 1.6000/10 n risk fm
ther has increased for a pullback later.
Exit long n stand aside. Below 150.17 wud sig-
nal temp. top is made n risk 149.86...
Rate: 150.65
Strategy: Exit long
Position: Long at 150.20
Objective:
Stop-Loss:
Resistance: 150.80/151.10/151.94
Support: 150.17/149.86/149.44
