AceTrader 1-wk TRIAL
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Update Time: 14 Nov 2006 10:46 GMT
DAILY GBP/USD OUTLOOK - +1.8970+
Cable's y'day's selloff indicates the decline
fm 1.9180 to retrace recent upmove is likely to ex-
tend weakness to 1.8960 but near term loss of momen
tum shud prevent steep fall below sup at 1.8949 n
yield rebound later today or tom.
Hold short, stop as indicated n only abv 1.9091
wud risk 1.9120 but 1.9153 res shud cap upside...
Rate: +1.8970+
Strategy: +Target met+
Position: Short at 1.9040
Objective: 1.8970
Stop-Loss:
Resistance: 1.9051/1.9091/1.9153
Support: 1.8949/1.8872/1.8859
Update Time: 14 Nov 2006 09:38 GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.6760+
Euro's erratic rise fm last month's low to re-
trace recent decline has resumed n abv 0.6747 wud
encourage for further gain twds 0.6769, however,
loss of momentum wud prevent strg move beyond there
n risk has increased for a pullback 'later'.
Hold long n exit on upmove. Only below 0.6714/
15 wud indicate top has been formed n risk 0.6694..
Rate: +0.6760+
Strategy: +Target met+
Position: Long at 0.6725
Objective: 0.6760
Stop-Loss:
Resistance: 0.6769/0.6792/0.6819
Support: 0.6730/0.6715/0.6694
Update Time: 14 Nov 2006 09:34 GMT
INTRA-DAY GBP/USD OUTLOOK - +1.9000+
Despite intra-day retreat to 1.9009, current
euro-led rebound suggests caution on our short n
1.9051 res must hold for prospect of a resumption
of decline fm 1.9180, below y'day's 1.8998 low wud
extend weakness twds 1.8976 later.
Trade fm short side, stop abv there, break wud
defer n risk 1.9075/80 b4 down...
Rate: +1.9000+
Strategy: +Target met+
Position: Short at 1.9035
Objective: 1.9000
Stop-Loss:
Resistance: 1.9051/1.9091/1.9127
Support: 1.8998/1.8976/1.8949
www.AceTraderFX.com
Update Time: 14 Nov 2006 10:46 GMT
DAILY GBP/USD OUTLOOK - +1.8970+
Cable's y'day's selloff indicates the decline
fm 1.9180 to retrace recent upmove is likely to ex-
tend weakness to 1.8960 but near term loss of momen
tum shud prevent steep fall below sup at 1.8949 n
yield rebound later today or tom.
Hold short, stop as indicated n only abv 1.9091
wud risk 1.9120 but 1.9153 res shud cap upside...
Rate: +1.8970+
Strategy: +Target met+
Position: Short at 1.9040
Objective: 1.8970
Stop-Loss:
Resistance: 1.9051/1.9091/1.9153
Support: 1.8949/1.8872/1.8859
More winning Trades ........
----------------------------------------------------Update Time: 14 Nov 2006 09:38 GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.6760+
Euro's erratic rise fm last month's low to re-
trace recent decline has resumed n abv 0.6747 wud
encourage for further gain twds 0.6769, however,
loss of momentum wud prevent strg move beyond there
n risk has increased for a pullback 'later'.
Hold long n exit on upmove. Only below 0.6714/
15 wud indicate top has been formed n risk 0.6694..
Rate: +0.6760+
Strategy: +Target met+
Position: Long at 0.6725
Objective: 0.6760
Stop-Loss:
Resistance: 0.6769/0.6792/0.6819
Support: 0.6730/0.6715/0.6694
More winning Trades ........
----------------------------------------------------Update Time: 14 Nov 2006 09:34 GMT
INTRA-DAY GBP/USD OUTLOOK - +1.9000+
Despite intra-day retreat to 1.9009, current
euro-led rebound suggests caution on our short n
1.9051 res must hold for prospect of a resumption
of decline fm 1.9180, below y'day's 1.8998 low wud
extend weakness twds 1.8976 later.
Trade fm short side, stop abv there, break wud
defer n risk 1.9075/80 b4 down...
Rate: +1.9000+
Strategy: +Target met+
Position: Short at 1.9035
Objective: 1.9000
Stop-Loss:
Resistance: 1.9051/1.9091/1.9127
Support: 1.8998/1.8976/1.8949
