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Update Time: 14 Nov 2007 10:59GMT
INTRA-DAY GBP/USD OUTLOOK - +2.0725+
Cable's present sharp retreat fm 2.0845 after
release of BoE's inflation report suggests an intra
-day top is possibly made n consolidation with down
side bias is seen for retrace. of y'day's rally fm
2.0522, yield weakness twd 2.0740/45 later.
Turn short on recovery for this move n take pro-
fit on subsequent fall...
Rate: +2.0725+
Strategy: +Target met+
Position: +Short at 2.0775+
Objective: +2.0725+
Stop-Loss:
Resistance: 2.0845/2.0867/2.0925
Support: 2.0746/2.0706/2.0675
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Update Time: 13 Nov 2007 15:57GMT
SPOT SILVER DAILY OUTLOOK - +14.65+
Silver's rebound fm 14.34 suggests consolidation
with mild upside bias is seen, however, 15.04 shud
hold n yield retreat to indicated obj. later.
Venture short on further rise, stop abv 15.04 as
break wud abort n risk stronger correction to 15.18
Rate: +14.65+
Strategy: +Target met+
Position: +Short at 14.90+
Objective: 14.65
Stop-Loss:
Resistance: 14.90 / 15.04 / 15.18
Support: 14.56 / 14.34 / 14.15
More winning Trades ....
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Update Time: 13 Nov 2007 11:48GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8940+
As aussie has rebounded after finding renewed
buying earlier abv 0.8885, retaining nr term bull-
ishness for intra-day corrective rise fm 0.8757 to
retrace recent decline to re-test 0.8938, abv wud
extend marginally to 0.8940/50.
Hold long with stop now as indicated n only be-
low 0.8885 wud risk stronger pullback to 0.8850...
Rate: +0.8940+
Strategy: +Target met+
Position: Long at 0.8905
Objective: 0.8940
Stop-Loss:
Resistance: 0.8938/0.8956/0.8977
Support: 0.8863/0.8811/0.8757
More winning Trades ....
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Update Time: 13 Nov 2007 09:49GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +160.25+
Despite staging a strg rebound fm Asian low at
158.70 to 161.35, subsequent retreat suggests an
intra-day top is in place n 'choppy' consolidation
with downside bias is seen for further weakness to
160.25 but reckon 159.90/00 wud hold.
Sell on minor recovery for this move with stop
as indicated n take profit on decline...
Rate: +160.25+
Strategy: +Target met+
Position: +Short at 160.60+
Objective: 160.25
Stop-Loss:
Resistance: 161.00/161.35/162.12
Support: 160.35/159.95/159.30
More winning Trades ....
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Published on Wed, Nov 14 2007, 15:37 GMT
Trendsetter Financial Markets Ltd.
| Room 1309 - 1311, 13/F., Tai Yau Building, No. 181 Johnston Road, Wan Chai, Hong Kong.
http://www.AceTraderFX.com | cs@acetrader.com
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