AceTrader 1-wk TRIAL
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Update Time: 12 Nov 2007 22:51GMT
DAILY EUR/JPY CROSS OUTLOOK - +159.30+
Despite intra-day recovery fm 158.84, today's
selloff below 160.71 (now sup) indicates recent de-
cline fm 167.73 to retrace the upmove fm 149.25
(Aug '07) wud resume after consolidation n below
said sup wud extend weakness to 158.40/50 'later'.
Sell on further rise with stop as indicated,
abv signals temp. low is in place n risks 161.40/50
Rate: +159.30+
Strategy: +Target met+
Position: +Short at 160.30+
Objective: 159.30
Stop-Loss:
Resistance: 160.71/161.00/162.15
Support: 158.83/158.49/158.09
More winning Trades ....
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Update Time: 12 Nov 2007 19:30GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.7065+
As euro has risen after finding renewed buying
at 0.7009, suggesting recent upmove wud extend twds
0.7070/75 but near term loss of momentum shud cap
upside well below chart res at 0.7108 n risk has
increased for a minor correction later.
Trade fm long side with stop now as indicated n
only below 0.7009 signals top is made, 0.6985/90...
Rate: +0.7065+
Strategy: +Target met+
Position: Long at 0.7020
Objective: 0.7065
Stop-Loss:
Resistance: 0.7069/0.7108/0.7126
Support: 0.7021/0.7009/0.6986
More winning Trades ....
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Update Time: 12 Nov 2007 17:26GMT
INTRA-DAY USD/CHF OUTLOOK - 1.1289
Although dlr has traded with a firm undertone
in part due to cross unwinding in yen n the correct
ive rise fm last week's low at 1.1188 may extend
marginally to 1.1300/10, near term loss of momentum
shud cap upside below 1.1330 n yield retreat.
Wud be prudent to exit intra-day long n stand
aside. Below 1.1260 brings pullback to 1.1240 b4 up
Rate: 1.1289
Strategy: Exit long
Position: Long at 1.1264
Objective:
Stop-Loss:
Resistance: 1.1302/1.1353/1.1380
Support: 1.1248/1.1216/1.1188
More winning Trades ....
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Update Time: 12 Nov 2007 22:51GMT
DAILY EUR/JPY CROSS OUTLOOK - +159.30+
Despite intra-day recovery fm 158.84, today's
selloff below 160.71 (now sup) indicates recent de-
cline fm 167.73 to retrace the upmove fm 149.25
(Aug '07) wud resume after consolidation n below
said sup wud extend weakness to 158.40/50 'later'.
Sell on further rise with stop as indicated,
abv signals temp. low is in place n risks 161.40/50
Rate: +159.30+
Strategy: +Target met+
Position: +Short at 160.30+
Objective: 159.30
Stop-Loss:
Resistance: 160.71/161.00/162.15
Support: 158.83/158.49/158.09
More winning Trades ....
----------------------------------------------
Update Time: 12 Nov 2007 19:30GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.7065+
As euro has risen after finding renewed buying
at 0.7009, suggesting recent upmove wud extend twds
0.7070/75 but near term loss of momentum shud cap
upside well below chart res at 0.7108 n risk has
increased for a minor correction later.
Trade fm long side with stop now as indicated n
only below 0.7009 signals top is made, 0.6985/90...
Rate: +0.7065+
Strategy: +Target met+
Position: Long at 0.7020
Objective: 0.7065
Stop-Loss:
Resistance: 0.7069/0.7108/0.7126
Support: 0.7021/0.7009/0.6986
More winning Trades ....
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Update Time: 12 Nov 2007 17:26GMT
INTRA-DAY USD/CHF OUTLOOK - 1.1289
Although dlr has traded with a firm undertone
in part due to cross unwinding in yen n the correct
ive rise fm last week's low at 1.1188 may extend
marginally to 1.1300/10, near term loss of momentum
shud cap upside below 1.1330 n yield retreat.
Wud be prudent to exit intra-day long n stand
aside. Below 1.1260 brings pullback to 1.1240 b4 up
Rate: 1.1289
Strategy: Exit long
Position: Long at 1.1264
Objective:
Stop-Loss:
Resistance: 1.1302/1.1353/1.1380
Support: 1.1248/1.1216/1.1188
More winning Trades ....
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