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Recent Recommended Trades
Mon, Mar 31 2008, 01:28 GMT
by AceTrader Team
AceTrader
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Update Time: 28 Mar 2008 08:20GMT
INTRA-DAY EUR/USD OUTLOOK - +1.5745+
Euro has edged lower in tandem with intra-day
selloff in cable, suggesting nr term downside bias
remains for marginal weakness, however, as broad
outlook is consolidative, reckon y'day's 1.5726 low
wud hold fm here n yield subsequent rebound.
Turn short on minor recovery for 1.5745 n only
abv 1.5818/23 wud risk re-test of 1.5859...
Rate: +1.5745+
Strategy: +Target met+
Position: +Short at 1.5780+
Objective: 1.5745
Stop-Loss:
Resistance: 1.5800/1.5823/1.5859
Support: 1.5746/1.5726/1.5703
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Update Time: 28 Mar 2008 06:53GMT
INTRA-DAY EUR/GBP CROSS OUTLOOK - +0.7885+
Y'day's strg rebound fm 0.7810 indicates pull-
back fm 0.7901 has ended there n further gain to
0.7885/90 is seen but abv said res is needed to con
firm MT uptrend has 'finally' resumed n bring a re-
test of this month's top at 0.7914.
Trade fm long side with stop as suggested, below
prolong choppy trading n risk pullback to 0.7830/35
Rate: +0.7885+
Strategy: +Target met+
Position: Long at 0.7865
Objective: 0.7885
Stop-Loss:
Resistance: 0.7880/0.7901/0.7914
Support: 0.7856/0.7830/0.7819
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Update Time: 27 Mar 2008 16:29GMT
DAILY GBP/USD OUTLOOK - 2.0060
Present anticipated selloff confirms upmove fm
1.9735 has made a top at 2.0193 today n consolida-
tion with downside bias wud be seen for a strg re-
trace. of aforesaid upmove to 2.0035, below wud ex-
tend weakness to 1.9965/70
Wud be prudent to exit short n sell again on
recovery with stop as indicated...
Rate: 2.0060
Strategy: Exit short n sell at 2.0120
Position: Short at 2.0153
Objective: 2.0035
Stop-Loss: 2.0170
Resistance: 2.0133/2.0193/2.0211
Support: 2.0035/1.9997/1.9927
More winning Trades ....
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Published on
Mon, Mar 31 2008, 01:33 GMT
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