Recent Recommended Trades

Wed, Jul 2 2008, 09:06 GMT
by AceTrader Team

AceTrader


AceTrader 1-wk TRIAL

www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 USD
***************************************************
Update Time:     02 Jul 2008 01:30GMT
INTRA-DAY AUD/USD OUTLOOK - +0.9570+

Y'day's rebound fm 0.9512 suggests decline fm
0.9668 has possibly formed a low there n consolida-
tion with upside bias wud be seen for gain twd 0.95
78, however, reckon 0.9594/96 res shud hold in Asia
n yield retreat later.

Trade A$ fm long side with stop as indicated n
only below 0.9512 wud extend weakness to 0.9493...

   Rate:     +0.9570+
   Strategy:     +Target met+
   Position:     Long at 0.9530
   Objective:     0.9570
   Stop-Loss:    
   Resistance:     0.9578/0.9594/0.9633
   Support:     0.9512/0.9493/0.9447

***************************************************
Update Time:     01 Jul 2008 14:01GMT
INTRA-DAY USD/JPY OUTLOOK - +105.85+

As dlr has fallen after meeting renewed selling
at 105.60/65, suggesting caution on our long n 105.
20 must hold for prospect of another rebound, abv
said res wud signal intra-day low is possibly made
n bring subsequent gain twds 106.00.

Trade fm long side with stop as indicated, be-
low wud risk re-test of 104.99...

   Rate:     +105.85+
   Strategy:     +Target met+
   Position:     Long at 105.45
   Objective:     105.85
   Stop-Loss:    
   Resistance:     106.10/106.47/106.61
   Support:     105.32/104.99/104.50

***************************************************
Update Time:     01 Jul 2008 14:02GMT
INTRA-DAY EUR/USD OUTLOOK - +1.5750+

As euro has retreated after meeting renewed sell
ing around 1.5803, suggesting intra-day top has pos
sibly been formed at 1.5818 n consolidation with
downside bias is seen for weakness to 1.5750 but
break of 1.5720/23 sup is needed to confirm.

Sell again with stop as indicated, only abv 1.58
18 wud risk re-test of 1.5836...

   Rate:     +1.5750+
   Strategy:     +Target met+
   Position:     Short at 1.5789
   Objective:     1.5750
   Stop-Loss:    
   Resistance:     1.5818/1.5844/1.5880
   Support:     1.5720/1.5687/1.5652


***************************************************

Published on  Wed, Jul 2 2008, 09:51 GMT

Archive

Trendsetter Financial Markets Ltd.  | Room 1201, 12/F., Harcourt House, 39 Gloucester Road, Wanchai
http://www.AceTraderFX.com | cs@acetrader.com

Legal disclaimer and risk disclosure

Trendsetter does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.

Interested in forex trading? forex brokerage firms!


GFT
Contact the broker/FDM
Open a demo account
Interbank FX, LLC
Contact the broker/FDM
Open a demo account
Interactive Brokers LLC
Contact the broker/FDM
Open a demo account		GFS Forex & Futures
Contact the broker/FDM
Open a demo account		C.I.M Banque
Contact the broker/FDM
Open a demo account

FXstreet.com will give you a 3 months membership as soon as minimum rebates have been generated (€150 for private trader/ €300 for corporate trader)

[Read Premium full description]


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

©2008 "FXstreet.com. The Forex Market" All Rights Reserved.