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Recent Recommended Trades
Wed, Jul 9 2008, 02:02 GMT
by AceTrader Team
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: 08 Jul 2008 16:44GMT
DAILY USD/CHF OUTLOOK - +1.0340+
Despite intra-day cross-inspired fall to 1.0219
, subsequent rebound suggests pullback fm 1.0344
(y'day's high) has possibly ended there n consolida
tion with upside bias is seen but break of said res
needed to extend upmove twd 1.0375/80.
Trade fm long side with stop now as indicated,
break wud risk another decline to 1.0219 1st...
Rate: +1.0340+
Strategy: +Target met+
Position: Long at 1.0278
Objective: 1.0340
Stop-Loss:
Resistance: 1.0344/1.0391/1.0450
Support: 1.0219/1.0166/1.0116
***************************************************
Update Time: 08 Jul 2008 23:04GMT
DAILY EUR/CHF CROSS OUTLOOK - +1.6190+
Euro's strg rebound after finding reneweed buy-
ing at 1.6080 signals pullback fm y'day's high at
1.6166 has possibly ended there n a breach of said
res wud extend erratic upmove fm 1.6016 to 1.6197/
00 later.
Hold long with stop as indicated n only below 1.
6063 signals corrective rise fm 1.6016 is over...
Rate: +1.6190+
Strategy: +Target met+
Position: Long at 1.6120
Objective: 1.6190
Stop-Loss:
Resistance: 1.6202/1.6250/1.6301
Support: 1.6128/1.6080/1.6016
***************************************************
Update Time: 08 Jul 2008 12:55GMT
DAILY GBP/USD OUTLOOK - 1.9727
Although present anticipated selloff fm 1.9797
suggests recovery fm y'day's low at 1.9649 has pos-
sibly ended there n consolidation with downside
bias wud be seen, breach of 1.9695/08 needed to con
firm decline fm 2.0008 has resumed to 1.9649 again.
Wud be prudent to exit short n stand aside. Abv
1.9797 wud bring stronger retrace. to 1.9849...
Rate: 1.9727
Strategy: Exit short
Position: Short at 1.9790
Objective:
Stop-Loss:
Resistance: 1.9797/1.9849/1.9890
Support: 1.9695/1.9649/1.9585
***************************************************
Published on Wed, Jul 9 2008, 02:24 GMT
Archive
- Recent Recommended Trades
Published On Fri, Jul 3 2009, 04:31 GMT - Recent Recommended Trades
Published On Thu, Jul 2 2009, 07:52 GMT - Recent Recommended Trades
Published On Thu, Jul 2 2009, 05:42 GMT - Recent Recommended Trades
Published On Tue, Jun 30 2009, 06:02 GMT - Recent Recommended Trades
Published On Mon, Jun 29 2009, 00:22 GMT
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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 trade 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.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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