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Recent Recommended Trades
Tue, Jul 22 2008, 06:35 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 USDUpdate Time: 18 Jul 2008 10:33GMT
INTRA-DAY USD/JPY OUTLOOK - +106.65+
Despite intra-day marginal fall to 105.97, cur-
rent rebound suggests consolidation wud be seen
with upside bias, however, break of 106.75/80 is
needed to signal upmove has resumed but y'day's
high at 107.11 shud hold fm here.
Buy again with stop as indicated, break wud pro
long choppy trading n risk 105.90...
Rate: +106.65+
Strategy: +Target met+
Position: +Long at 106.33+
Objective: 106.65
Stop-Loss:
Resistance: 106.78/107.11/107.50
Support: 106.27/105.90/105.29
***************************************************
Update Time: 18 Jul 2008 08:48GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +168.75+
Despite euro's retreat after brief bounce to
168.65, as long as 168.29 holds, consolidation with
upside bias remains for a rebound to 168.75/80 but
abv y'day's high at 169.12 is needed to extend up-
move fm 165.33 to 169.30/40.
Trade fm long side, stop as indicated, below
wud risk stronger retrace. to 167.90/00 b4 up...
Rate: +168.75+
Strategy: +Target met+
Position: Long at 168.42
Objective: 168.75
Stop-Loss:
Resistance: 169.12/169.69/170.00
Support: 168.29/168.00/167.79
***************************************************
Update Time: 17 Jul 2008 12:07GMT
SPOT GOLD DAILY OUTLOOK - +960.00+
Gold's retreat after meeting renewed selling at
966.30 suggests decline fm 988.20 to retrace recent
upmove has resumed n wud extend twds 954.20.
Trade fm short side with stop as indicated,
break wud risk gain to 966.30...
Rate: +960.00+
Strategy: +Stop profit+
Position: Short at 965.00
Objective:
Stop-Loss: +960.00+
Resistance: 966.30/969.50/975.00
Support: 958.40/954.20/947.80
***************************************************
Published on Tue, Jul 22 2008, 06:38 GMT
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©2008 "FXstreet.com. The Forex Market" All Rights Reserved.
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.
