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Recent Recommended Trades
Wed, Sep 3 2008, 08:30 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: 02 Sep 2008 12:56GMT
SPOT GOLD DAILY OUTLOOK - +794.00+
Despite gold's brief but strg rebound fm 801.10
to 809.80, subsequent retreat suggests recovery has
ended n recent fall shud resume to 793/794.
Sell at market with stop as indicated n only
abv 809.80 wud risk stronger retrace. to 812/813...
Rate: +794.00+
Strategy: +Target met+
Position: +Short at 804.00+
Objective: 794.00
Stop-Loss:
Resistance: 809.80/817.60/825.70
Support: 790.30/782.80/774.00
***************************************************
Update Time: 02 Sep 2008 07:53GMT
INTRA-DAY GBP/USD OUTLOOK - 1.7862
Despite current anticipated retreat, breach of
1.7850 sup is needed to confirm decline has resumed
n extend weakness to 1.7820/25, however, loss of
downward momentum shud limit downside n reckon 1.78
00 wud hold fm here.
Exit short n stand aside for now. Only abv 1.79
05/10 wud bring another rebound to 1.7940/43...
Rate: 1.7862
Strategy: Exit short
Position: Short at 1.7895
Objective:
Stop-Loss:
Resistance: 1.7943/1.7984/1.8002
Support: 1.7850/1.7801/1.7731
***************************************************
Update Time: 02 Sep 2008 12:39GMT
SPOT SILVER DAILY OUTLOOK - +12.70+
Early breach of 13.44/49 confirms correction fm
12.25 has indeed ended at 14.03 n weakness to 12.85
n then 12.70 is envsiaged.
Sell at market with stop as indicated n only abv
13.41 wud signal a low is made, risk 13.49...
Rate: +12.70+
Strategy: +Target met+
Position: +Short at 13.05+
Objective: 12.70
Stop-Loss:
Resistance: 13.03 / 13.22 / 13.41
Support: 12.70 / 12.48 / 12.25
***************************************************
Published on Wed, Sep 3 2008, 09:23 GMT
Archive
- Recent Recommended Trades
Published On Tue, Dec 2 2008, 08:37 GMT - Recent Recommended Trades
Published On Mon, Dec 1 2008, 03:23 GMT - Recent Recommended Trades
Published On Fri, Nov 28 2008, 06:12 GMT - Recent Recommended Trades
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Published On Wed, Nov 26 2008, 03:12 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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