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Recent Recommended Trades

Fri, Sep 5 2008, 02:00 GMT
by AceTrader Team

AceTrader


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Update Time:     04 Sep 2008 15:21GMT
SPOT GOLD DAILY OUTLOOK - +794.50+

Gold's retreat fm 815.10 suggests the recovery
fm 789.80 has possibly ended there, below 795.60
wud confirm n yield re-test of said sup later.

Sell at market for this move, stop as indicated,
abv wud defer n risk rebound twds 815.10...

   Rate:     +794.50+
   Strategy:     +Target met+
   Position:     +Short at 804.50+
   Objective:     794.50
   Stop-Loss:     
   Resistance:     808.60/815.10/817.60
   Support:     795.60/789.80/785.00

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Update Time:     04 Sep 2008 14:31GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1120+

Dlr's rebound after finding renewed buying at
1.1048 suggests pullback fm 1.1102 has ended there
n bullishness remains for intra-day rise fm 1.1008
to extend gain to 1.1120 n possibly 1.1140 but res
at 1.1172 (y'day's high) shud remain intact.

Buy with stop as indicated, only below said sup
wud abort n risk weakness to 1.1025/30...

   Rate:     +1.1120+
   Strategy:     +Target met+
   Position:     +Long at 1.1079+
   Objective:     1.1120
   Stop-Loss:     
   Resistance:     1.1131/1.1172/1.1200
   Support:     1.1048/1.1008/1.0950

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Update Time:     04 Sep 2008 14:21GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4420+

Current price action suggests as long as 1.4475
holds, consolidation with downside bias wud be seen
n break of 1.4435 sup wud extend weakness to 1.4410
but reckon y'day's 1.4385 low wud hold fm here.

Turn short with stop as indicated, break wud
prolong choppy trading n risk gain to 1.4495/00,
then twds 1.4525/30...

   Rate:     +1.4420+
   Strategy:     +Target met+
   Position:     +Short at 1.4459+
   Objective:     1.4420
   Stop-Loss:     
   Resistance:     1.4470/1.4520/1.4548
   Support:     1.4410/1.4385/1.4350

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