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Recent Recommended Trades
Mon, Sep 8 2008, 03:34 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: 08 Sep 2008 01:50GMT
INTRA-DAY AUD/USD OUTLOOK - 0.8295
Despite intra-day rebound after finding renewed
buying at 0.8255, abv 0.8343 (NZ) is needed to con-
firm upmove fm Friday's low at 0.8028 to retrace
recent decline has resumed n extend to 0.8370/80,
otherwise, further choppy trading is seen.
Exit intra-day long n look to buy again on pull-
back as 0.8225 (prev. res) shud hold...
Rate: 0.8295
Strategy: Exit long
Position: Long at 0.8265
Objective:
Stop-Loss:
Resistance: 0.8343/0.8404/0.8468
Support: 0.8255/0.8225/0.8165
***************************************************
Update Time: 05 Sep 2008 16:03GMT
DAILY EUR/JPY CROSS OUTLOOK - 152.75
Despite euro's anticipated firmness, breach of
153.35 res is needed to signal rise fm 150.60 to
retrace recent decline has resumed n extend subse-
quent gain twds 154.00 b4 prospect of a retreat due
to nr term o/bot condition.
Wud be prudent to exit long n stand aside. Below
152.20/30 prolongs consolidation, 151.48...
Rate: 152.75
Strategy: Exit long
Position: Long at 152.00
Objective:
Stop-Loss:
Resistance: 153.35/154.95/156.26
Support: 151.48/150.60/150.00
***************************************************
Update Time: 07 Sep 2008 22:04GMT
DAILY AUD/USD OUTLOOK - +0.8165+
Aussie's rebound after a brief fall to 0.8028
suggests a temp. low has been formed, reckon 0.8050
/60 wud limit downside, bring stronger retracement
of recent decline twds 0.8200, however, 0.8225 res
shud hold fm here n bring choppy trading.
Buy on dips with stop as indicated n only below
0.8028 aborts, risks weakness twds 0.7990/00...
Rate: +0.8165+
Strategy: +Target met+
Position: +Long at 0.8085+
Objective: 0.8165
Stop-Loss:
Resistance: 0.8265/0.8303/0.8332
Support: 0.8063/0.8028/0.8000
***************************************************
Published on Mon, Sep 8 2008, 03:37 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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