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Recent Recommended Trades
Fri, Oct 10 2008, 07:32 GMT
by AceTrader Team
AceTrader
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Update Time: 10 Oct 2008 06:52GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6895
Although cable has retreated after intra-day
rebound to 1.6958 n consolidation with mild down-
side bias wud be seen, break of 1.6880/90 is needed
to signal recovery fm 1.6781 has ended there, bring
further fall twds 1.6820/30.
Exit short n stand aside for now. Only abv said
res wud risk stronger correction to 1.7000...
Rate: 1.6895
Strategy: Exit short
Position: Short at 1.6955
Objective:
Stop-Loss:
Resistance: 1.6925/1.7001/1.7074
Support: 1.6781/1.6758/1.6700
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Update Time: 10 Oct 2008 06:51GMT
SPOT GOLD DAILY OUTLOOK - +922.00+
Gold's rebound fm 880.65 signals the pullback fm
921.30 has ended but abv said res needed to signal
recent upmove has resumed, yield re-test of 925.50.
Buy on dips n only below 900 wud prolong choppy
trading n may risk strg pullback twds 890/892...
Rate: +922.00+
Strategy: +Target met+
Position: +Long at 912.00+
Objective: 922.00
Stop-Loss:
Resistance: 921.30/925.50/933.30
Support: 893.00/880.65/878.50
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Update Time: 10 Oct 2008 05:54GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1290+
Despite dlr's cross-inspired weakness to 1.1226,
subsequent rebound after holding abv 1.1210 sug-
gests further choppy consolidation wud be seen n a
bounce to 1.1314 is still likely but break of 1.13
44 needed to signal fall fm 1.1488 has made a low.
Buy at market with stop as indicated n only be-
low 1.1210 wud extend weakness to 1.1183...
Rate: +1.1290+
Strategy: +Target met+
Position: +Long at 1.1245+
Objective: +1.1290+
Stop-Loss:
Resistance: 1.1314/1.1344/1.1407
Support: 1.1226/1.1210/1.1183
***************************************************
Published on
Fri, Oct 10 2008, 08:24 GMT
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