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Recent Recommended Trades

Wed, Dec 31 2008, 08:47 GMT
by AceTrader Team

AceTrader

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Update Time:     31 Dec 2008 08:27GMT
INTRA-DAY EUR/CHF CROSS OUTLOOK - +1.4870+

Euro's rebound fm 1.4886 suggests caution on
our intra-day short n 1.4936 (Aust.) must hold for
prospect of another fall, below 1.4877/86 wud sig-
nal the corrective decline fm 1.4995 has resumed n
extend weakness to 1.4840/50.

Trade fm short side with stop abv there, break
risks 1.4960/70 but 1.4995 res shud cap upside...

   Rate:     +1.4870+
   Strategy:     +Target met+
   Position:     Short at 1.4915
   Objective:     1.4870
   Stop-Loss:     
   Resistance:     1.4936/1.4995/1.5043
   Support:     1.4859/1.4795/1.4758
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Update Time:     31 Dec 2008 08:18GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0550+

Despite intra-day rebound to 1.0606, subsequent
retreat suggests further consolidation below 1.0638
(y'day's high) is in store n downside bias remains
for weakness to 1.0550 but break of 1.0518 sup is
needed to retain bearishness, 1.0487 later.

Trade fm short side, stop as indicated, abv wud
defer n risk possible re-test of 1.0638...

   Rate:     +1.0550+
   Strategy:     +Target met+
   Position:     Short at 1.0600
   Objective:     1.0550
   Stop-Loss:     
   Resistance:     1.0606/1.0638/1.0670
   Support:     1.0518/1.0487/1.0423
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Update Time:     30 Dec 2008 18:03GMT
SPOT SILVER DAILY OUTLOOK - +11.00+

Despite silver's retreat fm 11.23, pullback shud
be ltd n yield resumption of upmove fm 10.20 for a
re-test of said res, abv wud extend to 11.44.

Buy on dips with stop as indicated, break wud
prolong choppy trading n risk 10.37/40...

   Rate:     +11.00+
   Strategy:     +Stop profit+
   Position:     +Long at 10.70+
   Objective:     
   Stop-Loss:     +11.00+
   Resistance:     11.23/11.44/11.59
   Support:     10.69/10.58/10.20
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Published on  Wed, Dec 31 2008, 08:54 GMT