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Recent Recommended Trades

Tue, Jan 6 2009, 03:12 GMT
by AceTrader Team

AceTrader

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Update Time:     05 Jan 2009 16:00GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4565+

Cable's rebound after finding sup at 1.4475 sug
gests consolidation with mild upside bias is seen
for gain twds 1.4578, however, break there is need-
ed to bring retrace. of decline fm 1.4831 to 1.4600
but 1.4635/40 wud hold.

Buy dips with stop as indicated, break risk pro
long choppy trading n risk 1.4472/75 1st...

   Rate:     +1.4565+
   Strategy:     +Target met+
   Position:     +Long at 1.4515+
   Objective:     1.4565
   Stop-Loss:     
   Resistance:     1.4578/1.4612/1.4679
   Support:     1.4472/1.4428/1.4375
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Update Time:     05 Jan 2009 16:11GMT
INTRA-DAY EUR/GBP CROSS OUTLOOK - +0.9335+

Although euro has recovered after intra-day sell
off to 0.9336, as long as 0.9400 holds, bearishness
remains for decline to resume n below said sup wud
extend weakness to 0.9310/15, however, reckon 0.92
90/95 wud limit downside.

Sell again with stop as indicated, break risks
retrace. to 0.9430/35 b4 down...

   Rate:     +0.9335+
   Strategy:     +Target met+
   Position:     +Short at 0.9380+
   Objective:     0.9335
   Stop-Loss:     
   Resistance:     0.9441/0.9478/0.9545
   Support:     0.9336/0.9300/0.9280
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Update Time:     05 Jan 2009 12:29GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1090+

Current breach of 1.1040 confirms recent upmove
has once again resumed n further gain to 1.1090 wud
be seen, however, o/bot condition shud limit upside
n reckon res at 1.1132 wud hold fm here, yield strg
retreat later.

Buy again with stop as indicated, break wud
risk correction to 1.0975/80...

   Rate:     +1.1090+
   Strategy:     +Target met+
   Position:     +Long at 1.1042+
   Objective:     1.1090
   Stop-Loss:     
   Resistance:     1.1090/1.1132/1.1185
   Support:     1.0915/1.0846/1.0812
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Published on  Tue, Jan 6 2009, 03:16 GMT