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Recent Recommended Trades

Mon, Jan 19 2009, 08:26 GMT
by AceTrader Team

AceTrader  |  View company's profile

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Update Time:     19 Jan 2009 02:32GMT
INTRA-DAY GBP/USD OUTLOOK - 1.4842

Despite current anticipated rebound fm 1.4795,
cable needs to penetrate 1.4865/70 to signal the
pullback fm 1.4892 has ended there n bring re-test
of this lvl, break wud extend rise fm Friday's low
at 1.4656 twds 1.4930/40.

Exit long n look to buy again on dips as down-
side shud be ltd to 1.4795...

   Rate:     1.4842
   Strategy:     Exit long
   Position:     Long at 1.4800
   Objective:     
   Stop-Loss:     
   Resistance:     1.4892/1.4945/1.4982
   Support:     1.4795/1.4760/1.4720
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Update Time:     16 Jan 2009 16:38GMT
EUROPEAN CLOSING AUD/USD OUTLOOK - +0.6680+

Aussie's strg retreat after early rally to
0.6797 suggests upmove fm y'day's low at 0.6537
has formed a temp. top there n retrace. to 0.6680
n possibly to 0.6650 is likely, however, reckon
0.6625 sup shud contain downside.

Sell on recovery with stop as indicated, break
wud prolong choppy trading n risk 0.6775/80...

   Rate:     +0.6680+
   Strategy:     +Target met+
   Position:     +Short at 0.6720+
   Objective:     0.6680
   Stop-Loss:     
   Resistance:     0.6752/0.6813/0.6835
   Support:     0.6695/0.6650/0.6625
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Update Time:     16 Jan 2009 11:51GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4965+

Although cable has eased after intra-day rally
to 1.4960 n minor consolidation is in store, reckon
1.4889 (prev. res) wud contain downside n yield a
resumption of recent erratic upmove twd 1.4975/80,
however, 1.5000 wud hold fm here.

Buy again on dips with stop as indicated, break
wud risk 1.4840/50 b4 up...

   Rate:     +1.4965+
   Strategy:     +Target met+
   Position:     +Long at 1.4915+
   Objective:     1.4965
   Stop-Loss:     
   Resistance:     1.4975/1.5000/1.5025
   Support:     1.4889/1.4810/1.4764

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Published on  Mon, Jan 19 2009, 08:30 GMT