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Recent Recommended Trades

Mon, Nov 9 2009, 00:50 GMT

AceTrader


AceTrader 1-wk TRIAL

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Update Time:     06 Nov 2009 13:52GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4815+

Euro's retreat after the release of weaker-than
expected U.S. jobs data suggests choppy trading be-
low y'day's 1.4918 high wud continue n weakness to
1.4810 is likely, however, reckon 1.4774 shud con-
tain downside n yield rebound later.

Sell at market with stop as indicated, break wud
defer n risk gain to 1.4906/18 res area...

   Rate:     +1.4815+
   Strategy:     +Target met+
   Position:     +Short at 1.4850+
   Objective:     
   Stop-Loss:     
   Resistance:     1.4918/1.4928/1.4953
   Support:     1.4811/1.4774/1.4734
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Update Time:     06 Nov 2009 13:35GMT
SPOT GOLD DAILY OUTLOOK - +1096.00+

Gold's rebound after finding renewed buying at
1084.20 suggests pullback fm Wed.'s fresh record
high of 1097.30 has possibly ended there n upside
bias remains, however, breach of said res is needed
to confirm LT uptrend has once again resumed n
extend to 1104/1105 b4 prospect of a 'much-needed'
minor correction due to near term loss of momentum.

Hold long with stop now as indicated, below wud
risk retracement to 1080.10, then twd 1075/76...

   Rate:     +1096.00+
   Strategy:     +Target met+
   Position:     Long at 1086.00
   Objective:     1096.00
   Stop-Loss:     
   Resistance:     1097.30/1110.00/1115.50
   Support:     1084.20/1080.10/1075.80
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Update Time:     06 Nov 2009 08:38GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4885+

Euro's intra-day rebound to 1.4884 suggests
pullback fm y'day's high of 1.4918 has possibly end
ed at 1.4844, consolidation with upside bias wud be
seen for further gain but abv 1.4899 needed to con-
firm recent upmove fm 1.4626 has resumed, 1.4918.

For st trade, hold long with stop now at break-
even n only below 1.4811 signals top has been made.

   Rate:     +1.4885+
   Strategy:     +Target met+
   Position:     Long at 1.4855
   Objective:     1.4885
   Stop-Loss:     
   Resistance:     1.4884/1.4918/1.4928
   Support:     1.4844/1.4811/1.4774
*****************************************************
Update Time:     03 Nov 2009 18:29GMT
SPOT SILVER WEEKLY OUTLOOK - +17.20+

Despite silver's selloff to 16.14, subsequent re
bound suggests decline fm 18.11 top has possibly
made a temp. low there n retrace. to 17.22 is seen.

Trade fm long side with stop as indicated, break
wud abort n risk correction of MT upmove to 15.77.

   Rate:     +17.20+
   Strategy:     +Target met+
   Position:     Long at 16.30
   Objective:     17.20
   Stop-Loss:     
   Resistance:     17.22/17.77/18.11
   Support:     16.14/15.77/15.18
*****************************************************
Update Time:     05 Nov 2009 01:49GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6508

Although cable's intra-day anticipated selloff
signals the rise fm 1.6260 has formed a temp. top
y'day at 1.6598 n correction to 1.6480/90 is likely
, near term o/sold condition shud keep price abv
1.6456 (prev. res) n yield rebound later.

Exit short n look to sell on recovery as only
abv 1.6565/70 wud indicate pullback is over.

   Rate:     1.6508
   Strategy:     Exit short
   Position:     Short at 1.6543
   Objective:     
   Stop-Loss:     
   Resistance:     1.6540/1.6605/1.6694
   Support:     1.6456/1.6394/1.6348
*****************************************************
Update Time:     05 Nov 2009 01:35GMT
INTRA-DAY EUR/JPY OUTLOOK - +134.20+

Euro's breach of minor sup at 134.61 suggests a
temp. top has been made y'day at 135.76 n consolida
tion with downside bias is seen for correction of
nr term upmove fm 131.01 to 134.15/20 but 133.93
shud contain weakness n yield rebound.

Sell at market with stop as indicated, break wud
defer n risk gain to 135.15...

   Rate:     +134.20+
   Strategy:     +Target met+
   Position:     Short at 134.52
   Objective:     134.20
   Stop-Loss:     
   Resistance:     134.61/135.15/135.76
   Support:     133.93/133.24/132.52
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