AceTrader 1-wk TRIAL
www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 USDUpdate Time: 05 May 2009 17:42GMT
INTRA-DAY EUR/USD OUTLOOK - 1.3330
Euro's retreat fm 1.3384 suggests consolidation
with downside bias remains for another fall twds
1.3324 but break is needed to confirm a temp. top
has been formed at 1.3439 n yield retrace. of
recent upmove twd 1.3299 later.
Trade fm short side with stop now at break-even,
only abv 1.3384 prolongs choppy trading, 1.3415/20.
Rate: +1.3330+ Strategy: +Target met+
Position: Short at 1.3370
Objective: 1.3330
Stop-Loss:
Resistance: 1.3384/1.3439/1.3489
Support: 1.3324/1.3299/1.3213
*********************************************
Update Time: 05 May 2009 11:06GMT
INTRA-DAY GBP/USD OUTLOOK - 1.5120
Present stronger-than-expected retreat fm
1.5112 suggests caution on our long n 1.5060/63
needs to hold for prospect of a resumption of
recent upmove to re-test said res, abv wud extend
gain to 1.5134 later.
Trade fm long side with stop as indicated,
break wud risk retrace. to 1.5000/10...
Rate: +1.5120+ Strategy: +Target met+
Position: +Long at 1.5080+
Objective: +1.5120+
Stop-Loss:
Resistance: 1.5134/1.5200/1.5235
Support: 1.5049/1.4983/1.4949
*********************************************
Update Time: 05 May 2009 08:56GMT
INTRA-DAY GBP/USD OUTLOOK - 1.5110
Present breach of 1.5069 after the release of
much higher-than-expected U.K. construction PMI
data confirms upmove fm this year's low of 1.3500
has finally resumed n gain to 1.5104/10 wud be seen
but o/bot condition wud limit rise to 1.5134.
Buy at market with stop as indicated, break wud
signal temp. top is made n risk 1.5000/10...
Rate: +1.5110+ Strategy: +Target met+
Position: +Long at 1.5070+
Objective: +1.5110+
Stop-Loss:
Resistance: 1.5134/1.5200/1.5235
Support: 1.4983/1.4949/1.4918
*********************************************







