Thread: Recent Recommended Intra-day Trades

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Update Time: 26 Aug 2010 09:08GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0280+

Despite intra-day rebound fm 1.0281 to 1.0319,
current retreat on renewed cross buying in chf sug-
gests recovery fm y'day's low of 1.0247 has possi-
bly ended there n consolidation with downside bias
wud be seen for weakness to 1.0280/81.

Trade fm short side n exit on decline. A firm
rise abv 1.0338 may risk stronger gain twd 1.0373.

Rate: +1.0280+
Strategy: +Target met+
Position: Short at 1.0315
Objective: 1.0280
Stop-Loss:
Resistance: 1.0319/1.0338/1.0373
Support: 1.0268/1.0247/1.0186

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Update Time: 26 Aug 2010 07:03GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2730+

Lack of strg follow through buying abv 1.2727/
30 n present retreat fm 1.2738 suggest risk is seen
for a pullback to 1.2690/95 b4 prospect of a resump
tion of erratic upmove fm 1.2588 to 1.2745/50, how-
ever, reckon 1.2772 (prev. sup) shud cap upside.

Wud be prudent to exit long n look to buy again
on dips as only below 1.2678 wud signal top made.

Rate: +1.2730+
Strategy: +Target met+
Position: +Long at 1.2695+
Objective: 1.2730
Stop-Loss:
Resistance: 1.2738/1.2772/1.2833
Support: 1.2678/1.2650/1.2608

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Update Time: 26 Aug 2010 06:06GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8885+

Aud's breach of 0.8867 (AUS) indicates the rise
fm y'day's low at 0.8770 to retrace recent decline
remains in progress n upside bias is seen for fur-
ther gain twd 0.8895, however, sharp move beyond
there is prevented due to nr term o/bot condition.

Hold long with stop as suggested n only below
0.8830/32 signals intra-day top is made, 0.8805/10.


Rate: +0.8885+
Strategy: +Target met+
Position: Long at 0.8850
Objective: 0.8885
Stop-Loss:
Resistance: 0.8895/0.8925/0.8946
Support: 0.8830/0.8796/0.8770

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Update Time: 27 Aug 2010 15:06GMT
INTRA-DAY EUR/JPY OUTLOOK - +108.20+

Despite euro's sharp retreat fm 108.19, present
strg rebound fm 107.13 suggests pullback has ended
there n upside bias is seen for upmove fm this wk's
low of 105.44 to extend marginal twd 108.25 (prev.
sup, now res) but 108.55 shud hold.

Buy on dips with stop as indicated, below wud
prolong choppy n risk 107.13/20 again.

Rate: +108.20+
Strategy: +Target met+
Position: +Long at 107.85+
Objective: 108.20
Stop-Loss:
Resistance: 108.19/108.25/108.71
Support: 107.55/107.13/106.99

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Update Time: 27 Aug 2010 14:01GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0280+

Despite dlr's marginal weakness to 1.0220, sub-
sequent rebound suggests recent decline has possi-
bly formed a temp. low there n consolidation with
upside bias wud be seen for gain to 1.0261, abv wud
confirm n yield retrace. twds 1.0290 res.

Buy at market with stop as indicated, break wud
abort n extend weakness to 1.0193.


Rate: +1.0280+
Strategy: +Target met+
Position: Long at 1.0242
Objective: 1.0280
Stop-Loss:
Resistance: 1.0261/1.0290/1.0319
Support: 1.0220/1.0193/1.0154

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Update Time: 27 Aug 2010 12:31GMT
INTRA-DAY EUR/JPY OUTLOOK - +107.95+

Despite euro's retreat after intra-day rise fm
Asian low of 106.99 to 107.91 at European opening,
as renewed buying at 107.53 has lifted price, conso
lidation with mild upside bias remains but abv 108.
01 needed to extend early rise fm 105.44 to 108.25.

Hold long with stop as indicated, below wud defer
n risk 107.15/20 b4 aforesaid upmove to resume.


Rate: +107.95+
Strategy: +Target met+
Position: Long at 107.60
Objective: 107.95
Stop-Loss:
Resistance: 107.91/108.01/108.25
Support: 107.53/107.32/106.99

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Update Time: 27 Aug 2010 04:52GMT
INTRA-DAY EUR/JPY OUTLOOK - +107.75+

As euro has rebounded after meeting renewed buy-
ing at 106.99 (Asia), suggesting consolidation with
upside bias is seen, abv 107.60/65 wud retain bull-
ishness for gain to 107.85/95 but as outlook is con
solidative, y'day's 108.01 top shud hold fm here.

Buy dips, stop as indicated n only below 106.99
risks correction of upmove fm 105.44 to 106.50/60.


Rate: +107.75+
Strategy: +Target met+
Position: +Long at 107.40+
Objective: +107.75+
Stop-Loss:
Resistance: 108.01/108.25/108.56
Support: 106.99/106.35/105.90