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Bio: Trendsetter commentaries on DLR/DMK first appeared on Reuters page AABB in 1984. Since then, Trendsetter has come a long way. As a global specialist data provider, their coverage now extends to more than 20 different instruments with a primary focus on the Foreign Exchange market, serving a wide range of users from professional investors, corporations, and top-tier banks in over 60 countries. Forex dealers in the world's leading banks now regularly use Trendsetter's trading recommendations.

Trading Methodology: "Dynamic Trading Approach" is the technical analysis methodology that was developed in-house by Wilson Leung and Trendsetters analysts throughout the years. It has been time-tested and is used by their clients, which include banks in over 60 countries, through the Reuters network. It enables them to identify emerging trends early on, often capturing highs or lows, and helps their users trade with the new trend before others notice it.

Dynamic Trading Approach is a synergic combination of:

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  1. AceTrader's Avatar

    2012 Week2! INTRA-DAY OUTLOOK- USD/JPY- 76.98

    by
    AceTrader
    , 01-08-2012 at 09:34 PM (Forex Trading Signals)
    http://www.acetraderfx.com/eng/

    2012 Week2! INTRA-DAY OUTLOOK- USD/JPY- 76.98

    (09 Jan 2012 01:01 GMT)

    Despite dollar's recovery from last Wednesday's low at 76.61, subsequent retreat from 77.34 suggests aforesaid correction is over and consolidation with downside bias is seen for weakness to 76.58/61, break would extend decline from October's high at 79.55 to 76.33 but 76.11/ should hold and bring recovery later.

    On the upside, above 77.34 would signal a temporary low has possibly been made but above 77.56 is neeed to confirm this view and yield gain to 78.04.
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