INTRADAY AUD/USD TRADING SIGNAL BY ACETRADER.COM :
Posted 07-20-2009 at 10:22 PM by AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8125
http://www.acetraderfx.com
Last Update At 21 Jul 2009 00:45 GMT
Despite aussie's resumption of recent upmove fm
0.7700 to 0.8182 (o/n NY high), subsequent retreat
suggests a temp. top has been formed n a minor cor-
rection twd 0.7995/05 can't be ruled out, however,
0.8073 (prev. res) shud hold n yield rebound later.
Stand aside n look to buy on dips for day trade.
Only abv said res wud extend gain twd 0.8238...
Range Forecast
0.8110 / 0.8140
Resistance/Support
R: 0.8182/0.8238/0.8265
S: 0.8101/0.8073/0.8033
AUD/USD: 0.8125
http://www.acetraderfx.com
Last Update At 21 Jul 2009 00:45 GMT
Despite aussie's resumption of recent upmove fm
0.7700 to 0.8182 (o/n NY high), subsequent retreat
suggests a temp. top has been formed n a minor cor-
rection twd 0.7995/05 can't be ruled out, however,
0.8073 (prev. res) shud hold n yield rebound later.
Stand aside n look to buy on dips for day trade.
Only abv said res wud extend gain twd 0.8238...
Range Forecast
0.8110 / 0.8140
Resistance/Support
R: 0.8182/0.8238/0.8265
S: 0.8101/0.8073/0.8033
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Comments
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:
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:
- Trend analysis and pattern recognition
- Trend following indicators and oscillators (includes Exponential Moving Averages, Bollinger Bands, MACD, DMI, ADX, RSI & Stochastics)
- Retracements and projections
- Elliott Wave Theory



