Wednesday, April 6, 2011

Your Trade Ideas & Setups for Monday 04/06: Yesterday's Total +78 pips

Hi ,

Trade Room Performance 04-05

+63 Pips for the day, +158 Pips to date, for the month

Yesterday 13 trades were taken returning +78 pips. You can view details of our trades at (Trading Record).

Trade Ideas For 04-06

Trade Idea EURUSD: Euro is currently pushing through its resistance area at 4280, making new highs at 4313. If it stays above 4280 then the next target is 4415. On the short side support is likely at 4244 and below that at 4190.(See EURUSD charts)

Safe trading

Paul Simpson

Visit our site at www.forextraderscorp.com and watch our trading ideas at www.tigerpips.com

Risk Warning:

In trading forex (foreign exchange) the risk of loss can be substantial. As such you should consider carefully whether trading in the forex market is suitable for you in light of your financial circumstances. There is generally a high degree of leverage that is available in forex trading and you must understand that this can work against you as well for you. Thus the use of leverage can result in large losses as well as gains.

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