Monday, October 17, 2011

Your Trade Ideas & Setups for Monday 10/17: Last Week's Total Total +374 pips

Hi ,

Trade Room Performance for Last Week W/C 10-10

+373 Pips for last week, October monthly total to date +883 pips

Last week 68 trades were taken returning +373 pips. You can view details of our trades at (Trading Record).

Trade Ideas For 10-17

Trade Idea AUDUSD: Aussie is continuing its strong recovery and is close to 1.04 handle as I write, There should be a resistance area at 0431which is the 61.8 fib of the move down from its all time high. There are further resistance areas at 0520 and 0575 and beyond this at 0679. On the short side there is likely to be some support at 0290 with further support levels sitting lower down at 0198 and 0116. (See AUDUSD charts)

Safe trading

Paul Simpson

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

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