Thursday, January 27, 2011

Your Trade Ideas & Setups for Thursday 01/27: Monthly Total To Date +1698 pips

Hi ,

Trade Room Performance 01-26

+68 Pips for the day, +1698 Pips for the month

Today 14 trades were taken returning +68 pips. You can view details of our trades at (Trading Record).

Trade Ideas For 01-27

Trade Idea AUSUSD: As you can see from our chart and if you look back through posts on the AUSUSD over the past week the levels that we have identified as points for support and resistance have worked well as Aussie has moved with a range. Support still remains between 9836 and 9817 while resistance lies at 9990, 1.020's and 1.070's. As always use your time lanes to hone your entries.(See AUSUSD charts)

Safe trading

Paul Simpson

Visit our site at www.fxtraderscorp.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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