Monday, March 14, 2011

Your Trade Ideas & Setups for Monday 03/14: Monthly Total to date +659 pips

Hi ,

Trade Room Performance 03-11

+128 Pips for the day, +659 Pips to date, for the month

Yesterday 15 trades were taken returning +128 pips. You can view details of our trades at (Trading Record).

Trade Ideas For 03-11

Trade Idea AUDUSD: Aussie had a good day on Friday. Aussie bounced over +150 pips from the key support level of 9990 that we had identified. Coming into this weeks trading it lies about 50 pips of 0190's which has proved to be the top of the range so fare this year. It is likely again to experience strong resistance at this level. If it were to break above then the 0250's high of last year could be tested.On the short side 0120 could provide some support with the 0090 the remaining a support area on a break below this.(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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