Wednesday, November 2, 2011

Your Trade Ideas & Setups for Monday 10/17: October'sTotal +1492 pips

Hi ,

Trade Room Performance for October

+288 Pips for last week, October monthly total to date +1492 pips

Last week 58 trades were taken returning +288 pips. You can view details of our trades at (Trading Record).

Trade Ideas For 11-02

Trade Idea AUDUSD: The 0289 support area we identified yesterday held well, pushing price back up to the 0440's. 0441 is likely remain to remain as an initial resistance but on a break further resistances could be found at 0590 and 0653. On the short side some support should be found around 0330 with 0289 remaining a key area. On a break of the latter further support could be found at 0198. (See AUDUSD 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.

Disclaimer

All opinions, trade recommendations, news, research, analysis, prices, or other information provided on this website is intended as a general market commentary. It under no circumstances constitutes investment advice. Forex Traders Corp accepts no liability for any loss or damage, including without limitation to, any loss of profit, which may arise from directly or indirectly using or reliance on such information.

All trades are taken at your own risk. Information provided on this site is intended for educational purposes only. All statements about or references to profits or income, expressed or implied, do not represent a guarantee. Any trading you undertake may result in losses.

Forex Traders Corp takes no responsibility for errors, inaccuracies or omissions in any materials posted on this website. They do not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Forex Traders Corp accepts no liability for any damages, be they special, incidental, indirect or consequential, including, and without limitation to, losses, lost revenues, or lost profits that may result from post, information or materials on this website. This website or any emails sent are in no way to be considered a solicitation to buy or sell currency.

Forex Traders Corp

Dorset House, 297 Kingston Road, Leatherhead,
England
KT22 7PL
Tel. +44 1372 824 535
Fax.+44 1372 824 642

 



--
If you do not want to receive any more newsletters, this link

No comments:

Post a Comment