Intraday trading signal by AceTrader - EUR/USD

[acetraderfx]

Intraday trading signal by AceTrader - EUR/USD

Rate: 1.2485

Updating time : 04 Mar 2009 01:06 GMT

Although euro has recovered after anticipated
selloff to 1.2457, as intra-day selloff below
1.2513 (now res) confirms decline fm 1.4720 has
resumed, further weakness to 1.2454 n then 1.2423
is envisaged after minor consolidation.

Sell again on pullback with stop as indicated
n only abv 1.2548 wud signal temp. low is made...

Range Forecast
1.2470 / 1.2510

Resistance/Support
R: 1.2548/1.2597/1.2653
S: 1.2454/1.2423/1.2400

Our 2008 trading performance summary:

http://www.acetraderfx.com/eng/performance/perform2008.asp

[Anne09]

signals of acetraders are good but as soon as you try the real version everything seems to be changing. For instance if the price goes down they say to hold on and when the price goes 100 pips down say 'stay aside.'

[Relative-Strenght-Index]

Did you trade the FOMC announcements???
The FOMC decided to keep rates between 0% and 0.25%, the dollar is weakening right after the announcements. But I think it will go up, since this means the economy is in recovery…