Forex, Foreign Exchange, Currency, Technical Analysis, Elliot Wave Theory, Trading Guide

8/9/2019 Forex, Foreign Exchange, Currency, Technical Analysis, Elliot Wave Theory, Trading Guide

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Background 'AceTrader' represents the Internet operations of Trendsetter

Financial Markets Ltd., one of the world's leading financialadvisory service providers. Since 1987, Trendsetter has itspremier online FX trading strategies on Reuters tointernational banks in over 60 countries.


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Our Services Standard Package:

Daily Trading Strategies: Aim for 80-150 profit points. Commentaries are updated at least 3times per day. Coverage on 2 Currencies groups: Dlr/Majors, Dlr/Minors and Cross currencies

that can be subscribed to separately. Weekly Outlook: Updated on every Monday giving the forecast for the week.

Medium-term Outlook: Provides forecast for the month and longer, updated in the first week ofevery month.

Premier Package: Intra-day Trading Strategies: Give 24 hours real-time intra-day strategies on Dlr/Majors for 30-

60 profit points. Daily Technical Outlook: Provides detailed explanation of the Trading Strategies.

Elliott Wave Analysis: Updated on every Tuesday and Thursday to give the "Wave"perspective.

Daily, Weekly and Medium Term Outlook: Provides forecasts from daily to a month and slightlonger.

Trading Model: Intra-day Trading Strategies: Give 24 hours real-time intra-day strategies on Dlr/Majors for 30-

60 profit points.

Daily Trading Strategies: Updated 3 times a day at fixed interval

A Special recommended trade which is our best of the best recommendation


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Additional Features1) Range Daily Highs and Lows for the week

2) Trade Record Comprehensive record of the profitability of our intra-day and daily

recommendations

3) Economic data forecast Timetable of important economic data to be released during the day

(Japan/EU/UK/US)

4) News Real-time financial news updates from external sources


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Glossary UsedABV above

B4 before

DLR dollarDWN/DN down

ESP especially

FM from

LONG buy

LTD limited

LVLS levels

MT medium term

N and

NR near

OBJ objective

O/BOT overbought

O/HEAD overhead

O/N overnight

O/SOLD oversold

PT point

RES resistanceRESP respectively

REV reverse

SHORT sell

SHUD should

ST short term

STRG strong

STG Sterling

SUPP/SUP support

TWD/S towards

VS versus

WK week

WUD would


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Daily Highs/Lows forlast 5 days

Check andchange yourpersonal data

Timetable of

economic data

Market review

24 hours Forex

market news fromexternal sourcesRenew your

subscriptionhere

Trading Recommendations andAnalysis

Records of recentrecommendations

Alerts onmembershipexpiry

LanguageOption

Setting my

favourites

Members Page


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Time Frame

Currency Group

DailyRecommendations

Currency Pairs

- click to go todetails Intraday

Recommendations

+...+ = Denotes a change has been made to

previous update i.e.(Position, Strategy,Entry Level, Target, Stop-loss, Rangeforecast)

Yellow cell denotes

that cell is JUST updated

Trading Strategies


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Recommendation isto buy USD/YEN at108.08

Last updated at2003/11/24 06:39GMT

We have no positionat the time of update

1st

Profit target at109.10/15

Stop order at 108.60

Short term range ofUSD/YEN isforecasted to bebetween 108.80 and109.05

Market Rate at lastupdated time, I.e., at

2003/11/24 06:39GMT

Strategy Example #1 - Intraday


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Hold our longposition

We have alreadylonged AUD/USD atthe time of thisupdate. That means,buyrecommendation is

given in previousupdate and orderfilled.

Stop level movedto 0.7225 in thisupdate

Strategy Example #2 - Intraday


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Long order inprevious updatesfilled already

Nearest 3 resistanceand support levels

Strategy Example #3 - Daily


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Back to summarytable Change

CurrencyPair

Commentary

Recommendation

Daily Outlook


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Case Study

When BOTH our intra-dayand

dailyrecommendations are bothlong (or short), this means ourview is strong and the probabilityto make money on both trades is

also high.

This happens when we anticipate a minor correction to occur initially in the magnitude of 30-50 points before theprevailing trend resumes later in the day (3-5 hours), therefore, for intra-day trade, one can take this counter-trendstrategy to benefit this situation. However, this is sometimes a high risk trade for intra-day trading, one must be quick

to exit this position as per our intraday recommendation.

Intra Intra-day recommendation is oppositeto Daily recommendation

Intra-day recommendation isthe same as Daily

recommendation


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Technical Outlook

Technical IndicatorsSummary

In-depth analysis of themarket-useful for bothintraday and daytraders


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Wave Analysis

Analysis based onElliott Wave Theory -includes both preferredand alternate counts

For wave followersinterested in a larger timescale


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Setting up yourfavourite currencypairs forconvenientviewing

Change orderof view byclicking the

arrow

My Favourite


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View MyFavourite

3 My Favourite

Pages available

My Favourite


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For EnquiriesPlease contact us at:

Trendsetter Financial Markets Ltd.

Address: Room 1201, 12/F., Harcourt House, 39

Gloucester Road, Wanchai, Hong Kong.

Tel : (852) 2866-4912, (852)2866-8216

Fax : (852) 2525-9443

E-Mail : [email protected]

URL: http://www.acetrader.com
mailto:[email protected]://www.acetrader.com/http://www.acetrader.com/mailto:[email protected]

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Forex, Foreign Exchange, Currency, Technical Analysis, Elliot Wave Theory, Trading Guide

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