Freight Forwarding – Delivering What Customers Want
Freight Forwarding – Delivering What Customers Want
A new report on the freight services industry by Accenture says that two things separate the best performing freight companies from other shipping companies- mastery of standardised processes and the use of integrated IT. By applying automated processes, companies can cut the costs of freight transport, reduce errors and accelerate speed…
Real Estate Investor Clubs – Great Opportunities
Real estate investor clubs abound these days. Their main purpose is to offer opportunities to network within the industry. However, they also offer several other advantages. These include the ability to share experiences with other experienced investors, educational seminars, tactic training, access to current real estate market trends, and, many…
Day Trading Idea 10-11-2008
Mizuho’s technical analysis: Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200) Danske’s technical analysis: Market is in a downtrend. Suggested strategy is to attempt long (buy) if price breaks 1.6201 with first profit target at 1.7235. Place the [...]
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Mizuho’s technical analysis:
Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200)
Danske’s technical analysis:
Market is in a downtrend. Suggested strategy is to attempt long (buy) if price breaks 1.6201 with first profit target at 1.7235. Place the stops at 1.5530 or change trade direction if price breaks it. Profit target for this sell (short) entry is 1.5400.
Ino MarketClub’s Trend analysis:
Strong Down Trend (score -100)
Points to watch from my pivot-calculation are the 3rd resistance (1.6207) and 1st support (1.5533)
At the time I wrote this, gbp/usd price was ranging around 1.5770. My plan is to place long order if price breaks 1.6200. Anticipate-stops will be at 1.6100. I will place short order if price breaks 1.5530. Anticipate stops will be at 1.5630.
Please note that this is just a trading idea, I do not execute trade solely based on this. I write this in purpose to show you (especially novice traders) about how I make use of the free technical analysis data for my intraday trading.
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