By: Bulls Eye
FCPO Trading Strategies for 28/12/2012
Okay,
today I will keep my information short, simple and clear cut, I’ve studied
today’s FCPO market and with this I would like to provide you my analysis which
I’ve calculated for tomorrow:
FCPO (March 2013)
[click to enlage]
We’ve
seen our FCPO closed at 2479 today, with 2484 as the highest and 2424 as the
lowest. Therefore I would advice to set the strategy as follow:
Technical
Chart Analysis
Through an initial screening of the chart, we are still
foreseeing that the trend may continue to be bullish.
Strategy
For 28/12/2012
With
the indication of FCPO being possible to be bullish tomorrow, we are putting
our level of confidence towards an upward movement of the price to which may
try 2500 as the first level of resistance. Should there be a breakthrough, then
the next level of resistance would be 2520.
But,
should the price move downwards and hits the supporting level of 2440, then
there is a possibility that it may be trying to hit the next supporting level
of 2402.
In
conclusion, traders may actually long at 2457.
Disclaimer:
The information and analysis mentioned above are solely based on Invest ACE’s
personal technical analysis with the aid of professional training, decades of
experience and meticulous foresight; Invest ACE shall NOT be held liable for
any losses (financially or otherwise) incurred by any parties relying on
aforementioned analysis without prior professional consultation. Should you
wish to find out more on how to invest wisely, do not hesitate to contact Invest
ACE via investace126@gmail.com.
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