Forex forecast for AUD/USD 19 November 2005




Smart Trade Alerts -STA: 19 SEP 2005... Update: 00:30 GMT - you can view the previous updates - click - session wise

(in all, aim 30-40 pips profit as quick trades or move initial stop of 30 pips to entry and trail to close at recommended levels in position trade

LONG TERM FORECAST: OTHER MAJORS ARE EXPECTED TO SWING BIG AND CORRECT LATER FROM SEPT.2005- WATCH AND DO STRATEGIC SWING AND POSITION TRADES - WAIT T0 BUY AFTER QUICK DROP AND COVER DURING NEXT RISE

SPOT TRADES:

EURO/USD SELL level 1.2667 - 1.2707 BUY level - 1.2213 - 1.2189
GBP/USD SELL level 1.8496 - 1.8567 BUY level - 1.8035 - 1.8054
USD/YEN BUY level 106.19 - 108.34 SELL level - 111.45 - 111.85
USD/CHF BUY level 1.2167 - 1.2234 SELL level - 1.2709 - 1.2743
AUD/USD SELL level 0.7798 - 0.7834 BUY level - 0.7672 - 0.7634
USD/CAD BUY level 1.1733 - 1.1763 SELL level - 1.2237 - 1.2289



POSITION TRADES: - wait for the full rise to do directional position trade of sell near the high for the season in other majors during quick rise and to close during quick fall by next month end and beyond

STARTEGIC TRADE: - you can buy near season low and sell during big rise to form the season high as swing and position trade using trailing stop - RECOMMENDED

OPERATORS INTENTION: operators are expected to swing and firm up other majors after the false move for a week .....