550 points profit from 2 trades - excerpts from Imperialfxonline's emails to clients

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Below are examples of winning trades made by private clients who are subscribers to imperialfxonline's email delivery service (EDS)...

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Excerpt from weekly email sent to clients on 10th January

Eur/usd Weekly Strategy 11 January 2010

Moderate correction of decline from 2009 high of 1.5145 before down
Below 1.4218 extends to 1.4007-1.4046 support zone

Rate: 1.4416

Strategy: Sell at 1.4550 (entered 11/01 15:52GMT)

Target: 1.4250 (filled 20/01 01:17GMT for 300 points profit)
Stop: 1.4700 (moved to 1.4350 on 19/01 13:00GMT)

The euro’s selloff last month has been contained at 1.4218 (December 22) and the single currency has proceeded to recoup some of its losses from there in a moderate correction to as high as 1.4484, which surpassed the minimum 23.6% fibonacci retracement of the fall from 1.5145 to 1.4218 at 1.4437. As long as 1.4128 holds, there is scope for another corrective move towards 1.4572 (38.2% retracement) before another downmove follows...


Excerpt from weekly email sent to clients on 17th January

Usd/jpy Weekly Strategy 18 January 2010

Correction from 93.76 to extend to 89.30
Above 93.76 would bring one more move upwards to 95.00

Rate: 89.87

Strategy: Sell at 91.80 (entered 21/1 11:33GMT)

Target: 89.30 (filled 27/1 03:42GMT for 250 points profit)
Stop: 93.30 (moved to 90.80 on 20/01 06:30GMT)

The dollar’s selloff from 93.76 (January 7 high) signals the first leg of a correction from last year’s low of 84.82 has ended there and in line with the mildly bearish outlook on the longer-term charts, a temporary top is seen and a B-wave downmove to half retracement level at 89.28 and then support at 88.98 would follow, however, the stronger support at 87.36 remains pivotal and choppy consolidation is likely to take place thereafter...


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