About AceTrader (forex news)

As the Internet operation arm of Trendsetter Financial Markets Limited, AceTrader provides 24-hour realtime forex trading recommendations and market commentaries to online traders through our website. These trading recommendations and market commentaries were originally available to institutional traders through Reuters network only. Now it's available to all individual online traders.

We provide genuine real-time forex market commentaries and trading recommendations to both Reuters and Internet users. Led by world renowned technical analyst, Wilson Leung, we have a team of 7 analysts monitoring the market and updating our recommendations and commentaries 24 hours a day. Wilson Leung has over 20 years of experience in forex market. He is a regular speaker at Technical Analysis seminars all over the world and has conducted over 100 such seminars with Reuters for forex traders in Asia, Continental and Eastern Europe, Scandinavia, CIS and the Middle East.
Our key strengths are:

• Precise Recommendations
  No-nonsense clear-cut recommendations that include specific entry, stop, target levels.
• Full coverage of the market
  As long as the market is open, we're there providing insights to you.
• Real-time updates
  Foreign exchange is a fast market, with real-time being the vital ingredient for success; analysis from an hour ago can sometimes become useless.
• Multi time-frame recommendations
  To profit from the market, one needs to know the short term, medium term and long term trend. Providing intra-day, daily, weekly and medium term analysis and recommendations is our unique feature. 

KEY FEATURES OF ACETRADER:

Intra-day Strategies

• Up-to-the minute update around the clock
• Provide users with our views and recommendations at that moment
• A unique 20-30 pips range forecast for close monitoring of the intraday movements
• Aim at quick 30-45 pips profits trades throughout the day for intra-day traders

Daily Strategies

• Updated 3 times a day with interim up-to-the minute special updates
• Provide users with our views and recommendations at that moment
• Aim at 60 - 90 pips overnight trades for position traders

Sound Alert

• Sound alert is now available in AceTrader. You don't need to be 'glued' to the screen any more. Whenever there is a change in Strategy/Entry Level, Position, Objective or Stop-Loss, you'll hear a beep sound. You can focus on something else and check us out only when you hear the alert.

Weekly Strategies

• Updated every Monday to give a forecast and trading recommendations for the week.
• Specially designed for position traders looking for bigger moves of 100 points or more.

Medium Term Outlook

• Monthly forecast
• Gives an overall market overview of one month and slightly longer

Daily Technical Outlook

• Provides detailed analysis of USD/YEN, EUR/USD, USD/CHF and GBP/USD every day, highlighting important support and resistance levels, retracement and projection analysis, and technical indicators used in forming our trading recommendations.
• With this, you'll know what is likely to happen during the day and what to expect next when a certain support or resistance is broken.

Elliott Wave Analysis

• Bi-weekly detailed explanation of Elliott wave count of the selected major currencies
• Includes Larger Degree Wave Count

PERFORMANCE TRACK RECORD