Trading Signals for EUR/USD on Tuesday, December 17, 2013

Catalina Island Sunset - Bird on Boy's Nose
Catalina Island Sunset - Bird on Boy's Nose (Photo credit: StockCoach)
Hi, The Sell deal that I opened yesterday is still open. I do not have much time, so just putting my signals for the day quick.

Sell EUR/USD at 1.3801 for a profit of 50 pips and a profit of 150.

Also, with the last deal at 1.3751, the stop loss can be removed, else keep it if it freaks you to remove.

Good day and happy trading ahead.  
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Trading Signals for EUR/USD on Monday, December 16, 2013

English: Orchard Trading Estate Business premi...
English: Orchard Trading Estate Business premises on Orchard Trading Estate near Toddington. (Photo credit: Wikipedia)
A quick update on whats happenning with my forex account. So, the last week I went shoet with 3 deals, one at 1.3701, one at 1.3751 and the other at 1.3801. The first 2 had hit the stop loss levels and luckily the last one gained a profit.

That means since last week I have been on a loss of 50 pips.

Now looking forward from here, I have again put an entry deal at 1.3751 to short for a profit of 50 pips and yet again a loss of 50.

Rest I will update on my twitter.

Happy Trading..
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Trading Signals for EUR/USD on Wednesday, December 11, 2013

Finance Tower - Tour des Finances - Financiƫnt...
Finance Tower - Tour des Finances - Financiƫntoren Brussels 3 (Photo credit: historic.brussels)
Hi,

I am just updating that my last deal of shorting EUR/USD at 1.3701 on Monday closed when the stop loss at 1.3751 was reached.

So, now the signals are as follows:

Sell at 1.3751 as well as 1.3801. I am not keeping an stop losses for these, though I do not suggest the same for anybody. I have funded my account well, so I would not see it blown up any time soon.

But each one to his/her own; hence a stop loss of 50 pips for both the deals will be fine.

There is a reason for me to go without a stop loss today. As per me, the market has achieved the highs for a long time now, and any time soon it will see the reversal of the long trend. Hence, any time a shorting trend will begin.

I will update the outcome as soon as it happens. Till then enjoy and keep trading.
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Trading Signals for EUR/USD on Monday, December 09, 2013

Deal with This
Deal with This (Photo credit: Wikipedia)
Hi, the last deal of mine I closed after gaining 50 pips. I updated the same on twitter.

So, now it is the new week and hence the time for a new deal. I am again in a mood for going short this week.

I therefore, have the following recommendations:

Short at 1.3701 for a profit of 50 pips as well as a stop loss of same amount of pips.

I kept such a small take profit, because the market has the capacity to reach higher than this, hence I will not ruin my chances of closing the deal at a loss.

Hence, I have kept a neither here nor there kind of a deal today. If the market reaches more heights in this week, then I will keep a bigger take profit. Then probably my short deals will open from 1.3801 levels.

Will surely update once I do the same.

Till then target is on this one.

Take care and keep trading.
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Trading Signals for EUR/USD on Wednesday, December 04, 2013

English: Wednesday Market, 08:53 The market al...
English: Wednesday Market, 08:53 The market almost completely set up and some trading already taking place. North of 474142. Next 484542 (Photo credit: Wikipedia)
I love Wednesdays, because this day accounts for the entire action for the week. Especially when it is the first week of the month.

As I wrote on Monday, I still see a major shorting coming up.

I am still strong on the short deal at 1.3601. The stop loss at 50 pips and the profit levels of 150 are good to me.

So, I am still strong on it and I am waiting for the announcements for the day which include the news announcemnts of Non-manufacturing PMI.

That will be the moment when this particualr open deal will be put to a test.

Luckily, I am stringent with the stop loss, hence I will not lose much even if my signal turns the opposite way.

So, there is nothing much to do except doing the classic wait and watch.....

and I shall update the outcome tomorrow.

Till then, have a fun trading day ahead.    


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Trading Signals for EUR/USD on Monday, December 02, 2013

Thanksgiving at the Trolls
Thanksgiving at the Trolls (Photo credit: martha_chapa95)
Hello after a long time. I actually took a break from trading due to the erratic movements of the market during the Thanksgiving.

I generally stay away from trading during such major events. The reason is simple. The anxiety in the market is at its peak, and therefore the signals do not come clear and appropriate.

I had gained some 132 odd pips in my account, hence I withdrew and did not indulge in much and took a kind of break.

But now, I am back to my daily business, and therefore the signals for the day are as follows:

Short the EUR/USD pair at 1.3601 for a profit of 100 pips and a stop loss of 50. A strategy to move the loss 25 pips once the profit inches 50 pips will be a good idea to gain more and loose less.

I go that way and earn, so can you.

I am in favor for the short side, because the Price action theory suggests so for my favourite 4 HR time frame.

Hope you make some pips and enjoy the first week of this last month of this year.

Cheers.

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Trading Signals for EUR/USD on Wednesday, November 20, 2013

Editor - white ribbon - 0 pips transp
Editor - white ribbon - 0 pips transp (Photo credit: Wikipedia)
This day today haunts me, cause this is my dad's first birthday after his death.

I thought of staying away from any trading today, but then when my mind started wandering to all things depressing, I slyly took it up.

So, coming back to business as usual; the yesterday's signal went down to drain, causing a loss of 25 pips. But hang on, this was not that bad, because I recovered a bit of those lost pips by about 10. Hence, the overall loss for yesterday comes to a mere 15 pips.

I know I have not updated on the recovery part, that was simply because it happened so quick, and I therefore had no time to update here.

Therefore, as an initiative to present all signals in a better way, I have decided to tweet in a jiffy for moments like these.

Anyway, as of now the market seems to have gained a lot; I suppose that is what it does before reversing it's trend.

So, now I have opened a Short deal at 1.3559, though I suggest any value above this figure would be good. Though, I wanted my deal to be at 1.3561. I am not going to rue at that one. Rather, I better play safe by keeping stop losses and take profits. So, a stop loss of 50 pips and a profit of 100 does me good.

Though I keep moving the loss by 10 pips, the moment my profit crosses landmarks of 5 pips. Hence, by the time I gain  50 pips, I come to a no loss scenario. So, I am assured of not losing anything in a particular trade once I have gained 50 pips on it. Although, I do lose out on profits, because after that even if the market changes the trend, I do not then lower the loss levels. Therefore, my strategy always focuses to lose less rather than gaining more.



By the time I have written this, the market has changed it's mood. Please do not be surprised if I post an update on Twitter any time soon.

Till then enjoy!!
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Trading Signals for EUR/USD on Tuesday, November 19, 2013

Image used to convey the idea of currency conv...
Image used to convey the idea of currency conversion (originally from en.wikipedia). The signs are (clockwise from top-left): dollar, euro, pound, shekel, đį»“ng, yen. (Photo credit: Wikipedia)
So, the start of the week yesterday was not that good. Since, the stop loss of 50 pips was intact, hence the loss was limited to that. This is one of the many reasons why I really love to trade in this volatile currency market.

Anyway, I still maintain my stand as yesterday that the market is bound for some movement downwards. Hence, I have put in a short deal at 1.3509 levels for a stop loss and a take profit level of 25 pips each. Also, I plan to get into a rolling take profit and loss schedule once the market starts rolling more downwards.

If in any case it does not, then I will be happy with a loss of 25 pips in this deal today. I know I could have initiated another short deal 12 hours back when my last short deal closed with a loss. But I am a strict disciplinarian when it comes to the forex market. Hence, I refrained from doing that yesterday, and instead I am doing it now, and I have kind of done it. LOL

Also, for the scalping deal, one short at 1.3461, another long one at 1.3459. Both have a stop loss of 10 pips and a take profit of 30 pips.

I also want to mention that it is the Stochastics and RSI, that make me go firm on my shorting decision. I am very likely to move the take profit and stop loss levels.

P.S: If there is any other update to the trading signals for today, I shall update the same as a corollary to today's post. 


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Trading Signals for EUR/USD on Monday, November 18, 2013

Imagination (Gladys Knight & the Pips album)
Imagination (Gladys Knight & the Pips album) (Photo credit: Wikipedia)
It is the start of another week, and therefore another day of trading to get a chance to earn some green back.

Hence, getting to the signals for the day - Today the pivot for the day as of now is 1.3430.

Therefore, following are trading signals for the EUR/USD pair:

1. Short the pair at any levels anywhere up to 1.3430; I traded at 1.3491 for 25 pips, which closes at 
    1.3466. Also, a stop loss of 50 pips, mine is at 1.3541.

2. 2 Scalping deals; one short at 1.3431, another long one at 1.3429. Both have a stop loss of 10 pips and a
    take profit of 30 pips. Hence, either a profit of 20 pips or a loss of the same amount is definite. Just to
    mention that on the last trading day, i.e. on Friday , 15th November, our scalping closed at stop loss, so I
    am a little expectant for the profits today.

Do not know what will happen, but in a worst case scenario, either I will end up with a loss of 50 pips on the 1st trading deal or loss on both that deal as well as the scalping deal, leading to a cumulative loss of 70 pips.

But if all goes good; I will end up in 55 pips profit. Let us see for ourselves what happens during the course of the day.

Till then, have a good and profitable day.

P.S: If there is any other update to the trading signals for today, I shall update the same as a corollary to today's post.
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Weekly Roundup on Sunday, Nov 17 2013

The One and Only (Gladys Knight & the Pips album)
The One and Only (Gladys Knight & the Pips album) (Photo credit: Wikipedia)
I happy to state that the signals on Sunday, Nov 17 2013 closed in profit. If anyone followed my signal, then I am happy that you ended in profits.

Looking at a thread-bare analysis of the same, the long deal at 1.3355 closed with a 25 pips profit at 1.3380.

But on the other hand, both of the scalping deals closed with a stop loss, resulting in a loss of 20 pips.

Hence, the overall result came down to a gain of 5 pips.

This would have made little sense if were dealing with a small lot, but with a macro account, it could mean huge.

Well, as long as there is no loss of pips, everything else is a profit; even a situation of no gain.

So, I hope with my daily update of signals on my blog, each one of you could gain some pips in the Forex market.

Further, I hope you enjoy this weekend, see you tomorrow.

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Trading Signals for EUR/USD on Friday, November 15, 2013

English: A Pivot Animation
English: A Pivot Animation (Photo credit: Wikipedia)
For today, the pivot point is 1.3495.

Hence, right now I have opened a long deal at 1.3455, with a take profit level of 1.3480.

A stop loss value depends on your margin. I have kept 50 pips. This is rather subjective.

Any value lower than what I have taken will be a bonus.

Once, the pair reaches the pivot point, then I would try some quick scalping there.

I have thought of putting one long at 1.3494 and a short at 1.3496.

Both will have a stop loss of 10 pips and a profit of 30.

Hence, with this scalping; either I would have a profit of 20 pips or a loss of 20 pips.

Whatever be, will update the outcome tomorrow.

Till then Happy Trading.
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Trading Signals for EUR/USD on Monday, September 16, 2013

Come Monday
Come Monday (Photo credit: Wikipedia)
I know I have been absconding for past 1 week.

I was actually away from my home. I was actually at the hospital nursing one of my uncles.

He had his hip replacment surgery; and therefore I was engaged in his care taking.

During this while I refrained from trading, because I was not in a position to carry my computer inside the hospital premises.

Hence, I did not even post anything here.

But the good thing is that I am back.

Also, I cannot help not mentioning that I am still stuck to short on EUR/USD ; listed below are my signals for the day.

Sell EUR/USD at 1.3351 for a profit of 50 pips, no stop loss for a while.

It is too early now, but I will update once the market shows some trend formation in the latter part of the day and week.

regards
Aditi
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Trading Signals for EUR/USD on Wednesday, September 04, 2013

As I had posted yesterday, the Dollar strengthening would ease a bit for a while.

And today it did. In fact, today the Dollar Index showed some losses.

I have attached a picture as a proof for my prediction.

Also, my long EUR/USD deal at 1.3149 opened, and is currently in profits. Just waiting for it to gain 50 pips.

Now, coming for the day's signals. They are as follows:

Sell EUR/USD at 1.3251 for a profit of 50 pips.
Buy EUR/USD at 1.3099 for a profit of 50 pips.
Sell Gold at 1436.1 with a stop loss of 1441.1 and gain of 1421.1
Sell Silver at 25.501 with a stop loss of 26.001 and gain of 24.001
Buy Gold at 1384.9 with a stop loss of 1379.9 and gain of 1399.9
Buy Silver at 22.499 with a stop loss of 21.999 and gain of 23.999

dollar-index-4-sep-2013
dollar-index-4-sep-2013





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Trading Signals for EUR/USD on Tuesday, September 03 2013

Hello, I did not post yesterday, because there was nothing new that happened, except for one of the Gold entries closing in losses.

With that one closing in red, my count for gold entries touching stop loss has come to 3.

Though luckily, with all 3 my stop loss was very small; which I have even covered up with scalping on the EUR/USD pair. 

Now moving forward, I am just with 3 open deals in my trading account. One closed today for a massive 100 pips, which I even updated on my twitter.

The major news coming up for today is the Manufacturing PMI of the U.S.A. It will be released in next half an hour from now.

That one news will affect the market hugely.

Though I do not fear its outcome, because my account is well endowed with margin due to the pips that I successfully gained the last week.

As far as my feeling goes, the market will go a little up. I say that because my Dollar Index suggests so. If not, then also I will make profits.

Dollar-Index
Dollar-Index-03september-2013


Without wasting more words and time, I come up with my signals as follows:

Sell EUR/USD at 1.3251 for a profit of 50 pips.
Buy EUR/USD at 1.3149 for a profit of 50 pips.
Sell Gold at 1419.9 with a stop loss of 1424.9 and gain of 1404.9
Sell Silver at 26.001 with a stop loss of 26.501 and gain of 24.501
Buy Gold at 1365.1 with a stop loss of 1360.1 and gain of 1380.1
Buy Silver at 22.499 with a stop loss of 21.999 and gain of 23.999

With all this I suppose you too have a happy trading day and life ahead.



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