Trading Signals for Friday, May 24, 2013


Today is the last trading day of the week. And I am excited because till now none of my deals have closed in red.

Talking about taking the decision to buy or sell, well I am in for 2 trades, which are as below:

Sell Eur/Usd at 1.2951 for 50 pips profit and 150 pips stop loss.
Sell Eur/Usd at 1.3001 for again 50 pips profit and a stop loss of 150 pips.

The second deal will act as a cover deal for the first one.

And yes both these deals are against the long term direction as per the day charts.

The long term deals opened at 1.2849 and 1.2799 are still on and going strong.

Happy Trading and a Happy weekend on start.
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