Trading Signals for Thursday, July 11 2013


I am so happy to post that all my open orders have closed in profits. The FOMC speech really proved good for me.

The open order at 1.2799 closed with a profit of 50 pips at 1.2850 levels. This particular deal evened out all the losses that I made on Tuesday. So, now I am back on no profit and no loss situation.

Moving way ahead, as I had suggested in my last posts in this week, I knew that the market would go up, and it has gone up.

Now the way forward, I am awaiting the Unemployment claims of the U.S. That is one news that will be announced at 12:30 pm that could be the game changer. Either the market will go further up or it will stoop low, erasing all the gains that it accumulated in just 12 hours back.

Either ways, cannot comment. but what I do know is that I can keep entry orders, so they are as follows;

Sell Eur/Usd at 1.3201 and 1.3251 for a profit of 50 pips and a loss of 100.

Till then, just wait and watch and do not forgot to live and enjoy life.
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