Trading Signals for EUR/USD on Monday, January 13, 2014

Hello people,

I know I have been absconding for a long time, a month to be precise. But I can explain that. I have recently got a lot of projects and therefore I am really short of time to post real analytical posts here. But nevertheless, I have always been efficient in posting the deals that I open or close on my twitter.

So, I have not been inefficient in coming up with the signals, but yes I have been less proactive in coming up with the analysis.

So, now today that I have some time in hand, so I thought of writing down few analysis for the week.

Firstly, talking of my favourite pair, the EUR/USD. So, it has been a while that it has not fallen like cats and dogs, so a fall is pretty much anticipated, for sure. But in the right now current scenario, the trend seems a little unclear. I mean looking at my favourite time graph, 4-H chart, I am clueless. It might go up, or it would come down falling. Therefore, in this state of uncertainty, I am going slow and steady. My signals for the day for the pair are as follows:

Sell EUR/USD at 1.3701 for a profit of 20 pips, and no loss for the time being. Though I do not recommend this for anyone inexperienced, cause it requires a basic and firm understanding along with a good sizable amount of margin.

Now coming to the glittering Gold, I strongly feel that it is going to crash anytime soon. I therefore recommend selling it for sure. So, I have put in 2 deals for the same, both of low risk low reward strategy.

So, here I have 2 short deals for Gold, one at 1246 and the other at 1251.

For both I have no set stop loss, and the profit is 5 pips. Thats it.

Hope it helps; if any update happens, will surely update on twitter.

Thanks and have a good day.

Related Posts Plugin for WordPress, Blogger...