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

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.  

Related articles

• Analysis EU, GU 16/12/2013
• EUR/USD taking a long look at 1.37
• EUR/USD declines stall at 1.3750 - orders
• EUR/USD looking to test 1.3200
• You: EUR-USD Trades into Upward Sloping Channel Resistance

Trading Signals for EUR/USD on Wednesday, Aug 7 2013

Today it was not much of a movement day. Therefore, I went lazy with my post for the day. The news till now that somehow managed to create some ripples during the day was of the data related to the German Industrial production. It came positive, therefore the market took an U-turn from its bearish journey and within minutes jumped from the low levels of 1.3267 to a high of 1.3324.


The other upcoming announcements for the day include the data concerning the Crude Oil Inventories and the 10 year bond auction. Both of them cannot create much action since their release has both growth and inflationary implications.

So overall the day has been inclined more on the bullish trend. But somehow I am still holding on to my intuitions which tell me that the strong drop in the EUR/USD pair is just about to come.

Everyday I just keep expecting the same but to be frank that day and time has not come yet. The only way to test my hunch is to wait and watch.

I know I can do that, but with me doing nothing is something close to near impossible.

Hence, I have attached a daily chart for the pair which will kind of prove my intuition.

There is not much technicality or any complex indicator, rather 2 straight lines. One connects the highs and the other the lows.

Also, I am not going into details of getting into the use of the Dollar Index as an indicator. But in case you do, it will help.

BTW, the status of my open deals is the same as it was yesterday.
5 open deals, currently in losses.

No, I have no margin to open another Sell entry at 1.3351. But if in any case the market touches till there, it would be nice to open one there.

But I would not, because I cannot.

I will update the outcome of my account tomorrow.

Till then enjoy and take care.

Daily-chart-August-7-2013

Trading Signals for EUR/USD on Thursday, Aug 1 2013

Hello,

If anyone is actually following and practically doing what I suggest in my blog, then obviously you would have gained a lot many pips by now.

It feels great to see that what I expect to happen in the market actually ends up happening. It is not an overnight miracle, it is in fact my love and dedication towards the trading of EUR/USD currency pair, that creates such wonders.

Yesterday, I had suggesting opening a sell deal at 1.3301 and at 1.3251. Both of which actually opened at closed at profit levels too.

So, if you too did the same, then sure you too made profits just like me.

Of course that had to happen. Today’s day was full of volatility creating news and announcements.

In the initial part of the day, there was the release of the manufacturing data of Spain and Italy. Sadly, the data did not come out cheerfully positive. Therefore, it created a downfall on the EUR/USD pair.

Moreover, the Manufacturing PMI for the entire Eurozone as neither impressive, hence the downfall of the pair was quite predictable.

The downfall was further deepened when the U.S data came along the way.  Firstly the unemployment claims came out very positive. Since, not a lot of people filed for unemployment this week, so the dear Dollar had to gain momentum.

It did gain, and then the gains went really high when the U.S.’s manufacturing PMI data was released.

Hence, all the data that released today went into the favor of Greenback.

I do not know if the same downtrend will continue for the day ahead and tomorrow as well.

But what I do know is that I can keep my entry orders, which are as follows:

Sell EUR/USD at 1.3301 for a profit of 50 pips; no stop loss.

Sell EUR/USD at 1.3251 for a profit of 50 pips; no stop loss

Sell EUR/USD at 1.3151 for a profit of 50 pips; no stop loss.

I know that they look a lot similar to what I came up on yesterday, and also a lot in the week before this one. But that is ok.

Also, I am just updating that though one of my order at 1.3201 is still open and has not closed in profits; but still my account has a profit of more than 20%, due to deals opened at 1.3301 and 1.3251 closing in profits many a times.

This video will explain more...

P.S.: My previous channel got scraped by Google...

Trading Signals for EUR/USD on Friday, July 26 2013

 Hello,

Today it is the last trading day of the week. And here I am with another post.

The markets have still not started going down in the way which I had anticipated.

But nevertheless, they have not really gone a lot up too. So, in a way that is a good thing.

Yesterday, the market made a high at 1.3296 and a low at 1.3166.

And today it opened at 1.3274 and up to the time I am writing this post, it made the high at 1.3289 and a low at 1.3269. Today’s as of now high is lower than yesterday’s high and also the low is higher. By the end of the day, the market could either break both the highs and the lows or it would not. But whatever may happen by the end of this day, one should completely stick to his/her trading plan and strategy.

Now I move on to the major announcements and financial news of the day. Well, there is nothing really coming up for the day. I mean nothing worthwhile which could bring a major turn around in the market.

So, I am basically going strong with my open deals, one at 1.3201 and the other at 1.3251. That is because my entry order at 1.3251 which I had suggested as a signal yesterday got triggered.

As of now, I am only waiting for my existing entries to close in profits, and also waiting for the entry order at 1.3301 to get triggered.

But of course that will only happen if the market will go up and up; which seems very unlikely right now.

Hence, just wait and watch.

P.S: I have uploaded a video showing the Daily chart for today. It could give you some idea as to how I stay so sure with my signals and the trading strategies.

And do let me know if you need to understand anything regarding the EUR/USD pair.

Till then enjoy.

Trading Signals for EUR/USD on Monday, July 22 2013

Hello,

I am back after my 2 day break on the weekend. I know that I am supposed to come up with some tutorial on the non-trading days, but I just missed updating it this time.

I cannot be held guilty for the same, as I have already mentioned that my mother was at my place; and we were all celebrating her birthday. So, I guess at times such small leniency is worth pardoning.

Since, it is Monday today, so I get back to the business of trading my popular currency, the EUR/USD.

As I see the markets right now, I strongly strongly recommend a short deal from now on.

Below I have inserted Daily and 4H Charts. As you can see both, they indicate a strong decline building up. Hence, I go with shorting from now on.

Hence, my signals are recommended as follows:

Sell EUR/USD at 1.3201 for a profit of 50 pips, and surely do keep cover deals from then on, with the same profit strategy. Now talking of a stop loss, no I refrain from putting it now. It is rarest of rare to find such a golden opportunity of having both the Daily and the 4H charts at the same end levels in stochastic.

And a little update on my withdrawals, yes they are done and I am glad to receive more Indian currency than I had put in while trading. All thanks to the upgrading Dollar vis-à-vis the Indian Rupee.

I know it is matter of concern for many, but since I earn in dollars, it serves me well. LOL

Also, there is another update from my end. This particular post of mine is 100^th in number of this Trading blog of mine.

I am so happy, wish I get more and more of such landmarks with this blog.

Thanks in advance for everyone and anyone who reads it.

Till then, have a good life and year ahead.

Daily Chart on 22 July 2013

4H Chart on 22 July 2013

Trading Signals for Friday, July 12 2013

Hello,

It is Friday, the last trading day of this week. Therefore, as you would know, I am not in for active trading on this day.

But how can I not come up with my analysis of the day on my favourite EUR/USD pair. 

As we saw, the week started with a lower lows, but since Wednesday or the start of Thursday the market scenario just turned to highs and higher highs.

There was a lot of volatility in the market, and since the latter part of Thursday, it is getting to more or less stable.

But what from now on:


Well, well I see a major break-out happening in just half or an hour's time from now. Now how do I know it, well you see I saw the 15 minute chart. To be honest, I am a big believer of 15 minute charts, when it comes to sensing a big break-out.

And if you could observe it now, it is behaving very nice right now in a perfect straight line. I like to call it the lull before the storm situation.

And now coming to another important question: in which direction will the market break-out?
Ah…the answer is a big EITHER.  

big-break-out

But if I have to talk about my feelings and my guts, then it is the upper one only.

Let us all see what happens, and yes talking about the signals, they are as follows:

SELL EUR/USD at 1.3201 for a profit of 50 pips and a forgo losses this time; but yes ensure that you have enough capital/equity/margin in your account to sustain heavy losses.

But I ask you to forgo a stop loss because overall the direction of this pair is going to be in down South.

Come back to this post in 6 months, and leave a comment if/if not that happens.

Till then enjoy and be happy.

Trading Signals for Monday, July 08 2013

Hi,

Welcome to the first trading day of the second week of this month.

As of now my trades have just missed closing with a stop loss.

My long entry orders triggered at 1.2899 and 1.2849 levels are still on.

They might close with a stop loss or with the take profit levels; all depends upon the result of the European Conference meetings that will happen during the entire day.

Also, at 12:30 pm GMT, there is speech by Draghi Uncle.

All depends upon what he talks then.

Depending on what he talks, my account will either gain or lose.

But what do I think?

I think my account is going to gain. Looking at the 4h and Day charts, my trading intuition tells me that the Eur/Usd is going to go up.

Hence, a gain in my account.

And now coming up to the signals part:

No. no more trades till the existing ones close. But I do have a cover up trade at 1.2799 only in case the market goes downward.

Will update the outcome tomorrow, till then enjoy !!!

Trading Signals for Monday, June 03 2013

Hi,

It is the first trading day of the month. Therefore, I am here with my post and updates on my trading.

If you have been following my blog for sometime, then you would know that I rarely trade on Mondays.

On the first trading day of the week, I just do a analytical round up on my open deals and gear up for the following days of the week.

Coming to my open trades; 2 of my long deals opened at 1.2849 and 1.2799 respectively are still open.

They might close at a break-even amount each if the market crashes; or might earn 300 pips each if the market grows up.

I have no idea what will happen tomorrow, , but what I do know is that since the morning session, the market has been showing continuous signs of dropping. 

Therefore, I have decided to cash in few pips in the current scenario.

I have kept the following entry order:

Buy EUR/USD at. 1.2949 for a profit of 50 pips and a stop loss of 150 pips.

Will post the outcome tomorrow.

Wish you all a happy week ahead....

Trading signals for Tuesday, May 28, 2013

Hello,

A very Good morning. This morning has really been good for me (touchwood).
My short entry at 1.2951 hit a take profit and closed in green.

Now my profits since past 15 days has been 100 pips.

That means, even if both my long entries close on a stop loss, I would not make a loss on my initial capital investments.

That is indeed great.

So, now from now on I am waiting for the 2 long entries at 1.2799 and 1.2849 to show some changes, obvioulsy in the profit directions.

Also, there is one short entry order at 1.3001.

The day ahead will let me know what happens next. But what I know for sure is that I am not in for any losses, just profits from now on....

Yeah wish you too have a great day and a greater trading day ahead!!!

Good Luck....

Sunday, May 19, 2013

Hi,

I could have posted before in this weekend, but my laptop touchpad is not working. Right now I am posting from my older laptop, so that is how I am able to post an update.

Ok, so a little roundup on my activity on the week's trading signals.

I am happy to post that the signals I gave on the Friday, 17 of May got triggered.

I just hope that both of them close in profits.

Also, on the commodity part, Silver buy deals are still on.

Let us together see what will be the outcome for both by the end of the coming week from tommorow.

Happy Trading and a Happy Life !!!!

Trading Signals for Friday, May 17, 2013

Hi,

I know it has been 2 days and I have not posted yet. That was because my best friend had come to visit me for these two days. He went back just 2 hours back, so I am back to my posting job.

Without a much time, I come up with my signals for the day. Just a word of advise regarding my hunch, I am pretty hooked on to going long on the commodities and also the Eur/Usd pair right now.

So please have a look:

Buy EUR/USD at 1.2849 for 300 pips, with a stop loss of 100 pips
Buy EUR/USD at 1.2799 for 300 pips, with a stop loss of 100 pips

Happy Trading and a Happy Weekend.....

Trading Signals for Friday, May 10, 2013

Hi,

I had kept 3 entry orders last night, I was about to post about them today, but then got late.

The 2 of them are as follows:

Buy EUR/USD at 1.3049 for 20 pips, with a stop loss of 100 pips
Buy EUR/USD at 1.2999 for 50 pips, with a stop loss of 100 pips

  
and the third one that has not opened yet is as follows:

Buy XAG/USD at 22.50, no stop loss and take profits for the moment...Yes, of course in all accordance with your margin levels.

Happy Trading...

Trading Signals for Wednesday, May 08, 2013

Hi,

I am really sorry for not updating my journal before putting an entry order. It is the heat that is making me crazy, on top of it there was a massive power cut for 6 hours at my place.

Anyway these were my entry orders for the day:

Sell EUR/USD at 1.3151 for 20 pips, with a stop loss of 100 pips
Sell EUR/USD at 1.3201 for 50 pips, with a stop loss of 100 pips

Happy Trading and happy Summers!!!

Trading Signals for Wednesday, May 01, 2013

Today I was not really in a mood to trade, but I ended getting into one. That was because I saw the 1hr, 4hr and Day chart at the same levels. All the mentioned time frames were at the extreme North at top, showing the Stochastics at 100.00 levels.

So, I ended up getting into a Sell Trade at 1.3178 with a stop loss of 100 pips, and a take profit of 20;
also another cover up order of 1.3228, with the same stop loss and take profit strategy.

Luckily, the trades sang in my direction, and I ended up making a profits on my cover deal, so I moved my stop loss on the same to the buy levels only for the same. Therefore, I moved the take profits level on the first trade to the same buy levels.

So by this methodology, the cumulative profit for both of my orders will be 50 pips....

Will update once that gets done !!!

Happy Trading...

Trading Signals for Thursday, March 14, 2013

Hi,

Today only I realized that I am posting after a gap of more than a week. I am sorry, but I really cannot help it. Whatever I do, I only think of 8th of February only as the date of reference. I know there is absolutely no point in doing that, but still I cannot escape from my mind, that always blames me for my father's death.

Anyway, getting back to the business of trading, I ended up posting today because I realized that another long entry of Eur/Usd ended up in a loss. Though, in a half-loss, since it had crossed the 100 pip mark.

So, my last order entry was another in the list of losses that I have been accumulating since the date of my father's death. Exactly 8th of February was the day when I had a good profit, and I had then never realized that that particular day will always remain a day of loss and extreme grief for me to bear all my life.

Please forgive me for always drifting to the dark side of my personal life; and please have a look at the following:

I am currently having an open long order on Eur/Usd at 1.2949, with the stop loss of 100 pips, and a take profit of 300 pips.

Further, these are the entry orders placed at my end:

Buy EUR/USD at 1.2899 for 300 pips, with a stop loss of 100 pips
Buy EUR/USD at 1.2849 for 300 pips, with a stop loss of 100 pips 

Happy Trading and please do not die !!

Trading Signals for Wednesday, March 6, 2013

My entry order about which I mentioned on Monday is still open and in profit as of now. To be on the safer side, I have kept a limit order as follows:

Buy EUR/USD at 1.2949 for 300 pips, with a stop loss of 100 pips

Happy Trading and a Happy Life !!!

Trading Signals for Monday, March 4, 2013

Do not know what happened with my trading account all this while, all I know is that there is an open buy order as follows:

Buy EUR/USD at 1.2999 for 300 pips, with a stop loss of 100 pips

Happy Trading and a Happy Life !!!

Trading Signals for Monday, January 28, 2013

The start of the last week of the month is today. Looking at the daily charts, it seems that the start of a bear run has begun for the Eur/Usd pair. Finally the long going bull run which started post the pair hit the lowest lows in the month of August is coming to a halt. So, for the current scenarios, the trades for the pair are as follows:

1. Sell at 1.3461 for 300 pips, with a stop loss of 100 (3:1 ratio of profit: loss)
2. Sell at 1.3501 for 300 pips, with a stop loss of 100

The first entry order has already triggered and showing a profit of 10+ pips currently.

All the very best.

P.S: Currently no forecast for the commodities, as the data seems confusing, so better not to get in.