Showing posts with label january. Show all posts
Showing posts with label january. Show all posts

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.


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.
Related Posts Plugin for WordPress, Blogger...

AddThis