Trading Signals for Friday, May 02, 2013

Hi, Today happens to be an important day. Those of you who are familiar with the Forex Trading will already know why.

Today the non-form data would be releasing.

Therefore, it is the time to cash in some huge opportunities.

If I had to sum up the events of the day in 1 single word, it would have been the commodity rush.

Yes, today the time has come to stock up all the commodity as much as you can. Yes, but of course you should know with how much margins you can trade in, cause you never know. What if they take a step back and then propel towards the up-side!!!

So, as per your trading leverage, take a call and invest in Gold or Silver and see your profits rake in by the end of the day.

Trading Signals for Tuesday, April 30, 2013

Hi,

Today happens to be the second trading day of the week, and also the last trading day of the Month, but I still have not opened a single order for the day. It is because I am yet to witness a sharp trading signal for any of my favourite trading pairs.

Firstly, if I talk of the Eur/Usd, going by the 4 hour chart, a bearish trend seems to be forming. It can only be confirmed in few more hours from now. I am expecting the levels to reach somewhere up to the ranges of 1.2900 so that I can start a buy trade from there on. I know that the price very unlikely to go lower and lower, cause from the monthly charts, a bullish pattern has started showing up.

Also talking of the commodities, I seriously stay away from the allure of Gold. The said metal creates more holes in pocket than the midas touch it is known to bring on.

Though lately I have been thinking of buying Silver, since one of my brokers charges really less a margin for the same. For the same also I am waiting a little drop, then I might take a buy call.

Happy Trading...

Trading Signals for Tuesday, April 23, 2013

Hi,

I know I have not posted since a long time, probably it has been more than a week before that I posted anything here.

The reason is that I took a break from trading in the EUR/USD since that time.

As the opened entries had been open for more than a time frame of 15 days, so I closed them in whatever profits I had that time.

Precisely, it was +600 pips in the 2 long trades, and +50 pips through the short trades.

Actually, there was a profit of +200 pips, but I sadly made a loss of 150 pips, so the mere addition of 50 pips.

Anyway, I then made a request for the withdrawal to my broker, and since then I have been waiting for the pair to get to the levels I have been waiting for to get fresh with another round of long orders.

Precisely, at 1.2899...Let us wait and watch that together...