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Friday, 18 March 2016
Thursday, 17 March 2016
GOLD : Update
TP2 Hit @ 1260 .... NET PROFIT = 1260-1228 = $32 = 320 PIPS
It's Called Clean and Perfect Reading .. 40 pips SL and Now 320 Pips Up
ENJOY Trading... Update me, If you have Traded ... Let Me know, who is Trading on my Analysis !!
Wednesday, 16 March 2016
GOLD : Update
GOLD .... BUY Triggered @ 1228, TP1 hit @ 1243 ....Now Moving around 1247
NET PROFIT 150+ Pips @ TP1
ENJOY CLEAN TRADE !!
NET PROFIT 150+ Pips @ TP1
ENJOY CLEAN TRADE !!
GOLD
I have received nearly 380 queries regarding GOLD in past 3-4 days, as usual all analysts finding the most probable downside targets for Gold and Most of the small traders are confused in the current situation.. Just Check the following chart :
I have mentioned 1222 in many of my Previous messages as a big time support, Below 1222... 1191-1188 will act as big support.. as of Now Gold is still in uptrend, No need to get confused and miss the opportunity, This is a Good Risk Reward Scenario.
BUY Trades can be initiated @ 1228 - 1230 levels with SL around 1224 and Take Profits at 1243 - 1260 and 1278 levels.
Trading Gold requires a good knowledge of commodity movements and enough trading capital to adjust the risk. Consult your Advisor and manage Risk Before entering trades.
For More Details Contact
WhatsApp : +91 8275 298 208
Monday, 14 March 2016
GBP/CHF
GBP/CHF
Although I don't track these pairs much, I can't stay away from a Good Setup..
The Pair has started moving in Downtrend since 19th Nov 2015. After hitting a High on that day, the pair started falling and formed a falling channel to continue..
The Pair Recently moved in an Express short term upTrend to reach the Falling Channel Resistance.
The 50 SMA moving Average is exactly matching the Resistance of the Channel and it is making the Resistance more strong to break. We may Sell the Pair close to the Resistance for a Good move Down.
The Pair GBP/CHF on H4 chart.. showing the Express trend has already finished and the short term Trendline support already break.. Now Testing the Short Term and Long Term Trendline Resistance for the Confirmation. Here again the 200 SMA is Working as a Tough Resistance at the current high.
The Resistances are Tough Now and it is always advisable to Sell the Pair for a Good Downside. Here the Risk Reward favors the downside.
Our Recommendation is :
SELL GBP/CHF @ 1.4190 - 1.4200 zone with a Stoploss around 1.4260 and Take Profits around 1.4070 - 1.3980 - 1.3880 and we may even see the pair well below 1.3800 - 1.3600
Risk of approx 80 pips and Reward of minimum 120 pips at First Take Profit and 300 pips at 1.3880 is a good deal. Consider your Risk appetite before entering the trade and calculate Lot sizes accordingly.
Don't complicate charts with complex indicators, keep it Simple. :)
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