Wednesday, 18 July 2012

Trade for Today

Reason behind Monday's call on Eur/Usd and Usd/Chf not to put stop loss is I was expecting heavy volatility because of Bernanke testimony  but I believe we should still long on Eur/Usd and Usd/Chf  apparently there was no good trade yesterday .Following are trade calls for today,
  • Buy Eur/Usd at 1.2245/50 stop below 2180 target  2350/70
  • Sell Usd/Chf  at 0.9790 stop above 9820  target 9730/40 .
  • Sell Aud/Usd at 1.300 stop above 1.0340 target 1.0235/40
  • Sell Usd/ Cad at 1.0165  stop above 1.0185 target 1.0070
  • Buy Gold at 1576/77 stop below 1563 target 1587/89
  • Sell Aud/Eur 0.8390 stop above 0.8430 target 0.8335
  • Sell Oil at 89.80/90. stop above 9090 target 88.50/87.50
  • Buy Dowjones at 12745 stop below 12680 target 12830/880

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