Monday, 10 September 2012

Trade for Today


Except  Crude oil and Eur/Jpy probably all trades hit stop on Friday as I was expecting bad job data for US and dollar appreciation but job data didn't gone well with USD as market become very optimistic for stimulus from fed.Following are trade for today,
  • Buy  Gbp/Usd at 1.5955 stop below 1.5900 target 1.6045/6120
  • Buy Aud/Usd at 1.0335 stop below 1.0270 target 1.0400
  • Sell Usd/Cad at 0.9795 stop above 0.9835 target open
  • Sell Gold at 1745 stop above 1753 target open or 1715 ( 2 to 3 days )
  • Sell Oil at 96.65  stop above 97.50  target  94.60/80
  • Buy Dax at 7165 stop below 7120 target open

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