Thursday, 20 September 2012

Trade for Today

Crude oil's move on Wednesday was horrific although rest all markets were trading on monthly/yearly highs perhaps market took Saudi news so seriously apparently  we were not expecting Oil to move higher but sudden  fall was shocking.Eur/Usd and Usd/Chf  did met target but Oil was bad trade.Following are 
trade calls for today,
  • Sell Gbp/Usd at 1.6115 stop above 1.6170 target 6110
  • Buy Usd/Chf at 0.9280/90 stop below 0.9240 target 0.9350
  • Sell Gold at 1764 stop above 1772 target 1754/55
  • Buy Oil at 91.50 stop below 90.50 target open 
  • Sell Dax at market  target 7250 stop above 7400

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