Friday, 1 March 2013

Trade for Today

It was fantabulous Thursday after Dow hitting near all time high on 11 years high Chicago PMI we easily got entry for selling Dow as well S & P apparently S & P did achieve target and so do Dow ironically when stocks were going up Crude oil merely went above 93.00 and hit our entry point and when stocks fell at closing time it easily achieved our target which shows rattling weakness in Crude oil.
Following are trade calls for today,

  • Sell Usd/Chf at 0.9380 stop above 0.9430 target 0.9320
  • Buy Gold at 1579 stop below 1673 target 1689/92
For more info visit : www.cfb.ae

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