And the FED's Day has finally come, on their decision today depends the direction of the price for the rest  of the year and the beginning of the next one. If we have a tapering start then you may enter SHORT for at least 400 pips, and if not then prepare for a test of 1.4000. I am not looking at the indicators today as they absolutely don't matter at all. The best strategy is to place positions with a small SL and trail stop, this will guarantee your good profit because the price moves with 80-100 pips for less than a minute and all orders are executed by the servers. GOLD is waiting silently for FED's decision, later today we may see some buying interest as uncertainy will grow.

For today:

LONG EUR above 1.3750 SL 1.3730 TP 1.3880-1.3940-1.3990-1.4020-1.4080-1.4110

SHORT EUR below 1.3730 SL 1.3750 TP 1.3660-1.3605-1.3570-1.3540-1.3510-1.3480-1.3430-1.3390-1.3330-1.3250-1.3170-1.3110-1.3060

LONG GOLD above 1240 SL 1234 TP 1260-1275 and above

SHORT GOLD below 1230 SL 1236 TP 1215-1200-1190

Good luck!

Views: 929

Tags: EUR, GOLD, USD

Comment by Khan Green on December 18, 2013 at 6:51am

Waiting for ur comments eagerly.

Regards

Comment by karuppiah on December 18, 2013 at 2:51pm

Hi Sir

What about Gold, If tapering Yes then will go up or down and what level

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