Nothing on au. I do not speak on the subject that I am not qualified for. The analysis that we often see by specialist on every product is basically based on chart working, because application of chart working is same for every product (Jack of all, Master of none). My strength is my knowledge on subject. I always try to give my nest I accept that I cannot be right all the time. On Gold, wait for my new blog for clues. GL
Yes, Euro is a good SELL around 1.3440 especially for those that been following my blog, as they have already booked a profit of 75 pip, as I am looking for a test of 1.3385. For new position takers next key level to watch is 1.3485……More Later
Hi Taseen, in present times there are bigger issues and therefore economic data is of less relevance. Please go through my Weekly outlook that will give you bigger picture. However, US Dollar will make some more gains. Thanks
Hi Sir asad, yes wrong and fake decisions affects some times destroys entire account and damages partly but any how it's all the part of trading. Wrong trade happens but due to fake call wrong trade impact will be more. What i want to say is fake…
Umair Gold @ $1773.20 = Though hit the top o$ 1774, but needs to dip below $ 1768 or else could see test of $ 1779. I prefer to Long Gold, as I am not comfortable short today, hence buy on dips preferred as risk is for test of highs
Hi adede, I have one request that do not jump to trade for the sake of trade. Yesterday @ 1.3358 you asked me if you can go short Euro. I said no only @ 1.3345. You may have noted that I try to give entry at levels from where we have chance to make a comeback if caught wrong footed.
I always prefer safe level entry with little bit of patience. Now sometime you may be calling correctly, as I cannot be correct all the time, but I prefer entering at a comfortable level. Now it’s for you to decide entry level, I give signal and what I do.
As of now the risk has increased that Euro may test 1.3355 zones, so1.3350-55 is the comfortable levels with STOPS 1.3385. I would not prefer going short earlier until I am clear about the trend…..Thanks