Sunday, 22 November 2015

XAU USD - is in SELL : STOPLOSS ; 1104.85 TARGET 1019.63

Stoploss discussion
1922
43.84062
10.61803 33.22259 1103.741 10.60894 33.23168 1104.345

Add spread ;0.50 stoploss is 1104.85

XAU - Revisit on Longterm ideas. Exit plan at 1019.63

Level 12 of high 1922  is 1013.50
Last recommended exit XAUUSD - Study posted on 19 nov is : 1013.8.

Now I have combined
Long, intermediate,short - targets and they are converge on price level of 1013.83.

0.0909 of 1013.83 is  1019.63 and it is the TARGET.


EURUSD : It is in Sell , Exit at 0.97362 Stoploss at 1.09196.( Note these are based on my platform prices.Tune to your broker)

Profit taking:

Few times I have seen that price  action stumbles at levels of  before reaching  0.1 target.
0.085409
0.090985
0.1

Exit plans :

Profit Target :1. Stoploss at 0.61803 : seems to be good, then
exit to be planned early,
Ideally it would be 0.382 of difference between level 0.090985 and 0.10 and that is 0.97342
plus spread 20 : 0.97362.




Saturday, 21 November 2015

Risks discussion.

EURUSD
Stoploss 1.09074
1 microlot Shorted at 1.07222                 Target 0.971
difference 0.01852           difference 0.10122
pipsize: USD 1 /100 pips 18.52 101.22
swap& wednesday char 0.015  p/day  0.015
nett charges 0.9      no of days:60 0.015
Nett risk 19.42              nett risk 0.9
           exp.profit 100.32

EURUSD : Can you read this ? Added new charts as I couldnt expand my previous chart posted.


EURUSD : Can you read this ?? Will move shorts to my final target with Stoploss moved to 1.09502.


Thursday, 19 November 2015

XAU USD - A STUDY.

Previous High : 1232

8.618 of My level is : 1235.

1235 is resisted  on a downtrend failing to reach level 8.

Recent high : 1191.40

9.236 of My level is : 1191.95.

1191.40 is resisted on a downtrend  failing to reach level 9.

Previous low is : 1077.

1077 is supported by level 11 of  1073.50.

QUARTERS always be turning points.

Hence level 11 cannot be turning point.

After 9, the Trend  turning point might be level 12.

So logically I am looking at level 12 for support.

Level 12 support is  1009.

I am adding cushion 4 $ and spread 0.5 $.

My target now is 1013.5.

Now I will discuss where we can enter our shorts.

Level 11 support and Level 9.236 resistance.

Obviously level 10 cannot be reached.

Ideal levels 10.618 , 10.382 might be strong resistances.

10.618 = 1098.40
10.382 = 1114.10.

Out of this I prefer 1114.10

When this is set, add cushion 4 $ and spread 0.5 $ (1114.10- 4.5) = 1109.6

Shorting level : 1109.6
Target : 1013.5

Stoploss discussion :

Level 10 is the stop.

1131.80 is level 10.118 Stop.

Add cushion 4 $ and spread 0.5 $ ( 1131.80+4.5) = 1136.30.

Now clear situation is

XAU USD :

Sell 1109.60 Target 1013.50 Stoploss 1136.30




nifty