Quotes with Resistance & Support
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Buy EUR/ USD - Book profits at 1.3075

Posted on: January 4th, 2013 at 10:32 am

Technically has strong support near 1.2970-1.2990 levels. One can enter at cmp: 1.3030 for a target of 1.3080.- (Book profits at 1.3075)

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6 Responses

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  1. Sohan Says:
    January 4th, 2013
    Posted at: 12:00 pm

    Hello CB,

    Thanks very much.

    I have booked profits in shorts yesterday for EUR / USD.

    Just entered this buy call at 13044,

    Can you please give your opinion on GBP / JPY shorts which I have entered 140.200

    Sohan


  2. ARJUN Says:
    January 4th, 2013
    Posted at: 10:47 pm

    thank u sir..


  3. CB Says:
    January 5th, 2013
    Posted at: 12:28 am

    Hi Sohan, Technically it does look a bit strong. try and enter another lot as long for now.

    Hi ARJUN, most welcome.


  4. Sohan Says:
    January 5th, 2013
    Posted at: 2:03 am

    Hi CB, Thanks very much.

    Can you please suggest a stop loss level.

    I have chosen 142.9. Please let me know your opinion.

    Thanks for EUR/USD call, I am trailing the SL, looking if the daily candle closes more than half way mark of yesterdays bearish candle. Because I still have opinion that 13000 level is very strong support.
    I hope next trading session could make "inside up" scenario.

    Sohan


  5. CB Says:
    January 5th, 2013
    Posted at: 2:04 am

    Hi Sohan, yes, this sl is fine. eur/usd seems could move higher. lets see. hold with trailing sl.


  6. Amit Says:
    January 24th, 2013
    Posted at: 8:43 am

    Pls start a thread for USDINR futures & Options for Currency Derivative Segment also. If already exists, pls pass on the link.
    thanx


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