Quotes with Resistance & Support
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Buy AUD/ USD – Book profits at 1.0247

Posted on: September 6th, 2012 at 10:02 am

It has corrected quite a bit in last few days. Technically is nearing support levels. One can enter at cmp: 1.0219 for a target of 1.0249.

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25 Responses

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  1. Sohan Says:
    September 6th, 2012
    Posted at: 11:00 am

    Hello CB,

    Good morning.

    Sohan


  2. CB Says:
    September 6th, 2012
    Posted at: 12:21 pm

    Hi Sohan, Good afternoon. hope you are doing well


  3. Sohan Says:
    September 6th, 2012
    Posted at: 1:31 pm

    Hello CB,

    I am fine. Last 2 weeks I had terrible losses with EUR/USD made by me and more by the copiers.

    Silver and gold are rocking.

    Can you please give me opinion also on Silver levels. Its reaching 33 at present

    Sohan


  4. CB Says:
    September 6th, 2012
    Posted at: 1:36 pm

    Hi Sohan, oh ok. silver does look overbought. can see some profit booking. can look to enter on dips


  5. Sohan Says:
    September 6th, 2012
    Posted at: 2:03 pm

    Hello CB,

    I have one EUR/USD open at 12559 and now it is 12625.

    Do you think it is wise to hold till 0630 PM Europe time for the speech.

    Shall I make new open in EUR/USD also.

    Sohan


  6. CB Says:
    September 6th, 2012
    Posted at: 3:27 pm

    Hi Sohan, no, would advice to book profits in it for now.could move either ways after the outcome of the meet.


  7. ARJUN Says:
    September 6th, 2012
    Posted at: 6:47 pm

    HI CB, SIR IS THE ADVT. ON THIS PAGE REGARDING FOREX ACC. IS RECIMMENDED BY YOU?


  8. Sohan Says:
    September 6th, 2012
    Posted at: 8:00 pm

    Hello CB,

    Yep booked at 12615, thanks very much.

    I would rather stay away during Draghi press conference or speech or something.

    Sohan


  9. dilip Says:
    September 7th, 2012
    Posted at: 9:15 am

    Hi CB,

    kINDLY PROVIDE ME euro/usd entry level and target with SL.


  10. CB Says:
    September 7th, 2012
    Posted at: 10:39 am

    Hi ARJUN, yes

    Hi Sohan, nice to hear that.

    Hi dilip, it does have strong resistance at 1.2670-1.2680. as of now don't go long it yet. can see some selling pressure on rise.

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