Buy EUR/ USD – Book profits at 1.2390

Quotes with Resistance & Support

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Buy EUR/ USD – Book profits at 1.2390

Posted on: August 6th, 2012 at 12:59 pm

Technically it has strong support at 1.2295. One can enter at cmp: 1.2359 for a target of 1.2385.

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10 Responses

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manivelan Says:
August 6th, 2012
Posted at: 2:53 pm
How I can know that when will you give forex tips to us.?
since we miss ur calls.
Sohan Says:
August 6th, 2012
Posted at: 3:35 pm
Hello CB,
Entered in this scrip in morning at 12361.
Sohan
CB Says:
August 6th, 2012
Posted at: 5:38 pm
Hi manivelan, usually post around 9-11am. once in 1-2 days.
Hi Sohan, book profit for now.
subramanivs Says:
August 6th, 2012
Posted at: 6:26 pm
Hi Sohan,
Shall i book profit at 12387?
subramanivs Says:
August 6th, 2012
Posted at: 6:28 pm
Hi CB,
Thanks cb,
I booked profit in it.
Sohan Says:
August 6th, 2012
Posted at: 7:52 pm
Hello CB,
I am still holding, it is making a new bullish channel and the upper side of channel is 12550, I am moving my stop loss also because I am cautious.
Lets see if it goes to because I have moves my take profit to 12550, i am taking a small risk, but if does not work i still will have a small profit.
Please give your opinion also,
Sohan
Sohan Says:
August 6th, 2012
Posted at: 7:56 pm
Hello CB,
My above opinion based on one analysis.
http://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2012/08/03/Euro_Strength_to_Extend_as_Commodity_FX_Trades_into_a_Top.html
Please see and please give your opinion.
Sohan
CB Says:
August 7th, 2012
Posted at: 2:00 am
Hi subramanivs, most welcome
Hi Sohan, :) ok. yes, its possible it seems some more upmove. near strong support levels.
avik Says:
August 8th, 2012
Posted at: 9:17 am
what to do with nifty?? can enter any PE??
dilip Says:
August 17th, 2012
Posted at: 6:23 pm
HI CB,

i want to purchase URO/ISD kindly provide me the rate with SL and target.