EURUSD-- 20 pips Bang On..Double Top in the zone 1.1126--1.1129

FX:EURUSD   Euro / U.S. Dollar
76 0 4
As per the short term update "EU--Upside resumes above 1.1117"...Comment section update...Risky Traders were asked to take long@1.1095...We closed manually@1.1115...Session High was 1.1129....Making 20 pips...

As per long term update-"EURUSD--Wedge Action Part-4"....In the Chart...A2--C2 both have formed double top ...If EU falls further in the zone 1.1080--1.1085 zone & bounces back & fails to take out the high@1.1129...In that case...We will take short positions keeping a tick stop above 1.1129....Are we going to start 3rd of 3rd ...Have patience & Let us wait & watch....

Current Price--1.1108

Regards, Abhishek             H.Singh, CMT
Trade active: 15:00 Hrs -IST--14th July 2016-- IF EU dips below 1.1090...let us be ready to take short...with stop above 1.1129 (2-5 Ticks Above)....Target shall be 1.1045...Initial Short Term Target....
Current Price--1.1112.......Regards, Abhishek
Trade active: 18:50 Hrs--IST--14th July 2016....Hope so ...short was taken very close to 1.1188....EU just made a high@1.1164...Our Risk Reward could be excellent.........I have been telling this for quiet a while from previous updates. Current Price--1.1112.......Regards,
Trade active: 19:00 Hrs-IST--14th July 2016--EU never dipped below 1.1090 for us to take short as per 15:00 Hrs Update.....But I have been telling this for long time that if EU comes close to 1.1188...which it did by making a high@1.1164...Our risk reward shall be excellent...as we shall lose only 25-30 pips...going above 1.1188 shall violate the structure....Regards
Trade active: 19:20 Hrs-IST--14th July 2016-- Current Price-1.1110--If you missed to take short (Don't worry) in the zone 1.1145--1.1165 (Zone was updated long back) & even suggested that our risk reward will be excellent ..we shall lose 25-30 pips if goes above 1.1188(crucial resistance)...If EU bounces in the zone 1.1135--1.1145 ( look to take short but keep tight stop of 2-5 ticks above 1.1188)..Regards,Abhishek
Trade active: 22:55 Hrs--IST--14th July 2016-- EU bounced from 1.1110...to recent high 1.1129...Current Price -1.1123....I expected 1.1135--1.1145...We should self 50% here ...50% if we get the range 1.1135--1.1145 or if breaks recent low@1.1098...Regards, Abhishek
Trade active: 00:15 Hrs--IST-15th July 2016-- Ideally 1.1135--1.1145 which is 61.8% retracement of current fall from 1.1165 to 1.1098--Looks good selling range..else we have sold 50% in the range 1.1125--1.1130 just an hour back & 50% to be sold only below 1.1040 --incase there is sudden fall(as compared to selling below 1.1098-this is slight change) or cover 50% short trade in the range 1.1092--1.1098 & wait for the bounce in the zone 1.1135--1.1145 to re-enter short again but with strict stop loss 2-5 ticks above 1.1188..Regards, Abhishek
Trade active: 10:15 Hrs-IST--15th July 2016---EU bounced touched the desired zone 1.1135--1.1145 for taking shorts...Current Price--1.1129...Regards, Abhishek
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
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