UPSIDE MOVEMENT IN EU SHALL COME ABOVE 1.1117...FOR THE TARGET AREA 1.1145--1.1165...
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01:35 Hrs--IST--14th July 2016-- Risky Traders(No risk ..No gain) can go long at current price 1.1095 with strict stoploss below 1.1065(30 pips-stop)...else safe traders ..don't want to risk any pips...then wait for EU to move above 1.1117 as shown above...Regards
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06:30 Hrs--IST--14th July 2016---Good Morning & Welcome to Asian Session--EU has made zero to little progress in upside direction....made session low@1.10875...Current Price- 1.10983...I am still waiting for the zone 1.1145--1.1165 -our target zone...before we start falling...Regards, Abhishek
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07:40 Hrs--IST--14th July 2016--EU started moving upside...current rate--1.1107. Regards, Abhishek
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09:10 Hrs-IST...EU made session high@1.1116...just a tick below from where safe traders were asked to go long for target zone 1.1145--1.1165...Current Price-1.1105---still..its not finished on upside...Regards
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11:15 Hrs-IST--Slowly & Steadily EU is inching towards target zone...Current Price -1.1116. Regards
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11:40 Hrs--IST--14th July 2016-- EU has topped @1.1122....We are closing our position here..& shall let go 10-20 pips more which I was expecting...Current Price--1.1115...Regards...
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11:45 Hrs--IST-14th July 2016-- Let us tighten our seat belts...EU if moves sharply down below 1.1100 that will be the sign that we have topped@1.1122...Regards
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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