AbhishekHSinghCMT
Long

EURUSD-- Missing Thrust (Indian Nifty - A Reason)

FX:EURUSD   Euro/U.S. Dollar
263 0 11
EU upside thrust was missing in Indian Session because ...If EU thrust would have happened in Indian Session...It would have taken Nifty             along with it ...up..up & away...so Indian Markets Now Closed...EU to up thrust in the zone 1.1245-1.1260 ...Can stretch till 1.1330--1.1350...shall complete E-wave in larger triangle ...& then down move in euro             ...likely if downside thrust then India Nifty             ...May God Bless ...Regards
Trade active: 21:45 Hrs..29th June 2016-- EU has started creeping upside...Our Key Level is 1.1048 & 1.0970...Likely we should close our position if EU goes below 1.1048...Current Price--1.1110..Regards
Trade active: 22:00 Hrs--29th June 2016-- EU should first travel into 1.1230--1.1240 zone & above it could stretch till the zone 1.1330--1.1340...Post Touching That Zone ...Once it starts falling & goes below 1.0970-key level --that is where we will go short & shall be confirmed & sell signal will become more strong when it even goes below 1.09119 Brexit Day Low... Regards,
Comment: I am reiterating that we have key level--1.1048 & 1.0970 ...breach of 1.1048 -we should close our position...& wait for clear direction..
Trade active: 20:30 Hrs ..IST--30th June 2016....EU is off from its high@1.1154....Our Conservative Target Did Not Reach...Pair has been moving in tight range...We will put stop@cost --1.1070...breach of that level we will close at no profit & going below 1.1050 --we shall flip our position for taking selling opportunities as per new update which I shall post. Current Price--1.1105........Regards, Abhishek
Trade closed manually: 20:50 Hrs--30th June 2016---Infact Book Partial Profit@1.1105--1.1100 & Exit Long Call.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
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