Faysal Amin
Mind Vision Traders
Dragghi in the Policy Stance said that May NOT Be Affected By Continued Euro Rise so market reacted for a while and then back to normal trading range nothing news everything is already discounted by the markets and now We are near the bottom in the Gold and top is in Euro so hop the tide is turning Soon may be by early next week
Cheers
EURO Last (13826)
Strategy (SOS)
(mid term) flat
Day Trade
Short@13848 Stop@13867 Tgt 13786
Long @13739 stop@13718 tgt 13806
GOLD Last (1284)
Price could drop around 1273 area
strategy BOD till it break below 1264 Mid Term
Long@1273 add 1266 [email protected] target 1302 (New Parked position)
Short again 1318 add 1321 [email protected] tgt 1302 (New Parked)
Day Trade Short
Long@ 1273 [email protected] tgt 1301
Make or break for the other pairs
Sp 500 make or break 1857* and 1888 **
Other markets to watch is Oil
Make or break 10043 if break below 10018 then wait for 9947 to go long with tight stops
Silver Make or break area 1913
Cable area 16722 make or break
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETIEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK AND NOHYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTANL LOSSES OR TO ADHERE TO A PARTICULAR TRADINGPROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULT
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Gold trades in positive territory above $2,380 on Thursday. Although the benchmark 10-year US Treasury bond yield holds steady following upbeat US data, XAU/USD continues to stretch higher on growing fears over a deepening conflict in the Middle East.
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