Faysal Amin
Mind Vision Traders
All the commodity prices are tumbling Gold , silver but oil prices drop more then 20 percent and revive concern that the Fed will be slow to meet its 2 percent target. Oil is poised for its biggest monthly drop in almost seven years on speculation that slower economic growth in China will reduce demand as China Stocks are ready to drop sharply and might be concern for the other leading world economies how to handle the Melt down and China 2nd largest economy too Big too Fail or currencies war is beyond border and investor will learn the lesson where to invest and what to look for !!
Wait and Watch!!
Euro 10968
Very shortterm outlook: mixed with Bullish bias Shortterm outlook: mixed projected tgt 11046 (if break above 11184)
Now market is in recovery mood and could pull back towards 11040 ish on charts
Trade
Short @11052 stp@11078 tgt 10886
Long @10757 stp@10726 tgt 10875 (day trade Good till IMM Wednesday Opening)
Cable 15601
Very shortterm outlook: mixed with Bearish bias Shortterm outlook: Mixed
Trade long@15406 stp@15378 tgt 15546 (Good till Thursday IMM Close)
Short @15647 stp@15677 tgt 15472 (Day Trade)
GOLD 1091
Very shortterm outlook: mixed with bearish bias Mid Term 8 Weeks Shortterm outlook: Bearish make or break 1071
The Gold make or break area is 071.00 Hold it well and now any break above 1107 confirm the Bull is in control of the market
Trade
Day Trade
Long@1072 stp@1064 tgt 1102
Short @1122 [email protected] tgt 1104 (Valid till Thursday Close)
NQ 100
Very shortterm outlook: mixed with bearish bias Shortterm outlook: BEARISH
Short @ 4612 add 4628 STP@ 4637 tgt 4488
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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