Gold futures trade in tight ranges during European trading hours on Wednesday, after encouraging factory from China indicate the country is in for a soft landing, and ahead of the FOMC we still wait for another bounce before going lower

wait and Watch

Cheers !


EUR/USD (last 1.2945)

Support:
1.2910 (S1)
1.2822 (S2)
1.2770 (Major Sup)

Resistance:
1.3008 (R1)
1.3088 (RR) 1.3146 (RRR)

STRATEGY

Trend Bullish till it is hold above 127XX on daily close basis

Short@13077 add 13133 stop@XXX tgt for Sub

Day Trader

Short@13047 add 13078 stop@13097 Tgt Subscribers

Parked Orders

High Risk Trade

Long@128XX Stop@127XX Tgt 12977


CABLE (16013)

Support:
1.5923 (S1)
1.5866 (SS2)
1.5770 (Major Sup)

Resistance:
1.6046®
1.6155 (Res)
16240 (**Major Resistance)

STRATEGY SOS short on strength

Trend Side Bearish

Day Traders

PARKED ORDERS

Long@158XX stp@157XX tgt 159XXX

Mid term

Short again on spike @16XXX Stop@16XXX Tgt open

High Risk Day trader

Short@16XXX Stop@16XXX Tgt For Subscribers


Yen (7978)

Support:
78.90 (S1)
7808 (S2)
7766 (Major Sup)

Resistance:
8036 (R1)
8090 (RR)
8160 (RRR3)

Trend – Short term lower Mid Term Higher towards 8330

MID term

Long @7802 stop@7756 tgt open (Filled and open)

Side line for now

BOD (Buy on dips for we are expecting a sharp rise towards 8330)


Swiss (9344)

Support:
9286 (S1)
9203 (SS2.)
9145 (Major Sup)

Resistance:
9452 (Res1)
9537 (RR2)
9606 (RES3)

Strategy Side Line

Buy/Long

(Futures swiss short@10846 add @ 10882 stp@10914 tgt 10735 adjust the stop@ 10924 Filled and open 19 oct amend the stop @108XX and tgt – Filled and tgt achived -)

Buy@10592 Stop@10568 tgt 10775 (Parked and Waiting )

High Risk Day trades


Dec Futures Cad $ (10076)

Flat

Support:
.10012 (S1)
.9977 (Sup2.)
.9902 (Major Sup)

Resistance:
10126 (R)
1.0199 (Res2)
1.0227 (Res3)

Day TRADER

Short@10286 stop@10311 Tgt open

Buy/Long @100XX stop@99XX tgt 101XX


Ausie $ dec (10281)

Support:
1.0224 (S1)
10167 Sup2.)
.10043 (Major Sup)

Resistance:
1.0344 (Res1)
1.0389 (Res2)
1.0435 (Res3)

Trend - Flat

Strategy

Side Line


GOLD (1708.00)

Strategy SOS Short on strength A deep correction around 1700 (As we Projected in Our Pervious post)

Support:
1702 (S1)
1683 (S2)
1661 (Major Sup)

Resistance:
1722.7 (Res1)
1736* (Res2)
1766*** (Res3)

Buy near 16XX zone stop@16XX. tgt 17XX

High Risk Trader

Short@1755 add 1763 Stop@1768.8 Tgt 17XX and 2nd target is 17XX

Long@1704 stop@1698.3 tgt 1728( Filled and Open –Stop adjusted to entry)


SILVER (3195)

Flat

Support:
3132 (S1)
3087 (s2)
3012 (Major Sup)

Resistance:
3256 (Res)
3335 (RR)
3469 (Major resistance)

Strategy

Short @3XXX stop @3XXX tgt 3XXX Aggressive Trader buy @31XX Stop@31XX Tgt XXX

Very High risk Trade

Short 3377 Stop@3409 Tgt 3187


ES (MINI Sp500) (1410)

Trend Flat

Strategy (Sos) Short on strength

Support:
1401 (S1)
1392 (s2)
1374 (Major Sup)

Resistance:
1422(RR)
1433 (Major resistance)
1448 **********

Strategy Short again @144X add 14XX Stop@14XXX Tgt 13XX(open and holding)

Buy@1XXX Stop@13XX tgt 14XX


Crude OIL OCT (8645)

Strategy

Support:
8645(S1)
8405 (S2)
8282 (Major Sup)

Resistance:
8860 (Res)
8988 (Res2)
9166 (Major resistance)

Strategy

Mid Termn

Short @9XXX add 9XXX stop@9XX9 Tgt 8X55 first ( filled and reached )

Short@9260 Stop@9299 Tgt 8922 ( Open and Holding , bringing the stop@9267 and now tgt for the Subscribers filled and offloaded)

buy@8XXX add 8XXX stp@8XXX tgt for Subscribers only

High Risk Trade

Time line For ----

time line for Subscribers of the services