Most of the Asian close as Chinese new years begins and most of the action is from the Japanese finance ministry on Friday clarified a remark by Finance Minister Taro Aso that sparked a bout of yen buybacks earlier in the day, saying Mr. Aso had meant to say the yen's recent fall had been "fast-paced," rather than unexpected so it means G-20 in coming week will discuss this issue and all the market is in the tight ranges waiting for the clear break out ..we are sitting on the side line before entering in to mid term position try to day trade till it break outs --

Have a nice trading day ahead of you

Cheers !


EUR/USD (last 1.3387)

Support:
1.3349 (S1)
1.3288 (S2)
1.3206 (Major Sup)

Resistance:
1.3462 (R1)
1.3518 (RR)
1.3616 (RRR)

RANGE – 13366---13310—13478

STRATEGY

Trend

Short@13827 add 1Xx stop@138XX tgt for Sub (parked and waiting )

Day Trader

short@13527 Stop@13542 tgt 13438( parked and waiting )

Parked Orders

High Risk Trade

New buy@13319 stop@--- tgt open


CABLE (15777)

Support:
1.5666 (S1)
1.5580 (SS2)
1.5480 (Major Sup)

Resistance:
1.5764®
1.5836 (Res)
15940 (**Major Resistance)

Range 15762---15712--15877

STRATEGY SOS short on strength

Trend Side Bearish

Day Traders

PARKED ORDERS

Long@15662 stp@15637 tgt 15XXX

Mid term

Short again on spike----------open

High Risk Day trader

Long@15----

Short@15941 stop@15964 tgt 15766


March Yen (10808)

Support:
10722 (S1)
10666 (S2)
10595 (Major Sup)

Resistance:
10866 (R1)
10938 (RR)
11059 (RRR3)

Range -10744----10961—10722

MID term

Short@11136 stop@11174 tgt 10516.

Short term

Long@10723 stop@10708 Tgt 10844


Mar Swiss (10905)

Support:
10861 (S1)
10812 (SS2.)
10768 (Major Sup)

Resistance:
10973 (Res1)
11018 (RR2)
11077 (RES3)

Range of the day 10902----10955--10845

Strategy SoS

Day trade

Buy @

High Risk Day trades

Short @ 10978 stp@11017-- tgt 10918 (New praked)


MAR Futures Cad $ (9945)

Flat

Support:
9919 (S1)
.9891 (Sup2.)
.9845 (Major Sup)

Resistance:
10028 (R)
1.0119 (Res2)
1.0210 (Res3)

Range of the Day 9989---9890---10068

Day TRADER

Short @10188 stop@10216 tgt 10096

MID TERM TRADE

Dec future Short@10086 stop@10131 Tgt open

Buy/Long @9893 stop@98XX tgt =---(parked and waiting )


Ausie $ Mar (10265)

Support:
1.0227 (S1)
10195 (Sup2.)
1.0118 (Major Sup)

Resistance:
1.0341 (Res1)
1.0406 (Res2)
1.0447 (Res3)

Range for the Day -- 10273----10378---10234

Trend - Flat

Strategy

Short@10495 stp@10547 tgt 10213

Day trade

Long@10178 stop@10144 tgt 10316(New )


GOLD (1668.00)

Strategy SOS Short on strength

Support:
16662..6 (S1)
1642.4 (S2)
1628 (Major Sup)

Resistance:
1677.7 (Res1)
1701* (Res2)
1707.6*** (Res3)

Range of the Day 16669.7---1680-1658

High Risk Trader

Short@17XX Stop@17XXX Tgt 15XX (Longer term)

Short@1677.2 stop@ 1682.9.XX. tgt 1647(Parked and waiting)

Long@1612 add--- stop@1XXXtgt open

Strategy --- trade

Short@=-----waitnig for the clear break


SILVER Mar (3145)

Flat

Support:
3121 (S1)
3107 (s2)
3063 (Major Sup)

Resistance:
3182 (Res)
3237 (RR)
3339 (Major resistance)

31.48---3109--3182

Strategy

Short @3263 stop @3XXX tgt XXXX

Long@3023 stop@3008 tgt open

High risk Trade

Short@3187 stop@3209 tgt 3097


Mar ES (MINI Sp500) (1512)

Strategy (Sos) Short on strength

Support:
1493 (S1)
1475.8 (s2)
1448(Major Sup)

Resistance:
1517.7(R)
1529 (Major resistance)
1537 **********

Range for the day

1508.80---1525---1502

Strategy

High Risk trade Short@ 1528 stop@1534 tgt ----

New trade


Mar oil (9562)

Strategy

Support:
9510 (S1)
9445 (S2)
9367 (Major Sup)

Resistance:
9625 (Res)
9719 (Res2)
9860 (Major resistance)

Range of the day 95.86---9722--9467

Strategy

Mid Termn

Long@8955 stop@8XXX tgt ___(Parked)

buy@85XX add 84XX stp@83XX tgt for Subscribers only (partially filled)

High Risk Trade

Short@9774 stop@9802 tgt 9467 (New parked)

Long@ 9224 stp@9189 tgt 9445

New Long @9409 stop@9377 tgt 9597

Ranges for the other market

DJ 13920 ---14066 --13832

Nq 2758---2722---2809

Time line For -----short term cyclical projections

GMT

---GMT

For ---march

---- is minor turn cycle for the day