Hi fellow traders
We are at the verge of some bigger drama which would be in last episode and MAY could be the month we see another drop in the Currencies and stock indices don`t fight the market but follow the trend we are at the cross roads where another decline is inevitable so try to enjoy that being on the right side of the market.
Wait and Watch!!
Euro 10690
Very short-term outlook: mixed with bearish bias
Short-term outlook: mixed
Now market is in recovery mood and could pull back towards 10800 ish on charts
Trade
Long@10522 stp@10493 tgt 10588
Short@10788 stp@10816 tgt 10622
Cable 14990
Very short-term outlook: mixed with bearish bias
Short-term outlook: Bullish
Trade long@14817 stp@14788 tgt 14942 ( day trade)
Short @15047 stp@15087 tgt 14906
GOLD 1186
Very short-term outlook: mixed with bearish bias
Short-term outlook: Bearish make or break 1161
The Gold make or break area is 1161.00 Hold it well and now any break above 1222 confirm the Bull is in control of the market
Trade
Day Trade
Long@1152 stp@1147 tgt 1182
Short @1196 stp@1201 tgt 1174 ( day trade means valid for the Day only )
NQ 100
Very short-term outlook: mixed with bearish bias
Short-term outlook: BEARISH
Short again@4462 add 4512 stp@4547 tgt 3984
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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