Faysal Amin
Mind Vision Traders
Now Important for the world largest economy to reach the growth target for the year cutting the rate for the sixth time and still not managing to boost the growth neither cut down the imports o this is Biggest challenge for the Economy now we believe the Stock indices near the Major make or break area like 2177 for Sp 500 is important and Gold might find the buyer soon may be one more dip below the pervious low.
wait and watch !!
EURO (10933)
Euro break below 10980 for sharp moves towards 10810 and then 102 area by end of this year but as long as it holds the 10781 area there is a chance of the small correction in the market
Day trade
Long@10808 stop@10768 tgt 10958
Short@11005 stp@11049 tgt 10833
GOLD (1118)
Gold trying to Find the Bottom we do expect break of 1100 towards 11074 possible in mid term
Day trade
Long @11082 add 1066 stp@1062 tgt 1125
Short @1167 add 1178 stp@118270 tgt 1135
Nassdaq break above the last traded high for the Year and yet have some room to reach 4792/4812 from here market Tide might turn
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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