Eurusd daily trading levels

[prasanna316]

This thread will advise daily trading levels of EURUSD, i.e. Trend, Buy/Sell level, Stoploss level, Take Profit Target. Though it is specifically for EURUSD, I will also advise on other pairs, if specifically asked by any one.

The thread will also track the performance of the advise on daily/weekly/monthly basis.

The thread will also calculate the virtual profit/loss on a $1000 virtual account.

Have a great forex day

Prasanna
kaabulee@gmail.com
8895335423

 

[prasanna316]

Levels for 25th Aug'2014

Trend - Down

Sell: @ 1.3260

Stop Loss : @ 1.3283

Take Profit Target: @ 1.3220

Risk Reward Ratio : 1:1.74

 

[prasanna316]

Levels for 25th Aug'2014

Trend - Down

Sell: @ 1.3260

Stop Loss : @ 1.3283

Take Profit Target: @ 1.3220

Risk Reward Ratio : 1:1.74

Trade Result on 24th Aug 2014

No Trade

Levels for 25th Aug 2014

Trend: Down
Sell : @1.3213~1.3228
Stop Loss: 1.3230
Take Profit: 1.3183 and below
Once it reaches 1.3183 go for trailing Stop Loss.
Happy Trading Day
Prasanna

 

[fxstrategist]

nice. thanks for the info.

 

[prasanna316]

Trade Result on 25th Aug 2014

No Trade

Levels for 26th Aug 2014

Long Term Trend: Down
Short Term Trend: Up
Buy: @ 1.3197~1.3204
Stop Loss: 1.3189
1st Target: 1.3210~1.3216 (Sell 50% of your holding)
2nd target: 1.3289 ~1.3297 (Sell another 25% of your holding. Raise your Stop Loss to 1.3272)
3rd target: 1.3338 (Sell another 10% of your holding.Raise Stop Loss to 1.3288)
4th Target: Anywhere between 1.3481 to 1.3572
Time of posting this message: 9.00 hrs IST
As the pair is already hovering near 1.3204, I have taken position in the pair with stop loss level 1.3189
As risk to capital is 2%, my lot size for $ 1000 is 1 mini lot

Remember minor resistance @1.3250 and then major resistance @ 1.3350. Hence you may book full profit @ 1.3338


Thanks
Happy Trading Day
Prasanna

 

[prasanna316]

Trade Result on 25th Aug 2014

No Trade

Levels for 26th Aug 2014

Long Term Trend: Down
Short Term Trend: Up
Buy: @ 1.3197~1.3204
Stop Loss: 1.3189
1st Target: 1.3210~1.3216 (Sell 50% of your holding)
2nd target: 1.3289 ~1.3297 (Sell another 25% of your holding. Raise your Stop Loss to 1.3272)
3rd target: 1.3338 (Sell another 10% of your holding.Raise Stop Loss to 1.3288)
4th Target: Anywhere between 1.3481 to 1.3572
Time of posting this message: 9.00 hrs IST
As the pair is already hovering near 1.3204, I have taken position in the pair with stop loss level 1.3189
As risk to capital is 2%, my lot size for $ 1000 is 1 mini lot

Remember minor resistance @1.3250 and then major resistance @ 1.3350. Hence you may book full profit @ 1.3338


Thanks
Happy Trading Day
Prasanna

I had taken position @ 1.3205 and squared off @1.3209 as price retraced from 1.3213. Now I am waiting for the price to cross 1.3216. My profit is $ 3.8. Cumulative balance $1003.8

Thanks

Happy Trading Day.

 

[prasanna316]

I had taken position @ 1.3205 and squared off @1.3209 as price retraced from 1.3213. Now I am waiting for the price to cross 1.3216. My profit is $ 3.8. Cumulative balance $1003.8

Thanks

Happy Trading Day.

Now I have taken a short position @ 1.32086. My initial target is 1.31966 and Stop Loss is 1.32176. Lot size is 2 mini lot.
Risk to reward ratio is 1:1.3
Happy trading Day
Prasanna

 

[prasanna316]

Now I have taken a short position @ 1.32086. My initial target is 1.31966 and Stop Loss is 1.32176. Lot size is 2 mini lot.
Risk to reward ratio is 1:1.3
Happy trading Day
Prasanna

I have booked partial profit @ 1.31971, profit of 12 pips ($ 11.5). Cumulative balance $1015.3. Stop Loss has been revised to 1.32076.

 

[prasanna316]

Closed my trade @ 1.31996. Profit of $ 9.00. Cumulative balance $1024.3. Sitting idle. If price trades above 1.3206 then I will take long position. If price goes below 1.3196 then I will take short position.

 

[prasanna316]

Closed my trade @ 1.31996. Profit of $ 9.00. Cumulative balance $1024.3. Sitting idle. If price trades above 1.3206 then I will take long position. If price goes below 1.3196 then I will take short position.

As price passed 1.3206 I took long position @ 1.3209. My Stop Loss is 1.3194 and initial target is 1.3289, I will trail my stop loss. My lot size is 1 mini lot.

Happy trading Day