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Trade Recommendations: March

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Thursday 26 July 2012

Global Market Recommondations


Global Market Trade Ideas:

17th September 2012: Sell Dax Futures at 7400 with SL at 7474 Target 7310, 7220
Click Here For Chart
Update 1: 1st Target achieved on 18th September (Low posted 7306)

21st August 2012: Sell Dow Futures at 13300 with SL at 13310 Target 13000 24th Target achieved, closed at 13025 (Low was 13010)

1st August 2012: Sell Dax Futures at 6800 with SL at 6860 Targets 6750, 6700, 6570. Click here for Technical Analysis
Update 1: 1st Target achieved, Trail with SL Low so fat 6720
Update 2: 2nd Target achieved
Update 3: 3rd Target achieved on 2nd August 2012

27th July 2012: Sell Dax at current price of 6795 with SL at 6865 for targets 6680 and 6580 Click here for Technical Analysis

27th July 2012Sell Dowjones Futures now at 12940 with Stop Loss at 13070. Target 12850 and 12750. High Risk Trade as technicals do not support as Moving Averages do not support this trade.  Click Here for Technical Analysis

11th July 2012Buy Dowjones Futures now at 12575 with Stop Loss at 12530
Update 1: Move the Stop Loss (SL) to Break Even (BE) Current price 12629, High 12649

12th July 2012Buy Dowjones Futures now at 12450 with Stop Loss at 12430
Update 1: Move the Stop Loss (SL) to Break Even (BE) Current price 12552(Note:First resistance point)
13th July update: Dow futures respected this 12552 resistance area, sustained break above this has target of 12640 and 12730. Please use discretion to book profit at appropriate level.Add one more lot here now at 12550 with SL at 12540
Update 1: Move SL to BE, current price 12565 2)
First target of 12640 achieved.
17th July Update: 2nd Target of 12730 is also achieved, high so far is 12759.
Update: High achieved on DOW is 12935!
17th July update: Close both the positions

17th July : Initiate a SHORT position now at 12750 with SL at 12815. Check Technical Analysis on Dow dated 17th July at the following post.
Update 1: Move SL to BE (Current price is 12715)
Update 2: Dow reached first support of 12700 book profit here or wait for break with BE as SL.

18th July II TradeInitiate a SHORT position on DOWJONES now at 12931 with SL at 12965. Check Technical Analysis on DOW dated 18th July at the following post. Click Here
Update 1: First target of 12850 achieved. (Current price is 12840)
Update 2: Current price12805
Update 3:Second target of 12750 achieved. (Low so far is 12750)
Update 4:Second target of 12750 achieved. (Low so far is 12620)
Update 5:Third target of 12500 achieved

19th July: Initiate a LONG position on DAX now at 6686 with SL at 6670. Check Technical Analysis on DAX dated 19th July at the following post.
Update 1: Current price 6703 move the SL to BE
Update 2: Trailing Stop hit at BE No profit/loss in this trade
19th July II Trade: Initiate a LONG position on DAX now at 6633 with SL at 6590. Check Technical Analysis II on DAX dated 19th July at the following post
Update 1: Dax hit an high of 6795 on 27th July

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