Price Action Trade Forecast for EURINR USDINR and JPYINR
I have seen that from last month Gap up and Gap down in Currency is more.It seems to be volatility in currency is increased as seen in the daily price chart of currency. See the daily chart of USDINR on 15th December you will find a big move in it. As of today on 15th December due to more buying pressure I am in Positional call in EURINR USDINR and JPYINR as per my Price Action Signals for long Position.I am in a Long Position for tomorrows Position, I will square off my trade tomorrow. I will Book 30 Points in EURINR 2o Points in USDINR and 20 points in JPYINR Tomorrow . I hope It might Gap up tomorrow at the opening bell of currency market.
Daily Price Chart of EURINR
Daily price chart of USDINR
Daily Price Chart of JPYINR
Daily price chart of Copper on 15th December
I will trade intraday tomarrow in Copper in short position only if it will break 409.30 . My target for this trade will be 2 points below my selling level and stop loss will be 1.5 points above the selling point
Daily Price Chart of Nickel on 15th December
Tomorrow I will intraday in Nickel in a short Position only if Nickel will break 1042.40 . My target for this trade will be 6 points below the selling level and stop loss will be 5 points above the selling level.
I will update the result tomorrow evening.
Updates of my yesterdays Positional trade set up in EURINR USDINR and JPYINR
Rocked.Woe ! what a great Gap up in EURINR USDINR and JPYINR as expected. I was in a Positional Call in long position in EURINR USDINR and JPYINR . Today was a big Gap Up in EURINR USDINR and JPYINR. I booked my target in the morning itself.Great trading experience in Currency.
See the Morning GAP UP of EURINR USDINR and JPYINR and wonderful smooth upward movement in the below daily price chart.
See the GAP UP and upward movement in EURINR on 16th December
See the GAP UP and Smooth Upward movement in USDINR on 16th December
See the Gap UP and Smooth Upward Movement in JPYINR on 16th December
Update of Price Action Forecast for yesterdays Nickel Trade
Woe Great downward movement of Nickel as I expected. As I mentioned in my yesterdays post for nickel that I will be in a short position if Nickel will break 1042.40 . My trade was executed and Nickel moved down as expected.I booked my profit of 6 Points. Good experience trading with Nickel. See the downward move in todays daily price chart of Nickel
Daily Price chart of Nickel on 16th December
Update for yesterdays trade in Copper as on 16 th December
Bang Bang Great downward movement as per expectation. I explained in my yesterdays post that I will be in Intraday Short Position in Copper if 409.30 Breaks.It was gap down, But I got my selling point 409.30 and my trade was executed and I booked the Profit of 1.5 Points . Great trading Experience with Copper.See the downward Movement of copper in the daily price chart of copper on 16th December.
Today as expected I booked profit in all the trades i.e in EURINR USDINR JPYINR Nickel and Copper. overall Great trading experience today.
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