Wednesday, November 18, 2009

Trading today 18th of Nov 2009


1. Gold will be formed three mountains pattern.

Sell gold around triple tops 1143-1145 level. Cutloss above 1146 level.

Target 1133-1131-1128-1126 level.

2. Eur/usd can not break higher 1.5060 last few day
Sell Eur/usd 1.4920-35 level. Cutloss higher 1.4960 level

Target 1.4850-1.4820- 1.4805 -1.4790 level

3. Usd/jpy looks to test triple bottoms

Buy usd/jpy 88.70-88.80 levels. Stoploss below 88.50 level
Target 89.30 -89.60 level which should be reached over the next few day of this week.

4. Crude oil is not a fair game with some Western countries and US so far when the economy depression still remains .

Sell Crude oil future around 80.300-80.800 level. Cutloss higher 81.500 level
Target 78.300- 76.800 level.
Crude oil was traded in range from 75- 80 level but it will be test low 60-62 level till the end of this year.

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