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Trading Signals Manual

Trading Signal - 21 / 12 / 2016 - 10:00 (GMT +2)


Instrument: EURUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close 1.0411

Change 0.22 %

Current 1.0411

52 Week High 1.1535

52 Week Low 1.0382

30 Days ATR 0.0086

40 Weeks ATR 0.0148

Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels

Position Entry SL

1.0350 1.0420 A Medium probability, entry signal to go SHORT


60min
will be given with the downward break of 1.0400 SELL 1.0400 1.0420
CHART
1.0310 1.0460 after the market found resistance at 1.0420. Only
Upwards
the upward break of 1.0420 would cancel the Trade P. TP1 TP2
Next 3 Days Weak
1.0250 1.0510 bearish scenario.
Overbought 1 Medium 1.0310 1.0250

Position Entry SL

240min 1.0300 1.0480


CHART A Medium probability, entry signal to go SHORT SHORT 1.0360 1.0480
1.0190 1.0540 was given at 1.0360 after the market broke the
Downwards
Next 3 support level at 1.0360. Trade P. TP1 TP2
Strong
Weeks 1.0020 1.0640

Neutral Medium 1.0300 1.0190

Position Entry SL

Daily 1.0290 1.0500 The TP2 was almost reached and the market is at
CHART risk of correcting higher. We moved the stop loss SHORT 1.0500 1.0480
1.0150 1.0670 at the new Lock in Profits level (1.0480). Provided
Next 3 Downwards
the market conditions will remain the same the Trade P. TP1 TP2
Strong
Months 1.0000 1.0900 TP2 will be reached soon.

Oversold 1 Medium 1.0440 1.0290

Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of
investment research.

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