Forex Minute Trade Plan – FX Signals 01/05/2014

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Note: Take Profit Levels are considered ideal at 15 pips, 30 pips, but a trader can cash his trades whenever he feels comfortable and happy with. 

 

EUR/USD

Current Price: 1.3860
Outlook: bullish.
Keep buy open
SL @ 1.3815

 

GBP/USD

Outlook: Bullish.
Current Price: 1.6867
Good buying: Above 1.6890
SL @ 1.6840

 

Xau/Usd (Gold)

Current Price: 1286
Cash your sell trades profit.
Overall outlook: Consolidation (bullish)
Safe buying: Above 1295
Selling again: Below 1280
Set pending orders, because NFP data would cause immediate volatility in the market.

 

S&P 500
Current Price: 1878
Cash all profit. Trade after NFP data. Or keep buy open if you take risk.
Shift SL from 1864 to 1878
Selling: Below 1868
Set pending orders, because NFP data would cause immediate volatility in the market.
DOW JONES
Current Price: 16557
Cash all profit. Trade after NFP data. Or keep buy open if you take risk.
Safe buying: Above 16580
Sell: Below 16440
Set pending orders, because NFP data would cause immediate volatility in the market.
APPLE

Outlook: Bullish
Current Price: 591
Not recommended to sell. Buy above 593

GOOGLE

Outlook: Slightly Bullish
Current Price: 531
Buy above: 535
TP Level: 555
SL 524
Btc/Usd

Outlook: bearish consolidation
Current price: 436
Don’t trade it.
Safe buying: Above 445 and 455