Forex Minute Trade Plan – FX Signals 07/05/2014

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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: 1.3929
Outlook: bullish.
May buy again now. But small correction is due.
SL 1.38880

GBP/USD

Outlook: Bullish.
Current Price: 1.6965
Buy again with Tight SL.
SL 1.6940

Xau/Usd (Gold)

Current Price: 1308
Overall outlook: bullish consolidation
Buy again now at dips with tight stop loss.
SL at 1295
Sell below 1292
S&P 500
Current Price: 1873
Cash yesterday’s sell profit.
Sell again below 1863
SL 1872
DOW JONES
Current Price: 16453
Cash yesterday’s sell profit.
Sell again below 16400
SL at 16500
APPLE

Outlook: Rangebound
Current Price: 596
Sell below 592
SL 602
Buy again above 602
GOOGLE

Outlook: Bearish
Current Price: 511
Cash sell trades profits.
Good to sell below 525
Btc/Usd

Outlook: bullish consolidation
Current price: 426
Buy above 433
Sell again below 419