Forex Minute Trade Plan – FX Signals 16/04/2014

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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: 1.3840
Outlook is bullish.

Safe buying: Above 1.3860

Safe selling: Below 1.3764

GBP/USD

Current Price: 1.6804

Buyers minted money from yesterday’s signal. Can keep buy positions open, but a small bearish correction is due.

Further buying: Above 1.6629

TP 1.6856

XAU/USD (Gold)

Current Price: 1301
Overall outlook: Rangebound

Safe buying would be above 1310
With SL @ 1298

Sell again if price moves below 1291
SL 1303

S&P 500

Current Price: 1847

Buyers minted money from yesterday’s signal. Can keep buy positions open, but a small bearish correction is due.

Further safe buying: Above 1853

With SL @ 1834

DOW JONES

Current Price: 16345

Stay Long

Shift / move SL @ 16238

Sell: Below 16180

With SL @ 16290

APPLE

Outlook: Bearish

Recommended: To buy even though its risky, with SL at 509

Current Price: 517

Safe buying: above 526 and 532

GOOGLE

Outlook: Range

Current Price: 535

Buy: Above 542

TP 565 AND 595

SL @ 523

BTC/USD

Outlook: Rangebound

Current price: 500.1

For small profit: Buy above 505 for TP: 540 (As this TP hit today, yielded healthy profit from yesterday’ signal)

Safe buying: Above 575 level with SL @ 496 (also for long term and medium term)