Trading Signals Manual

Trading Signal - 21 / 02 / 2017 - 10:00 (GMT +2)

Instrument: EURUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close 1.0578

Change -0.35 %

Current 1.0578

52 Week High 1.1535

52 Week Low 1.0395

30 Days ATR 0.0065

40 Weeks ATR 0.0141

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

Position Entry SL

1.0550 1.6000 The TP1 has been reached. We closed 50% of our
60min
position and have moved the Stop loss at the lock SHORT 1.0600 1.0600
CHART
1.0520 1.0630 in profits level (1.0600). Provided the market
Downwards
conditions will remain the same the TP2 will be Trade P. TP1 TP2
Next 3 Days Strong
1.0470 1.0680 reached soon.
Neutral Medium 1.0580 1.0550

Position Entry SL

240min 1.0530 1.0680 A Medium probability, entry signal to go SHORT

CHART was given at 1.0590 after the market found SHORT 1.0590 1.0680
1.0510 1.0740 resistance at 1.0680. Only the upward break of
Downwards
Next 3 1.0680 would cancel the bearish scenario and Trade P. TP1 TP2
Strong
Weeks

1.0420 1.0850 take us LONG.
Oversold 1 Medium 1.0530 1.0420

Position Entry SL

Daily 1.0450 1.0850

The market is testing support at 1.0450. We are
CHART BUY - -
waiting to see reversal signals in order to reinstate
1.0300 1.1000
Next 3 Downwards LONG positions. Next important support the
Trade P. TP1 TP2
Weak 1.0300 level.
Months 1.0150 1.1190

Oversold 1 - - -

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investment research.

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