raamraj

raamraj

Not seeing buying strength near term. More price drop expected.

raamraj

This is a low risk trade. Having a long position running.

raamraj

A stronger case to sell if price drops further

raamraj

Now... It is at a much better level to initiate the long awaited short of US Indices. Be prepared for a possible scenario of breaking above the previous high once again. So, how can we trade for such? Initiate half at this level and short again if it goes higher.

raamraj

Add another 1/2 position if it decided to break the low. Either way, the upside is very favorable.

raamraj

Don't get your fingers burned by shorting US indices right now. Let it move a little higher first.

raamraj

When the price starts to move higher quickly, then my second target will be valid. I also have a long position on USDSEK. Either of this can be a good trade.

raamraj

Personally I think GBPJPY has a better risk/reward

raamraj

Gone long

raamraj

This is a risk trade but the reward can be big. My stop is slightly below the low. If that is taken out, will wait for next best entry.

raamraj Updated 

Could see strong upside impulse if buyers could bring price above the moving average again

raamraj

Going long here

raamraj

Same setup as EURNZD. Just trade any one of the two to avoid taking double risk.

raamraj

Simple setup

raamraj

Better entry point compared to last week.

raamraj

I don't trade Indian stocks but this chart pattern is pretty straight forward. 770 is my target. Be wary in holding India stocks or indices for a long haul though.

raamraj

Gone long. Low risk trade.

raamraj

Take out some profit around 17.60