G/U Prediction/Analysis Feb. 4 Опции

[myTradingWeek]

Our main resistance on GU today is the 5920 level…I look for more down today with a possible break of this strong support around 5850 and we can see 5750 by the end of the week….so a short from the resistance with a 20 pips stop and a 100+ limit should be a good risk ….Happy trading all…

[myTradingWeek]

Overview of Predictions May 12

Prediction: GU is still bearish with recent failures at breaking past highs….resistances are at 4970/75 and higher at 5040 and some resistance at 4930/35 area… supports at 4825/30 and lower at 4785/90 areas with a key level at 4690….Trend key level, scalp the rest…

Results:

1. Short @ 4970, DD: 15 pips; MP: 11 pips. This trade went into the green and then was stopped out for -15.

2. Short @ 5040, DD: 4 pips; MP: 215 pips. This was a scalp trade that moved alot and quickly as we wrote in our comments that GU had trouble at recent highs and failure at these levels could be a big move down. As this was also a scalp level we banked 30 pips.

3. Long @ 4825, DD: 7 pips; MP: 55 pips. This was a scalp that was closed for 30 pips at first sign of resistance.

Overall Profit/Loss: +45 pips

Pips this Month: +410 pips