A good day for our Dow Jones signals subscribers, We asked them to sell this major index. US30 crashed and our subscribers exited at target. Here is what we wrote to our subscribers.
Sell DJIA index at 25260 with stop loss of 25390 for target of 25120.
DJIA crashed beautifully and made below our signal’s target. Our subscribers exited at 25120 and we fetched nearly 140 pips in this trade. We made approx $1400 profit per lot.
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Currently Dow Jones trading at 25160, A good support in DJIA stands at 25050, If market break and sustain below this level. Then expect pressure in wall street till 24920- 24800.
Resistance on DJIA chart stands at 25270, If traders break and sustain above our resistance. Then expect good rise in market up to 25390- 25490.
Dow Jones trend is weak despite good US data. Avoid major buying in US stock market. Currently its in consolidation mode.
A good day for our Forex signals subscribers. We asked them to sell our favorite fx pair of usd/jpy. It crashed despite strong US dollar. Our subscribers exited near our target. Here is what we advised our clients today.
Sell usd/jpy at 111.28 with stop loss of 111.61 for target of 110.80
We exited at 110.85 and booked profit of more than 40 pips in this trade. We fetched approx $400 profit per lot in this forex trade.
Currently Usd/Jpy trading below 110.80 and its in free fall mode since it broke 111. A good support on this forex pair stands at 110.40, If market break and sustain below this level. Then expect further pressure in usdjpy till 110- 109.70.
Resistance in this major fx pair stands at 111.05, If market break and sustain above our resistance. Then expect rise till 111.40- 111.80.
Usd/Jpy trend is weak for now.
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