You are on page 1of 2

 Trading Signals Manual

Trading Signal - 04 / 01 / 2019 - 16:00 (GMT +2)


Instrument: AUDUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close 0.7045

Change 0.55 %

Current 0.7044

52 Week High 0.8114

52 Week Low 0.6994

30 Days ATR 0.0053

40 Weeks ATR 0.0096

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

Position Entry SL

0.6840 0.7080
60min The market is testing resistance at 0.7080. We are
SELL - -
CHART waiting to see reversal signals in order to reinstate
0.6740 0.7140
· Downwards SHORT positions. Next important resistance the
Trade P. TP1 TP2
Next 3 Days Weak 0.7140 level.
· 0.6590 0.7240

Neutral - - -

Position Entry SL

240min 0.6840 0.7080


The market is testing resistance at 0.7080. We are
CHART SELL - -
waiting to see reversal signals in order to reinstate
· 0.6740 0.7170
Next 3
Downwards SHORT positions. Next important resistance the
Trade P. TP1 TP2
Strong 0.7170 level.
Weeks 0.6580 0.7310
·
Overbought 2 - - -

Position Entry SL

Daily 0.6740 0.7130


CHART Waiting for a retracement higher towards the SELL - -
· 0.6550 0.7230 0.7130 resistance level in order to reinstate
Next 3 Downwards
SHORT positions. Trade P. TP1 TP2
Strong
Months 0.6340 0.7360
·
Neutral - - -
Legal Disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility
for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this
information. Consequently, any person acting on it does so entirely at their own risk. The research and analysis does not involve any specific investment objectives, financial
situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of research,
and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to
take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all
reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence,
which requires our employees to act in our clients’ best interests and to disregard any conflicts of interest in providing our services. CFDs are leveraged products. CFD trading may
not be suitable for everyone and can result in losing all of your invested capital, so please make sure that you fully understand the risks involved.

No. 5 Cork Street, Belize City, Belize, C.A

You might also like