mohsinqureshii

I have heard of this word and tried to learn what is scalping but I am not succeeded yet - Can any one tell me what is scalping in easy words.

Hello Every one, I am trading Dowjones these days - I am trading SPOT US 30 and my broker is charging on average 60 $ per lot and he called it dividend to be paid again the future positions. Can you please guide me how it is being calculated and it is throughout the year ? It was never charged before but now a days its very much.

Well said I don;t know what happened to Silver these days its on a same channel and just like a turtle - but there is always a silence before wind comes so same is happening with it.

I am interested in trading futures but I am looking for some brokerage firm with low leverage like 1:100 and low commissions without overnight maintainance charges. Any recommendation please.

Normally I usually trade Spot but still it is a long time for a single trade - I don't know but Silver is the only product which always nervous me although I lose into but still can't stop myself trading into it ;-)

Trend Finder Indicator for Ninja Trader. Download the file. Install it your Ninja trader. Use it. HPTTrendFinder.zip

The kind of indicator that helps you with the routine work, marking the candlesticks on the chart with the names of the corresponding patterns (like doji or shooting star) where applicable. All you have to do is just to look if this chart pattern is bullish or bearish, check the general trend and decide your trading stance. Install Instructions 1. Download the file 2. Unzip using ZIP or RAR 3. Copy the mq4 file in the experts/indicator subfolder of your Meta Trader 4 installation folder. Japanese.zip

Hi Angry - Hello I hope you are not angry all the time ;-)

After trading for more then 5 years and watching the profit and loss of thousands of dollars , I think this is still a way to learn money - day before yesterday I traded in Silver and it wasn't moving at all - I was having a single trade into it and it took about 8 hours for a single trade going here and there and watching that trade when I thought I should quit with this trade although it was not giving me a lot of losses just 100 $ but I was tensed for a good 8 hours. I don't know how you people control such situation when the markets are not moving at all and you are having trade for a many hours and neither it goes into profits which are expected nor losses. I become emotional in these situations and I always loose.

3rd Generation Moving Average MetaTrader indicator — is an advanced version of the standard moving average (MA), which implements a rather simple lag-reducing procedure based on the longer MA period. The method was first described by M. Duerschner in his article Gleitende Durchschnitte 3.0 (in German). The presented version uses λ = 2, which provides the best possible lag-reducing. Higher λ increases similarity with the classic moving average. The indicator is available for both MT4 and MT5. It doesn't require using any DLL. Input parameters: · MA_Period (default = 50) — a period of the 3rd generation moving average. · MA_Method (default = 1) — method of the moving average. 0 — SMA, 1 — EMA, 2 — SMMA, 3 — LWMA. · MA_Applied_Price (default = 5) — applied price for the moving average. 0 — PRICE_CLOSE, 1 — PRICE_OPEN, 2 — PRICE_HIGH, 3 — PRICE_LOW, 4 — PRICE_MEDIAN, 5 — PRICE_TYPICAL, 6 — PRICE_WEIGHTED. Install Instructions 1. Download the file 2. Unzip using ZIP or RAR 3. Copy the mq4 file in the experts/indicator subfolder of your Meta Trader 4 installation folder. 3D Moving Average.zip

Do you trade actively - I wanted to know that what traders expert trading monthly , quarterly or yearly.

Bar Time will provide with a countdown for current candle/bar in a minute/second. starting over when a new candle/bar posts. Installation Instructions. In TradeStation, right-click a chart > Add Analysis Technique > Import ELD Wizard > Locate the file and install. Note that the bar timer needs time to sync – one full rotation before it begins to work properly. BarCountdownTimer.ELD

I would recommend you to Spread Co if you are looking for CFD's and Spread Betting

Do you know some place where I can get some specific research about metals especially Silver and Gold. What are your views on silver trading at 28.15

I started off trading in 2007 with 20 K in my hand - My broker instructed me not to trade with more then one mini lot and this would be the only way I will be successful and I started trading this way but as soon as I started earning good amount of money the greed factor came and I started trading with half lots and standard lots which infect gave me a good charm at start up but ultimately it went on the wrong side and I lost 75% of my portfolio within one week and then again I started trading as I started with ;-) I can say I am successful now. I would like you to share your views what was your initial time while trading and was you successful or unsuccessful and what percentage do you expect while trading on a yeatly basis.

Download Instructions. 1. Download and save the indicator .zip file into a folder that you'll remember (like the desktop or an indicators folder you've created). 2. Open NinjaTrader's Control Center > File > Utilities > Import NinjaScript 3. Find the .zip folder you downloaded in the first step and double–click it. Agree to any messages that pop up. 4. Open a chart > right-click the chart > Indicators > find DTTWNews2 on the list and double-click it > click OK 5. You should now see news events on the chart. Note that some days simply won't offer news events. You can test if the indicator is working by changing your Windows system time to a day and time that contained upcoming news events. Remember to restore your clock settings afterwards

It' an awesome indicator which uses forex factory calender for its data and it shows with news directly to ninja trader chart in advance. News events can create strong, sudden volatility in any market. Know when news will hit – use this indicator to see upcoming news directly on your NinjaTrader chart in advance. This is a must-have, especially for those operating with limit screen space, as the news events are plotted automatically on your chart. Note that the indicator does not account for unscheduled news events like severe weather, war breakouts, resigning CEOs, etc. The news event text intentionally plots behind price bars. You can also limit news events to US-only. If you'd like to move the news information around your screen, create a new chart just for this indicator, resize the chart window, and remove price data, axis lines, and all other chart items. You can then drag this floating news window over your primary chart. Download it from here. http://www.traderslaboratory.com/forums/attachment.php?attachmentid=30425&stc=1&d=1344440118 DTTWNews2dc.zip

EUR/USD The EUR/USD is trading in a pretty defined range in the 1.22 price level and touches 1.2300 levels to find its day’s high. The reason behind this narrow range movement is that traders are a bit confused about trading strategy, waiting for ECB to take actions, till that they don’t have any reason to take it in bullish way. Now their full attention and expectations are towards ECB monthly Conference going to be held on Thursday. The minutes of that meeting will help traders to build their trading strategy and will define a proper trend for Euro. Today Market is expected to move in that already defined range in the price level 1.22. Market is expected to move around 1.2292 putting its support at 1.2255 and resistance at 1.2337. Fundamentals to Effect Euro Chart Representation GBP/USD GBP price has fallen from 1.5700 price area to 1.5600 and is trading in this price level. Reasons behind the Sterling downfall is the bad economic conditions prevailing in UK, Low interest rate, lack of attention because of Olympics and lack of consumer confidence. The same conditions are expected to prevail unless BoE takes proper actions and sets proper monetary measures to save GBP from further downwards movement. Today Market is expected to move around a price appoint 1.5676 putting its support at 1.5623 and resistance at 1623.8 levels. Fundamentals to Effect GBP Chart Representation Gold Gold spent the whole previous day bouncing up and down as investors prepared for the upcoming FOMC announcement today, followed by the ECB on Thursday accompanied by the BoE. These factors may define the proper trend line for the gold and will help investors to make proper trade plans. Either if the market is not moving in some defined way but still the Gold has not crossed yet 1610 price level. But today it is expected market will even cross this support level finding new support level below 1610 but still above 1600 level. Today waiting for the FOMC announcements market will move in quite slow mood. Today Market is expected to move around a price point 1617.3 putting its support at 1607.5 and resistance at 1623.8. Fundamentals to Effect Gold Chart Representation Silver Silver is trading at 27.90 price area bucking the trend, as investors pre-positioned themselves before the FOMC statement on Wednesday and hopes of monetary stimulus from the US, which will be followed by the ECB on Thursday. Markets are hoping that the additional stimulus will boost the economies around the globe and silver will prosper from industrial and precious metals. Market is expected to move around a price area 28.07 putting its support at 27.79 and resistance 28.23 levels. Chart Representation Dow Jones Index Yesterday DJI moved down putting its support at 12933. And this down fall may be under the influence of USD index movement that made DJI moving down. If DJI crossed the 12900 level it may find its new support at 12850 levels. Overall a narrow ranged movement is expected today moving around 12978 putting its support at 12901 and resistance at 13023. Chart Representation Crude Oil Crude oil moved quite downwards putting its support at 87.31 levels in yesterday’s session. Today it may show a steady movement as the expected data from FOMC followed by ECB and BOE announcements may give oil a stimulus to boost up. Today Market is expected to move around 88.56 putting its support at 86.83 and resistance at 89.91 levels. Chart Representation Support and Resistance

EUR/USD Euro after making gain in last weekend is back to its downwards moving trend line as the effect of ECB’s Chairman is diminishing from market because the words ”whatever it takes to preserve Euro” are not followed by any strong action yet. And investors are coming back to their selling positions. If no actions are taken in coming few days it will lead the euro to fall again even below the level touched on 24th July, 2012 1.2050. Today market is expected to move on a bearish trend line unless some solid actions to save euro is not taken. Today Market is expected to move around 1.2264 putting its support at 1.2219 and resistance at 1.2302. Fundamentals to Effect Euro Chart Representation GBP/USD GBP was rising with no technical and fundamental reasons to rise under the influence of USD. But as this effect of USD is diminishing GBP is losing its worth in market. Apart from the USD effect, there are some factors also forcing GBP to move in a bearish trend such as the CBI data released yesterday is not in favor of GBP and is showing the weakness of UK economy. Same sort of sentiments were raised by the GDP data released previous week showing the weakness of currency and UK economy. The market will go down if not supported by weakness of USD as data with high impact is going to be released this week. Today Market is expected to move around 1.5710 putting its support at 1.5670 and resistance at 1.5749. Fundamentals to Effect GBP Chart Representation Gold Gold is moving in quite narrow range giving small loses and gains. As the market situation is not clear to traders so gold and other precious metals are considered as safe heaven. This impact is making the gold move above 1611 level, which is higher compared to previous few weeks. Effect of US data can made gold to move down but overall an upward trend is expected in a narrow range leading the gold to touch 1630 level. Today market is expected to move around 1620.4 putting its support at 1614.9 and resistance at 1626.6, once this resistance level is broken, gold may rise to touch 1632.1 levels. Fundamentals to Effect Gold Chart Representation Silver Silver rose about 0.52 in yesterday’s session, as silver’s move was more dynamic than that of gold. The reason behind this move can be interpreted as Central Banks around the globe are expected to this week and this stimulus may cause the silver to move up more speedily. Today market is expected to move around 27.96 putting its support at 27.72 and resistance at 28.38. Chart Representation Dow Jones Index The move recorded for DJI yesterday was in a very narrow range. It showed a little bit bearish trend but overall it sustained its price in the market. This little bearish trend can be interpreted as the result of US index showed a little Bullish trend yesterday. Today Market is expected to carry its bullish trend set from previous few days. Today Market is expected to move around 13018 putting its support at 12964 and resistance at 13054. Chart Representation Crude oil Crude oil was also moving on low notes yesterday. It can be considered a result of USD upside movement. As soon as the influence of Dollar is released oil will give a comeback to its uptrend movement. Today Oil Market is expected to move around 89.89 putting its support at 88.95 and resistance at 90.45 levels. Chart Representation Support and Resistance

EUR/USD The EUR/USD continues to gain momentum. Trading closed at 1.2300 on Friday. Overall Market was moving on higher notes. The disappointing US GDP although at forecast, leaves traders hoping for monetary stimulus from the Feds this week. As a lot of fundamental factors are releasing this week that would affect dollar and indirectly the euro price. Euro is expected to carry its move in this week, looking ahead into the coming week, markets are likely to remain on toes with some heavyweight economic data slated for release in terms of the FOMC rate decision and job numbers from the U.S. With Job market in the U.S still sluggish and hampering other indicators, market watchers would be fervently looking for the Nonfarm Payrolls data next week to take a better account of the labor situation in the world’s largest economy. Today Market is expected to carry its move around 1.2310 putting its support at 1.2232 and resistance at 1.2378. Fundamentals to Effect Euro Chart Representation GBP/USD The GBP/USD is trading at 1.5722, which is a very misleading number. The GBP has no support and no reason to be trading at such levels, except that the US dollar weakened so over the past few days. As the ECB President Draghi vowed to save the euro, the euro gained momentum pushing the greenback downwards. On Friday, the negative GDP print in the US also pulled the USD downward and the forecast of monetary stimulus this coming week from the Fed has again weakened the USD. In London, everyone is at the Olympics so no one cares about FX at the moment; they are all chasing other metals. As there is no reason for the euro to move up except USD downward movement, so today market move is quite unexpected, it may move down if the USD influence is diminished. Market move is expected around a price range 1.5718 putting its support at 1.5670 and resistance at 1.5771 Fundamentals to Effect GBP Chart Representation Gold Gold is trading at 1617.85 holding its gains from previous week starting as markets have shift the safe haven of the USD and the JPY to gold. As a result of USD price downward movement. Market has shifted his trend to invest in metals instead of crosses and stocks. Gold trend line is upwards moving and gold is expected to carry its movement even higher than last week’s ending day movements. Today Market is expected to move in price area around 1621.6 putting its support at 1614.5 and resistance at 1631.9. Chart Representation Silver Silver movements are somehow connected with gold movements. As the gold is moving on higher notes so is silver. Investors are considering these metals as safe heaven. Last week GDP coming out from US side was quite unexpected, that left the USD being weaker. Today Silver is expected to move around a price area of 27.65 putting its support at 27.47 and resistance at 27.95. Chart Representation Dow Jones Index Under the influence of upward moving market DJI is also moving upwards, as it has crossed the price level of 13000 on Friday touching 13061. It can be said that it is a result of dollar index downwards movement that has made DJI to move upwards. Today Market is expected to move around 12967 putting its support at 12873 and resistance at 13124. Chart Representation Crude Oil Crude Oil was largely ignored in Friday’s trading, holding at 89.50, as investors waited for the 2nd quarter GDP numbers. Although the print met expectations, forecasts were set so low, that the report was disappointing. The prior quarter GDP was at 2.0% and this quarter was revised to 1.5% which is a huge drop. With the US one of the largest consumers of crude oil, and a drop in growth to this extent, will force a downwards revision to crude oil consumption levels and demands for the balance of the year, pressurizing prices. So a steady move is expected in Oil prices. Today Market is expected to move around 89.92 putting its support at 89.40 and resistance at 90.71. Chart Representation Support and Resistance

EUR/USD The EUR/USD continues to gain momentum. Trading closed at 1.2300 on Friday. Overall Market was moving on higher notes. The disappointing US GDP although at forecast, leaves traders hoping for monetary stimulus from the Feds this week. As a lot of fundamental factors are releasing this week that would affect dollar and indirectly the euro price. Euro is expected to carry its move in this week, looking ahead into the coming week, markets are likely to remain on toes with some heavyweight economic data slated for release in terms of the FOMC rate decision and job numbers from the U.S. With Job market in the U.S still sluggish and hampering other indicators, market watchers would be fervently looking for the Nonfarm Payrolls data next week to take a better account of the labor situation in the world’s largest economy. Today Market is expected to carry its move around 1.2310 putting its support at 1.2232 and resistance at 1.2378. Fundamentals to Effect Euro Chart Representation GBP/USD The GBP/USD is trading at 1.5722, which is a very misleading number. The GBP has no support and no reason to be trading at such levels, except that the US dollar weakened so over the past few days. As the ECB President Draghi vowed to save the euro, the euro gained momentum pushing the greenback downwards. On Friday, the negative GDP print in the US also pulled the USD downward and the forecast of monetary stimulus this coming week from the Fed has again weakened the USD. In London, everyone is at the Olympics so no one cares about FX at the moment; they are all chasing other metals. As there is no reason for the euro to move up except USD downward movement, so today market move is quite unexpected, it may move down if the USD influence is diminished. Market move is expected around a price range 1.5718 putting its support at 1.5670 and resistance at 1.5771 Fundamentals to Effect GBP Chart Representation Gold Gold is trading at 1617.85 holding its gains from previous week starting as markets have shift the safe haven of the USD and the JPY to gold. As a result of USD price downward movement. Market has shifted his trend to invest in metals instead of crosses and stocks. Gold trend line is upwards moving and gold is expected to carry its movement even higher than last week’s ending day movements. Today Market is expected to move in price area around 1621.6 putting its support at 1614.5 and resistance at 1631.9. Chart Representation Silver Silver movements are somehow connected with gold movements. As the gold is moving on higher notes so is silver. Investors are considering these metals as safe heaven. Last week GDP coming out from US side was quite unexpected, that left the USD being weaker. Today Silver is expected to move around a price area of 27.65 putting its support at 27.47 and resistance at 27.95. Chart Representation Dow Jones Index Under the influence of upward moving market DJI is also moving upwards, as it has crossed the price level of 13000 on Friday touching 13061. It can be said that it is a result of dollar index downwards movement that has made DJI to move upwards. Today Market is expected to move around 12967 putting its support at 12873 and resistance at 13124. Chart Representation Crude Oil Crude Oil was largely ignored in Friday’s trading, holding at 89.50, as investors waited for the 2nd quarter GDP numbers. Although the print met expectations, forecasts were set so low, that the report was disappointing. The prior quarter GDP was at 2.0% and this quarter was revised to 1.5% which is a huge drop. With the US one of the largest consumers of crude oil, and a drop in growth to this extent, will force a downwards revision to crude oil consumption levels and demands for the balance of the year, pressurizing prices. So a steady move is expected in Oil prices. Today Market is expected to move around 89.92 putting its support at 89.40 and resistance at 90.71. Chart Representation Support and Resistance

EUR/USD The EUR/USD shot above 1.23 in yesterday’s session and is trading at 1.2299 after comments from the ECB strengthened the euro and changed market sentiment. This reversal of sentiments was made by the speech of Draghi, The ECB President. He said “ECB will do whatever it takes to preserve the Euro, and believe me, it will be enough”. This statement made the euro to break its bearish trend line made and jump into the price area of 1.2300. As aggressive bullish sentiments were observed in result selling in Dollar was seen that affected the whole market and the market trend moved upward. Yesterday’s speech has increased the volatility in market. Today market is expected to move in a price area of 1.2242 putting its Support at 1.2156 and Resistance at 1.2366. Fundamentals to Effect Euro Chart Representation GBP/USD GBP was under pressure from previous few days. As the data released regarding the GDP of GBP was quite disappointing that took the currency down in the 1.5458 price area. The statement released from ECB affected not only the Euro but other major currencies also indirectly. The weakening dollar granted strength to GBP and this strength took the Sterling to the higher price bands and touched 1.5722. It was a remarkable increase compared to previous few days. But this un expected strength has increased market volatility. GBP is expected to move down from today as Olympics is going to start in London from today, it will distract the market for coming few days. Market is expected to move around 1.5625 putting its support at 1.5528 and Resistance at 1.5779. Chart Representation Gold Gold is trading at 1613.05. Yesterday’s comments from ECB President that the bank would not sit idly by and let the euro collapse. This affected the gold prices indirectly and allowed gold to move up and touch its higher resistance level at 1621.2. If we consider the whole day movement, Market as above 1600.00 points. This is the highest point touched in three weeks including the ongoing week. Overall Market is under influenced by the Euro price, but US data releasing is also not much affecting that it could compete the rally in euro and other commodities and metals. Today Market is expected to move in a price area 1612.3 putting its support at 1603.5 and resistance at 1623.7. Fundamentals to Effect Gold Chart Representation Silver Silver moved up to 27.80 following cues from the metals pack and from gold. Sentiments were mixed in commodities ahead of the key data. Precious metals moved mostly steady, sustaining the previous session gains. Market focus has now turned upon the release of advanced estimates of second quarter US GDP which is scheduled for release today. Silver is somehow co-related to gold and other precious metals. So it is being forecasted to move following the footsteps of Gold and by the factors driving the US dollar worth in market. Today Market is expected to move in a price area 27.51 putting its Support at 27.22 and Resistance at 27.77. Chart Representation Dow Jones Index A remarkable uptrend was seen yesterday in DJI’s movement as it moved upward touching 12875 starting from 12634. It may be considered as a consequence of Dollar index weakness in result of ECB’s statement coming out. Today DJI is expected to carry its move and form upward moving trend line. Market is expected to move around 12760 putting its Support level at 12645 and resistance at 12936. Chart Representation Crude Oil Crude Oil remains elevated up to 90.46. Crude oil dipped after posting gains for the last two consecutive sessions. The rise in crude oil stockpiles and gloomy global economic outlook exerted downward pressure over the market. However, ongoing geopolitical tensions in the Middle-east are likely to cushion the falling prices. Today Market is expected to move in a price area 89.33 putting its Support at 88.20 and resistance at 90.60. Chart Representation Support and Resistance

EUR/USD In result of the data released that was not in favor of Euro, Euro price moved down touching its new lows in the price bands of 1.2000. Data released of PMI was not lesser than expectation that placed some bad impact on the euro price movement. As no data is expected to release that could raise the price. So the Euro is foreseen to lose its value and touch new lows. If it could not hold its price level at 1.2000 level it will further move down in the price area 1.9900. Today Market is expected to Move around 1.5513 putting its support at 1.2020 and resistance at 1.2116. Fundamentals to Effect Euro Chart Representation GBP/USD GBP opened and closed at the same point yesterday (i.e.1.5504) and moved in quite narrow range. Holding its previous support level at the point 1.5485 GBP maintained its lower level not allowing GBP to lose its value. If GBP holds the point for long it may be the lowest point from where a new upward movement could be started. Investors are worried about Wednesday’s 2nd quarter GDP data. Economists surveyed all believe that the data will show that the UK is deep in a recession. Today Market is expected to move in a price area of 1.5513 putting its support at 1.5476 and resitance at 1586.4. Fundamentals to Effect GBP Chart Representation Gold Gold has spent the whole previous day looking for direction moving between small gains and small losses. Gold’s correlation with Euro has been high recently fluctuating to the fortunes of Euro. The dollar surged above two year highs yesterday as increased worries on Europe shifted investors focus to the US dollar. Although the gold trend was bullish yesterday, but the movement was in a very narrow range. And it is now completely dependent upon how is Dollar Index moving. Today market is expected to move in a price area 1577.6 putting its support at 1571.5 and resistance 1586.4. Fundamentals to Effect Gold Chart Representation Silver Silver showed a downwards movement yesterday ending up with the price in 26.94 area. Precious metals are holding close to yesterday’s level but global worries on growth and production have weighed heavily on industrial metals. This week, silver holdings of iShares silver trust, the largest ETF backed by the metal, increased to 9,708.78 tons, as on July 23. Today Silver is expected to move in a price area 26.91 putting its support at 26.64 and resistance at 27.19. Overall a downtrend is expected in silver market. Chart Representation Crude Oil Crude Oil ended up the day at 88.21 as it seesaws between small gains and losses. Yesterday market had been more focused on news flow then on fundamentals. With little good news, crude oil has little support, but ongoing global tension continues to keep the price off balance against dropping demands and poor eco data. Today market is expected to move in a price area 88.24 putting its support at 87.41 and resistance at 89.04. Chart Representation Dow Jones Index Yesterday DJI moved further down at 12462. That shows the market is under pressure making the DJI and other products move down. Today a further fall can be foreseen to a price area 12400 or even below. Today Market is expected to move around a price area 12540 putting its support at 12411 and resistance 12618. Chart Representation Support and Resistance Levels

EUR/USD Yesterday the market move was driven by technical factors that led market to move downwards and the price of EURO touched the price level of 1.2068. Today some influencing data from Euro side is going to be released that may reverse the Euro trend and it may move upward under the influence of these technical factors. If moved upward this rise in prices will be temporary as the Eurozone unresolved crisis until resolved will leave the Euro price to trade at 1.2000 level. Today Market is expected to move around a price level 1.2109 putting its support at 1.2070 and resistance at 1.2200. Fundamentals to Effect Euro Chart Representation GBP/USD Technical factors driven market led the market go down. And GBP touched the price level of 1.5485 although this level is higher than the lowest point touched in previous few days at point 1.5386 but this down trend is focused one because it is the lowest point after touching the higher point at 1.5735. No Influencing data is going to be released today that could affect the GBP price to move upward, but USD price fluctuation can move the GBP price to move upward. Today market is expected to move around a price point 1.5538 putting its support at 1.5451 and resistance at 1.5591. Fundamentals to Effect GBP Chart Representation Gold Gold tumbled yesterday as market sentiment turned negative, pushing the euro to record lows. Gold dipped yesterday, but was able to salvage the day down 19.2 trading at 1563.4.75. A further strength of Dollar can lead the price of yellow metal move down. Today Market is expected to move around a price point 1574.1 putting its support at 1565.6 and resistance at 1584.8. Fundamentals to Effect Gold Chart Representation Silver Silver is trading late yesterday at 26.67 down over 1.84% taking cues from downside in gold and base metals prices. Additionally, strength in the Dollar also acted as a negative factor for the silver prices. The white metal touched a low of 26.67. As this trend of silver and other precious metals are also effected by Euro prices. Today market is expected to move around a point 27.00 putting its support at 26.68 and resistance at27.33 level. Chart Representation Dow Jones Index DJI movement was downtrend yesterday as it touched 12521 yesterday which is the lowest level in previous few days. It seems that overall market’s downtrend affected the DJI to lose its worth in the market touching such a low point. Today market is expected to make recovery from this lowest point but if this lowest point 12521 is broken market can further move to price area 12450. Today Market is expected to move in a price area 12625 putting its support at 12496 and resistance at 12783. Chart Representation Crude Oil Crude Oil under the impact of dollar and other technical factors moved downwards touching the lower point at 87.90. If Market carried its trend it may move down further to find resistance at 86.00 area. And if oil holds this level an upward movement can be seen that will up to price area of 91.00. Today Market is expected to move around a point 89.19 putting its support at 86.76 and resistance at 90.48. Chart Representation Support and Resistance Levels

Research Analysis EUR/USD The EUR/USD is trading at 1.2198 as Eurozone weakness continues. And a further downwards movement is expected as there are no influencing fundamentals coming out that could raise the Euro worth. Other majors traded against euro are rising because of euro weakness. As seen on Friday, Market came down breaking the support level made in previous days at 1.2161 forming the new support level 1.2143 and will further fall down to finding new support level at new lower point. It is expected to touch an area of 1.2000 in coming few days. Market is expected to move in a price area of 1.2197 putting its support at 1.2112 and resistance at 1.2249. Fundamentals to Effect Euro Chart Representation GBP/USD After giving an upwards movement in previous week GBP is back to its lower trend line. On Friday GBP moved downwards touching the lowest point 1.5610. If we put an eye on the previous week performance GBP could not stay at 1.5700 levels and ran down to new lower level. No Influencing data is being released today that could affect the movement of GBP and could pull it up. Today market is completely controlled by technical factors. That could make its price to rise but Market sentiments coming out indicates no reverse movement can be expected. Today market is expected to move around a point 1.5651 putting its support at 1.5580 and resistance at 1.5692. Fundamentals to Effect GBP Today no data is scheduled to release that could affect the GBP price. Chart Representation Gold Gold and other few precious metals were the only group that showed the upper movement on Friday as the whole market was on downtrend. Although the movement was on high notes but in very narrow range of prices. As it touched the 1.587.0 level as is highest point on Friday that is quite lower one compared to previous day’s high that was 1591.1. No influencing data is to be released from US side, so, fundamentally no data can effect gold’s price movement. Only technical can determine its direction to move. Gold is expected its carry trend set on Friday, i.e. upward movement in very narrow range. Today Gold Market is expected to revolve around a point 1581.3 putting its support at 1575.6 and resistance at 1589.2. Fundamentals to Effect Gold No fundamental data is going to be released from US side to effect gold price movement. Chart Representation Silver Similar to gold movement silver also showed a slow but bullish trend. The price moved in a narrow range movement as the market was opened at 27.25 and closed at a price area 27.30 on Friday. Highest point touched on Friday was 27.43 that are in the middle in the highest points touched in previous week. Today market is expected to carry its movement upwards and is expected to touch its highest point in a range of 27.20-27.50. Today market is expected to move around 27.18 putting its support at 26.93 and resistance at 27.50. Chart Representation Dow Jones Index On Friday DJI showed a downwards movement touching its highest point at 12877 and then coming down to touch 12752. The market was completely driven by the technical factors as no fundamental data was released that could affect its movement. Today a similar type of movement is expected from the market. As no fundamentals are going to be released so market will be under the impact of technical factors. If carried this trend market may fall up to the level 12700. Market is expected to move around the point 12799 putting it support at 12721 and resistance at 12846 Chart Representation Crude Oil For Crude Oil Market is moving downwards similar to other forex products. With an exception of gold and some other precious metals market is at downtrend and is expected to carry its movement in similar direction. Candle made by crude oil was bearish one and similar type of movement is made by the crude oil today. Today Market is expected to move in around a price point 91.49 putting its support at 89.80 and resistance at 92.36. Chart Representation Support and Resistance