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Thursday, 23 January 2025
Wednesday, 22 January 2025
Gold tips
sell gold@79550 sl 80550 target 78500/77500
Your suggested gold trade involves selling at ₹79,550 with a stop loss (SL) at ₹80,550 and target levels at ₹78,500 and ₹77,500.
Here are a few points to consider:
Sell Entry: ₹79,550
Stop Loss: ₹80,550 (Risk of ₹1,000 per unit of gold)
Target 1: ₹78,500 (Profit potential of ₹1,050 per unit)
Target 2: ₹77,500 (Profit potential of ₹2,050 per unit)
Monday, 20 January 2025
Forex tips
buy usd jpy@155.85 sl 154.850 target 156.85/157.85
It looks like you're considering a buy position on the USD/JPY currency pair at 155.85 with a stop loss (SL) at 154.850 and potential targets at 156.85 and 157.85. This strategy indicates you're expecting the USD to strengthen against the JPY.
Here's a brief analysis of your trade plan:
Entry: You're entering at 155.85, which suggests you're looking for an uptrend or a continuation of the bullish trend.
Stop Loss (SL): Your stop loss at 154.850 represents a risk of 105 pips. It’s important to evaluate if this distance is suitable given the volatility and your risk tolerance.
Targets: You have two potential targets, 156.85 (100 pips above entry) and 157.85 (200 pips above entry). Both targets are within a reasonable range, depending on the market conditions.
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