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on 14 Jul 2018 13:44

 WEEKLY NEWS LETTER BASED ON W D GANN RULES

(Please read the Risk disclosure, Disclaimer, Non-disclosure and conditions of use given below before proceeding any further)

 

 

16 JULY - 20 JULY 2018

 

DOW JONES INDUST:


 Dow has rallied almost 1000 points from the support of 24000 and has crossed few resistance levels also. Look at the chart above  and see how accurate are Gann levels. It corrected almost 300 points from the Gann resistance near 25000. On a broader view Dow trend remains sideways to range bound . The strength of the present uptrend will remain intact till it does not close below 24600. Follow the levels given below and create your own trading plan. These levels are very important on closing basis.

Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL  can subscribe for it. To subscribe visit the following page  https://www.artoftrading.co.in/newsletters

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE::  24650-24500-24000-23500-23350

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 25400-25500-25800-26620


NASDAQ COMPOSITE: 


Nasdaq has made a new high last week and it was perfectly anticipated . Trend remains strongly bullish and buy on decline strategy will remain valid till mentioned otherwise. Follow the levels given below and create your own trading plan. These levels are very important on closing basis.

Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL  can subscribe for it. To subscribe visit the following page  https://www.artoftrading.co.in/newsletters 

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE  7690-7510-7420-7310-7200

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::7925-7980-8020-8150-8340


NYMEX CRUDE: 


   Look at the chart above and see a horizontal red line near the top. If you remember last week we clearly indicated that this is the famous Gann Sq9 positional line. This line proved a good resistance for crude and it corrected from there. Major trend is still bullish .Follow the levels given below and create your own trading plan. These levels are very important on closing basis.

Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL  can subscribe for it. To subscribe visit the following page  https://www.artoftrading.co.in/newsletters

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE::  69.2-67.5-66.6-63.5-61.5

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 72.3-75-77-79.7

 

GOLD LONDON: 


 No change in view or levels. Gold found support exactly near Gann levels as indicated last week. A rally of almost 20 points followed from there. Any closing below 1230 will indicate further weakness and may go below 1200 also.Follow the levels given below and create your own trading plan. These levels are very important on closing basis.

Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL  can subscribe for it. To subscribe visit the following page  https://www.artoftrading.co.in/newsletters

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE::  1235-1205-1180-1120-1045

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1285-1301-1325-1365-1380-1425-1490


EUR/USD: 


 No change in positional view or levels. The trend of EUR/USD  is weak but it has reached a very crucial Gann support level. So positional traders must watch the Gann support zone 1.1509 to 1.1445.  Breaking of this support zone may take it to the next level of 1.1075. Follow the levels given below and create your own trading plan. These levels are only for positional trading and are very important on closing basis.

Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL  can subscribe for it. To subscribe visit the following page  https://www.artoftrading.co.in/newsletters

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE::  1.1509 / 1.1445 / 1.1075

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1.1860 / 1.2035 / 1.2211 

 

 

 

  • IMPORTANT TRADING RULES::
     
    PLAN YOUR TRADE THEN TRADE YOUR PLAN.

    ALWAYS TRADE NEAR  GANN  LEVELS TO MINIMIZE RISK.

    NEVER BE RIGID IF SUPPORT & RESISTANCE LEVELS ARE BROKEN.

    NEVER TRADE WITHOUT STOP LOSS.

    PUT STOP LOSS IN THE SYSTEM NOT IN MIND.

     
    Risk disclosure, Disclaimer, Non-disclosure and conditions of use
     
    Art Of Trading(AOT)/ RRR PROFIT is an educational organization and its founder Shyamal Ranjan Sinha  intends to educate you on techniques and/or analysis and/or hypothetical trading strategies associated with W.D.GANN principle and other forms of market analysis. You have a unique opportunity to learn from the experiences and techniques taught by Shyamal Ranjan Sinha. However, the News Letter/ tutorials do not, and should not be implied to, provide that any level of success or profits shall be attained or realized as a direct result. This is an information service only
     
    AOT / RRR PROFIT, its managers, members, employees, agents, representatives, attorneys, successors and assigns, and affiliated companies (collectively the AOT / RRR PROFIT group assume no responsibility, obligation or liability for any loss or expense which may be incurred as a result of the utilization of the instruction provided during the seminar, workshop or in the tutorial. By your execution of this Risk disclosure, Disclaimer and conditions of use agreement (RDD) you are agreeing to the forgoing and you waive any such responsibility, obligation and liability on the part of the AOT / RRR PROFIT group. Constituents? parties of the AOT / RRR PROFIT group may be a broker or dealer or a member of any stock exchange or any other security exchange and also may be registered with any regulatory agency. However, when acting as constituent of the AOT / RRR PROFIT group they do not assume any of the other roles they may play individually. The services provided by the AOT / RRR PROFIT group are for the soul purpose of education/ or entertainment.
     
    By your execution / reading of RDD agreement you hereby acknowledge and agree to the following : (a) The AOT / RRR PROFIT group has not made any representation, or warranties of any kind whatsoever that your trading activities will result any profits: and (b) You acknowledge and agree that all trading decisions that you make hereafter shall have been by means of your sole determination and not by means of the assistance of the AOT / RRR PROFIT group: and (c) Trading can involve high risk with the potential for substantial losses and (d) Seminar/Workshop/Course/News Letter fees are nonrefundable.
     
    Non-disclosure agreement
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    By reading this agreement you agree that no part of any publication or information received from the AOT / RRR PROFIT may be reproduced, stored in retrieval system, transcribed or transmitted in any form by any means, electronic, photocopy, mechanical, recording or otherwise with or without the prior written permission of AOT / RRR PROFIT.. This copyrighted material is for your personal use only and you cannot assume ownership of the same.

     
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