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on 25 Aug 2018 11:33

 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)

 

 

27 - 31 AUG 2018

 



EUR/USD: 



  Short term trend is up now but will lose strength once it closes below 1.1500.As indicated last week it corrected exactly from the Gann resistance level 1.1630. Next big resistance zone is near 1.1750 to 1.1850. The support level given below was 1.1300 and look at the chart how it has rallied from this level.

Major trend remains down and sell on rallies is the strategy for positional traders. 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::   1.1300/ 1.1240/1.1120/1.1075

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::  1.1630/1.1790/1.1860 / 


DOW JONES INDUST:


Gann system of analysis is the best among all .Bull run in Dow continues in spite of the fact that many of so called big analysts are predicting a big crash for the last several months.Look at the chart above . Buy on declines near Gann levels is the best strategy for now. The strength of short term trend will remain intact till it closes above 25500.  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::  25500-25000-24850-24550-24000-23500-23350

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 26125-26620-26760-27420


DAX: 


 Last week we clearly indicated for a long trade near 12100. Look at the chart . It made a low of 12135 on Monday and a good 400 points rally from there. Now 12440-12520-12640 are short term  Gann resistance levels. Smart and fast traders can take advantage of these levels by going short with small stop losses.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  12100-11725

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 12740-12890-13000


NYMEX CRUDE: 


   Trend in crude is still sideways and so both long and short trades as per Gann levels are advisable. Look at the levels below. 64.2 was Gann support and now look at the chart and see how this support level was instrumental in providing a superb rally. Similarly all the resistance levels also has worked but only for a day.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::  66-64.2-63.5-61.5-58.66

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 69.85-70.9--71.7

 

GOLD LONDON: 


 

 No change in major trend of Gold .It remains in a strong down trend. However short term trend is up now and will remain so till it closes below 1180. Follow the Gann levels given below and create your own trading plan.

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::  1180-1153-1120-1045

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1215-1228-1245-1266



 

 

 

  • 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
     
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