2011 07 21 migbank daily technical analysis report+

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 DAILY TECHNICAL REPORT 21 July, 2011 MARKET S-TERM MULTI-DAY L-TERM MULTI-WEEK STRATEGY/ POSITION ENTRY LEVEL OBJECTIVES/COMMENTS STOP EUR/USD   SHORT 2 1.4420 1.3660/1.3410 (Entered on 06/07/2011) 1.4305 GBP/USD  Await fresh signal. USD/JPY   Awaiting Trade Setup above 80.00. USD/CHF   Sell limit 3 0.8330 0.8200/0.8080/0.7800 0.8400 USD/CAD   Await Trade Setup (neutral). AUD/USD   Sell Stop 3 1.0526 1.0390/1.0200/0.9700 1.0730 GBP/JPY   SHORT 2 128.00 124.65/122.36 (Entered on 14/07/2011) 128.20 EUR/JPY   SHORT 1 117.70 105.44 (Entered on 04/07/2011) 114.70 EUR/GBP   Sell limit 3 0.8900 0.8795/0.8500/0.8285 0.9005 EUR/CHF   Possibly looking to sell again. GOLD   SHORT 3 1590 1560/1540/1480 1615 SILVER   SHORT 3 39.2800 36.7750/32.3125/28.9000 41.5500 Ron William, CMT, MSTA Bijoy Kar, CFA WINNER BEST SPECIALIST RESEARCH DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report Notes: Entries are in 3 units and objectives are at 3 separate levels where 1 unit will be exited. When the first objective (PT 1) has been hit the stop will be moved to the entry point for a near riskfree trade. When the second objective (PT 2) has been hit the stop will be moved to PT 1 locking in more profit. All orders are valid until the next report is published, or a trading strategy alert is sent between reports. MIG BANK Forex Broker 14, rte des Gouttes d’Or CH-2008 Neuchâtel Switzerland Tel +41 32 722 81 00 Fax +41 32 722 81 01 [email protected] www.migbank.com

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