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on 13 Oct 2018 20:09

 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)

 

 

15-19 OCT 2018

 



IMPORTANT ANNOUNCEMENT:


AOT  APP (Gann square of 9 calculator) is available now  both at google play store & IOS App store. This App is only for Intra day traders , who trades  in FOREX(major currency pairs) / INTERNATIONAL MAJORS(Dow-Gold-Crude-Bitcoin etc)/ NSE (India)/ MCX (india). FREE TRIAL for 30 days. Try it to see the accuracy of Gann levels. To download go to the link below--

AOT APP: iOS application

AOT APP: Android application

EUR/USD: 



  Gann levels given last week has worked perfectly. Look at the chart.Short term trend is now sideways and so both long and short trades can be initiated as per the levels. 1.1390 was Gann support and it found support very close to this level. Any trade and close above 1.1800 will indicate  upside.

Major trend remains down and sell on rallies is the strategy for positional traders till it closes above 1.1860 convincingly. The levels given below 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::   1.1390 /1.1300/ 1.1240/1.1120/1.1075

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::  1.1780/1.1800/1.1860 / 1.2000


DOW JONES INDUST:


Last week I clearly indicated that trading below 26300 will indicate more corrections.So it corrected but selling pressure was huge and it closed below the important Gann support of 25750. Now the trend becomes sideways from bullish . 24350 to 24550 is a very big and powerful Gann support level and substantial close below this indicate a trend reversal. So now you know where bulls can take charge .25600 and and 25950 will act as short term resistance. Follow these levels to 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:: 24900-24550-24350-23950

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 25600-25950-26300-27000


DAX: 


Dax corrected on anticipated  line as both long and short term trends are down.. 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  11515-11400-11150-10330-10170

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 11830-11990-12150-12360


NYMEX CRUDE: 


 Correction continued from Gann level and it closed below crucial Gann support level. Trend changes to sideways from bullish. Take both long and short trades as per the Gann levels given belowFollow 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::  70.5-68.5 -66.7-65.25-64.2-62.9-60-58.66

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 72.9-73.75-74.75-75.30-77

 

GOLD LONDON: 


 

Gold finally broke out of the range and once again stopped exactly near next Gann resistance level. Look at the chart and also the levels given below. Short term trend remains up till it stays above 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:: 1210- 1180-1153-1120-1045

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 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
     
    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
    .
     

    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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