Binary Tribune’s Trading Signals for September 7th 2016

Written by Miroslav Marinov

Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.

, | Updated: October 30, 2024

EUR/USD: Buy at 1.1221, TP1 – 1.1266, TP2 – 1.1278, TP3 – 1.1289, SL – 1-2 pips below 1.1187.

Sell at 1.1289, TP1 – 1.1244, TP2 – 1.1232, TP3 – 1.1221, SL – 1-2 pips above 1.1323.

If break and close above 1.1323, buy with TP at 1.1379, SL – 1-2 pips below 1.1289.

If break and close below 1.1187, sell with TP at 1.1131, SL – 1-2 pips above 1.1221.

USD/JPY: Buy at 101.50, TP1 – 102.19, TP2 – 102.37, TP3 – 102.54, SL – 1-2 pips below 100.98.

Sell at 102.54, TP1 – 101.85, TP2 – 101.67, TP3 – 101.50, SL – 1-2 pips above 103.06.

If break and close above 103.06, buy with TP at 103.91, SL – 1-2 pips below 102.54.

If break and close below 100.98, sell with TP at 100.13, SL – 1-2 pips above 101.50.

Silver for December delivery: Buy at 19.907, TP1 – 20.215, TP2 – 20.292, TP3 – 20.369, SL – just below 19.676.

Sell at 20.369, TP1 – 20.061, TP2 – 19.984, TP3 – 19.907, SL – just above 20.600.

If break and close above 20.600, buy with TP at 21.011, SL – just below 20.369.

If break and close below 19.676, sell with TP at 19.265, SL – just above 19.907.

Tesla Motors Inc., NASDAQ: TSLA: 1. If todays open price falls within the $201.66-$204.00 range, buy at $201.66, TP1 – $203.22, TP2 – $203.61, TP3 – $204.00, SL – 2 ticks below $200.49.

Sell at $204.00, TP1 – $202.44, TP2 – $202.05, TP3 – $201.66, SL – 2 ticks above $205.17.

2. If todays open price falls within the $204.00-$205.17 range, buy with TP1 at $206.53, TP2 at $207.16 and SL – 2 ticks below $204.00.

3. If todays open price falls within the $200.49-$201.66 range, sell with TP1 at $199.13, TP2 at $198.50 and SL – 2 ticks above $201.66.

Societe Generale SA, NYSE Euronext: GLE (price in Euros): 1. If todays open price falls within the 31.92-32.40 range, buy at 31.92, TP1 – 32.24, TP2 – 32.32, TP3 – 32.40, SL – 2 ticks below 31.69.

Sell at 32.40, TP1 – 32.08, TP2 – 32.00, TP3 – 31.92, SL – 2 ticks above 32.63.

2. If todays open price falls within the 32.40-32.63 range, buy with TP1 at 32.91, TP2 at 33.02 and SL – 2 ticks below 32.40.

3. If todays open price falls within the 31.69-31.92 range, sell with TP1 at 31.41, TP2 at 31.30 and SL – 2 ticks above 31.92.

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