{ItemUrl} - URL of the item being acted upon. Only work for documents in libraries.
{SiteUrl} - URL of the Web site (SPWeb).
{ListId} - GUID that represents the list.
{RecurrenceId} - Recurrence index. This token is not supported for use in the context menus of list items.
{ItemId} - Integer ID that represents the item within a list.
Note: You can also use the following parameters to get the link of current Site / Web without hardcoding it in the XML File
Windows SharePoint Services supports the following tokens with which to start a relative URL:
~site - Web site (SPWeb) relative link.
~sitecollection - site collection (SPSite) relative link.
Eg: