Tahir Khan commented on Tahir Khan's blog post Gold Gone Nuclear
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Posted on May 17, 2013 at 8:39pm 1 Comment 0 Likes
I don't know what the fundamentals are on OIL for now; but technically looking at it it is looking mighty bullish..
Weekly has clearly alot of scope to the higher side b4 we can assume it has found a top..
Lower side has put in a clear pattern of an inv HNS and 97.10-20 pretty much been the neck.. A break if coming and closing higher…
Posted on May 14, 2013 at 8:13am 0 Comments 0 Likes
EG showing it can head higher to test the neck it has broken a week back.. Currently at resis and if can attain a close higher should be heading higher.. Once it can do that; look for euro to outperform the GU going forward..
UJ approaching critical supp at 100.90ish to 101.00 lvl.. If breaks under could very well fall back to the 99.80ish zone..
GL.. …
Posted on May 14, 2013 at 5:35am 0 Comments 0 Likes
A quick layout on AUD..
At the present favors a move towards 1.0040ish..
Overall 9820ish is main residing supp for now, a break can fuel further selling on the pair..
A quick look at the GU 8 hrs..
Break done to the lower side... What is it waiting for... Perhaps missing it's buddy EURO to…
Posted on May 12, 2013 at 6:28pm 0 Comments 0 Likes
Below is one of my responses to a fellow trader.. With just a slight changes to it; I'm posting it out here. The ? was in regards to the GOLD, hence some mentioning on gold is there as well..
To be honest I carry the view of 2-300 pips drop on major USD pairs; only that it could be more than that..
I think I kept few things discreet for what I may be seeing is wrong and don't want others to start having a dubious mind going ahead.. But I guess, we all understand we are…
Tahir Khan said… yep. don;t want to fool around.. I go with the trendlines. if price not respecting them, i try not to lose much on it. if 3750 breaks we could be seeing a 3885 play coming in ...
so fingers crossed.. 3605-10 main supp here
Michael said… Thanks for the very clear charts...I sometimes use Netdania too, and to watch USDX etc, I hope I can contribute with value.
Tahir Khan said… Mention not. I use powercharts, the beauty is that i can say upto 200 various charts and hence easy to go by and readily available.
here is the link :
msrich6335 said… Do you enter trades based on the 4hr tf or do u use it to do analysis and monitor trades?
Tahir Khan said… main entries are off 4 hrs and 30 mins to track the trade is heading in the rt direction..
4 n 8 hrs are also used to locate the breakout areas and where they are pointing gives a hint where price can travel to if around close to them lvls..
Pretty much 4 hr candle is the most imp candle for my style of trading...
GL...
syed said… hello Tahir Khan Excellent trades
syed said… Keep on posting the trade results.
Tahir Khan said… I try as much as I could. and thanks..................
You see me less active when I have done my monthly tgts..... As of now pattern play is the only way I like to proceed further and try to catch em smaller trends if lucky..
GL..
naivetrader1 said… Now I know, Tahir, who was Trading against me!!!
Tahir Khan said… lol......... I had my setup made available that started from the 3320 drop ( i was short 3318) and ended into 2970.. I cashed 3318 at 2984 and longed 2976... im still looking for 3620 to be done on the play........
GL..
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