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Posted on April 16, 2012 at 7:48am 0 Comments 0 Likes
2966 comes in as a spot where this could bounce up as USDOLLAR is on at resis.. 3045-48 is top resis and a break higher to 3050 exposes a move to 3123-25 for the day..
A break under 2960 clean has a tgt of 2886-90 for 2day..
Continue Posted on April 1, 2012 at 3:51pm 1 Comment 1 Like
EURNZD holds interest here with a possible corrective move setting on it for a hefty pip moves of 7-800 pips on it.. 6050-55 comes in as an excellent supp but would be incline to see 6185-90 to hold for a break higher.. 6500 is prime resis on this pair..
NZDUSD on the other hand seems to be topping and a corrective drop is on the card... 8000 is expected soft tgt where a break…
Posted on April 1, 2012 at 8:12am 0 Comments 0 Likes
Yen finally decided to wake up after been dormant around the lows for the longest time.. Not thinking in terms of trend change but a minor correction and it seems YEN is possibly ripe for a 87.XX move.. Taking a step at a time, it is at resis and a break higher would get us to 83.50ish extended to 83.70 play for Monday (expecting) b4 we can see a break higher for a further move up..
EJ…
Posted on March 14, 2012 at 7:34am 0 Comments 1 Like
not enough time on hand.. but here is a rough sketch....
On Dx tops are heavy and waiting the RED TL to break.
SPX to the roof
AUD expecting a big bounce..
EURO 3020-25 critical and a bounce has a tgt of 3370.. a break under and 2830-40 gets highlighted..
GOLD 166X Supp criticl else expect losses to 1630-35 in coming days..
had a blast…
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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