Rao Khassan's Blog – March 2012 Archive (3)

Is it time to press SELL button EURUSD?

I have two sell-orders on EURUSD at 58 and 66. SL above 3385. Remember the strong resistance line around 1.34 level. I expect 1.3375 area holds, the chart at the moment proves that.

Added by Rao Khassan on March 28, 2012 at 8:27am — No Comments

EURUSD on Mar. 28

Good morning, traders.

I'm back with a portion of charts, which hopefully will end my period of uncertainty in trading. It's likely that the picture on EURUSD clears soon.


Yesterday price finally hit the major resistance…


Added by Rao Khassan on March 27, 2012 at 10:41pm — 1 Comment

A short-term view on EURUSD 01.Mar

Hi traders,

Didn't post here anything for a couple of weeks as was travelling a lot and had restricted access to the net. That's my current view on short-term trade in EURUSD. As a rule, I base on Elliott + Fibonacci waving theory.

On the M15 timeframe it's well recognised as the price landed on the support trendline around 1.328 level. The line has…


Added by Rao Khassan on March 1, 2012 at 4:57pm — No Comments


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