I barely traded today beside some EJ scalps long and short..
anyways I'm headed out but just enuf time to shed light on this TL play..
Pretty much explained out. It is though incomplete for I just have to leave rt this moment.
How to play certain setups.. Mainly the breakouts..........
Remember ..... Breakouts are one of the…
Added by Tahir Khan on June 14, 2013 at 11:07am —
It seems the inv HNS was there and neck is broken for a 5520ish move..
Added by Tahir Khan on June 6, 2013 at 7:09am —
With price cranked 9550 it can slide down to 9518-21 and this holds means we be backing up from the confirmation lvl of the 9550 breakout.. Backing up higher to 9555-60 and u indeed be able to see a god bull movement on it.
Else 9430 is the spot that comes in for buys..
I posted AUD chart earlier...
Added by Tahir Khan on June 5, 2013 at 2:39pm —
GBP - 5320ish seems possible......
4 hrs and 8 hrs layout.. Both showing that a move towards 5320ish is likely going forward.
IF we can start to stay higher to the initial break attain as on the 4 hrs charts we should be heading higher..
Added by Tahir Khan on June 2, 2013 at 9:58am —
Added by Tahir Khan on May 31, 2013 at 7:42am —
I have taken almost today off.. Just came in peaking on the rates... Continue
103.70ish on YEN and EJ almost making to 134 and boom down it comes...
Got me shorts on euro at 2974 / yen 103.69 and EJ failing at complete entries off 133.91-99 had to take smaller ones on a 132.27 break a bit later at 133.03 but managed to see my entry hitting out at 131.40 rt above previous halt mark of 131.30.. It then went further down to my surprise..
YEn had a smaller limit of 60 pips and was done and…
Added by Tahir Khan on May 23, 2013 at 2:11pm —
OIL - Setup....
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…
Added by Tahir Khan on May 17, 2013 at 8:39pm —
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..
Added by Tahir Khan on May 14, 2013 at 8:13am —
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…
Added by Tahir Khan on May 14, 2013 at 5:35am —
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.. Continue
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…
Added by Tahir Khan on May 12, 2013 at 6:28pm —
EJ / UJ
Adding UJ and EJ to the list as well.
UJ at critical resis.. UJ could be heading lower to put in a RS b4 taking off to the moon or 100.+..
EJ like euro and gu and other majors failed to make a close in a meaningful to give a solid idea on a direction..
Incase UJ holds to the resis a move down to 97.50ish preferred with a hold is a buy…
Added by Tahir Khan on May 5, 2013 at 9:08am —
EUR - What Day Chart is showing ...................…
Added by Tahir Khan on May 3, 2013 at 11:30am —
While all must be gunning to the lower side... fundamentally, if going with patterns we could be seeing a RS completing for the Inv HNS..........
Anyways 3010 comes in as a critical lvl.. deciding where euro wants to head out...
2 hrs layout can be taken down as a step for upcoming lvls..
anyways my 2 cent...
Added by Tahir Khan on May 3, 2013 at 6:33am —
EUR - Pattern suggesting a drop most likely to 2900...... EJ N UJ along with it......
EUR 4 hrs and with Friday high we possibly be having a RS in for the double head HNS..
Pretty much description within the chart itself..
EUR 30 mins would be an early sign provider especially if the price fails to head higher to 3090ish while getting close enuf to…
Added by Tahir Khan on April 20, 2013 at 10:35pm —
SPX, and suspecting a big fall out on it.. Weekly chart and we are at all times high which happens to be a median within the bigger falling wedge.. If spotting it correct; we would break higher and close above to 1595-97 and head out for a 1635-40......... Should retrace some from there and testing 1590-95 only to surge higher for a late 1670ish and this is where I expect a deeper retracemet or correction down to 1440-50ish..
Added by Tahir Khan on April 14, 2013 at 5:48pm —
EURO has managed to close 3 days in a row higher to 3060 making a statement it wants to head higher.. Continue
Monday I be giving it one last chance to put it's money where it's mouth is.. To test and clear 3150ish zone and head upto atleast 3220......... if not breaking it..
Else 3150ish is what it can start to sell off for a 2945-55 play for better longs to initiate for a 34XX tgt as it seems..
My 2 cents says that come Monday 3060ish lvl will try to hold out and if so 3147-52 is…
Added by Tahir Khan on April 14, 2013 at 9:27am —
Gold gone nuclear..
1583 shorts with 1478 though 1471-73 expected and a retrace back to 1510-15..
Exact same layout I posted earlier..
I have added to the Daily on the GOLD and weekly as well... I was trying for a while on bigger TF and I don't see anything concrete under 1450 not till 1260-70 on it.. 1450 strike on GOLD will be a about 25% depreciation on GOLD since posting a 1920 highs. A drop lower to it to around 1260 will be roughly 35% depreciation on it...… Continue
Added by Tahir Khan on April 14, 2013 at 9:20am —
GU : Looking for initial 5150ish to 5250ish play or 100 odd pips as projecting on 2 hrs and 30 mins.. 8 hrs with bigger picture and 5277-80 is solid resis with 5130-33 as solid supp... Overall this has potential to the north side if can break 5280 clean for a move higher to late 53's..
Added by Tahir Khan on March 31, 2013 at 10:35am —
EURO; I'm finding hard to to do a proper layout for charts are kinda messy as in a price action wise.. This happens normally… Continue
Added by Tahir Khan on March 31, 2013 at 8:00am —
Pretty much details within the charts.. There is still one minor leg down on UJ around to 93.80ish possible but don't see it going further than that for the time been. In other words the correction on UJ is getting over and we could be riding back higher..
Up on EJ and suspecting as we have tried the lower side and time for a bounce is around the corner..
121.20-30ish looks decent on resis but an eventual break higher is seen with EJ surging...
I also feel that EURO… Continue
Added by Tahir Khan on March 30, 2013 at 8:38pm —