aslamhammad

aslamhammad

I'm expecting Greece to default this coming Tuesday, so expecting EUR/AUD to go down from fibo level 0.618-0.382 ratio.....Basically Price has resistance around 1.4720, and price earlier did come down in this weekly candle upto 1.4400. Currently Ranging, But expecting Next Week price to first go down around 1.4330. It could become max oversold at 1.4212 as there...

aslamhammad

Well if Greece Defaults, expecting price to go down to 0.38% Ratio of fibo level==1.4333. Max oversold expected around 1.4212, could act like a support swing point.....If price swings from 1.4212 again expect price to later head towards 0.764 Ratio 1.4959 :)

aslamhammad

Buying gained strength around 23% level :)...During U.K election results in Previous Month of May :). For price to continue higher, we need a break above 1.6000$ for 1£, targeting the 38.2% fibo level @ 1.6436 in next 3 months....By September is possible if Fed doesn't hike interest rate :)

aslamhammad

buy @ 0.9300 TP @ 0.9500 SL @ 0.9100 This is a low leverage trade with 200pip sl + tp

aslamhammad

Short @ 123.80 TP 123.00 SL 124.40

aslamhammad

I think GBP is going to weaken alittle bit, so expecting this baby to come up around 0.7150 :)

aslamhammad

Price has broken below the cloud, i say she's a short upto 2.9530 :p

aslamhammad

Trick to scalping is spot candlestick with respect to the support and resistance in a 5minute time frame....But don't hold, close after 3-5pips when green :)

aslamhammad

Buy @ 100.50 ask sl @100.18 bid tp @ 101 ask

aslamhammad

Buy @ 123 Tp @ 123.50 sl @ 122.50

aslamhammad

Well i'll be honest, i never thought MACD was such an important tool in fx trading, despite i had studied about it, i liked using rsi and stochastic, but what those indicators fail to show is divergence, hence lesson learned. Will practice with this indicator and hopefully will be able to make better gains in future :)

aslamhammad

Short @ 1.4595 Tp @ 1.4305 Stop @ 1.4695

aslamhammad

Well tomorrow I'm expecting a Rate Cut by Bank of Norway on their interest rate and expecting a negative impact on EUR/NOK. So, Shorting this baby around: Entry level 8.6862 Tp 8.3000, Sl: 8.9500

aslamhammad

Short @ 124.20 Stop loss 124.60 Take Profit 123.20

aslamhammad

Buy @ 0.6930 Stop 0.6900 TP @ 0.6990

aslamhammad

Buy @ Pin bar setup tp 1.1314 sl 1.1185

aslamhammad

5Year investment plan :p Buy @ At market 139¥ Take Profit Target is 160¥ Stop Loss is around 120¥

aslamhammad

5year target should be around 160¥ :)