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waleed.khan replied Oct 20, 2014HI griffinssoul Please see the XAUUSD 5 year chart with an overlay of the USD INDEX below. The USD INDEX is marked in blue. The Boxes marked in peach/beige are the times when the inverse relationship is broken. I think the inverse relationship is ...
Only Gold!
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waleed.khan replied Oct 20, 2014Hi everyone! I think NZDUSD is indicating that it wants to retrace now, as per price action candles marked in the chart. url url I have marked 3 target areas on the chart... Good Luck!
NZD/USD
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waleed.khan replied Oct 20, 2014Hi everyone I expect near term bearishness in this currency pair... Please see the chart for price targets Cheers url
USD/CHF
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waleed.khan replied Oct 20, 2014Hi Everyone! It seems we are going to see weakness for the usd index this week also...which can possibly be bullish for gold. There are still no reversal candles on the 1240 level on the daily chart, and hence price could extend its bullish run to ...
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waleed.khan replied Oct 9, 2014url The past 4 days gold has been moving back up quite aggressively... This is typical behavior after a double or in this case a triple bottom... I expect price to keep retracing until the resistance zones marked... Watch for price action reversal ...
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waleed.khan replied Oct 1, 2014Target hit at 161.8 fib level.. Expecting a minor retracement, but the overall long term trend is still in tact! https://www.tradingview.com/v/Sdkvg42T/
USD/CAD
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waleed.khan replied Oct 1, 2014Agreed CT! I have sell limits on that limit; with very small stop loss thresholds These past 2 weeks shorting on spikes have worked out very well... Of course this will not work at some point and turn around... But until its working why not keep at ...
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waleed.khan replied Oct 1, 2014url I took some profit on target 2 and i'm generally still bearish... Will need a significant reversal candle on the daily to think otherwise...
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waleed.khan replied Sep 23, 2014url usd cad ellott wave structure... Bad numbers and reversal bar should finally propel usdcad and the impulse leg
USD/CAD
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waleed.khan replied Sep 23, 2014True... although price has touched and rejected a resistance level... which is a good setup for a short..
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waleed.khan replied Sep 23, 2014GBPUSD - Long term price forecast (After the dust settles with the Scot vote...) based on a potential ab=cd setup & the fact that we might see a short term renewed confidence in the cable because of the 'no vote' which will eventually be curbed by ...
Cable Update (GBPUSD)
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waleed.khan replied Sep 23, 2014as far as a trade is concerned... i am still short biased and am looking to short at spikes like this... however the morning star is an early sign to be careful about... if price remains these levels all day today and breaks higher tomorrow then I ...
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waleed.khan replied Sep 23, 2014A look at the inverse relationship between gold and the us dollar index Is it time for a short to medium term bottom in gold...? Could the same be said for the dollar? The stars seem to be indicating that... Silver has also posted a rejection pinbar ...
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waleed.khan replied Sep 19, 2014Hi everyone... its's been a while since i've posted here... this is the latest of what i've got: url Right now there are 2 possibilities...1) oil continues to sell of to complete the 5th leg, or then price must retrace to the marked areas if it ...
US Crude Oil with smart VSA and Dark Seasons [only]
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waleed.khan replied Sep 18, 2014GBp has taken off... high probability of no vote... any shocker is going to be a clear "short" but then If everyone thinks it should fall (where is the supply going to come from?)
LOnger term investors...would they want to go long after ...Only Gold!
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waleed.khan replied Sep 18, 2014Exactly... a no vote = stronger gbp but where is gold here...? a no vote = no change (thus no safe haven buying)
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waleed.khan replied Sep 18, 2014lol... interesting way to look at it! However what is the correlation/logic between a no vote and gold bouncing up again?
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waleed.khan replied Sep 18, 2014Price flirted wtih target 1 area... to me this is only a small retracement and a good opportunity to short again at 1224-27 level....
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