Community
Blog
aslamhammad's Blog

aslamhammad's Blog

Avatar

Labor Day Holiday

aslamhammad Posted 4 Sep.  in #Trader's blog

At last a day to rest . It will be a holiday in the U.S and Canada on Monday, so there will be low liquidity on Monday. Tuesday will be fun as we have Aud cash rate release. No change expected, in that case i expect a slight bearish impact first before U.S interest rate day 21st September .
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

U.S Non Farm Payrolls

aslamhammad Updated 1 Sep.  in #Trader's blog #USD/CAD

So we have U.S non farm payrolls coming out on Friday with a forecast of 180k, and previous NFP was 255k. The question is how is the U.S job market performing? We have a lower than expected number forecasted compared to the previous. If the actual number turns out to be worse or better, what impact it will have on USD/CAD?
Looking at USD/CAD pair we can see that the previous 3rd wave was down, and currently formed an elliot wave triangle(trading in the 4th wave), the only hint i can see in this…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Happy New Year Everyone :)

aslamhammad Posted 9 Jan.  in #Trader's blog
Happy New Year Everyone

Non farm employment change of U.S showed improvement on this past Friday, bringing USD/CAD near yearly highs . I expect more upside in coming weeks.
There was earlier a double bottom formed around 1.3814 with a neckline around 1.3930. The price is still technically in a strong uptrend.
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

1 Comments
wisdom_consultant avatar
wisdom_consultant 9 Jan.

happy new year! :)

orto leave comments
Avatar

EUR/JPY+EUR/USD

aslamhammad Posted 2 Oct.  in #Trader's blog
H1 Chart
Well yesterday when i was speculating the market i could see a double bottom formation in the pair . Interesting it did rise today along the EUR/USD pair. As today the Non Farm Payroll data was not as good as expected. I had feeling euro was going to rise from yesterday .
EUR/USD H1
The EUR/USD after U.S Non farm payroll release .
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

EUR/PLN

aslamhammad Posted 1 Oct.  in #Trader's blog
H1 CHART
EUR/PLN pair is having resistance around 4.2500 area, and it's also looking like a bearish gartley pattern in the h1, so i decided to short it . Let's see if it works .
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

EUR/USD

aslamhammad Updated 15 Aug.  in #Trader's blog
H4 Chart:

Well i was looking at EUR/USD on this weekend and i saw this pattern known as Gartley....It's a bear gartley in my opinion, and there is a possibility we might see price go down back around 1.0970. A break below that will target 1.0900......Good luck . Practice makes perfect .
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

AUD/USD

aslamhammad Updated 14 Aug.  in #Trader's blog
H4 Chart

Well it looks like an inverted head & shoulder pattern in AUD/USD. I think when price breaks above 0.7400, it will be heading towards 0.7439 area.....A break above 0.7439 can also lead it higher around 0.7470 max for now. Happy pip hunting
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

GBP/NZD

aslamhammad Updated 13 Aug.  in #Trader's blog
H4 Chart:

Well GBP/NZD looks like a potential bearish bat @ 2.4000. As earlier price formed a double top around that resistance area, hence probably after nzd retail sales are released if price is around that area==golden shorting area.
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

USD/CAD

aslamhammad Posted 12 Aug.  in #Trader's blog
Daily Chart

Well after drawing the elliot waves, in my opinion the USD/CAD should now come down, As it looks like the previous 1-2-3-4-5 wave has completed structure, so should expect now a new wave to the downside.
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

GBP/USD

aslamhammad Posted 6 Aug.  in #Trader's blog
Daily Chart

Well it looks like a bear pennant to me, as the flag pole is pointing down, so i assume we won't have any hike in interest rate of GBP, hence my sentiment is bearish upto 1.5410 .
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
More