robin_bajaj_7

robin_bajaj_7

Technical With a Potential Double Bottom and RSI Divergence on 4 Hour Chart which might tempt people to go long,but i personally will prefer to stay neutral to short for the moment and watch the 100.75 - 100.95 zone which seems to be the dividing line between bulls and bears atleast in the short term. Fundamental With recent FOMC minutes...

robin_bajaj_7 Updated 

After the NFP took it higher with a strong number i am now looking for some weakness or pullback. Trade Plan Short @ 1.3180 Stops Above 1.3205 Target 1.3100 If you agree with my analysis support by pressing the like button Happy Trading Cheers!! FX:USDCAD

robin_bajaj_7

GBP pairs sold off pretty hard today after BOE lowered key interest rates to all time lows. Going forward i will be playing a bounce on the short term time frames. Looking for a bounce of the channel and stops below 131.3 If you found my analysis useful support by giving it a thumbs up :) Let's get talking Comment ur opinion below Keep...

robin_bajaj_7 Updated 

With Bank of England ready to Cut its Interest rates to record low of 0.50 by cutting 25 basis points this will be first policy action in 7 years and also continue its Quantitative Easing at £375 billion. Therefore Pound is looking ready for a selloff also Reuters reported that speculators were holding record short positions on pound, which...

robin_bajaj_7 Updated 

Let me take a minute to emphasis the Importance of this Resistance its a BIG one seriously. This Resistance line which is Being Approached on $NZDCAD has held several times during this year before this encounter. Also there is a CUP & HANDEL pattern forming which is giving some insane targets of close to 1.0450 so don't get carried away so easily. I...

robin_bajaj_7 Updated 

Mr Abe Launched a Stimulus Package again, Yes Again!! and No its not Helicopter Money. Read More Here: www.wsj.com & : www.ft.com After the News the Yen has strengthen to 101 and trading around 101.80 Now I am Looking...

robin_bajaj_7 Updated 

Today RBA Cut the the Key Interest Rate by 25 basis points From 1.75 to 1.5 as Consensus suggested. The Australian Dollar rallied and now has formed a Bearish RSI Divergence on the 4 Hour chart after Hitting Important Resistance of 0.7620-30 looks Like it will pull back a bit at least to 0.7540 which also a important support and fib leve l before...

robin_bajaj_7

The WTI Crude touched a Low of $40.55 last week after the release of inventory data (Last Wednesday) showing over Supply. The recent release of Chinese PMI data showing signs of Chinese economy slowing down further, which puts additional pressure on Oil going forward. Read More Here : Buyers Buy $41.10-$41.30 for targets of $44-$45 and a Stop...

robin_bajaj_7

Everyone is Busy with Daily and Hourly charts,So I have stepped back and trying to shed some light on Monthly as it is at a very Crucial Decision point. Falling Trend line from all time Highs we hit in 2011 is here to decide the faith of Gold ;) Short Term Correction at least to $1200 is expected in coming month or two, it may not come in light of some Big...

robin_bajaj_7

Everyone is Busy with Daily and Hourly charts,So I have stepped back and trying to shed some light on Monthly as it is at a very Crucial Decision point. Falling Trend line from all time Highs we hit in 2011 is here to decide the faith of Gold ;) Short Term Correction at least to $1200 is expected in coming month or two, it may not come in light of some Big...

robin_bajaj_7

Only one Reason RSI Bullish Divergence and if we are able to close above $42 on weekly tommorow. I am a Contrarian who basis trade on Risk to reward. Now Risk seems favourable For Longs Disclaimer: Do your Due Deligence Before Investing/Trading as Views are Personal

robin_bajaj_7

Checkout The Demand and Supply zone marked

robin_bajaj_7

3 Reasons For Short 1) Hit Major Resistance 2)61.8% Resistance 3)Rsi Bearish Divergence