Tuesday, December 28, 2010

Wednesday, October 20, 2010

FOREX 101: Make Money with Currency Trading

For those unfamiliar with the term, Forex (FOReign EXchange market), refers to an international exchange market where currencies are bought and sold. The Foreign Exchange Market that we see today began in the 1970's, when free exchange rates and floating currencies were introduced. In such an environment only participants in the market determine the price of one currency against another, based upon supply and demand for that currency.

Forex is a somewhat unique market for a number of reasons. Firstly, it is one of the few markets in which it can be said with very few qualifications that it is free of external controls and that it cannot be manipulated. It is also the largest liquid financial market, with trade reaching between 1 and 1.5 trillion US dollars a day. With this much money moving this fast, it is clear why a single investor would find it near impossible to significantly affect the price of a major currency. Furthermore, the liquidity of the market means that unlike some rarely traded stock, traders are able to open and close positions within a few seconds as there are always willing buyers and sellers.

Another somewhat unique characteristic of the Forex money market is the variance of its participants. Investors find a number of reasons for entering the market, some as longer term hedge investors, while others utilize massive credit lines to seek large short term gains. Interestingly, unlike blue-chip stocks, which are usually most attractive only to the long term investor, the combination of rather constant but small daily fluctuations in currency prices, create an environment which attracts investors with a broad range of strategies.

How Forex Works

Transactions in foreign currencies are not centralized on an exchange, unlike say the NYSE, and thus take place all over the world via telecommunications. Trade is open 24 hours a day from Sunday afternoon until Friday afternoon (00:00 GMT on Monday to 10:00 pm GMT on Friday). In almost every time zone around the world, there are dealers who will quote all major currencies. After deciding what currency the investor would like to purchase, he or she does so via one of these dealers (some of which can be found online). It is quite common practice for investors to speculate on currency prices by getting a credit line (which are available to those with capital as small as $500), and vastly increase their potential gains and losses. This is called marginal trading.

Marginal Trading

Marginal trading is simply the term used for trading with borrowed capital. It is appealing because of the fact that in Forex investments can be made without a real money supply. This allows investors to invest much more money with fewer money transfer costs, and open bigger positions with a much smaller amount of actual capital. Thus, one can conduct relatively large transactions, very quickly and cheaply, with a small amount of initial capital. Marginal trading in an exchange market is quantified in lots. The term "lot" refers to approximately $100,000, an amount which can be obtained by putting up as little as 0.5% or $500.

EXAMPLE: You believe that signals in the market are indicating that the British Pound will go up against the US Dollar. You open 1 lot for buying the Pound with a 1% margin at the price of 1.49889 and wait for the exchange rate to climb. At some point in the future, your predictions come true and you decide to sell. You close the position at 1.5050 and earn 61 pips or about $405. Thus, on an initial capital investment of $1,000, you have made over 40% in profits. (Just as an example of how exchange rates change in the course of a day, an average daily change of the Euro (in Dollars) is about 70 to 100 pips.)

When you decide to close a position, the deposit sum that you originally made is returned to you and a calculation of your profits or losses is done. This profit or loss is then credited to your account.

Thursday, September 30, 2010

Learn the Best Forex Trading Secrets From Experts



Trading of foreign currency or Forex trading as it is known is an easy way to make huge money by investing a small amount. There have been many traders who have, made huge profits by using the expert advice from others who have been on the forex platform for many years. Number of reasons makes Forex market the best place for investors who like their money to grow quickly. The highest daily turnover sure makes the Forex market the best place for any new trader to get accustomed with ups and downs of stock market.
However, you cannot just start trading on any platform; you need an expert view to help you decide what's best for you. There are many investors who have dedicated long hours and accumulated the best secrets to register huge profits at the growing forex market. With helpful reviews of the finest in forex, there are websites which can help you gather the best of this money generating market. Easy forex review, for instance would guide you on discovering why Easy Forex is the best trading platform for a new investor. The website would give you detailed features of the platform helping you to use it maximum advantage.
Like in rest of the trading markets there may be some brokers at Forex who are not true to their reviews. They may be providing their clients with unauthenticated information. Forex broker reviews would thus help you discover the superior facts brokers provide for the traders. A top forex broker would aid you with excellent transaction reports, round the clock customer support and a best forex platform to trade.
Trading security is one thing that most traders look for and forex broker reviews can help you immensely on this aspect. Searching for a platform and forex broker that helps their traders with useful tips can help anyone make it big in Forex. Easy deposits, convenient withdrawals, spot trades, multi-language interface and real time charts are just some of the features that you will get on a good forex trading platform. With so much expert help you sure can reach your goal of financial independence in real quick time.

Online Forex Trading Strategy - Automated Forex Trading Systems






Another Forex Trading Strategy that has become popular recently is the use of its Robots - Automated Forex Trading software that trades on your behalf 24 hours a day, 7 days a week, 365 days a year. While it might sound like a soft option, its robots shouldn't be dismissed. These systems operate according to the parameters set by the user, so the Robot's strategy matches your own, but it trades without hesitation and does not deviate from the set rules.
There a number of advantages to using an automated it system: they never sleep, don't get nervous and are constantly alert to all the relevant factors that influence their trading decisions. Trades are executed automatically, and they never miss an opportunity. Think of a Forex Robot as an obsessive compulsive forex trader that never sleeps. It can't think for itself though, or make "judgement calls" -it operates solely according to the parameters set out.
At times this can mean that opportunities for greater gains are not taken or potential opportunities that fall outside the scope of the systems mandate will be overlooked, but on balance a complex forex trading robot can be an excellent its strategy all its own.
Do they work?
The simple answer is "YES" but the more complex answer is that in some cases a human trader could do a better job. There is no doubting that Forex Robot's can deliver results, there are plenty of published "back tests" showing live trading performance of various automated trading systems, but which systems perform the best is open to debate.
The thing to remember with Automated Forex Trading is that it isn't a mutually exclusive strategy - you can have a forex robot trade along side your live trading platform and track it's performance against your own. Initial cost outlays vary between systems, but rarely exceed $100 or so, a pretty small investment given the complexity of the software and earning potential it creates.
Even from a learning perspective a Forex Robot can be a good investment. They often come with in depth guides to how you can set up the system to perform best and these guides are written by experienced and successful forex traders. They often contain tried and tested forex trading strategies and you can gain some real insight into how not only to improve the performance of the Robot, but also how to improve your own performance.
From a strategic perspective, Automated Forex Trading should be seen as part of an overall forex trading strategy, not a substitute for one. Do a little research on the different automated software available and read the reviews available on line. Ask around in forums and then settle on one to try. If you're a little hesitant to try a Forex robot just remember this: The best forex traders operate according to a set of rules that they have found to work, and many of these automated systems have been created by exactly these traders, which should give you some confidence about their ability to trade effectively for you. If nothing else, a good robot can be an effective part of your Online Forex arsenal.

Forex Trading Strategy - Simple Ways to Learn Forex Trading



Not so long ago, trading foreign currency for an income (also called Forex Trading, or FX trading) was the sole province of a select few individuals and trading houses. Trading currency required in-depth knowledge of the industry, constantly updated information and a large amount of liquid cash as an initial investment before you could even look at breaking into this highly lucrative industry. A close knit fraternity controlled most of the trading markets, and restricted access combined with excessive transaction or management fees effectively shut out most people from it as a legitimate investment model - but not anymore! A few years ago something major happened in the forex industry that completely changed the game and re-wrote the rules of it for money - online trading systems started to show up and suddenly the world of it was thrown wide open.
Online Forex Trading is the future of FX trading!
One of the great advances brought about by the internet has been the rise of them. No longer do you need a broker to trade for you - you can now quickly and easily trade yourself, anywhere in the world, any time you like - and with greatly reduced fees!
The ability to it has put the power in the hands of the everyday investor, and with it has come a vast range of support tools and services. Now anyone can learn how to it effectively. Various tools are available to online traders - from demo accounts, trading ebooks and online signal providers through to managed accounts, platform reviews and even automated forex trading systems. The number and variety of support systems available now puts control of your financial freedom squarely in the hands of the everyday user. The single biggest barrier to success in them is no longer start up costs or lack of information it's now fear of the unknown!
A great place to start learning the ropes is a forex demo account. Also called a practice account this gives you the experience of live trading, but without the risk. This is a perfect opportunity to get your feet wet without having to risk your own money and lets you try different strategies. Combine a practice account with a couple of the online eBooks available and you'll Learn Forex Trading in no time and be ready to step up to greater challenges. When you're ready to check out some effective online forex trading strategies, visit onlineforextradingstrategy.com and take a look at the resources on offer.

How to Identify the Candlestick Pattern





f you are new to forex, candlestick is part of forex knowledge that you must learn to know. Being able to identify the candlestick pattern in forex can lead to extremely high profits. The first indication for someone that a currency may have profit capabilities are when it emerges. Computer software developed in recent years have given us the ability to track forex patterns better than ever before; and these patterns give investors the ability to track price movements.
Charting the forex has become radically more high-tech in the last decade; the recently developed software allows investors to customize forex graphs to their specifications. Instructing software to recognize the pattern makes locating high profit patterns easy.
Recognizing the Candlestick pattern alerts an investor that high profit patterns are emerging; the pattern can offer instant and correct analysis of many patterns; allowing an investor to utilize these profit indicators at the correct time; therefore allowing the investor to increase his or her bottom line. One of the most lucrative signals is the Scoop pattern.
The Scoop pattern is very efficient and it is easily recognized visually. The pattern is formed after a long period of flat trading. Flat trading is most commonly comprised of several days of minor, hesitant trading. After a documented flat trading period, the price starts to back down; this flat trading period is identified as the handle of the scoop.
This flat period is usually longer than what is considered normal; the flat period is so long it becomes boring and it may be the boredom that actually causes the movement to begin. However, after a few days wait, there are small buy signals emerging and the price slowly begins moving up, therefore creating the scoop. A large percentage of the time, when the price rebounds, it tends to continue in a strong upward pattern, therefore creating a candlestick pattern.

Saturday, August 14, 2010

10 Advanced Tips For Trading Success!

Trading the Forex market can be tremendously exciting and rewarding but that doesn’t mean that starting out can’t be nerve wracking and at times frustrating. That’s why eToro offers you these 10 top tips  to help you trade:

1. Get Your Feet Wet Gradually. Most new traders start by opening many trades and then find it hard to monitor them all. By focusing on just a very few trades in the beginning you’ll give yourself the opportunity to keep track of your trades, and to get to know how the markets movements should be reflected in your trading approach.

2. Stop Forgetting Your Stop-Loss! The key cause of unsuccessful trading is excessive losses and the single biggest cause of losses is incorrect portfolio management. Remember that a Stop Loss is not there for decoration, it is there to prevent your losses from mounting up. Use it wisely and you will soon see your loss rate reducing!

3. Build A Trading Plan/System. Every trader develops their own individual trading system, depending on the amount of time they dedicate to trading. Traders with more time may adopt a day trading strategy, while others might trade longer term positions. The important thing is that, whichever trading style you adopt, you stick to your trading plan. Many new traders who experience trading losses find themselves tempted to switch approach however one or two losing trades don’t necessarily mean that your trading system isn’t going to be a profitable one.

 
4. Don’t Cut Your Profits Short. The number one mistake new traders tend to make is closing their winning trades too early. By sticking to your trading plan you can learn to avoid making hasty exits which will reduce your potential profits.

5. Don’t turn Profitable trades Into a Losing One. Once the market is going your way and your positions show a profit, keep a close watch on them. Move your stop loss forwards to your entry point to secure your investment. Then keep moving your stop loss forwards in the direction of the trend to secure your profits and prevent your trade from slipping back into a loss.

6.  Beware Of “Scaling In”. “Scaling in” is a strategy where an investor increases his position size when the position is negative, hoping that it will retrace back and close all the positions in profit. Using a “Scaling in” strategy isn’t necessarily a bad thing but it can quickly wipe out your account if you don’t know how to use the strategy correctly. As such it can be a risky approach for the beginning trader.

7. Plan Ahead. Never enter a trade because the price is suddenly rising or decreasing. Always plan your trades in advance. Know your desired entry point, Take Profit and Stop Loss rates before you trade and wait for the right opportunity to arise.

8. Preserve Your Capital. Profits are there for the making, but the real key to lasting Forex achievement is not to make profits; it is to keep hold of  them. Letting profitable trades run, cutting your losses quickly and keeping cool under pressure and in line with your trading plan is you key to profitability not for a single trade but across all the trades you make.

9. Trends Carry Momentum. New Traders are often unaware that as a new trend starts to build its momentum tends to increase. Additional traders will tend to jump on board an emerging trend, strengthening it as it continues to develop. Try to trade with the market’s momentum on your side, as it will often push your trades in the right direction, hitting your profit targets sooner than you might expect.


10. Don’t Waste Your Time On A Losing Trade. If you find yourself in a losing position, remember that it is better to save your energy, cut your losses and move on to the next trade. The Forex market is full of profitable opportunities, just waiting to be exploited, so don’t waste your time on an unprofitable trade!



Author : Etoro Team

8 Professional Trading Tips You Need To Know

  1. Never trade on wishful thinking. If you place a trade and it’s not working out for you, get out! Don’t compound your mistake by staying in and hoping for a reversal. 
  2. Psychological Factor. Uncontrolled emotions are the number one cause of trading losses. Don’t let your emotions sway you, stick to your trading plan and remember to set (and stick to) your Stop Loss orders.
  3. “The Trend is Your Friend”. When trading in the direction of a trend you’re trading with the majority in the Forex market. As a result you’re trading results will generally improve.
  4. Accept that a part of successful trading is knowing when to cut your losses. Every trader sees the market go against them sometimes. Successful traders know that profits are achieved  by owning up to your mistakes quickly in order to keep your losses in check. Dropping your failed trades will free you to focus your attention on looking for the next successful trade to let run.
  5. Focus on money management and a trading plan. Only enter a trade once you know how much of your margin you are willing to risk from the trade and how much you’re hoping to profit. Figuring out this calculation will help you develop your very own risk/reward ratio for your trade, the first step in a successful trading plan. Over time, the difference between successful traders and unsuccessful ones is that the former always enter the market with a trading plan and the latter never do.
  6. Take personal responsibility for your trades. Great traders accept personal responsibility for everything they do. Remember that you’re the one who is pulling the trigger. Great traders know that they are responsible for all the trades they make, either good or bad. Blaming the market or bad luck can cause a trader to lose focus on their ability to learn from their trading errors and apply their lessons to improve their trading in the future.
  7. Don’t become greedy. When traders have an open trade that is making them profit they often forget their pre-determined target for the trade, as they are sure that the trade will continue to make them profits. Remember that the markets are dynamic and that no trend lasts forever. If the price reaches your target, bank the profits or move your stop-loss forward to prevent a loss.
  8. Trade the News. Most of the really dramatic moves in the Forex market occur around important news events. Trading volume increases in advance of news releases and the resulting moves are normally significant: allowing traders to grab pips from rapid market movements. News-traders will often make only one trade a day due to the large potential profits involved by correctly trading important news releases.

Follow these guidelines and you should start to see an improvement in your trades immediately. But remember, the key to becoming a successful trader is discipline and the ability to stick to a set of rules.


author : eToro Team


Thursday, August 12, 2010

Wednesday, August 11, 2010

Fed outlook weighs on European shares; banks fall

LONDON, Aug 11 (Reuters) - European shares fell on Wednesday, with banks and miners declining, after the Federal Reserve's pessimistic view of the U.S. economy stung investors confidence on the sustainability of the economic recovery.
By 1045 GMT, the pan-European FTSEurofirst 300 .FTEU3index of top shares fell 1.4 percent to 1,047.64 points, falling for the second day in a row.
The U.S. central bank on Tuesday offered a more sombre assessment of growth and said it would reinvest the money from maturing mortgage bonds it holds into government debt to counter recent signs of economic weakness. [ID:nN09275781]
"The comments from the Fed yesterday are weighing on the market. There is a bit of nervousness about the outlook for the U.S. economy and we see some economy sensitive stocks among the worst performers," said Heinz-Gerd Sonnenschein, equity markets strategist at Deutsche Postbank in Bonn, Germany.
In Britain, the Bank of England said that inflation will fall well below its 2 percent target in two years, even if interest rates remain at their record low, leaving scope for further policy easing if the economy worsens. [ID:nBOE004293]
Banks were lower, with Barclays (BARC.L), HSBC (HSBA.L), Societe Generale (SOGN.PA) and Deutsche Bank (DBKGn.DE) shedding 1.2 to 3.8 percent.
Europe's main barometer of investor anxiety, the VDAX-NEW volatility index .V1XI, rose to a five week high and German government bonds rallied as investors' appetite for risk waned following the U.S. Federal Reserve's gloomier assessment of the economic recovery.
Miners were pressured by falls in the price of copper and other metals as the dollar rose against a basket of currencies. Eurasian Natural Resources Corp (ENRC.L), Kazakhmys (KAZ.L) Vedanta (VED.L) and Xstrata (XTA.L) fell 1.9 to 3.1 percent.
Across Europe, Britain's FTSE 100 .FTSE, Germany's DAX .GDAXI and France's CAC40 .FCHI declined 1.6 to 1.9 percent.
The Euro STOXX 50 .STOXX50E index of blue chips in the euro zone shed 1.8 percent to 2,751.31 points, falling below its 61.8 percent retracement of its slide from a high in April to a low in May of 2,805.69 points and holding above its 50 percent retracement at 2,736.73 points.

SMITHS GROUP STRONG
Smiths Group (SMIN.L) bucked the weak trend, rising 2.7 percent to extend the previous sessions' gains, as traders cited break-up hopes for the British technology firm.
On the downside, chipmaker Infineon (IFXGn.DE) fell 2.6 percent, after technology stocks in the U.S. weakened following earnings reports.
Steelmakers ArcelorMittal (ISPA.AS), ThyssenKrupp (TKAG.DE) and Salzgitter (SZGG.DE) fell 2.3 to 3.7 percent as traders pointed to increasing pressure on prices and analysts gave a negative outlook on price development in the coming quarters.
On the macroeconomic front, growth in Chinese investment and factory output slowed further last month as the government brought credit growth back to normal after a record lending spree in 2009 to counter the global financial crisis. [ID:nTOE67A01A] (Editing by Louise Heavens)

Tuesday, August 10, 2010

Analysis GBPJPY



If GBPJPY penetration into area 135.00, pair it might be  down/bearish into area 134.80 today,  pair now in the area level  135.20-135.05 and trying to penetrate 135.00, Beware out a Daily range, because has been meet, High and Low range 169pips, daily range only 144pips, condition in Hourly chart was overbought CCI (14)Short position ,Exit on 7pips, tomorrow maybe GBPJPY daily target fall/bearish until 133.30



GBPUSD Scalping M5

GBPUSD according to my analysis, Done in area level 1.5785, Hits 34 pips (2 Open Position)

Monday, August 9, 2010

Scalping Today


 
GBPJPY Hits 20pips

GBPUSD + 22pips, daily target bearish to 1.5785

Scalping EURPY on News Release, BRC Sales Monitor y/y & RICS House Price Balance, 
Previous 8%, Forecast : 5 %, Actual : - 8%, Hits ++35pips

Scalping EURUSD M5


Entry EURUSD

Hits +15

Scalping M5 GU-Parabolic in the ouside Bollinger Band

 
Scalping M5 GBPUSD,Parabolic Sar in the outside line Bolingger Band 20, Hit 30pips (double Open Position)

Thursday, August 5, 2010

Analysis EURUSD

EURUSD yesterday suffered a correction to the area level 1.3117 and then bullish  again to the area  1.3234, but still not penetrate to the highest area 1.3261,upside strong for this pair still going on today,beware on overbought condition RSI ( 14 ) and Stochastic ( 7,3,3) in  daily charts, i still waiting to entry for this trading because a lot news today,

Support & Resistance Today :

R-3 1.3358 - R-2 1.3290, R-1 1.3235 and S3- 1.3125, S2-1.3060, S1- 1,3005










News On Today : 

French Central Government Balance, French Consumer Price Index , French Trade Balance, ECB Presiden Trichet Speaks, Italian Industrial Production, Italian Prelim GDP q/q,German Industrial Production m/m, Unemployment Rate,  Non- Farm Employment Change, Unemployment Rate , Average Hourly Earnings





Wednesday, August 4, 2010

ISM-Non Manufacturing PMI Hits,EURUSD Hits + 28pips











Open Long Position, Before ISM-Non manufacturing PMI Release









I changed Long Position in pair EURUSD to Short, Cut Loss -6pips, because the results ISM-Manufactuim PMI News good visible  for US Dollar, Forecast 53,2 and Release 54,3, Exit on +28pips, Cut loss- 6pips = Total hits +22pips..DO NOT BE GREDDY

Monday, August 2, 2010

Analysis GBP & Headline News

  • GBPUSD : Hourly and Daily  charts strenght to support the uptrend to the  next  level 1.600, but beware to breakout  the support of 1.5778, the risk of a correction for turning things around towards the down, Resistance  : 1.6040 - 1.5970 - 1.5910, Support : 1.5685 - 1.5830 - 1.5850
  • Stronger European profit pushed GBP at the highest level in six months against the US Dollar, whereas the single currency, EUR reaches $ 1.32 and for the first time since early May. 
  • US Dollar  to its lowest in three month on Monday (8/2/2010), while EUR gained after passing throught  the technical level key

Good Job EURUSD..!!!




Good job EURUSD..!!!... volatile currency pair today is according to my analysis, after a long sideway/flat, finally this currency pair has been  bullish around 1.3195 in area level resistance 3.  I entry shortt position to take momentum reversal candle

Sunday, August 1, 2010

EURJPY & EURUSD Analysis












EURJPY Scalping Position Hits +12pips, 13pips..Total ++25pips



EURUSD Bullish in the Market Asian,Pair has the reached area level 1.3070.and will be up on the area level 1.3110, I've Entry in area level 1.3077 TP 1.3106,if the area is penetrated 1.310, then the EURUSD will continued to rise, but be carefull in trading monday, because the market usually dificult to guess and a lot of news to be released today, Beware of news release Retail Sales y/y(CHF) . Manufacturing PMI (GBP), ISM Manufacturing PMI (USD), Fed Chairman Bernake Speaks (USD)

Saturday, July 31, 2010

Free Forex Tools

If you have a site,Blogger or Wordpress you can decorate your blogs with free tools provided by forex broker,everything given free without register or not, if you are interested created your site more better and look like a pro , cliks the link below of my post:

  1. Dukascopy , Dukascopy TV, Market Quotes Table,Market News, Running Board, etc
  2. CMS Forex ,Forex Charts,Forex Quotes,Currency Calculator, Pips Caculator
  3. FXDD  ,   Calculator generator, Forex Ticker, Currency Ticker,Commentary Widget            
  4. Saxo Bank ,   Forex Quotes,Currency Converter, Quotes Ticker, Forex Chart, Economic Calendar,etc
  5. Oanda, Currency Streght Heat map, Currency Graph,Exchabges rates trend,etc
  6.  Forexpros, Currecy Cross Rate, Exchange rates table, RSS,Currency converter,etc
  7. Forexfactory, Economic Calendar

Thursday, July 29, 2010

Long Positiong Scalp GBPUSD Hits ++37pips

Parabolic Sar  in the  outside line lower bollinger band..Entry long SCALPING Hits +19pip, ++10pips and +8pips, I entered again when the price penetrate on area  pivot line level.Total i get 37pips...

Analysis GBPUSD - GBPJPY

  • GBPUSD will be up on Market Asia, I Long  Position when pair penetrate in area level 1.5625, short position in area level 1.5585, Resistance 1.5745 - 1.5650 - 1.5635 Support : 1.5445 - 1.5525 - 5560
  • GBPJPY, will be up in Market Asia, wait an see, i will entry long when  pair penetrate in area level 135.30,  Entry short Position in area Level 134.65 Resistance137.65 - 136.50 -136.20 Support : 134.35 - 135.70 - 135.95
  • Headline News July 30,2010 : Measures of the movements of financial markets this week seems difficult to establish a trend. Wall Street closed down in the middle of a volatile session Thursday after technological enterprise view and comments from a member of the u.s. Fed ' s monetary Council to support the action of investors purchase.

GBPUSD Bullish on the open market US ..Hits ++40pips


Hits +40pips, Exit on  level 1.5653...Done ..!!!..do not be greddy..I had completed my trade today and all according to my analysis, Thanks to ALLAH God

Entry Long  Position on pair GBPUSD, Entry at level 1.5613

Done.....!!!! GBPUSD Hits ++29pips

 

Enter Short Position GBPUSD in the area level 1.5640

 
Done....!!!! Hits 29pips for GBPUSD, Exit in the area level 1.5611..Mission Accomplised

GBPUSD Analysis in Afternoon GMT+7













GBPUSD  are now trying to penetrate 1.5665, if successful impregnable these area level , GBPUSD will continued bullish  to area level 1.5730, but my analysis on these afternoon GMT +7, GBPUSD will to go down /reversal first and then potential Bullish in the USA Market .I've entered short posistion in area level 1.5640 TP 1.5620 CL 1.5665


Wednesday, July 28, 2010

Scalping In the Morning, Hit 23pips

In morning at  Asian Session, pair GBPJPY seemed Bearish, after yesterday just reached the highest level  137.54, then the price did not pierce level 137.70. My first entry this today at the level 136.21. then i closed it at the area level 135.98, I get +23pips...do not be greddy, I'll wait in  the second entry when the pair at the reached  level area 135.70, Support and Resistant for today at : 134.35 - 135.80- 136.30 Resitances 138.90 - 137.80 - 137.50.
13.00 GMT + 7Beware News For GBP on Nation wide HPI m/m, sign in Red at the forexfactory will means the possibility of high volatility..happy trade for all traders... 

I test long position at level 136.16, TP 10pips..

Entry Long for GBPJPY on image 2














Hey look.... Signal comes again,..parabolic sar on the outside BB..!!!!

 Image 1











Hey look.... Signal comes again,..Parabolic Sar on the outside Bollinger Band!..!!! Parabolic sar (0.02 0.2)looks  on the  outside  line Bollinger Band (20,2) After i saw the above support to going down, I entry in pairs GBPJPY again  in level 137.00 and I've get more pips again ,hits +30pips..this is my very simple scalping strategy...At the image chart  2 (two) i tried again entry  on the area level 136.68 ,Exit on the area level 135.36...I get hits +32 pips. I use this strategy everyday in my trading, but candlestick patterns knowledge is required for this strategy.

Image 2
 

Tuesday, July 27, 2010

GBPJPY hits +33pips, pair maybe up to 139.10

Gambar 1












Volatilitas untuk pair GBPJPY dari kemarin terlihat sangat strong, pair kemungkinan sampai ke  area level 139.xx..jika menembus area resistance 137.90.support dan resistance  untuk hari ini, Resistance  138.90 - 137.90 - 138.90 dan support hari ini 135.70 - 136.10 -136.70, saya tadi Entry scalping dan hits +33pips lalu exit, dan entry yang kedua  entry pada area 137.21...gambar2 saya entry lagi ,garis orange adalah high terakhir GBPJPY di area 137.28..tertembus dan saya exit di area  137.37..Gambar 3, saya entry scalping lagi setelah pair melakukan  reversal di area 137.17...exit 127.46, i  love scalping

Gambar 2












Gambar 3




GBPUSD 5M Scalping With BB & Psar

Saya juga mencoba sistem scalping dengan megunakan indikator Bollinger Band & Parabolic di  pair GBPUSD ( lihat posting GBPJPY ), saya Entry di area 1.5548..Perhatikan letak Parabolic Sar juga berada dia area Bollinger Band, pair melesat sampai dengan titik 1.5548...total hits +20pips....terima kasih kepada John Bollinger dan J Welles Wilder dua master hebat pencipta indikator ini.



Monday, July 26, 2010

EURJPY 5M Scalping Technics with Bolingger Band & Parabolic Sar

Saya mencoba sistem scalping M5 yang sangat simpel ini di pair EURJPY,pada posting sebelumnya saya bermain di pair GBPJPY,lihat posting sebelumnya di  GBPJPY 5M Scalping Technics With Bolingger Band & Parabolic Sar, pada saat indikator parabolic Sar berada di luar BB, saya Entry Short di 122.35 dan di 112.32, dan saat harga mencapai area 122.21 saya exit, masing  hits +14pips dan +9pips..lumayan mendapat total 23pips, pair melesat sampai dengan low level area 112.16...berarti volatilitasnya 19pips.


GBPJPY 5M ScalpingTechnics with Bolingger Band & Parabolic Sar

 
1. Entry , Pada saat parabolic sar diluar BB 20,SD2 PaRabolic Sar Setting Standar di 0.2 dan Step 0.02 Max 0.2, perhatikan TF di atasnya maximal sampai dengan TF H1,apakah searah  dan trennya mendukung untuk Bearish ataupun Bullish

2. Exit,pada saat Lower di TF5 sudah mencapai Lownya, (perhatikan zig-zag) untuk tehnik ini volatilitas pairnya bisa mencapai minimal 10pips sampai dengan 80pips....tapi untuk trading yang aman cukup TP 20 Pips saja sangat bisa untuk mengunakan sistem ini, volatilitas pair dengan mengunakan tehnik ini bisa dilihat digambar di bawah ini, ini.tehnik sangat simpel ini bisa digunakan di semua pair


3. Saya mencoba menahan posisi saya sampai dengan titik Level  terendah GBPJPY di  TF 5 yaitu pada 134.48, ternyata di titik level  area tersebut pair reversal. saya Entry 135.10 dan Exit 134.64..TP 46pips,Volatilitas dicpai sampai dengan  64pips


4.Exit terlihat Pair akan reversal
 
5.Entry Long,karena saat pair reversal posisi parabolic sar di luar area Bolingger band, saya langsung  memanfaatkan momentum  ini, dan Hits lagi ++12pips untuk pair  GBPJPY..simpel kan?he..he..he..Happy Trading for all Traders




Friday, July 23, 2010

Hits +46pips Short Position Scalping EURUSD

Hits +46pips Short Scalping EURUSD


EURJPY Short Scalping Hits+18pips

Dari pagi pergerakan pair sangat lambat dan ketika saya melihat signal yang cukup baik di pair EURJPY untuk entry tanpa basi-basi,,,langsung saya Entry Short untuk Scalping pair EURJPY..Hits +18pips

Thursday, July 22, 2010

Hits +18 pips For EURUSD New Release - French Flash Manufacturing PMI & Frech Flash service PMI

 News French Flash Manufacturing PMI direleas Previous 54.9  Forecast 54.1 dan hasilnya 53.7 masih diatas angka 50 walaupun tidak sesuai forecast EUR melesat juga bullish keatas saya mendapatkan Hits +18pips, sedangkan Frech Flash service PMI juga mencapai angka yang cukup menguntungkan untuk  pair EURUSD bullish, secara trhnical tadi saya entry setelah melihat candle Hammer di TF H1

Wednesday, July 21, 2010

News Forex today for EUR,GBP,USD

Jika kita seorang trader sejati, wajib dan ada baiknya kita memperhatikan news-news apa yang akan di release dalam setiap trading harian kita, new-news yang akan direalease bisa dilihat di forexfactory  ,fxstreet serta masih banyak lagi site-site forex yang memberikan informasi news.berikut ini adalah news yag akan direlease hari ini yang impactnya berkaitan dengan pair EUR,GBP,USD,yang saya akan tulisan sedikit disini adalah news yang mempunyai dampak dari medium sampai dengan high, bisa dilihat di forexfactory.com yang bertanda Orange  Impactnya : Medium dan Merah : Strong 


















Flash Manufacturing PMI adalah suatu tingkat pengukuran suatu tingkat indeks  berdasarkan survei dari manager pembelian di dalam industri manufaktur, angka diatas 50 berarti menginkasikan ekspansi pasar ,bila nanti angkannya dibawah ini berarti menunjukkan kontraksiyang cukup signifikan dan pair EUR mengalami penurunan, angka diatas adalah menunjukkan Nilai Previous 54.9 dan Forecast 54.1 

Flash Service PMI adalah sebuah indikator yang mengukur suatu nilai aktifitas manajer pembelian disektor jasa.Jika nilai French Flash Services PMI turun maka nilai mata uang Euro akan mengalami penurunan. 

Retail Sales m/m adalah sebuah indikator yang mengukur pertumbuhan penjualan sektor ritel dalam suatu negara. Jika nilai Retail Sales m/m AS turun maka nilai mata uang GBP, Euro akan melemah terhadap USD.jika naik maka GBP dan EUR akan menguat 

Industrial Order m/m  
adalah sebuah indikator yang menghitung nilai pembelian barang dari pihak perusahaan manufaktur lokal suatu negara. bahan yang dibiasa berupa bahan jadi maupun bahan baku 

Unemployment Claims 
adalah suatu indikator yang mengukur  tingkat jumlah kegagalan orang di dalam suatu negara umtuk mendapatkan asuransi pengangguran ,,jika nilainya naik maka nilai mata uang suatu negara akan melemah 

Fed Bernanke Chairman  Testifies 
adalah  Federal Reserve dari bank  Sentral di Amerika Serikat bila di  adalah Bank Indonesia (BI),  testifies dari FED ini mempunyai pengaruh yang besar dalam perdagangan forex 

Exiting Home Sales
adalah indikator yang mengukur tingkat penjualan rumah dalam suatu negara pada bulan sebelumnya