Monday, December 21, 2009

Dec 21 , 2009




Hi Traders ...
So how you are doin ? Surely everyone good rite ..... Firstly, I am sorry for not updating the market forecast since Monday last week. Really sorry for inconvenience caused matter. I am just goin JB for vacation... hehhehe

So what we have today in Fundamental Analysis


In Fundamental Analysis...it shows not much big event that can impact the market
movement.Maybe it was because this Friday is Christmas Eve,so i am thinking that market
volatility very light.
Today we just have Core Retail Sales for CAD, and form forecast it will Bearish for CAD.
Nevermind, let us see for the chart analysis and see what we have

GBP/USD

For the chart pattern : I cant see any chart pattern appear in H1 chart here.
MACD : seems like breakout gonna be happen within 2 hrs time.I can say that it will breakout up since MACD already at upper 0 level
SSD : at overbought area and pointing down,I can say that it will Bearish for the 1st 2hrs before it move to the its directional
So traders prepare got LONG in GBP/USD ...

EUR/USD
Chart Pattern says nothing.But my signal shows something...What is that ?? There is a big bullish ball and it will Bullish in a little time soon.
MACD : say so cause it already in upper 0 level
SSD : at overbought and will bearish a while and will give a very good movement after that
Traders can plan their order for LONG either find a very lowest point or just do a little money management to see sustaining power

Happy trading !!! See you tomorrow ...

Tuesday, December 15, 2009

Dec 15 , 2009




Hi Traders ...
So how your trading goes ? I was hope that everyone can understand how to trade base on what I was explained.So, last week I was not update this blog, any question or comment ? ...

Ok..So what we have today in Fundamental ...

We have 3 High Impact Fundamental ...
  1. CPI for GBP - it show that forecast (1.8%) is more than previous (1.5%).So,here i can say that GBP currency will Bearish.
  2. German ZEW Economics Sentiment for EUR - Forecast (50.1) is less than previous (51.1).So i can say that EUR currency will Bearish
  3. PPI for USD - It show that forecast (0.8%) is more than previous (0.3%). So I can say that tonite USD currency will Bearish.

That is what Fundamental Analysis said.So, how about our chart said ? Let we see them ...

EUR/USD

In Chart pattern : it seem like no pattern able that we can see there..
MACD : it was said that a very spike movement goin Bearish as per arrow show during the fundamental release, and will Bullish during the fundamental for USD.
Stochastics : It show that already passed the oversold line.A little bit reversal will happen and it continue the Bearish movement later.
So in my forecast is, EUR/USD will continue its trend which is Bearish....

GBP/USD
In Chart pattern : it seem like no pattern able that we can see there..
MACD : it was said that a very spike movement goin Bearish as per arrow show during the fundamental release, and will Bullish during the fundamental for USD.To confirm that,wait until MACD histogram under the 0 level
Stochastics : It show that pointed to the oversold line.A little bit reversal will happen and it continue the Bearish movement later.
So in my forecast is, GBP/USD is still under unknown direction.Some other analyzer said that everything is waiting the right time for breakout.

Happy trading fellas ... See you tomorrow for the result :)

Friday, December 4, 2009

Dec 04 , 2009




Hai Traders ..
How are you doin ? How yesterday forecast .. ? Eur/Usd and Gbp/Usd make a very high movement once forecast posted and trully same as expected. But during announcement, i was told that a little bit bearish, unfortunately it really been bearish until now..
Nevermind, that is why after announcement came up with the result, always re-do the analysis and for sure as a trader, you always have your decisions..

So, what we have today ? NON-FARM PAYROLL ... The most wanted Fundamental that are being waiting all over the world. My advice is for those who are really amateur, please keep
away from your trading account, and learn their movement...

Here is the News :




The Non-Farm Employment change and The Unemployment Rate ...So, how to get in the
market during this announcement ? It always come to your plan, and trade your plan..
As per conclusion, I can say that US having decrease their jobless, that is why previous values is -190K, and forecast is -119K.
So,for tonite USD become Bullish. Plan your trade, enter the position and right after result available, re-do the analysis and make your decision either continue your order or replace it ..

Ok now, what we have in the chart ..
EUR/USD


Chart Pattern : Inverse Flag - continue Bearish
MACD : position below 0 level, continue trend for Bearish movement
Stochastic : Pointing upward to make overbougt before turn down back
My analysis EUR/USD will bullish after London open market, and after all will be sideway until NFP announcement been made their result.As per 1st fundamental analy
sis-USD will bullish,and i will plan the trade to SHORT the EUR/USD before announcement until result available,then i will choose my decision either continue or reverse position.

GBP/USD
In GBP/USD market, we can see that yesterday movement Bearish after London open market until today.
Chart Pattern : NONE - after reach Lower High
MACD : still under 0 level and it will continue Bearish
Stochastic : pointing upward
My forecast is this movement will Bullish since it in the uptrend channel for 1H chart,until the NFP announcement, plan the trade to short GBP/USD, once result available I will come back to make the decision.

So,let we see for the movement and we learn how NFP will impact the market. Some rumors said, EUR/USD will change Down Trend.
Whatever it is, trader just trade either using Technical and fundamental analysis

HAPPY TRADING !!

ps: Tomorrow will have Technically Forex Course :)


Thursday, December 3, 2009

Dec 03, 2009




Hi fellow traders ..
So how your trading yesterday ? Hope that will be good, is just GBP/USD out of forecast, rite ?
Nevermind, aw what I was told before, pass is pass, forecast the future.That are circumstances being a trader...

So, what we have today in Fundamental Analysis ?


SO today gonna be high impact fundamental movement market price.
  • Min Bid Rate for EUR
  • ECB press conference
  • Unemployment claim for US resident
  • US Governor Ben Bernanke
As per conclusion, I can say that during the Bid rate and press conference since the prove on their current economic flow, movement gonna be Bullish for the EUR, it just a little Breakout Down once announcement released.
For the unemployment US resident, it show still weak for USD and gonna continue Bearish.
So, now let we see for the Chart Market movement

EUR/USD

So, in chart pattern : NONE
MACD : it show Trend continue BULLISH support by Signal Ball BLUE color
but in Stochastic : it have some contestant, since it was already on overbought- it will bring the market down 1st, afterall continue with their trend-Bullish
So, trader shud find the retracement level on bullish market now, and enter your position for buy, and dont forget to recheck while fundamental arrive.

GBP/USD

So in GBP/USD chart, not make too much different as EUR/USD
So, in chart pattern : NONE
MACD : it show Trend continue BULLISH support by Signal Ball BLUE color
but in Stochastic : it have some contestant, since it was already on overbought- it will bring the market down 1st, afterall continue with their trend-Bullish

So,what are you waiting for !!If you already learned all the technical indicator form me,you already know that I was told 9-types of entering the market.THE only one who will decide is your last fingure to become 10. Just do a little bit more analysis, and enter your trade.
This weekend, i'm gonna have a Technically Forex Classes as per announcement side. Dont hesitate to contact me

Happy Trading !! See you tomorrow with a VERY BIG EVENT OF EVERY MONTH!!

Wednesday, December 2, 2009

Dec 02 , 2009




Hi traders !!
So yesterday givin you all profit rite ? Ok then, yesterday is passed already. When you are traders, pass is pass, future is your determination . Everyday is a new day for you. You have to analysis and forecast the market, focus and dont chaos ..

What today in Fundamental Analysis ... ?


Oh..so today will have big movement rite ? Since have ADP Non- Farm Employment
Change...The thing is, USD gonna be Bullish while this Fundamental happen

Ok now, let see what we have on charts
EUR / USD

Chart patterm : NON
Trend : Bullish - Trendline will touch the highest and extreamlly bearish after that, So during ADP EU will bearish
MACD : what we have here is the Convergence on Chart and Divergence on Oscillator- It stongly support our forecast that EU gonna be bearish for today movement
Stochastic : Already overbought

GBP / USD
Chart patterm : the chart soon will form Double-Top. So nothing much options we have unless park your order either at previous high or at arrow that i draw(breakout down)
MACD : is decreasing on red color - so to confirm that strongly bearish movement, please be sure that next red histogram appear under 0 level
Stochastic : It strongly support the chart gonna create double-top

Ps : Other word is please be make sure your stop-loss for GBP/USD since they are volatile

Happy trading !!



Tuesday, December 1, 2009

Dec 01 , 2009




Hai Traders ,
How all of your trading ? Hopefully it will be great ... So, December onward I will post all the Daily Market Forecast for your guide ...

So Let us start with Economic Calender :



What's HOT today ??
USD ISM manufacturing Index
Pending Home Sales
Here I see that US gonna be bearish ..

So let we open chart using an custom indicator :
All chart as my forecast is using H1 chart

EUR / USD

Chart Pattern : Double-Bottom signal UP
MACD colored : Trend Continue on Bullish Movement
Stochastic Colored : OverBought , seems like have a little bit retracement for a while

So Trader , in H1 chartd, just drag a Fibo and a retracement level 61.8 , 50 or 38.2 level be your entry level for BUY !!

GBP / USD
Chart Pattern : Double-Bottom signal UP
MACD colored : Trend Continue on Bullish Movement
Stochastic Colored : OverBought , seems like have a little bit retracement for a while

So Trader , in H1 chartd, just drag a Fibo and a retracement level 61.8 , 50 or 38.2 level be your entry level for BUY !! - take care of your stop loss since Gbp/Usd are volatile