Personal Coaching- Basic Trading Style vs Market Sentimen ..One to One only

[cottage]

latihan mengasah skill teknik trading di pagi hari..

Ascending wedge/triangle formation terbentuk di chart EU dan Chart EJ and price action breakout..(after a series of spinning top/doji di line support, buyers come in-->large bull candle and penetrate resistence)

in forex strength meter--> Eur strong, Jpy weak..

 

[puteh_linux]

dah buka kelas ni kasi lah tips2 utk entry kasi test power.

 

[cottage]

dah buka kelas ni kasi lah tips2 utk entry kasi test power.

entry saya is based on basic trading style shj..breakout triangle formation, breakout SnR...as simple as that..

 

[cottage]

Result Live Trading bersama One student, Nuranis di Kuchai Lama, malam td..Sell Eu, Sell EJ

Don't Trade on initial Explosion...wait for candle H1 close below the trend line, 2nd candle must on the same trend with breakout candle.

Most of the time, Price tend to come back into the cage after initial explosion...Only Open post when price moving back the same direction.."SABAR"

 

[cottage]

The best pair to trade now
EUR/USD: quiet session ahead

Thu, Jun 3 2010, 23:47 GMT
by Valeria Bednarik

FXstreet.com Independent Analyst Team | View company's profile
Vote:
59e3a9d2-940c-4100-986f-f02291390450

As usually happens before payrolls, market is moving in quiet tight ranges as investors seem not willing to take risk before data come out. Euro however remains consolidating at daily lows, and despite hourly chart show indicators slightly exhausted to the downside, a break below 1.2145 should trigger a quick rally close to 1.2100/10 area. Above 1.2210, rally could extend to 1.2240/50 zone as per correcting past fall.

Euro/Jpy

Euro/Usd

 

[cottage]

few hours after NFP news...as forecasted, good fundamental news (FA) brought strength to USD currency against it counterparts..Euro was hit hard..

Sell EU after breakout di triangle yg terbentuk di Support 3..walaupun daily average dah exceeded, but the movement was strongly influenced by FA...


Utk high profile news cam NFP..normally saya hanya akan Open post bila dah trend has obviously show the direction...saya takkan open post during the release and 1st hour kerana market akan ranging dlm julat yg besar...the SS below, describes everything

 

[cottage]

7th -11th June has free slot...sapa yg serius nak trade forex dan nak belajar..boleh pm saya..2 sesi berturutan..charge rm 100 utk 2 sesi tersebut dan akan kekal sampai bila2..insyaallah

 

[redox6464]

7th -11th June has free slot...sapa yg serius nak trade forex dan nak belajar..boleh pm saya..2 sesi berturutan..charge rm 100 utk 2 sesi tersebut dan akan kekal sampai bila2..insyaallah

Tahniah buat TT ..

smoga usaha murnimu ini berkekalan .. & membawa kejayaan kepada para2 trader ~

 

[cottage]

http://www.actionforex.com/action-insight/market-overview/weekly-review-and-outlook:-dollar-index-targeting-2009-high-on-euro-weakness-and-risk-aversion-20100605114899/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ActionForexall+%28Action+Forex+%28ALL%29%29&utm_content=Google+International

EUR/USD Weekly Outlook

EUR/USD's down trend resumed after brief consolidation and reached as low as 1.1955 last week. Initial bias remains on the downside and further fall should be seen to 100% projection of 1.5143 to 1.3266 from 1.3691 at 1.1814 next. On the upside, above 1.2082 minor resistance will turn intraday bias neutral. But recovery should be limited by 1.2330 resistance and bring fall resumption.

In the bigger picture, whole down trend from 2008 high 1.6039 has resumed and should should now target 1.1639 key support level and possibly further to 100% projection of 1.6039 to 1.2329 from 1.5143 at 1.1433. Nevertheless, strong support might be seen between 61.8% retracement of 0.8223 to 1.6039 at 1.1209 and 1.1639 and bring reversal. But after all, On the upside, break of 1.2671 resistance is needed to be the first signal of bottoming. Otherwise, outlook will remain bearish.

In the long term picture, considering the five wave impulsive structure of the long term up trend from 2000 low of 0.8223 to 2008 high of 1.6039, price actions from 1.6039 are viewed as a correction only. Hence, we'd expect strong support between 61.8% retracement of 0.8223 to 1.6039 at 1.1209 and 1.1639 support to contain downside and bring another long term up trend. However, note that sustained break of 1.1209 key fibonacci level will dampen this view and open up the case of a take on parity.


Dailfx

USD = Bullish
Euro = Bearish
Jpy = Neutral

 

[cottage]

My Trading Style yg terkandung dlm silibus kelas belajar forex--->Significant price formation

Warm up di awal minggu...setup candlestick pattern yg cantik di timeframe H4...hammer head pattern..selepas hammer, kuar satu bull candle yg sizenya more than 50% of candle before hammer..sign reversal yg strong..di meter, Euro > USD

di time frame H1 pula..piercing line pattern di zone support yg sama..tp momentum weakening di sbbkan saiz candle yg semakin kecil..so, tak berani hold lama2

p/s: lambat open post..

H4

H1