BlogCatalog

Rain's Quote

My first interaction with forex was GBP/JPY, but more deep involved with forex, I learn that it's not about how you make a lot of profit, it's not about how fast you will gaining hundreds of pips. It's all about how you dealing with your psychological factors, how you manage your risk and stabilize your profit. It's true that GBP/JPY could give you hundreds of pips in an hour or less but it could take your all margin either.A fiew month ago, I decided reduce my trade in GBP/JPY and try to play in EUR/USD,It's hard time when I must learn new behaviour becouse trading in EUR/USD is not same thing dealing with GBP/JPY. EUR/USD has own rhythm. Based on that I decided to make this blog, I want to share with everyone about my journey to change my behaviour and I hope,you can feel the same thing, that it's not too late to learn something new and there is always new things to learn in forex market. Don't stop learn,once you stop it is same thing that you are dead. There is a lot thing I want to write but my limitation in english make it hard to me to wrtite, but I don't want give up. I believe, someday english would not be my constraints to write and share with you. My motto : Learn First, Wealth Will Follow.

Friday, June 26, 2009

EURO/USD Strategies on June 26, 2009

11:05 AM (GMT+7) - TF 30 mnt
Bullish indicated by EMA movement wich is EMA 5 dan 20 moved above EMA 66. RSI also steady above 50, Suport already formed by Parabolic SAR but candle pattern shows that it will be possibility for reverse down for a while as long as it can stay above 1.4000. Suport that hold bullish momentum was 1.3982. If break it will test 1.3888 again. That was my opinion. But if it steady above 1.4000, I hope it will reach 1.4080 and if that level could pass certainly, we might see 1.4138 again.

TF 15 mnt
In line with TF 30 mnt it's shown bullish pattern. But this still in Asia session and to risk take position now. I don't have time to watch it all day because I have to go. So I already put pending order( Limit Order):
Buy Limit at : 1.4025 SL 1.3975 and TP at 1.4075

Seja o primeiro a comentar

Post a Comment

DISCLAIMER

Trading of financial instruments involves substantial risk, including complete possible loss of principal plus other losses and is not suitable for all members of the public. This blog discusses my experiences and my style of trading. This blog is for entertainment and educational purposes only. The trades discussed here are MY trades. You make your own trades and you and only you are responsible for your trades. Ideas and opinions discussed on this blog are not in any way recommendations to buy or sell securities or investment advise.

Looking For Something Else?

free counters

  ©Forex-Dreamer. Template by Dicas Blogger.

TOPO