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.
I'm still sure bullish trend in EURO/USD, but several news anoying me. So I decided to stay away, I will try to catch the wave on US market
UPDATE : 22:01 PM - (GMT + 7 )
TF 30 mnt:
Euro/USD already take a reverse, so it's ready to continue the upper trend. This is based on EMA 5(blue) crossed down EMA 66 (red) but EMA 20 (green) seems like failed to follow. It indicated by candle already forming hamer on my chart. There is possibility price still goes to push it's low and try to break 1.3981 as my first support and the comfirmation it will be bearish if EURO/USD could break 1.3934 surely. Level to watch will possibility be tiny resistant : 1.4059, 1.4090. And if it realy goes up and steady above 1.4100, it has big chance re test today's high (1.4152)
TF 15 mnt:
In line with TF 30, it give me sign that downward getting weak, and it will bounce up soon. I've already buy at market price : 1.4014, my SL : 1.3974 and my target 1.4054.
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.
Euro/USD already take a reverse, so it's ready to continue the upper trend. This is based on EMA 5(blue) crossed down EMA 66 (red) but EMA 20 (green) seems like failed to follow. It indicated by candle already forming hamer on my chart. There is possibility price still goes to push it's low and try to break 1.3981 as my first support and the comfirmation it will be bearish if EURO/USD could break 1.3934 surely. Level to watch will possibility be tiny resistant : 1.4059, 1.4090. And if it realy goes up and steady above 1.4100, it has big chance re test today's high (1.4152)
In line with TF 30, it give me sign that downward getting weak, and it will bounce up soon. I've already buy at market price : 1.4014, my SL : 1.3974 and my target 1.4054.
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