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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.

Wednesday, July 8, 2009

EUR/USD Strategies on July 08, 2009

07:45 PM (GMT + 7) EUR/USD TF 30 mnt

EMA 5, 20 and 66 already comfirm bearish , RSI below 50 ( bearish), Parabolic SAR give me same sight, 2 previous candle also comfirm that pull back already done and now ready to continue push lower. Resistant seems like formed at 1.3926 - 1.3938 area first and I've seen strong resistant at 1.3972 area.







TF 15 mnt
TF 15 shows the same things. So I'd prefer pick short this time. First support are today's low and if it's break,and steady, I think Eur/USD will goes to 1.3775. I will take short after TF 5 give me sign, and my opinion TF 5 will go up first. So I will wait if price could not break 1.3938 surely i will take one short






UPDATE : 08.13 PM (GMT+7)

Already sell at 1.3909, SL at 1.3944 and my target at 1.3839

4 Comentários:

Nando15 said...

hai bro...I wish You have a great trading and great day,..I was thinking the trend start to change I have buy position at 1.3862 my first Target 1.4070, let see bro..sukses selalu trading nya Oh iya kamu tuh di Yogya..??? kalau di YK kenal ama isnaini gak..ama pogung temen2 nge web design dulu sakam..sukses ya...

Raksaka Nala said...

This comment has been removed by the author.

Raksaka Nala said...

sebenarnya kalo dilihat dari TF daily tren masih bullish dan dalam masa koreksi ( patokan aku EMA 66), kalo dari TF daily EMA 66 di kisaran 1.3735, untuk saat ini tren nurut aku ( terutama intraday/short term) masih bearish banget, tapi aku dah clear short nya, besokj liat lagi masih ada peluang sell nggak. Aku di magelang bukan jogja, isnaini kayaknya pernah liat ID itu tapi aku ga gitu kenal

jakasembungbawagolok said...

Bro..I think You ' re right..:)mungkin ke 1.374x an ya :) kalau tembus ya medun lagi :))..iya kita lihat aja boss :)

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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.

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