Lately, a crimes related to Cryptocurrency happened in Turky. The Thodex closed the website while the founder of those website fled Turky with $2 billion assets. This will open worlds that this digital money actually still premature and need more assessment to becomes one of payment tool. As a trader, I am opened minded about what instruments I trade. But,...
I do not trade America stocks, but some ask me about the movement of TSLA, so I will share my opinion here in public. First, I can say that the trend for TSLA now is bearish now. Since broke down support 779.33, technically, the bullish trend is over. Buying momentum has been gone since that. If we talk about the market structure, you can see obvious two "box...
In this weekly analysis about GBPCHF, I will share a simple strategy but yet powerful enough to give all of you decent profits. First before explaining further, you all should know that trading is a game of information. And a game always related to a probability. Meaning every party involved in the game can not make sure that they know for sure what will happen in...
After dropping from 1.22420, EURUSD finally tested the strong support on 1.18790 and stalling there forming a ranging area. We see demand zone here quite strong absorbing all selling orders and this making price stop. Next week, potentially EURUSD can rebound from support zone and moving higher to test again 1.22420. So, my view is still bullish for EURUSD and...
Ole...Ole...Ole... I am looking at this chart of oil with the background songs from Shakira "dare la la la". It pumps the emotion, eh.... What I will say... Let see... What a beautiful chart of USoil. No doubt you have to buy this instruments. What price? 63.35 or 62.42. The target? 75.3 You can see in the chart, OILUSA already enter the new...
One commodity that I follow regularly is coal. For the reason, it influence a lot with mining stocks. The bearish trend of coal ended on Nov 2020 last year. Strong support that holds this market is 71.81-70.41. After breaking out that zone, price consolidating and forming box range corrective structure. For the last 14 weeks, price moving inside that box zone....
Actually I rare to trade commodities like sugar. But when doing my weekly analysis, I found the interesting setup for me and wanna share this to you. After all, it is interesting to try to trade another instruments. Remember, technical analysis can be done to all financial instruments in the market. So, let us start... If we see the newest price action in this H4...
Hello, traders. One of my trading routines is doing weekly analysis where I analyze market and find trading edge for me for next week. I found this habits make me more productive and give consistent results. In my weekly analysis , I found some interesting trading facts, and will share one for you here. AUDUSD, I know some traders out there think to trade...
3 weeks ago, buyers tested supply zone (84.315-83.739) and pushed back by sellers. This making AUDJPY dropped 3.54%. But then, once again, buyers show their dominance by regaining their buying powers again and give order flow to market on the dynamic moving average (82.080) and lifted price up again. Now, finally, the buyers laid their foot again in territory...
I bought GBPUSD yesterday night (6 hours ago) and will share what I see to decide this decision. First of all, GBPUSD is undergoing a nice bullish trend, a strong one with respect to dynamic value area in D1. I noticed GBPUSD directed to this dynamic value (moving average) and prepare myself to check the signs of rebound from it. I expect this rebound, because I...
Hello traders, I see the changing of market structure for this XAUEUR, and feel like the support will be broken soon. So, next week, we still will see gold rebound from the support but potentially market will reject it on the resistance trend line (drew on my chart) and sellers will continue attack support again and again until it breaks. So, taking a side as...
Somehow, I see the breakout probability for this currency with target near resistance. So, calculate your risk and reward then to go long. Detail explanation just see in my chart. Happy trading.
Hello traders, Meet me again. This time, I will share my trading idea about Gold vs US$(XAUUSD). Recently, Gold going down after testing 1959.1 and now, it is already near major support again and rebounded from the first border of the support zone. The question (from some friends) and also from most of you who follow this gold is "Gold rise again or not"? So,...
Hello, traders. If you search the information about CFD, most people lost money when trading it. It is because this difficult to trade? I don't think so. The most common problem in my opinion lays on 2 factors. First is do not have solid trading plan. Second is do not have risk limit level. The first factor talking about to forecast how market move based...
This is what we call "ranging market". As you can see, recently DJI broke out the major resistance and since then, though market still move up but not much distance. And now the market moving sideways, where the price trapped between a support zone and resistance zone. In this case, it is safer for you who interest to go long to this market to wait for the market...
Oke, I know most of you out there still expect the gold to rise up. Considering the trend, yes, it is still bullish. But, I also see the changing bias happen in intraday time frame. So, I expect the gold to go down lower to test again the major support. And this also making the gold move sideways potentially in near future. Good luck then
Finally after sideways consolidation for a few days, Crude oil broke out yesterday. And this open the new region to be claimed by buyers. So, let us enjoy this bullish movement and get harvest with buyers. Happy trading