[Analysis] EU ... again.

The arrow show my target for EU.

ps: Trade on your own risk :)

[Analysis] GU ... doji candle

For the H4 chart above, we can see doji candle .. so i will open short for GU.

[Analysis] UJ ... again.

Last post UJ broke TL. Well, i loss about 50 pips. Well i you read news about 2 days ago Russia
dump US dollar so USD weak. My prediction, UJ will go to fibo 61.8% 92.57 ...

Good luck. :)

[Analysis] UJ

I hope this is starting point for UJ to going up after retrace to 50% ... I will put my TP at 96.69.

All the best. Trade at your own risk. :)

[Analysis] EU ... will EU going down after this?

From the chart above after EU touch 38.2 (1.3745) maybe EU will going down. Why? because in this monthly chart you can see doji pattern. Well this is monthly chart so it maybe will take 1-2 weeks or maybe not.

ps: Good luck. Trade on your own risk. :)

[Result] EU ...

Tuesday ...

Friday ...


I hope EU will go to 1.3870 next week, but be ready for retracement. :)

[Result] EU ..Doji :)

Congrats. I already close my position with 150 pips. I think that's it for today because after this there are a lot of news. Bye. :)

[Analysis] EU ..Doji??

For EU daily chart, i can see doji candle ... doji is reversal candle so i hope today candle will go up :) but be aware there is a lot of news for today and also NFP. Good luck. :)

[Analysis] EU

This is my prediction for EU. We can see the price broke TL (green line). So before price going up i think it will try to test TL again (now support for EU). My TP 1.3870. But this is daily chart so it maybe take about several days before reach TP.

Good luck.

[Result] GJ

Ok. 1st TP already touched by GJ. Now i just wait whether the price will go to 145.68 before going down or going down from 145.15. Be patient. Good luck. :)

[Analysis] GJ

White circle are my prediction TP for GJ. I also think GJ will retrace from this TP point.

[Signal] GJ

This morning, i open post BUY for GJ and make TP at 145. Good luck.

Congrats EJ misson accomplished :)

Thank god, we got almost 570 pips ( 150 sell and 420 buy). :)

[Analysis] EJ ... continue

Congrats if you sell yesterday you got about 150 pips, then if you buy as i mention previously you now holding more than 330pips. For today i just wait EJ price touch my TP at cyan line above (128.50). Good luck. :)

[Analysis]EJ ... re-analysis

I just got 30pips from previous analysis, but i still think EJ will go up to my previous target but before bounce up EJ price maybe will down to sma100 ( cyan circle). If the price cannot break sma100 then my target up will ON.

ps: good luck and trade on your own risk.

[Analysis] EJ

Today we can see gap at EJ. My target as i put above. I buy from candle pink that completed as hammer candle. Good luck. :)

[Analysis] GJ ... Weekly and daily analysis

This is weekly chart, we can see price already touch lower TL (cyan) after the price broke this TL several weeks ago. The price try to break lower TL that now become a support for GJ, if new weekly candle open above this lower TL, i think price for GJ will go to fibo 38.2% at 155.13.

This is Daily chart. We can see the candles in pennant pattern. So next week we just wait whether the price will break out Up or Down. I hope it will be up so i can make TP at fibo 38.2% for weekly chart . :)

ps: good luck.

[Analysis] GJ

After went down from 148.xx until 141.xx, I hope GJ will retrace until 50% and above. :)
I set my target from i point to another.

ps: Good luck.

GU. Mission accomplished.

Congrats to everyone who is follow my analysis. Price for GU drop about 350pips from the TL. Now i'm waiting for the good signal to buy low . :)

[Analysis] GU HnS ??

GU made Head n Shoulder? well if you see the pattern there it look like HnS. I post sell and make TP 100pips below the TL. :)

ps: Trade at your own risk. :)

[Analysis] EJ .. below TL??

Price for EJ now below TL, i will wait to sell below TL after the price going up to TL. My principle sell high :)

[Analysis] UJ

From the chart above we can see that candle try to break red trendline, if price can break it i will put my target about 100 pips from red trendline maybe 101.60 .

Good luck.

[Analysis] GJ retracement ...

Yesterday i sell GJ at 151.05 then the price went down to fibo 23% so today my target is at 38% and maybe 50%. You can see GJ price bounce from 23% fibo but H4 candle for today open below 23% fibo so maybe price will go down to fibo 38.2%. I hope you all now in profit from yesterday position. But please lock your profit so you can protect your profit if price going up.

[Analysis] GJ ..Weekend

A Chart above is weekly chart. Last 2 week i'd paste this chart, you can see now GJ price broke the red trendline and on the way to upper red trendline. This upper trendline is a strong resistance for GJ i don't think GJ can break it with just one move, because GJ have to get an another strong momentum to break it. In my opinion GJ will go down next week because new candle for weekly will try to find last resistance ( red trendline) we can call it new support for GJ. But trend still bullish for GJ with my long term target at fibo 38.2% and fibo 50%.

ps: Trade on your on risk. This is just my opinion if you disagree please put your opinion in comment. :) Have a nice weekend. Good luck.

[Analysis] GJ ... retracement start?

Well, after went up about 1200 pips and made new high for this week, i think this is the time for GJ to make retracement. If GJ going up again i think maybe it can go to 147.xx -148.xx because there is a strong resistance there. For now i sell and make 2 target there. Good luck.

ps: I have a very busy week for this week and next week. So i can not always update my blog. :)

[Analysis] EU -Head n Shoulder?

From the picture above, we can see H n S pattern, the upper cyan line are range between head to neckline and the below cyan line is range between neckline and target. So my target at horizontal line below that touched cyan line. :) maybe at 1.3130 price.

[Analysis] EU ...

After drop about 190 pips yesterday, then EU going up again ... my 1st TP already touched at
fibo 23.6 (1.3260). my 2nd target at fibo 38.2% ( 1.3351) if price can break ema 50, i will target for 3rd tp at fibo 50% (1.3424).

[Analysis] GJ & GU

Ok. I just want to share with you something. Above chart is GJ weekly chart. Well, you can see before this it took about 5 candles try to break this TL, sixth candle broke it, the price went down and made new low. After that price go up and now it was about 4 candles try to break the resistance, if new weekly candle can open above this TL then i will take buy for GJ TP at 155.13 (fibo 38.2% monthly). If price open below this TL i will sell and make TP at below TL about 130. But for long term i think price will go to 166.35 ( fibo 50% monthly), because like i said before, GJ always retrace to 50% fibo or 61.8% fibo. But it is weekly chart so maybe it will take a lot of week :D


For GU, you can see triangle(regular) pattern. This pattern is neither bullish nor bearish until the breakout is confirmed. It could breakout either way. What is certain is that as the price continues to coil, the breakout is near. Once the price does break out and give a sense of direction, the stock will tend to accelerate quite quickly. So you can wait until breakout occur or just post your position between upper and lower TL.

[Analysis] EU --waiting doji

If candle at H4 complete like this, i will take buy. It is doji pattern, sign for reversal.

ps: last post for this week. :)

Good luck

GU- Mission Complete - Congrats

Yesterday:
Today:Congratulation to all of you that follow my entry for GU. 250 pips in your account now. :)

Now concentrate on GJ. Our 1st tp at fibo 50% have been touched so we wait whether price will go down to 61.8% or going up to 31.8%. Wait for new H4 candle.

Good luck.

[Analysis] GJ 27/3/09

We can see GJ retrace to fibo 38.2%, but for GJ 38.2% not enough, usually it will retrace to 50% so my target now at 50% and 61.8%. I also will make buy limit at that area and my SL will be elow 61.8% ( about 50 pips).

Good luck.

[Candle] Bearish Engulfing

• Direction: Bearish
• Type: Reversal
• Reliability: Moderate

Bearish engulfing pattern may provide an indication of a future bearish trend. But you have to confirm that the candle follow the formation of the pattern before you enter forex market.

[Analysis] Gu - 27/03/09

From daily chart today, we can see daily candle below sma100, price for daily try to break sma100, if cannot break it then the price will go down to ema50. I open sell position and my TP at 1.4347.

Trade on your on risk. Good luck

[ Analysis]GU-> Head n Shoulder -Valid

If you follow my analysis yesterday then i think you are now holding green pips about 100pips. So i hope you lock your profit, whether you up your SL or just click trailing stop so you don't have to worry about your post. :) I still hope price going down to 1.4300.

[Analysis] GU ... Head n Shoulder?

We can see that there are shoulders and a head. If price can break upper white line then my target is lower white line. Wait and see. Trade with patient and brain :D

Good luck

GJ retracement ..finish?

GJ touch 141.29 target, congrats if you made this price as your TP. I already buy from 141.29 because i set buy limit at point in white circle in chart below. So my target for GJ today is last high, maybe i just make TP at 144 first then 145.05 (last high).

Good luck. Trade on your own risk. :)

[Analysis] GJ

Retracement from GJ, after broke 141.5 and make new high for this week i think it is time for GJ to retrace, white circle are my target (TP) and also maybe a time to buy low. :)

Good luck.

[Analysis] EU

Price for EU in triangle line ( red trendline), i wait where price want to break, upper TL or
lower TL. Be patient. :D

GU flying high

After broke red trendline, GU price going up. My next target is at horizontal line ( cyan) at 1.4888. Horizontal line ( cyan) be a good resistance, we can see several candles try to break this line, if it manage to break it, i think we can set target above 1.4986.

Good luck.

ps: trade on your own risk. :)

GJ broke last high 141.50

GJ already broke last time high at 141.50 so we can see candle going up until 143.46 but i think
price will go up until 144.45 before retrace to 141.5 0 and will go up further to 147.73.


From weekly chart, we can see price already broke neckline about 1590 pips from bottom price. So i hope price will go up to above trendline at 152.30. But this is a weekly chart, it maybe take about several week or month to go there.

Good luck. :)

[Analysis] GU

After retrace, GU touch strong trendline and start bounching up. Well, if GU can break the
trendline I will sell but i think GU will go up and touch last high before proceed to upper
trendline.

ps: This prediction from my point of view. Trade on your own risk. Good luck. :)

EU reverse?

for EU tf H1, stoch at monitor below already cross MA (blue line). But if you see chart tf H4
stoch not yet cross MA. So i'm waiting stoch to cross MA for tf H4 to confirm sell.



Good luck. :)

Tornado EU

FOMC gave very strong effect for US currency, i thought there will be a retracement but i was
wrong. Now i will wait EU to retrace ...

I made a comparison between two chart:

1st from December 18th 2008:


2nd from today chart:


look like same pattern, 1st chart went down about 800pips, when stoch at white circle touch strongest bullish level, it will going down afterthat. So i hope the same thing will occure for EU today.

Good luck :)

ps: Trade on your on risk

GU

Same as EU, i hope there will be a retracement until 50% for GU.

ps: Trade on your own risk. Good luck.

EU retracement?

Is EU want to retrace after big move last night? We can see from H4 there was a doji candle, my
target are at fibo 23.6% (1.3405) and 38.2% (1.3326).

Good luck.

FOMC meeting annoucement today 2.15a.m

Definition
The Federal Open Market Committee consists of the seven Governors of the Federal Reserve Board and five Federal Reserve Bank presidents. The FOMC meets eight times a year in order to determine the near-term direction of monetary policy. Changes in monetary policy are now announced immediately after FOMC meetings.

Description
The Fed determines interest rate policy at FOMC meetings. These meetings occur roughly every six weeks and are the single most influential event for the markets. For weeks in advance, market participants speculate about the possibility of an interest rate change -- or a change in the wording of the post-FOMC announcement that suggests a shift in policy -- at these meetings. If the outcome is different from expectations, the impact on the markets can be dramatic and far-reaching.
The interest rate set by the Fed, the federal funds rate, serves as a benchmark for all other rates. A change in the fed funds rate, the lending rate banks charge each other for the use of overnight funds, translates directly through to all other interest rates from Treasury bonds to mortgage loans. It also changes the dynamics of competition for investor dollars: when bonds yield 10 percent, they will attract more money away from stocks than when they only yield 5 percent.
The level of interest rates affects the economy. Higher interest rates tend to slow economic activity; lower interest rates stimulate economic activity. Either way, interest rates influence the sales environment. In the consumer sector, few homes or cars will be purchased when interest rates rise. Furthermore, interest rate costs are a significant factor for many businesses, particularly for companies with high debt loads or who have to finance high inventory levels. This interest cost has a direct impact on corporate profits. The bottom line is that higher interest rates are bearish for the financial markets, while lower interest rates are bullish.
Risk with News Trading

As with all major economic releases, there could be significant price volatility with this announcement. Currency spreads will typically widen just before the release and will remain wide for a few minutes after. If the announcement is a shock to the consensus estimate, the price of the currency pair could gap significantly. For example, the price on the EURUSD trading at 1.2820 - 1.2822 just before release could gap up 60 pips to 1.2880 - 1.2882, without any available prices available between the price of 1.2820 and 1.2882. A Buy Stop placed before the announcement at 1.2830 would turn into a Market Order and would be filled at the prevailing price 1.2882. The same would be true with a Sell Stop.

Approximately four years ago we saw a gap of approximately 200 pips on the GBPUSD on a Non-Farm Payroll announcement. While this is an extreme example, it nevertheless is a possibility with trading during economic announcements. Consequently, plan on the spreads widening and, if you are trading with a Buy or a Sell Stop entry order, do not anticipate being filled at your entry price. You will be filled at the prevailing market price after the release, which could be significantly different from your desired price of your entry order.

Be careful :p

My first day with blog

What's up? i'm glad that i will post all my prediction and analysis about forex. Well hope everybody
who come here will get the benefit. Feel free to comment in my blog, i'm just a beginner in
world of forex. C ya. :)