October 30, 2012

Patience: Mental Endurance in Trading



Trading is a business where "we get paid to do nothing, we lose money when we do too much."
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October 28, 2012

Gold Weekly Market Rhythm, Oct 28 2012

gold weekly chart

This is the update post on XAUUSD (gold) price. The Round Top formation on MACD signal already fully formed. The price of XAUUSD also already reached the EMA 21, which in the Market Rhythm method is considered as the 'decision making' moving average.


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October 26, 2012

EURUSD Market Rhythm October 25, 2012

eurusd daily market rhythm


This is the market rhythm update on EURUSD. The MACD signal shows a V-top formation which indicated an aggressive price turn around. It is in-line with the emotion of the market, whereas the price already reached the EMA 365 resistance.

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October 9, 2012

EUR/USD Chart From 50 Pips

50 pips EURUSD

This is the EUR/USD chart from 50pipsfx,com

I like the simplicity so much so I post it here. Just looking at it, and the story develop by itself.


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October 8, 2012

Gold Weekly Chart Update: October 7 2012

XAUUSD market rhythm update

This is the update on the XAUUSD weekly chart. At last, the colored MACD signal turns into red, and the MACD formed a nice round top formation.

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October 7, 2012

The Trading Plan: It Sucks, But it works!



Writing your own trading plan is like going to the hairstylist, no one likes the process. Yet, it will make you look good!

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October 1, 2012

The Imminent Warning: For Those Who Long Gold


gold-weekly-chart-2012
Click to see: The Weekly Chart of Gold, September 2012

Gold has shown modest gains last week. With the austerity measures going on Spain and the QE3 on progress, we are now wondering where gold might go at least until the end of 2012.
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About ArrowFX

Technically analyze the forex market mainly on USDJPY, EURUSD and GBPUSD by using market rhythm method started by Philip Nel on Forex Factory. The thread started on 2007 and still alive.
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