January 7, 2014

EURUSD Focus: Break Below 1.36

EURUSD H4 Chart
Right!

My SELL order on EU was filled:

Entry : Short @1.36
1st Target : 1.3560 (previous low)
2nd Target would be 1.35 to make 1:2 R/R

SL @1.3660 which is above previous high.

EURUSD H1 Chart

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January 4, 2014

Forex Weekly Market Rhythm | January 6, 2014


AUDUSD H4 Chart | January 6, 2014
AUDUSD H4 Chart | January 6, 2014

Right!

This is a  post about weekly forex market rhythm, for January 6 2014. Because trading market rhythm is based on 'anticipation' on what the price might do in near future by watching closely what they are doing right now.

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December 31, 2013

Happy New Year 2014

Beautiful Sunrise | Ricefields BALI

ArrowFXTrading mengucapkan Selamat Tahun Baru. 

Semoga damai sejahtera, kemakmuran dan sukacita menyertai Anda dan Keluarga di tahun 2014

Tuhan Memberkati
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December 22, 2013

Forex Weekly Market Rhythm | December 23

EURUSD Daily Chart | December 22, 2013
EURUSD Daily Chart | December 22, 2013

Right,

Today I am posting about forex market rhythm on EURUSD, USDJPY and AUDUSD

EURUSD went down after the Fed announce the tapering. But the volatility and range of the move
somehow moderate. On the daily chart, EU still supported by the 21 day EMA (1.3665). Fail to close below will send the EU higher on Trend Continuation move.

EURUSD Weekly Chart | December 22, 2013
EURUSD Weekly Chart | December 22, 2013
While on the weekly chart, I am expecting the EU to form the right shoulder both on MACD and the candlestick. Targeting 1.35.

USDJPY H4 Chart | December 22, 2013
USDJPY H4 Chart | December 22, 2013
USDJPY - Still on the uptrend, targeting the median line. Supported by the EMA 21 (103.80), and close above EMA 8 (104.17) may send the UJ to 104.80.

AUDUSD H4 Chart | December 22, 2013
AUDUSD H4 Chart | December 22, 2013

AUDUSD - is on key support level (0.88). There is a chance that the trend will reverse soon. 
Current key resistances are:
  • Round Number - 0.90
  • 21 day EMA - 0.9050. Fail to break will resume the downtrend.
AUDUSD Daily Chart | December 22, 2013
AUDUSD Daily Chart | December 22, 2013


Salam sukses dari Pondok Labu, Jakarta
Arrow



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December 16, 2013

How to Day Trade with a Small Account



Interesting video about how to start trading with small amount of money. 

If you haven't start trading yet, and ready to open an account base on your brokers suggestion, then you will need to take a look. Without any experience, your failure in day trading is a surefire.

This video will show how hard it is to make money on day trading. But, if you persistent enough, it will show how to compound your money day trading.

Trading is never easy! 
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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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