Showing posts from 2017

Attractive Opportunity Reviews on XAUUSD (GOLD)

Today, XAUUSD has an interesting setup for our daily trading. Where since a few days ago, this commodity looks still in a strong selling pressure. Opportunity entry can be found in this technical analysis. Where the patterns that have occurred in the past few days, it is clear and easy to analyze technically.

Check out XAUUSD in the following 4 Hour Chart:

In the chart above, it looks yesterday's price has increased quite strongly. Where no bearish candle is formed. In slow gains, the price is now in the vicinity of the previous consolidated zone (Green Box), today's price reaction is crucial for the direction clarity to be aimed at. Breakout on consolidation will be a sign of strong buying interest in this commodity. Lets see.


In this 1 Hour time frame, we have Resistance and Support area:

Resistance area: 1227.00 - 1223.65

Area Support: 1215.25 - 1211.65

From the chart above, the price decline slowly occurred after the price rose strongly due to overnight news effects.…

Basics Of Technical And Fundamental Analysis

In trading, of course we know some techniques of analyzing in trading, namely Fundamental Analysis and Technical Analysis.

Fundamental Analysis is an analysis that uses news to be released (news NFP, Oil inventory, Retail Sales, etc.) as an indicator to read where prices will move.

Technical Analysis is an analysis that uses patterns that have been formed by the previous candle, based on the time, the shape of the candle, and various other technical factors to read in which direction the price will move.

Some people think technical analysis is the best for trading, and some people also consider Fundamental analysis is the best for trading.

In my opinion, there is nothing wrong with this disagreement, because if we focus on one of the analysis, able to provide good and consistent profit because the forex market is a market that can always provide opportunities to the different perspectives of each trader.

Okay, in this article, I want to try to share about both types of analysis in a uni…

Impact Of Financial Leverage On Profitability

One of the common misconceptions encountered in the thinking of traders is the need for high leverage to maximize the profit potential of the forex market. Before we discuss it, let us first look at the basic concept of Leverage and Margin in Forex.

Some definitions of Leverage:

"A mechanical force or advantage gained by using a lever"
 "The limits on which investors or companies are allowed to take advantage of borrowed money"
    "The use of borrowed money to increase speculative capabilities and increase the profitability ratio of an investment, for example by buying a securities product using the"

In other words, leverage means the ability to use whatever you have to increase the borrowing limit of the other party. While the capital / funds that you use is referred to as margin.

A real example in life is when you want to buy a home but can not pay it in cash and directly; Then the bank will check your financial ability by looking at the salary you ea…

Devaluation of Forex Currency

Last week, the yuan currency rose in value after Pan Gongsheng, head of the foreign exchange agency, wrote a statement in Qiu Shi magazine that China has no intention to devalue Yuan to boost China's competitiveness in global markets.

Nevertheless, China, as the world's second-largest economy, has a history of frequent currency devaluation over time to boost its country's economic conditions. These allegations are often made by Donald Trump. Ironically, however, from year to year, the US Administration often puts pressure on China to devalue the Yuan with the argument of Yuan's value when it gives China an excessive economic advantage in international trade and keeps the prices of capital and workers within China very low. China's devaluation measures at the end of 2016 as part of emergency measures to rescue its economy have led to allegations that the move is causing uncertainty in the global economic climate.

What, then, is China's impact on devaluation of t…

Causes Of Financial Crisis

To this day we see a lot of currency instability, this is due to the large number of currency and capital flight that has occurred since the 1990s. Instability of this currency which then makes a decline in the value of a country's currency to affect the economy of a country.

Instability at the exchange rate begins to create where one unit of currency is no longer purchased as much as it is used. In other words the currency crisis began to occur and develop due to the interaction between the expectations of investors and what makes their hopes happen.

In the face of a currency crisis, the central bank will make a policy by maintaining the current fixed exchange rate by cutting the country's foreign exchange reserves, or by simply letting the exchange rate fluctuate in the market.

When the market wants a devaluation, using foreign exchange reserves to keep the exchange rate is a solution. Cur…

Excess Forex Compared to Other Investment

If you are now looking for the right online business search for you then there is no harm in you start to see and know the name of online forex trading. Trading forex is actually just like any other online business where you can make forex trading as a side income or main income.

If you are still curious, then you should listen to what the advantages of online forex trading compared with investment or other business.


Forex trading has a very high ROI (Return Of Investment), even rather difficult to find a business or investment that has a ROI level comparable to forex trading.


For those who cope in the world of investment or business, liquidity is the most important factor. Herein lies the advantages of online forex trading where liquidity is very high. So when you want to buy or sell one currency then you certainly get it, there are always other parties who sell or buy from you. There is no term fail to deliver in online forex tradin…

Forex Leverage Interest Rate

Interest rates or interest rates are a very important component in the world of forex, this applies to forex market moves due to interest rates or interest rates in the currency traded.

The interest rate itself is the main factor in determining the price of a currency, by seeking detailed information on how a central bank determines its monetary policy, including how they rise or descend interest rates correctly where prices will move.

What must be understood is the decision of the central bank to change the interest rate is to see the price stabulity on the market or commonly called inflation. Where inflation itself is an increase in price prices associated with goods and services that are widely consumed by the public.

An example of inflation is, in 1990 the price of one liter of gasoline was in the range of Rp. 500 and now people have to pay Rp. 6,500 for one liter of gasoline.

Inflation is inevitable, but can be controlled. When an inflation moves to remember but not too high or c…

How Strong Is The Us Dollar Compared To Other Currencies

The dollar has finally been at its highest point in 13 years, not long after Donald Trump won the US election just moments ago. But in his interviews in Wall Street Journal President Donald Trump said that if he feels worried because it is too strong, then this statement is a decline in US Dollar by 0.7%

Not always bearing a currency is good news, just like the US Dollar is going through some moments ago whether it's good news. This holds the strength of this dollar because of the weak US economy. At a time of strengthening as the dollar strengthened yesterday, the ASCOUNT economy is as strong as the dollar. This dollar's strength is about a strength relative to other currencies where there has been a reduced valuation that helps fuel growth, and on the other hand, the Federal Reserve is experiencing its accommodative downfall. Not only that, deleveraging is playing in the role of debt being repaid which directly impacts the dollar in the system, this is what strengthens the d…

Best Indicators To Use For Swing Trading

Below we have outlined a variety of indicators that many traders use to understand and read price movements during a swing. You can use them separately and can also incorporate them into a very simple strategy. These are all visual indicators where you do not need to know the details of how this indicator works, just look at it visually and you'll be fine.

Relative Strength Index (RSI)

RSI was introduced to traders by Wells Wilder in 1978 in the legendary New Concepts in Technical trading and is one of the most widely used momentum indicators in Forex Trading.

General Rules for Using RSI

It is advisable to use levels 70 and 30 and overbought and oversold respectively. Generally, if the RSI rises above 30 then it is considered bullish and on the other hand if the RSI falls below 70, this is a bearish signal.


Like MACD, RSI divergence and convergence are really good trading creations. Typically, the currency will reverse as soon as the divergence of RSI and convergence oc…

Economic Factors That Affect The Forex Market

In the forex market every day there are sellers and buyers who participate trillions of dollars every day. This is what makes forex into a global market with a very high volatility, this fact makes trading into a global activity with a very high turnover of money and also many macro economic events that have a very big role, here is the factor factors that affect the market Forex that must be wary of.


Macroeconomic factors have a very high and overall impact and effect in the forex market, this factor that then affects many decisions of the traders to finally be able to determine the value of the currency. The most important factor of a country is its overall economic health which is composed of many economic events that are constantly changing every day and have a powerful influence in the 24/7 forex market.
These are the factors that directly affect the strong economic performance and provide the power to encourage changes in currency values.


Trading With Bitcoins

In its development Bitcoin has turned to one of the alternative investments that are a bit of speculation to protect the value of investment from a global economic climate filled with uncertainty as well. Bitcoin or often called BTC is a dynamic digital exchange or always moving, the price is pegged to the US dollar just like Forex. But the difference is Bitcoin has no physical form.

Until now there is much debate about bitcoin, whether it should be considered legal tender or not to trigger the establishment of a company that handles exchange Bitcoin Japan Mt. GX to affect payment processing in the U.S. It's just that until now bitcoin is not recognized as a universal currency, either from regulators or government officials.

This is because Bitcoin is viewed not as currency but as a depreciable asset, but very different from forex.

This time we will discuss a bit about differences and also the similarities between forex and bitcoin, and why bitcoin can be used as an alternative fo…

Straddle Trading Strategy Forex

What if there is a way to make money quickly even if you do not know whether the market will move up or down?

It may be as long as there is sufficient price volatility.

And when can you get this volatility? When news like economic data or central bank announcements are released! For a professional trader, analysis in forex trading does not rely solely on one analysis, whether it is fundamental analysis or technical analysis. The combination of both will create a much more accurate reading than just relying on one. Two world renowned traders interviewed by Jack Schwager in his book Wizards Market, Ed Seykota and Jim Rogers, say that it is very unlikely that a trader can become a success if only a technical trader. In fact, he says, he has never met anyone who is a successful and rich technical trader.

The first thing to consider is which news report will be traded.

Previously, we discussed the biggest news release.

Ideally, you want to just trade the report because there is a big chanc…

Countries With Devalued Currency

Ever since the gold standard has begun to abandon the world's currency, the currency exchange rate has begun to float freely between one currency and another. As a result there are so many circumstances where an eye devaluing their currency is in fact deeply offensive to the citizens of that country, as has happened in Indonesia in the past. In addition, the devalued currency will result in huge waves around the world. The question is, if it can lead to a very widespread fall, why do countries devalue their currencies?

This is the reason why a country devalues its currency

Increased Export

In the world trade market, between one country and another country occurs a very tight competition. Let's say American car manufacturers are competing with the car manufacturers in Europe and also Japan. If there is a decline in the value of the Euro against the dollar then what happens is the sale price of the car will be cheaper than the previous price when viewed in dollars, and vice versa…

Bill Williams Fractal Alligator System

Bill Williams makes a lot of signals and trading strategies that help many traders to finally succeed in trading, one of which is Fractal and Alligator Indicator which is really useful in trading. These are not just signals to organize a very profitable order but can also make you learn quickly about what is a wave analysis where this analysis is the most fundamental concept of trading systems that are widely used by traders.


This indicator is composed of 3 balanced lines calculated by the same formula but different variables. Alligator's lips are marked in green, Alligator's jaws are marked in blue and Alligator's teeth are marked in red. When these three variables fall asleep, it indicates that the market is in a flat state, but when there is a trend it will be shown with an open jaw where if the price is higher than the jaw it shows the current trend is bullish and when the price is lower than the jaw Then the current trend is bearish.

You have to mo…

How To Read Candlestick Charts Patterns

Candlestick is one of the technical analysis that traders use to inform the direction of price movement whether it will be bullish or bearish. Where this information is obtained from a pattern of candlestick that has been formed previously that is psychologically formed due to pressure from buyers and sellers, from this pressure finally formed candlestick pattern.

Inside candlestick contains information about opening price, highest price, lowest price and closing price. In the reading there are two types of candlestick, when the closing price (close) is above the opening price (open) is an empty candlestick type (white) and the price is in rising condition. But if the closing price position (close) is below the opening price (open) is the type of candlestick content (black color) and the price is in descending condition.

The highest price and the lowest price will form the tail (shadow) whose naming follows the direction of candlestick. Where in the leading position is called upper sh…