Showing posts from August, 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…