Forex Trading Result Until 18 December 2015: All last three signal was successful

In my last post, i mentioned 3 pairs to trade.
1. USDCAD
2. AUDUSD, and
3. USDCHF

All the signal was good, for now they give me a pips. Especially for USDCAD, this pairs will sky rockets. Here is my trading result until 18 December 2015

the last three row was the result. the first two row was the result from the previous signal.

For detail my signal, you can check link below
1. buy USDCAD
2. sell AUDUSD
3. buy USDCHF

Forex Signal Desember 2015: BUY USDCHF

First thing i want to show you that, last week USDCHF downward move was stoped at the support level (how to draw price level). Let's see USDCHF weekly movement:

Last week was a red candle, you can see it clearly at the picture above. This candle was close very very closed to the support level. I marked the support level with white doted line.

This week, USDCHF retest the support level (see the green candle right to the last week candle). It try to break the support, failed, then bounce.


Why you should trade this currency:

1. it's a good location to trade

The price is bounce exactly at the support level.
The upside movement is supported by the 20 Moving Average (moving average as price level)
So, the USDCHF upside movement supported by to kind of support level, horizontol support and MA support.

2. it was an upside movement

the price is above the 200 Moving Average
the moving average was in a right order, 20 MA, 50 MA, and 200 MA

Remember, MARS Trader only use price level and moving average to trade (don't forget to used weekly chart)

Enjoy your trade

Forex Signal Desember 2015: AUDUSD sell

One signal this week that the currency pair AUD USD
For four weeks earlier, AUDUSD moved up to the resistance level around 0.7334

How to read the chart
1. the chart presented the weekly chart
2. the red line is 200 moving average
3. the blue line is 50 moving average
4. the yellow line is the 20 moving average

Last week, AUDUSD fail to break the resistance, the market drag it lower and perform a very nice candle stick pattern. I don't know what is name. It's a 2 candle pattern, i called it reverse twin (inside the red circle).

MARS trader, focus on where the signal is. MARS trader execute a trade only if the signal was on the right place. The signal must appeared around the price level. It can be break out or pull back trading.

Let's go back to our pair, AUDUSD. If you see again the weekly chart above, the reverse twin pattern is a pullback around the resistance level. Because the signal was appeared  on a good location (pull back from the resistance), the sell signal is good.

In the opening market next Monday, MARS trader will open short position on AUDUSD. Because this is a tight trading, be sure to place your target wisely.

enjoy your trade.

Forex to watch: USDCAD ready to take of ?

For now i hold three pairs, USDCAD, USDJPY, and GBPUSD

Yesterday USDCAD move (as i expected) upward. Break the resistance, for now (when i write this) i got 360 pips.

Will this upward movement continue?
let's find the answer?

First we must look into USDCAD price movement. I give you weekly and and price movement
1. Weekly chart

The price is above 200 moving average. The moving average order is right. So, based on my MARS method, i conclude that USDCAD still in up trend.

Last Monday, USDCAD break the resistance (yellow dotted line), fundamentalist said it because a good report for US unemployment and bad report for CAD unemployment. For me, price is everything. Remember, my MARS method only use moving average and price level.

2. Daily chart

i show you daily chart just to give you another perspective of USDCAD price movement. The Monday candle is the largest candle for the last 20 days. Someone or something push it higher!

Conclusion:
So what to do?
if we talking about daily chart, daily signal, daily trading, the signal was there, open your platform and open long position.
But, because i use weekly chart in my MARS method (and if you use the same time frame), we have to wait till the week end to see if the break was true or fake.

MARS trader wait until next Friday or next Monday to trade or not.
i will wait to re entry, for second position.

Enjoy your trade!

NZDUSD SELL signal November 2015

Last week i spotted that NZDUSD has a SELL signal.
Inside bar formation, the pairs has breakout the mother bar in the previous week
Before we talk about this inside bar, let analyse NZDUSD first with MARS method.

The first thing wee need is WEEKLY chart. MARS use weekly chart. WEEKLY. Here you are

Now wee have NZDUSD weekly chart whit three different moving average, 200 MA (red line), 50 MA (blue line), and 20 MA (yellow line).

MARS use 200MA to separate trader action into buy (long) or sell (short). Because the currency is below 200MA so our action, our order, only SELL / SHORT order.

After wee know, what action to take, wee play wait and see. Binggo...... the SELL signal appread
try to look chart below:

focus on the white box. can you see the mother bar, of course you can. For two weeks, NZDUSD price is inside the mother bar range, trader called this INSIDE BAR formation.

Next week, the price penetrate the range and successfully close outside the range. The breakout success and this is our SELL signal. Wait and see end, open SELL order.

If you see closely, the signal was appeared 4 weeks earlier. I trade this pair last week. It still has a good entry point.

Enjoy your trade!.

Mars Sytem, trading solution for working people

Why MARS is suitable for everyone, even a housewife:

1. Efficient
The main problem for working people when they try to trade forex is " time consuminng". Every activity is time consuming. Because MARS analysis based on weekly chart, you only need to check out you chart, your position, only once a week. ONLY ONCE. This mean that you can focus on your daily activity, your job, your family. Once again, trust me, YOU JUST CHECK YOUR CHART ONCE A WEEK, it will take least than 30 minutes.

2. Objective
MARS system will help you trade objectively. This system will throw away trader emotion. The bigest problem of every trader. Why because we trade differently from the other, we trade long term, we follow big player. The MARS trading system focus on where the signal was generate, not just the signal. The place of the signal is more important than it self.

3. Simple
MARS do not used a complicated indicators or a thousand of economic indicators. MARS only used MOVING AVERAGE. This indi is use to divide market into two category, BUY or SELL. This moving average is not use to generate signal. Just help us to defind the market.

The next thing you will learn if you use this sytem is price level, SUPPORT and RESISTANCE level. After you learn moving average and price level, the last thing yiu should learn learn is price action or candle stick pattern. In weekly chart the candle stick formation is simple than a lower time frame. Once again because it only one candle for one week. You can check your pairs from your smart phone or tablet like i did.

4. It does work
U should try it first to prove it. Just like a baby, do not affraid to try something new.

Do not know how to start, I WILL HELP YOU.
Do not hesitate
Come on, join with me and other people into world of trader.

GBPUSD 23-27 November 2015: ENGULFING pattern inisiate the SELL SIGNAL

GBPUSD still become my pair focus. I told you before that GBPUSD is bearish. Last week was an interisting price movemement, it climb up in the first 4 days, but suddenly fall in the last day of the week.

Let see what happen.

Before i continue: you should know that i trade forex based on weekly price movement, weekly candle stick, weekly evidence.

In my previous signal,7 November 2015, GBPUSD generate a sell signal. 

17 November i wrote about battle between bull and bear, long vs short position(GBPUSD long or short), i conclude that GBPUSD is still bearish

And this is last week daily price movement

The bar inside the red circle is GBPUSD price movement last week. And the last black bar is the friday price movement.

Again GBPUSD generate sell signal, this time at daily time frame.

Why:

1. Weekly still bearish, below 200 MA, read my previous article about this pair

2. It rejected 50MA AND 200 MA

3. Friday bar, engulf the 3 previous bar

4. The signal appeared at a good location, resistance price level

At Monday opening market, i'll add another trade for this pair, to catch the daily movement. I ' ll post it after i placed my position.

See U next week and ENJOY YOUR TRADE.

GBPUSD 16-20 November 2015 : LONG or SHORT

In my previous article (Sell GBPUSD and Long USDJPY) my conclusion was short on GPBUSD and long on USDJPY. So far the USDJPY move as i predicted but GBPUSD "waited" to continue lower.

Waited mean, GBPUSD on a retracement mode. Why this happen, because it wait economic release for October inflation.
I'm not fundamentalist. My principle is price tell you everything.

Let begin with the short signal on weekly GBPUSD price movement two weeks before.

The red line is support level. The black candle inside the blue line was the signal to go short on GBPUSD.

Last week GBPUSD move up, is the bear was stopped. No, it wait to continue lower. I'll show you why:
This is GBPSUSD daily price movement

If you conect two blue circles on the chart (resistance level), you will find that that the doji (the bar inside the red circle) is touch that line.

Ok, let me summarize it for You:
1. GBPSUSD break the support level in weekly chart
2. GBPUSD break the support level in daily chart
3. Last week, it moved up, but stop at resistance level
4. Either weekly or daily candle was below 200MA, 50 MA and 20MA.

My conclusion is GBPUSD still in bearish market.

Enjoy your trade!

My result trading until 9 November 2015

I have 5 open position, 3 of them was open 3 weeks ago, and USDJPY and GBPUSD was open last friday as same as my signal. I learn to open a position at friday before the weekly candle close, because it give me a better price and a lot of time at monday (personal activities).
Here is my result:

I take it from my agea account. I still used agea because it simple. For a newby i suggest to use this broker. For charting, METATRADER IS the best.

Enjoy your trade!

Inside Bar

Inside bar happened when the whole candle (body and tail) are within the previous high and previous low of the previous candle. We will called it "mother bar" Just see picture below, you'll understand.

Inside bar is one of my favorite price setup (price setup and trading setup is different). Because i used weeekly chart, inside bar is rare to found, but when it comes, than you find a very good trading setup.

Inside bar is a breakout trading. What to break, the high or the low of the mother bar. Every one who trade inside bar price setup must wait the price to break the range (high low mother bar).

How to trade inside bar?
There is two way to trade it
First : TRUE BREAKOUT
Second : FALSE/FAKE BREAKOUT

1. True breakout
It happen when the price break the mother bar range (high or low) with a strong bull or bear candle and close outside the range. Open a position after the breakout is complete.
Example:

2. Fake breakout
It happen when the price break the mother bar range, than the price pull back and close inside the range again. Open a position after the fake breakout complete.
Example:

You canT just rely on the price setup - inside bar. You must consider the other part of the market. I used moving average and psicology level to filter my trade.

Enjoy your trade!

Forex signal 9-13 November 2015: GBPUSD SELL

A good trade setup is located only at two point. First arround the moving average and the the second is arround the psicology level.

Lets talking about GBPUSD sell signal.

I have 3 charts with GBP, GBPUSD, GBPJPY, EURGBP. From these charts i came up with a conclusion, GBP is weak. But not all the pairs give me a signal to open a position. Only GBPUSD produce a good sell signal.

The pairs rejected psicology level ( support level ).

The price located and close below the 200 MA, 50 MA, and 20 MA.

Where is the support?

It located at the top of word " support"

See the last candle, it broke the support.

I will set take profit 1.4600 at next support level.

Enjoy your trade!

Forex signal 9-13 November 2015 : USDJPY long, inside bar breakout

Last week (3-7 November 2015) i saw 2 currency has began to move, USDJPY and GBPUSD. I mean that these two pairs produce a good signal based on my method.

In this article i will show you why you should buy USDJPY.
Remember, i used a weekly chart, WEEKLY.

Lets start wi USDJPY price movement chart

Can you spoted the mother bar?
Yup it on the left side before the "inside" word. 11 bar from the left, black bar with a long tail.
After nine weeks, finaly USDJPY broke it with a strong bull candle. If you already read my MARS tehnique, you will understand the whole story. I have already place a position on this pair.

Forex Signal 19-23 October 2015: USDCAD buy , Bounce at Support Level

Let's start with the movement of  USDCAD

How to read this chart
1. Red dotted line = 200 SMA
2. Blue dotted line = 50 SMA
3. Yellow dotted line = 20 SMA

I will added a new horizontal line (white dotted line) as support level

Why i recommended to buy this currency:
1. the price is above 200 SMA
2. the SMA set is in a correct order
3. the signal appeared at the correct place, support level
4. the price rejected both support level and 20 SMA
5. the price shows a higher high

Enjoy your trade!

Forex Signal 12-16 October 2015: BUY GBPJPY

Why you should buy this currency?

1. GBPJPY still an upTrend

GBPJPY still has strong uptrend. You can see, only 20 EMA in the picture below has a red color (red color mean weak).

2. Price Divergence
Now i removed all the moving average and add MACD in to the chart. It's look better.

 

Because one of our MA is going down, we need a  price divergence to fight it. Divergence mean your indi and the price have a different path. Now let see again GBPJPY price movement:

My MACD is making a lower low, but GBPJPY weekly price movement making a higher high.

Based on this two reason so in the opening today i open a long position. Your stop loss must at the recent low of the MACD.

Enjoy your trade!

Forex Trading SetUp: Convergen Divergen, Price action vs Indicator

Let’s begin with definition

1. Convergence is described as when price action is generally following the same path as what we are seeing in our technical indicator. Basically, price and indicator are doing the same thing.
For example:

2. Divergence is described as when price action is not following the same path as what we are seeing on our technical indicator. Price and indicator are doing  the opposite thing.
For example:

We can conclude that:
Convergence = possible trend continuation
It's mean that you sholud trade by following trend. If the market has a down trend than you spoted a convergen where the market making higher high, both on price and indi. I think it's not a good trade, but if you still want to trade it, be sure about your risk reward ratio.

Divergence = possible trend reversal
This is a counter trend trading. You fight again the trend. You go short when the market still showing an up trend. Your target must be on the nearest support resistance level.

Once again we talk about market direction, where the price go.
Does the price have an up trend or a down trend?
You can use my MARS method or other indicator to determine the trend.

Enjoy your trade

* all charts is represent weekly price movement

Forex trading: GBPUSD, Pair to watch 5-9 October 2015

Halo,

Minggu ini ga ada signal jual atau beli yang tercipta. Tapi saya tertarik membahas salah satu mata uang utama yaitu Poundsterling (GBP).

Kenapa pound? Dalam pasangan mata uang yang saya perdagangkan ada dua pasangan mata uang yang melibatkan pound, yaitu GBPUSD dan EURGBP. Kedua pasangan mata uang ini berada pada titik kritis yang akan menentukan arah. GBPUSD hendak melakukan retest terhadap support level, sedangkan EURGPB kesulitan menembus resistance level. Mari kita lihat satu persatu:

1. GBPUSD

Harga penutupan GBPUSD pada hari jumat sangat dekat dengan support level, disekitar 1,5170. Pada grafik mingguan, GBPUSD membentuk pola candlestick “DOJI”. Pasar sepertinya menunggu sesuatu untuk menentukan kemana akan bergerak. Lebih jelasnya, lihatlah gambar berikut :

Jika melihat grafik mingguan GBPUSD diatas, akan lebih mudah bagi pasangan mata uang tersebut untuk melakukan pergerakan kebawah (berdasarkan MARS). Jadi saya akan memasang sell stop order pada hari senin pada harga terendah dari candle doji dengan menambahkan beberapa pips (bisa 10 atau 20 pip).

2. EURGBP

Jika GBPUSD melakukan tes terhadap support level, ERUGBP melakuan tes terhadap resistance level. Perhatikan gambar dibawah ini:

 

Untuk pasangan ini, karena tidak terdapat pola candle stick yang memperkuat arah pasar, maka kita akan melakukan tugas seperti bisa, menunggu.

Untuk membuat ini lebih menarik lagi, kita akan coba melihat apakah ada even penting yang akan terjadi seminggu kedepan untuk dollar dan pounds.

Ternyata banyak sekali even untuk pound yang akan terjadi pada seminggu kedepan. Dimulai pada hari rabu dan puncaknya pada hari kamis. Untuk lebih lengkapnya silahkan kunjungi fxstreet

ENJOY YOUR TRADE