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.