Stock Market Weakness. Technology & Materials lead the down
by vahn on Feb.07, 2010, under Stock & Options, Trading
Index seems to hold enough from wave of selling this Friday. But the chart seems to form a pattern that has the great potential to bearsih although still possible for a rebound.
S & P 500 has to pass through support in 1030 if the Bears want to win the battle (continue reading…) |
Review Buku Squash Games Theory
by vahn on Feb.07, 2010, under Book, Review
Sorry, this time i have to write this review in Indonesian Language, because what i’ve read is a Trading Book that written in Indonesian Language. So i think the possible reader of this book must be Indonesian people too. So i think it will be useless for non indonesian people to read this review. Some days ago i’ve go to book shop and i saw a interesting book with title “Squash Games Theory” that written by Zulfikar MS. This is the cover. |
Oversold EUR/USD
by vahn on Feb.05, 2010, under Forex, Trading
Just exactly like i predicted, EUR/USD slide down again. I think the EUR/USD still on downtrend, but beware of profit taking by speculators which can cause an oversold rebound. I don’t think buy position is a good idea for this condition, but i just give some posibble scenario that can occur. Let’s see the chart
On the chart, we can see that based on fibonachi retracement, there is a possibility that EUR/USD will bounce for profit taking before continute to sink again. I still love sell position, but i think we must trade more carefully on this oversold market like this. Trade small position or play scalping is a good idea for now. Some event to noticed today are : Non-Farm Employment Change (USD) and Unemployment Rate (USD). EUR/USD Trend : Long Term : Bearsih Mid Term : Bearish Short Term : Oversold Happy Trading for you all. |
Dollar Soar, Stock back in trading range
by vahn on Feb.04, 2010, under Forex, Stock & Options, Trading
Forex Trade Dollar soar again yesterday. Luckly I still have short position on EUR/USD for long term. I still make a good profit yesteday, and I already covered some buy position today. It’s seem sentiment EUR/USD back to bearish mode. Some event & data I noticed to be influence the EUR/USD movement today are : Minimum Bid Rate (EUR), ECB Press Conference (EUR), Unemployment Claims (USD) and FOMC Member Hoenig Speaks (USD).
We have a support from last low @1.853 on EUR/USD. Can this support hold the downtrend wave of EUR/USD. I still prefer my last week view. Sell on any rebound on EUR/USD |
Downside Movement?
by vahn on Feb.02, 2010, under Stock & Options, Trading
US Stock Market Trade After about 2 weeks decline, finally S&P 500 closed up yesterday. We enter February with a good start. On 2010, S&P 500 started from 1115.10 and the January close was 1073.83. So there was a 41.27-point decline. I still sense some downside movement on the market. But i’m not sure what will happen in the next few days. Let’s see what happen on the chart. I checked my intraday chart. I’ve found a pattern like this.
It’s very interesting to see what happen today. If market down again today, it’s likely the market will continue to go down. If it can breakout the resistance line, the story will be totally different. |
My Shaun Stenning’s Twitter Cash Machine Result after 2 months
by vahn on Feb.01, 2010, under Internet Marketing, Twitter
My TCM (Twitter Cash Machine) that I bought from Shaun Stenning already run about 2 months until today. In my earlier posts, it shown that the results I get from TCM is pretty good. Last income I get even reach $ 451. However, during the transfer process into my Paypal, the reality was not so. My income was not even reach 1% of the total income i should get. Here, I share a little about how the actual results after 2 months of running. I do not mean to discredit or have negative views of this program. I tried as objective as possible in expressing facts about this TCM program. I still very optimistic and hope this TCM can run and grow better in the future. (continue reading…) |
Apple’s iPad vs Amazon Kindle : Which one is better?
by vahn on Jan.30, 2010, under Computer
Apple? A name can not be underestimated for electronic products. Starting from MacBook, iMac, iPod until the iPhone, all have reached success remarkable enough. Several days ago, Steve Jobs returned to make a new breakthrough with the launch of Apple’s latest product is iPad. A tablet which is the solution between MacBook and iPhone. I myself one of a huge fan of Apple products. Therefore I am quite excited to know the news about this iPad. At first glance this iPad more like a giant iPhone I think. Apple pretty clear to reach the market target on this products. The targeted market is a market for people who are more mobile but still wants wider view than their mobile phone. MacBook not quite practical when used in a mobile. But the iPhone is not big enough to use view photos, read e-books and watching a movie. So because of that, iPad is launched. Looking at this product, I remember the Amazon Kindle which is a product launched by Amazon. The comparison between the Amazon Kindle and the Apple iPad are inevitable.
When compared which one is better? Let’s look together. Because of its size that is more similar to the Amazon Kindle Kindle DX than I would compare it with the Amazon Kindle DX |
Downtrend Confirmation on EUR/USD
by vahn on Jan.29, 2010, under Forex, Trading
For you who follow EUR/USD movement, it’s seem clear enough to make sure that the downtrend signal on EUR/USD already confirmed. I personally already take sell position on EUR/USD since last week. Today, when i am browsing on currensee, i found some interesting statistic. Most of traders have long position on EUR/USD and still hold them with floating loss. Here is the data :
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Dollar Strength & Stock Market Correction
by vahn on Jan.28, 2010, under Forex, Stock & Options, Trading
Forex Trade Dollar continue to rise, and I still hold my sell position on EUR/USD (already make more than 100 pips profit). Like what i said in my last post. There should be large probability for trend change. I am holding sell position for long term and playing short term mostly on sell side. |
Long Term Trend Change?
by vahn on Jan.21, 2010, under Forex, Trading
I got sick on saturday. On monday, my brother was sick. From monday to yesterday, i must take care of my brothers because his sick kinda serious. Yesterday, my brother finally have to entered hospital because of 2 desease : typhus and dengue fever. That’s why i can’t post anything recent days. Just hope my brother get well soon. For you who trading forex, if you follow my trade on my last post, i am sure we already have a very great party. is that right? hahaha. EUR/USD continue to down and down again. Very nice. What i pay attention now is the long term trend on EUR/USD. Do the long term uptrend on EUR/USD finally over and time to down now? Look on this weekly chart
Still need more confirmation to make sure the trend really changing. But for now, i still prefer trade sell position on any rebound in EUR/USD. |
