Yesterday is a very fortunate day. I traded just 1 buy and only place sell position on EUR/USD. The result is so good. Just 1 single loss from 13 trades. My win percentage now slightly up heading to 80%. Hope it will keep increase from time to time.

So. This is why i only place sell position yesterday. There are some very clear and good signal on the chart.

Let’s see from the H4 Chart

The chart on downtrend channel and touch resistance line. So the probability to be down is bigger than not. So i decide to take only sell position on this condition.

Let’s see once more on M15 Chart

It’s very clear signal. The chart crossed the Colar line and keep form the lower low and lower high.

Good Trading Day is a post from: Vendy's Journal of Life

Yesterday currency movement was so interesting. I noticed some large downside movement on EUR/USD. I think the bearsih signal on EUR/USD already shown since beginning of December. I also already posted it on my blog. Ok…. Let’s review USD Dollar one more.

So it’s not weird seeing a chart like this

Yesterday movement also give us some hint about USD/JPY.

This is the Weekly Chart of USD/JPY

We can see there is a Bullish Divergence from the chart, even the chart itself forming Descending Triangle pattern. But remember, USD/JPY now on position near it’s record low.

Let’s see the H4 chart of USD/JPY

H4 Chart show there is a trading range between 89.95 until 90.93 on USD/JPY. Yesterday, the trading range has been broken. The chart continue to rise until touch previous resistance at 92.03. Another break out seems a good signal to buy this currency pair

I start to trade buy position on USD/JPY since yesterday. I still wait clearer signal to enter bigger lot :p

Time to Buy USD/JPY? is a post from: Vendy's Journal of Life

For you who trade Forex, seems there some turn point we face on USD Pair.

As we seen, Dollar Index ($USD) already break out the resistance. It’s interesting to see what happen when the index touch the next resistance level @62.5. Because of Dollar strength movement, all USD Pair start a new short term trend, include EUR/USD.Let’s see EUR/USD chart

Monthly Chart

The question is “Can The Trend continue or time to reverse now?”

Daily Chart

Not a good signal on buyer side of EUR/USD. If this continue to go down, there is large probability that it will continue go down

Hourly (H1) Chart

From hourly chart, there seem a probability that EUR/USD already reach its short term bottom. If this pair can rebound in 2-3 days ahead, then maybe this is only the correction, and the uptrend will continue

Honestly, since monday i trade only sell position on EUR/USD. I can profit about 20-50 pips / day and my winning percentage almost 80%.

EUR/USD continues to go down is a post from: Vendy's Journal of Life

Since the Fed inject massive fund to help American economy, there is a threat of the declining dollar. Declining dollar can cause the inflation and many other impact.  Right now we already face it and seems don’t have any sign of when it is end.

See…. The Dollar keep declining. But there some bullish divergence on MACD.

Let’s see the impact on EUR/USD

EUR/USD now near all the time resistance level. If dollar keep declining, this can break out and make a new high

Gold up up and away

Dollar Weakness, Gold continue to rise is a post from: Vendy's Journal of Life