Forex-Dreamer

PERUBAHAN

2010-04-12T10:07:00.000+07:00

Sebelumnya saya mohon maaf pada semua pengunjung blog ini, karena cukup lama saya (karena berbagai alasan) tidak melakukan update.

Untuk kedepannya blog ini akan saya update lagi, tapi dalam bahasa Indonesia (ternyata lebih capek mikir translate daripada mikir candlestick hahahahaha ). Tapi,pada hakekatnya, isi dari blog ini tetaplah sama, yaitu merupakan 'catatan terbuka' tentang aktivitas trading saya, tanpa bermaksud menggurui atau memberikan sinyal untuk trading. Terserah bagaimana cara rekan2 semua dalam menyikapi postingan saya, yang pasti tetaplah ingat hal ini : your own money, your own trade and your own risk.

Cukup untuk kali ini, sampai jumpa lain waktu dalam Forex-Dreamer edisi baru :p

My Performance On September 2009

2009-10-01T07:16:00.000+07:00

Number of Trade : 9
Profitable Trade : 5
Loss Trade : 4
Amount profit : +431 pips
Amount loss : -161 pips
TOTAL PROFIT : 270 pips

Dollar Strenghtening Take a Breath in Asia but Still Remain

2009-09-30T09:57:00.004+07:00

09:39 AM (GMT+7)

EUR/USD - TF 4 Hour

Downside on EUR/USD paused by hammer , in my opinion EUR/USD now in rebound as long as not break 1.4652 surely. I think it will try move to EMA 66 (red) area ( 1.4640 - 1.4647 ). EMA 5 and 20 already crossed down to EMA 66, RSI stay below 50's area so my idea still short

EUR/USD - TF 1 hour

There is no bullish sign on TF 1 hour. Just like TF 4 H, price seems like try move to EMA 250 ( 1.4638/47).

I already make pending order sell limit at 1.4637( bid), SL at 1.4660 while target I let it with open target. I'll check it latter

UPDATE 1- 08:01 PM (GMT+7)

I can't control my position this afternoon and when I online I saw that EUR/USD already hit my SL. But I'm still believe that Dollar still powerful. So I decided to sell it again at 1.4599 (bid), Target at 1.4509 and SL at 1.4645

My decision based on recent TF 4 Hour and TF 1 Hour performance which is :

TF 4 Hour:
RSI stay below 50's area, previous candle already form bear candle, EMA 5 (blue) failed cross up to EMA 20 (green) and already curved down.

TF 1 Hour:
RSI moved below 50's area, 2 previous candle form evening star, EMA 5 and 20 move below EMA 66

There is news from EUR tonight but I can control it because I have to do somethig and I can't keep on eye it. But I belive that EUR/USD now in progress test 1.4505 so I let it flow as my plan

TF 4 Hour chart

TF 1 Hour chart

Trading Idea for Today Sell on EUR/USD

2009-09-29T14:11:00.000+07:00

02:02 PM (GMT+7)

My strategy for EUR/USD today :

Sell at market price fiew minutes ago at 1.4625 ( bid price), SL at 1.4655 and TP at 1.4545

EUR/USD Trading Strategy : September 28, 2009

2009-09-28T17:12:00.000+07:00

04:53 PM (GMT+7)

On time frame 4 hour, RSI stay below 50's area,EMA 5 (blue) already crossed down to EMA 20 (green) and EMA 66 (red). Parabolic SAR formed strong resistant at 1.4724's area while possibility upward movement limited at 1.4687 ( I hope).

Downside seems still powerful, as EUR/USD break 1.4600. After make a rebound I think EUR/USD will go once again re test 1.4600 and then try to break 1.4505

I already sell EUR/USD fiew minutes ago,at 1.4632 (bid price), I set SL at 1.4658 and my Target at 1.4542

EUR/USD Trading Strategy for September 18, 2009

2009-09-18T19:54:00.002+07:00

07:34 PM (GMT+7)

TF 4 Hour

TF 1 Hour

Time Frame 4 Hour Chart shows bullish still remain strong, indicated by EMA 5 ( blue) and EMA 20 (green) pattern which is steady above EMA 66 (red). RSI also steady above 50. Strong support seen at today's hight ( 1.4748) and if break price possibility will try to test yesterday high at 1.4766 before test 1.4778 wich is became resistant before price go further to 1.4866 ( high on 9/27/2008)

Time Frame 1 Hour Chart shows the same pattern with possibility drawdown to 1.4686 area which is became nearest support that hold EUR/USD, if break it possibility would bring EUR/USD re test today's low at 1.4648

I already enter long for EUR/USD just a fiew minutes ago at 1.4706 , my SL at 1.4380 ant target at 1.4770

UPDATE 09:25 PM :

My SL hit, I'm make miss type here.. on my writing above I wrote my SL on 1.4380, sorry that's my mistake. I mean my SL on 1.4680 and it's already hit, so I loss for 26 pips

OK, I'm done in EU with loss..it's ok, I will catch it next day. Now time for entertainment, watching Meet The Spartan by free streaming.

Main Idea Still Long EUR/USD

2009-09-14T19:51:00.005+07:00

07:38 PM - GMT+7

EUR/USD TF 4 Hour's Chart

RSI steady above 50's area, three previous candle indicated bearish already loosing it power and possibility will goes up not for long. EMA 5 (blue) failed crossed down EMA 20 (green).

EUR/USD TF 1 Hour's Chart

Price action moved above EMA 66 (red), EMA, Parabolic SAR and candlestick shows me bullish pattern. I already enter long EUR/USD at 1.4549, SL at 1.4499 while target I let it open. I will concidering aim 1.4720 if price move steady above 1.4600. I will decide it latter, now I keep it with open target

UPDATE 08:38 PM - GMT+7
Price jump to 1.4608 and now it moving at 1.4600 area, I decided adjusting my Stop Loss to 1.4559 and set my target at 1.4700.

I also set pending order entry sell limit at 1.4720. I will set stop loss and target for my entry if it executed on tuesday, if on tuesday it's not ececuted I might cancel it

Time to bed rest, I've got a cold and I have to take medicine and rest if I want to get well soon....

UPDATE 01- September 16, 2009 - 58 AM - GMT+7

As I said before, I will cancel my pending order entry sell at 1.4720 if not executed on Tuesday, so I already cancelled it. I also adjusting mu Stop Loss for my original position , I set it at 1.4599 while I keep my target at 1.4700

Wait and See

2009-09-10T08:47:00.006+07:00

08:32 AM (GMT +7)

TF 4 Hour Chart

Three previous candle indicated bullish getting weak, I think it need drawdown first to collect more bullish momentum. My aim is 1.4720 but now it's too risk take long position for now and either short position. Nearest resistant was yesterday's high at 1.4600, next will be 1.4720 (high on 12/19/2008). On downward movement, I concern about 1.4537and then 1.4505. Control point where price possibility bounce up again might 1.4444 area but I'm not too sure for now. I decided just stay away from market and wait till next fiew hours.I will update this post soon as I make decicion

UPDATE 07:32 PM (GMT+7)

TF 1 Hour's chart

Bullish steady indicated by RSI and candlestic pattern, and also parabolic SAR on TF 1 H so I already buy EUR/USD fiew minuetes ago at 1.4572, SL at 1.4532 and target at 1.4672

UPDATE 09:20 PM (GMT+7)

I'm to rush entry before price reach bottom, I think it's still bullish but I will not adding new problem. Sometimes you win, other time you loss, this is real forex. I got red, and my stop loss hit. Time for doing somthing fun,browsing and download movie

Euro Bullish Hold

2009-09-09T16:22:00.000+07:00

04:07 PM ( GMT+7)

4 Hour's Chart

1 Hour's Chart

From both TF 1 hour and TF 4 hour charts, I think bullish on EUR/USD still hold it momentum and I already make entry long at 1.4498, SL at 1.4438 and my target at 1.4568. It's seems EUR/USD continue try to break up 1.4571 ( low on 8/30/2008) and if it break, I think major tren for long term will comfirm turn to bullish, but who knows? Let see what happen next....

Summary of Trading Results September 2009 ( Eur/ USD )

2009-09-07T07:25:00.008+07:00

*Day 1, Date : September 03, 2009 : Buy EUR/USD on market price at 1.4276, Target Hit at 1.4326.
Result: Profit : 50 pips

*Day 2, Date : September 07, 2009 : Buy EUR/USD on market price at 1.4324, Target Hit at 1.4404
Result: Profit : 80 pips

*Day 3, Date : September 09, 2009 : Buy EUR/USD on market price at 1.4498, Target Hit at 1.4568
Result: Profit : 70 pips

*Day 4, Date : September 10, 2009 : Buy EUR/USD on market price at 1.4572, Stop Loss hit at at 1.4532
Result: Loss: 40 pips

*Day 5, Date : September 14, 2009 : Buy EUR/USD on market price at 1.4549, Target hit at at 1.4700
Result: Profit : 151 pips

*Day 6, Date : September 18, 2009 : Buy EUR/USD on market price at 1.4706, SL hit at at 1.4680
Result:Loss : 26 pips

*Day 7, Date : September 28, 2009 : Sell EUR/USD on market price at 1.4632, SL hit at 1.4658
Result:Loss : 26 pips

*Day 8, Date : September 29, 2009 : Sell EUR/USD on market price at 1.4625, Target hit at 1.4545
Result: Profit : 80 pips

*Day 9, Date : September 30, 2009 :
1. Original Position Sell Limit EUR/USD executed at 1.4637, SL hit at 1.4660, result loss 23 pips
2. Additional Position Sell on market price at 1.4599, SL hit at 1.4645, result loss 46 pips
Result: Loss 23 pips + 46 pips = Loss 69 pips

Total Profit/ Loss : 50 pips + 80 pip + 70 pips + ( -40 ) pips + 151 pips + (-26) pips + (-26) pips + 80 pips + (-69) pips

EUR/USD Trading Strategy, September 07, 2009

2009-09-07T07:20:00.001+07:00

06.59 AM (GMT+7)

TF 4 Hour

RSI (14) steady above 50's area, EMA 5 (blue) and EMA 20 (green) crossed up EMA 66 (red) and candlestic shows bullish pattern. In my view, break 1.4347's area will trigger price upward to test resistant at 1.4413 area, and if price could steady and hold the bullish momentum it will re test 1.4448 as the nearest major resistant.

On downward movement, I see 1.4267's area as support that hold EUR/USD fall. Break it may turn my view. But now, my trade idea is long for EUR/USD.

TF 1 Hour

It's in lined with TF 4 hour, so I already make entry long EUR/USD at 1.4324, SL at 1.4274 and TP at 1.4404. I will check it at london opening, I may change it but now I will let it flow as my plan

Marketiva : Trade with minimum $1 and get $5 for sign up

2009-09-04T01:36:00.000+07:00

Marketiva

My Performance On August 2009

2009-09-03T07:37:00.000+07:00

Number of Trade : 8
Profitable Trade : 6
Loss Trade : 2
Amount profit : +420 pips
Amount loss : -104 pips
TOTAL PROFIT : 316 pips

September 03, 2009 : EUR/USD Trading Strategy

2009-09-03T07:23:00.000+07:00

06:54 AM (GMT+7)

TF 4H Chart

This chart shows me that Bullish likely come back but not confidence yet indicated from EMA 20 (green) movement which is failed crossed down to EMA 66 (red), as my major concern to determined direction, EMA 5 (blue) also give me sign that price going to up when it curved up.RSI (14) in 49 area which mean price action now play on the middle area. But from TF 1 H I'm sure soon RSI will break 50's area and going up.

TF 1 H Chart

Bullish but not confidence shows by RSI (14) above 50's area, support already formed by Parabollic SAR on 1.4247 area, from that I already make one entry, buy at 1.4276 , SL at 1.4226 and TP at 1.4326

August 25, 2009 : EUR/USD Trading Strategy

2009-08-25T21:25:00.006+07:00

09:25 PM - (GMT+7)

TF 4H Chart

After break 1.4359 and topped at 1.4376, Eur/USD mildly recovery to 1.4253 ( today's low), looks like it's ready to continue up.

My opinion based on price action wich is stay above EMA 66 (red), and EMA 5 (blue) and so EMA 20 (green) in lined with price action stay above EMA 66. RSI (14) also gaining position back steady above 50's area. Previous candle also formed bullish candle.

Upward seen move to 1.4413 as medium resistant that hold bullish now, break it would trigger movement to this month high (1.4448)and significant break will comfirm bullish will continue. That is my opinion, but since investor concern and act careful abaout general issue recently, I'll keep play with tight control

I already entry long EUR/USD at 1.4322, SL at 1.4282 and target at 1.4400

August 20, 2009 -Trading Strategy for EUR/USD : Long!

2009-08-20T10:05:00.008+07:00

10:13 AM (GMT+7)

TF 4H Cart

Dollar loss again Euro last night, and already break support at 1.4236. As my previous view now EUR/USD I hope will continue to next support at 1.4359. This ny opinion based on my RSI which is steady above 50's area,previous candle already formed spinning top ( looks like a doji but I think it's not a doji),price moved above EMA 66 (red), EMA 5 (blue) already crossed up EMA 66 and I hope soon it follow bye EMA 20 ( green).

In other side,if EUR/USD could down to recent low (1.4205) again, I think it will push price to 1.4185/70. This suppose turn EUR/USD bias centiment. Next level in downward I concern abaout 1.4141, 1.4044 and 1.3970.

I already take one position buy at market price and I got at 1.4218, my SL at 1.4168 and Target at 1.4310. If Eur/USD goes up as my plan,I will take attention at 1.4273 area, and if at there I don't see indications trend will continue on smaller Time Frame, I will clear my position

UPDATE 1: August 21, 2009 - 11:00 AM

EUR/USD make a top at 1.4275 last night, and in TF 4 H, RSI(14) still hold above 50's area, which mean there still possibility price would try to go up. But I don't like what I've seen on TF 1 hour. So I decide to adjusting my Stop Loss at 1.4188 and lowering my expectation. So I'm lowering my target and change it to 1.4298

Trade Idea For EURO/USD - August 19, 2009

2009-08-19T17:08:00.004+07:00

05:11 - (GMT +7)

4H Chart

Bearish still in progress since EMA 5 (blue) and EMA 20 (green) crossed down to EMA 66 (red) at 1.4236 area. It's still try to re test 1.4044 (low at 08/18/2009 ). Light support shown at 1.4066, of course if EUR/USD could break recent low ( 1.4084).

In other side,upward,EUR/USD will meet 1.4141 as restriction upward movement, break it I think EUR/USD will try to test today's high (1.4172). And if price could through today's high, I concern 1.4206 before EUR/USD dealing with strong resistant at 1.4236. Break it will triger EUR/USD to 1.4359 level and next could be testing 1.4448 again

My Idea today:

1. Pending order : Buy Stop at 1.4141, SL at 1.4096 and TP at 1.4200
2. Pending Order : Sell Stop at 1.4066,SL at 1.4129 and TP at 1.3986

If one order executed then I will cancel the other one

Dollar Take A Breath

2009-08-18T07:23:00.006+07:00

7:21 AM (GMT+7)

EUR/USD - 4H chart
After strong rally against Poundsterling and Euro, looks like dollar want to take a breath for a while this morning in Asian market. In EUR/USD, price move at 1.4104 to 1.4114 level, which is my control point. Steady and break 1.4123 and momentum hold, I will take long as my main idea for today. I hope Eur/USD will move at least to 1.4167. Confidence break on it will triger EUR/USD to 1.4167 and if steady I hope it move further to 1.4206, and next strong resistant that hold upward movemen is 1.4236. bulish will be comfirm surely contrinue if EUR/USD could reach 1.4360.

Meanwhile, on downward movement, EUR/USD already make support at 1.4044( last night's low). Break it will triger to 1.3970. This is my frame work for EUR/USD

May be I will buy EUR/USD but I need a little more time to make sure. Now I will keep watching it

UPDTE- 08.57 AM (GMT+7)

Eur/USD : 1H chart

Already bu EUR/USD at 1.4110, SL 1.4060 TP at 1.4167

O.K, I already in. I will check it on london opening. There is several news from UK and also Euro this afternoon, it might change my view for today, but now I will let it flow as market movement

Play with a little speculation

2009-08-13T21:48:00.007+07:00

09:49 GMT+7

I'm not sure but EUR/USD not break medium resistant at 1.4328 (see previous day TF 4's screen shoot) so I sell it just minutes ago at 1.4306, I play with tight Stop Loss, my stop loss is 1.4336 and now I will keep on eye on it, I let it runing with open target, I hope EUR/USD first will down to 1.4235, level to watch for downward : 1.4273, 1.4235, 1.4180 for now

In upper side, I concern on recent high at 1.4328, break it will bring trigger upward movement to 1.4381

UPDATE August 14,2009 - 05:44 PM (GMT+7)

I don't like EUR/USD movement, till this moment both TF 1 H and 4 H did not give clear cross on EMA 5 to EMA 20, and there is several news form US latter. I think this a reason EUR/USD moved slowly.

I decided to minimized risk by adjusting my Stop Loss to 1.4298

I keep with open target.

Is It Bottom for EUR/USD for this week ?

2009-08-12T00:12:00.009+07:00

12:06 AM (GMT+7)

Dollar light agains Euro today, range move very tight. It can't break previous day low and now seems like it will move up, try to 1.4235 ( this is my opinion). EMA 20 already through EMA 66 but EMA 5 shows price too week to move down, and getting curved up, nearest support should yesterday low at 1.4104, break it would bring EUR/USD deeper to 1.3973. Meanwhile, upper movement will meet barrier at 1.4209 - 1.4235 and strong resistant should at 1.4273 and resistant that hold bullih trend on TF 4 Hour should be 1.4448.

On Time Frame 1 H, RSI already moved above 50, Parabolic SAR already make a sign for begining bullish trend, EMA 5(blue)almost cross up EMA 20 (green) and I don't want to wait because smaller TF already comfirm.

I take one BUY at 1.4166, I put SL at 1.4102 and I let it with open target, if next movement give me more signal to hold and comfirm EUR/USD already bottomed this week I might aim at 1.4326 as my first target.

But this just my plan, market is dynamic and it might change my mind latter

UPDATE:
07:22 PM (GMT+7) - august 12, 2009

Well... Stop loss hit when I'm check it. I will not make new entry today, I think market direction will more clear after FOMC Statement and Federal Funds Rate from US which will relese on next couple hours. Better for me to cooling down and take a rest

Dollar Bullish on Friday,Will it Continue This Week?

2009-08-10T05:10:00.016+07:00

05:14 AM (GMT +7)

Dollar strenght significant on friday, EUR/USD meet my first target and bottomed 1.4154 and closed at 1.4181. My next target should be 1.4100, but for sure I have to wait till EUR/USD give me a clear signal would dollar continue bullish or not. Time frame 4H give a signal that bearish on EUR/USD still in progress, nevertheless, from previous candle that already formed, it formed a spinning top that indicated bear power getting loss it power and might need a bounce up. My opinion supported by TF 1 H, that price already in oversold rea (RSI level 14). Possibility it will move up to 1.4238 - 1.4255. Nearest resistant that hold price turn to bullish back at 1.4273/80 if this could be through I will reconsider it and might will change my option to buy. But as long as price stay bellow, my main idea sell for EUR/USD.

So it is time for wait and see. I'm not decide what I want to do beside, this is monday morning, start of asian market would not good to determine EUR/USD direction. I will update this post soon after I make decision

TF 4H EUR/USD's Chart

TF 1H EUR/USD's Chart

UPDATE1 - 02.19 PM (GMT+7)

RSI(14) steady bellow 50, 2 bearish candle already formed evening star on friday, EMA 5(blue) through EMA 66 (red) and I think EMA 20 (green) will follow soon based on indication from Time Frame 1 Hours.

On Time frame 1 H, RSI(14) steady bellow 50, EMA 5(blue) and 20 (green) steady moved bellow EMA 66 (red) and after try to going up ema 5 failed to get through ema 20 wich mean pull back up already loss the momentum and I think it's big chance to go down, to re test 1.4154 and if steady I hope it will push lower to 1.4072.

I already take one position, sell EUR/USD at 1.4205 a fiew minutes ago, my target at 1.4100. I put stop loss at 1.4255. I will check it before London session closed

UPDATE 2 - August 11, 2009 - 02.05 AM (GMT+7)

During US session, I've got a trouble with my internet's connection. But on midnight my internet connection already fixed, and when I look at my chart, price already moved near to my target. I'm wait but is it not meet my target, it just reach 1.4104 and then EUR/USD seems like want to bounce up. I don't want to take a risk during instability internet connection so I already cut (hard exit) at 1.4131. I'm still see bearish but I will wait on next day for next strategy and for sure. For now 74 pips is not to bad for me.

summary of trading results August 2009 ( Eur/ USD )

2009-08-10T05:06:00.011+07:00

*Day 1, Date : August 06, 2009 : original position sell on market price at 1.4389, Target Hit at 1.4265.
Result: Profit : 124 pips

*Day 2, Date : August 10, 2009 : original position sell on market price at 1.4205, Hrd Exit at 1.4131.
Result: Profit : 74 pips

*Day 3, Date : August 12, 2009 : original position buy on market price at 1.4166, SL hit at 1.4102.
Result: loss : 64 pips

*Day 4, Date : August 13, 2009 : original position sell on market price at 1.4306, Trilling Stop hit at 1.4298.
Result: profit 8 pips

*Day 5, Date : August 18, 2009 : original position buy on market price at 1.4110, Target hit at 1.4167.
Result: profit 57 pips

*Day 6, Date : August 19, 2009 : original position buy stop executed at 1.4141, Target hit at 1.4200.
Result: profit 59 pips

*Day 7, Date : August 20, 2009 : original position buy on market price at 1.4218, Target(adjustment) hit at 1.4298.
Result: profit 80 pips

*Day 8, Date : August 25, 2009 : original position buy on market price at 1.4322, SL hit at 1.4282.
Result: Loss 40 pips

Total Profit/ Loss : 124 pips + 74 pips + (-64 ) pips + 8 pips + 57 pips + 59 pips + 80 pips + (-40) pips

Market Stuck Await For Big News

2009-08-06T06:50:00.008+07:00

06: 50 AM (GMT+7)
All pair moving on tight range awaiting for UK MPC statement and UK Official Bank Rate,and EURO minimum Bid Rate, and also tomorow The FED will shake the market with Non-Farm Employment Change,Unemployment Rate and Average Hourly Earnings wich will be the main concern all trader in the world. All moved slowly and boring. Eventhough EUR already break this week high at 1.4444 and make a new top last night at 1.4448, I don't want to take a risk stuck on the market.

My concern in Time Frame 4H does not give me the clear direction, that's also shown on time frame 1 H. I hate fundamental and this week full of big fundamentals,I just stay away on EUR/USD since it make sideaway for last fiew days.

TF 4H:

TF 1 H :

UPDATE - 06:09 PM (GMT+7)

As I said before, I see bullish but already loosing power and getting weak, and In my opinion EUR/USD need a downward for gain and collect more power to jump. Price action in Time frame 4H already touch parabolic SAR and EMA 20, and EMA 5 alredy curved down, this should indicated bearish will happen soon. On TF 1 H, price alreadi break EMA 20 and Parabolic SAR already formed above the candle, which mean it's bigger chance for price action push lower to EMA 250 at 1.4258, and if steady will contiue to 1.4212.

I already take one sell at 1.4389, I put SL at 1.4448 and my first target is 1.4265, and if this going to be as my view, my second target would be 1.4100

UPDATE: Friday, 07 August 2009 ( 08:27)

EUR/USD near on my target, but seems like NFP would make it higher. I'll try to keep on my plan, but for safety procedure I'm now adjusting my Stop Loss at 1.4379

My Performance On July 2009

2009-08-04T11:24:00.002+07:00

Day trading : 17
Number of Trade : 17
Profitable Trade : 7
Loss Trade : 9
BEP Trade : 1 pips
Amount profit : +351 pips
Amount loss : -581 pips
TOTAL LOSS : 230 pips

EUR/USD Break Strong Resistant

2009-08-04T10:50:00.002+07:00

10:51 AM

Eur/USD alredy make a rally since Thursday and break strong resistant at 1.4437 and top at 1.4444 this morning. From that EUR/USD already comfirm the bullish still continue. But I think RSI and candlesticks configuration shows EUR/USD need downward first,possibility to 1.4328 area. And support seen at Friday's High which is 1.4280.

I'm not take any position today till EUR/USD break it High today or move to 1.4328, I think this week will move with tight range regarding this is early month and market await NFP from The Fed