Teknik Trading TSM2C (terbaik,senang,menguntungkan 2 candle)

Senang je.mula mula bukak 1hour chart any currency.

Pastu, tunggu for a bull or bear candle to form, after it closes bullish or bearish, kemungkinan besar candle selepasnye will form bull or bear candle...theres some easy pips for you.

Cari 2 candle yang sama arah untuk jadikan entry.

contoh:

First candle bull,second pun bull..
Guna 2 candle ni untuk dapatkan entry dan stoploss.
First candle nye low jadikan stoploss dan second candle nye high
jadikan entry.Tapi kalau nk tunggu retracement dulu pun bleh baru enter market untuk kurang kan risk.

Entry dan Exit Rules:
Bull candle --- Stoploss at the low of the previous candle, target profit sama ngan ape yang ko risk or 2 kali ganda ape yang ko risk.
Bear candle --- Stoploss at the high of the previous candle, target profit sama ngan ape yang ko risk or 2 kali ganda ape yang ko risk.
No trade --- If next candle starts to form against the direction of the previous candle.

CONTOH enter trade dan cara mengenal pasti trend:

Stop loss bawah candle 1 or 10-20 pip untuk sell dan 10-20 pip untuk profit dan sebaliknye untuk buy. Kira suma bergantung pada kita nye money management. Pakai mane yang kita rase sesuai pada situasi dan cara kita trade. Kadang2 kalau sy pkai stoploss bawah candle 1,take profit sy ikut ape yang saye risk. Kira nye risk and reward saya 1:1. Teknik ni kalau nak lagi selamat pakai (MA period-24 shift-10). Follow the trend, the trend is your friend.

Note: The best bull or bear candles are ones that are one-sided or ones that have little or no wick. (strong bull/bear candle)

Economic Numbers that Move the US Dollar

1. How important the market considers a particular release to be.

2. How close to market estimates the number comes in at. Remember that markets anticipate news, so generally if an economic release comes out as expected, there is very little if any market reaction to that release.

How important the market considers a particular economic release to be, is something that changes over time depending on what is happening from a US Dollar fundamentals standpoint. If there are worries that the economy is going into recession, then the market is going to be extra sensitive to any numbers, such as non farm payrolls and consumer spending, which may provide early warning signs that this is the case. Conversely, if the economy is heating up and the markets are worried that inflation may become a problem, then the most market moving numbers may be price data releases, such as the CPI and the PPI. For your reference, according to Dailyfx.com the most market moving indicators for 2007, in order of importance were:

1. Non Farm Payrolls
2. FOMC Releases
3. Retail Sales
4. ISM Manufacturing
5. Inflation
6. Producer Price Index
7. The Trade Balance
8. Existing Home Sales
9. Foreign Purchases of US Treasuries (TIC Data)

Why the US Dollar is Still the King of the Currency World

The first reason why the US Dollar is the king of the currency world is the fact that it is a part of each of the world’s most actively traded currency pairs. According to the Bank of International Settlements and as outlined here, these currency pairs account for 67% of the daily turnover in the forex market. When you add the US Dollar Swidish Krona currency pair and all of the currencies categorized as “other” traded against the US Dollar, that total rises to 89%

EUR/USD 27%
USD/JPY 13%
USD/GBP 12%
USD/AUD 6%
USD/CHF 5%
USD/CAD 4%
USD/SEK 2%
USD/Other 19%

A second reason why the US Dollar is still the king of the currency world is because it is the world’s primary reserve currency, accounting for over 63% of the world’s currency reserves. A reserve currency is a currency held by the governments/central banks of other countries in large quantities. Countries do this so they can purchase goods which are priced in the reserve currency at a cheaper rate than if they had to convert, and to borrow money at a cheaper rate, since lenders will be more likely to lend knowing they hold large quantities of what is considered a more credible currency. Perhaps most importantly for traders, many countries and especially countries in Asia (the most talked about example being china) maintain large reserves of US Dollars so they can either peg the value of their currency to the US Dollar, or maintain a loose peg. The goal here is to either stabilize their own currencies and therefore their economies and/or to hold the value of their currencies artificially low in order to make their goods more competitive overseas, something which we will examine further in our next lesson.

Thirdly, many private businesses and individuals located outside the United States hold US Dollars for trade reasons, because they consider the currency more stable than their home country’s currency, or for a multitude of other reasons. This, combined with what we just covered on the US Dollar being the world’s primary reserve currency, means that over 2/3rds of all US Dollars in circulation are held outside of the United States.
The last major reason why the US Dollar is still king of the currency world is because many major commodities such as oil, gold, and silver are priced in US Dollars, making access to US Dollars essential for anyone in the world who wants to purchase these products.

More than simple interesting facts, these factors can have huge affects on the value of the US Dollar, and are therefore extremely important to us as traders. Exactly how these things affect the US Dollar, and therefore exactly what we should watch out for as traders will be the topic of our next lesson so I hope to see you then.

As always if you have any questions or comments please leave them in the comments section below, and good luck with your trading!