MY DAILY TRADING IDEA TODAY - EUR/JPY ( APRIL 2014 )

Eur/Jpy daily forecast - Eur/Jpy Trading Strategies

 1.  Wednesday April 02, 2014

• Buy EUR/JPY at 142.87
• Target Profit at 143.37
• Stop Loss at 142.47

 2.  Thursday April 03, 2014

• Sell EUR/JPY at 142.66
• Target Profit at 142.16
• Stop Loss at 143.06

 3.  Friday April 04, 2014

• Sell EUR/JPY at 142.09
• Target Profit at 141.59
• Stop Loss at 142.49

 4.  Monday April 07, 2014

• Buy EUR/JPY at 141.43
• Target Profit at 141.83
• Stop Loss at 141.03

 5.  Monday April 07, 2014

• Sell EUR/JPY at 141.74
• Target Profit at 141.23
• Stop Loss at 142.04

 6.  Tuesday, April 08, 2014

• Buy EUR/JPY at 140.86
• Target Profit at 141.36
• Stop Loss at 140.46

7.  Tuesday, April 09, 2014

• Sell EUR/JPY at 140.67
• Target Profit at 140.17
• Stop Loss at 141.07

8.  Thursday, April 10, 2014

• Buy EUR/JPY at 140.94
• Target Profit at 141.44
• Stop Loss at 140.54

 9.  Friday, April 11, 2014

• Sell EUR/JPY at 140.80
• Target Profit at 140.30
• Stop Loss at 141.20

10.  Monday, April 14, 2014

• Sell EUR/JPY at 140.59
• Target Profit at 140.09
• Stop Loss at 140.99

11.  Monday, April 21, 2014

• Sell EUR/JPY at 141.42
• Target Profit at 140.92
• Stop Loss at 141.82

12.  Wednesday, April 23, 2014

• Buy EUR/JPY at 141.89
• Target Profit at 142.39
• Stop Loss at 141.49

 13.  Thursday, April 24, 2014

• Sell EUR/JPY at 141.46
• Target Profit at 140.96
• Stop Loss at 141.86

 I like trade on EUR/JPY, it's boost my adrenaline

 See my trading result here

Trading of financial instruments involves substantial risk, including complete possible loss of principal plus other losses and is not suitable for all members of the public. This blog discusses my experiences and my style of trading. This blog is for entertainment and educational purposes only. The trades discussed here are MY trades. You make your own trades and you and only you are responsible for your trades. Ideas and opinions discussed on this blog are not in any way recommendations to buy or sell securities or investment advise.

Forex Forecasting : Three General Types of Market Analysis. Which One The Best?

Forex Forecasting :  Three General Types of Market Analysis.

There were traders  in different types of forex forecasting, how traders made some Market Analytics and used it as basic for decision buying or selling currency/ CFDs /Stockcs. Each trader has their own favorite method. In general, these types of market analysis were  generalized in three types :

1.    Technical Analysis
2.    Fundamental Analysis
3.    Sentiment Analysis

It is true there  many fanatic ( of a certain market analytics) traders claimed that technical analysis is the best one for giving superior forex signals, or other groups said fundamental  analysis much better, or some said sentiment is more precise. Don’t be confused. The three types all are the best. It’s just like if you have three different legs, if one of them broke, you feel the pain.
Technical analysis is the study of price movement on the charts, fundamental analysis pointed at how the country’s economy condition and  Market sentiment analysis determines whether the market is bullish or bearish on the current or future fundamental outlook.
Every types is essential for your trade, depending the situations.  No need tu rush and don't think about fast track to forex. Learn it all step by step, practice it and time after time you will learn how to use these different type dealing with certain situation and taking advantaged gaining profit or minimized risk from it. Every type has it's own advantage to generate trading signals based on certain conditions, sometimes they need to be mixed, it's depend on you. The point is, goo trade as you like. as long as you generate green pips then you did in the track.

The Basic 2 : Trading FOREX

What is trading forex?

Why you should traded?

The quick answer is MONEY. In forex, you’re not buying anything physical. Think of buying a currency as buying a share in a particular country, its kind of buying stocks of a company. The price movement of the currency is a direct reflection of what the market thinks about the current and future health of a certain country’s economy.

A simple way to understand, say, if you buy  the Pound Sterling then you are basically buying a “share” in the U.K economy. You are asuming that the U.K economy is doing well, and will even get better in the future. Once you sell those “shares” back to the market, hopefully, you will end up with a profit. In other words, the exchange rate of a currency versus other currencies could be a reflection of the condition of that country’s economy, compared to other countries’ economies.

Forex trading is the contingously market where people buying of one currency and selling another. They  are eventually traded through a broker or dealer. Curency are traded in pairs; for example the Pound Sterling and the U.S. dollar (GBP/USD) or the Pound Sterling and the Japanese yen (GBP/JPY) etc.