Whats wrong with Chinese New Year - forex trading yogyakarta

Whats wrong with Chinese New Year ~ forex trading yogyakarta

Its that time of the year again where all things red fill our surroundings, Chinese new year songs with drums and gongs jam the radio stations and streets. You might be surprised
to hear this, but theres actually something wrong with Chinese New Year. No wonder every year people say the new year spirit is lower than the previous year.

Here are some of the things i noticed;

1) Its a different date every year!

We celebrate New Year on the 1st of January every year. Same for Christmas on 25th of December and National Day on the 9th of August every year.  But when it comes to Chinese New Year, it can range from early January to even March! How confusing is that? 

I understand it happens this way due to us Chinese following of the lunar calendar. But we are so used to following the January to December calendar format and that is the reason why we hear people asking without fail every year, "Hey when will Chinese New Year be next year huh? I need to plan my leave leh." 

In fact i need some time to generate the mood, man!

2) Ang baos are too overly rated

Elders and married couples are usually the ones giving ang baos (red packet) to the younger ones or unmarried relatives in the family line. The symbol of giving ang bao is to suppress ageing, give blessings and good luck for challenges faced in the coming year. 

However, we are now in the era where heaps of articles will come out publishing the appropriate amount to give. They can be based on age, closeness, and even how much you earn. Its almost like a yearly payment to the tax man. I am suppose to give more if i earn more and not according to my own wishes? No wonder no atmosphere lor. The giver wants to give less, the receiver wants more. 

Haha my wife handles all the angbao budgeting and giving but my savings plan is sure gonna get a beating..  

3) Eating and drinking

The feasting begins long before the actual Chinese New Year. From barbecue pork to pineapple tarts, mandarin orange to soft drinks and beers. All these are right in front of you whether you are at home or in the office. 

Then comes the reunion lunches, reunion dinners with relatives from your fathers side, your mothers side, your wifes father and mother side...the list goes on and every meal is a mega feasting. 

It probably doesnt end until 2 week after the CNY holidays. (We are supposed to celebrate CNY for 15 days, you know..) 

The good part about this though, is the gathering of friends and relatives but the bad part is the side effects that comes along with over eating like indigestion and most importantly, weight gain. 

But I guess the most determined of us cant resist the hammering of good food for so many days...

4) Ghost towns everywhere

The trains and buses become near empty, shopping centres become less lively and also less convenient as businesses close for these few days or even up to a week as Singapore is largely populated with Chinese and we usually take a few more days of leave after the official public holiday. 

Therefore every one else is having a feasting of their own. And if you are looking for a cab on the streets, good luck to you as they will be few and far between.

5) Questions from relatives and friends

It seems like our uncles and aunties are the most forgetful people in the world. Every year since young, without fail, there will be the exact same set of questions being asked. 

If you are schooling, they will ask you about your results. If you are working, they will ask you about your work, your pay, whether you have girlfriend or boyfriend, then comes the when are you getting married, when are you having your first child, then 2nd child... the list goes on. But i guess its all part of an effort to get to know each other more and should really be appreciated.

Above all, Chinese New Year is a time for reunion and also a joyous occasion to be celebrated. So let just relax and look on the bright side of every thing and spread the love! 

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Forex Trading Week 1 - trading forex yang paling bagus

Forex Trading Week 1 ~ trading forex yang paling bagus

Ok here wraps up my forex trading week 1. I should say i am getting the hang of it and consider to have done alright i guess. Started first day initially at 0.01 per pip, i have started to add 0.10 per pip during mid week. Have learnt to always set my TP and SL. The 2 open trades are a stark reminder of what happens when the trade goes completely against my direction and i did not SL. Still holding on to those trades since day one...

Best trade of the week was my spotting of gbp/aud trade where i spotted correctly with the trend and TP at 46 pips. Made a loss with eur/chf of 22 pips, this was an auto SL and was glad i learnt my lesson during first few days of trading as this went the other direction. Otherwise i would be looking a massive loss.

Overall, it was a good week and an exciting one. Next week will be increasing my stakes. Wish me luck and foresight and wisdom... Cheers!

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Petrolul a format un Three Drive Pattern - forex trading platform for android phones

Petrolul a format un Three Drive Pattern ~ forex trading platform for android phones

Petrolul a retestat ieri minima din 24.08 ?i chiar ne-a oferit o minim? sub aceasta , la 37.78. Dup? cum putem vedea în graficul de 4 ore, petrolul a definit un model Three Drive ce ne sugereaz? o posibil? intrare într-un raliu mai amplu.

Consider?m c? pre?ul s-ar putea respinge din linia de suport ?i s? se îndrepte spre 42.27/ 42.84. Dac? aceast? prim? zon? de rezisten?? va fi str?puns? consider?m c? urm?toarea zon? de targetare ar putea fi în zona lui 46.21/46.77. Ne preg?tim pentru o posibil? intrare long pe aceast? zon? de suport cu un stop loss sub 36.50/36.40.

Înscrieri la Cursurile de Analiz? Gann ?i abonare la Buletinul de Analiz? S?pt?mânal? Gann pe email
gannmasterforex@gmail.com  si pe Patreon.com

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Understanding Forex Trading - forex trader youtube

Understanding Forex Trading ~ forex trader youtube

Understanding Forex Trading

Having traded for a month on the forex market, i shall attempt to explain some of the basics in forex trading. Or at least my understanding of the whole forex thing. The following 3 charts
all relate to the same currency pair of USDJPY. They look so very different, dont they?


Time frames
Unlike the stock market which generally starts at 9 am and ends at 5 pm, trading in forex is a 24/7 thing. You can trade at any time of the day or deep in the middle of the night. You can watch the market in various time frames of M1, M5, M15, M30, H1, H4 to MN. It basically means there is a chart which updates by a minute, 15 minutes, hourly and up to monthly. I generally look at H1 (hourly chart), H4 (4 hourly chart) and D1 (daily chart).

Candlestick
I believe the reason why they are called candlesticks is probably due to them resembling candles with a wick at the top and bottom. In the above picture, there are 2 such candles.

Green candle - This indicates that the price is going upwards (bullish) with the bottom green as the opening price and the top green as the closing price.

Red candle - This indicates that the price is going downwards (bearish) with the top red as the opening price and the bottom red as the closing price.

Candle wicks - The thin line that protrude from the green and red candles indicates the highest or lowest price it ever went to during that time frame.

Try and see if you can figure out the trend from the above time frame charts.


Spread
Similar to shares trading where you are required to pay a commission every time you place buy or sell a share, it is the same when you trade in forex. But over here it is called a spread and can range from 3 to 12 depending on which currency pair you are trading. Example in the below picture, the spread for NZDUSD is 3 and NZDCHF is 10, meaning you need to earn more than the spread of 3 or 10 pip before its considered your profit.

PIPS
Forex trades up to 4 decimal points and every increase or decrease of 1 point is equivalent to 1 pip. Using the same picture above for illustration, if i were to buy the currency pair of NZDUSD at 0.6371, hoping that the price will go up, it would have to reach a price of at least 0.6375 which is an increase of 4 pips before its considered a profit 1 pip (0.6375 - 0.6371 = 4 pips increase less spread of 3).

Ok, thats about all for the basics, i will be back with more as i learn more.
I am currently updating my trades here, so check it out!

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Bearish Engulfing Pattern - forex trading hours in gmt

Bearish Engulfing Pattern ~ forex trading hours in gmt

Bearish Engulfing pattern criteria
1. Located at the top of an uptrend, even if the uptrend has been short.
2. The body of the first blue candle is completely engulfed by the body of the second red candle.
Shadows are not a consideration.
3. When the engulfing pattern occurs after a fast move up there will be less stock to slow down the
reversal move.
4. When the engulfing body engulfs more than one previous candle body there is more power in the
reversal.
5. If the engulfing body engulfs the body and the shadow of the previous candle there is more power in the reversal.

Bearish Engulfing pattern

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Forex Trading January (updated) Update - forex trading youtube explained

Forex Trading January (updated) Update ~ forex trading youtube explained

What an exciting month of trading it has been! From analysing of the charts to actually firing of my first trades and increasing of my stake at time goes by, it has been nothing short of excitement and feel of the adrenaline rush. But here i am producing my very first
report card of the month.

Closed Transactions:
Open Time	Type	Size	Item	Price Enter	Price Exit	PIPs	Profit
2015.12.22 05:24:14	balance	Deposit Bonus					150.00
2015.12.22 05:24:14	balance	Deposit					500.00
2016.01.04 09:36:33	buy	0.01	eurcadx	1.5182	1.5212	30.0000	0.21
2016.01.04 10:14:18	buy	0.01	eurusdx	1.0928	1.0951	23.0000	0.23
2016.01.05 04:12:14	sell	0.01	euraudx	1.5017	1.4997	20.0000	0.14
2016.01.05 12:08:26	sell	0.01	audusdx	0.7176	0.7170	6.0000	0.06
2016.01.05 12:11:35	sell	0.01	nzdusdx	0.6696	0.6681	15.0000	0.15
2016.01.06 02:44:12	sell	0.01	nzdusdx	0.6694	0.6655	39.0000	0.39
2016.01.06 02:52:36	buy	0.01	audchfx	0.7236	0.7088	-148.0000	-1.46
2016.01.07 06:47:06	sell	0.01	cadchfx	0.7106	0.7079	27.0000	0.27
2016.01.07 06:47:37	sell	0.10	cadchfx	0.7106	0.7079	27.0000	2.70
2016.01.07 08:52:41	sell	0.10	eurchfx	1.0848	1.0870	-22.0000	-2.19
2016.01.08 04:58:42	sell	0.10	gbpaudx	2.0753	2.0707	46.0000	3.25
2016.01.11 03:01:47	buy	0.20	gbpaudx	2.0869	2.0728	-141.0000	-19.83
2016.01.12 02:15:23	sell	0.20	audusdx	0.6987	0.6960	27.0000	5.40
2016.01.12 05:01:00	sell	0.20	gbpjpyx	170.92	170.64	28.0000	4.76
2016.01.12 07:20:41	sell	0.30	usdjpyx	117.47	117.40	7.0000	1.79
2016.01.12 12:16:58	sell	0.25	eurusdx	1.0852	1.0832	20.0000	5.00
2016.01.12 15:00:01	buy	0.02	audchfx	0.7016	0.7087	71.0000	1.41
2016.01.13 10:34:16	buy	0.25	usdchfx	1.0053	1.0079	26.0000	6.45
2016.01.13 12:19:36	buy	0.23	eurchfx	1.0902	1.0920	18.0000	4.10
2016.01.13 14:01:31	sell	0.25	gbpusdx	1.4390	1.4388	2.0000	0.50
2016.01.13 14:55:28	buy	0.25	gbpusdx	1.4413	1.4413	0.0000	0.00
2016.01.13 15:01:02	sell	0.25	eurusdx	1.0815	1.0800	15.0000	3.75
2016.01.13 15:16:09	sell	0.25	eurusdx	1.0816	1.0800	16.0000	4.00
2016.01.13 16:12:30	buy	0.25	eurgbpx	0.7511	0.7523	12.0000	4.32
2016.01.13 16:47:02	sell	0.25	gbpjpyx	170.26	169.99	27.0000	5.73
2016.01.13 19:06:16	sell	0.25	audusdx	0.6992	0.6970	22.0000	5.50
2016.01.14 01:53:16	sell	0.25	eurjpyx	127.77	127.62	15.0000	3.20
2016.01.14 16:05:26	sell	0.30	gbpaudx	2.0693	2.0606	87.0000	18.27
2016.01.15 06:42:28	sell	0.30	audusdx	0.6946	0.6930	16.0000	4.80
2016.01.15 06:42:48	sell	0.30	audjpyx	81.77	81.50	27.0000	6.88
2016.01.15 08:14:28	sell	0.30	gbpjpyx	169.73	169.39	34.0000	8.66
2016.01.19 10:18:00	buy	0.25	usdchfx	1.0071	1.0060	-11.0000	-2.73
2016.01.20 00:30:44	sell	0.21	audjpyx	81.24	80.93	31.0000	5.55
2016.01.20 00:31:16	sell	0.21	audusdx	0.6909	0.6884	25.0000	5.25
2016.01.20 09:37:55	buy	0.25	usdcadx	1.4639	1.4665	26.0000	4.43
2016.01.20 12:25:48	sell	0.21	audjpyx	79.89	79.61	28.0000	5.05
2016.01.20 14:03:28	buy	0.21	usdchfx	1.0033	1.0055	22.0000	4.59
2016.01.21 03:00:59	sell	0.25	euraudx	1.5652	1.5638	14.0000	2.43
2016.01.21 13:10:20	sell	0.25	nzdusdx	0.6422	0.6448	-26.0000	-6.50
2016.01.22 08:07:32	sell	0.25	euraudx	1.5414	1.5384	30.0000	5.28
2016.01.22 13:07:10	buy	0.25	nzdusdx	0.6502	0.6515	13.0000	3.25
2016.01.22 15:14:28	sell	0.25	audjpyx	83.08	82.90	18.0000	3.81
2016.01.22 16:33:50	buy	0.25	eurgbpx	0.7553	0.7556	3.0000	1.07
2016.01.25 02:06:13	buy	0.25	gbpusdx	1.4262	1.4274	12.0000	3.00
2016.01.25 02:17:31	buy	0.05	nzdusdx	0.6475	0.6481	6.0000	0.30
2016.01.25 04:05:56	buy	0.25	audusdx	0.6996	0.7015	19.0000	4.75
2016.01.25 07:41:29	sell	0.25	audusdx	0.7016	0.6999	17.0000	4.25
2016.01.25 07:47:13	sell	0.25	audjpyx	83.29	83.50	-21.0000	-4.42
2016.01.25 11:45:55	sell	0.05	usdcadx	1.4187	1.4185	2.0000	0.07
2016.01.25 12:45:55	buy	0.30	audjpyx	82.74	82.90	16.0000	4.04
2016.01.25 16:06:07	buy	0.30	nzdusdx	0.6473	0.6487	14.0000	4.20
2016.01.25 23:50:44	buy	0.40	audjpyx	82.32	82.34	2.0000	0.68
2016.01.26 00:02:04	buy	0.40	audusdx	0.6955	0.6960	5.0000	2.00
2016.01.26 16:17:41	sell	0.40	nzdusdx	0.6482	0.6481	1.0000	0.40
2016.01.28 01:07:35	sell	0.40	audusdx	0.7023	0.7016	7.0000	2.80
2016.01.28 03:11:59	buy	1.00	nzdusdx	0.6447	0.6444	-3.0000	-3.00
Total PIPS						642.00
Total Value							$128.99

I wouldnt understand what i just posted either.... well the table basically means a summary of all the trades i entered and exited during the month of January 2016. Made a small profit of USD 128.99 with 642 PIPS net gain during the month. I have also identified my favourite currency pairs to be AUDUSD, AUDJPY and NZDUSD. Traded actively on these pairs towards end of the month. 

Moving forward to February i will be working towards trading less transaction but more on quality. As i familiarize myself with the trading methods i will also be updating on the strategies that i use. So stay with me on this journey. Cheers!  

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Eagle Trading System - forex market hours etoro

Eagle Trading System ~ forex market hours etoro

Eagle trading System is a trend following system based on moving averages and ADX (Average Directional Movent Index).

Time Frame 15 min, 30min, 60 min, 240 min.

Markets: Currencu Pairs (majors) and Index.
Indicators:
Exponential Moving Average 16 period, close;
Simple moving average 200, close;
Average Directional Movent Index 14 period close (with level 23).

trading Rules for Eagle Trading System

Buy
16 EMA cross up SMA 200 ;

ADMI is above 23 level.

Sell

16 EMA cross down SMA 200 ;

ADMI is above 23 level.

Profit target 20-40 pips

Stop loss 20-30 pips.

Tips: Eagle trading system is good for intraday trading.

Eagle Trading System

Eagle Trading System

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Bands Volatility Scalping - forex trading times nz

Bands Volatility Scalping ~ forex trading times nz

Bands Volatility Scalping is a trend following strategy, the purpose of this system is find the trend after an explosion of volatility.

Time Frame

test 150-220 360 ticks (this strategy works best on time frames based on ticks);

1 min time frame.

Currency pairs:EUR/USD, GBP/USD

Sessions London and New York.

Indicators:

Bollinger Bands (12, 1, 1)

Envelopes ( 3 pèeriod, 1, deviation: 0.01);

I use these previous indicators for determine the new trend.

ADX (14) for examine the strength of new trend.

Long entry when the following signals take place: The candle is closed, and it price is above of the upper band of Bollinger bands and Envelope

ADX ( Average Directional Movement Index) line value is higher than 30 but lower than 50 which means that the trend is probably good.

D+ line is > D- line.

Exit long: when the current price is below of the Envelopes line or the middle line of the Bollinger Bands. Initial stop loss on the previous low swing. Set also trailing stop and an optional fast profit. target.

Short entry when the following signals take place: The candle is closed, and it price is below of the lower band of Bollinger bands and Envelope

ADX ( Average Directional Movement Index) line value is higher than 30 but lower than 50 which means that the trend is probably good.

D- line is > D+ line.

Exit short: when the current price is above of the Envelopes line or the middle line of the Bollinger Bands. Initial stop loss on the previous high swing. Set also trailing stop and an optional fast profit. target.

Bands Volatility Scalping

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Indecision Candlestick Pattern Doji - forex market hours sydney

Indecision Candlestick Pattern Doji ~ forex market hours sydney

Doji

Doji is one the most important candlesticks formations. This pattern implies indecision in the market place as buyers and sellers are exterting equal pressure on the markets. In addittion, this pattern shows that there has been a large trading range. But the price does not closeon an upside oe downside bias. A true doji formation has an horizontal line instead of a body, with a long wiks. There are numerous varieties of dojis, with some examples found in Pictures , but they all connote indecision on the part of the market. If the market ia a range trading the doji indicates a neutral market. If the market is a ralling, a doji is a signal that may be losing steam an the price may start to decline from here. If the market is declining, a doji is a signal that the decline may be ending and the market may start to decline from here. Therefore, a doji provides signals of potential market top or bottoms. Hower it is also important to compare the doji to recent price action. If there has been a series of near doji or small candles the doji formations is less significant. A doji formation is significat it is appears after a long green candle in an uptrend or a long red candle in a dow trend. A double doji shows that buyers and sellers are still in equilibrium, wich further indicates that a trend reversal is probably imminent.

Below example of Doji formations:

A simple doji candle, which displays amuted range and a close equal to the open.

A long-legged doji candle, which shows a wide-ranging day with both bulls and bears at a standstill by the end of the period.

Doji Candlestick Pattern Quiz

1.What is the structure of a doji pattern?

• Doji has an horizontal line instead of a body
• Doji has an horizontal line instead of a body, with a short wiks
• Doji has an horizontal line instead of a body, with a long wiks

2. What does the doji pattern?

• Decision in the market place: buyers are more that sellers
• Indecision in the market place: buyers and sellers are exterting equal pressure
• Decision in the market place: sellers are more that buyers

3.When Doji is less significant?

• If there has been a series of near doji and engulfing patterns
• If there has been a series of near doji or long candles
• If there has been a series of near doji or small candles

4. When Doji is more significant?

• Doji appears after a long green/red candle in an trend
• Doji appears before a long green/red candle in an trend
• Doji appears before a harami candle in an trend

Score =

Correct answers:

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1 minute trend momentum scalping strategy - forex trading hours gmt

1 minute trend momentum scalping strategy ~ forex trading hours gmt

1 minute trend momentum scalping strategy is a classic trading system for the trade on the forex market.

Time frame 1 min or 5 min.

Currency pairs (majors)

Trading session (London and New York) do not trades before economic news.
Setup chart with trading indicators:
1. 10 Exponentiation Moving average(EMA) (close) with Green colour
2. Bollinber bands with 20 Deviation 2 period,
3. ParabolicSAR step 0.019 and Max 0.08
4. MACD (12, 26, 9) with default settings
5. Relative strength index(RSI 14 period close with level 50)

Set up the chart and only try to trade the first three hours of any trading session. try it only to EURUSD pair as this strategy will work in better way .

Go Long
1.10 EMA crosses above middle of Bollinger Bands.
2. MACD > 0 zero line.
3. RSI is above> 50 level.
4. Use Parabolic SAR as only visual trend direction aid.(optional).

Go Short

1. 10 EMA crosses above middle of BB.

2. MACD is < 0 zero line.
3. RSI is below <50 level.
4. Use Parabolic SAR as only visual trend direction aid.(optional).
Initial Stop loss 15 pips. Profit target 6-9 pips. After 5 pips in gain move stop loss at breakeven.

        1 minute trend momentum scalping strategy

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Three shorts moving averages crossover - forex market hours europe

Three shorts moving averages crossover ~ forex market hours europe

Three shorts moving averages crossover is an trading systems based on fast exponentials  moving averages are simple and easy for make trading. 
Markets: Currency pair, Indicies. 
Time frame chart: 15 min chart, or higher.
Indicators: 9 EMA, 21 EMA, 50 EMA. 

Trading rules:
Buy
9 EMA goes above 21 EMA and 50 EMA.
Sell
9 EMA goes below 21 EMA and 50 EMA.

Exit position rules:
exit when 9 EMA crosses 21 EMA in opposite direction.
Make profit on the support or resistance line or pivot point.
Place initial stop loss on the previouis swing High/Low.
Advantages: it is simple to use, and it make interesting results in trending market or during big price breakouts .
 Disadvantages: during the sideways market  with little fluctuation of the price this strategy give many false signals.
Solution: find the market in trend following and apply this trading system and trades only in the direction of the trend.
Three shorts moving averages crossover is a classic trading strategy.

Three shorts moving averages crossover

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Forex Trading Strategy 135 - forex trading with etrade

Forex Trading Strategy 135 ~ forex trading with etrade

Review of the week 13-17 October on 9 pairs H1

A small week: +6.5% profit, only a good trade on cable (see trade of the week) and a small one on USD/CAD

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Why you need a budget - forex trader yang berjaya di malaysia

Why you need a budget ~ forex trader yang berjaya di malaysia

2 weeks have passed since the beginning of 2016. I was looking at my ducky challenge and a small sense of satisfaction came to me when i saw that this challenge was right on track. My wife and i have been putting our initials to the chart everyday when we drop a dollar into ducky.


I then started a casual conversation with my wife about my grand plans of saving and budgeting -
“Hey, did you realise how much we spent just this one afternoon? We should be keeping track of all our expenses so that we......”

“Track everything for what? Whats the point of making our life so difficult? Wanna buy everything also must think so much!”

I guess i should just stick to our ducky challenge for now.

Budgeting is Spending!

That night, i pondered upon this conversation for a while and was thinking, yes indeed, why spending must think so much? Can buy just buy right? I thought i am a happy go lucky person?

But then again, i realise this one point. Yes, we should not be thinking so much about everything in life. YOLO yah (you only live once). And thats the reason why we should budget first before spending. Budgeting is spending freely on the object of your desire without feeling regretful afterwards. Thats what my 6 jars to financial freedom is all about! After all, i do in fact have a play jar where i should empty it every month. 

With Chinese New Year just around the corner, it is absolutely crucial to have a budget to avoid overspending. Wish me luck on this though...its gonna be tough!

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When will petrol prices go down - forex trader yang berjaya

When will petrol prices go down ~ forex trader yang berjaya

When will petrol prices go down?

All the mainstream media has been reporting about how low the oil price is and the number of records this pricing has broken. People around the world are saying it is cheaper to buy

oil than to buy daily common items like pizzas and beers.

"Two large pizzas - cheaper than a barrel of oil. #?????— Ol Brandon (@BrandonLockhart) January 13, 2016To, inevitably, booze. A native Londoner writes:"

"WTI Crude now trading at $29.59 US a barrel, now cheaper than a pair of pants at @Target. #cdnpoli #oilprice pic.twitter.com/AC7nywuMPK
— CTV - Ian White (@CTVIanWhite) January 15, 2016"

A quick check on my forex account indicates that the current oil price to be around USD 29. However, who really cares how much a barrel of oil cost? The most important factor to the guy like me and on the streets is that petrol prices are not going down! Around the same time last year in 2015, a barrel was about USD 70, thats a drop of USD 40. But as compared to petrol prices, not much has changed!

On 13 Jan 2015, the price for 98 octane fuel range was at S$2.24 Shell V-Power (source: http://www.straitstimes.com/singapore/transport/pump-prices-slide-again-hitting-six-year-lows). One year later on the 19th Jan 2016 the price has dropped a staggering 2 cents or 13 cents base on Shells website (source: http://www.shell.com.sg/products-services/on-the-road/fuels/price-board.html  S$2.22 / S$2.109 before / after discount). 

On further research, i realise that the cause of this stagnant situation was due to a tax imposed on petrol prices during Budget 2015. (Source: http://www.todayonline.com/singapore/petrol-duty-rates-be-increased). And just like other taxes and charges imposed to reduce less cars on the road, we cant do anything about it, can we? Remember ERP? COE? So how? Either you switch to public transport or learn and remember to do some of the stuffs below; 

1) Plan your route before you set off. 

Almost everyone i know including myself is guilty of this. Singapore is a small country indeed and to get from point A to point B would probably not take more than an hour. However, without proper planning, we may get stuck in traffic jams. Large amount of petrol is wasted if you get stuck in a traffic jam or if you decide to set off during rush hour. 

2) Stop your engine if you are stationery for 10 minutes.

We should have all heard of this one before, and it makes perfect sense. If you are expecting to wait up to 10 minutes for someone, just switch off the engine. All that air conditioning and car entertainment is drinking up your petrol! But sometime i just wanna enjoy the better things in life.

3) Check your tyre pressures.

This is a simple procedure that take just a few minutes to complete. Different car type require different amount of tyre pressure and instructions can easily be found at the side of your car door. If your car is running on lower than required pressure, it simply means more energy is require to drive the car and more energy equals to more petrol. So make sure to check at least once a month if not more. 

4) Get rid of excess weight!

Like myself, the heavier i weigh, the more energy i require to move. I have friends who carry bowling balls and bowling bags weighing over 20 kg in their cars and for convenience sake, its in the car whether or not there is a bowling game later. Well, you pay the courier guy to send parcels or documents right? In this case, you are paying to deliver those bowling balls to nowhere...but the payment is with petrol.

5) Obey speed limits

It has been rumoured that you would not get caught by the traffic police until you exceed the road speed by by 20 km per hour. Meaning to say it should be ok to travel at 90 km/hr on a 70 km/hr road? In any case, the faster your car goes, the more thirsty it gets. So whether you manage to avoid Mr Traffic Police or arrive at your destination a cool 20 minutes earlier than every one else, you are again...paying it with petrol. 

If you actually reach this point of reading through my 5 points of petrol savings but feels they are either too bothersome or unnecessary to you, i suggest you better find ways to save on your other stuffs here. 

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Hammer candlestick pattern - forex market hours holidays

Hammer candlestick pattern ~ forex market hours holidays

 Hammer candlestick pattern has a small body at the top with a shadow on the bottom. The shadow is at least twice as long as the small body.

Criteria

1. Found at the bottom of a downtrend.

2. The color of the body is not important (however, a blue body is slightly more bullish than a red

body).

3. There should be no upper shadow or a very small upper shadow.

4. The longer the lower shadow the more powerful the reversal signal.

5. The following candle needs to confirm the Hammer signal with a strong bullish move.

Hammer candlestick pattern

Hammer candlestick pattern

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Morning Star candlestick pattern - best forex trading times gmt

Morning Star candlestick pattern ~ best forex trading times gmt

Morning Star candlestick pattern there are many variations of the Morning Star pattern.

Criteria

1. Usually consists of three candles at the bottom of a downtrend.

2. First candle is a red candle.

3. Second candle is an indecision candle. There can be 1, 2, 3, or even 4 indecision candles.

4. Third candle is a blue candle and should close at least half way up the first red candle.

5. The longer the red and blue candles the more forceful the reversal.

6. The more indecision of the indecision candle the better probability that a reversal will occur.

7. The further the third blue candle closes into the first red candle the stronger the reversal.

Morning Star candlestick pattern

Here are some variations of the morning star pattern:

Morning Star candlestick pattern

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Forex Trading Strategy 137 - forex trading xe

Forex Trading Strategy 137 ~ forex trading xe

Market Analysis of the 20th of October 2014 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1
Click on the Menu on "Market Analysis" for all the analysis.

The pairs had a first retrace last week but we have no sign of divergence between the price and the Ewave for most of them so it could be the a move of the a-b-c corrective wave 4 or we could get more trades in the direction of the main trend. Therefore the situation is not clear for H1-H4

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Third Candle Trading System - forex trading hours europe

Third Candle Trading System ~ forex trading hours europe

Third Candle trading system is very simple and profitable and you can apply this strategy also with Binary Options.

Time Frame 240 min or higher.

Markets: Forex, Index and commodities.

Indicator:

Exponential moving average 5 period, close. (optional)

Expiry time for binary options high/low 1 candle.

Pattern : two candle with close >open (buy), open<close (sell).

Buy

Find a candle formation above the moving average with open < close.

Place a buy order at opening of the third candle.

For a new setup of buy order wait a candle with open=close or open<close.

Place stop loss below the 2° candle.

Sell

Find a candle formation above the moving average with open > close.

Place a sell order at opening of the third candle.

For a new setup of buy order wait a candle with open=close or open>close.

Place stop loss above the second candle.

Profit target daily time frame 40- 60 pips dependes by currency pairs or markets.

Advantages: Little emotion and a profitability of between 55% and 65%.

Disadvantages the stop loss is almost always greater than the profit. But you can management the position, moved the stop loss at the breakeven after 30 pips in gains.

This trading system was created and posted by Joy22.

Add caption

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Stochastic Oscillator with trend line - forex market hours easter

Stochastic Oscillator with trend line ~ forex market hours easter

Stochastic oscillar with trend line is a trend momentum trading system. Time Frame any but  4H or daily recommended.
Markets: Currency pairs, Commodities and Indicies.
Indicators: Full Stochastic (14, 3,3, close).
Too:l trend line.
Trading rules Stochastic oscilllator with trend line
Draws on the chart trend line. (find chart in trend this is a basic condition). trades only in direction of the trend.
Buy
Oscillator stochastic reached oversold area below level 20 and after reached level 10 when exit from oversold zone and crosses upward 20 level you make a buy order.
Sell
Oscillator stochastic reached overbought area above level 80 reached 90 level  when exit from overbought zone and crosses downward 80 level put a sell order.
Advantages: With the trend line on the chart to eliminate many of false signals. This strategy is very simple for trading.
Disanvantages: The stochastic indicator can generate many false signals. Tracing a trend line requires experience. How to draw a trend line

Stochastic oscillator with trend line

Stochastic with trend line

How draw a trend line

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5 min Fx Trading - forex market hours indicator download

5 min Fx Trading ~ forex market hours indicator download

5 min Trading is a scalping strategy trend following. This is the main charting set-up we use.

Time frame 5 min with candlestick chart.

Set two Exponential moving averages:

10 EMA and 20 EMA.

When 10 Ema is above 20 EMA we say the market in buy trend.

When 10 Ema is below 20 EMA we say the market in Sell trend.

Set MACD (12, 26, 9),

Ad Pivot tool.

Buy

EMA 10 > EMA 20 (Buy Trend);

MACD going green and MACD signal goion up;

MACD line higher than MACD signal,

Green Candle > 1 pip body length

Must not touch the 10 EMA line and the lovest point of the candle must be at least 1 pip higher 10 EMA line

Candle must make a new high looking 3 candles back.

Sell

EMA 10 < EMA 20 (sell Trend);

MACD going red and MACD signal going down;

MACD line lower than MACD signal,

Red Candle >1 pip body length

Must not touch the 10 EMA line and the highest point of the candle must be at least 1 pip lower 10 EMA line

Candle must make a new low looking 3 candles back.

5 min trading

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