small retracement for small profit.

I believe GJ are possible to retrace at least 38.2 %. Frankly said its very dangerous to play inside retracement, because if you buy means you are against the trend,But im sure there is some breakout over there.

This is short term technical analysis. Why i buy?.. i buy because of fractal and a b pattern :) just that huhu.

Selamat Hari Raya

Hi morning all, i hope im not too late to wish Selamat Hari Raya Aidilfitri to all mulims in this world. Apologize for all my mistakes along we are together and gether seating in this arena. Well againts i fell this year is very fast year, i just thought yesterday is January huhuh otherwise we are in october month right now.

Ok ok lets talk about the market.

Recently all stock, index escpecially in US europe and asia melt like ice cream,bancruptcy of Lehman Brother, 700b bailout, interest rate cut, inflation increase bla bla bla.. why this thing happen?, why dow's fall above 1000 point very fast, many of private sector will not be able to facing this recession. But for forex trader maybe this is a good time to get back what you lost in the market, GBPYEN fall more than 2000 pip just in 2 week, fuck really awesome, market like didnt know what is tired,just move and move.

So what point i talk about this, i just want to remember all forex trader in this world can play in any situation of market.Because forex cant crash,not like stock.. from 12800 point market can fall until 5000 point and fall again until crash.. maybe below 10 point, logic or not ? my answer is yes logic,stock can crash. But forex not.

Buy when market going up,Sell when market going down, 2 profit in 2 ways. Another thing forex or currency is a leading indicator to the country. You can get a imagine what happen is US, what going on in UK and JPN. eh where is china ? ehehe i ever read one book printed by Mcgraw hill's , the author said its not a joke if China will lead world economic using YUAN,no more dollars or green back.

In my forecasting, US will collapse but dont know when, maybe in nearest month or year. Their federal will facing 1001 problem, Infalation,NFP,CPI,MFI,PMI huhu, how to resolve back :) its not crazy if word war 3 occurs else.

1929 Wall Street ever collapse what US do ? war right hehe.. but i dont want to speculate anything because i also love life in peace.

Surrender but no retreat.

GBPJPY retracement forecast.

GBPUSD channel bounce.

We might see Cable bounce from low today and could reach 38.2 ( 1.8856).
But overall trend still down. Quite danger to buy and fight the trend right now. I buy because im confident GU will pull back and Fundamental from USD supposedly weak this night.

Bounce for a while

For who are those ever read Japanese Candlestick Charting technique, im sure you will ever heared about this word. " the candle exhaust give

GBPJPY
So far so good , move as expected. If you follow my analysis in previous post im sure u will be rich.

GBPUSD
In this chart show a clear bullish divergence. In my opinion today is a good day for GBPUSD bounce as a retracement. But the whole trend still down. We are heading to 1.8550.

Thank you..

GBPYEN weekly

GBPYEN are this pair will slide into 208.

Here i updated GBPYEN 4 hour time frame. Price moving inside the channel. According to elliott wave we are currently in wave C down perhaps. It should be easier to going down.

4 hour fractal already broken. I expand the fibonacci and fibonacci said price will land below 209. Maybe 208 or 207.

Overall trend is down prefer sell signal. Be careful with retracement, because GJ has fall to much, anytime retracement can occur.

Only open the position when u get the signal from your trading system. For trend follower fractal is your special weapon . Use it wisely with proper money management. Thank you.

Now we are heading to south and will land at 208 area. Thank you

GBPJPY 1h. review

bullish pattern or bear pattern. Two possible movement , (i) , (ii) = (iii). a,b = C down.

frankly said, in my opinion GJ will going up until 215.00.

But since dollar was very strength recently because of turning point of oil price, anything can happen, demand on dollar was very high and its make impact for GBPJPY.

Correlation in GU if demand of dollar crossing the curve of supply and demand , GU will be bearish for a long way, but now its still in bear way. In UJ also is the same situation. So what is the answer for GJ. huhu well just follow the setup and your analysis.
thank you.

Seminar forex " let's dance with the market"

hi im now open my own class. Maximum pax just 3-4 person.
Venue at my house. Perdana Condo Damansara Perdana.

for those who are interesting to join my class please email me @ abagnale.even@gmail.com or call my hp 016 615 65 96.

Basic Course.

Who should attend ?

- Newbie in forex.

- Jobless.
- Want to make trading as a part time / side income.

fees RM 500.

Chapter One.

What is Forex ?
How Forex works?
5 level philosophy.
Broker and Trading Station ( platform )
Technical Analysis.
Fundamental Analysis.
Introduction to money management.

Chapter two.

Trend.
Correction.
Breakout trading.
Fundamental Sentiment. ( news ).
Introduction to Elliott Wave (preview).

Chapter three.

Sultan v1 trading system..
How to enter and exit the market.
Trading plan.
Money management.

Advance Course.

RM 700.

First Session.
Trading Using Elliott Wave principle.
Fibonacci and Elliott Wave.
Divergence.
Price action.
Support and resistance
Trendline.
Channel.
3 bar reversal.

We will give you.
Sultan pro trading system.

Second Session.
How to trade using Sultan pro.
Trading plan
Money Management.

Educator background.

Muhamad Yaqin Bin Mhd Nor.

Graduate from Multimedia University.

Have been 2 and half year in forex market.

Full time forex trader.

Elliott wave trader since he jump into forex market.

Ever organize the seminar at Kota Kinabalu ,Labuan and other small seminar around Kuala Lumpur.

Very friendly.

"Believe that market always 50:50, only the best trading methodolgy will beat the market. If i loss, it just apart of the game".

Class and Concept.

For this time i decide to organize the small seminar. Only 3 - 4 student maximum,so in this method i can give more concentration to our student. But the class is continuously every week.

Week 1 - Basic Course. ( weekend )

Week 2 - Advance Course. ( weekend )

Week 3 - Basic Course ( weekend )

Week 4 - Advance Course. ( weekend )

Just choose what course and what week you want.

Class Venue.

Perdana Condo block E 712.

Damansara Perdana.

Kuala Lumpur.

you are allow to request seminar preview before attend our seminar. Seminar preview free of charge.

Thank you for reading. Good Luck.

USDYEN 4 hour