Senin, 06 Agustus 2007

Simple Indicator

Salah satu indicator untuk mengetahui apakah sedang trend atau tidak .... i have found it quiet interesting to see 3 - 6 chart of pair in the same time regarding to 1 common currency.
example : (USD) ; G/U, E/U, A/U, U/J, U/CHF, U/CAD, or (JPY) ; G/J, E/J, U/J, AUD/J, or else like that it is very obvious and easy to see what is the current trend in driving. and for me it is explaining a lot wether fundamental news is affecting or not.
another example is like this : Before we decide to enter market, for instance EUR- JPY, and we analyze it will go for "long". we might want to take a look all the EUR pair, to make sure its currency are bulling. and take a look at all USD pair, to make sure it is bearing. if this is what happening at that moment ... it means you are 99,9 % clear to enter the market ... (0,1 % bad luck, crunchy lol).

sample on 6 pairs of JPY


also easy to decide what pair should we enter, because of the spread variety. example: when we think Yen is on a trend we have a choice between U/J, E/J, or G/J. and since the spread accordingly ; 3, 5, and 6 pips, perhaps we can choose U/J to enter the market for it's lowest spread with only a little difference in profit calculation. so ... what do you think ? but it is to bad we can only use metatrader platform to see many charts in one view.

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Regards,
Arief Trianto

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