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Profit taking market against US dollar which has reached the highest position throughout the year continued into the European trading session the second day this week (15/11). US Dollar which previously held high sentiment supported by market optimism will reign Donald Trump, was also trimmed by the strong catalyst activator of some of its main rivals. As against the euro on European session of the few economic data releases either already reported or not mostly showed positive data over the previous period. It made the euro rebound strength increase after six consecutive distressed hair. On America's trading session later is expected to receive some of the positive sentiment from US economic data were released as retail sales data, New York manufacturing data and import prices. All of these data indicated that the data show the positive and can help restore the strength of the US dollar trimmed since the Asian session. The dollar index, which measures the strength of the US dollar against six major currencies opened weaker trading at the position of 100.01 , and now the index is keep moving at around 99.63.

Euro rebounded on early Asia session which that condition has been maintained up to the early of EU session after a strong hit for six consecutive days before. EURUSD pair is getting stronger by the strong positive sentiment bolstered the euro exchange rate. The positive sentiment came from the many economic data releases were increased from the previous period. After the European trading session opened, Some economic data released such as the Euro area stable inflation data Italian, French, Euro Q3 GDP flash data, the ZEW sentiment data for Germany and the region. The most robust data EURUSD sustain that economic sentiment data according to the ZEW survey for Germany and the euro area exhibited significantly increased the score. Euro exchange rate movements on this session seems strengthened against the US dollar, after this pair openeed higher than the previous trading at 1.0737 in early Asian trade (0000 GMT), naturally it seems that EUR gains around 46 pips and is now rolling at 1.0783. For the next trade until the close of trading ending the American session tomorrow morning, analyst viewed as technically EURUSD pair is down to the range between 1.0723 - 1.0694. But if there is a correction again in the evening session, the pair may rise towards the range between 1.0825-1.0879.

Find the right time and right cost when you open a position, usually in NDD they offer most of the time lower spread but not in all cases for example when the news released that is a time when people find the cost is higher. So i think that is what i could give, with that people will be able to trade with less cost and easier to reach profit.

@sidejob So do i, love simple strategy which doesn't add much complex things. I mean simple strategy is easier to learn with just some rules that you need to remember and a bit familiarization you will be able to understand that most. I also think that traders should know that simple strategy doesn't mean profits, it is just all about understanding.

@obieze The psychology limit of foreign exchange for each forex traders are different, i mean for me i can trade without much emotions involved for example but there are some people who trade with their emotions involved thus affected the way they judge their current position and also other information they had to take a decision.

Euro exchange rate movements on Asian session (04:00:15 GMT / 11.00 am) is moving up against the US dollar after opening higher at 1.0894 in early trading (0000 GMT), and the Euro exchange rate is now rolling on the position of 1.0908. Euro in the Asian session managed to rebound from a position of weakness fourth consecutive day by sepinya catalyst driving the US dollar throughout the holiday exchange trading American and some European markets. In the European session there are economic data that could cut the strengthening euro. Technically, EURUSD is moving up to around 1.0900 - 1.0938, but if this pair still cannot able to reach that range then this pair may fall down towards the range of 1.0864-1.0807. And EURUSD pair is estimated to have the support level at 1.0753 and the resistance level at 1.1017

The movement of USDJPY pair on Asian session (04:40:35 GMT / 11:40 pm) is sluggish after opening lower at 106.82 in early trading (0000 GMT), and now the pair is at 106.45. Japanese Yen on Asian session rebounded by the collapse in bond yields is very large region so as to make the market concerned and the hunt for a safe haven. Besides the US dollar also retreat from the highest peaks 9 trading days. The yen's strength to ignore the negative sentiment on the economic data released data. Technically, the USDJPY is moving down towards 106.10-105.44. But if it is not until these ranges, the pair may rise to a range of 106.98-107.65. So USDJPY pair is estimated to have the support level at 103.80 and the resistance level at 109.73.

,132 Crude oil prices fell in trading Friday (11/11), as the market refocused on excess fuel supply will not abate unless OPEC and other producers to make significant production cuts. West Texas Intermediate (WTI) traded at $ 44.56 a barrel, down 10 cents, or 0.22 per cent, with a stronger US dollar also weighed on prices. International benchmark price of Brent crude fell 7 cents, or 0.15 percent, at $ 45.77 per barrel. Traders said that the oversupply of sustainable production for more than two years was weighing on the market. "Crude oil prices fell because the focus back to growth in supply. IEA suggest prices can not retreat in the middle unless OPEC supply growth makes a significant supply cuts, "said ANZ Bank on Friday. Oversupply could continue into the third year in 2017 without a production cut from the Organization of Petroleum Exporting Countries (OPEC), while increasing the production of other exporters could cause endless supply growth, the International Energy Agency said on Thursday. In its monthly oil market report, the group said global supplies rose 800,000 barrels per day (bpd) in October to 97.8 million barrels per day, led by a record OPEC production and rising production from non-OPEC members such as Russia, Brazil, Canada and Kazakhstan. IEA projected demand growth for 2016 at 1.2 million barrels per day and estimated consumption increased at the same pace next year, gradually slowing from a five-year peak of 1.8 million barrels per day in 2015. Analyst estimates that crude oil prices could potentially weakened by fears of oversupply and the strengthening US dollar. But will also look at the development plan of OPEC production cuts, which if it appears optimistic sentiment will raise the price and vice versa. The price is expected to move within the range Support $ 44.00 - $ 43.50.

The positive sentiment that support the British pound rally continued into the European session the weekend (11/11) grew stronger after the UK Office for National Statistics (ONS) announced the construction project data United Kingdom period in September. GBPUSD is moving positively previous trading rose to its highest level since October 6, 2016 trading. ONS UK construction project report in September increased from the previous month period, as seen from the index of construction output climbed to 0.3% after a contraction at -1.1%. Pound exchange rate movements is still strong against the US dollar, after opening lower at 1.2556 in early trading Asian session For the next trade until the close of trading ending the American session tomorrow morning, analyst estimates GBPUSD pair will continue to rise to the range 1.2692 - 1.2774. But if there is a correction again, going down towards the 1.2507-1.2441 range.

Gold price movements on the Asian session (04:20:35 GMT / 11:20 GMT) after a strong move opened higher at 1259.05 in early trading (0000 GMT), now the price of gold is still rolling at 1260.75. Gold prices tried to rebound on Asian session after earlier trading pressured the strengthening US dollar. American Stock Exchange today a holiday and make the movement of the US dollar decreased the lift gold back, and supported by a weaker Asian equity markets. Technically, Gold's price rose steadily towards 1268.30-1275.35 range. But if it is failed then i think Gold will fall back towards the range 1248.25-1244.97. So the normal range XAUUSD pair today is expected to have the support level at 1240.61 and resistance level at 1287.05.

US dollar was scored daily gains during this week got the wedge to further Rally at the end of trading this week (11/11). Because since the beginning of the Asian trading session the dollar came under pressure despite selling just received a steady expectations of Donald Trump's election as US president. Trump believes the market is able to lift the US economy with the support of the Fed rate hike. Dollar get support from rising US government bond yields to respond to market confidence in the leadership of the next Trump supports increased investment into the country. The US dollar tumbled badly when counting US Presidential election won by the candidate of the Republican party. Against its main rival, the only US dollar weakened against the Yen, Swiss franc and sterling only. Other rivals hit sentiment weakened leadership expectations depress investment Donald Trump Asia and Europe. In US session the US dollar is expected to be strong again that receive such positive sentiment bebeberapa release UoM consumer sentiment data and a speech Fed officials Stanley Fischer. Speech Fed officials are expected to give a hawkish comment and give a strong signal for a Fed rate hike. The dollar index, which measures the strength of the US dollar against six major currencies trading opened weak at 98.76 positions, and the European trading session the index in the range of 98.69.

The price of sugar futures on the commodity exchange ICE Futures US in New York early on Friday (11/11) ends slump depressed the strengthening US dollar. Trump expectations that policy will increase spending and inflation helped US Treasury yields rose to the highest level in more than 10 months. A stronger dollar makes dollar-denominated commodities sugar becomes more expensive in other currencies, so the demand decreases where the price of sugar futures for the most active contract is a contract in March 2017 observed declined by 2.08 percent at 21.65 cents per pound. Tonight will be released economic data Michigan Consumer Sentiment November indicated increases. If realized, it will strengthen the US dollar. Raw sugar futures in New York at the next trade will weaken limited to the potential strengthening of the US dollar. The price even has the the chance to test suport level at 21.15 cents and 20.65 cents.

Tocom rubber price in trading on Friday afternoon (11/11) finished up. Prices of natural rubber futures for the most active contract, namely April 2017 rose compelled strengthening of the Tokyo stock exchange. Japan's Nikkei index rose to a peak of nine months in trade on Friday which supported the positive performance of the financial sector triggered by higher yields on Japan, and after US stocks rose on hopes that President-elect Donald Trump policy to boost growth. Natural rubber prices in Tocom for the most active contract is for the contract April 2017 this afternoon finished up by 6.9 yen or 3.5 percent at 205.50 yen per kilogram, an increase compared to the previous closing at 198.60 yen per kilogram. Tocom rubber price movement at the next trade potentially strengthened by the rise in Japanese stocks. Prices are expected to meet resistance at 210.50 yen. No further resistance at 215.50 yen. Meanwhile if the price drops will find support at 200.50 yen and 195.50 yen.

The price of tin on Malaysia Stock Exchange fell in trading Friday (11/11). Falling prices depressed the strengthening US dollar. US Dollar rose significantly against a basket of major currencies, touched its highest level in more than two weeks and hovering just below a level last seen in early February. Trump expectations that policy will increase spending and inflation helped US Treasury yields rose to the highest level in more than 10 months. The yield on the benchmark 10-year and 30-year-old has the biggest daily rise on an annual basis on Wednesday and added gains on Thursday ahead of the 30-year bond auction. Strengthening of the US dollar makes commodities traded tin denominated in US dollars to be expensive, so demand decreases. The price of tin declined today and traded at 21,600 dollars per ton, down $ 100 dollars. Analyst estimates that Malaysian tin price movements at the next trade potentially weak with the strengthening US dollar. Price will face support at 21,400 dollars and 21,200 dollars. But if there is an increase, the price of tin will face resistance level at 21,800 dollars and 22,000 dollars.

At the end of trading Friday morning (11/11), Rotterdam ended weaker coal prices depressed crude oil prices tumbled. Crude oil prices slipped in late trade on Friday morning (11/11) with investors again focused on fears of oversupply and doubt whether OPEC can run plan production cuts late November. With the weakening of crude oil prices, the price of coal Rotterdam most active futures contract is a contract in December 2016 sank towards 89,90 dollars per ton. Commodity prices decreased by 0.25 dollars or equivalent to -0.28 percent compared to the previous closing. Tonight will be released economic data Michigan Consumer Sentiment November indicated increases. If realized, it will strengthen the US dollar. Analyst estimates that coal futures price movements Rotterdam at the next trade potentially weak with the strengthening US dollar. The price of coal futures potentially test support level at 89.40 dollars and 88.90 dollars. While the level of resistance to be tested if the price increase is in the position of 90.40 dollars and 90.90 dollars.

Cocoa futures in late trade on Friday morning (11/11) closed weak. The weakening of cocoa prices triggered the strengthening US dollar. The US Dollar rose significantly against a basket of major currencies, touched its highest level in more than two weeks and hovering just below a level last seen in early February. A stronger dollar makes dollar-based commodities cocoa have become more expensive in other currencies, so the demand decreases. At the end of trading early this morning the price of cocoa futures contracts in March 2017 which is the most active contract was observed to be closed down. Commodity prices closed down by 0.41 percent at 2,441 dollars per ton. Analyst estimates that the price of cocoa futures for the next trade will move in a limited tendency to weaken the potential strengthening of the US dollar. This commodity may penetrate the support level at 2.390 dollar . If the Support level is successfully penetrated the next level is 2,340 dollars.

Arabica coffee futures on ICE tumbled in late trading Friday morning (11/11), after the contract reached above average technical, prompting speculators to take profits. Traders withdrew from the market a few days ago over concerns about the risks of the results of the US presidential election might bring to market. Coffee has become the new preferred bet between the managers of hedge funds and other money managers. On Tuesday, the bearish bullish bets in proportion with the highest margin so far this year - at 56 863 contracts - and betting by speculators in the market are also at their highest this year, according to data from the US Commodity Futures Trading Commission. Arabica coffee futures prices at the close of trading early this morning plummeted. This commodity dropped by 4.85 percent and closed at 1.6185 dollars per pound. The price of arabica coffee futures for the next trade potentially weak if the US dollar rose. Arrabica coffee futures on ICE Futures has the potential to test support at 1.5900 dollars and 1.5600 dollars. While the level of resistance that will be encountered if there was a strengthening is at 1.6500 dollars and 1.6800 dollars.

The price of CPO on Friday afternoon (11/11) observed soaring. The high rise in CPO prices have encouraged the rise during the third quarter economic growth in Malaysia. Malaysia's economic growth beat forecasts third-quarter supported the increase in private consumption growth, overcoming weak government spending. Gross domestic product rose 4.3 percent last quarter from a year earlier, after rising 4 percent in the previous three months, according to Bank Negara Malaysia said in Kuala Lumpur on Friday (11/11). CPO price most active contract on the commodity exchanges Malaysia today seems to experience a surge. The contract price in January 2017 which is the most active contract jumped by about 106 ringgit or 3.7 percent and traded at 3,000 ringgit per tonne. CPO futures at the next trade will increase with the growth of the Malaysian economy third quarter. It has the potential to test the resistance level at 3,050 ringgit positions and 3,100 ringgit. While the level of support that will be tested if there is a decline at 2,950 ringgit and 2,000 ringgit.

At the beginning of the Asian session forex trading Australian dollar exchange rate could move rebound pressure of 2 consecutive days who received positive sentiment from rising commodity prices which featured Australian iron ore and coal. But in the middle of the European trading session the weekend (11/11) responded weaken a resurgent US dollar weaker in the Asian session. In addition to the strengthening of the US dollar, the Australian dollar this afternoon pressured by a continued decline in crude oil prices are depressed by fears the market will be the implementation of the policy of OPEC cut crude production member states later this month. For subsequent trade to the American trading session this evening, analyst estimates AUDUSD pair further down to the support range of 0.7553-0.7533. But if there is a correction, then this pair may rise back towards the resistance range between 0.7635-0.7689.

USDJPY pair movement based on Asian trading session (03:35:27 GMT) moves weaker after the price of this pair opened higher at 105.65 in early trading (0000 GMT), and now the pair is in the position of 105.48. Japanese yen exchange rate based on Asia's session trading is trying to keep the pace of the rebound that formed in early trading as US dollars to respond to weak fundamentals. But the yen's strength is limited by several economic data releases which were less impressive as factory machinery orders data and the data on investment in the Japanese financial markets. Technically USDJPY was moderate rise towards the range of 106.04-106.60, and if the pair breaks this range will be continued rise to around 106.76. But if it is failed, pair has the potential to go down again towards the range of between 104.86-102.50. So USDJPY pair is estimated to have the support level at 101.27 and the resistance level at 107.53.

Tocom rubber prices on Thursday afternoon (10/11) ends soared. Prices of natural rubber futures for the most active contract, namely March 2017 rose surge pushed the Tokyo stock exchange. The Nikkei index at the Tokyo Stock Exchange moves surged in afternoon trading, jumped nearly 7 percent after investors digested the election of Donald Trump as president. Natural rubber prices in Tocom for the most active contract, namely April 2017 increased by 10.3 yen or 5.5 percent at 198.60 yen per kilogram, an increase compared to the previous closing at 188.30 yen per kilogram. Tocom rubber price movement at the next trade potentially strengthened by the rise in Japanese stocks and crude oil prices. Prices are expected to meet the resistance level at 204.00 yen. No further resistance at 209.00 yen. Meanwhile if the price drops will find support at 194.00 yen and 189.00 yen.

The price of Tin in Malaysia bourse stabilized on Thursday (10/11). The stable price after the Republican candidate Donald Trump won the US Presidential election. But the victory Trump beyond market expectations triggered cautious investors look at economic programs that will run Trump to strengthen the US economy. The industrial metals prices traded at 21,700 dollars per ton, the same as the previous closing on weekends at 21,700. Analyst estimates that Tin price movements at the next trade potential with the potential for strengthening weak US dollar. Price will face support level at 21,500 dollars and 21,300 dollars. But if there is an increase, the price of tin will face resistance level at 21,900 dollars and 22,100 dollars.

The price of CPO in Malaysia commodity exchanges in trading Thursday afternoon (09/11) was observed to fall. A weaker CPO prices this afternoon triggered increased production in Malaysia. Malaysian palm oil stocks rose 1.79% in October to 1.57 million tons from the previous month, according to the release of Malaysian Palm Oil Board (MPOB) said Thursday today. CPO price most active contract on the commodity exchanges Malaysia today seems weakening contract price in January 2017 which is the most active contract ringgit depreciated by 1.0 percent and traded at 2,816 ringgit per tonne. Analyst estimates that the price movement of CPO futures at the next trade will fall hampered by an increase in inventories. It will also pay attention to the movement of crude oil prices, which if it continues to weaken will push the price of CPO. Price movements can also be affected by currency movements Ringgit and the global supply and demand conditions where CPO futures contract prices has the potential to test the support level at 2,770 ringgit and 2,720 ringgit.

At the end of trading on Thursday morning (10/11), Rotterdam coal price rise pushed by the increase of crude oil prices. Crude oil prices closed up at the end of trading on Thursday morning (10/11), after the US financial markets bounced back after slipping Donald Trump following the surprise victory in the US presidential election. At the end of the trading price of coal Rotterdam futures contract for December 2016 is at 90.15 dollars per ton. Commodity prices strengthened by 2.95 dollars or equivalent to 3.38 percent compared to the previous closing. Analyst estimates that coal futures price movements Rotterdam at the next trade will weaken the strengthening US dollar pressured by worries eased after the election of Donald Trump as president. It potentially test support level at 89.60 dollars and 89.10 dollars. While resistance to be tested if the price increase is at 90.60 dollars and 91.10 dollars.

The price of arabica coffee futures on ICE Futures exchange at the close of New York trading Thursday morning (10/11) finished up. Arabica coffee price increase after the Republican candidate Donald Trump won the US Presidential election. Sugar, cocoa and other commodities in soft commodities continue to trade on fundamentals Wednesday following the US presidential victory by Donald Trump that surprised most market. Arabica coffee futures prices for the most active contract in December 2016 closed up at 1.7010 dollar, rose about 1.55 percent. Analyst estimates that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade potentially weak with the strengthening US dollar. There is a potential to test support level at 1.6700 dollars and 1.6400 dollars.