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It is right that we have some degree of flexibility when we trade but after i scan it for couple hours, it seems that we still bound to time, I bet you cannot move NFP release time for example to 5 AM on GMT+8, of course there is something but maybe for technical traders which totally depend on technical indicators won't have higher degree of flexibility.

That is not the addiction but it seems like the realization about what forex is, i think in the deep mind of that trader they would start to think is this suitable for me? Worthy for time which i've been sacrificed so far? If someone leave forex because of it then forex is not worthy for them, but addiction is showing itself whenever someone is attached to forex so much even they cannot make any reasonable profit from it.

Gold price movements of the Asian session (05:00:35 GMT / 12.00) are flat after opening lower at 1323.45 in early trading (0000 GMT), XAUUSD rolling at 1323.40.The price of gold since the beginning of the Asian session much lower by profit-taking after earlier trading had gained by bargain hunting in the anticipation of additional data for Fed rate hikes that NFP data on Friday. The price of gold is very sensitive to Fed rate hike so that this sentiment will continue to haunt the price of gold. Technically XAUUSD down again to the range of 1317.30-1312.04, But if it is not until these ranges will rise to a range of 1327.80-1333.35. So the normal range XAUUSD pair today is expected to have the support level at 1305.77 and resistance level at 1338.62.

Crude oil futures prices rose in Asian trade on Tuesday as USD reduces its earlier gains, but doubts that producers will be able to approve a freeze of production continues to drag the price. US crude oil futures price of West Texas Intermediate (WTI) rose 19 cents, or 0.40 percent, to $ 47.17 per barrel, while the price of International benchmark Brent crude oil traded at $ 49.37 a barrel, up 11 cents, or 0.22 percent from its previous close. The US dollar retreated from a two-week day highs on Monday as investors looked ahead to this week's jobs data, as also stated Federal Reserve Vice Chairman Stanley Fischer that the jobs data will be crucial whether the US central bank to raise interest rates soon or not. A weakening US dollar makes oil purchases for countries with other currencies cheaper, potentially spurring demand for fuel. But fears of a successful outcome to the talks in September between members of the Organization of Petroleum Exporting Countries (OPEC) to suspend production continues to weigh on the market. Meanwhile, Nigerian rebels pledged to end hostilities against the oil and gas industry, which they repeatedly attacked earlier this year that reduces the OPEC member's production of 700,000 barrels per day to 1.56 million barrels per day. By those fundamental data the price of crude oil at the next trade may rise if the US dollar continue weakening. However there is potential for bearish sentiment that continues to threaten global glut of such worries and pessimism meeting of oil producer in Algeria. Prices are expected to penetrate resistance at $ 47.70, and if the price drops will penetrate support at $ 46.70.

The price of CPO in Malaysia observed commodity exchanges rose on Monday afternoon (29/08). CPO price hike this afternoon supported the weakening ringgit and rising crude oil prices Asian session. Observed Ringgit currency weakened against the US dollar. Couple USDMYR exchange rate rose 0.10 percent at 4.0493. The weakening ringgit makes the price of commodities traded in the currency has become relatively cheaper for overseas buyers so that demand is increasing. The increase in CPO prices also underpinned the rise in crude oil in the Asian trading session. Crude oil futures prices rose in Asian trade on Tuesday (30/08) as the US dollar reduces its earlier gains, but doubts that producers will be able to approve a freeze of production continues to drag the price. The contract price of November 2016 which is the most active contract rose as much as 23 ringgit, or 0.9 percent and traded at 2,540 ringgit per tonne. It could be argued that the price movement of CPO futures at the next trade potentially strengthened by the potential weakening ringgit. CPO futures contract prices on Malaysia commodity exchanges November 2016 has the potential to test the resistance level at 2,590 ringgit, while the level of support that will be tested if prices decline to 2,490 ringgit.

Tin's price on Malaysia bourse higher on Tuesday (30/08). The increase in the price of tin supported strengthening US exchanges and the Shanghai stock exchange. Stocks closed higher in late trading Tuesday morning, supported by rising personal data of US spending and personal income, as well as the positive performance of the financial sector and materials. Started trading of Chinese stocks on Tuesday (30/08), the Shanghai index opened positively, monitored rose by 3.55 points or 0.12 percent at 3073.58. Strengthening the Shanghai index triggered the strengthening of Wall Street and the currency Yuan. The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 18.850 dollars per ton, an increase of 150 dollars or 0.8 percent from its previous close at 18,700. It estimated that the price of TIn will be limited the potential to strengthen the potential of global exchanges and the strengthening of US dollar's weakness. Price will face the resistance level at position 19 050 dollars. But if there is a decrease, the price of tin will face a support level at 18,650.

Pound exchange rate movements of the Asian session is weakening against US dollar after opening lower at 1.31052 in early trading (0000 GMT), the pound exchange rate fell 0.2% and the value of the rolling is at 1.30888. Pound exchange rate is still moving end of the Asian session weaker enter the fourth straight day against US dollar under pressure after last week's rally. This afternoon the pound receives negative sentiment from the UK credit growth data release in July is expected to be lower than the previous period. It seems that GBPUSD dropped again to the range of 1.30562-1.30130, but if managed to achieve this range then the pair will go down to the range of 1.29953-1.29695. But if it failed then will rise back to 1.31371-1.31764. So the normal range of GBPUSD pair is estimated to have the support level at 1.29690 and the resistance level at 1.32250.

Euro exchange rate movements of the Asian session weakening against US dollar after opening lower at 1.1188 in early trading (0000 GMT), the Euro exchange rate is now rolling on the position of 1.11751. Euro exchange rate since the beginning of Asian session trading sentiment was hit by a Fed rate hike signals further this year continues, which has also received negative sentiment of the release of economic data to be released later this afternoon. Economic data released showed inflation data for Germany and Spain were less impressive than the previous period. Technically, EURUSD dropped continue to 1.11494-1.11207 range, and if it reaches this range then the pair will continue to fall nto the range between 1.11150-1.10855. But if it does not reach this range then the pair can move back up to the range of 1.12052-1.12290 and is today estimated to have the support level at 1.10968 and the resistance level at 1.12579.

Aussie exchange rate movements in the Asian session (03:50:35 GMT / 10:50 GMT) moving strongly against the US dollar, after opening lower at 0.75690 in early trading, the Aussie exchange rate rose 2 pips and roll values ​​are at 0 ,75712. Pair try to approach strong resistance range. AUDUSD on Asian session tried to rally with a positive energy building approval data releases which were very impressive with a surge compaction of contraction from the previous period data. But the momentum anticipation of Friday's US NFP data makes strengthening the exchange rate no longer despite conditions that crude oil prices have contributed to the positive sentiment strengthened. Technically AUDUSD will rise again to the range between 0.75902-0.76101, if it reaches that range then the pair may rise back into the range of 0.76437-0.76664. But if it does not reach this range then the pair fell back to the range of 0.75500-0.75372. So the normal range of AUDUSD is estimated to have the support level at 0.74759 and the resistance level at 0.76430.

USDJPY pair movement in the Asian session (02:50:35 GMT) moved positively after opening lower at 101.91 in early trading. USDJPY this morning approaching the strong resistance range. The Japanese yen had strengthened in early Asian session trading respond to economic data released showed positive data such as the data rate of unemployment, the level of retail sales and household spending data is Japan in July . But now corrected again by the market optimistic NFP data this weekend, so the yen weak back and tried to make a strong rebound USDJPY pair. Technically USDJPY will rise steadily to around 102.35-102.55, but if it does not reach the range then the pair will move back down to the range of 101.58-101.21. so the analyst suggests that the normal range on the USDJPY pair today estimated to have the support level at 100.82 and the resistance level at 102.84.

Ending the forex trading early in the week a few days ago (30/8) US dollar did not succeed dominate all world currencies, which is much weaker against major rivals such as the euro, yen, Australian dollar and Franc Swiss. Hawkish statement from Fed officials last weekend was unable to make further dollar rally, as well as positive economic data overnight. Market participants reconsider Janet Yellen's comments last week in which the rate hike could happen next month or next month, and alarming NFP report this week may postpone it back. The positive sentiment overnight came from the positive economic data released as the level of personal income and spending US citizens rose in line with economists forecast in July. The Commerce Department reported personal income levels rose 0.4 percent in July after rising 0.3 percent in June. Likewise, the level of personal spending rose 0.3 percent in July following jar a 0.5 percent increase in June. For the movement of the dollar today can receive fresh air daily if the fundamental driving force rivals fit that predicted that showed negative data. Because the American session the existing fundamental data can give negative sentiment for the rate at the beginning of the Asian session this morning. Tonigh consumer sentiment data will release based on a CB Survey. The dollar index, which measures the strength of the US dollar against six major currencies trading after a strong move early trade on Asian session opened strong at 95.55 and the position this morning to move the position of 95.63. Previous trading the dollar fell slightly and almost flat.

Movement pounds in the forex market last week had a strong move in early trading and ended weak momentum over the weekend by US dollar strength after the US Federal Reserve through Janet Yellen and Stanley Fischer optimistic Fed rate hike will be continued this year. But on a weekly basis just to pound exchange rate rose while the euro weakened. Strengthening pound weekly gain since the beginning of the last week's trading is quite high by positive sentiment on the UK economic data in recent weeks shows that economists expected worse after Brexit. Economic data were key to note that on this day in August PMI manufacturing data for England and UK PMI construction data for driving pounds. While the pound was seen last week rose to 1.31320 against dollar but GBPUSD pair for this week is expected among the support level at 1.29937 and then 1.28522, while resistance at 1.33527 and 1.35329.

European exchange rate movements in the area such as the euro weakened stir at the weekend by the momentum of US dollar after the US Federal Reserve through Janet Yellen and Stanley Fischer optimistic Fed rate hike will be continued this year. unlike the GBP, the euro does not have enough fundamental strength to Follow GBP. Economic data were key to note that on this day is August PMI manufacturing data for the euro area. Also this week there are some Euro area economic data that does not significantly affect the exchange rate movements of the euro as the country's unemployment rate data of the Euro area and the data flash estimates Euro area annual inflation rate. Technically, the euro last week the dollar fell to around level 1.11940 and this week appears EURUSD pair will be among the support level at 1.11403 and 1.10445 while resistance at 1.13088 and then 1.14300.

In late trading the weekend early Saturday (27/08), Rotterdam coal price rises pushed higher crude oil prices. Crude oil prices rose in late trading ended the weekend early Saturday, after comments from Fed Chairman Janet Yellen and report missile activities in Saudi Arabia. At the end of the trading price of coal Rotterdam futures contract for September 2016 in the position of 59.75 dollars per ton. Commodity prices strengthened by 0.80 dollars or equivalent to 1.36 percent compared to the previous closing. Rotterdam weekly basis is still weak coal prices largely depressed weakening crude oil prices and the strengthening US dollar. It is estimated that the price movement of coal futures Rotterdam at the next trade will weaken with the potential strengthening of US dollar after Fed official statement reinforces expectations of US rate hike. The price of coal futures potentially test support level at 59.25 and 58.75 or may even lower. While the level of resistance to be tested if the price increase is exactly at 60.25.

The price of CPO in Malaysia observed commodity exchanges rose on Monday afternoon (29/08). CPO price hike this afternoon supported the weakening ringgit against the US dollar. Observed Ringgit currency weakened against the US dollar. USDMYR exchange rate rose 0.50 percent at 4.0370. The weakening ringgit makes the price of commodities traded in the currency has become relatively cheaper for overseas buyers so that demand is increasing.CPO price most active contract on the commodity exchanges Malaysia today seems to have increased. The contract price of November 2016 which is the most active contract rose as much as 8 ringgit or 0.3 percent and traded at 2,560 ringgit per tonne. It estimates that the price movement of CPO futures at the next trade potentially strengthened by the potential weakening Ringgit depressed dollar weakness after hawkish Fed official statement confirming expectations of US rate hike. CPO futures contract prices on commodity exchanges for November 2016 Malaysia has the potential to test resistance at 2,610 ringgit. While the support level will be tested if prices decline to 2,510 ringgit.

Gold prices fell in late trading weekend early Saturday after the official statement of the US Federal Reserve raised US dollars. Spot gold prices ended down 0.7 percent at $ 1,320.22 an ounce, after earlier rising 1.5 percent to $ 1,341.60. While the price of US gold futures for December delivery fell 0.1 percent at $ 1,323.30. US Federal Reserve Vice Chairman Stanley Fischer told CNBC on Friday a decision on whether to raise interest rates have to look forward, not back, and the next jobs report will be examined to determine the US rate hike.Earlier, gold extended gains above 1 percent on Friday, breaking a five-day streak lower after US Federal Reserve Chairman Janet Yellen said the opportunity to raise US interest rates have risen, although the increase should be gradual. Yellen showed improvement in the US labor market and expectations for moderate economic growth, reinforcing the view that such a move could come later this year. However, Yellen did not provide a clear direction as to what the Fed needs to do to raise interest rates. Analyst estimates that gold prices will potentially still weak with the strengthening US dollar. Gold prices are forecast to exceed the range of $ 1,318- $ 1.316 which as as first and second support, and if the price rises will penetrate the range of $ 1,322- $ 1.324 which act as today's resistances.

Crude oil prices rose in late trading ended the weekend early Saturday, after comments from Fed Chairman Janet Yellen and report missile activities in Saudi Arabia. US crude oil futures prices were at $ 47.60 per barrel, up 27 cents, or 0.55 percent. While the price of Brent crude oil futures for October was up 0.44 percent at $ 49.89 per barrel. The global market is reacting to Yellen's speech in Jackson Hole, Wyoming, as his remarks initially caused a big rally in the dollar, which led to the oil slipped. But then, the dollar reduces the profits, with the dollar index fell as much as 0.5 percent. Reduced profit occurred because Yellen gave no indication of a US rate hike certainty. Oil prices touched a day after a report from Yemen missile hit Saudi Arabia's oil facilities, traders said. Saudi state television reported that a projectile fired from Yemen hit electric facilities relay in Najran, in the southern part of Saudi Arabia. The estimation is that the price of crude oil at the next trade potential still weak with the potential strengthening of the US dollar after Yellen's speech. Prices are expected to penetrate the Support range between $ 47.10 - $ 46.60, and if the price rises will penetrate Resistance range between $ 48.10 - $ 48.60.

The price of Tin in Malaysia Stock Exchange stabilized in early trading week on Monday (29/08). Stable prices with investors still digesting the statement of US Federal Reserve Chairman Janet Yellen and Federal Reserve Vice Chairman Stanley Fischer related to rising US interest rates. The opportunity to rise US interest rates have risen in recent months due to the improvement in the labor market and expectations for moderate economic growth, Federal Reserve Chairman Janet Yellen said on Friday (26/08). But Yellen did not indicate when the US central bank will raise interest rates, but his comments reinforced the view that such a move could come later this year. The Fed has a scheduled policy meeting in September, November and December. The industrial metals prices traded at 18.700 dollars per ton, the same as the previous closing on weekends at 18.700. Price will face the level of support at 18,300 dollars. But if there is an increase, the price of tin will face resistance level at 18,900 dollars.

Aussie exchange rate movements throughout the trading forex market last week fell back on a weekly basis continue weakening the previous week. The weak Australian dollar last week influenced more dominant force momentum dollars after US Federal Reserve through Janet Yellen and Stanley Fischer optimistic Fed rate hikes continued to be carried out this year. In addition to strengthening US dollar sentiment, weakening of the Australian dollar last week also affected by weak commodity prices responds to falling prices of crude oil last week which is not significant enough. But last week a little aussie received a positive sentiment of the statement the RBA governor would not cut rates again until the end of the year. For the movement of ustralian dollar this week there are fundamental data is quite important and exhibited significantly from both domestic as well as from the country of China as a trading partner magnitude. Some data important to note as Building Approvals, Chinese Manufacturing PMI, Private Capital Expenditure, Retail Sales. All of the data is expected to show positive data unless the data Caixin Chinese Manufacturing PMI and Commodity Prices putting pressure. Technically, last week observed to weaken to around level 0.7560. Range this week will be among the support level at 0.7487 and 0.7411, while resistance levels at 0.7685 and 0.7752.

Japanese yen exchange rate movements throughout the trading forex market last week after a fourth weekly retreat in a natural consecutive week rally. Weak yen this week is predominantly influenced momentum US dollar strength after the US Federal Reserve through Janet Yellen and Stanley Fischer optimistic Fed rate hikes continued to be carried out this year. In addition to strengthening US dollar sentiment, the yen weakened last week was influenced by the Japanese consumer price index data is still negative, aka deflation. This data that triggered the first drop in the value of the yen against the US dollar and some of its main rivals such as the euro and sterling. For the movement of the yen this week there are important fundamental data and exhibited significantly affect. However, it should be noted also some economic data to be released this week as Household Spending, Preliminary Industrial Production, Housing Starts, Capital Spending, Final Manufacturing PMI and Consumer Confidence. All of the data is expected to show positive data unless the data Retail Sales which is putting pressure. Technically, last week ended higher to level 101.82 The market this week will be among the resistance level at 102.59 and 103.56, as well as support at 99.65 and the 98.87.

The forex market last week was won by US dollar towards the end of trading after a week since the beginning of the pressure experienced by market pessimism would be a strong signal of Fed rate hikes. US Dollar surged higher after the Federal Reserve weekend with Janet Yellen and Stanley Fischer optimistic Fed rate hikes continued to be carried out. For the movement of the dollar this week will be influenced by a number of important fundamental data such as the US CB Consumer Confidence Data, Canadian GDP data, the US ISM Manufacturing PMI, ADP Employment Change and Non Farm Data last Payrol for the period of August. This important data from many economists forecast will show negative data from the previous period. In addition to a prime mover of fundamental data there are also some data that helps the movement of the dollar like US Core PCE, US Personal Spending, US Pending Home Sales, US Crude Inventories, US Unempolyment Claims and Unemployment Rate. Last week in the forex market, the dollar rebound seen on a weekly basis which was lifted by trading the weekend when the Fed gives a strong signal for further Fed rate hikes this year. Weekly US dollar index was observed to rise to a level of 95 470.

Same here i don't trade news everyday, and i would be a fool if i try to do that. The risk for doing something like that is potentially high compared to people who prefer to do scalping. In my own opinion, trading everyday as fundamental traders are bad thing to do, i do recommend however to keep the quality of your trading by become selective when choose a news.

New is very much important for us fundamental type traders, we use news as our base to analyze the market, sometimes issue could include into our own list. The other importance of news in forex trading is that news will give us more material to know about the market movement, and that is pretty much good considering that market or players to be exact moved by news around 90%.

But that is the concept is right and i want to tell it to you, it is irrelevant whether he is stock man not a forex man. Emotions is bad but not evil, it is humane. I know that involved emotions in foreign exchange trading is bad so this is why i control or trying to control it so it don't have to be mixed and let me tell you no one can eliminate their emotions unless they achieve enlightenment.

Yes, couldn't argue more about that. First of all we need to know that psychology of forex trading is actually nearly the same just like the general psychology, also it is truly affected the way of us to see the market. Market sometimes react based on fundamental issue, but sometimes you see the market works differently, i mean when fundamental issue/indicator is relatively good, the market is moving to the other way which sometimes makes me confused, and this is i know that psychological of most of the market participants really affected the market itself.