Rocky Master
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Rocky Master posted blog posts
Wednesday
Rocky Master posted a blog post

Preliminary GDP (USD): What you need to know!

GDP is a change in the value of Goods and Services produced in a particular year, that tends to measure the overall economic health which indicates the idea about how much the country has developed over a period. The figure released before this one is the Advanced release which has the most impact however; the preliminary also has an impact as well and normally reported in annualized figure.The previous result for the quarter was 4.2% in comparison to a forecast of 3.9% however; the recent…See More
Tuesday
Rocky Master posted a blog post

Core CPI (USD): What you need to know!

Core CPI is one of the key indicator for Fundamental analysis of Forex trading, as it measures the change in the value of goods and services purchased by the consumer over time. Moreover; its a leading indicator for assessing the rise in inflation, which could potentially affect the overall economic activity especially consumption and export. The change in inflation level could intrigue the central bank to raise the interest rate in order to combat any of its negative effect on the economy's…See More
Nov 20
Rocky Master posted a blog post

Building Permits (USD): What you need to know!

Building permits are also one of the key indicators for assessing the economic health of a country, as its a first step towards the start of Construction activity in US. The indicator measure the number of permits issued during the month in order to give an idea about the number of construction activities that would arise in the upcoming period. The figure for this index is always given in an annualized figure. The previous month result was 1.02M in comparison to the forecast of 1.04M, (For…See More
Nov 19
Rocky Master posted a photo
Sep 8
Sukkim Lama commented on Rocky Master's photo
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GBPUSDH43

"Buying is good, buying here too."
Sep 3
Rocky Master posted a photo
Sep 3
Rocky Master commented on Rocky Master's blog post GBPUSD Consolidation Breakout Opportunity
" Still holding long, lets see"
Sep 1
Rocky Master posted a blog post

GBPUSD Consolidation Breakout Opportunity

If price break consolidation area looking for another long trade as there is clear divergence and my target would be last week 61.8 fib level @ 1.66712 and final TP would be 1.67000, lets see next week See More
Aug 30
Elam left a comment for Rocky Master
"Hi Rocky wellcome in this blog. Also I m new and sure I ll need your view and experience becouse I m not expert... I only open position base on the coming news.."
Apr 21
Rocky Master posted a photo
Apr 21
Rocky Master posted a photo
Apr 16
talisman commented on Rocky Master's photo
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audusdh3

"haven't seen u much lately , thx for posting"
Apr 12
Rocky Master posted a photo
Apr 11
Rocky Master posted a blog post

AUDUSD Long @ 0.93760 and GBPUSD Long @ 1.67765

Taken two trades on AUDUSD @ 0.93760 and GBPUSD @ 1.67765 but GBP trade hit at Break even after taken few pips but AUDUSD hit its 1st Target and moved SL @ 0.94163, lets see how it goes now, this trade taken on re-test previous low and respecting trend support line…See More
Apr 11
Rocky Master commented on Rocky Master's blog post Short EURJPY @ 130.567
"Final Target hit @ 129.976 and moved SL @ 130.360 "
Aug 14, 2013

Profile Information

About Myself
Having business background, I have done two years research in Market Technical, still considering myself as a new to Trading, because it is ongoing learning process and market changes everyday, so I am still learning.

Most of us trade for money, but I love the way price moves and all these movements are human emotions, I like challenges and everyday I analyze the Forex market and challenge myself, I found this very interesting, that's why I trade with passion and money follow itself.

My Trading Secret :

DISCIPLINE + PATIENCE + TIMING = Successful Trading

Trade what you see, Not what you think

Trading is a game of probabilities. You don’t have to be right every time. You just have to follow your rules.

Be aggressive in trending market and conservative in choppy market.

In trading, as in life, you need a plan. This plan includes not only the micro – a strategy for each and every trade you make – but also the macro – meaning why you trade, how you intend to reach that goal (your means to the desired end), and what you’ll do as an alternative if that doesn’t work out.

Know what you want to accomplish, how you intend to get there, and what you will do if it does – or does not – work out. Have a plan and stick with it. That works in trading, as well as in life.

Being wrong is acceptable, but staying wrong is totally unacceptable.
Being wrong isn’t a choice, but staying wrong is.

To play any game successfully, you have to have some skill, an edge.
But beyond that, it is money management.
Good traders manage the downside;
they don’t worry the upside.

Wish you all the Best & Happy Pipping!

Best Regards,

Rocky
Trading style
Swing, Intra Day
Current Broker
Alpari, FXCM

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Rocky Master's Blog

New Home Sales (USD): What you need to know!

Posted on November 26, 2014 at 2:58pm 0 Comments

New Home Sales is an another important Fundamental indicator that helps to gauge the performance of economic activity by analyzing the number of new single family homes that were sold during the previous month. This data would aid in performance evaluation by assessing the consumer spending and other economic activity that would occur due to new home sales such as the purchase of equipment for house, mortgage finance sold by financial institutions and income received by brokers for executing…

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Two Most Important Fundamental Factors for USD: What you need to know!

Posted on November 26, 2014 at 11:44am 0 Comments

The upcoming news for US is based on two key fundamental indicators for assessing the overall health of the economy, which in turns affect the valuation of USD.

The first one is Core Durable Good Orders which measures the number of orders placed by manufacturers, which in turn give an idea about level of purchases and production in progress that tends to gauge the performance of an economic activity. This index was -0.2% in comparison to a forecast of 0.5%, which is not a good sign…

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Preliminary GDP (USD): What you need to know!

Posted on November 25, 2014 at 12:38pm 0 Comments

GDP is a change in the value of Goods and Services produced in a particular year, that tends to measure the overall economic health which indicates the idea about how much the country has developed over a period. The figure released before this one is the Advanced release which has the most impact however; the preliminary also has an impact as well and normally reported in annualized figure.

The previous result for the quarter was 4.2% in comparison to a forecast of 3.9% however; the…

Continue

Core CPI (USD): What you need to know!

Posted on November 20, 2014 at 1:01pm 0 Comments

Core CPI is one of the key indicator for Fundamental analysis of Forex trading, as it measures the change in the value of goods and services purchased by the consumer over time. Moreover; its a leading indicator for assessing the rise in inflation, which could potentially affect the overall economic activity especially consumption and export. The change in inflation level could intrigue the central bank to raise the interest rate in order to combat any of its negative effect on the economy's…

Continue

Comment Wall (2 comments)

At 9:49am on December 20, 2012, Hussain malik said…

welcome my dear fellow

At 6:20am on April 21, 2014, Elam said…
Hi Rocky wellcome in this blog. Also I m new and sure I ll need your view and experience becouse I m not expert... I only open position base on the coming news..

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