USDIDR Off Beat PairIndonesia tried to print value for the currency as #MMT prescribed. Now it costs 30,000 IDR to buy an cup of espresso! Soon it will cost 40,000 as the dollar will likely rise from here.Longby RealMacroUpdated 11
USDIDR 2023since map years ago, many pple said goes to 16k. and now will fall down deep. for me, good chance to buy USD arround 14400 hold till end of the year also divergen MN as long as it doesnt break 14000 lvlLongby Raiden_R1
USDIDR 14,840 to Purchase $1It takes 14,840 Indonesia Rupiah to purchase $1. Let me put this in a different way so people may understand it better. Imagine needing HKEX:14 ,840 to buy 1 IDR. Or TASE:TASECTORBALANCE ,520 to buy 1 espresso at Starbucks. Let that sink in for a moment. #MMT at its finest.Longby RealMacro6
Targeting Sub 15200 IDR with Potential for 15600 IDR - 15700 IDRBased on my analysis of the USIDR chart, I have observed a V bottom formation in the weekly timeframe, suggesting a potential bullish trend in the near future. Currently, the price is trading just above the neckline, indicating a possible short-term retest towards sub-15200 IDR levels. However, with a target range between 15600 IDR - 15700 IDR, there could be potential gains for traders who decide to enter into a long position. As with any trading strategy, it's important to exercise caution and perform your own due diligence before making any decisions.Longby ariefauliaa1
Indonesia Rupiah vs Dollar USDIf we see here, USD has gain momentum to breakout the IDR resistance that holding USD value not over 14.600, since ending 2020 and beginning 2021, only once tested in 14 Apr 2021. But, now we can see that Resistance has broken and USD seems to test the ATH in 2020 around 14.975, when we know due covid and stock market is super volatile. If USD broke the 14.975, we can see quick pump to 2018 ATH around 15.200, where we know theres also market crash in 2018, this is similar where we see at the time, the FED is increasing rate to 2%, and currently FED is already increasing rates to 1.75%. We should prepare if this is happening, could cause investment in Indonesia to be slow and growth due dependency with other country and food crisis is currently happening. Be safe and manage money risk management to ensure to be stay liquid at times like this.Longby andryjUpdated 224
2nd Demo Chart: Long is recommendedAs it is an upward trend, therefore a Long is suggested in this tradeby arsalankb322380
Would Stronger Dollar Weaken Indonesia's rupiah to Rp15,000?The inflation rate has reached above 8% territory in the U.S. Higher Inflation Rate forced the Fed to raise the interest rate again by 50 basis points in May 2022 and it seems the Fed will remain hawkish for stabilizing inflation to a more normalized level. Commonly, the Increasing interest rate will make a stronger dollar because it will attract investment capital from investors abroad seeking higher returns on bonds and interest-rate products. Therefore, a bullish/Stronger Dollar outlook might prevail and potentially weakens Indonesia's Rupiah. From Chart Perspective: USD/IDR is moving above the Exponential moving average of 200, which means a bullish bias. Recently, The pair has broken out of the falling wedge pattern, accompanied by a golden cross in the MACD indicator. it signifies a potential bullish bias to the target area. Smash the Follow and Give us Thumbs up for More Educational content! * Disclaimer: This is for educational purposes only, We are not responsible for any of your financial decision. Longby financialfreedomgoals101Updated 16
INDONESIAN RUPIAH WILL STRENGTHEN?IDR has decreased against USD lately, if viewed using technical analysis IDR is likely to correct the usd price marked by a fakeout in the market, we can buy IDR with a target price of 0.00006746Longby tradervibesID0
Sharing Trading ContestGood morning, I am one of the new traders in Indonesia, I use Maxco broker. That morning my phone rang, a Maxco salesman who had been helping me provide daily market information told me that they were collaborating with a trading platform called FOLLOWME, I'm not interested because I think I have to open a new investment there, and have to make a deposit, I am very careful in trading and of course because I am a beginner it seems that having 1 broker is better. but this sales said about Trading CONTEST, I'm a bit interested after hearing that word This Trading Contest is held on FOLLOWME and you only need to connect an account, for fun the prize is a hefty $1000. I think there's no harm in trying, even if I fail it won't hurt me, I just need to connect my account and trade as usual, FOLLOWME doesn't give any missions they will only take data from the trades that we do and then compare with other traders. I don't think this will be a waste of my time, and why not? by inasmith411
10 STEPS TO BECOMING A SUCCESSFUL FOREX TRADERForex is simply a battle with the next person, if you predict the right thing, you win. The profitability in this industry is mind blowing. These 10 points I would list below would ensure that you become a successful forex trader. 1. DEVELOP THE RIGHT SKILLS · Diligence : You CAN Achieve anything by not being of lazy, you Should the know by now! Just That. In the case of forex, diligence comes in when it is time to make transactions. When making transactions, you do not want to put your money into anything that you have not made prior research on. You should be able to make your research and find the good and bad parts of any deal before putting your money into it. · Good Research Skills: Going further on the first point, good research skills are vital. You see that a currency has been doing well and is on the rise now, and you feel it is time to cash in your chips. Good research skills, gives you the ability to find the reason for the value fluctuation from different sources. · Good with Numbers: the Forex deals with numbers, graphs and charts to show For you the Different currency patterns. You should be able to understand this easily in order to be a better forex trader · Discipline: There are some Transactions That you may have ENTERED Into and for the first couple of trades, the make you profits and the then you start to Lose. But you keep trying and trying until all the profits you made go down the drain. Many traders fall into this situation, time and time again. Before you enter into a transaction, it is important that you have a plan. Come up with trading strategies that you would stick to no matter what. After every transaction, try to record it down in a book, to keep you in line. 2. EDUCATE YOURSELF ABOUT FOREX The forex market is always changing and every day, there are new patterns. There are really no set of rules controlling the forex market to succeed, you need to be open minded to new information. There are basically two ways to keep you current about the latest changes. You can either learn from an online course or through a Foreign Exchange consultant . Your aim should be able to talk about charts, graphs, ratios, trading options and profitable pairs proficiently. 3.START SMALL Following such means would cost you lots of money and would make you really miserable. Rome wasn't built in a day, so do not expert that your forex trading career would boom in one day. Open a micro account, then write down how much you can risk losing in a journal and stick to it. This is where your discipline comes in; ensure that you do not make trades based on greed, fear, and biases. As you gain more experience, you can begin to increase the size of transactions you enter into. 4.START WITH A DEMO ACCOUNT You would also be able to test different trading strategies and taking on transactions without having to lose personal funds. 5.FIND A TRADING EXPERT This trading expert would keep you safe from negative balance situations and would let you in on competitive trading options. Having this expert at your side is very vital to your success in the Forex trading industry. 6.TRADE WITH A STRATEGY AND STICK TO IT Your strategy should keep developing and getting better from time to time with the market; the deeper your knowledge, the better your strategy gets. Decisions about making profits in the short term or long term should be identified in your strategy. Many beginners make one common mistake of jumping from one strategy to another, searching for the next best thing; the secret that many traders do not understand is, no strategy works 100% of the time. 7.DO NOT BE AFRAID OF LOSSES Being scared of losses would make you scared of going into traders which would keep you failing continuously. You have to be okay with the fact that you can lose everything you can in the trading business. It is all part of the process. 8.KEEP YOUR EMOTIONS ASIDE There are some cases where you would not want to follow your strategies because of fear or the urge to win back your losses because you may have been on a losing streak. Kill that urge to go into trades without your strategy. If you cannot put these emotions away, you would have a hard time as a forex trader 9.MAINTAIN A LOW RISK PER TRADE MARGIN The type of trader you are should affect density of the risk you put in per trade. You do not want to be risking big per transaction. It is not a good strategy to use. Try to enter into high reward-low risk trades at all times. Your risk margin should not be more than 2% at any point. 10.USE STOP-LOSSES You can set your stop-losses based on market conditions because you never really know what the market will bring on specific days. 11.KEEP PRACTICING ou would be better at trusting your strategies and not be controlled by your emotions. In conclusion, if you do not have so much time to do trading by yourself and still want to maintain profit. Getting a Forex Robot that would do your trading for you. Forex Robots is a top notch technology for foreign exchange. It helps ensure that you make profits from trades.by inasmith410
Best Ways to Learn Technical AnalysisKEY TAKEAWAYS Technical analysis is the study of charts and patterns, but can also include aspects of behavioral economics and risk management. Novice traders can turn to books and online courses to learn about technical analysis. Many online trading courses promise spectacular results and use high-pressure sales tactics, but then fail to deliver the promised results. Simulated or "paper" trading can help traders see how technical indicators work in live markets. 1. Build a Foundation The first step in learning technical analysis is gaining a fundamental understanding of the core concepts, which is best accomplished by reading books, taking online or offline courses, or reading through educational websites covering these topics. Many of these resources are free, but some educators, workshops, or courses charge a fee 2. Practice and Develop Your Skills Traders developing automated trading systems can use backtesting to see how a set of rules would have performed using historical data. For example, a trader might develop a moving average crossover strategy that generates a buy signal when a short-term moving average crosses above a long-term moving average and vice versa. The trader could then backtest the system to see how it would have performed over the past several years. What Is Technical Analysis? In the financial markets, technical analysis is the study of behavioral economics, risk management and trends, all of which can be applied to trading. It involves using price action to make predictions about future stock movements. How Does Technical Analysis Work? Traders use technical charts to assess a stock or index's strengths and weaknesses, price action, trends, and volume. Through this process, traders can predict stock movement, typically in the short-term What Are Some of the Best Technical Analysis Courses? The overall best technical analysis course, as determined by Investopedia, is through Udemy, but other highly-ranked ones include Bullish Bears, and The Chart Guys. The Bottom Line The best way to learn technical analysis is to gain a solid understanding of the core principles and then apply that knowledge via backtesting or paper trading. Learn the Basics of Trading and Investing Looking to learn more about trading and investing? No matter your learning style, there are more than enough courses to get you started. With Udemy, you’ll be able to choose courses taught by real-world experts and learn at your own pace, with lifetime access on mobile and desktop. You’ll also be able to master the basics of day trading, option spreads, and more. Find out more about Udemy and get started today.by inasmith41111
USDIDR 19th APRIL 2022Rupiah tends to move flat despite the strengthening of the US dollar against major currencies. In addition, the demand for the dollar has increased, and the demand for other safe haven assets has also increased, as indicated by the increase in gold prices and also followed by an increase in the yield of the US Treasury to the level of 2.88%. In addition, the release of Indonesia's trade balance data as of March 2022 recorded a surplus of US$ 4.53 billion, wherein March's export performance was the highest in history, which also limited the weakening of rupiah. Rupiah will strengthen in a limited range of Rp.14,000 - Rp.14,700 per USD.by DNP-FXUpdated 9
usdidr weaknessPotentitial further weakness to 16K (filling the gap). CarefullLongby rizkyputrachandra1
usd/idr really smoothnice picture , strong uptrend on usd/idr if breakout from bearish trendLongby MegaPuspaPratiwiII2
Bullish Bias on USDIDRIndonesia rupiah would like to weakening since we've got a pennant pattern on this market as their bullish continuation signal. Buy on break should be your consideration with the supply area as price target and 14300 as a bullish invalidation if the price goes down and close below itLongby danandyoUpdated 2
USD losing its value!!!Well... as I charted before (months ago), we will see a break down of USD, but still, if U zoom it out, it still in the up-trend!!! My worst-case level for USD-IDR pair would be at 14,000 which align with my trending up blue line!!! It may not even reach that point, as USD itself has many supports line before breaks and touch the 14,000 area!!! #not financial advice #Personal View by ZombieGod111
USD IDR Chart AnalysisLooking at the prospect of current economic situation for both the US and Indonesia, I believe there is still room for an uptrend in coming years as shown in the chart before a break to the downside in the coming future (probably will take years). #not Financial advise #Trade at your own riskLongby ZombieGod11Updated 2
USD to lose its valueWith the trillions of USD being printed in the last 1 or so year since the pandemic, it is only a matter of time before everyone realize USD is simply made out of thin air and given for free for everyone, somehow US are able to fund everything and grow beyond your wildest dream even in pandemic simply by printing and printing and printing... It will soon lose its value as people who understands economics will think "wait a minute... did you just pump so much dollar that Money Supply simply quadruple in a year? this is BS". The only way for this not to happen is if Indonesia government decide to manipulate the market, and devalue its currency over and over again, which would only make matters worse when USD ponzi-scheme bubble popsShortby feverdreams19911
bull USDIDRusdidr potensially bull with stochastic divergence. target price 2 peak as last resitance. Longby sagitahalley1
USD/IDR (Dual country analysis, Feb 2021)It has broken Rp 13.8k but not lower enough . My absolute prediction is it won't go down to 12k in anyway, unless Joe made weird regulations and all conservatives marched to streets again. It's all political, i never expect USD to hit lower than 14k IDR, this will never happen in Donald's presidency where USD soared high. It's the truth, Joe is weakening USD and Trump is strengthening USD. But what we care, you and me, is the opportunity to bet right. To rebound to 14k is really possible. USD is weakening, good time to bet low (sell option), and buy lump sum of USD cash with IDR cash. Indonesia will have to wait until 2024 to become USD = Rp 15k. Or any riots or chaos happened before, you can bet that it happens every year. When that happened bet high (buy option), sell USD cash. Money changer is your friend. Any feedback is appreciated. Let's learn to take profit togetherLongby DoctorStonks2
USDIDR - DAILY Wave ForecastingTrend = BULLISH Parent Trend = BULLISH (Monthly) Wave Direction = Down then Up After forming Head N Shoulders & Double Top, price going down break Rising Wedge & bottom trendline. This made trend has changing to short bearish But this won't be long, because price still on the corrective wave. Target price = 14505-14565 then UP to 14915-14975 Entry Idea = Wait for correction wave is completed, then look for Buying opportunity Check latest post for updated analysis ! *Disclaimer alert : This analysis based on our point of view. We wil not be held responsible for any losses that occur in your account. Always use your own best Money Management. If you found this helpful, feel free to donate me. See you on the Winning Side baby !by Anastasys110