dylan.irwan&team
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USD/IDR Price News: Indonesian rupiah flirts with highs near 14,250 amid upbeat Consumer Confidence
The latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, showed that the country’s Consumer Confidence Index improved further to 104.40 in May when compared to 101.5 booked in April. The survey showed that the optimism continues to gain momentum amongst the consumers, in ligh
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China reportedly mulls price controls on coal prices, AUD/USD tests lows
Reuters is out with the latest headlines, citing that China is mulling price controls on coal prices. Nothing further is being reported on the same, thus far. Market reaction AUD/USD is seeing some fresh selling pressure on the above reports, testing daily lows at 0.7734, down 0.05% on the day.
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Risk Management Method-Equity Protection
The value of equity protection can be modified from time to time. For example, when the current equity is USD 486.94, I set the equity protection value to be at around 90% of the current equity, which is USD 438. When the current equity subsequently increases, we can increase the value of
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How to Trade Triangle Chart Patterns
A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. The triangle pattern is generally categorized as a “continuation pattern”, meaning that after the pattern completes, it’s assumed th
Pull-up Update