today I am giving 2 pending order
buystop- 114.99 tp-20 to 30 pip sl-30pip
sell stop-114.54 tp-20 to 30 pip
tp will be increase and this is better to close manually
but i am determine that today eur/jpy will fall.
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today I am giving 2 pending order
buystop- 114.99 tp-20 to 30 pip sl-30pip
sell stop-114.54 tp-20 to 30 pip
tp will be increase and this is better to close manually
but i am determine that today eur/jpy will fall.
yeh pair ka price niche gir raha hai shayad yeh bahut risky hai open a Sell position at this time,I will wait for a correction in the price of 114.44.
http://i1123.photobucket.com/albums/...1118-43-21.png
same as the other JPY pairs, no correction UP. we should open a direct position.
Current Price :114.72
High:114.88
Low:113.80
Current Trend :upside
Price Move :Go to high market
EURJPY is having difficulties with breaking the trendline. If it continues to rise touching the 50% Fib can provoke further rallying of the pair. (114,6)
Support is at 113,8, last low.
I advise to wait for a momentum.
Trend formed:
Current price @ 115.66. A good trend, because the newly formed trend up. and marbels was out of line and form a large angle. but it is too dangerous to open a position instantly.
Position For Order:
Position 1 ==> buy limit @ 115.10
Position 2 ==> buy limit @ 114.81
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.
Image link:
http://i1123.photobucket.com/albums/...0116-41-10.png
The pair has broke the downtrend channel. Now testing the trend line and finding a good support.
Possible support : 115.12
Possible support 2: 114.90
I'll wait for a few hours to draw a trend line.
The trading rang for today is among the major support @ 115 and the key of resistance @ 116.30.
The general over short term basis is to the upside targeting 116.70 as far as area of 117.85 .
Evaluasion
Yesterday position untouched :woo:, therefore today we move the pending orders.
Position For Order:
buy limit 1 @115.94
buy limit 2 @ 115.67
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Image link:
http://i1123.photobucket.com/albums/...18-27-49-1.png