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Abubakar 148 (2020-05-13), hammad101 (2020-06-22), Mureedabbas (2019-05-25), Tilla420 (2020-09-11), zainm6050 (2019-06-14), Zed Storn (2020-05-20)
The price is still trading in its uptrend channel targeting 117.50.But if price able to break the bottom line of the channel, we may see down fall at 115.75 area.
Major trend FOR THIS PAIR IS UP
Minor trend FOR THIS PAIR IS Down
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Abubakar 148 (2020-04-18), hammad101 (2020-06-22), Mureedabbas (2019-05-25), Tilla420 (2020-09-11), zainm6050 (2019-06-14), Zed Storn (2020-05-20)
Evaluasion
a buy position has been successfully profit, we just liquidation, + 68, and one pending orders we move following the movements sma5 h4.
tf green marbels d1 already emerged, but still below the ema62 d1. no problem we follow the trend up in tf h4. watch the 115.72 area,
because it is a strong area of support.
Position For Order:
buy limit 1 @ 116.55
buy limit 2 @ 116.29
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/...0118-32-41.png
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Abubakar 148 (2020-04-18), hammad101 (2020-06-22), Mureedabbas (2019-05-25), Tilla420 (2020-09-11), zainm6050 (2019-06-14), Zed Storn (2020-05-20)
The trading rang for today is among the major support @ 115.55 and the key of resistance @ 117.70.
The general over short term basis is to the upside targeting 117 as far as area of 117.70 .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Abubakar 148 (2020-04-16), hammad101 (2020-06-22), Mureedabbas (2019-05-25), Tilla420 (2020-09-11), zainm6050 (2019-06-14), Zed Storn (2020-05-20)
Evaluasion
Yesterday position untouched , 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
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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 .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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.
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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
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Current Price :114.72
High:114.88
Low:113.80
Current Trend :upside
Price Move :Go to high market
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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