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Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading.
The support and resistance level educate us for markit trading up or down so we can trade sell or buy and get huge benefit in trading.
Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .
Dear friends
Forex forum is the best forum in the world online earning in part time .
In this forum we use and make money. I like zigzag indicater
Rsi
Friends I expert in 2 indicater plz use this and gain good profit.
Dear friends
Forex forum is the best forum in the world online earning in part time .
In this forum we use and make money. I like zigzag indicater
Rsi
Friends I expert in 2 indicater plz use this and gain good profit.
i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side
Winning signals - Profit signals.
Today Target Pair - CAD/JPY
Today main profit zone .
81.04 - 82.04 - 82.64
Today main support zone.
77.85 - 78.84 - 79.45
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
predictions for the day.
trading is risky if no analysis is done
CAD/JPY - is the currency pair we will be focusing on
major low levels also known as supports 80.21
major high levels also known as resistance - 80.62
cadjpy pair trading trend active sell signals and i say that trader place their sell order in cadjpy and trader place order in cadjpy at price 85.00 to 85.50 and we set our take profit point at price 84.00 and 83.00 and we set stop loss at price 85.50 i prefer for selling positions and cadjpy not move up price now and cadjpy give strong selling signals and it is must for trader understand the market current positions and place order in forex market
Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.
this is my analysis for CADJPY, hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakout of the resistance level at 83.57 and the pair will continue to go up to the next resistance level at 83.79 in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 83.48 stop loss at the level 83.93 and target take profit at the level 83.13
Resistance1 : ------- 83.54
Resistance2 : ------- 83.77
Resistance3 : ------- 83.50
Support 1 : -------- 83.09
Support 2 : -------- 82.90
Support 3 : -------- 83.47
if market movement as my scenario, you can earn good profit and avoid much loss in your trading keep trade with discipline and patience . remember..always trade in the direction of the current trend, because trend always your friend.