Eur/Jpy

Today anlysis using daily open strategy
buy stop 130.59 tp 130.79 sl 129.99
sell stop 130.19 tp 129.99 sl 130.79

http://charts.mql5.com/1/305/eurjpy-...orex-group.png




hi

how are you

we can see in the 1h chart

the pair can close up the up trend line

i see the pair will go to up way to 131.38

stochastic refers that the pair will go up

so our target buy from 130.38 and our target will 100pips

Good luck

elliott crucial reversal point while below 129.82 - 130.28 it is more likely to fall futher towards 128.99 or 128.63 premature rise above 130.28 could see it rising above 131.02
support and resistances
res2 131.02
res1 130.28
pivot 129.36
sup1 128.63
sup2 127.71

the pair is consolidating around it for several hours, as MASD formed divergence would consider

buying at strengthening up 101.35, the sale is moving at break 200. :doubt:

You can place an order in accordance with the image I show below where movement EURJPY still between sellers and buyers and zone for the target you could put a target is a minimum of 20 pips for every order. whereas for the maximum take profit 50 pips or even could reach towards 131.97 price for buy orders and sell orders for 50 pips

now buyers dominate the market eur / jpy. ranging from buyers monthly, weekly buyer, buyer daily. greatest probability is buy. use your favorite strategies and only take buy signals. area that may be the price objective is 129.66 and 130.71

http://charts.mql5.com/1/306/eurjpy-...orex-group.png


we can see in the 4h chart

the pair trading down the 23.6

I see the pair will go to down way to 127.82

stochastic refers that the pair will go down

so our target sell from 130.03 and our target will 220pips

Good luck

Eur/jpy analysis for 04.11.2013 by using pivot indicator.

r3: 131.95
r2: 131.24
r1: 130.82

pivot: 130.11

s1: 129.69
s2: 128.98
s3: 128.56

Quote:

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Originally Posted by sara9631

http://charts.mql5.com/1/306/eurjpy-...orex-group.png


we can see in the 4h chart

the pair trading down the 23.6

I see the pair will go to down way to 127.82

stochastic refers that the pair will go down

so our target sell from 130.03 and our target will 220pips

Good luck

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i have same analysis with you, i hope that we can make it, but can you tell me why the target is too high ? for this situation, i see the largest TF will still continue the position,
let us share about it, and i hope we make a right thing ..i set to sell EURJPY from 130.10 - 129.50

trend reversal almost happens because fast stochastic line almost crosses slow line bottom upward near buy border level 20 as bullish starting movement after strong bearish happens when all of indicators Relative Vigor Index (RVI), Gator Oscillator, and Accumulated Oscillator are showing negative from level 130.00