Aud/Jpy

A pair of Aussie-yen all within the expected forecast. My warrant for sale in the black was at the close of the market, but to cover it I was not able to because of the lag of the terminal. Price jumped from the top of the wedge and sinks to the bottom. The daily candle closed bear no absorption-The formed candlestick reversal pattern rails. Week long bearish candle is closed, a monthly with a spike at the top, until all the evidence continuing decline.

Well, that's sort of like a pair of once again going to the south side ... can be seen that the overall trend is down ... and that's after a local couple consolidation makes a slight tug down, how-to shows that can be further decline ... MACD - histogram of the same crossed its signal line and started to fall ... so I wait .. 86.50

Aud/jpy technical analysis

date : 08.31.2013
time : 12:30 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 40.94

2) MACD (26,12,9)
value: 0.0754

3) ADX (14)
value: 15.70

4)CCI(14)
value: -27.11

overall trend - strongly bearish.

http://charts.mql5.com/2/407/audjpy-...orex-group.png




hi
we can see in the 4h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 86.32
stochastic refers that the pair will go down
so our target sell from 87.32 and our target will 100pips
Good luck

:peace:

AUDJPY(DAILY CHART)

INSIDE BAR setup entry ofter the mother candle break stop loss should be below of 86.40 and target will be 89.70. This is long traade setup pls use small lot. Dont take risk more than 2% of your account in single trade i am just taking 1% risk of my account. https://fbcdn-sphotos-d-a.akamaihd.n...74810283_o.jpg

http://charts.mql5.com/2/407/audjpy-...orex-group.png





hi
we can see in the 1d chart
the pair will go up to fibo 23.6
I see the pair will go to up way to 90.91
stochastic refers that the pair will go up
so our target buy from 87.24 and our target will 367pips
Good luck

AUDJPY is within the sideways pattern. When the set be successful in order to split 84, 038 I'll be searching for pants. We anticipate the actual set drop whenever this details the actual downwards trendline within the variety area We drawed presently there.

the pair can break the up trend to down way in 1h chart

stochastic refers to down way

moving confirm the down view

so the pair will continue to down way

http://www14.0zz0.com/2013/08/31/21/111317124.png

That is good opinion if a person have another job he continue his job and keep work on Forex trading as a part time. As you said that it is non better that a person perform full time job in Forex trading, however I want to say that if a trader is expert in Forex then it is best full time.

Of observations by the method of technical analysis I have seen of the currency pairs Aud/Jpy and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 87.33 and there is support and resistance on the
- R3 : 88.81
- R2 : 88.37
- R1 : 88.07
- Pivots : 87.63
- S1 : 87.33
- S2 : 86.89
- S3 : 86.59

then I highly recommend you to open position SELL with
Take Profit is equal to 87.03 as well as Stop Loss at point 87.63
so that the target pips for today I think is at 150 pips