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http://charts.mql5.com/1/345/eurjpy-...ex-group-3.png
we can see in the m30 chart
the pair trading down the 23.6
I see the pair will go to down way to 128.04
stochastic refers that the pair will go down
so our target sell from 128.74 and our target will 70pips
Good luck
:good::)));):doubt::woo:
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elliott correction zigzag 125.12
market should not go lower than 123.74 after this move down it should go up to 128.43 area
support and resistances
res2 130.75
res1 128.43
pivot 127.00
sup1 124.68
sup2 123.25
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http://charts.mql5.com/1/348/eurjpy-...ex-group-3.png
we can see in the m30 chart
the pair can close up the up trend line
i see the pair will go to up way to 130.11
rsi refers that the pair will go up
so our target buy from 129.11 and our target will 100pips
Good luck
:respect::))):yahoo:
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From 01:51 17-Apr-2013 GMT
Till 05:51 17-Apr-2013 GMT
Sell
Sell at 129.57
Take profit* at 129.22
Stop loss at 129.92
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EUR / JPY 128.00 Coming to Take Advantage Of Sentiment and CPI UME
EUR / JPY rose today, yesterday found the correct drop lower in the line of 125.00. Power today, based on the weakness of the yen and positive EUR, both have move the pair to test the 128.00 handle on the European opening, where he failed to break on it. The market is now down to 127.30 area ahead of the ZEW survey and CPI data UME.
Italian trade balance data showed a narrowing surplus of € 0.668 billion (revised from 0.663 billion) to € 0.380 billion in February, while the global trade balance from € -1.614 € 1.086 billion deficit into a surplus.
Support: 128.54, 128.41, 128.23
Resistance: 129.16, 129.03, 128.85
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Eur/jpy analysis for 04.17.2013 by using pivot indicator.
r3: 134.01
r2: 131.50
r1: 130.01
pivot: 127.50
s1: 126.01
s2: 123.50
s3: 122.01
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Here is my daily analysis for 17 april, using simple method, based open price
buy stop 128.72 tp 128.92 sl 128.12
sell stop 128.32 tp 128.12 sl 128.92
happy enjoy trading!!!
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Eur/jpy pivot levels for today by using : fibonacci pivot indicator.
r3: 131.59
r2: 130.04
r1: 129.07
pivot : 127.52
s1: 125.96
s2: 125.00
s3: 123.45
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Hello everyone. so that the pair can say yes as she and the rest of the Yen pairs so far and do not think to stop, now counted the next target on H4, there is generally target above 50% in the 132y and 133rd figures, not to mention the mid-term minimum target at 147y mark so that good growth is expected to continue until the signal can not see down. we'll see.
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I would like to share about my trading and my analysis using Stochastic indicators and other indicators such as the Daily Pivot and Fibonacci.
For today 17-Aprl-2013 likely Eur/Jpy will continue to 127.70
Sell limit : 128.90
Stop loss: 129.15
Take Profit: 128.30
Time frame : M30
Remain cautious and always use Money management.