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.
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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.
Based on the daily chart of the EUR/JPY currency pair, the euro/yen withdrawn from the descending trading channel. While the H4 chart shows that the pair traded in the uptrend trading channel on Wednesday but when the price exceeded its boundary, the lower limit was broken and the price resume to decline and would likely renew its lows in the previous month.
EUR/JPY
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.
We also know about the movement of price up and down in down because of news. News of donald trump is most important. About USA and Chaina trades.
I have also make trading about these analysis of moving arevages. Parabolic SR.
EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including EUR. Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes EUR/JPY sensitive to swings in broad-based market sentiment trends. The pair may likewise find volatility in news-flow related to the Eurozone debt crisis as well the extraordinary anti-deflation policy efforts from the Bank of Japan introduced in 2013.
Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
Best of luck.... 👍✌
Eur/Jpy
EUR/JPY four-hour chart
The market formed a base above the 120.00 handle as the spot is breaking above the trendline and challenging the 121.62 resistance. If bulls clear this level, the market can continue its ascent to the 122.12 and 122.63 resistances. Support is seen near 121.11, 120.73, 120.40 and the 120.00 handle, according to the Technical Confluences Indicator.
yesterday our pair closed at point 115.27
if this pair break 115.77 maybe we will see 116.17
and if break 115.12 then maybe we will see 114.73 and 114.43
Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
Eur/Jpy
EUR/JPY four-hour chart
The market formed a base above the 120.00 handle as the spot is breaking above the trendline and challenging the 121.62 resistance. If bulls clear this level, the market can continue its ascent to the 122.12 and 122.63 resistances. Support is seen near 121.11, 120.73, 120.40 and the 120.00 handle, according to the Technical Confluences Indicator.
Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.