thank you for your explanation brother...but could you tell me how you do that...how you can found the resistance and support area ? That will be so cool if we can find those area for trading...we can get pips easily I thought....
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thank you for your explanation brother...but could you tell me how you do that...how you can found the resistance and support area ? That will be so cool if we can find those area for trading...we can get pips easily I thought....
in 1h chart
today i will buy this pair from :93.13
our stop loss today : 92.60
half take profit for today :93.60
and our take profit2 :94.10
analysis for today 11 / 25 / 2013
My daily trading,I hope the day is a success ...
AUD/JPY (Daily Trade)
Resistance : R1 93.46 R2 93.71 R3 93.91 R4 94.21
Support : S1 92.52 S2 92.27 S3 92.07 S4 91.77
Open : 92.79
High : 93.27
Low : 92.71
Range : 56 Pips
Running Price : 93.12
For intraday trade today suggest BUY at the level 93.12 stop loss at the level 92.52 target take profit at the level 93.91 or at the level 94.21
analysis for today 11 / 25 / 2013
AUD/JPY (Daily Trade)
Resistance 3 94.01
Resistance 2 93.71
Resistance 1 93.51
Pivot Point 92.75
Support 1 92.48
Support 2 92.28
Support 3 91.98
SELL 92.48 STOP LOSS 93.51 TAKE PROFIT 92.28 OR 91.98
It is likely to fall towards 92.43 - 91.98 unless a corrective rally breaks the 93.22 resistance. Stop above 93.45 zone.
Key Point92.83
Entry Point92.93
Elliott94.60
Closing92.89
Projection92.31
Trendline 193.18
Trendline 293.35
the trend is still up
50 RSI line cross above the 50 area,
if indicates the trend is still trade above from :92.96
Recommendation: BUY
Take profit1: 93.30
take profit2:93.80
Stop Loss :92.34
Aud/jpy analysis for 11.25.2013 by using pivot indicator.
r3: 94.36
r2: 93.92
r1: 93.36
pivot: 92.92
s1: 92.36
s2: 91.92
s3: 91.36
http://charts.mql5.com/3/153/audjpyr...rectdealer.png
Date: 25-11-2013
Time frame: 1h
High and low prices
High today is: 93.23
Low today is: 92.74
Total pips today: 49
So sell from: 92.96
Our target 1 is: 92.76
Our target 2 is: 92.56
today 11/25/2013
Resistance and Support
r3: 94.18
r2: 93.89
r1: 93.33
pivot: 92.91
s1: 92.31
s2: 91.89
s3: 91.32
Standard pivots
R3 94.435
R2 93.986
R1 93.423
PIVOT 92.974
S1 92.411
S2 91.962
S3 91.399
http://www14.0zz0.com/2013/11/25/08/214823127.png