Calculation For Trading:
Resistance Level (R3): 119.784
Resistance Level (R2): 119.573
Resistance Level (R1): 119.212
Pivot Point: 119.001
Support Level (S1): 118.640
Support Level (S2): 118.429
Support Level (S3): 118.068
Printable View
Calculation For Trading:
Resistance Level (R3): 119.784
Resistance Level (R2): 119.573
Resistance Level (R1): 119.212
Pivot Point: 119.001
Support Level (S1): 118.640
Support Level (S2): 118.429
Support Level (S3): 118.068
currency exchange is very attractive for both the corporate and individual traders who make money on the Forex - a special financial market assigned for the foreign exchange. The following features make this market different in compare to all other sectors of the world financial system: • heightened sensibility to a large and continuously changing number of factors; • accessibility to all traders in the major currencies; • guaranteed quantity and liquidity of the major currencies; • increased consideration for several currencies, round-the clock business hours which enable traders to deal after normal hours or during national holidays in their country finding markets abroad open and • extremely high efficiency relative to other financial markets. This goal of this manual is to introduce beginning traders to all the essential aspects of foreign exchange in a practical manner and to be a source of best answers on the typical questions as why are currencies being traded, who are the traders, what currencies do they trade, what makes rates move, what instruments are used for the trade, how a currency behavior can be forecasted and where the pertinent information may be obtained from. Mastering the content of an appropriate section the user will be able to make his/her own decisions, test them, and ultimately use recommended tools and approaches for his/her own benefit.
If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).
The categories and approaches in Forex Technical Analysis all aim to support
the investor in determining his/her views and forecasts regarding the
exchange rates of currency pairs. This chapter describes the approaches,
methods and tools used to this end. However, this chapter does not intend to
provide a comprehensive and/or professional level of knowledge and skill, but
rather let the reader become familiar with the terms and tools used by
technical analysts.
As there are many ways to categorize the tools available, the description of
tools in this chapter may sometimes seem repetitive. The sections in this
chapter are:
[6.1] Technical Analysis: background, advantages, disadvantages;
[6.2] Various techniques and terms;
[6.3] Charts and diagrams;
[6.4] Technical Analysis categories / approaches:
a. Price indicators;
b. Number theory;
c. Waves;
d. Gaps;
e. Trends;
[6.5] Some other popular tools.
[6.6] Another way to categorize Technical Indicators.
EUR,jpy
According to the market of this pair in my analyses, position at frame h4 show us bearish way to be seems now, I think it can move to the up side by searching the technical way as sclapping strategy for better profit,
Its Macads position show us bull type at frame m 30.
MA 200 , called buy options,
Here I come to say a good traders has there first option money management,
so take care,
The EUR/JPY extends this week�s losses given the re-emerging Eurozone debt jitters, dropping some 50 pips over the Asian session today following yesterday�s 100 pip slide. The pair appears to be running into modest support at 111.60 just ahead of the European session, yet remains vulnerable to further losses if the overall risk-off sentiment continues
hello all ,
about forex
,,
Currency trading has a long history and can be traced back to the ancient Middle East and Middle Ages when foreign exchange started to take shape after the international merchant bankers devised bills of exchange, which were transferable third-party payments that allowed flexibility and growth in foreign exchange dealings. The modern foreign exchange market characterized by the consequent periods of increased volatility and relative stability formed itself in the twentieth century. By the mid-1930s London became to be the leading center for foreign exchange and the British pound served as the currency to trade and to keep as a reserve currency. Because in the old times foreign exchange was traded on the telex machines, or cable, the pound has generally the nickname “cable”. In 1930, the Bank for International Settlements was established in Basel, Switzerland, to oversee the financial efforts of the newly independent countries, emerged after the World War I, and to provide monetary relief to countries experiencing temporary balance of payments difficulties.
ok friends,,,
Eur/jpy>>
pivot point :120.85
first resistance is on point : 120.97
second resistance is on point :121.10
third resistance is on point : 121.155
In my observation the profitable next selling point will be 121.00
and by my mind the profitable next buy point will be 118.80
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
पिछले कारोबारी सप्ताह में, eur / jpy मुद्रा जोड़ी ने 120 वें आंकड़े में एक पायदान हासिल करने की कोशिश की, लेकिन एच 4 चार्ट पर अवरोही चैनल की ऊपरी सीमा से पलट गई और 118 वें आंकड़े (120.90 - 118.57) तक गिर गई, जहां इसने व्यापार पूरा किया। लेकिन इस समय संकेतक अभी भी 119.44 और 120.32 पर अगले कारोबारी सप्ताह के लिए प्रतिरोध स्तर के लिए एक जोड़ी खरीदने की संभावना पर संकेत देते हैं। अगले ट्रेडिंग सप्ताह 117.99 और 117.11 के लिए समर्थन स्तरों के लिए जोड़ी की बिक्री को पिछले सप्ताह के न्यूनतम निशान से नीचे माना जाना चाहिए।
(I express my opinion about this pair...)
As All of you know that . this trading pair is too good for best tradong is pair . this tradin TVg pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .Its all becouse of its movement. After the understanding of pro EMA trading analysis. Its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators. So i am always refer the indicator for analysis ... .
I suggest you this analysis indicater for 95% chances...
goodluck...
pair and that according to the green color shown by the Bollinger. Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side.