Gbp/Jpy

My daily trading,I hope the day is a success ...
GBP/JPY (Daily Trade)

Open : 157.10
Resistance : 158.81 159.01 159.31
Support : 156.35 156.15 155.85

High / Low : 157.35 / 156.03
Range : 132 pips
Running Price : 156.10

for intraday trade today suggest sell at the level 156.10, stop loss at the level 156.03, target take profit at the level 155.85
===GOOD LUCK===

The following data is predicted based on indicators that we use for the currency pair GBP/JPY today, for today's support and resistance levels as follows: (R3=160.54), (R2=159.68), (R1=158.4), (Pivots=157.54), (S1=156.26), (S2=155.4), (S3=154.12)
recommendation:
place your sell stop at 157.34 target profit at 157.14 (Seller zones)
place your buy stop at 157.74 profit target at 157.94 (buyer zone)

GBPJPY try to test the 156.67 price zone, which had previously been the support area, with a pinpoint in the price of 156.41. If GBPJPY managed to close below this area, then the down trend will continue for the next support level at the price of 156.15, while the 156.4 level turned into resistance area. if the price of trying to rise above the pivot, pivot broken if the pair is likely to rise to a level of 158.38

Spoiler:

http://i1120.photobucket.com/albums/...psfb591ef6.png

the pair trade down the down trend in 1h chart

stochastic refers to down way

so the pair will continue to down way
http://www4.0zz0.com/2013/10/04/12/313959142.png

gbp/jpy technical analysis basis of stochastic(5,3,3) and adx(14) for last few hours

stoch(5,3,3)
main : 23.23
signal : 41.75

adx(14)
adx : 26.98
+di : 15.57
-di : 13.46

so we see the market
condition : neutral
overall trend : bearish
timeframe : m15

today i like to buyl this pair @ 155.85
my stop loss of the day @ 155.46
half take profit for today @ 156.25
and further half take profit @ 156.43

http://charts.mql5.com/2/682/gbpjpy-...ex-group-2.png




we can see in the 1d chart
the pair trading down the 50.0
I see the pair will go to down way to 153.48
stochastic refers that the pair will go down
so our target sell from 156.00 and our target will 252pips
Good luck

The EUR/GBP has been bearish since the 0.8768 July high. However since mid September, it has stalled. It made lower lows, and at the same time, higher highs. This fits an expanded flat scenario, which would be confirmed if the market dips again after the current new Oct. high above the September consolidation highs. Also, note a falling speedline that comes down from the 0.8768 high.

Hi,,




in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 155.64
I expect from this analyze that the price will go to down way
so sell from 156.08 to 155.64
good luck

Data Tipe = Pivot Point
Pair= GBPJPY
Time Frame = Dayly / 2013.10.04

Resistance 3 = 160.54
Resistance 2 = 159.68
Resistance 1 = 158.4
Pivot Point = 157.54
Support 1 = 156.26
Support 2 = 155.4
Support 3 = 154.12

This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement.
I am not responsible for any errors that occur because the only information from the previous calculation