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My analysist for eurjpy today, 03 sepetmber 2013
this strategy is using open day daily chart. So, my strategy is based on the open daily price.
This strategy is simple, just using dolly graphic. So my strategy is just using pending order.
Buy stop 131.24 tp 131.44 sl 130.84
sell stop 130.84 tp 130.64 sl 131.24
happy trading, may profit always with us
Eur/jpy analysis for 09.03.2013 by using pivot indicator.
r3: 133.265
r2: 132.314
r1: 131.672
pivot: 130.721
s1: 130.079
s2: 129.128
s3: 128.486
EUR/JPY On the daily chart continued growth, as well H4 growth is not over, and the H1 is formed by the divergence of ISDA and formed a sell signal, so as soon as possible to reduce the pair with the up****e low of 130.80, followed by 130.60 may be reduced / 130.50, followed by continued growth on the updated maximum 132,45
waiting for higher price for entry sell.based on my analysis at D1 that still showed down signal
http://www.hostimg.org/thumbnails/c7...bc708d4bcf.png
Eur/jpy analysis :
date : 09.03.13
time : 06:30 GMT
time frame : 15 min
current rate : 131.15
high : 131.51
low : 131.01
net change : 0.09%
overall trend : strongly bearish.
The pair is trading in a downward channel. Today, the price broke the support line on the blue + signal divergence has formed a joint-stock company, which confirms the possibility of a fall to 38 or 61% fibo. May also drop from the resistance line of the channel + Census maximum. On the rebound from a 38 and 61% Fibo buy a pair. After breaking through the resistance line of the channel pair to retest buy.
today i like to sell this pair @ 130.77
my stop loss of the day @ 130.46
half take profit for today @ 130.96
and further half take profit @ 131.27
EJ is still bullish and approaching daily resistance @131.65. a break of resistance will clear the way to 132.xx. So no way for sell EJ now. I will go for sell if it go 132.xx and show weakness there. Now all indicators indicating up.
Attachment 8887
It is not a very specific situation on eur / jpy, no pair worked morning sell signal (after a 200-slip rate again went above it), was drawn from the trading range 130.66-131.44, while waiting for a breakthrough one of the boundaries of the channel, Suor likely it will be in the direction of the north-to medium-term trend.
My daily trading,I hope the day is a success ...
EUR/JPY (Daily Trade)
Open : 131.04
Resistance : 130.64 130.84 131.14
Support : 129.54 129.34 129.04
High / Low : 131.46/ 130.64
Range : 82 pips
Running Price : 130.95
for intraday trade today suggest BUY at the level 130.95 stop loss at the level 130.64, target take profit at the level 131.14
===GOOD LUCK===