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today I am going to open position BUY at market watch 05:59 in currency pairs Eur/Jpy with M30 timeframe and market position at 131.52,
because if my prediction of several indicators in Cricket Scalper shows there is a Bullish signal on the Eur/Jpy pairs
and Stoch(5, 3, 3) indicators are in position 20 and shows a Bullish signal,
so the most appropriate order position is to perform open BUY position by placing a stop loss at 131.32 and take profit at 131.72
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My analysist for eurjpy today, 05 september 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 131.91 tp 132.11 sl 131.51
sell stop 131.51 tp 131.31 sl 131.91
happy trading, may profit always with us
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I use scalping strategies on this currency pairs Eur/Jpy so I prefer the short time that is the timeframe M15 and M30,
that's position market on 131.57 then also there are some indicators that I use as the Bollinger Bands is TREND DOWN, ADX is TREND UP, Stochastic is TREND UP.
Then consider the position if the market trend is moving toward more leads TREND UP,
then I strongly encourage you to order BUY at current market at 08:29 and use a stop loss and take profit of 20 pips
is the take profit at 131.77 and stop loss at 131.37
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The following data is predicted based on indicators that we use for the currency pair EUR/JPY today, for today's support and resistance levels as follows: (R3=133,09), (R2=132,45), (R1=132,09), (Pivots=131,45), (S1=131,09), (S2=130,45), (S3=130,09)
recommendation:
place your sell stop at 131,25 target profit at 131,05 (Seller zones)
place your buy stop at 131,65 profit target at 131,85 (buyer zone)
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My daily trading,I hope the day is a success ...
EUR/JPY (Daily Trade)
Open : 131.71
Resistance : 132.17 132.37 132.67
Support : 130.90 130.70 130.40
High / Low : 131.90/ 131.17
Range : 73 pips
Running Price : 131.85
for intraday trade today suggest SELL at the level 131.85, stop loss at the level 132.67, target take profit at the level 130.40
===GOOD LUCK===
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Quote:
Originally Posted by
Anytime
M
Main ye thread EUR/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
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EUR/JPY pair is now up trend. The price already breakout daily pivot point (131.447). I think the price may touch daily resistance 1 level (132.084).
http://i1311.photobucket.com/albums/...ps37db7743.jpg
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Doing my home work properly! This is a pennant (large) on daily chart : continuation pattern: close to break out the top, which pushes the Euro up
and the Yen down. A question: in the USDJPY 240 chart there is potentially a second flag arrangement going on, also a continuation pattern, in this case down, (having perhaps, maybe moved from one to another) if this turns out to be the case, that means that soon the Euro will rise quite sharply against the Dollar. Closely watching channel lines.
Lets see what the NFP holds in store, Friday, currently I'm going with market reaction of mild indifference
https://s3.amazonaws.com/tradingview/s/siOz0LhD_mid.png
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EURJPY, prices yesterday traded sideways. Weekly LSMA condition still looks pointing up. Daily LSMA conditions are pointing up but tend to be flat. also the price is above the band BS daily. if the price is likely to continue the trend of strong buy. focus to look for the best buy position. then wait for the daily low price is to open a buy position. but if you want to be safe then wait for the price is above the daily LSMA to open a buy position. price target is 132.00.
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Eur/jpy analysis :
date : 09.05.13
time : 13:00 GMT
time frame : 15 min
current rate : 131.13
high : 132.18
low : 131.06
net change : -0.43%
overall trend : slightly bearish.