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\\\As seen on the 4 hour chart, the pair held a retreat from the southern slope of resistance-to-point touch which 132.00 figure, the pair continues to form a new wave of southern and today managed to break through the sliding alligator - works part trendlines on the daily chart Stochastic newly formed Southern signal, waiting 130.00.\\\\\
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 130.19 then also there are some indicators that I use as the Bollinger Bands is TREND DOWN, ADX is TREND DOWN, Stochastic is TREND DOWN.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order BUY at current market at 17:50 and use a stop loss and take profit of 20 pips
is the take profit at 130.39 and stop loss at 129.99
The BEARISH trend is clearly seen now,,price break the support and the next target is going to the lower support at 129.50
I prefer to put a sell limit at 130.30 and 130.45 and the target at lower support in 129.50 area
http://s22.postimg.org/e8kr019zl/screenshot_27.png
EURJPY currency pair also showed the same thing, after nfp news release EURJPY moves with powerful, at prices h1 timeframe able to get out. for the next move in the next week I'm sure EURJPY would be able to move more deeply bearish, sell for EURJPY was started (the price out of the red area)
similar to the USDJPY currency pair movement but because it is yesterday in all major currencies weakened usd, EURJPY looks capable of a bit of resistance to the movement of price reversal after touching the prisoner's 3 at the price of 129.92. but in the long term conditions EURJPY daily even weekly basis is in oversold condition
in my opinion i think this pair (eur/jpy) will move down... because i think now this pair (eur/jpy) on below strong ressitant area... so i'm prefer to sell this pair...
http://s22.postimg.org/ejqwcno1t/eurjpyh1.png
i think in forex trading euro is good for getting income because
euro is growth fast so i think euro is best for inline field
My analysist for eurjpy today, 09 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 131.45 tp 131.65 sl 131.05
sell stop 131.05 tp 130.85 sl 131.45
happy trading, may profit always with us
http://www14.0zz0.com/2013/09/08/23/621436671.png
the pair open up gab
i expect the pair will go down to close the gab
so sell eur/jpy
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=132,98), (R2=132,22), (R1=131,42), (Pivots=130,66), (S1=129,86), (S2=129,1), (S3=128,3)
recommendation:
place your sell stop at 130,36 target profit at 130,06 (Seller zones)
place your buy stop at 130,96 profit target at 131,26 (buyer zone)