Gbp/Jpy

I use scalping strategies on this currency pairs Gbp/Jpy so I prefer the short time that is the timeframe M15 and M30,
that's position market on 169.76 then also there are some indicators that I use as the Bollinger Bands is BREAK HIGH, ADX is UP TREND, Stochastic is DOWN TREND.
Then consider the position if the market trend is moving toward more leads TREND UP,
then I strongly encourage you to order SELL at current market at 03:56 and use a stop loss and take profit of 50 pips
is the take profit at 169.46 and stop loss at 170.06

analysis for today 12 / 10 / 2013
My daily trading,I hope the day is a success ...
GBP/JPY (Daily Trade)

Resistance : R1 170.25 R2 170.50 R3 170.70 R4 171.00
Support : S1 169.17 S2 168.92 S3 168.72 S4 168.42

Open : 169.63
High : 169.92
Low : 169.50
Range : 42 Pips
Running Price : 169.81

For intraday trade today suggest BUY at the level 169.81 stop loss at the level 169.17 target take profit at the level 170.70 or at the level 171.00

Today 10/12/2013
Resistance and Support
R3: 170.56
R2: 170.23
R1: 169.00
Pivots: 169.79
S1: 169.57
S2: 169.33
S3: 169.09

Dailly analysis for GBPJPY, elongated flat correction up 170.78

Elliott 165.87
Closing 169.66
Ex-Low 168.13
Ex-High 169.74

Support 1 168.60
Support 2 167.55
Resistance 1 170.21
Resistance 2 170.78

Attachment 9721
TECHNICAL ANALYSIS
GBPJPY

TIME FRAME H1
Exponential MA "18" : BULLISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH

TREND: BULLISH

Standard pivots

R3 171.212
R2 170.765
R1 170.203
PIVOT 169.152
S1 168.590
S2 167.539
S3 166.977
http://www7.0zz0.com/2013/12/10/08/220973587.png

http://charts.mql5.com/3/289/gbpjpyr...rectdealer.png
Date: 10-12-2013
Time frame: 1h
High and low prices
High today is: 170.03
Low today is: 169.40
Total pips today: 63
So buy from: 169.68
Our target 1 is: 169.89
Our target 2 is: 170.22

Today's 10th Dec, 2013 trading analysis. GBPJPY in 4H chart shows little bit selling pressure, but technically it shows strongly bullish trend. Buy on reversal above pivot point and the take profit of 170.180.

Pivot: 169.137

Resistance levels

R1 170.180
R2 170.737
R3 171.780
R4 172.822

Support levels

S1 168.580
S2 167.537
S3 166.980
S4 166.422

Attachment 9734

camarilla levels today


W-R 38% @ 168.935

WP @ 167.693

W-S 38% @ 166.450

W-S 100% @ 164.424

W-S 138% @ 163.181



order buy @ 169.489
http://www4.0zz0.com/2013/12/10/09/446099211.png

the pair price already touched daily resistance 1 level 169.80
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 169.00
so sell now from 169.41
the pivot point will be my target
stop loss will be above the resistance 1 level 169.80