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today my analysis to open position BUY at market watch on 11:28 in currency pairs Eur/Jpy with H1 timeframe and market position at 132.78,
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 30 and shows a BULLISH signal,
so the most appropriate order position is to perform open position BUY by placing a stop loss at 132.48 and take profit at 133.08
EUR JPY affection by the negative bias hence it achieved 132.70 in yesterday’s trading, but we remain in our main bullish trend at 131.50, keeping the price within the bullish channel as appears in the chart. Therefore, we are waiting for gaining the required positive momentum to visit 134.30 then 136.70 as main targets for the bullish bias
http://charts.mql5.com/2/600/eurjpy-...ex-group-2.png
Eur/jpy analysis :
date : 09.25.13
time : 12:30 GMT
time frame : 15 min
current rate :133.12
high : 133.27
low : 132.68
net change : 0.05%
overall trend : slightly bearish.
This is a very good pair if you ask me . But You have to be a good trader to be capable of making money that is what you have to know.Cause it move very fast.
EUR/JPY pair is now up trend. The price already touched daily pivot point (133.226). I think the price may touch Fibonacci 50.0 level.
http://i1311.photobucket.com/albums/...ps0537534a.jpg
time frame- M15
the rsi indicator is showing price is over bought and it is at the 70 level. this is now at the pivot point resistance 133.24 and try to break. if this resistance is break then it will be continue in the direction and move the the 133.80 level.
trade type- long
target@133.80
stop loss@132.90
good luck.
eur/jpy
evening analysis of the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 13.86
+di : 24.24
-di : 15.99
adx(14) level
adx : 16.52
+di : 21.00
-di : 14.28
so overall market trand is : slightly bullish
timeframe : m15
time : 1500 gmt
under my own analysis the currency pair is exhibitng bearish characteristics hence a greater downward trend will be experienced and trader should look for opportunities for shorting
today i like to sell this pair @ 133.47
my stop loss of the day @ 133.77
half take profit for today @ 133.17
and further half take profit @ 132.83
Eur/jpy analysis :
date : 09.25.13
time : 17:00 GMT
time frame : 15 min
current rate : 133.42
high : 133.59
low : 132.68
net change : 0.30%
overall trend : strongly bullish.