Usd/jpy analysis for 09.12.2013 by using pivot indicator.
r3: 101.20
r2: 100.90
r1: 100.39
pivot: 100.09
s1: 99.58
s2: 99.28
s3: 98.77
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Usd/jpy analysis for 09.12.2013 by using pivot indicator.
r3: 101.20
r2: 100.90
r1: 100.39
pivot: 100.09
s1: 99.58
s2: 99.28
s3: 98.77
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I use technical analysis of currency pairs USDJPY in the market at 18:57 which is the current market position is at 99.22 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = TREND DOWN, MACD = TREND DOWN, Parabolic SAR = TREND DOWN, Stochastic = TREND UP,
but it is by looking at the position on the market today gained 100.09 points pivots, yesterday high at 100.6 and yesterday low at 99.79 so support and resistance
R3 : 101.2
R2 : 100.9
R1 : 100.39
Pivots : 100.09
S1 : 99.58
S2 : 99.28
S3 : 98.77
of some of the analysis contained in the signal TREND DOWN at currency pairs USDJPY, so the best step to open position BUY by set take profit at 99.52 and stop loss at 98.92. good luck
It is float to the air according to the currency news that the price of Japanese yen is about to getting cheaper when Japanese president proclaimed that 2020's Olympic games will be arranged in Tokyo. So buyer is going to have a great opportunity to a huge make profit from their trade in Japanese yen.
Trading Signal - 12/9/2013 - 10:00 GMT+3
Instrument: USD/JPY
60min CHART Downwards Strong
Waiting for a retracement higher towards the 99.50 resistance level in order to reinstate SHORT positions.
http://dl.dropbox.com/u/51561036/scr...913-031013.jpg
I use scalping strategies on this currency pairs Usd/Jpy so I prefer the short time that is the timeframe M15 and M30,
that's position market on 99.71 then also there are some indicators that I use as the Bollinger Bands is TREND UP, 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 05:41 and use a stop loss and take profit of 30 pips
is the take profit at 100.01 and stop loss at 99.41
TODAY'S TECHNICAL LEVELS: Resistance 3: 100.48. Resistance 2: 100.11. Resistance 1: 99.88. Support 1: 99.14. Support 2: 98.91. Support 3: 99.54.
Usd/jpy analysis for 09.13.2013 by using pivot indicator.
r3: 100.98
r2: 100.48
r1: 100.00
pivot: 99.50
s1: 99.02
s2: 98.52
s3: 98.04
today I am going to open position SELL at market watch 06:12 in currency pairs Usd/Jpy with H1 timeframe and market position at 99.66,
because if my prediction of several indicators in Cricket Scalper shows there is a BEARISH signal on the Usd/Jpy pairs
and Stoch(5, 3, 3) indicators are in position 80 and shows a BEARISH signal,
so the most appropriate order position is to perform open SELL position by placing a stop loss at 99.86 and take profit at 99.46
Stochastic oscillator indicator to line
one line:20 buy signal
to line:80 sell signal