the pair trade down the down trend in 1h chart
stochastic refers to down way
so the pair will continue to down way
http://www8.0zz0.com/2013/10/01/21/913223224.png
Printable View
the pair trade down the down trend in 1h chart
stochastic refers to down way
so the pair will continue to down way
http://www8.0zz0.com/2013/10/01/21/913223224.png
My analysist for usdjpy today,02 october 2013 using open price market at 00.00 broker time strategy.
This analysist is using the open market price and using dolly graphic indicator.
With this indicator, we place trapping buy stop and sell stop
pending order today
buy stop 98.19 tp 98.39 sl 97.59
sell stop 97.79 tp 97.59 sl 98.39
may pip always with us
usd/jpytechnical analysis basis of stochastic(5,3,3) and adx(14) for last few hours
stoch(5,3,3)
main : 79.63
signal : 66.10
adx(14)
adx : 17.02
+di : 14.08
-di : 14.65
so we see the market
condition : near ob
overall trend : bearish
timeframe : m15
Usd/jpy analysis for 10.02.2013 by using pivot indicator.
r3: 99.64
r2: 99.18
r1: 98.58
pivot: 98.12
s1: 97.52
s2: 97.06
s3: 96.46
My daily trading,I hope the day is a success ...
USD/JPY (Daily Trade)
Resistance : 98.65 99.11 99.65
Support : 97.65 96.80 96.30
High / Low : 98.03 / 97.97
Running Price : 97.98
for intraday trade today suggest sell at the level 98.52 , stop loss at the level 99.35.,target take profit at the level 97.75.
===GOOD LUCK===level 98.80.
The Japanese Yen, despite off to a constructive start in the Tokyo open, was dragged lower as the Nikkei 225 wiped out minor early gains to comeback from its lunch break at -1.60%, taking the Yen into new highs ahead of Europe.
S3 S2 S1 R1 R2 R3
0.9297 0.9320 0.9343 0.9493 0.9516 0.9540
Daily pivot Fibonacci points: Resistance levels: R1: 98.52 R2: 98.77 R3: 99.18 Support levels: S1: 97.71 S2: 97.46 S3:97.06
usd/jpytechnical analysis basis of stochastic(5,3,3) and adx(14) for last few hours
stoch(5,3,3)
main : 41.43
signal : 31.76
adx(14)
adx : 39.28
+di : 7.44
-di : 23.34
so we see the market
condition : neutral
overall trend : bearish
timeframe : m15
This afternoon at 1 hour time frame USDJPY broke through the line as well as the lowest price trendline 97.65 yesterday. 97.52 will be the support area which if breached will bring USDJPY to 97.00 psychological level otherwise if the price retraces the USDJPY will rise back towards 98.00.Spoiler:
awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
up signal tp:25 pip
less:20 pip