the pair can break the up trend to down way in 1h chart
stochastic refers to down way
so the pair will continue to down way
so sell the pair and our target will 101.25
stop loss will 102.75
http://www2.0zz0.com/2013/12/03/18/859677606.png
Printable View
the pair can break the up trend to down way in 1h chart
stochastic refers to down way
so the pair will continue to down way
so sell the pair and our target will 101.25
stop loss will 102.75
http://www2.0zz0.com/2013/12/03/18/859677606.png
today i like to buy this pair @ 102.33
my stop loss of the day @ 102.10
half take profit for today @ 102.56
and further half take profit @ 102.85
the pair price already touched daily resistance 1 level 102.70
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 101.80
so sell now from 102.33
the pivot point will be my target
stop loss will be above the resistance 1 level 102.70
virtual Day USDJPY
03-12-2013
DAY -OPEN 102.930
DAY-HIGH 103.372
DAY-LOW 101.967
BY using pending orders
buy limit from 101.940
sell limit from 103.390
http://www13.0zz0.com/2013/12/03/19/619964086.png
usd/jpy
by using moving average
I can buy from now at 102.49
my profit will 103.10
close the trade at 101.90
good chance for this trade
Date: 04-12-2013
indicators today : up
if price break up :102.44
the pair will go to :101.55
and then go to level :102.65
in 1h chart
the pair is trade up the broken dawn trend
i see the pair will up to 1st tp : 102.80
2nd tp : 103.60
good luck :peace:
analysis of several indicators that I use on usd/jpy currency with M30 and H1 timeframes are in the form of pivots indicator R3=103.35, R2=103.13, R1=102.82, Pivots=102.60, S1=102.29, S2=102.07, S3=101.76 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Oversold on market position 102.51 so that the most appropriate step is to conduct an open position BUY with a stop loss of 102.21 and take profit at 102.81
the pair broke the up trend to down way in 1h chart
MACD and RSI refer to down way
our position short sell at :102.54
our 1st target :102.00
2nd target :101.75
hello my ders yes you are right due to japan earth quake its fall many pips..but now we can see little bit improvement near 80.16..and once again this pair at this price level so we expect little bit more improvement...../