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satya kaha apne eur/jpy bekar pair me isme movement sahi milti nahi hai maine bhi kafi isme try kara tha pehle trading isme acchi milti thi aur kamai acchi hoti thi par jab se isme market movement kam aur ajib sa hua hai mujhe bhi isme 5 pip kamane ka bhi lale padh gaya hai.Quote:
Originally Posted by fxghost
The zigzag indicator shows a TOP signal and it is the last one at 138.75 for the EURJPY .
In mean while the price is moving near the boolinger band's HIGHER level for now that might be a good signal for heading south for tyoday .
When we look at the RSI we can see that the RSI showing a value of 56 and going to the 70 th level now .
For the stostatic indicator the price now is reaching the 20 th level having a value of 23 and that might be a good buy level .
As a conclusion sell trades are the best choise as long as the price remain under resistance 138.75 .
http://img843.imageshack.us/img843/9069/7z2lk.jpg
As you can see on the EURJPY chart the price is moving at a bearish channel. .
Now the price hits the low edge of donchain channel and I can say that a buy trades can be open by now targeting the high edge .
Stostatic by the way have a buy signal by having a bullish intersection near the 20 th level .
Finally a buy signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by green .
To make a clear decision from the previous givens the price have a higher chance to head up till the higher level of donchain channel but if you face the up edge of manually drawn channel then you have to close any buy trades and for more strength for your trades waiting for a buy signals drom awesome oscillator and stostatic is prefered .
http://img853.imageshack.us/img853/786/98mr.png
When we see the chart of EURJPY there is down trend with up arrows and red candles in Henkin Ashi indicatror .
In the same time T3-Clean indicator makes an intersection with thw Snake indicator which make buy signal for now .
Finally there is blue signal at the trend-session that shows a strong possibility for up trend .
if we saw the last signal I think we should choose buy orders and it is the best betting for now .
for the buy operation target the resistance 138.06 is the best point to claim your profits .
http://img841.imageshack.us/img841/601/cfkx.png
The chart of EURJPY and the golden tendency string show a blue color as the price going above the level and that indicate a bullish signal for clear.
There was a blue dot of the golden finger appears below the red candle of the golden signal K which indicate a strong buy signal for now.
The MACD indicator shows a sell signal due to the bearish intersection below the 0.0 line and this is a good confirmation for the bearish direction .
A buy signal is shown by the golden varitey indicator by 4up signals to get a high chance for bullish trend .
On the long term it is recommended to target the area of 138.93 because there isn’t any strong level waiting the price before these levels so choosing it as a take profit may be a good choice.
http://img834.imageshack.us/img834/238/vhjt.png
The yesterday movement of EURJPY have some important points the price is closer to the Red level of TMA indicator by the current time which can be considered as a moving resistance in this case the downward trend have the better chance to occur .
Also you can see the Yellow and orange point appears above the candles to indicate a probably sell direction .
On the other hand you can see the RED color now on the timing indicator below the chart and the line is almost at the 30 th level .
Betting on downward direction can be a winning bet targeting the coming levels of TMA on a row .
http://img850.imageshack.us/img850/6889/uh7y.jpg
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analysis for today 7 / 10 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 7 / 9 / 2014
OPEN 138.23
HIGH 138.73
LOW 138.13
CLOSED 138.62
The third resistance (R3) 138.73 - ( 138.49 - 138.13 = 0.36 x 2 = 0.73 )= 139.46
The second Resistance (R2) 138.49 + 138.73 - 138.13 = 139.09
First resistance (R1) 138.49 x 2 = 276.99 - 138.13 = 138.86
pivot points 138.73 + 138.13 + 138.62 = 415.48 / 3 = 138.49
Support for the first (S1) 138.49 x 2 = 276.99 - 138.73 = 138.26
Support second (S2) 138.49 - ( 138.73 - 138.13 = 0.60 ) = 137.89
Third Support (S3) 138.13 - ( 138.73 - 138.49 = 0.24 x 2 = 0.47 )= 137.66
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analysis for today 7 / 10 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 138.36
Retracement (50%) 138.43
retracement (61,8%) 138.50
Extensions (61.8%) 137.76
Extensions (100.0%) 137.53
Extensions (138.2%) 137.30
Extensions (161.8%) 137.16
calculation based on a Fibonacci retracement then today I choose sell
Trading Signal - 10/07/2014 - 10:00 GMT +3
Instrument: EURJPY
60min CHART
Upwards Strong
The market is testing support at 138.40. We are waiting to see reversal signals in order to reinstate
LONG positions. Next important support the 138.20 level.
Support & Resistances
138.40 138.80
138.20 139.50
138.00 140.00
http://dl.dropbox.com/u/51561036/scr...710-224736.jpg
The price broke the support at 137.9, which means that the price will continue going down. I expect it will retest the this support that turned into a resistance and then it is possible that will go to the level at 136.16.
http://i.imgur.com/WiF9SnE.png