Usd/Jpy

hi

i see the pair go up

so i will buy from :102.08
my stop loss 45 pips
my profit1: 102.50
my profit2: 102.97
good luck

Analysis of hours
As we see the pair break the strong resistance level of 50 Vioibnachy and see it closed candle rebound above the other and thus the general trend now is to climb to the top and was awaiting the pair completed his ascent until we reach the next resistance level of 38 Fibonacci level which is our goalhttp://store1.up-00.com/2014-02/1391773281214.pngمركز تحميل الصور

http://charts.mql5.com/3/819/usdjpy-...orex-group.png




we can see in the 4h chart
the pair can not close down the broken up trend line
I see the pair will go to up way to 103.02
stochastic refers that the pair will go up
so our target buy from 102.14 and our target will 88pips

the trend is still down
if indicates the trend is still trade down from :102.24
Recommendation: sell
Take profit1: 101.80
take profit2:101.41
Stop Loss :102.72

analysis for today 2 / 7 / 2013
USD/JPY (Daily Trade)

Resistance 3 103.21
Resistance 2 102.91
Resistance 1 102.71
Pivot Point 102.09
Support 1 101.51
Support 2 101.31
Support 3 101.01

BUY 102.71 STOP LOSS 101.51 TAKE PROFIT 102.91 OR 103.21

Analysis of hours
As we can see that the pair broke the strong resistance level of 50 Fibonacci and is considered the most powerful Fibonacci levels and thus wait to be shut down candle rebound above the other and therefore we expect the pair to continue to climb until we get to the next resistance level at level 38 is a Fibonacci targethttp://store2.up-00.com/2014-02/1391783337431.pngمركز تحميل الصور

USD/JPY analysis for today 2 / 7 / 2014


Resistance 3 103,21
Resistance 2 102,91
Resistance 1 102,71
Pivot Point 102,09
Support 1 101,29
Support 2 101,09
Support 3 100,79

BUY STOP 102,71 STOP LOSS 101,29 TAKE PROFIT 102,91 OR 103,21
SELL STOP 101,29 STOP LOSS 102,71 TAKE PROFIT 101,09 OR 100,79

pivot point Usd/Jpy friday, 02.07.2014
r3= 103.37
r2= 102.77
r1= 102.44
pp= 101.84
s1= 101.51
s2= 100.91
s3= 100.58

hi all,

i have my sell position @ 102.23

to be safe set my T/P @ 101.82

Also have a pending order buy @ 101.48

lets see what happens.

Trading Signal - 7/2/2014 - 10:00 GMT+2
Instrument: USD/JPY
60min CHART
Upwards Weak
A Medium probability, entry signal to go LONG was given at 101.90 after the market completed a bullish trend reversal pattern. Only the downward break of 101.20 would cancel the bullish scenario.
Support & Resistances
101.80 102.40
101.20 103.00
100.60 103.50

http://dl.dropbox.com/u/51561036/scr...208-012516.jpg