Usd/Jpy

[arjun]

Evaluation For Yesterday:
-

Trend formed:
oops, candle heiken formed does not show a clear trend. two tailed and trapped inside the lines sma5.actually better to wait for the next candle is formed so that the trend was clear, but I took the risk by placing a buy limit at the lowest price ever.

Position For Order:
Position 1 ==> buy limit @ 80.19

Money Management (MM):
Use multilevel lot. .... Position 3 > position 2 > position 1.
Stop Loss and Target Propit up to you, I like to cut loss and cut profits.

Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules .

[arjun]

prices were not reflecting in low sma5 h4, but at low sma5 daily. I forgot to keep it in the area. for the future, always consider the two lines.

[Victoryindia]

The current trend upward trend and target 80.65, then 80.80 Stop Loss 80.35 if headed for the lowest price breakers 80.35 points, the trend turn to the downside targeting 80.15 and 80

[arjun]

movement yesterday was UP, but I was too far BUY LIMIT. should I plug in the "SMA 5 HIGH " with the " EMA 8". should profit yesterday, but it does not matter, just think for a lesson. then wait for the price at only 80.40. This seems to be executed, because the prices are very close.

[Victoryindia]

the pairs failed to break below 79.69 support and rebounded from 80.00, suggesting that sideways movement is underway, range trading between 79.58 and 82.22 is expected to go on in the near futur.

[s19]

see the chart its now at strong resistance and support level...wait for cross it. and we can put accourding to crossing trend.

update- this pair cross the strong resistance area..we can go for buy..and my target is 81.00 price level

[arjun]

buy...buy...buy..marbels already lined up. we can directly open a buy position, or waiting at 80.30 points. good luck.

[Victoryindia]

The previous week saw usdjpy consolidate at 81.04 and resume downtrend. (4hr/1d).
as of late, i think resistance is now established at 80.36.
break of support at 80.00 maybe expected and later on 79.70.

[s19]

see the chart its now at strong resistance and support level...wait for cross it. and we can put accourding to crossing trend.

[arjun]

USD/JPY ---> TF H1
Time: 22.06.11 04:53 GMT

Name Value Action

RSI(14) 58.676 Buy
STOCH(9,6) 65.475 Buy
STOCHRSI(14) 100 Overbought
MACD(12,26) 0.0172 Buy
ADX(14) 42.874 Buy
Williams %R -26.389 Buy
CCI(14) 75.8806 Buy
ATR(14) 0.0581 Less Volatility
Highs/Lows(14) 0.025 Buy
Ultimate Oscillator 45.236 Sell
ROC 0.135 Buy
Bull/Bear Power(13) 0.0661 Buy

Buy: 9 Sell: 1 Neutral: 1 Indicators Summary: STRONG BUY