Eurjpy strong buy 141.65 and target take profit 142.10 stop loss 141.50
Thread: Eur/Jpy
Eurjpy strong buy 141.65 and target take profit 142.10 stop loss 141.50
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I think that this pair of the best couples to work through them and trading as well as the euro-dollar success and can profit big two
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Trading Signal - 12/12/2013 - 10:00 GMT+3
Instrument: EUR/JPY
Upwards Strong
The market is testing support at 141.00. We are waiting to see reversal signals in order to reinstate LONG positions, or alternatively the upward break of the 142.20 resistance level. Next important support the 140.50 level.
Support & Resistances
141.00 142.20
140.50 142.70
140.00 143.20
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Today 12/12/2013
Resistance and Support
R3: 142.98
R2: 142.53
R1: 142.18
Pivots: 141.62
S1: 141.23
S2: 140.77
S3: 140.29
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Update: 12 December 2013
resistance3: 142.98
resistance2: 142.34
resistance1: 141.89
Key point: 141.34
support1: 141.00
support2: 140.46
support3: 146.05
Buy: 141.51
Short target:141.99
Long target:142.48
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today my analysis to open position SELL at market watch on 13:56 in currency pairs Eur/Jpy with H1 timeframe and market position at 141.62,
because if my prediction of several indicators in Cricket Scalper shows there is a BREAK LOW signal on the Eur/Jpy pairs
and Stoch(5, 3, 3) indicators are in position OVERBOUGHT and shows a OVERSOLD signal,
so the most appropriate order position is to perform open position SELL by placing a stop loss at 141.82 and take profit at 141.42
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the pair price already touched daily resistance 1 level 141.90
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 141.00
so sell now from 141.56
the pivot point will be my target
stop loss will be above the resistance 1 level 141.90
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Unregistered (1)
Cci (14): 43.20
Bulls (13): 0.11
I see the in pair down trend
So I will sell from: 141.53
And my target today is:141.09
And target2 today is:140.62
Good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I use scalping strategies on this currency pairs Eur/Jpy so I prefer the short time that is the timeframe M15 and M30,
that's position market on 141.49 then also there are some indicators that I use as the Bollinger Bands is BREAK HIGH, ADX is UP TREND, Stochastic is BREAK HIGH.
Then consider the position if the market trend is moving toward more leads BREAK HIGH,
then I strongly encourage you to order SELL at current market at 13:12 and use a stop loss and take profit of 50 pips
is the take profit at 141.19 and stop loss at 141.79
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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