Thread: Eur/Jpy
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Unregistered (1)
time frame- M30
the price is having the up trend signal with the macd indicator and parabolic sar. in the price chart it is break the last resistance at the 130.95 and moving up side. the price will try to hit 132.00 level. we can long this pair with the stop loss at 130.20
good luck
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A pair of excellent works off a rebound from a long-term support level slope (tangent point 129.77), just a couple of aggressive wave broke through the 131.00 figure, now you can forget about selling, it seems the main purpose of the bulls once again the local maximum of 132.70, + MACD are working on a buy signal.
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On the currency pair on evroyena timeframe M15 signal was received at the opening of buy orders. As you can see the price immediately went to the refinement of the algorithm steps. So I'm waiting for pricing Maschke 600.
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today i like to sell this pair @ 130.88
my stop loss of the day @ 131.12
half take profit for today @ 130.58
and further half take profit @ 130.28
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Evroyenu some days I buy, but do not give the right price 131.04 (take it from me). So, if the purchase is not open, then open a fresh position from 130.10 earlier than dangerous. The objective is still the same 131.04. But if you go up without the rollback, the sale to open at 131.55 earlier. There is strong resistance for today.
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5 - minute chart, the price goes to the rollback. 30 minute chart the price has processed fractal shopping at 130.80. is also formed another fractal buy above 131.00 Perhaps the couple just ottobetsya from the mouth of an alligator and will continue to hike to the top.* sales seen below 129.90
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eur/jpy technical analysis by using : average directional movement
index wilder(14) & stochastic(5,3,3)
adx wilder(14) level
style : 17.92
+di : 26.36
-di : 17.72
stochastic(5,3,3)
main : 37.36
signal : 51.71
time : 1200
date : 01.08.2013
timeframe : 1 hour
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Eur/jpy technical analysis
date : 08.01.2013
time : 09:00 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 54.31
2) MACD (26,12,9)
value: -0.0563
3) ADX (14)
value: 24.45
4)CCI(14)
value: -10.07
overall trend - slightly bearish.
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I have started trading in demo account and used this pair and find it very easy to trade on as its to forecast it trend whether to buy or sell. It can be very easy to comprehend if someone takes start from this. I would like to gain enough experience of trading through it then will go for other pairs of currencies.
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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