SubscribeAs you see in my following attached chart, 1,2 and 3 shape has been formed, so bullish movements are expected targeting 89.80 initially.
Thread: Aud/Jpy
As you see in my following attached chart, 1,2 and 3 shape has been formed, so bullish movements are expected targeting 89.80 initially.
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today i like to buy this pair @ 88.73
my stop loss of the day @ 88.40
half take profit for today @ 88.93
and further half take profit @ 89.25
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Aud/jpy analysis :
date : 09.02.13
time : 04:45 GMT
time frame : 15 min
current rate : 88.38
high : 88.57
low : 87.75
net change : 0.41%
overall trend : slightly bullish.
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Aud/jpy analysis for 09.02.2013 by using pivot indicator.
r3: 88.441
r2: 88.164
r1: 87.750
pivot: 87.473
s1: 87.059
s2: 86.782
s3: 86.368
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Of observations by the method of technical analysis I have seen of the currency pairs Aud/Jpy and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 87.33 and there is support and resistance on the
- R3 : 88.81
- R2 : 88.37
- R1 : 88.07
- Pivots : 87.63
- S1 : 87.33
- S2 : 86.89
- S3 : 86.59
then I highly recommend you to open position SELL with
Take Profit is equal to 87.03 as well as Stop Loss at point 87.63
so that the target pips for today I think is at 150 pips
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That is good opinion if a person have another job he continue his job and keep work on Forex trading as a part time. As you said that it is non better that a person perform full time job in Forex trading, however I want to say that if a trader is expert in Forex then it is best full time.
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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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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AUDJPY is within the sideways pattern. When the set be successful in order to split 84, 038 I'll be searching for pants. We anticipate the actual set drop whenever this details the actual downwards trendline within the variety area We drawed presently there.
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Unregistered (1)
hi
we can see in the 1d chart
the pair will go up to fibo 23.6
I see the pair will go to up way to 90.91
stochastic refers that the pair will go up
so our target buy from 87.24 and our target will 367pips
Good luck
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AUDJPY(DAILY CHART)
INSIDE BAR setup entry ofter the mother candle break stop loss should be below of 86.40 and target will be 89.70. This is long traade setup pls use small lot. Dont take risk more than 2% of your account in single trade i am just taking 1% risk of my account.
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.
Unregistered (1)
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