Thread: Gbp/Jpy
as expected this pair making a strong bearish movement right after the news release yesterday......and the support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon.....watchout at 129 - 128 area to enter long next week
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Winning signals - Profit signals.
Today Target Pair - GBP/JPY
Today main profit zone .
142.27 - 143.26 - 143.97
Today main support zone.
138.87 - 139.86 - 140.57
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
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UET (2020-02-28)
predictions for the day.
trading is risky if no analysis is done
GBP/JPY - is the currency pair we will be focusing on
major low levels also known as supports 139.47
major high levels also known as resistance - 140.20
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Dear friends
Forex is the best earning website if we knolldge of forex tradeing system we make there good and huge profit .
I advise you forex trade use only
RSI
And
Zigzag indicater
There you stop if u loss trade then stop if u make profit then u stop trade and take profit .
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.
UET (2020-02-28)
Trend represents one of the most essential concepts in technical analysis. All the technical analy- sis tools that an analyst uses have a single purpose: help to identify the market trend.The meaning of Forex trend is not so much different from its general meaning - it is nothing more than the direction in which the market moves. But more precisely, foreign exchange market does not move in a straight line, its moves are characterized by a series of zigzags which resemble successive waves with clear peaks and troughs or highs and lows, as they are often called.
As we mentioned above, forex trend is comprised of a series of highs and lows, and depending on the movement of those peaks and troughs one can understand the trend’s type on the market.
Though most people think that foreign exchange market can be either upward or downward, actu- ally there exist not two but three types of trends:
Uptrend Downtrend Sideways
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Bindas36 (2020-03-01), Mehboob bhai (2020-03-02), Unregistered (2)
GBP / JPY intraday: RSI is oversold
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* Our pivot point is at: 140.89.
Our preference: bearish below 140.89.
Alternative scenario: in excess of 140.89, the GBP / JPY could go to 141.37 and 141.66.
Comment: the RSI is below 30, which may show a downward trend that will continue or an oversold condition and therefore a technical recovery is necessary. We can compare the evolution of the RSI with the prices to detect the appearance of divergences between the two. The MACD is negative and below its signal line. The configuration is bearish. In addition, the prices are below their moving averages 20 and 50, currently located on 141.11 and 141.60.
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If a M15 close above 124.29 Buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 123.53 sell only and do not buy. If price closes back above it again do nothing
The range 124.29 and 123.53 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.
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.
Pivot, Resistance Levels and Support Levels for
GBP / JPY. For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 143.908
Resistance Level (R2): 143.218
Resistance Level (R1): 142.278
Pivot Point: 141.588
Support Level (S1): 140.648
Support Level (S2): 139.958
Support Level (S3): 139.018
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.
Version2 (2020-02-28)
GBP jpy specialized investigation market exchanging
Today investigation pattern : sell
The present cost and past expense is giving a straight signel that market will go down in business..
Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....
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.
Muhammad Kashif (2020-02-28), Version2 (2020-02-28)
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