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Thread: Gbp/Jpy

  1. #6061
    Banned amine27482 is an unknown quantity at this point amine27482's Avatar
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    I love thee to the aspects of my sincere thanks and gratitude for this excellent subject and of paramount importance and is very useful and will be
    They are the biggest winner in the junior members of the forex market and always forward .

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  2. #6060
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gbp/jpy
    chart analysis time frame- m30



    the price is moving up side from the support at 170.65 level but its not able to break the resistance of the fibo level 50 at the price 171.65 level and again moving down side. if this is break the support 171.30 then its down movement can expected to the 170.50 level. short with the stop loss at 172.00
    good luck

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  3. #6059
    Senior Member edmar6969 will become famous soon enough edmar6969's Avatar
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    Trading Signal - 11/08/2014 - 10:00 GMT +3
    Instrument: GBPJPY
    60min CHART
    Downwards Weak

    Waiting for the upward break of 171.50 resistance level, which will complete a bullish trend
    reversal pattern to go LONG. Only the downward break of 170.70 would cancel the bullish
    scenario and take us SHORT.
    Support & Resistances
    170.70 171.50
    170.30 172.40
    169.50 173.50

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  4. #6058
    Senior Member KAUL has a spectacular aura about KAUL has a spectacular aura about KAUL's Avatar
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    http://prntscr.com/4bzvm0
    analysis for today 8 / 12 / 2014

    GBP/JPY

    Resistance : R1 172.14 R2 172.39 R3 172.59 R4 172.89
    Support : S1 170.97 S2 170.72 S3 170.52 S4 170.22

    Open : 171.54
    High : 171.72
    Low : 171.39
    Range : .33 Pips
    Running Price : 171.53

    Strategy : SELL at the level 171.53 stop loss at the level 172.14 target take profit at the level 170.52 or at the level 170.22

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  5. #6057
    Senior Member Emi will become famous soon enough Emi will become famous soon enough Emi's Avatar
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    http://prntscr.com/4bymab
    analysis for today 8 / 12 / 2014
    Below is the formula to determine the pivot point, support and resistance.
    Information candle GBPJPY on the date 8 / 11 / 2014
    OPEN 171.47
    HIGH 171.62
    LOW 171.24
    CLOSED 171.55

    The third resistance (R3) 171.62 - ( 171.47 - 171.24 = 0.23 x 2 = 0.46 )= 172.08
    The second Resistance (R2) 171.47 + 171.62 - 171.24 = 171.85
    First resistance (R1) 171.47 x 2 = 342.94 - 171.24 = 171.70
    pivot points 171.62 + 171.24 + 171.55 = 514.41 / 3 = 171.47
    Support for the first (S1) 171.47 x 2 = 342.94 - 171.62 = 171.32
    Support second (S2) 171.47 - ( 171.62 - 171.24 = 0.38 ) = 171.09
    Third Support (S3) 171.24 - ( 171.62 - 171.47 = 0.15 x 2 = 0.30 )= 170.94

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  6. #6056
    Banned Gamabunta will become famous soon enough Gamabunta will become famous soon enough Gamabunta's Avatar
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    There is a resistance line at 171.55. and i don't think that the price will can break it.
    I think that we should put a sell limit order at 171.55 with take profit at 170.69 and stop loss at 171.65.

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  7. #6055
    Banned BURHANFX will become famous soon enough BURHANFX will become famous soon enough BURHANFX's Avatar
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    http://prntscr.com/4brspv
    analysis for today 8 / 11 / 2014
    GBP/JPY (Daily Trade)
    I think the movement is still in a bearish trend
    retracement (38.2%) 171.17
    Retracement (50%) 171.32
    retracement (61,8%) 171.46

    Extensions (61.8%) 169.96
    Extensions (100.0%) 169.50
    Extensions (138.2%) 169.04
    Extensions (161.8%) 168.75
    calculation based on a Fibonacci retracement then today I choose sell

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  8. #6054
    Senior Member KAUL has a spectacular aura about KAUL has a spectacular aura about KAUL's Avatar
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    http://prntscr.com/4bmg4z
    analysis for today 8 / 11 / 2014

    GBP/JPY

    Resistance : R1 171.99 R2 172.24 R3 172.44 R4 172.74
    Support : S1 170.72 S2 170.47 S3 170.27 S4 169.97

    Open : 171.47
    High : 171.47
    Low : 171.24
    Range : 23 Pips
    Running Price : 171.39

    Strategy : SELL at the level 171.39 stop loss at the level 171.99 target take profit at the level 170.27 or at the level 169.97

    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.


  9. #6053
    Senior Member Emi will become famous soon enough Emi will become famous soon enough Emi's Avatar
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    http://prntscr.com/4b1xo1
    analysis for today 8 / 11 / 2014
    Below is the formula to determine the pivot point, support and resistance.
    Information candle GBPJPY on the date 8 / 8 / 2014
    OPEN 171.84
    HIGH 171.92
    LOW 170.71
    CLOSED 171.16

    The third resistance (R3) 171.92 - ( 171.26 - 170.71 = 0.55 x 2 = 1.11 )= 173.03
    The second Resistance (R2) 171.26 + 171.92 - 170.71 = 172.47
    First resistance (R1) 171.26 x 2 = 342.53 - 170.71 = 171.82
    pivot points 171.92 + 170.71 + 171.16 = 513.79 / 3 = 171.26
    Support for the first (S1) 171.26 x 2 = 342.53 - 171.92 = 170.61
    Support second (S2) 171.26 - ( 171.92 - 170.71 = 1.21 ) = 170.05
    Third Support (S3) 170.71 - ( 171.92 - 171.26 = 0.66 x 2 = 1.31 )= 169.40

    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.


  10. #6052
    Senior Member roobin54 is an unknown quantity at this point roobin54's Avatar
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    On the daily TF, a bullish channel ceiling breaking is on-sight. We are expecting the price to drop if the price stabilized below the channel well enough. On the other hand, this analysis would be rescinded if the price breached into the channel.


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