MY ANALYSIST FOR pair TODAY,7 February 2014 USING PIVOT POINT STRATEGY
sell limit STOP : 167.73
TP: 167.32
if price close above : 168.20
the pair will go to : 168.65
HAPPY ENJOY TRADING...
Thread: Gbp/Jpy
MY ANALYSIST FOR pair TODAY,7 February 2014 USING PIVOT POINT STRATEGY
sell limit STOP : 167.73
TP: 167.32
if price close above : 168.20
the pair will go to : 168.65
HAPPY ENJOY 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.
Date: 7 February 2014
TRADING by using pivot indicator.
indicators today : buy
if price break up LEVEL : 167.58
the pair will go to : 167.90
and then go to level : 168.30
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Trading Signal - 7/2/2014 - 10:00 GMT+2
Instrument: GBP/JPY
60min CHART
Upwards Weak
A Medium probability, entry signal to go LONG was given at 166.20 after the market completed a bullish trend reversal pattern. Only the downward break of 164.70 would cancel the bullish scenario.
Support & Resistances
164.00 167.00
163.50 168.00
163.00 169.00
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hi all,
i have my buy position @ 167.55
to be safe set my T/P @ 167.91
Also have a pending order sell @ 168.37
lets see what happens.
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analysis for today 2 / 7 / 2014
GBP/JPY
Resistance 3 167,60
Resistance 2 167,30
Resistance 1 167,10
Pivot Point 166,62
Support 1 165,85
Support 2 165,65
Support 3 165,35
BUY STOP 167,10 STOP LOSS 165,85 TAKE PROFIT 167,30 OR 167,60
SELL STOP 165,85 STOP LOSS 167,10 TAKE PROFIT 165,65 OR 165,35
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analysis for today 2 / 7 / 2014
GBP/JPY (Daily Trade)
Resistance 3 167.44
Resistance 2 167.14
Resistance 1 166.94
Pivot Point 166.62
Support 1 166.97
Support 2 166.77
Support 3 166.47
BUY 166.94 STOP LOSS 166.97 TAKE PROFIT 167.14 OR 167.44
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pair- gbp/jpy
chart analysis time frame- m15
the price movement can see in the up trend channel pattern. this is moving down side from the resistance at the 167.55 level and falling but not able to break the pivot support at the 166.13 level. we can long this pair now with the stop loss at 165.50
good luck.
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the trend is still up
if indicates the trend is still trade above from :167.03
Recommendation: BUY
Take profit1: 167.50
take profit2: 167.90
Stop Loss : 166.68
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pivot point Gbp/Jpy friday, 02.07.2014
r3= 169.08
r2= 167.95
r1= 167.30
pp= 166.17
s1= 165.52
s2= 164.39
s3= 163.74
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hi
i see the pair go dawn
so i will sell from : 166.85
my stop loss 35 pips
my profit1: 166.30
my profit2: 165.90
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.
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