Resistance3=169.54 , Resistance2=168.98, Resistance1:=168.44 , Pivot Point=167.88 Support 1=167.34 Support 2=166.78 , Support 3=166.24
{Hope a good day for all of you good luck to all}
Thread: Gbp/Jpy
Resistance3=169.54 , Resistance2=168.98, Resistance1:=168.44 , Pivot Point=167.88 Support 1=167.34 Support 2=166.78 , Support 3=166.24
{Hope a good day for all of you good luck to all}
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Date: 17-12-2013
Time frame: 1h
High and low prices
High today is: 168.15
Low today is: 167.82
Total pips today: 33
So sell from: 168.06
Our target 1 is: 167.55
Our target 2 is: 167.03
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Resistance3=169.44 , Resistance2=168.94, Resistance1:=168.48 , Pivot Point=167.98 Support 1= 167.53 Support 2=167.03 , Support 3=166.57 {Hope a good day for all of you good luck to all}
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Fibonacci pivot point
Pair = GBPJPY
Resistance 3 = 168.98
Resistance 2 = 168.56
Resistance 1 = 168.30
Pivot Point = 167.88
Support 1 = 167.46
Support 2 = 167.20
Support 3 = 166.78
Result this day Tuesday, December 17, 2013
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in 1h chart
today i will buy this pair from : 168.03
our stop loss today : 167.60
half take profit for today : 168.50
and our take profit2 : 168.97
good luck
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I use scalping strategies on this currency pairs Gbp/Jpy so I prefer the short time that is the timeframe M15 and M30,
that's position market on 168.11 then also there are some indicators that I use as the Bollinger Bands is BREAK LOW, ADX is DOWN TREND, Stochastic is OVERSOLD.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order BUY at current market at 06:33 and use a stop loss and take profit of 100 pips
is the take profit at 168.36 and stop loss at 167.86
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GBPJPY still shows despite short-term neutral signal has been formed at 167.86. However, strong support will be seen above 167.59 to bring rebound. On the upside, decisive break of 168.40 is needed to confirm rally resumption. If not, we expect to extend the corrective trade.
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hi
i see the pair go dawn
so i will sell from : 168.05
my stop loss 50 pips
my profit1: 167.52
my profit2: 167.04
good luck
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analysis for today 12 / 17 / 2013
My daily trading,I hope the day is a success ...
GBP/JPY (Daily Trade)
Resistance : R1 168.59 R2 168.84 R3 169.04 R4 169.34
Support : S1 167.36 S2 167.11 S3 166.91 S4 166.61
Open : 167.87
High : 168.11
Low : 167.84
Range : 27 Pips
Running Price : 168.07
For intraday trade today suggest BUY at the level 168.07 stop loss at the level 167.36 target take profit at the level 169.04 or at the level 169.34
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analysis of several indicators that I use on gbp/jpy currency with M30 and H1 timeframes are in the form of pivots indicator R3=169.66, R2=169.11, R1=168.56, Pivots=168.01, S1=167.46, S2=166.91, S3=166.36 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Oversold on market position 168.08 so that the most appropriate step is to conduct an open position BUY with a stop loss of 167.88 and take profit at 168.28
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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