Thread: Gbp/Jpy
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GBPJPY 16-12-13
GBPJPY is a triangle configuration. Market should break either side. Acceleration should occur above 169.82 or under 167.71 limits.
Key Point 167.68
Entry Point 168.75
Trendline 1 167.75
Trendline 2 167.80
Support 1 167.35
Support 2 166.48
Resistance 1 169.46
Resistance 2 170.69
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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=168.41, R2=168.18, R1=168.03, Pivots=167.80, S1=167.65, S2=167.42, S3=167.27 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Bullish on market position 167.89 so that the most appropriate step is to conduct an open position BUY with a stop loss of 167.59 and take profit at 168.19
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Fibonacci pivot point
Pair = GBPJPY
Resistance 3 = 170.67
Resistance 2 = 169.86
Resistance 1 = 169.36
Pivot Point = 168.56
Support 1 = 167.75
Support 2 = 167.25
Support 3 = 166.45
Result this day Monday, December 16, 2013
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MY ANALYSIST FOR pair TODAY,15 dec 2013 USING PIVOT POINT STRATEGY
BUY STOP :168.18
TP: 168.70
if price close under : 167.80
the pair will go to : 167.40
HAPPY ENJOY TRADING...
Last edited by rorbeno; 2013-12-16 at 04:08 AM.
price now: 168.22
buy price @ 157.43
profit in pips :1079
stop loss :164.00
Resistance 1: 169.27
Resistance 2: 169.44
support 1: 167.83
support 2: 167.66
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Today 15/12/2013
Resistance and Support
R3: 169.81
R2: 169.27
R1: 168.75
Pivots: 168.19
S1: 167.76
S2: 167.20
S3: 166.67
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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.
Cci (14): 42.40
Bulls (13): 0.13
I see the in pair up trend
So I will buy from: 168.19
And my target today is: 168.68
And target2 today is: 169.23
Good luck
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hi all,
i have my buy position @168.19
to be safe set my T/P @168.43
Also have a pending order sell @168.75
lets see what happens.
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Analysis for today15/12/2013
Resistance4: 170.34
Resistance3: 169.78
Resistance2: 169.23
Resistance1: 168.67
Pivot Point: 168.19
Support 1: 167.78
Support 2: 167.22
Support 3: 166.87
Support4: 166.43
Good luck
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