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My daily trading,I hope the day is a success ...
GBP/JPY (Daily Trade)
Open : 157.30
Resistance : 157.93 158.13 158.43
Support : 157.20 157.00 156.70
High / Low : 157.75 / 157.11
Range : 64 pips
Running Price : 157.62
for intraday trade today suggest buy at the level 157.62, stop loss at the level 157.11 , target take profit at the level 158.43
===GOOD LUCK===
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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=159.65, R2=158.93, R1=158.11, Pivots=157.39, S1=156.57, S2=155.85, S3=155.03 indicates the following as well as I use other indicators such as zona trade that displays the zona signal BULLISH on market position 157.52 so that the most appropriate step is to conduct an open position BUY with a stop loss of 157.22 and take profit at 157.82
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GBP/JPY looks /pivot 1.57.40, likely the pair will target 158.13 but if the price fell below the pivot level, then this pair will probably go down to a level of 156.57.
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gbp/jpy
if we see the market with two indicator adx wilder(14) &
adx(14) in 1 hour timeframe.the value of two diferrent
indicator shows us that
adx wilder(14) level
style : 20.28
+di : 23.47
-di : 13.00
adx(14) level
adx : 37.40
+di : 24.31
-di : 9.11
so we can decide that the market trand is : up
timeframe : 1 hour
time : 0500 gmt
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Gbp/jpy analysis :
date : 09.13.13
time : 03:30 GMT
time frame : 15 min
current rate : 157.33
high : 157.68
low : 157.13
net change : 0.01%
overall trend : slightly bearish.
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.
A GBPJPY5 minutes, 1 hours to construct a rise in form, see near 157.8
---------- Post added at 11:31 AM ---------- Previous post was at 11:29 AM ----------
GBPJPY hour chart is head and shoulders bottom pattern, 5 minutes still no adjustment in place, such as withdrawing 157.20 long, low damage, target 1.5780
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Gbp/jpy analysis for 09.13.2013 by using pivot indicator.
r3: 159.66
r2: 158.93
r1: 158.12
pivot: 157.39
s1: 156.58
s2: 155.85
s3: 155.04
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.
today I am going to open position SELL at market watch 06:09 in currency pairs Gbp/Jpy with H1 timeframe and market position at 157.37,
because if my prediction of several indicators in Cricket Scalper shows there is a BEARISH signal on the Gbp/Jpy pairs
and Stoch(5, 3, 3) indicators are in position 75 and shows a BEARISH signal,
so the most appropriate order position is to perform open SELL position by placing a stop loss at 157.57 and take profit at 157.17
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.
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 157.46 then also there are some indicators that I use as the Bollinger Bands is TREND UP, ADX is TREND UP, Stochastic is TREND UP.
Then consider the position if the market trend is moving toward more leads TREND UP,
then I strongly encourage you to order BUY at current market at 05:42 and use a stop loss and take profit of 30 pips
is the take profit at 157.76 and stop loss at 157.16
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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