WE have type on most currency pairs here but the network i am using is very bad i still advise that you remain on buy orders with Gbp/jpy as the sentiment remains upward movement for now as my indicated analysis shows.
WE have type on most currency pairs here but the network i am using is very bad i still advise that you remain on buy orders with Gbp/jpy as the sentiment remains upward movement for now as my indicated analysis shows.
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today i like to buy this pair @ 150.27
my stop loss of the day @ 150.00
half take profit for today @ 150.60
and further half take profit @ 150.91
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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.
Trading Signal - 28/8/2013 - 10:00 GMT+3
Instrument: GBP/JPY
60min CHART
Downwards Strong
The market is testing resistance at 151.50. We are waiting to see reversal signals in order to reinstate SHORT positions, or alternatively the downward break of the 150.40 support level. Next important resistance the 152.30 level.
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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.
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.
on currency pairs GBPJPY I have predicted that there is a signal SELL in the time frame H1
because I was referring to the indicator fibbonaci and pivot indicator to see support and resistance at R3=155.45, R2=154.47, R1=152.64, Pivots=151.66, S1=149.83, S2=148.85, S3=147.02
so I suggest to perform the requisite order SELL to
Take Profit 150.63 and Stop Loss 151.23
a target is likely to move by 40 pips
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GBPJPY. since the previous day prices go down very sharply. it makes LSMA daily spontaneous turns into pointing down sharply after moving horizontally. The same thing is true for the weekly LSMA turned into pointng down sharply. then there is no other option than sell. because all references showed for fall. most likely the price will be towards 150.00. sell recommendation.
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Once in the prediction of several indicators for the technical analysis of currency pairs GBPJPY on the market today are at the 151.66 pivot then I recommend you to do the open position SELL with some criteria such as the following
You put a take profit at 150.72 positions. You put a stop loss at 151.12 positions
that's indicator Bollinger Bands is Bearish then Support and resistance at
Pivots = 151.66
R1 = 152.64
R2 = 154.47
R3 = 155.45
S1 = 149.83
S2 = 148.85
S3 = 147.02
For long-term targets remain SELL with a target of 60 pips profit
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My analysist for gbpjpy today, 28 august 2013
this strategy is using open day daily chart. So, my strategy is based on the open daily price.
This strategy is simple, just using dolly graphic. So my strategy is just using pending order.
Buy stop 151.00 tp 151.20 sl 150.60
sell stop 150.60 tp 150.40 sl 151.00
happy trading, may profit always with us
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.
Of observations by the method of technical analysis I have seen of the currency pairs Gbp/Jpy and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 150.96 and there is support and resistance on the
- R3 : 155.45
- R2 : 154.47
- R1 : 152.64
- Pivots : 151.66
- S1 : 149.83
- S2 : 148.85
- S3 : 147.02
then I highly recommend you to open position BUY with
Take Profit is equal to 151.26 as well as Stop Loss at point 150.66
so that the target pips for today I think is at 100 pips
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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