Thread: Gbp/Jpy
gbp/jpy market analysis by using : average directional movement index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 30.85
+di : 23.90
-di : 13.30
adx(14) levels
adx : 20.23
+di : 14.83
-di : 13.81
time : 1900
date : 19.07.2013
timeframe : 1 hour
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Gbp/jpy is unarguably the best pair ever, its spread is good, its trends are usually stable whether on a down trend or an up trend, i use it on all my accounts and it has never disappointed me ever.
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GBP/JPY Trading Signal - 19/7/2013 - 10:00 GMT+3 Upwards Strong
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level (151.60).
Provided the market conditions will remain the same the TP2 will be reached soon.
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time frame- H1
today the price is break the strong support and pivot point at the 152.39 but not able to move below the 152.20 level and making a pull up. now the price is making double top pattern. if this is close below the 152.90 we can short with the take profit at 152.00 and stop loss at the 153.20
good luck.
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pair GBPJPY per H1 schedule after a local maximum correction started down, I think that will fall to the level of 151.95 be rolled up and quite a bit on this level will be further forward to continuing the trend up to the level of 153.44 on today..
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today i like to sell this pair @ 153.22
my stop loss of the day @ 153.35
half take profit for today @ 152.88
and further half take profit @ 152.50
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The pound / yen is located in the uplink. During the current session, it fell to the bottom of the channel (152.15), but could not knock it. On the hourly timeframe price chart below Maschke, AC indicator in red and below the zero level, Stochastic enters into the overbought zone. Weather. It is unlikely that the pair will continue to decline, although the lower boundary of the channel is still under threat of breaking with the eventual goal of 151.787. More likely to develop the situation "bullish" scenario and the growth of the pair to 153.52.
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pair running away from 152.175
low after disappointed Japanese data
currency cross is trading at 152.457 well offer the pre_data session at the trading 152.175
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gbp/jpy market analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 19.07.2013
adx wilder(14) level
style : 33.08
+di : 23.87
-di : 14.10
adx(14) levels
adx : 29.11
+di : 17.69
-di : 11.89
time : 1400
timeframe : 1 hour
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GBP/JPY pair price already touched daily pivot point (152.515). Now the price is up trend. I think the price may touch Fibo 161.8 level.
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