SubscribeMy analysist for gbpjpy today,05 july 2013 using pivot point strategy
daily pivot point 151.24
buy stop 151.44 tp 151.64 sl 150.84
sell stop 151.04 tp 150.84 sl 151.64
happy enjoy trading...
Thread: Gbp/Jpy
My analysist for gbpjpy today,05 july 2013 using pivot point strategy
daily pivot point 151.24
buy stop 151.44 tp 151.64 sl 150.84
sell stop 151.04 tp 150.84 sl 151.64
happy enjoy trading...
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elliott irregular flat correction up 153.56 it should try higher up to 152.85 - 153.39 entry point 152.32 or 151.96 after this rise a correction is expected
support and resistances
res2 154.10
res1 153.39
piovt 152.32
sup1 151.24
sup2 150.53
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GBP/JPY pair is now down trend. The price already breakout daily pivot point (152.318). I think the price may touch daily support 1 level (151.622).
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today i like to sell this pair @ 152.30
my stop loss of the day @ 152.55
half take profit for today @ 152.00
and further half take profit @ 151.60
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time frame- H1
the up movement of the price is now try to turn in down trend. the price is rejected fromt he 152.80 level and now it is try to close below the pivot point at 152.24. the rsi indicator is also giving us short signal. we can short this pair with the take profit at 151.50 and stop loss at the 153.20
good luck
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Gbp/jpy analysis for 07.04.2013 by using pivot indicator.
r3: 155.09
r2: 154.02
r1: 153.31
pivot: 152.24
s1: 151.53
s2: 150.46
s3: 149.75
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My analysist for gbpjpy today,04 july 2013 using pivot point strategy
buy stop 152.79 tp 152.99 sl 152.19
sell stop 152.39 tp 152.19 sl 152.99
happy enjoy trading...
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 like to sell this pair @ 152.44
my stop loss of the day @ 152.77
half take profit for today @ 152.00
and further half take profit @ 151.73
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.
time frame- H1
the price is moving up trend but now it is try to hold at the 152.70 level. the rsi indicator is also at the overbought side. the price may be falling. we can take a short entry with breaking the support or pivot point at 152.10 with the target at 151.25 and stop loss at the 153.00
good luck
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.
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