this are very great eals in the market or i can say very great pairs of trading in the market i know that i will have to make sure that i trade very well and that way make the best in the market.
Thread: Gbp/Jpy
this are very great eals in the market or i can say very great pairs of trading in the market i know that i will have to make sure that i trade very well and that way make the best in the market.
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Gbp/jpy is sideway in range from 1.4507 to 1.4721 right now and it is very hard to predict the next direction of this pair . So i think we should wait for the opportunity carefully . We need to wait until the breakout happen at one support level and resistance level . Than we can enter and make it safely .
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Gbp/jpy analysis for 02.11.2013 by using : pivot indicator.
r3: 149.70
r2: 148.47
r1: 147.47
pivot : 146.24
s1: 145.24
s2: 144.01
s3: 143.01
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.
soch raha ki ye hammer price ku upar jane ke liye signal dita, lekin idar chat me hammer form hua ta ise liye 60 pips upar ja sakta hai, sure hamer dina
ka ya 4 gant ok mila to jada pips kama sakta hai trader
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the try is fluctuating around 125.16 which activates the morning steered scenario that remains valid nowadays as so much clearly as the try doesn't stabilize higher than the mentioned level. stability higher than those areas can drive the try higher out to retest 127. 22 areas.
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after the breakdown of the top 144 the pair started to trade in such a creepy hallway ... one candle on the top one down, but still can be seen that the graph still has a slope to the north, and most likely it will penetrate the hallway just to the top of the side trend ...: accute:
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GBPJPY At this moment this pair is trading at 146. 66/74 (-0.31%), looking at Average Exponential Indicator (ADX) we have a Neutral trend direction. If we look at Commodity Channel Index (CCI) it is at -14, giving us the advice that we should look for a Sell Situation. This in conjunction with the the Moving Average Convergence Divergence (MACD) at 0.0442, telling us that we should be in a Sell trend. This data help us to make a decision on the direction of price for this pair.
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in the h1 time frame the price has been break the support at 145.90 and close below the support. we can see now this pair in down trend. Macd indicator is also giving short signal so we can short this pair with stop loss 147.50 and target is 144.00
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An excessive front and back volatility has been witnessed in this forex pair over the week. I see a consolidation completion possibility at 145.50 region. After that we should expect a break in the 147.00 region today or within next week
Patience is Key.
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