Today 12/12/2013
Resistance and Support
R3: 169.89
R2: 169.48
R1: 169.09
Pivots: 168.64
S1: 168.12
S2: 167.78
S3: 167.31
Today 12/12/2013
Resistance and Support
R3: 169.89
R2: 169.48
R1: 169.09
Pivots: 168.64
S1: 168.12
S2: 167.78
S3: 167.31
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Update: 12 December 2013
resistance3: 169.99
resistance2: 169.46
resistance1: 168.89
Key point: 168.40
support1: 167.91
support2: 167.34
support3: 166.87
Buy: 168.48
Short target: 168.97
Long target:169.46
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today my analysis to open position BUY at market watch on 13:53 in currency pairs Gbp/Jpy with H1 timeframe and market position at 168.67,
because if my prediction of several indicators in Cricket Scalper shows there is a BULLISH signal on the Gbp/Jpy pairs
and Stoch(5, 3, 3) indicators are in position BREAK LOW and shows a OVERBOUGHT signal,
so the most appropriate order position is to perform open position BUY by placing a stop loss at 168.47 and take profit at 168.87
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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.
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 168.67 then also there are some indicators that I use as the Bollinger Bands is OVERSOLD, ADX is DOWN TREND, Stochastic is OVERBOUGHT.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order BUY at current market at 13:23 and use a stop loss and take profit of 100 pips
is the take profit at 168.97 and stop loss at 168.37
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Cci (14): 115.94
Bulls (13): 0.40
I see the in pair down trend
So I will sell from: 168.56
And my target today is:168.09
And target2 today is: 167.71
Good luck
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the pair price already touched daily resistance 1 level 168.90
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 168.00
so sell now from 168.56
the pivot point will be my target
stop loss will be above the resistance 1 level 168.90
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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=168.57, R2=168.34, R1=168.1, Pivots=167.87, S1=167.63, S2=167.4, S3=167.16 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Overbought on market position 168.89 so that the most appropriate step is to conduct an open position SELL with a stop loss of 169.19 and take profit at 168.59
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.
I use technical analysis of currency pairs GBPJPY in the market at 11:24 which is the current market position is at 167.74 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = Oversold, MACD = Down Trend, Parabolic SAR = Down Trend, Stochastic = Up Trend,
but it is by looking at the position on the market today gained 168.01 points pivots, yesterday high at 169.16 and yesterday low at 167.33 so support and resistance
R3 : 170.52
R2 : 169.84
R1 : 168.69
Pivots : 168.01
S1 : 166.86
S2 : 166.18
S3 : 165.03
of some of the analysis contained in the signal TREND DOWN at currency pairs GBPJPY, so the best step to open position SELL by set take profit at 167.44 and stop loss at 168.04. 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.
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