today i like to sell this pair @ 1.4510
my stop loss of the day @ 1.4533
half take profit for today @ 1.4492
and further half take profit @ 1.4480
today i like to sell this pair @ 1.4510
my stop loss of the day @ 1.4533
half take profit for today @ 1.4492
and further half take profit @ 1.4480
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Eur/aud analysis for 10.30.2013 by using pivot indicator.
r3: 1.4499
r2: 1.4460
r1: 1.4433
pivot: 1.4394
s1: 1.4367
s2: 1.4328
s3: 1.4301
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hi
i see the pair go dawn
i will sell from 1.4490
my stop loss 70 pips
my profit1 today: 1.4450
my profit2 today: 1.4380
good luck
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Standart Pivot Point - Support - Resistance
Update: 30 Oct 2013 04:53
Time Frame : Daily
PAIR : EURAUD
LOW : 1.435
HIGH : 1.4418
CLOSE : 1.4399
S3 : 1.4292
S2 : 1.4321
S1 : 1.436
Pivot : 1.4389
R1 : 1.4428
R2 : 1.4457
R3 : 1.4496
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there is a small bull flag building up under large bull flag and lows and highs are identical with a channel trendline and in order to buy this setup we need to break above 1.4450 and then we will surely test the highs of the extreme candle
regards
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the pair price already touched daily resistance 1 level 1.4505 and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 1.4450
so sell now from 1.4498
the pivot point will be my target
stop loss will be above the resistance 1 level 1.4505
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price now is 1.4498
Price Facing The 1.4475 Strong support
, If 4h Candle Close above It , We Can See 1.4545 As First Target
. If Close Again above This support 1.4545 , We Will See 1.4595 As 2nd Target
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I also have to study in this market and would u pls help to make me enough learnt in this sector of the market and pls tell fast and pls tell in English.
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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