Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy all the many features of our fine community. Note that lewd or meaningless nicknames are prohibited (no numbers or letters at random) and please introduce yourself in the section for you to meet our community.
100-bonus-benefit
pcm brokers pcm brokers
Results 1 to 6 of 6
  1. #1
    Super Moderator
    Join Date
    Mar 2015
    Posts
    262
    Post Thanks / Like
    Credits
    222
    My Language
    English

    EUR/JPY Analysis: Nearest support level 125.81.



    No Doubt, right now we are with buy trend on this trading pair! But from the last month, there have few sell pressure, by the way till now I am with the bulls, but not going to open any buy trend instantly! Actually, I am waiting for the nearest support level 125.81. On this level, I’ll open my buy trade!

  2. #2
    Senior Trader
    Join Date
    Mar 2015
    Posts
    383
    Post Thanks / Like
    Credits
    110
    My Language
    English
    Quote Originally Posted by Steve nison View Post


    No Doubt, right now we are with buy trend on this trading pair! But from the last month, there have few sell pressure, by the way till now I am with the bulls, but not going to open any buy trend instantly! Actually, I am waiting for the nearest support level 125.81. On this level, I’ll open my buy trade!
    Maybe you are talking about long term trading overview! But, I have opened a short term trade from the level 128.10 (according to the intraday market context)! I used only 25 pips SL for this trade! On the other hand, right now I am with 135 pips profit; I am waiting for another 15 pips!

  3. #3
    Senior Trader
    Join Date
    Mar 2015
    Posts
    399
    Post Thanks / Like
    Credits
    80
    My Language
    English
    Thanks for your analysis! Last week I opened a buy trade here and unfortunately I lost that trade! Do you know, why sellers are moderating this pair, although there was a clear buy trend? If possible, please response here!

  4. #4
    Super Moderator
    Join Date
    Mar 2015
    Posts
    262
    Post Thanks / Like
    Credits
    222
    My Language
    English
    Quote Originally Posted by Andre Silva View Post
    Thanks for your analysis! Last week I opened a buy trade here and unfortunately I lost that trade! Do you know, why sellers are moderating this pair, although there was a clear buy trend? If possible, please response here!
    I got your point! Yes, there was a clean buy trend before this intermediate sell trend! Basically, if you open the weekly chart of EUR/JPY, than you see a clear historical range between 132.31 to 125.81; so this the area of hesitation; that’s way sellers are dominating right now! You can expect clear trend from the above or low of this idea or range!

  5. #5
    Senior Trader
    Join Date
    Mar 2015
    Posts
    399
    Post Thanks / Like
    Credits
    80
    My Language
    English
    Quote Originally Posted by Steve nison View Post
    I got your point! Yes, there was a clean buy trend before this intermediate sell trend! Basically, if you open the weekly chart of EUR/JPY, than you see a clear historical range between 132.31 to 125.81; so this the area of hesitation; that’s way sellers are dominating right now! You can expect clear trend from the above or low of this idea or range!
    Thanks a lot for your instant response Sir. It helped me a lot!

  6. #6
    Senior Trader
    Join Date
    Mar 2015
    Posts
    383
    Post Thanks / Like
    Credits
    122
    My Language
    English
    Well, today I found a buy trade signal on 129 level than I open this trade with 20 pips! In addition, according my profit ratio plan I have set my TP for 60 pips! Because, I use 1:3 profit ratio here! Yes, it’s a fixed profit ratio!

 

 

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBulletin® Version 4.2.4
Copyright © 2017 vBulletin Solutions, Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 05:55 PM.
CompleteVB skins shared by PreSofts.Com