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    En Usdjpy 20150602 M

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    Cikgu Saiful
    The technical strategist provides a trading signal for USDJPY, noting that the currency pair is in an upwards strong trend in the short, medium, and long term. Support and resistance levels are given for different timeframes. In the short term, the first take profit level has been reached and half the position has been closed with the stop loss moved higher. In the medium term, the second take profit level was reached and the remaining position closed. In the long term, the first take profit was reached and half the position closed with the stop loss adjusted higher, anticipating the second take profit level will be reached soon if conditions remain the same.

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    En Usdjpy 20150602 M

    Uploaded by

    Cikgu Saiful
    26 views1 page
    The technical strategist provides a trading signal for USDJPY, noting that the currency pair is in an upwards strong trend in the short, medium, and long term. Support and resistance levels are given for different timeframes. In the short term, the first take profit level has been reached and half the position has been closed with the stop loss moved higher. In the medium term, the second take profit level was reached and the remaining position closed. In the long term, the first take profit was reached and half the position closed with the stop loss adjusted higher, anticipating the second take profit level will be reached soon if conditions remain the same.

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    usdjpy

    Original Title

    EN-USDJPY-20150602-M

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    The technical strategist provides a trading signal for USDJPY, noting that the currency pair is in an upwards strong trend in the short, medium, and long term. Support and resistance levels are given for different timeframes. In the short term, the first take profit level has been reached and half the position has been closed with the stop loss moved higher. In the medium term, the second take profit level was reached and the remaining position closed. In the long term, the first take profit was reached and half the position closed with the stop loss adjusted higher, anticipating the second take profit level will be reached soon if conditions remain the same.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    26 views1 page

    En Usdjpy 20150602 M

    Uploaded by

    Cikgu Saiful
    The technical strategist provides a trading signal for USDJPY, noting that the currency pair is in an upwards strong trend in the short, medium, and long term. Support and resistance levels are given for different timeframes. In the short term, the first take profit level has been reached and half the position has been closed with the stop loss moved higher. In the medium term, the second take profit level was reached and the remaining position closed. In the long term, the first take profit was reached and half the position closed with the stop loss adjusted higher, anticipating the second take profit level will be reached soon if conditions remain the same.

    Copyright:

    © All Rights Reserved
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    of 1

    Trading Signal - 02/06/2015 - 10:00 (GMT +3)

    Instrument: USDJPY
    by: Chief Technical Strategist Avramis Despotis

    Previous Close

    124.67

    Change

    -0.13 %

    Current

    124.66

    52 Week High

    125.05

    52 Week Low

    101.19

    30 Days ATR

    0.58

    40 Weeks ATR

    1.55

    Time

    60min
    CHART

    Next 3
    Days

    240min
    CHART

    Next 3
    Weeks

    Daily
    CHART

    Next 3
    Months

    Trend & Condition

    Upwards Strong

    Oversold 1

    Upwards Strong

    Neutral

    Upwards Strong

    Overbought 2

    Support & Resistances

    124.40

    125.00

    124.00

    125.30

    123.50

    125.80

    123.50

    125.00

    122.70

    125.70

    121.30

    126.40

    123.40

    125.10

    122.40

    125.80

    120.80

    126.50

    Comments

    The TP1 has been reached. We


    closed 50% of our position and
    have moved the Stop loss at the
    lock in profits level (124.00).
    Provided the market conditions
    will remain the same the TP2 will
    be reached soon.

    The TP2 (125.07) has been


    reached. We closed the
    remaining 50% of our position
    and now we are looking for the
    next opportunity to enter the
    market.

    The TP1 has been reached. We


    closed 50% of our position and
    have moved the Stop loss at the
    lock in profits level (120.35).
    Provided the market conditions
    will remain the same the TP2 will
    be reached soon.

    Position & Trade Entry, Take Profit & Stop


    Probability
    Loss Levels
    Position

    Entry

    SL

    LONG

    124.00

    124.00

    Trade P.

    TP1

    TP2

    Medium

    124.70

    125.40

    Position

    Entry

    SL

    BUY

    Trade P.

    TP1

    TP2

    Medium

    125.07

    Position

    Entry

    SL

    LONG

    120.35

    120.35

    Trade P.

    TP1

    TP2

    High

    124.30

    128.00

    12, Richard & Verengaria Street Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus P.O.Box 50626, 3608 Limassol, Cyprus

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