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  • Trading Signal - 02/06/2015 - 10:00 (GMT +3)Instrument: USDJPYby: 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 Trend & Condition Support & Resistances Comments Position & TradeProbabilityEntry, Take Profit & Stop

    Loss Levels

    60minCHART

    Next 3Days

    Upwards StrongOversold 1

    124.40 125.00

    124.00 125.30

    123.50 125.80

    The TP1 has been reached. Weclosed 50% of our position andhave moved the Stop loss at thelock in profits level (124.00).Provided the market conditionswill remain the same the TP2 willbe reached soon.

    Position Entry SL

    LONG 124.00 124.00

    Trade P. TP1 TP2

    Medium 124.70 125.40

    240minCHART

    Next 3Weeks

    Upwards StrongNeutral

    123.50 125.00

    122.70 125.70

    121.30 126.40

    The TP2 (125.07) has beenreached. We closed theremaining 50% of our positionand now we are looking for thenext opportunity to enter themarket.

    Position Entry SL

    BUY - -

    Trade P. TP1 TP2

    Medium - 125.07

    DailyCHART

    Next 3Months

    Upwards StrongOverbought 2

    123.40 125.10

    122.40 125.80

    120.80 126.50

    The TP1 has been reached. Weclosed 50% of our position andhave moved the Stop loss at thelock in profits level (120.35).Provided the market conditionswill remain the same the TP2 willbe reached soon.

    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

    Trading Signal - 02/06/2015 - 10:00 (GMT +3)Instrument: USDJPYby: Chief Technical Strategist Avramis Despotis