Quotes with Resistance & Support
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Buy USD/ JPY – Book profits at 78.92

Posted on: August 9th, 2012 at 11:21 am

Technically this pair has strong resistance at 78.62 levels.. Once manages to cross 78.62, one can enter for a target of 78.90-79.

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18 Responses

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Comment pages: 12Show all

  1. CB Says:
    August 10th, 2012
    Posted at: 10:46 am

    Hi Sohan, yes.

    Hi dineshknp, yes, can trade with rs.2500. here is the link: http://www.etoro.com/A36256_TClick.aspx


  2. Sohan Says:
    August 10th, 2012
    Posted at: 3:18 pm

    Hello CB,

    Please let me know your opinion on the next support level. Its trading 7842 at present.

    Shall I hold it still.

    Sohan


  3. manivelan Says:
    August 10th, 2012
    Posted at: 6:36 pm

    Hello CB,

    Shall I hold(till next week) usd/jpy entered at 78.62 or exit today(friday)?.


  4. CB Says:
    August 11th, 2012
    Posted at: 2:15 am

    Hi Sohan, sorry! had been out all day. hold with sl near 78.10 for now.

    Hi manivelan, yes hold it. keep sl near 78.10


  5. dineshknp Says:
    August 13th, 2012
    Posted at: 10:28 am

    hi cb, can we tranfer fund to etoro through netbanking or debit card?


  6. CB Says:
    August 13th, 2012
    Posted at: 10:28 am

    Hi dineshknp, no, we can do it via credit card or paypal.


  7. Sohan Says:
    August 14th, 2012
    Posted at: 10:34 am

    Hello CB,

    Good Morning.
    Still holding USD/JPY. Its moving in range.

    Sohan


  8. CB Says:
    August 14th, 2012
    Posted at: 10:37 am

    Hi Sohan, Good morning. yes..


  9. Sohan Says:
    August 14th, 2012
    Posted at: 1:45 pm

    Hello CB,

    Thanks,

    Sohan


  10. CB Says:
    August 14th, 2012
    Posted at: 1:47 pm

    Hi Sohan, most welcome.


  11. Sohan Says:
    August 14th, 2012
    Posted at: 7:05 pm

    Hello CB,

    Yes booked at 7882.

    10 pips down because of that long bar in 5 min chart, i closed earlier.

    Thanks again for another rocking call, and good that i was still holding it after your suggestion.

    Sohan


  12. Sohan Says:
    August 14th, 2012
    Posted at: 7:08 pm

    Hello CB,

    Check this

    http://www.dailyfx.com/technical_analysis/elliott_wave/?elliottWave=USD/JPY

    Your opinion if this could be a possibility. Maybe I can re-enter for 20-25 pips.

    Sohan


  13. CB Says:
    August 15th, 2012
    Posted at: 2:07 am

    Hi Sohan, most welcome. would advice to wait for a day or 2. if still manages to trade above 78.70, can enter it.


  14. Sohan Says:
    August 15th, 2012
    Posted at: 2:20 pm

    Hello CB,

    What would be the target, I was looking for 7900 to 7912 levels.

    Presently trading at 7896, will wait for a day to see how this settles.

    Sohan


  15. CB Says:
    August 15th, 2012
    Posted at: 2:22 pm

    Hi Sohan, can test 79.30. hold for now.


  16. Sohan Says:
    August 16th, 2012
    Posted at: 4:26 pm

    Hello CB,

    Closed at 7925,thanks very much.

    A very good call, this recovered quite a bit in a day.

    Sohan

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