Buy USD/ JPY – Exit positions at 78.25

Quotes with Resistance & Support

Market Information

Posted on: August 29th, 2012 at 10:44 am

Technically its near strong support of 78.30-78.40. One can enter at cmp: 78.58 for a target of 78.85-78.90

Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months

name

cell no.

manivelan Says:
August 29th, 2012
Posted at: 12:08 pm
Elliott: irregular flat correction down 78.07
It looks set to visit further lower territory down to around 78.39. Its corrective attempts should fail ahead of 78.70. Stop loss above 78.90 zone.
Warning: Imminent end of bearish move
siva Says:
August 29th, 2012
Posted at: 8:54 pm
Hi CB, Can we trade with first deposit of 50$ in eToto?
siva Says:
August 29th, 2012
Posted at: 8:56 pm
hi,what is the margin required to trade one lot of USDJPY?
CB Says:
August 29th, 2012
Posted at: 9:41 pm
Hi siva, yes. 1 lot with minimum risk would cost $25
manivelan Says:
August 30th, 2012
Posted at: 7:50 am
usd/jpy on 30/08/2012
=================
Elliott: impulse wave up 79.17
It should trade higher to 78.84 while 78.66 or 78.60 offers support. Stop loss below 78.53 zone.
manivelan Says:
August 31st, 2012
Posted at: 11:19 am
usd/jpy on 31/08/2012
=================
Elliott: elongated flat correction up 79.08
Corrective dips should halt near 78.38 for one more thrust upwards towards 78.69. Stop loss below 78.25 zone.
Warning: Harami
Sohan Says:
September 3rd, 2012
Posted at: 9:06 am
Hello CB,
I closed this on friday, was looking weak. I closed at 7838,
Sohan
CB Says:
September 3rd, 2012
Posted at: 9:07 am
Hi Sohan, ok.. yes, did manage to break its support level.