Forex Market News FX charts. : USD/JPY Chart

Friday, May 15, 2015

USD/JPY Chart

Summary : Target Level : 120.2795Target Period : 3 days
Analysis :
Channel Down identified at 14-May-16:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 120.28 within the next 3 days.
Resistance Levels :
( B ) 120.2795Last resistance turning point of Channel Down.
Support Levels
( A ) 118.89Last support turning point of Channel Down.

No comments:

Post a Comment

Learning to Trade

We will be posting trading opportunities , trade at your own risk. Most of the charts have a 70 percent of being right but some can go the other way,that is the nature of trading.Forex market trading the fear of losing If you are a trader in the stock market losing trades are part of trading. One of the biggest emotional aspects in trading is to overcome the fear of losing. Having a losing trade causing you to have feeling of fear and pain from the loss. All good stock traders will except small loses and learn from the experience.Forex traders need to realize that they will have small loses its part of the trading game as they learn to play to win.Looking For a Set-and-Forget Strategy? They will adjust their trading strategy to keep losses small and their winning stock trades big. As a forex trader you need to learn what the successful traders are doing and study their trading style. This way you will limit your losses and keep them manageable. You need to work on your mind set that you will have losses in stock trading. Learning to trade with a mind set of not to lose is good to a certain point. Small losses are the price to be paid to be a consistence winner in the stock markets.

With this course you will master the success factors that will make you a winner in the markets. Then you can limit your time trading to just 90 minute per day, using methodology that’s been continually profitable since it was first developed it in the mid-1990s.