eurojpy

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=125.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=125.85. TP4: R2=126.1. Set the stoploss of these orders at breakout of S2=124.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=132.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=131.9. TP4: S2=131.5. Set the stoploss of these orders at breakout of R2=133.1. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...