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Trading Signals Manual

Trading Signal - 01 / 09 / 2017 - 16:00 (GMT +3)


Instrument: GBPJPY
by: Chief Technical Strategist Avramis Despotis

Previous Close 142.38

Change -0.09 %

Current 142.38

52 Week High 147.37

52 Week Low 126.27

30 Days ATR 0.74

40 Weeks ATR 2.18

Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels

Position Entry SL

142.10 142.90
60min The market is in an uptrend and we are waiting for
BUY 142.90 142.10
CHART an entry signal to go LONG above the 142.90
141.50 143.50
Upwards resistance level. Only the downward break of
Trade P. TP1 TP2
Next 3 Days Strong 142.10 would cancel the bullish scenario.
140.70 144.40

Neutral Medium 143.50 144.40

Position Entry SL

240min 141.50 142.90 A Medium probability, entry signal to go LONG


CHART was given at 142.60 after the market found support LONG 142.60 141.50
140.90 143.70 at 141.50. Only the downward break of 141.50
Upwards
Next 3 would cancel the bullish scenario and take us Trade P. TP1 TP2
Strong
Weeks

139.80 145.00 SHORT.
Neutral Medium 143.70 145.00

Position Entry SL

Daily 139.20 143.50


The market is testing resistance at 143.50. We are
CHART SELL - -
waiting to see reversal signals in order to reinstate
137.50 145.20
Next 3 Downwards SHORT positions. Next important resistance the
Trade P. TP1 TP2
Strong 145.20 level.
Months 134.60 148.00

Neutral - - -

Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of
investment research.

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