The Breakout Opportunities system has just bought EURJPY at 131.888. The system recommends entering this trade at any price between 131.605 and 132.104. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.993, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 130.756 and a profit target has been set at the 1 Day ATR level at 132.752. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance. Signal ID: 59188 Time Issued: Wednesday, 03 October 2018 02:27:15 GMT Status: open Entry: 131.605 - 132.104 Limit: 132.752 Stop Loss: 130.756
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
79.79% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.