Probably the worlds best currency trader.
Enter The Dragon - GBP/JPY 2 replies
Info on the Borihei-Dragon Scalping System? 15 replies
The Dragon 441 replies
Scalping The Dragon 34 replies
***Dragon II*** 15 replies
DislikedOne example how I use ATR with DPs. Today best example (high volatility). I made a mistake to enter one time too early, didnt repeat it though. I entered at a better price then. ATR(24) at H1 chart = 1 day Chart H1 ► DP ATR reflection {image}Ignored
DislikedIts above 186.75/45, if she holds above you may see a squeeze to DP 187.80/60Ignored
DislikedOne example how I use ATR with DPs. Today best example (high volatility). I made a mistake to enter one time too early, didnt repeat it though. I entered at a better price then. ATR(24) at H1 chart = 1 day Chart H1 ► DP ATR reflection {image}Ignored
Disliked{quote} Finally, I am in as well, waited so long for this move and tell you honestly fear did set in and I did split the position and moved some down as you can see on the chart. Got a very good price for few there and some were left untouched. It was a sharp move as we were expecting for a few days. Will be holding these for a while for sure! You got excellent price as well. Well done! {image}Ignored
Disliked{quote} Hi Phanti, I traded this lovely beast in crisis and believe me swings or retraces like this leaves me cold since I expected some kind of retrace or profit taking here, just didnt know the extend.Ignored
Disliked{quote} shorted cable... still surprised about usd weakness this week....rly weak..Ignored
Disliked{quote} what happened here ???? picked the wrong day not to be by computer would of had a hard time selling though edit: good job for those who did catch itIgnored
Disliked{quote} I love when you ask me a question because I can give you the shortest answer and I know you'll immediately get me: Sentiment change at 188.60/40, yesterday's low taken out, downtrend established; long covering until 185.70/50, sellers entered market at 187.80/60 and 186.75/45, then excessive selling until 185.70/50 took place, shorts stuck at lower prices, shorts still covering, price still increasing.Ignored
Disliked{quote} déjà vu here mate, lets see if I can make you ride this beast another time but dont expect another 1500 pips So DP 185.70/50 rejected, thats good. Next is DP 187.80/60, what is most important. If this one is support you got an excellent entry for a longer trend. Next is 189.40/20 then, now lets assume this one gets taken out your target is 191.00/90.80 then. Potential profit margin around 500Pips but 186.75/45 must hold otherwise we probably see a test of 185.70/50 again. Like last time, when DP is hit, use your ATR to calculate your...Ignored
Disliked{quote} and 400+ pips later it just showed me how not to mess with the dragon did get a couple trades in last night that sort of gave me the idea that I didn't want to leave my buys open since they missed my TP by 1/2 pip at 188.20 and closed them manually at 03. it was just struggling to much to go higher and I figured it was due to the news did you sell and buy?Ignored