1) Halifex is a minor indicator compared to what's coming up. It's worth nothing today because it's overshadowed by others (i.e. bank rate)
2) Data is positive by 0.3% only. This is not significant enough.
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
Disliked{quote} Yup. If this bounce continues, I'm pulling out with whatever losses I have. At the same time, if this falls back down, then it might have all been a preparation to go down to weekly lows. It would be a real dick move for the market to just dip back down and lower (i.e. bull trap) , but I'm not discounting that. Still, current situation isn't looking good or my short. I have my finger on the close button. It'll all depend on price action in the end.Ignored
Disliked{quote} Some support? Yes. But will it hold? It's less likely than the odds of it being breached..Ignored
Disliked{quote} Ignore U.K. halifex data entirely for today. Just look at price action. 1) Halifex is a minor indicator compared to what's coming up. It's worth nothing today because it's overshadowed by others (i.e. bank rate) 2) Data is positive by 0.3% only. This is not significant enough.Ignored
Disliked{quote} Morning, I don't think the BOE are allowed to change the rate this close to the election.Ignored
DislikedAmazing drop, I didn't catch it, but I feel that it's better to be on the fence than on the wrong side with these moves.Ignored
DislikedAmazing drop, I didn't catch it, but I feel that it's better to be on the fence than on the wrong side with these moves.Ignored
Disliked{quote} Refer to my recent posts. Edit: If you want, I can give you a more detailed response about why the gbp/usd dropped like stone at that point. It might take me some time to write though.Ignored
Disliked{quote} Update: Shorted at 1.48641. Not the most optimal short, but I'd prefer to get a clear signal to short rather than to risk a potential loss just so I can get the "best" price. Hard SL at 1.4900, manual soft SL. Targets: 1.48400, 1.4800, 1.47500.Ignored
Disliked{quote} No, i expect you want to go to bed. I think we typed our posts at the same time.Ignored
Dislikedgot short on both GJ and GA minutes before the fall. When it drops, with the news being nothing new, I think GJ has the potential to drop to 176.6 Since im already short those two i didn't want to jump into a 3rd pair, but, GN I think has the potential to hit 1.948Ignored
Disliked{quote} I also added another short at 1.48540 before the bounce and held it. A grand total of 2 whole lots shorting the gbp/usd. We've breached the initial target of 1.48400, so cautious people can move their SL to just above that, I guess. I'm still targeting below 1.4800, with the optimal target being 1.47500. {image} Congratulations to anyone else who shorted the gbp/usd along with me.Ignored
DislikedNice trading. I missed the start and I think its probably too late to jump on the wagon now.Ignored