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-   -   Dragon Riders GBP/JPY (https://www.forexfactory.com/showthread.php?t=514697)

Kimjoun Nov 9, 2018 1:58am | Post# 29841

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tp or be?
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MzansiObi Nov 9, 2018 2:05am | Post# 29842

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{quote} Robby, Im in short 146.817 Took that short on Friday just before markets closed. h4 Had a bit of a nice bearish pin . without any specific news etc, Am assuming the Gap up was due to Fridays profit taking hence the DIP and then the bulls just filled their orders when markets opened. Just an assumption on my part Im watching the descending trendline from the beginning of the year on the daily..... a break and close above that will guide my bias . I remain Bearish in this pair till its broken. Just trying to see levels on smaller time frames...

Morning Traders.

Just to show why we have been taking Jabs at this bad boy all week.
The descending daily trendline as come into play again today.
Its all about levels.

Stay Green.
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Cicciobello Nov 9, 2018 2:16am | Post# 29843

i will be seller all the day.I think the up trend is finish.

Erebus Nov 9, 2018 3:10am | Post# 29844

{quote} Sold the 149.41, looks like good decision to let that trade go. Small profits here and there makes good money all together, but true, not as easy as taking a good trend. I guess you wanted to show that you're close to double the account? or? ... money matters not %! ('hit it big' might give you surprises ...)
It's all good now buddy, I'm short on the signal and with you guys.... unless you start calling for BUY


Cicciobello Nov 9, 2018 4:19am | Post# 29845

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Suj Nov 9, 2018 4:23am | Post# 29846

{image}
yeh but these economic news can change the direction. its still in bullish mode at 148

Cicciobello Nov 9, 2018 4:34am | Post# 29847

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first attak of the price against moving average.I think it will fail
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MzansiObi Nov 9, 2018 6:50am | Post# 29848

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Placed a pending Buy order due to bounce off of LWMA on 4hr chart thats in downtrend.
Sell limit order placed at retest of the daily descending trendline from years high that was broken.

Hope it makes sense.
Stay Green
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Suj Nov 9, 2018 7:09am | Post# 29849

It's heading back up..my sl is 148 and tp 149. I get I get..happy wknd

MzansiObi Nov 9, 2018 7:11am | Post# 29850

It's heading back up..my sl is 148 and tp 149. I get I get..happy wknd
Its fine let it retrace, theres still lots of fire power coming.
Look at the bears momentum thus far, viewing any pull back as opportunity to load more shorts...
148.5-148.6

Cicciobello Nov 9, 2018 11:37am | Post# 29851

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Price attack to average simple failed
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Cahir85 Nov 9, 2018 11:47am | Post# 29852

Price deflected on the Fib line several times from the recent high on the 1h tf. Looked like consolidation, and the down trend continuing now.

Been short since 149. Have my sl at be +10.

Hope to see this continue.

Cicciobello Nov 9, 2018 11:53am | Post# 29853

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Its strange how when the price is far from average of 100 pips there is a good probability of price reaction
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Cicciobello Nov 9, 2018 12:13pm | Post# 29854

it is possible to go in week end ovenight
the nex week possible others short

MzansiObi Nov 9, 2018 3:37pm | Post# 29855

Weekly close and aggressive selloff today speaks volumes.

Stay green guys.

Lets continue picking those levels.

Regards

Cahir85 Nov 9, 2018 4:37pm | Post# 29856

Price deflected on the Fib line several times from the recent high on the 1h tf. Looked like consolidation, and the down trend continuing now. Been short since 149. Have my sl at be +10. Hope to see this continue.

Sl now at +125 pips. Not sure how low this one can go. Is 143 achievable?

forgotlogin Nov 9, 2018 4:50pm | Post# 29857

{quote} Sl now at +125 pips. Not sure how low this one can go. Is 143 achievable?
well 143 will definitely be hit, but it will probably be safer to TP 144.. may be a bounce and another opportunity to short

jereajali Nov 11, 2018 9:45pm | Post# 29858

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{quote} Sl now at +125 pips. Not sure how low this one can go. Is 143 achievable?
what if its trying to make an M?
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MzansiObi Nov 12, 2018 1:54am | Post# 29859

Morning Traders.

Plan for the week, will be using and looking at any rallies to go short.

Current short entered/order got filled at 147.400.(SL at BE) half position closed and TP Open.


Levels im watching and looking for entry signals are (all with a 20pip SL)
147.248
147.700
148.000
149.489

Cicciobello Nov 12, 2018 5:17am | Post# 29860

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Closed my sell trades!!!
good gain

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