Forex Factory (https://www.forexfactory.com/forum.php)
-   Interactive Trading (https://www.forexfactory.com/forumdisplay.php?f=137)
-   -   Dragon Riders GBP/JPY (https://www.forexfactory.com/showthread.php?t=514697)

FloatingCha Jun 3, 2019 10:00pm | Post# 30681

price deciding ...... don't see any real move up yet ... but if it's comes will be a long road ..i will buy dip with mm no matter what a price goes down

bshappens Jun 4, 2019 4:44am | Post# 30682

price deciding ...... don't see any real move up yet ... but if it's comes will be a long road ..i will buy dip with mm no matter what a price goes down
It might not be a "long road"... just another retracement... then more down.

Things like this aren't supporting your theory:
https://www.forexfactory.com/news/92...nce-march-2018

To revert this either more people (companies) have to have the balls to invest... with insecurity (not just Brexit... but EU political vibes and global trade disputes) less people tend to have the balls.
Last weeks survey showed less loans were agreed.
Meaning the results might be the same during next quarter.

If the UK needs more exports... one way to achieve competitiveness is through GBP falling.

Based on happenings during the last two years (some companies/banks moving staff elsewhere in EU... also orders starting to stall, internal UK politics still in dispute, internal EU politics in dispute, UK-EU politics still in dispute - now after EU elections even more difficulties might arise) new business will not come itself.

PatienceFx Jun 4, 2019 7:56am | Post# 30683

1 Attachment(s)
long taken for 70 pips
Click to Enlarge

Name: GBPJPYH1.png
Size: 39 KB

PatienceFx Jun 4, 2019 8:14am | Post# 30684

long taken for 70 pips {image}
changed tp to 130 pips up

PatienceFx Jun 4, 2019 8:20am | Post# 30685

1 Attachment(s)
{quote} changed tp to 130 pips up
GJ may get a total range of 182 pips or more this week, may even go to 295 pips [ week high to low ]
Click to Enlarge

Name: a.png
Size: 65 KB

FloatingCha Jun 4, 2019 9:05am | Post# 30686

may reach 137.750 soon

ricmi Jun 5, 2019 2:50am | Post# 30687

1 Attachment(s)
GBPJPY , H&S patern ,bearish divergence.
Click to Enlarge

Name: GBPJPYM30.png
Size: 114 KB

FloatingCha Jun 5, 2019 3:46am | Post# 30688

{quote} GJ may get a total range of 182 pips or more this week, may even go to 295 pips [ week high to low ] {image}
still hold ? testing .450 again

FloatingCha Jun 5, 2019 4:43am | Post# 30689

750 done ! full profit from 136.750 100 pip best spot !

ArslanHyder Jun 6, 2019 8:12am | Post# 30690

Eyes on
Inserted Video

wallit Jun 6, 2019 10:00pm | Post# 30691

1 Attachment(s)
Still hold buy
Click to Enlarge

Name: Screenshot_20190607_095808_net.metaquotes.metatrader4.jpg
Size: 611 KB

PatienceFx Jun 7, 2019 3:48am | Post# 30692

1 Attachment(s)
Chance of long to 138.72
Click to Enlarge

Name: GBPJPYH4.png
Size: 32 KB

tiborf71 Jun 7, 2019 7:43am | Post# 30693

although a the but my money is in another pair
but the long position can be good for this pair now.

in the medium term.
d1

KeenPips Jun 9, 2019 5:05pm | Post# 30694

2 Attachment(s)
Here's my take on the GBPJPY, from a technical perspective.

Price action printed a relatively small bullish candlestick around the 136.500 horizontal support last week after making a bearish drive for four weeks. Should bulls manage further northward move, the horizontal resistance around the 139.960 monthly pivot is likely to be a barrier to a bullish drive. A break below the 136.500 level may give confidence to bears to drive price action further southwards.

On the daily time frame, the last five trading sessions printed primarily bullish candlesticks after a wave of bearish price action over several days. However, the bullish candlesticks were relatively miniature compared to the preceding bearish prints. Thus, the bullish move is corrective in nature. We may see bulls take price action to a value area, such as the immediate horizontal resistance around the 139.900 area before a southward turnaround. I am bearish GBPJPY.

I may be wrong. Trade safe and prosper.

KP

Click to Enlarge

Name: GBPJPY_June_9,_2019_W1.png
Size: 40 KB

Click to Enlarge

Name: GBPJPY_June_9,_2019_D1.png
Size: 40 KB

footimy Jun 10, 2019 10:44pm | Post# 30695

Hi All

How was the dragon riding doing? i ride this pair since 2008. i was burned, whipped, smashed, thrown and almost gave up in the process. Margin call all the time. Until recently i found out to ride the dragon is to follow it rhythm. Take what its give u. not what u think. Do not move if its not moving. if it's tail goes right you prepare for swing left and so forth. If its started to fly, hold on tight do not lose your grip, if u lose the grip, just wait until it goes down again and wait for another ride. This beast is awesome!

MrPresident Jun 10, 2019 10:57pm | Post# 30696

Hi All How was the dragon riding doing? i ride this pair since 2008. i was burned, whipped, smashed, thrown and almost gave up in the process. Margin call all the time. Until recently i found out to ride the dragon is to follow it rhythm. Take what its give u. not what u think. Do not move if its not moving. if it's tail goes right you prepare for swing left and so forth. If its started to fly, hold on tight do not lose your grip, if u lose the grip, just wait until it goes down again and wait for another ride. This beast is awesome!
Yep, go with the flow and not against it

bshappens Jun 12, 2019 8:30am | Post# 30697

Hi All How was the dragon riding doing? i ride this pair since 2008. i was burned, whipped, smashed, thrown and almost gave up in the process. Margin call all the time. Until recently i found out to ride the dragon is to follow it rhythm. Take what its give u. not what u think. Do not move if its not moving. if it's tail goes right you prepare for swing left and so forth. If its started to fly, hold on tight do not lose your grip, if u lose the grip, just wait until it goes down again and wait for another ride. This beast is awesome!
Hey footimy

I'd like to see some of your riding techniques in pics if possible...

hieuec Jun 12, 2019 8:55pm | Post# 30698

1 Attachment(s)
With Brexit event, I think GBPJPY will down
GBPJPY
sell limit at 137.9x
sl 138.28
tp1 136.8x
tp2 135.8x
Mid term 131.xx
long term 124.xx
Click to Enlarge

Name: 4F8D79FF-7C31-4536-8047-C2335723FAFC.png
Size: 394 KB

hieuec Jun 12, 2019 11:37pm | Post# 30699

1 Attachment(s)
With Brexit event, I think GBPJPY will down GBPJPY sell limit at 137.9x sl 138.28 tp1 136.8x tp2 135.8x Mid term 131.xx long term 124.xx {image}
GBPJPY
sell continue at 137.56
sl move to 137.78
Click to Enlarge

Name: 373C2A4B-3B8B-417B-B5B0-6564D6DB8B06.png
Size: 415 KB

ricmi Jun 13, 2019 3:34am | Post# 30700

1 Attachment(s)
GBPJPY, bullish butterfly.
Click to Enlarge

Name: GBPJPYM30.png
Size: 47 KB


© Forex Factory