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Dragon Riders GBP/JPY

  • #23,341
  • Feb 26, 2017 5:57pm Feb 26, 2017 5:57pm
Quoting cyguy
{quote} brexit?
A brexit within a brexit. I think Scotland wants to leave Britain! Everything is breaking up.
You came here for the truth and let me unveil it for you
  • #23,342
  • Feb 26, 2017 5:58pm Feb 26, 2017 5:58pm
Quoting RondaRousey
why is GBP falling? anyone? I shorted this 3 days ago
Just loads of poor news around on the pound

Also there is the month end flows which don't help- check the EURGBP
  • #23,343
  • Feb 26, 2017 6:45pm Feb 26, 2017 6:45pm
Using my imagination
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Dragon Rider
  • #23,344
  • Feb 26, 2017 9:08pm Feb 26, 2017 9:08pm
Could be a ranging day.....my heart says buy but my mind tells to wait for confirmation.

Some trade ideas-->
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Dragon Rider
  • #23,345
  • Feb 27, 2017 12:12pm Feb 27, 2017 12:12pm
199 pips
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Dragon Rider
  • #23,346
  • Feb 27, 2017 2:13pm Feb 27, 2017 2:13pm
barloc those were some real nice moves you took.
  • #23,347
  • Feb 27, 2017 7:06pm Feb 27, 2017 7:06pm
How bout that 742....yessirr
  • #23,348
  • Feb 27, 2017 7:48pm Feb 27, 2017 7:48pm
So, it stabbed down to .69........buy 11 pips lower if it goes there, it's up for a quicky 125 pips

lately the market has morphed, it gives us little whipsaws....11 to 15 pips and if the operators are desperate, 22 pips past the reasonable norm.....past an elliott wave target and a fibo extension
  • #23,349
  • Feb 27, 2017 11:47pm Feb 27, 2017 11:47pm
The next 3 days have red GBP news---> incoming breakout!!
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Dragon Rider
  • #23,350
  • Feb 27, 2017 11:55pm Feb 27, 2017 11:55pm
Quoting barloc
The next 3 days have red GBP news---> incoming breakout!! {image}
What if it's a whipsaw
  • #23,351
  • Feb 28, 2017 12:25am Feb 28, 2017 12:25am
Quoting Noors
Hey guys, This is what I have coming up for the rest of this day leggo! Price might even ignore F,S and blow right through it I don't know, but I'm bullish. If price comes back down to D I wont hesitate to pull the trigger {image}
Posted this last night in another thread... have a look at this http://www.forexfactory.com/attachme...2&d=1488199551
(we saw a break inbetween the levels so to confirm a buy we had to see a retest of F)

And now lets see what happened...
Break of F retest of F then straight up... price stalled at A and came back down.. Remember guys, I had these levels way before this move even happened look at my older posts and you will see them.
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  • #23,352
  • Feb 28, 2017 1:45am Feb 28, 2017 1:45am
Took 10pips from the bounce of F level
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  • #23,353
  • Feb 28, 2017 2:46am Feb 28, 2017 2:46am
Quoting Noors
Took 10pips from the bounce of F level {image}
How totally exciting. It must be party time for the whole world. Can't wait for your next pip.
  • #23,354
  • Feb 28, 2017 3:39am Feb 28, 2017 3:39am
Quoting Mpt
{quote} How totally exciting. It must be party time for the whole world. Can't wait for your next pip.
No need to be arrogant man, just sharing the way I trade, some people might take interest in these bounces and levels some might not. I'm off to the gym now, can you wait for my next rep?
  • #23,355
  • Feb 28, 2017 4:54am Feb 28, 2017 4:54am
Quoting Noors
Took 10pips from the bounce of F level {image}
nice chart. its simple to understand for newbies like me. I think you are using fibo level and scalping technic
  • #23,356
  • Feb 28, 2017 6:08am Feb 28, 2017 6:08am
Quoting zackgallardo
{quote} nice chart. its simple to understand for newbies like me. I think you are using fibo level and scalping technic
Hey,
It's not that difficult to understand once you get the levels pointed out. Then it's all about how PA reacts at these levels. These levels are close to fibo levels I have realised but they are hidden S/R levels. I try to be as accurate as I can with my levels. You can simply plot the levels on your chart and mix it with your style of trading.
  • #23,357
  • Feb 28, 2017 6:40am Feb 28, 2017 6:40am
The trend seems now very bearish. We could head towards 134.30 following the extended stop hunts from yesterday.
  • #23,358
  • Feb 28, 2017 7:16am Feb 28, 2017 7:16am
Quoting MixiFX
The trend seems now very bearish. We could head towards 134.30 following the extended stop hunts from yesterday.
can you show how you arrive at this level pls?
the cautious seldom err....C
  • #23,359
  • Feb 28, 2017 8:14am Feb 28, 2017 8:14am
Quoting pips29
{quote} can you show how you arrive at this level pls?
We are now on an important fibo level (61.8) on the daily chart. If broken, next bigger support on the graph is around 134.30. Of course, it might take some days or even weeks.
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  • #23,360
  • Feb 28, 2017 8:39am Feb 28, 2017 8:39am
Uptrend channel on H4 also broken, which confirms bearish bias.
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