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Dragon Riders GBP/JPY

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  • Post #22,021
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  • Oct 6, 2016 10:45pm Oct 6, 2016 10:45pm
  •  MrsTrader
  • | Joined Jul 2016 | Status: Member | 179 Posts
I am waiting to hear Goldgirl's views.
 
 
  • Post #22,022
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  • Oct 6, 2016 10:45pm Oct 6, 2016 10:45pm
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
any idea of global effect in the medium term.....I'm curious is all.

goin out on a victory hike now....chasin' wild piggy's...so cute, nearly stepped on a litter of 15 once....now I think they're my pets....gotta be the same ones....
 
 
  • Post #22,023
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  • Oct 6, 2016 11:13pm Oct 6, 2016 11:13pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 2,061 Posts | Invisible
Quoting dstinkt
Disliked
{quote} Yeah, but The Dragon did more mileage. On my chart I have a whopping 811pips move in one minute. G/U did 625pips.
Ignored
GBPAUD, GBPCAD and GBPNZD actually moved more and have a larger ADR.
 
 
  • Post #22,024
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  • Oct 6, 2016 11:16pm Oct 6, 2016 11:16pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 2,061 Posts | Invisible
Quoting MrsTrader
Disliked
GJ is frozen on my platform now. Can I ask what is the buy/sell price on your platforms?
Ignored
You must be using a safe, reliable NFA "regulated" broker. lol. You need to use an "unregulated", ECN broker. The NFA/CFTC has no clue what they are regulating or how to regulate it. Their focus is on all the wrong things....lower leverage, ban hedging, FIFO. They should focus on all the US brokers cheating clients, protection of funds, freezing platforms, negative slippage, etc.
 
 
  • Post #22,025
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  • Oct 6, 2016 11:30pm Oct 6, 2016 11:30pm
  •  LouiseZA
  • | Joined Jan 2014 | Status: Member | 549 Posts
Sorry now that I didn't short the Dragon yesterday, but SL probably would have taken me out anyway.
Attached Image (click to enlarge)
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Size: 46 KB
 
 
  • Post #22,026
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  • Oct 6, 2016 11:40pm Oct 6, 2016 11:40pm
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
128.96, my Lady....!!.....wouldn't a D P from FXRay be the coolest thing....
 
 
  • Post #22,027
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  • Oct 6, 2016 11:50pm Oct 6, 2016 11:50pm
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
122.77 low printed....oh
 
 
  • Post #22,028
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  • Oct 7, 2016 12:00am Oct 7, 2016 12:00am
  •  ForexOracle
  • | Joined Jul 2012 | Status: Member | 1,036 Posts
Quoting barloc
Disliked
{quote} No. Every pair with a GBP cross had this effect.
Ignored

No other major moves like the beast.

Even if volatility collapsed in forex for the last 2 years or so, you better respect this one here.

Back on the good old days, it was normal for the beast to move 500 pips daily and go over 1000 pips every other day.
So, you think you have rights? LOL
 
 
  • Post #22,029
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  • Oct 7, 2016 12:16am Oct 7, 2016 12:16am
  •  forexvert
  • | Joined Sep 2016 | Status: Member | 114 Posts
Quoting NovaFX
Disliked
RIP My account
Ignored
my condolences .. what happened brother?
 
 
  • Post #22,030
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  • Oct 7, 2016 12:18am Oct 7, 2016 12:18am
  •  coldvinc
  • | Joined Apr 2015 | Status: Member | 194 Posts
Anyone got tips on this? I got an open long trade on GBPJPY. It's a small lot so losses aren't that major, but given the size of this drop I'm still quite a bit in red. I of course forgot to place a stop. Now, Take it out or keep it with the expectancy players will buy pound at this level and thus push gbpjpy up again?
 
 
  • Post #22,031
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  • Oct 7, 2016 12:30am Oct 7, 2016 12:30am
  •  Kissa
  • | Joined Aug 2012 | Status: Member | 432 Posts
I got myself in a bit of a spot here, all are buy sales, was not expecting them to hit till i wake up, LOL aint I naive.
Let's see if my math holds at least its + swap
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  • Post #22,032
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  • Oct 7, 2016 12:32am Oct 7, 2016 12:32am
  •  barloc
  • Joined Nov 2012 | Status: Member | 516 Posts
Quoting ForexOracle
Disliked
{quote} No other major moves like the beast. Even if volatility collapsed in forex for the last 2 years or so, you better respect this one here. Back on the good old days, it was normal for the beast to move 500 pips daily and go over 1000 pips every other day.
Ignored
This was a black swan event, and it affected every GBP pair and not just the beast.. that was my point.
Dragon Rider
 
 
  • Post #22,033
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  • Oct 7, 2016 12:36am Oct 7, 2016 12:36am
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
Gold and Silver are behaving....black swan
 
 
  • Post #22,034
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  • Edited at 1:23am Oct 7, 2016 1:12am | Edited at 1:23am
  •  JJSerrault
  • | Joined Aug 2014 | Status: Member | 79 Posts
Well, let's see the confirmation for short trade. I have no idea what happened to cause that sudden 600+ pips fall only to bounce 300+ pips after. All happened in less than 30 minutes after Asia Market opened. If the pair really going south, it might aim for 123.15 or 117.40. Patience really help in uncertain market conditions.

Trade carefully.
 
 
  • Post #22,035
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  • Oct 7, 2016 1:19am Oct 7, 2016 1:19am
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
so you show a 124 low also....?like me
 
 
  • Post #22,036
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  • Oct 7, 2016 1:31am Oct 7, 2016 1:31am
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
totally tanking the GBP...it don't take too long huh?!!
see this spike down could turn the action but it feels more uncertain....in the world
 
 
  • Post #22,037
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  • Oct 7, 2016 1:46am Oct 7, 2016 1:46am
  •  Kissa
  • | Joined Aug 2012 | Status: Member | 432 Posts
Quoting forexvert
Disliked
{quote} redbull
Ignored
Get it from the bottom?
A case of RB in the orders, also a alarm system, lights, vibration and sound all directed at the pillow.
 
 
  • Post #22,038
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  • Oct 7, 2016 1:47am Oct 7, 2016 1:47am
  •  Mpt
  • Joined Nov 2009 | Status: Member | 2,582 Posts
March 2011 / Oct 2016. Fell from the same place. Dropped to the same place. Both +/- 50 pips. Both within about 90 minutes of each other. The first crash had already recovered to 131 within 6 hrs, mainly because the Japanese Govt screamed and hollered. Then they enlisted other G7 central banks to help lift it further, where it capped at 140
 
 
  • Post #22,039
  • Quote
  • Oct 7, 2016 2:00am Oct 7, 2016 2:00am
  •  coldvinc
  • | Joined Apr 2015 | Status: Member | 194 Posts
Still holding my long against JPY. It's back at 129.50. It would be awesome if it could get back to like 130.
 
 
  • Post #22,040
  • Quote
  • Oct 7, 2016 2:02am Oct 7, 2016 2:02am
  •  IndigoPingvi
  • Joined Nov 2011 | Status: Member | 598 Posts
Citi got it right, and I was sleeping... http://news.forexlive.com/!/citi-tra...bpjpy-20161003
 
 
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