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Enter The Dragon - GBP/JPY 1 reply

Dragon Riders GBP/JPY

Quoting Don96
{quote} might be looking for shorts around 161.3xx/161.9xx.. looking at GU and UJ, got them both at posted levels atm, see how Monday plays, might wait for 161.9xx for a better trade.
looks like we are going to sitting right on top of it for market open... not favourable circumstances for an entry, may try a few
Quoting Geppy
hey all, been super busy the last week or so but got the weekly outlook up here: http://www.forexmademillionaire.com/...ook-4-24-2016/
So where did you exit your GBP/JPY short?
Quoting Don96
{quote} looks like we are going to sitting right on top of it for market open... not favourable circumstances for an entry, may try a few
​took smaller position at 161.80 currently +10, waiting on GU for 1.448x only reason I took GJ is because Bloomberg shows 191.9x being hit
Quoting Mong00se
{quote} So where did you exit your GBP/JPY short?
157.00 as talked about for weeks.
check out my blog: forexmademillionaire dot com
good decision to wait.. profit taken 161.80 thanks to gap..
Gold is holding it's turf down low.....steady with Silver......
I'm fading this high mark.....at the open.....Japanese Govt. bonds.....making my play small stops after losing 1.1%.....I got a conference call from France and Germany.....don't cha hate it

I was delaying but.....we should be aware the Seattle Tacoma Port is empty......not a crane with any work or a box in sight....in the entire place
yep, Geppy, I read the blog......I like the gbp/jpy plan......gives this sell a target maybe
Quoting Gbp/jpy
yep, Geppy, I read the blog......I like the gbp/jpy plan......gives this sell a target maybe
Yeah, pretty rare you break such a long-term trend on a longer time frame without retesting the moving averages as support or resistance.
check out my blog: forexmademillionaire dot com
GJ starting the week on full throttle

Here's one for the honest and cool people in this thread

Inserted Video

Inserted Video
UJ im hoping for 110.8ish area for another ride higher to maybe 112.6 GJ should probably follow

EU im looking for 1.13 to hopefully ride south. This one is interesting because im thinking there might be a possibility to hit 1.08 when everything is said and done.
Hey raiders, check out AU as well, short positions seem to be building and 0.764 is an easy target

For GJ, if 4H closes in the current range (160.6-160.8) longing will be a good option, with 161.5/6 as a first target and then 163/2.9, 164.3/4
Quoting alexpi
Hey raiders, check out AU as well, short positions seem to be building and 0.764 is an easy target For GJ, if 4H closes in the current range (160.6-160.8) longing will be a good option, with 161.5/6 as a first target and then 163/2.9, 164.3/4
im going to short AU on your analysis. Truth be told i havent even bothered doing the work on it but i know you have and i know that USD is building strength so 764 is where im aiming thank you for looking out

EDIT....i just looked at my chart and i think 764 is easy money 758 might be doable too if USD acts right
Quoting Don96
{quote} ​took smaller position at 161.80 currently +10, waiting on GU for 1.448x only reason I took GJ is because Bloomberg shows 191.9x being hit
now +130 GU id have taken 1.448 most likely but it wasn't hit pre market and hasn't been hit since... ill wait for now

closed out +117
Quoting Don96
{quote} ​took smaller position at 161.80 currently +10, waiting on GU for 1.448x only reason I took GJ is because Bloomberg shows 191.9x being hit
Really? Highest print on my feed was 161.789. (I know feeds tend to vary) but ... ... All I managed was short 161.70 right at market open.

http://www.forexfactory.com/showthre...28#post8890628
Ghost Rider - WWTBMD?
Quoting albchr
{quote} Really? Highest print on my feed was 161.789. (I know feeds tend to vary) but ... ... All I managed was short 161.70 right at market open. http://www.forexfactory.com/showthre...28#post8890628
nope, 161.815 my highest
closed out now, Watching GU
Attached Image
Quoting Don96
{quote} nope, 161.815 my highest closed out now, Watching GU {image}
... I'm holding mine until London tips it's hand. Good luck with GU Don. I don't trade that pair myself. Filling it's gap now.
Ghost Rider - WWTBMD?
Quoting albchr
{quote} ... I'm holding mine until London tips it's hand. Good luck with GU Don. I don't trade that pair myself. Filling it's gap now.
tbh I would have liked to have held for 159.8xx minimum, but I'm just unsure with Gbp after Obama bs atm.. As for GU everyone in there ranting about 1.4550-1.4620 and fail to see 1.450xx first, whatever, 2 red diamond views against mine, not going to get far but cheers, I'm following GJ so good luck with it buddy ​
H1 chart is no doubt we are in an uptrend. But watch out. Goldy is saying long UJ you know when that happens it usually means they went long and now wants to pass the bag to retails to take profit. Or the move might be over. Still looking bullish but whenever they say shit like this it always puts me on caution. Glad I only trade intraday but for mid term to long term traders when they say shit like this it sounds so intelligent and convincing but truth is they may want to pass on the bag. And it goes the opposite of what they say.

It's similar to the story of the mouse and the piper the same mouse gets suckered in to the pipers tune every single time. Don't be that mice.

http://www.forexfactory.com/news.php?do=news&id=588261
Be like water go with the flow
Quoting Don96
{quote} tbh I would have liked to have held for 159.8xx minimum, but I'm just unsure with Gbp after Obama bs atm.. As for GU everyone in there ranting about 1.4550-1.4620 and fail to see 1.450xx first, whatever, 2 red diamond views against mine, not going to get far but cheers, I'm following GJ so good luck with it buddy ​
Watching 159.601 and 158.248 atm. Things could change but as of now still well within the large down trend. Wouldn't mind getting back onboard if so. If wrong I buy We'll see.

Who's Obama?

Red Diamonds? ... They don't mean much more than a pretty smile and making a few friends around here imho.
Ghost Rider - WWTBMD?
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