Dragon Riders GBP/JPY | Page 1230 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Enter The Dragon - GBP/JPY 2 replies

Info on the Borihei-Dragon Scalping System? 15 replies

The Dragon 441 replies

Scalping The Dragon 34 replies

***Dragon II*** 15 replies

Attachments: Dragon Riders GBP/JPY
Exit Attachments

Dragon Riders GBP/JPY

  • #24,581
  • Jun 20, 2017 8:27pm Jun 20, 2017 8:27pm
Quoting Mr Breakout
{quote} Nah, the party's over, pullback time now. ("The party is over?? What do you mean the party is over...") https://www.youtube.com/watch?v=nRFtDulgL3o
I think that too. Party is over
Pull back toward 141.30 is what should happen, then selling that level toward 139.80 is another possibility
Frank Fadi
  • #24,582
  • Jun 20, 2017 8:38pm Jun 20, 2017 8:38pm
Quoting ForeoneX
{quote} https://www.youtube.com/watch?v=KQ6zr6kCPj8
Not bad.
This video reminds me of another video, this one here.
It is THE most watched video on Youtube, with close to 3 BILLION views:
Inserted Video
  • #24,583
  • Jun 20, 2017 8:43pm Jun 20, 2017 8:43pm
Quoting Mr Breakout
{quote} Not bad. This video reminds me of another video, this one here. It is THE most watched video on Youtube, with close to 3 BILLION views: https://www.youtube.com/watch?v=9bZkp7q19f0
Haha What about this one?

Inserted Video


I like this one most of all! (2010's hits)
  • #24,584
  • Jun 20, 2017 8:44pm Jun 20, 2017 8:44pm
Quoting FxHelp
. Party is over Pull back toward 141.30 is what should happen, then selling that level toward 139.80 is another possibility
That exactly my plan too, give or take a few pips.
  • #24,585
  • Jun 20, 2017 8:53pm Jun 20, 2017 8:53pm
Quoting ForeoneX
I like this one most of all! (2010's hits)
Very good!

That's the kind of relaxing songs I like to hear when the Non-Farm Payroll report hits my stop first and then proceeds to move 200 pips in the expected direction
  • #24,586
  • Jun 20, 2017 8:54pm Jun 20, 2017 8:54pm
Quoting Mr Breakout
{quote} That exactly my plan too, give or take a few pips.
If GJ continues to be bearish.

Inserted Video
  • #24,587
  • Jun 20, 2017 9:53pm Jun 20, 2017 9:53pm
Quoting Mr Breakout
Bought GBP/JPY at 140.70, 35 pip stop.
Out at 140.51, 19 pip loss.

The expected pullback will probably occur during the London session.

Switching to GBP/AUD.
  • #24,588
  • Jun 20, 2017 10:19pm Jun 20, 2017 10:19pm
Quoting Mr Breakout
{quote} Out at 140.51, 19 pip loss. The expected pullback will probably occur during the London session. Switching to GBP/AUD.
Be Careful Mr.

GJ is behaving so rude right now. May be it wants to go down. May be, like Mr. mentioned, pullback will be operated first.
  • #24,589
  • Edited 10:39pm Jun 20, 2017 10:27pm | Edited 10:39pm
Quoting ForeoneX
{quote} Be Careful Mr. GJ is behaving so rude right now. May be it wants to go down. May be, like Mr. mentioned, pullback will be operated first.
Thanks.
The Yen is dragging the GBP/JPY down at the moment.
That's alright, just made 10 pips (and counting) on GBP/AUD (this pair is pulling back nicely), I will come back later and get a serious "refund" from Mister GBP/JPY .
  • #24,590
  • Jun 20, 2017 10:49pm Jun 20, 2017 10:49pm
Quoting Mr Breakout
{quote} Thanks. The Yen is dragging the GBP/JPY down at the moment. That's alright, just made 10 pips (and counting) on GBP/AUD (this pair is pulling back nicely), I will come back later and get a serious "refund" from Mister GBP/JPY .
Nice one Mr.

  • #24,591
  • Jun 21, 2017 12:16am Jun 21, 2017 12:16am
Heya traders....

Attached Image


14 degree lines on a hourly
  • #24,592
  • Jun 21, 2017 12:19am Jun 21, 2017 12:19am
On a 4hr, it could be forming an inverted H/S.
I'm long until 141.73.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB
Lost....
  • #24,593
  • Jun 21, 2017 1:04am Jun 21, 2017 1:04am
Quoting gespiri
On a 4hr, it could be forming an inverted H/S. I'm long until 141.73. {image}

Risk off sentiment in the markets today. You will want to be sell side only on GJ
Boxing clever since 76.
  • #24,594
  • Jun 21, 2017 1:51am Jun 21, 2017 1:51am
Quoting copi88
{quote} Risk off sentiment in the markets today. You will want to be sell side only on GJ
Aus ist aus....stopped.
Lost....
  • #24,595
  • Jun 21, 2017 2:44am Jun 21, 2017 2:44am
I'm highly invested on this drop, adding as it goes down.

Expecting to TP everything at 139. Also considering closing all my positions, including losers.
  • #24,596
  • Jun 21, 2017 3:01am Jun 21, 2017 3:01am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 3 KB

TP1 139.840 filled
S1 139.780
1/3 yr level 139.750
WS1 139.5757
Exits == most important part of your strategy
  • #24,597
  • Jun 21, 2017 3:07am Jun 21, 2017 3:07am
Quoting edmun1388
{image} TP1 139.840 filled S1 139.780 1/3 yr level 139.750 WS1 139.5757
nice edmund... are you in for the buy now up tp 142.000?
  • #24,598
  • Jun 21, 2017 3:17am Jun 21, 2017 3:17am
Hello traders,

Another day in the paradise for me.

At the London open, very good volatility, opportunities present on GBPAUD, GBPCAD, GBPUSD and GBPJPY, that's for the pairs checked permanently and used for trading. I have decided to enter short on GBPJPY because of the ccfp, where the spread between the two legs GBP and JPY has been the most important at that moment.

Time in trade just above 10 minutes , so for an intraday trader the level of the stress has been mastered. You know what I mean, even with a low risk there is always something that could push the trader to do mistakes.

The chart is bellow as usual, with all the explanations on it. Don't hesitate to ask if you need further informations. For figures, please follow the trade explorer.

I wish you all a nice sunny day,
Attached Image (click to enlarge)
Click to Enlarge Name: 06_21_2017_GBPJPYM1.png Size: 54 KB
  • #24,599
  • Jun 21, 2017 3:56am Jun 21, 2017 3:56am
Quoting ForexForex17
{quote} nice edmund... are you in for the buy now up tp 142.000?
139.970 close
Exits == most important part of your strategy
  • #24,600
  • Jun 21, 2017 4:59am Jun 21, 2017 4:59am
Quoting Quickiepip
{quote} It's hard to listen to someone when you can't see their results... You have to tread lightly in this thread take everything with a grain of salt... what people post here aren't predictions or true insight, it's for validation of their own trading. I've seen many lose their account based on info posted on forums. Beware of thread info unless you can see how the trader is actually doing on their own account....
my results are posted for the year see FF trade explorer or myFX (demo for educational purposes)(not to toot own horn, I do that in live account and dont share <results are similar to demo )

you must not accept anything blindly, prove and test all things, learn to rely on yourselves and make your own market calls, have confidence in yourself, you will get better the more you trade, dont believe any trading lies! dont assume anything is true, better to assume it is opposite until you know.

Validation are mad in live account, thats how lots of people are feeding their families today, its not that hard, really it isnt, use small lot sizes limit risk, use wide stops but figure risk per trade, dont risk more than 5% a day, dont move stop losses! dont let losers run and close the profits (hardest thing for newer traders to do)

and dont take any trades blindly and if you do! study the setup and trade to try to figure out reasons, use a SL with a preset risk loss level, max loss of 2% per trade is a good SL, so if you have a $1000 account that means .01L x 200 pips is $20 or 2% of your account.

But mostly understand LEVERAGE, it isnt your friend if you are losing more trades than you are winning because it magnifies your gains and lossses.

as far as what a successful trader is doing in his own account, that is best kept a secret, unless you are selling something, but the reality is those who understand trading can quickly see those who know what they are talking about and have the experiential knowledge and trading time in the markets.
17 traders viewing now