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Dragon Riders GBP/JPY

  • #25,341
  • Jul 10, 2017 10:37am Jul 10, 2017 10:37am
Good trading to you all!
Attached Image (click to enlarge)
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  • #25,342
  • Jul 10, 2017 10:53am Jul 10, 2017 10:53am
Bad dog! drop those 147 now!
- If you plant corn, you get corn
  • #25,343
  • Jul 10, 2017 12:37pm Jul 10, 2017 12:37pm
come on! get down~! NOW!
Just 20 pips a day to riches
  • #25,344
  • Jul 10, 2017 12:47pm Jul 10, 2017 12:47pm
come on! go up ~! please!
Exits == most important part of your strategy
  • #25,345
  • Jul 10, 2017 12:52pm Jul 10, 2017 12:52pm
We don`t see 148 yet.....I`m steel holding my longs from 145.7 (some of that) secured to 146.7 and I steel believe 148 ish for TP...
patient is the key my friends we are steel bullish....
all the best
Alex
Stay GREEN my friends........
  • #25,346
  • Jul 10, 2017 1:08pm Jul 10, 2017 1:08pm
Before anyone take short positions please let us know.
  • #25,347
  • Jul 10, 2017 1:32pm Jul 10, 2017 1:32pm
Quoting edmun1388
come on! go up ~! please!
In general, after 10 AM (EST) traders should not try to trade against the intraday trend, as a complete reversal at that point is unlikely.
  • #25,348
  • Jul 10, 2017 2:10pm Jul 10, 2017 2:10pm
I got in at a good price today.
I expect 146.28
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  • #25,349
  • Jul 10, 2017 5:59pm Jul 10, 2017 5:59pm
GBP/NZD is moving (long at 1.77 since beginning of the Asian session).

In the meantime the Dragon is going nowhere.

Go where the action is folks, ride the fast horses and dump the turtles, never lose your time with ANY particular currency pair...
  • #25,350
  • Jul 10, 2017 6:33pm Jul 10, 2017 6:33pm
Don't know wheres to enter its 1.7756 now.
Where I should enter long
And what is the sl and tp
Mr. Breakout?
  • #25,351
  • Edited 8:22pm Jul 10, 2017 7:37pm | Edited 8:22pm
Quoting Situhin
Don't know wheres to enter its 1.7756 now. Where I should enter long And what is the sl and tp Mr. Breakout?
Well it all depends on your time frame of course, and your risk tolerance.

For instance, are you looking for a quick profit (say 20 pips) on the 5-min or a bigger gain on the hourly or 4h time frame (which requires a bigger stop)?

On the 15-min we have a breakout from a rectangle formation (see chart):
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  • #25,352
  • Jul 10, 2017 9:51pm Jul 10, 2017 9:51pm
I am long with no conviction. Althoug I will be happy if only reach 148.000.



:::::
  • #25,353
  • Jul 10, 2017 10:26pm Jul 10, 2017 10:26pm
Quoting bigboss
I am long with no conviction. Althoug I will be happy if only reach 148.000. :::::
Yep, everyone is waiting for that magical 148.

The only problem is that it could take days and days of lousy, going-nowhere price action to get there...

If you still want to bet on the Yen use AUD/JPY, EUR/JPY or other crosses for example, the trend is stronger.
  • #25,354
  • Jul 10, 2017 11:07pm Jul 10, 2017 11:07pm
daily starts to look like it could turn from here, but it is still bullish in H1
  • #25,355
  • Jul 10, 2017 11:27pm Jul 10, 2017 11:27pm
Quoting Mr Breakout
GBP/NZD is moving (long at 1.77 since beginning of the Asian session). In the meantime the Dragon is going nowhere. Go where the action is folks, ride the fast horses and dump the turtles, never lose your time with ANY particular currency pair...
(Out at 1.78, +100 pips. In the meantime GBP/JPY is still going nowhere )
  • #25,356
  • Jul 11, 2017 12:05am Jul 11, 2017 12:05am
Quoting Mr Breakout
{quote} In general, after 10 AM (EST) traders should not try to trade against the intraday trend, as a complete reversal at that point is unlikely.
already know.and that my sleeping hours.
I just long only now.
Exits == most important part of your strategy
  • #25,357
  • Jul 11, 2017 12:05am Jul 11, 2017 12:05am
i.Short..position.now!
if you my trade,My-post analysis, subscribed to ME
  • #25,358
  • Jul 11, 2017 12:11am Jul 11, 2017 12:11am
Quoting nesta
i.Short..position.now!

Why short..?... No news


::::
  • #25,359
  • Jul 11, 2017 12:12am Jul 11, 2017 12:12am
Quoting bigboss
{quote} Why short..?... No news ::::
h1..fibo:161.8%
big.resistance:147.43
M5..DOWN
if you my trade,My-post analysis, subscribed to ME
  • #25,360
  • Jul 11, 2017 12:12am Jul 11, 2017 12:12am
Quoting bigboss
{quote} Why short..?... No news ::::
He can short because M30 stochastic overbought.
* hope can reach tp 147.413 within 15 min
Exits == most important part of your strategy
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