Dragon Riders GBP/JPY | Page 1276 | 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

  • #25,501
  • Jul 13, 2017 2:51am Jul 13, 2017 2:51am
Quoting Andrea2k
{quote} I would not like to be so rude, but "hope" is one of the worst enemies of the traders, together with fear and greed ( as Jesse Livermore postulated ). I'm not saying that 115 and 148 are unreachable levels, but only that you'd better not .. "hope"... to get there.
I like what you said and i agree 100%. But based on your TA and FA can you say with 100% surety where the market will go..? No. Noone can, so it might go in your perceived direction making you right ot it goes against making you wrong. I hope that my analysis id right and market goes in my expected direction.
Its hope based on some research and justifications. Not a purely religious one......☺
P.s i absolutely hate it when someone takes a small comment and make a milkshake out of it. ( thats exactly what i have done right now).
  • #25,502
  • Jul 13, 2017 3:18am Jul 13, 2017 3:18am
Quoting NMZee
{quote} I like what you said and i agree 100%. But based on your TA and FA can you say with 100% surety where the market will go..? No. Noone can, so it might go in your perceived direction making you right ot it goes against making you wrong. I hope that my analysis id right and market goes in my expected direction. Its hope based on some research and justifications. Not a purely religious one......☺ P.s i absolutely hate it when someone takes a small comment and make a milkshake out of it. ( thats exactly what i have done right now)....
If there are no sellers and there are buyers, you can be sure at 100 % that market will go up. At least for a certain time.
That is not a kind of magic.
Regards
  • #25,503
  • Jul 13, 2017 3:44am Jul 13, 2017 3:44am
Quoting Onizuka
{quote} If there are no sellers and there are buyers, you can be sure at 100 % that market will go up. At least for a certain time. That is not a kind of magic. Regards
Can you tell with guarantee a lvl where there are no sellers or buyers....if yhat would be the case then every one wins and no point of Stop loss...☺
  • #25,504
  • Jul 13, 2017 3:53am Jul 13, 2017 3:53am
Quoting NMZee
{quote} Can you tell with guarantee a lvl where there are no sellers or buyers....if yhat would be the case then every one wins and no point of Stop loss...☺
Hahaha. I told you enough.
  • #25,505
  • Jul 13, 2017 4:12am Jul 13, 2017 4:12am
I am short @1.2915 Gbpusd is that okay
  • #25,506
  • Jul 13, 2017 4:13am Jul 13, 2017 4:13am
Sell setup, good opportunity

Attached Image (click to enlarge)
Click to Enlarge Name: gj.png Size: 39 KB
Money moves the market, not an indicator.
  • #25,507
  • Jul 13, 2017 4:27am Jul 13, 2017 4:27am
Quoting karasinga
{quote} Hello Taciho. I want to believe this is what you are looking at {image} best wishes
Might add my position here...Any price between 146.100 and 146.50 will be value. stop 145.85.
Stay green
It is not over until I win
  • #25,508
  • Jul 13, 2017 4:32am Jul 13, 2017 4:32am
I will be long if it breaks146.30.
TP around 146.65. Retest needed.
SL -15
  • #25,509
  • Jul 13, 2017 4:36am Jul 13, 2017 4:36am
Quoting karasinga
{quote} Might add my position here...Any price between 146.100 and 146.50 will be value. stop 145.85. Stay green
Looks good indeed, today is a perfect combonation for GBPJPY to gain, weak euro strong pound. USDJPY reacts more to Euro gains than to Pound gains so i think I will ride this one out.
  • #25,510
  • Jul 13, 2017 4:49am Jul 13, 2017 4:49am
Quoting Onizuka
{quote} If there are no sellers and there are buyers, you can be sure at 100 % that market will go up. At least for a certain time. That is not a kind of magic. Regards
Actually the market will not go anywhere if there are no sellers and lots of buyers.
Boxing clever since 76.
  • #25,511
  • Jul 13, 2017 4:51am Jul 13, 2017 4:51am
wait for bar [ Oanda-GMT-5 Live ] 2017.07.13 08:15
Exits == most important part of your strategy
  • #25,512
  • Jul 13, 2017 4:51am Jul 13, 2017 4:51am
Quoting copi88
{quote} Actually the market will not go anywhere if there are no sellers and lots of buyers.
Sure. you right.
  • #25,513
  • Jul 13, 2017 4:56am Jul 13, 2017 4:56am
Quoting taciho
{quote} Looks good indeed, today is a perfect combonation for GBPJPY to gain, weak euro strong pound. USDJPY reacts more to Euro gains than to Pound gains so i think I will ride this one out.
Add successful. Now can only control my emotions not the market. lets pile pips
It is not over until I win
  • #25,514
  • Edited 6:15am Jul 13, 2017 5:43am | Edited 6:15am
Quoting karasinga
{quote} Add successful. Now can only control my emotions not the market. lets pile pips
Sorry man you just got stopped out, I hope you didn't suffer to much losses.

edit: but you did manage to predict the exact bottom for what is worth....
  • #25,515
  • Edited 7:07am Jul 13, 2017 6:48am | Edited 7:07am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 3 KB

TP1 M15 [ Oanda-GMT-5 Live ] : 2017.07.13 08:30 up tp ?
TP2 M15 [ Oanda-GMT-5 Live ] : 2017.07.13 12:15 dn tp ?
* I still learning how TP,reversal,retrace relate to cycle strategy...
*add : found 1 small cycle 2017.07.13 10:00
Exits == most important part of your strategy
  • #25,516
  • Jul 13, 2017 7:03am Jul 13, 2017 7:03am
Quoting taciho
{quote} Sorry man you just got stopped out, I hope you didn't suffer to much losses. edit: but you did manage to predict the exact bottom for what is worth....
No problem buddy. I was stopped out and dragon bottom out at 145.844(according to my broker) and that's alright. I still have my two trades running. Still working on my strategy.
It is not over until I win
  • #25,517
  • Jul 13, 2017 7:03am Jul 13, 2017 7:03am
Awaiting news in 30 minutes to see if I can buy it at a lower level again.
  • #25,518
  • Jul 13, 2017 7:06am Jul 13, 2017 7:06am
Quoting edmun1388
{image} TP1 M15 [ Oanda-GMT-5 Live ] : 2017.07.13 08:30 up tp ? TP2 M15 [ Oanda-GMT-5 Live ] : 2017.07.13 12:15 dn tp ? * I still learning how TP,reversal,retrace relate to cycle strategy...
Everything is a wave within a wave within a wave etc...
Market repeat itself as it is fractal.
Balance is a key there.

First target is around 146.60 zone.
  • #25,519
  • Jul 13, 2017 7:11am Jul 13, 2017 7:11am
Quoting Onizuka
{quote} Everything is a wave within a wave within a wave etc... Market repeat itself as it is fractal. Balance is a key there. First target is around 146.60 zone.
I dont study wave , I today found that my M15 strategy look like cycle and cycle ., so i draw vertical line to trade lolz.
so from now I have
1 2017.07.13 08:30
2. 2017.07.13 10:00 small
3. 2017.07.13 12:15
================-
[ Oanda-GMT-5 Live ]

------
prediction : close long trade at bar 2017.07.13 08:30 , if go up more then close at 2017.07.13 10:00
dont know about bar 2017.07.13 12:15
Exits == most important part of your strategy
  • #25,520
  • Jul 13, 2017 7:18am Jul 13, 2017 7:18am
Quoting edmun1388
{quote} I dont study wave , I today found that my M15 strategy look like cycle and cycle ., so i draw vertical line to trade lolz. so from now I have 1 2017.07.13 08:30 2. 2017.07.13 10:00 small 3. 2017.07.13 12:15 ================- [ Oanda-GMT-5 Live ]
In fact there are only 3 cycles :
Europe Open, America Open and Asia.

I know it sounds stupid...

By the way, nice long, I been in too. I am done for the day. I close off at 146.45.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 2 KB
19 traders viewing now