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Dragon Riders GBP/JPY

  • #25,521
  • Jul 13, 2017 7:18am Jul 13, 2017 7:18am
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.
Did you get training from Immy? Cause I hear him say this over and over. heh heh
  • #25,522
  • Jul 13, 2017 7:22am Jul 13, 2017 7:22am
Quoting maflip
{quote} Did you get training from Immy? Cause I hear him say this over and over. heh heh
I been training by myself for 5 years. I don't know who is Immy.

But everything is the univers works like that... Waves within waves within waves...
There are only a few things to clearly understand to can read a chart properly.
  • #25,523
  • Jul 13, 2017 7:23am Jul 13, 2017 7:23am
Quoting Onizuka
{quote} I been training by myself for 5 years. I don't know who is Immy. But everything is the univers works like that... Waves within waves within waves... There are only a few things to clearly understand to can read a chart properly.
hah hah ok. cause you and him says the same thing. ok cool
  • #25,524
  • Edited 7:39am Jul 13, 2017 7:23am | Edited 7:39am
Quoting maflip
{quote} Did you get training from Immy? Cause I hear him say this over and over. heh heh
Last time I study delta phenomenon from old man call stoxx at irc channel , but found that too complicated not suite me because just like wave , , all timeframe have wave , all mess out, lolz...
* but today I found that my M15 strategy just look like price move in cycle , so I draw all line related , look works !!
** all line that I draw mostly is reversal pt , target pt, retrace pt etc ...
*** all happen within the line draw or 1 bar after or before only
--- result
2017.07.13 08:30 end of green bar or cycle last green bar, if trend continuation , then
Exits == most important part of your strategy
  • #25,525
  • Jul 13, 2017 7:29am Jul 13, 2017 7:29am
Quoting edmun1388
{quote} Last time I study delta phenomenon from old man call stoxx at irc channel , but found that too complicated not suite me because just like wave , , all timeframe have wave , all mess out, lolz... * but today I found that my M15 strategy just look like price move in cycle , so I draw all line related , look works !!
Yeah you seem to do it well, congratulations..

Let's put only one chart and ask to all people to do Graphicals Analysis for this particular chart.
You will have as many charts as people.
Everybody will see the charts differently. With lines which go nowhere, with guess, wrong channel and so on.

If you are able to make logicals Graphicals Analysis which work for every charts with every time frame,
Then you begin to understand what it is going on.
Bests regards.
  • #25,526
  • Jul 13, 2017 7:54am Jul 13, 2017 7:54am
Keep waving at the dragon, as it heads north, while you do your "logicals Graphicals Analysis"
  • #25,527
  • Jul 13, 2017 8:08am Jul 13, 2017 8:08am
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 am done for the day anyway.
We are in 146.60 zone as I said...

You should stop buying and wait.


Remember we are still retracing from 147.70.
Well, have a nice week end all.
  • #25,528
  • Jul 13, 2017 8:52am Jul 13, 2017 8:52am
Quoting karasinga
{quote} 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.
out at 146.68. on the sidelines
It is not over until I win
  • #25,529
  • Jul 13, 2017 8:56am Jul 13, 2017 8:56am
Quoting karasinga
{quote} 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.
out at 146.68. on the sidelines
edited: short
It is not over until I win
  • #25,530
  • Jul 13, 2017 8:59am Jul 13, 2017 8:59am
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 ] ------ 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
prediction : 2017.07.13 10:00 to 2017.07.13 12:15 .. ranging period
or retrace from 2017.07.13 10:00 to 2017.07.13 12:15
Exits == most important part of your strategy
  • #25,531
  • Jul 13, 2017 9:35am Jul 13, 2017 9:35am
Quoting karasinga
{quote} out at 146.68. on the sidelines edited: short
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 13th gartely.png Size: 89 KB

best wishes
It is not over until I win
  • #25,532
  • Jul 13, 2017 12:38pm Jul 13, 2017 12:38pm
Quoting copi88
Actually the market will not go anywhere if there are no sellers and lots of buyers.
If there are no sellers then the more eager buyers will bid the price up until everyone who wants to buy can buy.

That's economics 101, you should know that...

Cordially.
  • #25,533
  • Jul 13, 2017 12:51pm Jul 13, 2017 12:51pm
Quoting Mr Breakout
{quote} If there are no sellers then the more eager buyers will bid the price up until everyone who wants to buy can buy. That's economics 101, you should know that... Cordially.
Sorry Mr B, that made no sense (to me).
If there are no sellers then price go up till the proce starts finding sellers....who will buy at those lvls... only retail fools like me, thinking its a trend, but everyone eont be buying....i think.
  • #25,534
  • Jul 13, 2017 12:59pm Jul 13, 2017 12:59pm
Quoting NMZee
If there are no sellers then price go up till the price starts finding sellers....who will buy at those levels...
That's precisely what I just said.

The price of anything (GBP/JPY, soybean, gold, S&P 500, etc...) is always trying to find the equilibrium level.
  • #25,535
  • Jul 13, 2017 1:40pm Jul 13, 2017 1:40pm
Quoting Mr Breakout
{quote} That's precisely what I just said. The price of anything (GBP/JPY, soybean, gold, S&P 500, etc...) is always trying to find the equilibrium level.
  • #25,536
  • Jul 13, 2017 1:53pm Jul 13, 2017 1:53pm
Quoting copi88
{quote} Actually the market will not go anywhere if there are no sellers and lots of buyers.
Dude... just... don't....

Above payrolls and CPI and whatever speech gives some goverment, this IS in a nutshell supply and demand.

So if you have lots of buyers (demand), price will go up without a movement of the counterpart (supply).


Attached Image
- If you plant corn, you get corn
  • #25,537
  • Jul 13, 2017 9:26pm Jul 13, 2017 9:26pm
They bear trapped one of my accounts... had a sell stop at 145.266 but price only went to 145.267... you can't win with broker.... still up for investigation, so I won't trade on that account until they fix it... lost all it's money

Was it a bear trap or is it a bull trap??? it should be going up where is all this negative movement coming from..?? Broadbent waved rate hike? and CC defaults??

man this thing should be heading to 164.33 get in at 148.45... I call it my summer trade 1580 pips woo hoo.. forex gods are killing my summer money
I'll pick up the crumbs don't need the whole pie
  • #25,538
  • Edited 10:32pm Jul 13, 2017 10:05pm | Edited 10:32pm
2017.07.14 01:00
2017.07.14 02:15
=============
[ Oanda-GMT-5 Live M15 ]
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 20 KB

so best time to trade will be 2017.07.14 02:15
Exits == most important part of your strategy
  • #25,539
  • Jul 13, 2017 11:54pm Jul 13, 2017 11:54pm
Attached Image
Here's the recent from robbie
  • #25,540
  • Jul 14, 2017 12:14am Jul 14, 2017 12:14am
Long 147.00 TP +40 SL -20
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