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Dragon Riders GBP/JPY

  • #25,601
  • Jul 16, 2017 10:04pm Jul 16, 2017 10:04pm
The cable is somehow still preventing the Dragon from going down.

Oh well, "he" will get tired, 300 pips without a pullback will surely create some profit taking activity soon...
  • #25,602
  • Jul 16, 2017 10:13pm Jul 16, 2017 10:13pm
Quoting Mr Breakout
The cable is somehow still preventing the Dragon from going down. Oh well, "he" will get tired, 300 pips without a pullback will surely create some profit taking activity soon...
how you think this will be short ...when the cable getting strong..?
  • #25,603
  • Edited 10:53pm Jul 16, 2017 10:28pm | Edited 10:53pm
Quoting Mr Breakout
{quote} How dare you short 11 pips higher than my entry point? Just kidding
Could be just luck...
Attached Image (click to enlarge)
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best wishes
edited:Most ambitious target between 143.86 and 143.26
It is not over until I win
  • #25,604
  • Jul 16, 2017 10:43pm Jul 16, 2017 10:43pm
Quoting RondaRousey
You are competing against the smartest and richest guys around and you want to take their money?
Yep, I do it every day.

Quoting RondaRousey
forex has more sharks than the ocean
Don't worry, I eat sharks for breakfast.
  • #25,605
  • Jul 16, 2017 11:01pm Jul 16, 2017 11:01pm
Ascending triangle on the 5-min.

The breakout is usually to the upside so let's hope it's a fake (for us short sellers)
Attached Image (click to enlarge)
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  • #25,606
  • Jul 16, 2017 11:18pm Jul 16, 2017 11:18pm
Quoting Mr Breakout
Ascending triangle on the 5-min. The breakout is usually to the upside so let's hope it's a fake (for us short sellers) {image}
Nice call buddy. My Elliott wave friends call it "termination diagonal triangle". watching with great interest
It is not over until I win
  • #25,607
  • Jul 16, 2017 11:33pm Jul 16, 2017 11:33pm
Quoting karasinga
My Elliott wave friends call it "termination diagonal triangle". watching with great interest
Yep, I smell market trend exhaustion too.

And on the daily chart we are probably watching a nice triple top formation...
Attached Image (click to enlarge)
Click to Enlarge Name: ttf.png Size: 145 KB
  • #25,608
  • Jul 16, 2017 11:51pm Jul 16, 2017 11:51pm
Hard to move the Yen when Tokyo is closed (bank holiday), we need Frankfurt, Zurich, Paris and of course London to get things going.
Unfortunately they are still sleeping.
  • #25,609
  • Jul 17, 2017 1:08am Jul 17, 2017 1:08am
TP hit

Attached Image (click to enlarge)
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  • #25,610
  • Jul 17, 2017 1:23am Jul 17, 2017 1:23am
Quoting Mr Breakout
. I am personally short at 147.45, 27 pip stop.
Position closed at 147.35, +10 pips, I am receiving mixed signals and that 2:10 AM (EST) 5-min candle could be the low of the day...
  • #25,611
  • Jul 17, 2017 1:31am Jul 17, 2017 1:31am
Quoting copi88
{quote} Hey Juhanimi Maybe you want to start a journal? Its not really relevant to the advancement of this thread to post everytime you move your TP etc We would be more interested in why you took the trade and what your targets are , that kind of information. Cheers C
If only everyone posts like you do, the thread would be more meaningful.

Some people just don't listen.
  • #25,612
  • Jul 17, 2017 1:31am Jul 17, 2017 1:31am
Short again at 147.45, same 27 pip stop.
That 2:25 AM 5-min candle could now be the high of the day!
  • #25,613
  • Jul 17, 2017 1:38am Jul 17, 2017 1:38am
This is what day-trading is all about, guessing which candle is the high/low of the day, that's all there is to it.
  • #25,614
  • Jul 17, 2017 1:56am Jul 17, 2017 1:56am
Quoting Mr Breakout
This is what day-trading is all about, guessing which candle is the high/low of the day, that's all there is to it.
Welcome back. IMHO any price between 147.496 and 147.575 is value. trick is to stay green
It is not over until I win
  • #25,615
  • Jul 17, 2017 1:56am Jul 17, 2017 1:56am
5 minutes to London, you Dragon are going down my friend...
  • #25,616
  • Jul 17, 2017 2:01am Jul 17, 2017 2:01am
Quoting karasinga
{quote} . IMHO any price between 147.496 and 147.575 is value.
I guess we will soon find out...
  • #25,617
  • Jul 17, 2017 2:02am Jul 17, 2017 2:02am
nice..waiting for going down
  • #25,618
  • Jul 17, 2017 2:05am Jul 17, 2017 2:05am
Buy 147.46. SL: -15 TP: +30
  • #25,619
  • Jul 17, 2017 2:06am Jul 17, 2017 2:06am
That's it boy, keep going down, daddy needs a new pair of shoes
  • #25,620
  • Jul 17, 2017 2:29am Jul 17, 2017 2:29am
Quoting Mr Breakout
Short again at 147.45, same 27 pip stop.
Closing half my position at 147.25 (+20 pips) and moving stop to breakeven.
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