Dragon Riders GBP/JPY | Page 1290 | 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

  • #25,781
  • Jul 20, 2017 5:35am Jul 20, 2017 5:35am
Quoting karasinga
{quote} hope you considered exiting. in the zone.
Yes all my target`s is hit ...
now I looking for longs But the PA steel bearish
I see 145.2 ish a nice area (OR MAYBE A BREAKING POINT TO GOING DOWN TO 144 - 142 area )weel see...
Stay GREEN my friends........
  • #25,782
  • Jul 20, 2017 5:46am Jul 20, 2017 5:46am
Quoting rmrf
{quote} stop hunt? HEH thats how price typically flows from pool of stop losses orders to pools of stop loss orders, its more like a trail, not much hunting involved. the bars that paint on the chart represent filled orders, mostly meaningless, focus on the same thing mr B(ank) focuses on pending orders (stops)(liduidity), when you are selling do you ever wonder why they are taking the other side of your trade so quickly and willingly on the way down. (all the way down) the dragon is setting up a base for the next explosion north. its not as matter...
What is the proper term for the following scenario:

Price moves a lot more and faster, forces earlier buyers and sellers to get out with losses most of the time. Price moves high to trigger buy stops locking people into longs, quickly reverses to new lows forcing buyers to close at a loss or go into DD while price triggers sell stops at the same time.

That event does not occur at every price wave.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1565656.png Size: 81 KB
Dragon Rider
  • #25,783
  • Jul 20, 2017 6:13am Jul 20, 2017 6:13am
Long entry from 145.25 with two position (145.25 ,145.3) SL 30 pips....
Stay GREEN my friends........
  • #25,784
  • Jul 20, 2017 6:17am Jul 20, 2017 6:17am
Quoting alexforex541
Long entry from 145.25 with two position (145.25 ,145.3) SL 30 pips....

Move SL to BE...
free ride..
Stay GREEN my friends........
  • #25,785
  • Jul 20, 2017 6:22am Jul 20, 2017 6:22am
Quoting alexforex541
{quote} Move SL to BE... free ride..

OR not...
Stay GREEN my friends........
  • #25,786
  • Jul 20, 2017 6:32am Jul 20, 2017 6:32am
first re-entry, and so low, maybe this one will not survive

Attached Image
  • #25,787
  • Jul 20, 2017 6:48am Jul 20, 2017 6:48am
now longs?
  • #25,788
  • Jul 20, 2017 7:03am Jul 20, 2017 7:03am
Quoting juhanimi
now longs?
Caution....
US Red news coming in 30 min...I will wait till then
( in a mean time watch PA if I see opportunity OFF COURCE I TAKE IT )
Stay Green
Stay GREEN my friends........
  • #25,789
  • Jul 20, 2017 7:15am Jul 20, 2017 7:15am
Quoting alexforex541
{quote} Caution.... US Red news coming in 30 min...I will wait till then ( in a mean time watch PA if I see opportunity OFF COURCE I TAKE IT ) Stay Green
long 145.262. stop 144.95. might add small positions. IMHO, buyers are seated between 145.25 and 145.15
It is not over until I win
  • #25,790
  • Jul 20, 2017 7:20am Jul 20, 2017 7:20am
Quoting karasinga
{quote} long 145.262. stop 145.65. might add small positions
Happy trading..
(145.65 stop for a long trade of 145.26??)
I`m steel waiting for a news...
Stay GREEN my friends........
  • #25,791
  • Edited 7:40am Jul 20, 2017 7:29am | Edited 7:40am
Quoting alexforex541
{quote} Happy trading.. (145.65 stop for a long trade of 145.26??) I`m steel waiting for a news...
my stop is 20 pips below the current low of the day. according to my broker i have 145.150 hence 144.95(edited). happy trading

edited. 1st obstacle that bulls need to conquer between 145.784 and 146.28. if bulls succeed this the next obstacle is between 146.91 and 147.33. today's 20ADR high 146.435
It is not over until I win
  • #25,792
  • Jul 20, 2017 7:37am Jul 20, 2017 7:37am
TP hit, too early I think, but that is life
  • #25,793
  • Jul 20, 2017 7:42am Jul 20, 2017 7:42am
Quoting karasinga
{quote} my stop is 20 pips below the current low of the day. according to my broker i have 145.150 hence 144.95(edited). happy trading edited. 1st obstacle that bulls need to conquer between 145.784 and 146.28. when this is done the next stop is 146.91 and 147.33. today's 20ADR high 146.435
Very nice job my friend we are in a same page
I`m just messing with you a bit (I hope you don`t take it SERIES )
sometimes we need a little fun...
Happy trading...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 137 KB
Stay GREEN my friends........
  • #25,794
  • Jul 20, 2017 7:50am Jul 20, 2017 7:50am
Quoting barloc
{quote} What is the proper term for the following scenario: Price moves a lot more and faster, forces earlier buyers and sellers to get out with losses most of the time. Price moves high to trigger buy stops locking people into longs, quickly reverses to new lows forcing buyers to close at a loss or go into DD while price triggers sell stops at the same time. That event does not occur at every price wave. {image}
*STOP HUNTING* is the term. Fake breakout is the secondry name for this. If you are watchful enuff you can actually trade / fade these spikes and makes most pips in shortest time.
  • #25,795
  • Jul 20, 2017 7:52am Jul 20, 2017 7:52am
My previous chart was way off... I would love to see one more wave to the south now.

Quick pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY565666M15.png Size: 94 KB
Dragon Rider
  • #25,796
  • Edited 8:31am Jul 20, 2017 8:11am | Edited 8:31am
Quoting alexforex541
{quote} Very nice job my friend we are in a same page I`m just messing with you a bit (I hope you don`t take it SERIES ) sometimes we need a little fun... Happy trading... {image}
no problem buddy. the trick is to stay green. looking at PA between 145.48 and 145.36 for possible 1st add

edited. mr market is kind of generous today. he has given a lower re entry 145.366
It is not over until I win
  • #25,797
  • Jul 20, 2017 8:19am Jul 20, 2017 8:19am
Quoting karasinga
{quote} no problem buddy. the trick is to stay green. looking at PA between 145.48 and 145.36 for possible 1st add
I already take out my profit at 145.65 (PA messing with us a bit) and let run one trade with BE on and TR 45 pips...
Stay GREEN my friends........
  • #25,798
  • Jul 20, 2017 8:24am Jul 20, 2017 8:24am
Quoting karasinga
{quote} no problem buddy. the trick is to stay green. looking at PA between 145.48 and 145.36 for possible 1st add
What would be your tp 146.2x..??
  • #25,799
  • Jul 20, 2017 8:26am Jul 20, 2017 8:26am
Quoting NMZee
{quote} What would be your tp 146.2x..??
mine is weekly pivot 146.8 -146.9 ....
Stay GREEN my friends........
  • #25,800
  • Jul 20, 2017 9:24am Jul 20, 2017 9:24am
my guess is that this is coming down soon, not so much higher anymore
21 traders viewing now