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Dragon Riders GBP/JPY

  • #26,081
  • Edited 8:02pm Jul 27, 2017 7:06pm | Edited 8:02pm
testing 123
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after 30 min
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still can hold
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Exits == most important part of your strategy
  • #26,082
  • Jul 27, 2017 7:44pm Jul 27, 2017 7:44pm
Quoting karasinga
IMHO, this may play out... If a set up is available, why not pile pips here{image}best wishes edited: 145.24 and 145.13 might be value
no set up yet... watching
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It is not over until I win
  • #26,083
  • Jul 27, 2017 8:07pm Jul 27, 2017 8:07pm
Probably will retrace up to the DPV and continue downwards to S1 and probably S2.
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  • #26,084
  • Jul 27, 2017 8:10pm Jul 27, 2017 8:10pm
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Attachment GAttachment GHere's robert
  • #26,085
  • Jul 27, 2017 8:55pm Jul 27, 2017 8:55pm
holding my long term sell below 147.
keep it simple
  • #26,086
  • Edited 9:44pm Jul 27, 2017 9:33pm | Edited 9:44pm
Quoting zhafryy
Probably will retrace up to the DPV and continue downwards to S1 and probably S2. {image}
I agree. lets see what Mr. market has in store for us today
is this possible? we will find out
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best wishes
It is not over until I win
  • #26,087
  • Jul 27, 2017 10:35pm Jul 27, 2017 10:35pm
Quoting Gbp/jpy
{image}24159772415977Here's robert
good one, what timeframe chart is that?
  • #26,088
  • Edited 11:55pm Jul 27, 2017 11:30pm | Edited 11:55pm
Quoting karasinga
{quote} I agree. lets see what Mr. market has in store for us today is this possible? we will find out{image}best wishes
trade one:
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will manage aggressively. This might be a counter trend.Take profit may change depending on PA behaviour
It is not over until I win
  • #26,089
  • Jul 27, 2017 11:35pm Jul 27, 2017 11:35pm
After yesterdays short took profit at support. Then H4 broke below support. Short re entered with small stop. Today is Friday who knows maybe I'll get stopped out.
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  • #26,090
  • Jul 28, 2017 1:00am Jul 28, 2017 1:00am
Quoting karasinga
{quote} trade one:{image}will manage aggressively. This might be a counter trend.Take profit may change depending on PA behaviour
looks like a r:r of 1;1. 30 pips both sides. Interetingly after 30 pips both sides it could either fly from 145.55 or take a nose dive after 144.90
  • #26,091
  • Jul 28, 2017 1:12am Jul 28, 2017 1:12am
Targeting the DPV and hopefully it holds.
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  • #26,092
  • Jul 28, 2017 1:20am Jul 28, 2017 1:20am
Quoting NMZee
{quote} looks like a r:r of 1;1. 30 pips both sides. Interetingly after 30 pips both sides it could either fly from 145.55 or take a nose dive after 144.90
if this keeps going down, then my guess is that sellers are around 145.55
  • #26,093
  • Edited 2:29am Jul 28, 2017 1:55am | Edited 2:29am
Quoting NMZee
{quote} looks like a r:r of 1;1. 30 pips both sides. Interetingly after 30 pips both sides it could either fly from 145.55 or take a nose dive after 144.90
Your are right. R:R of 1:1 might be all you need in this game. Imagine risking 2% per trade and you gain R:R of 1:1 - means you have gained 2% of your account on that trade... just like that. I dont want to tell you to calculate if you are consistently profitable(2%/day) but the results are awesome(~54%). Even if this consistency is not there, 10%/month will make us a living. I know this sound like "get rich quick" but it is feasible. The trick is "consistency". Planning to track my trade for the next 1 month. happy trading
It is not over until I win
  • #26,094
  • Jul 28, 2017 2:01am Jul 28, 2017 2:01am
price now at Daily VWAP
  • #26,095
  • Jul 28, 2017 2:03am Jul 28, 2017 2:03am
If the DPV breaks, then we should see R1.
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  • #26,096
  • Jul 28, 2017 2:05am Jul 28, 2017 2:05am
Quoting karasinga
{quote} trade one:{image}will manage aggressively. This might be a counter trend.Take profit may change depending on PA behaviour
In the zone... watching you
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It is not over until I win
  • #26,097
  • Edited 2:40am Jul 28, 2017 2:07am | Edited 2:40am
Quoting karasinga
{quote} In the zone{image}
DPV it's holding! it's holding! we could see bear taking over now.
  • #26,098
  • Jul 28, 2017 2:53am Jul 28, 2017 2:53am
h quick" but it is feasible. The trick is "consistency". Planning to track my trade for the next 1 month. happy trading[/quote]
Let me know if u need a template for tracking trades.
  • #26,099
  • Jul 28, 2017 2:55am Jul 28, 2017 2:55am
Quoting NMZee
Let me know if u need a template for tracking trades.
Yes please
  • #26,100
  • Jul 28, 2017 2:59am Jul 28, 2017 2:59am
Quoting NMZee
Let me know if u need a template for tracking trades.
yes comrade
It is not over until I win
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