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Dragon Riders GBP/JPY

  • #26,161
  • Jul 30, 2017 8:20pm Jul 30, 2017 8:20pm
Quoting maflip
{quote} I have this crazy feeling it's going to hit my TP1 today. hah hah. Problem is they stopped me out to the dot last Friday. Oh well, UJ short is still working out. Well, If I can get an M5 setup short i'll take it. As long as TP1 on H4 is not yet hit. However, above 145.80 now reverses the situation to the bulls. {image}
i mentioned about month ago 148 was the top. Now seeing a Head and shoulder formation on daily . This is a confirmation she going to collapse hence short, going 144 first , then if that breaks good bye.
  • #26,162
  • Jul 30, 2017 8:24pm Jul 30, 2017 8:24pm
Quoting maflip
{quote} Hey good for you. Me, currently flat. UJ is still going down and GU at resistance. If GU can't break up this resistance. GJ going down baby.
Agree
this is what I waiting for and planning for to
but now time to go get some sleep
I just stay up a bit to check up my charts and confirm I was right or wrong

see you guys @ LO open
should be interesting week a head
Happy trading
Stay GREEN my friends........
  • #26,163
  • Edited 10:47pm Jul 30, 2017 9:53pm | Edited 10:47pm
Quoting karasinga
{quote} out and short{image}
can see bulls are in town. They might be accumulating orders for possible long(most likely a correction). My eyes wide open
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 31st.png Size: 82 KB
It is not over until I win
  • #26,164
  • Jul 30, 2017 10:38pm Jul 30, 2017 10:38pm
Quoting karasinga
{quote} can see bulls are in town. They might be accumulating orders for possible long. My eyes wide open{image}
Hi Karasinga:

What are the tools you are using to analyse the Support & Resistance zones and the Harmonic patterns. Could you please post it so that, it would be more helpful for me and ofcourse for all in the group.
  • #26,165
  • Jul 30, 2017 10:58pm Jul 30, 2017 10:58pm
Quoting karasinga
{quote} can see bulls are in town. They might be accumulating orders for possible long(most likely a correction). My eyes wide open{image}
We might see 144.2 this week.. let's see if it can break the first support.
  • #26,166
  • Jul 30, 2017 11:06pm Jul 30, 2017 11:06pm
Quoting zhafryy
{quote} We might see 144.2 this week.. let's see if it can break the first support.
Anything can happen... Learning that "trend is my friend until the end when it bends" happy trading
It is not over until I win
  • #26,167
  • Jul 30, 2017 11:33pm Jul 30, 2017 11:33pm
Quoting kkrish82
{quote} Hi Karasinga: What are the tools you are using to analyse the Support & Resistance zones and the Harmonic patterns. Could you please post it so that, it would be more helpful for me and ofcourse for all in the group.
hello kkrish82, I dont have any other tools other than what is on the charts. harmonic patterns; I use mt4 triangle and fibs which I believe you have. support and resistance I dont use: I am a staunch believer of supply and demand. hope this is helpful
It is not over until I win
  • #26,168
  • Jul 30, 2017 11:40pm Jul 30, 2017 11:40pm
GJ is about to crash.
  • #26,169
  • Jul 30, 2017 11:57pm Jul 30, 2017 11:57pm
Quoting Melch
GJ is about to crash.
i hope so , my favorite when crashing.
  • #26,170
  • Jul 31, 2017 12:25am Jul 31, 2017 12:25am
Quoting karasinga
{quote} hello kkrish82, I dont have any other tools other than what is on the charts. harmonic patterns; I use mt4 triangle and fibs which I believe you have. support and resistance I dont use: I am a staunch believer of supply and demand. hope this is helpful
hello karasinga:

Yes, thank you.

What do you think of today's Price action. Whether GJ is going to go down or up?
  • #26,171
  • Edited 1:58am Jul 31, 2017 1:38am | Edited 1:58am
may add short. between 145.26 and 145.35... may be wrong you know
It is not over until I win
  • #26,172
  • Jul 31, 2017 2:17am Jul 31, 2017 2:17am
Long from 145.08
SL: 144.80
TP:147.40
_______________
Sell limit @ 147.40
SL: 147.92
TP: 131.31
  • #26,173
  • Jul 31, 2017 2:26am Jul 31, 2017 2:26am
Quoting karasinga
may add short. between 145.26 and 145.35... may be wrong you know
145.217 and 145.178 seems hard nut to crack
It is not over until I win
  • #26,174
  • Jul 31, 2017 2:31am Jul 31, 2017 2:31am
still aiming for the long term downtrend.


Quote
trend is your friend
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 289 KB
  • #26,175
  • Jul 31, 2017 2:44am Jul 31, 2017 2:44am
PO
145.220 above long
145.00/144.880 below short
Exits == most important part of your strategy
  • #26,176
  • Jul 31, 2017 3:05am Jul 31, 2017 3:05am
Bull still on.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYkH4ff2.png Size: 31 KB
i have tried to start trades with a trend, now i prefer to follow the trend
  • #26,177
  • Jul 31, 2017 3:35am Jul 31, 2017 3:35am
GU seems pretty stubborn but I think it will do it this time.
  • #26,178
  • Jul 31, 2017 3:49am Jul 31, 2017 3:49am
Quoting zhafryy
GU seems pretty stubborn but I think it will do it this time.
It will happen, I still expect EURGBP to hit parity before the year ends. This week can make or break a new downtrend and I think that the downside is heavily favoured.
  • #26,179
  • Jul 31, 2017 3:59am Jul 31, 2017 3:59am
Quoting karasinga
may add short. between 145.26 and 145.35... may be wrong you know
Attached Image (click to enlarge)
Click to Enlarge Name: 2nd trade 31st.png Size: 76 KB
It is not over until I win
  • #26,180
  • Jul 31, 2017 4:04am Jul 31, 2017 4:04am
Quoting karasinga
{quote} {image}
Yup, that the last demand it need to go through.
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