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Dragon Riders GBP/JPY

  • #26,201
  • Jul 31, 2017 7:57am Jul 31, 2017 7:57am
Jpy remain too strong to reverse yet.
  • #26,202
  • Jul 31, 2017 8:25am Jul 31, 2017 8:25am
I'm back and market still ranging, staying on the sideline until we see real movement.
  • #26,203
  • Jul 31, 2017 8:26am Jul 31, 2017 8:26am
What do you mean to strong to reverse? We had over 600 pips up, 380 pips down, then about 70% retrace. Bearish pin on last day of retrace, then Bearish Outside bar on Thursday. This can go 143, maybe 139. I do not think move down finished yet.
  • #26,204
  • Jul 31, 2017 8:32am Jul 31, 2017 8:32am
Quoting IndigoPingvi
What do you mean to strong to reverse? We had over 600 pips up, 380 pips down, then about 70% retrace. Bearish pin on last day of retrace, then Bearish Outside bar on Thursday. This can go 143, maybe 139. I do not think move down finished yet.

may be the usual reversal or immediate retrace by 23% then 50%, 61% and 78%....
  • #26,205
  • Jul 31, 2017 8:57am Jul 31, 2017 8:57am
It's safe to say that the S1 is no longer valid because the price moving through it since morning (my time).
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  • #26,206
  • Jul 31, 2017 9:07am Jul 31, 2017 9:07am
Very choppy , 18 pip range
Just 20 pips a day to riches
  • #26,207
  • Jul 31, 2017 9:39am Jul 31, 2017 9:39am
Quoting FastPipn
Very choppy , 18 pip range
down to 10 pip range
Just 20 pips a day to riches
  • #26,208
  • Jul 31, 2017 9:44am Jul 31, 2017 9:44am
Maybe bullish triangle on M5,M15,M30,H1 ??
  • #26,209
  • Jul 31, 2017 9:53am Jul 31, 2017 9:53am
Quoting karasinga
{quote} yes. either hold or go through... "decision making zone" but order flow favors the bears. can this change? yes. watching PA attentively
145.40 seems like a good supply zone on 1 Hr. Will see PA around that price.
  • #26,210
  • Jul 31, 2017 9:54am Jul 31, 2017 9:54am
Quoting karasinga
{quote} {image} edited: obstacles that market has to overcome: There are 4 dense areas(check the chart) that market has to conquer if it will achieve the target. Having said that, by the time market is done with zones it might be quite exhausted and probably pull back . it will be important to be vigilant within the zones for any sign of change of trend.{image} best wishes
out 6.1%... done for the day. see you guys tomorrow
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It is not over until I win
  • #26,211
  • Jul 31, 2017 9:54am Jul 31, 2017 9:54am
Quoting maflip
Long setup coming up on GU IF it trades above the arrow. Don't worry GJ shorts you are fine as long as UJ is still going down. It might just mean more ranging for GJ for now if GU goes up. {image}
GU going up it seems to be taking GJ with it. That arrow I drew there is a valid trigger. Who went long GU? Don't fall in love with the GJ up side yet. UJ is still going down.
  • #26,212
  • Jul 31, 2017 10:02am Jul 31, 2017 10:02am
Nice move up, I think this will be a nice ride of at least 100 pips, taking longs is advisable and don't try to short this dangerous move up.
  • #26,213
  • Jul 31, 2017 10:09am Jul 31, 2017 10:09am
GU has hit it's target and GJ at resistance UJ is still going down. Make a decision quick. What to do what to do? If you short here. Keep a close eye on UJ. If it reverses up. Boom this thing is going to go up fast.
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  • #26,214
  • Jul 31, 2017 10:15am Jul 31, 2017 10:15am
lol. Who says they don't manipulate price at 11 am??? That's not traders after a friggin 18 pip range the past 6 hours. That's banks and LPs.
  • #26,215
  • Jul 31, 2017 10:19am Jul 31, 2017 10:19am
Quoting pipmaster77
lol. Who says they don't manipulate price at 11 am??? That's not traders after a friggin 18 pip range the past 6 hours. That's banks and LPs.
hah hah yeah. But what sucks more is..... I was taking a shower when GU went up the roof. I totally missed the trade. 11PM here I was getting ready to go to bed. hah hah
  • #26,216
  • Jul 31, 2017 10:20am Jul 31, 2017 10:20am
Is there an explanation as to why GJ shot up like that? I saw it did the same thing a week ago so I sold at resistance
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  • #26,217
  • Jul 31, 2017 10:21am Jul 31, 2017 10:21am
Quoting nesta
TP1 145.798 TP2 146.315 Trade-with-my.system
if you my trade,My-post analysis, subscribed to ME
  • #26,218
  • Jul 31, 2017 10:23am Jul 31, 2017 10:23am
That is what we call a huge accumulation hahaha.
  • #26,219
  • Jul 31, 2017 10:24am Jul 31, 2017 10:24am
That's what happened after 8 hours of choppy ride.
  • #26,220
  • Jul 31, 2017 10:25am Jul 31, 2017 10:25am
Quoting zhafryy
That's what happened after 8 hours of choppy ride.
You god damn right !!
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