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Dragon Riders GBP/JPY

  • #26,821
  • Sep 18, 2017 3:04am Sep 18, 2017 3:04am
Quoting Salazar
{quote} Much more talking for gbp you really think they can talketup more hahahahaha
Refuses to break below 150.85. Thoughts?
  • #26,822
  • Sep 18, 2017 3:10am Sep 18, 2017 3:10am
looks like that i think
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #26,823
  • Sep 18, 2017 4:08am Sep 18, 2017 4:08am
There are gaps down that still has yet to be covered. Hmmmmm
  • #26,824
  • Sep 18, 2017 4:14am Sep 18, 2017 4:14am
Gbpchf looking short
  • #26,825
  • Sep 18, 2017 4:27am Sep 18, 2017 4:27am
GBP/JPY shorts looking good if .85 doesn't hold. Could see another massive fall before a rally.
  • #26,826
  • Sep 18, 2017 4:29am Sep 18, 2017 4:29am
Quoting MoneyFocus
GBP/JPY shorts looking good if .85 doesn't hold. Could see another massive fall before a rally.
Stupid me I am short since friday Praying it will fall down. How low you think it might drop before continuing north?
  • #26,827
  • Sep 18, 2017 4:34am Sep 18, 2017 4:34am
Quoting Puccini
{quote} Stupid me I am short since friday Praying it will fall down. How low you think it might drop before continuing north?
Not sure about your time zone, but at one point it hit 150.2x, you could had taken profit?

I'm currently short on GBP/JPY as well, at 150.998. There are gaps to be filled southwards, but so far, .85 is defended well. We need to breach this with strength before we can talk about any further downside.

At what price are you short?

EDIT: Hope I don't jinx it, but here we go.
  • #26,828
  • Sep 18, 2017 4:38am Sep 18, 2017 4:38am
Quoting MoneyFocus
{quote} At what price are you short?
149.36 and more at 150.33. I know - Muppet
  • #26,829
  • Sep 18, 2017 4:40am Sep 18, 2017 4:40am
Talking about gaps - last week's gap was never filled. Wasn't even attempted, went straight north...
  • #26,830
  • Sep 18, 2017 4:41am Sep 18, 2017 4:41am
Quoting Puccini
Talking about gaps - last week's gap was never filled. Wasn't even attempted, went straight north...
And thus my belief we should see some pullback for GBP this week. It is only healthy.
  • #26,831
  • Sep 18, 2017 4:47am Sep 18, 2017 4:47am
Quoting Puccini
{quote} 149.36 and more at 150.33. I know - Muppet
Don't beat yourself up...we all make mistakes at times...I was adding to my NZD/USD shorts as well last week.

There is hope for the shorts at 150.33. It did reached 150.2x last friday, so we cannot rule it out. It is still well within the range of this pair. GBP/JPY can be bullish, but 150 is still within range for sure. Like what I said, if we breached .85, we will see further downside and here we are, at the high .60s/low .70s.

Let's watch to see if .62 can be pierced first. Cheers.
  • #26,832
  • Sep 18, 2017 4:53am Sep 18, 2017 4:53am
I live in UK. With all this Brexit crap, there is not a single reason for GBP to go strong. Here is what I think - UK announced that they are willing to pay part of Brexit Bill (it is astronomic) which is in EUR. So what they are doing now (saying they might increase interest rates, etc) i guess is just a bluff, to spike GBP as much as they can, so that paying the bill is not that painful (look at EURGBP in the last 2 weeks). So all these talks and crap will save hundreds of millions when it comes to pay the bill. After that, all bad figures will come out, and GBP will continue to sink like a Titanic....
I might be wrong, but that is the logic/conspiracy that I see lol
  • #26,833
  • Sep 18, 2017 5:07am Sep 18, 2017 5:07am
Quoting Puccini
I live in UK. With all this Brexit crap, there is not a single reason for GBP to go strong. Here is what I think - UK announced that they are willing to pay part of Brexit Bill (it is astronomic) which is in EUR. So what they are doing now (saying they might increase interest rates, etc) i guess is just a bluff, to spike GBP as much as they can, so that paying the bill is not that painful (look at EURGBP in the last 2 weeks). So all these talks and crap will save hundreds of millions when it comes to pay the bill. After that, all bad figures will...
The GBP took a massive hit right after Brexit. Could it be that the worse is over? Perhaps problems have been priced in?

It really doesn't matter what we think after the prices have moved. We can only cut loss and move on or to hold on and tough out the ride. I'm not sure which would be your choice.

What I do know is that you should be chanting with me for GBP/JPY to plunge now.
  • #26,834
  • Sep 18, 2017 5:11am Sep 18, 2017 5:11am
  • #26,835
  • Sep 18, 2017 5:14am Sep 18, 2017 5:14am
Last hour closed below 20 SMA so let's see where that'l take us
  • #26,836
  • Sep 18, 2017 5:20am Sep 18, 2017 5:20am
Quoting Puccini
Last hour closed below 20 SMA so let's see where that'l take us
Where do you think that takes us to?
  • #26,837
  • Sep 18, 2017 5:21am Sep 18, 2017 5:21am
Don't worry he will talk it up again today that's like a comedy
  • #26,838
  • Sep 18, 2017 5:30am Sep 18, 2017 5:30am
Quoting Salazar
Don't worry he will talk it up again today that's like a comedy
We're on the same short side now, buddy. No need for that angsty attitude.
  • #26,839
  • Sep 18, 2017 5:38am Sep 18, 2017 5:38am
Quoting Puccini
Let's see if we have a party or we would be denied at the doors by a bouncer.

Get it? Bounce.
  • #26,840
  • Sep 18, 2017 5:46am Sep 18, 2017 5:46am
Where I 'm originated from - bouncer was just a temporary obstacle lol
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