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Dragon Riders GBP/JPY

  • #27,421
  • Oct 24, 2017 4:23am Oct 24, 2017 4:23am
Quoting sumar
{quote} You were right.....Great
That was a dang precise entry on GU lol only wrong by 1 pip hah hah. I hope you took the short. Now time to have some snacks. heh heh
  • #27,422
  • Oct 24, 2017 4:48am Oct 24, 2017 4:48am
Quoting MoneyFocus
For what it's worth, I'm short cable at 1.31957. Not the best entry, but whatever, I'm heading out.
Quoting ixam23
{quote} But GU stuck now at yesterdays close... {quote} what target are you looking for?

See what I meant?

I TP-ed out 1.31750. Cheers.
  • #27,423
  • Oct 24, 2017 9:57am Oct 24, 2017 9:57am
Anyone riding?
  • #27,424
  • Oct 24, 2017 10:05am Oct 24, 2017 10:05am
Quoting MoneyFocus
Anyone riding?
Yip. At last the dragon woke up....lol
Never Ever Give Up
  • #27,425
  • Oct 24, 2017 10:10am Oct 24, 2017 10:10am
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hope this time success to kill the dragon.
Exits == most important part of your strategy
  • #27,426
  • Oct 24, 2017 10:17am Oct 24, 2017 10:17am
Quoting edmun1388
{image} hope this time success to kill the dragon.
How far down do you think it will go?
Never Ever Give Up
  • #27,427
  • Oct 24, 2017 10:23am Oct 24, 2017 10:23am
Quoting sumar
{quote} How far down do you think it will go?
TP1 is 149.313 , but S1 is at 149.414
148.750 is my dream girl.
==
* who know start up from S1 , I dont know
+--------------------------------------------------------------------------------+
+ Your biggest enemy in trading is going to be a directional bias. +
+--------------------------------------------------------------------------------+
Exits == most important part of your strategy
  • #27,428
  • Edited 10:52pm Oct 24, 2017 9:36pm | Edited 10:52pm
small lot long only, mini green M15 bar that not give strength.[ small risk due the green bar body show no strength , with small stop loss]
* not a good entry signal but can give it a try with stop loss max 20 pips.
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******
this is 2nd signal of this strategy , yesterday short signal max pips is +63 , hope this give more.
+--------------------------------------------------------------------------------+
+ Your biggest enemy in trading is going to be a directional bias. +
+--------------------------------------------------------------------------------+
Exits == most important part of your strategy
  • #27,429
  • Oct 24, 2017 11:40pm Oct 24, 2017 11:40pm
Quoting edmun1388
small lot long only, mini green M15 bar that not give strength.[ small risk due the green bar body show no strength , with small stop loss] * not a good entry signal but can give it a try with stop loss max 20 pips. {image} {image} ****** this is 2nd signal of this strategy , yesterday short signal max pips is +63 , hope this give more. +--------------------------------------------------------------------------------+ + Your biggest enemy in trading is going to be a directional bias. + +--------------------------------------------------------------------------------+...
I'm very reluctant to take trades during the Asian session before the London open as it tends to tight range most of the time. I look at the M5 chart
Never Ever Give Up
  • #27,430
  • Oct 25, 2017 12:19am Oct 25, 2017 12:19am
Quoting edmun1388
small lot long only, mini green M15 bar that not give strength.[ small risk due the green bar body show no strength , with small stop loss] * not a good entry signal but can give it a try with stop loss max 20 pips. {image} {image} ****** this is 2nd signal of this strategy , yesterday short signal max pips is +63 , hope this give more. +--------------------------------------------------------------------------------+ + Your biggest enemy in trading is going to be a directional bias. + +--------------------------------------------------------------------------------+...
closed -10
Exits == most important part of your strategy
  • #27,431
  • Oct 25, 2017 12:33am Oct 25, 2017 12:33am
My thoughts for today... UJ at daily resistance area so I think there's going to be good movement either side. If break up above 114, up we go if break down 113.70 we retest the lower head. If you are not into breakout then just trade the retrace. Chart is UJ but GJ might follow UJ before the GBP news. Let's see what happens.

There's also an inverted H&S there so looking bullish at the moment. What are others opinion?
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  • #27,432
  • Oct 25, 2017 12:40am Oct 25, 2017 12:40am
Quoting MoneyFocus
Anyone riding?
Money man is long GJ so we are hoping for a break up.
  • #27,433
  • Oct 25, 2017 2:03am Oct 25, 2017 2:03am
ah well GU is going down UJ still in range GJ is getting screwed at the moment.
  • #27,434
  • Oct 25, 2017 3:30am Oct 25, 2017 3:30am
WOW!!!
Never Ever Give Up
  • #27,435
  • Oct 25, 2017 3:31am Oct 25, 2017 3:31am
Quoting sumar
WOW!!!
Report better than expected.
  • #27,436
  • Oct 25, 2017 3:55am Oct 25, 2017 3:55am
UJ breaking up... Whatya gonna do? 1:1 target of this breakout is 114.20... If it trends then... HOMERUN!!!
  • #27,437
  • Oct 25, 2017 4:00am Oct 25, 2017 4:00am
Quoting maflip
UJ breaking up... Whatya gonna do? 1:1 target of this breakout is 114.20... If it trends then... HOMERUN!!!
Will GJ stall now at 150.46 or is it going to make a run for 151?
Never Ever Give Up
  • #27,438
  • Oct 25, 2017 4:08am Oct 25, 2017 4:08am
Quoting sumar
{quote} Will GJ stall now at 150.46 or is it going to make a run for 151?
I don't know but if you take it now you are getting it at the high. GU UJ going up at the same time the dragon roared. Thing is though it hit the daily range of 130 pips in a matter of 45 minutes already. Best to let it retrace first. So far UJ still hasn't reached the intraday range GJ can still go up but let it retrace first.

UJ missed 1:1 target by 2 pips. So nice breakout trade so nice.
  • #27,439
  • Oct 25, 2017 4:12am Oct 25, 2017 4:12am
Quoting maflip
{quote} I don't know but if you take it now you are getting it at the high. GU UJ going up at the same time the dragon roared. Thing is though it hit the daily range of 130 pips in a matter of 45 minutes already. Best to let it retrace first. So far UJ still hasn't reached the intraday range GJ can still go up but let it retrace first. UJ missed 1:1 target by 2 pips. So nice breakout trade so nice.
Looks like UJ is still roaring to go
Never Ever Give Up
  • #27,440
  • Oct 25, 2017 4:16am Oct 25, 2017 4:16am
Quoting sumar
{quote} Looks like UJ is still roaring to go
Yeah even if it retrace for a retest of the broken resistance I think it's going to continue. The day is still early for UJ. Still got room to run. It's nearing R1 though so they might start to take profit soon.
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