Dragon Riders GBP/JPY | Page 1397 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Enter The Dragon - GBP/JPY 2 replies

Info on the Borihei-Dragon Scalping System? 15 replies

The Dragon 441 replies

Scalping The Dragon 34 replies

***Dragon II*** 15 replies

Attachments: Dragon Riders GBP/JPY
Exit Attachments

Dragon Riders GBP/JPY

  • #27,921
  • Nov 16, 2017 10:15am Nov 16, 2017 10:15am
I believe this pair to be bearish as well. How low, I have no idea, but bearish. I have shared more in my thread. Cheers.

https://www.forexfactory.com/showthr...3#post10501653
  • #27,922
  • Nov 16, 2017 10:50am Nov 16, 2017 10:50am
Quoting MoneyFocus
I believe this pair to be bearish as well. How low, I have no idea, but bearish. I have shared more in my thread. Cheers. https://www.forexfactory.com/showthr...3#post10501653
Looking at the day chart I tend to agree with you. It seems to respect the trendline since 1 November. But it looks as if the trendline is retested
Never Ever Give Up
  • #27,923
  • Nov 16, 2017 10:57am Nov 16, 2017 10:57am
Quoting sumar
{quote} Looking at the day chart I tend to agree with you. It seems to respect the trendline since 1 November. But it looks as if the trendline is retested
i hope i dont jinx it, but it still has sell written all over it.

also, someone good told me xauusd is bullish, so....
  • #27,924
  • Nov 16, 2017 5:11pm Nov 16, 2017 5:11pm
GJ at 4 hour close resistance, waiting for a change in structure on lower TF.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 36 KB
  • #27,925
  • Nov 16, 2017 5:42pm Nov 16, 2017 5:42pm
UJ is also looking bearish for the confluence, waiting for hourly close so i dont get whipsawed again.
  • #27,926
  • Nov 16, 2017 7:06pm Nov 16, 2017 7:06pm
Back in the days of Ioka San's interventions, the daily often looked similar to what it is now - before it took off.
  • #27,927
  • Nov 16, 2017 8:11pm Nov 16, 2017 8:11pm
Took a long on GBPJPY at 149.

Follow my thread for real time updates.
  • #27,928
  • Nov 16, 2017 10:28pm Nov 16, 2017 10:28pm
Quoting MoneyFocus
Took a long on GBPJPY at 149. Follow my thread for real time updates.
Long? Looks like 149 is still holding
Never Ever Give Up
  • #27,929
  • Nov 16, 2017 10:33pm Nov 16, 2017 10:33pm
Edmund.....no range predictions today???? lol
Never Ever Give Up
  • #27,930
  • Nov 16, 2017 10:46pm Nov 16, 2017 10:46pm
Quoting sumar
Edmund.....no range predictions today???? lol
bro , no daily new bar yet , time-shift 1 hour.
* I know some of u trade that range , buy from 1 side to tp another lolz , but if that day is trending only 1 direction, say goodbye to account or rich
+--------------------------------------------------------------------------------+
+ Your biggest enemy in trading is going to be a directional bias. +
+ If a pattern does not make sense to you , don't trade it. +
+--------------------------------------------------------------------------------+
Exits == most important part of your strategy
  • #27,931
  • Nov 16, 2017 10:55pm Nov 16, 2017 10:55pm
Quoting edmun1388
{quote} bro , no daily new bar yet , time-shift 1 hour. * I know some of u trade that range , buy from 1 side to tp another lolz , but if that day is trending only 1 direction, say goodbye to account or rich
Lol. If the range is too tight I stay on the sideways until a breakout. I look at the M5 and M15 charts. At the moment it's jumping between 148.98 and 148.82
Never Ever Give Up
  • #27,932
  • Edited Nov 17, 2017 1:26am Nov 16, 2017 11:00pm | Edited Nov 17, 2017 1:26am
Monday : 50 pips
Tuesday : 24.6
Wednesday : 30.4 pips
==============
UP TP1 : 149.099
DN TP1 : 148.765
=============
today : 33.4 pips

==========
17-Nov-2017
GBPJPY [ 149.099 - 148.765 = 33.4 pips ]
GBPUSD [ 1.32458 - 1.32094 = 36.4 pips ]
USDJPY [ 112.710 - 112.476 = 23.4 pips ]
Attached Image

+--------------------------------------------------------------------------------+
+ Your biggest enemy in trading is going to be a directional bias. +
+ If a pattern does not make sense to you , don't trade it. +
+--------------------------------------------------------------------------------+
Exits == most important part of your strategy
  • #27,933
  • Nov 16, 2017 11:01pm Nov 16, 2017 11:01pm
Watch UJ...at 112.60..resistance, if punches through, could drag GJ up...GJ is also at 148.94 area, where the price action seems to be the most volatile.
  • #27,934
  • Nov 17, 2017 1:04am Nov 17, 2017 1:04am
No data today except for the USD later. I hope it's not going to be a sleepy day for the GJ
Never Ever Give Up
  • #27,935
  • Nov 17, 2017 2:16am Nov 17, 2017 2:16am
Quoting sumar
No data today except for the USD later. I hope it's not going to be a sleepy day for the GJ
Even with no data, Fridays are often quite interesting
  • #27,936
  • Nov 17, 2017 5:00am Nov 17, 2017 5:00am
WOW! What just happened??? Brexit news?
Never Ever Give Up
  • #27,937
  • Nov 17, 2017 5:10am Nov 17, 2017 5:10am
Why this sudden fall? Can someone tell on this please? All technical views fails.
  • #27,938
  • Nov 17, 2017 5:15am Nov 17, 2017 5:15am
Yes, very sudden. Was expecting UJ to be hit together with GJ (along with EJ and AJ) if anything. Not sure why GJ took a hit from nowhere.

Still searching. Would be glad if anyone could enlighten, thanks.

Any brave souls dare to take a long from here? LOL
  • #27,939
  • Nov 17, 2017 5:33am Nov 17, 2017 5:33am
Quoting jagadish123
Why this sudden fall? Can someone tell on this please? All technical views fails.
The reason is because GBPUSD Day chart was at 38.2, again is because it was a retracement that is happening on a bearish Day Charts, Too much volume on GBPUSD dragged all pairs down, I just new to forex but that is the best I can explain
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 35 KB
  • #27,940
  • Nov 17, 2017 5:38am Nov 17, 2017 5:38am
Quoting msniper
if you have analysis for GJ please share it with us
sure why not. here's my take on GJ 240. Range locked for now, bias is to the downside. It's possible that there is one final rip in GU for 3350 however any GU gains will get offset by UJ losses, so don't hold your breath. However my reading of both UJ/GU is that any upside is very very limited near term (1-2 weeks).

Once this range breaks to the downside initial PT is 145. GJ strategy for now is to short sell rips @ the highs of the current range (near 149-150).

Have a nice day!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 63 KB
67 traders viewing now