{quote} I am short GBP/JPY, as I have another XXX/USD position already. Short on the Dragon at 148, no TP target, just letting it run and see how. We're on the same side.
MoneyFocus' thread of forex and fun
- #161
- Nov 23, 2017 5:36am Nov 23, 2017 5:36am
- | Membership Revoked | Joined Aug 2017 | 2,302 Posts
- #162
- Nov 23, 2017 5:37am Nov 23, 2017 5:37am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} Am I wrong about the Dragon?
I posted the pattern in the Dragon forum. If it breaks either direction. I'm taking a trade just for fun. .01 lot. lol todays is US Holiday. Just to kill boredom lol.
- #163
- Nov 23, 2017 5:37am Nov 23, 2017 5:37am
- | Membership Revoked | Joined Aug 2017 | 2,302 Posts
{quote} You can do it mate. Unlikely to see any great moves today with holidays but you never know... Still holding shorts on UJ and also shorts on GU, yes I know these are counter intuitive but I am confident in my analysis. If I am wrong then it is a lesson learned! S/R zones etc take precendent over overall currency strength in my humble opinion. Just because USD is weak if you look at UJ does not mean that GU will go up past a solid resistance zone. Only time will tell. One thing I have been looking into since yesterday is something called order...
UJ and GU can go down together....just that GJ goes down faster. Which is why I shorted GJ. Hopefully we can the green pips.
- #165
- Nov 23, 2017 7:00am Nov 23, 2017 7:00am
{quote} I'm with you. I'm short on GJ at 148. I wanted to take a short at GU, but I already have several XXX/USD positions.
Yes brother I agree.
UJ is my main currency pair so I stick with this for now as it has been very good to me over the last few weeks. Looking to add GU as my next so expect to see me post my thoughts on that more here.
I think places like this are great to bounce ideas off each other away from the noise of the other system/pair discussion threads
- #166
- Nov 23, 2017 7:17am Nov 23, 2017 7:17am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} Sorry I missed this post. Yup, still holding my shorts.
- #167
- Nov 23, 2017 7:26am Nov 23, 2017 7:26am
Posted this over in the PVSRA scalping thread but may aswell post here too. Not sure if you want scalps in this thread though so if not let meknow and I can delete this post.
Still overall bearish on GU now that it has hit the daily resisntance level so my short possiton is stil lopen but I am greedy and couldnt resist a quick scalp for +5.
Price consolidating above this key 1.33000 level in my opinion whilst MM's build more shorts before taking price all the way down. High volume took price down right onto 1.33000 but last high volume bearish candle had a very long wick showing exhaustion. I fully expect this pair to consolidate above this level for the rest of the day so entered a quick easy long scalp for +5
Still overall bearish on GU now that it has hit the daily resisntance level so my short possiton is stil lopen but I am greedy and couldnt resist a quick scalp for +5.
Price consolidating above this key 1.33000 level in my opinion whilst MM's build more shorts before taking price all the way down. High volume took price down right onto 1.33000 but last high volume bearish candle had a very long wick showing exhaustion. I fully expect this pair to consolidate above this level for the rest of the day so entered a quick easy long scalp for +5
- #168
- Nov 23, 2017 7:40am Nov 23, 2017 7:40am
- Joined Dec 2008 | Status: Home School Map Maker | 1,192 Posts
Let me introduce you to the rock chucker. 
as long as this triangle dose not form like this its going up. so far so good 
i would suggest saving the rock chucker. the the one that will get you every time.
as long as this triangle dose not form like this its going up. so far so good
- #169
- Nov 23, 2017 7:48am Nov 23, 2017 7:48am
- Joined Dec 2008 | Status: Home School Map Maker | 1,192 Posts
my take on the dragon. 
- #170
- Nov 23, 2017 7:53am Nov 23, 2017 7:53am
- Joined Dec 2008 | Status: Home School Map Maker | 1,192 Posts
EurJpy no change. 
- #171
- Nov 23, 2017 7:57am Nov 23, 2017 7:57am
- Joined Dec 2008 | Status: Home School Map Maker | 1,192 Posts
sterling dollar my best freind at the moment. 
- #172
- Nov 23, 2017 7:59am Nov 23, 2017 7:59am
- Joined Dec 2008 | Status: Home School Map Maker | 1,192 Posts
and the yarro. no change. 
- #175
- Nov 24, 2017 12:11am Nov 24, 2017 12:11am
- | Membership Revoked | Joined Aug 2017 | 2,302 Posts
{quote} Nice hope you get it. Me, No breakout, No trade. Gonna watch some movie.
- #176
- Nov 24, 2017 12:11am Nov 24, 2017 12:11am
- | Membership Revoked | Joined Aug 2017 | 2,302 Posts
sterling dollar my best freind at the moment.
{quote} Yes brother I agree. UJ is my main currency pair so I stick with this for now as it has been very good to me over the last few weeks. Looking to add GU as my next so expect to see me post my thoughts on that more here. I think places like this are great to bounce ideas off each other away from the noise of the other system/pair discussion threads
4xjunkie, I see that your TE has improved. Good job!
- #179
- Nov 24, 2017 5:04am Nov 24, 2017 5:04am
{quote} {quote} Hey buddies, looking forward to you guys sharing green pips.
Hey man,
Not much happend yesterday so still short GU and UJ, small retracement on UJ so took that oppurtinity to add 2 more lots short, one at 11.300 and one at 11.400
NY open right now so interesting to see what happens