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Dragon Riders GBP/JPY

  • #28,081
  • Dec 5, 2017 3:45am Dec 5, 2017 3:45am
The pair hit the level at 150.60 on H1 timeframe. It's hard to break it down, so new bull impulse may occur soon
  • #28,082
  • Dec 5, 2017 5:49am Dec 5, 2017 5:49am
my long @ 147 & 148 area are still active

at the moment the GJ between 150.60 to 149.25 this will be the last call and chance for people to buy before the plane take off and rally start

we are heading to 156 then 160 and possibly 164

good luck everyone
  • #28,083
  • Dec 5, 2017 8:06am Dec 5, 2017 8:06am
I just shorted, there is a double top around 152.70. I think there will be a correction before another bull run.
  • #28,084
  • Dec 6, 2017 1:41am Dec 6, 2017 1:41am
Quoting msniper
my long @ 147 & 148 area are still active at the moment the GJ between 150.60 to 149.25 this will be the last call and chance for people to buy before the plane take off and rally start we are heading to 156 then 160 and possibly 164 good luck everyone
still hold your long bro
from +500 become +200 do u feel good ? or may be you need adjust your strategy
* few years ago I also like you , from +2000 pips close at 500 pips , sad face
Exits == most important part of your strategy
  • #28,085
  • Dec 6, 2017 1:55am Dec 6, 2017 1:55am
Quoting edmun1388
{quote} still hold your long bro from +500 become +200 do u feel good ? or may be you need adjust your strategy * few years ago I also like you , from +2000 pips close at 500 pips , sad face
I feel good lol
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  • #28,086
  • Dec 6, 2017 2:41am Dec 6, 2017 2:41am
Quoting edmun1388
{quote} still hold your long bro from +500 become +200 do u feel good ? or may be you need adjust your strategy * few years ago I also like you , from +2000 pips close at 500 pips , sad face
your strategy is hit and run and mine is different.

it will be a matter of time until wave 3 of 3 start and you will see the big green candles will wipe all people with short position.

I guess we might hear a sudden news about GBP and brexit that will make it fly. or may be just UJ will do the job

time will tell
  • #28,087
  • Dec 6, 2017 2:57am Dec 6, 2017 2:57am
Quoting msniper
{quote} your strategy is hit and run and mine is different. it will be a matter of time until wave 3 of 3 start and you will see the big green candles will wipe all people with short position. I guess we might hear a sudden news about GBP and brexit that will make it fly. or may be just UJ will do the job time will tell
Day trading and long term trading both got their pros and cons. I prefer day trading. Too scared to leave trades overnight. That's just me. You use a strategy that suits your personality. If it works for you, good. I target 30 to 50 pips per day. It works for me
Never Ever Give Up
  • #28,088
  • Dec 6, 2017 2:58am Dec 6, 2017 2:58am
Quoting msniper
{quote} your strategy is hit and run and mine is different. it will be a matter of time until wave 3 of 3 start and you will see the big green candles will wipe all people with short position. I guess we might hear a sudden news about GBP and brexit that will make it fly. or may be just UJ will do the job time will tell
which 3 of 3 anyway
  • #28,089
  • Dec 6, 2017 6:18am Dec 6, 2017 6:18am
Quoting IPMan
{quote} which 3 of 3 anyway
this is my Elliott Waves Count. we will soon start the powerful wave 3
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  • #28,090
  • Dec 6, 2017 8:21am Dec 6, 2017 8:21am
As I thought, the pair started depreciating. I think it will reach 149.50 soon.
  • #28,091
  • Dec 6, 2017 9:16am Dec 6, 2017 9:16am
Quoting msniper
{quote} this is my Elliott Waves Count. we will soon start the powerful wave 3 {image}
Good luck, this is my view. You sure know what's next.
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Edit: Don't mind about my trade, I'm still in profit even if I'm wrong.
  • #28,092
  • Dec 6, 2017 1:10pm Dec 6, 2017 1:10pm
GJ
Holding 150.12 lower support now resistance could open 148.60-12 area.
  • #28,093
  • Dec 6, 2017 1:11pm Dec 6, 2017 1:11pm
happy trading
  • #28,094
  • Dec 6, 2017 2:36pm Dec 6, 2017 2:36pm
It seems it's gonna range a little bit, maybe wedging up slowly to just before 151 area and then 148.x zone.
Hey buddy, let's grab some Pips!
  • #28,095
  • Dec 7, 2017 3:03am Dec 7, 2017 3:03am
retracemnet on the daily timefrme could come to an end, since H1 trend reversed and is bullish now
  • #28,096
  • Dec 7, 2017 3:10am Dec 7, 2017 3:10am
Target 151.90 then
Short til 151. 10
Buy 151.10
TP 153.80
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  • #28,097
  • Dec 7, 2017 3:14am Dec 7, 2017 3:14am
Quoting RBlackburn
Target 151.90 then Short til 151. 10 Buy 151.10 TP 153.80 {image}
4H
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  • #28,098
  • Dec 7, 2017 3:23am Dec 7, 2017 3:23am
Quoting koleso
retracemnet on the daily timefrme could come to an end, since H1 trend reversed and is bullish now
Really?

Quote
The pair hit the level at 150.60 on H1 timeframe. It's hard to break it down, so new bull impulse may occur soon
Same statement, perhaps you calling on retracement?
  • #28,099
  • Dec 7, 2017 6:07am Dec 7, 2017 6:07am
I, personally, think that the depreciation will continue. Whatever the signals on the H1 time frame the D1 time frame has signals for a drop - a double top and a shooting star bar at 152.70.
  • #28,100
  • Dec 7, 2017 10:17pm Dec 7, 2017 10:17pm
Howdy partners! Wanted to intro myself as a fellow dragonrider. New to the forum. Moderately new to trading Forex. Currently trying to break into swinging the trend on the weekly. I suspect we have a bit more upwards on the weekly bars before accumulation and retracement. BuUUut who knows? I trade what I see. Seems easier to predIct market participation like at breakouts? News at London should be a good op. Bullish for now. We'll see.

Trade safe
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