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Dragon Riders GBP/JPY

  • #28,121
  • Dec 18, 2017 5:56am Dec 18, 2017 5:56am
Quoting MoneyFocus
{quote} Very weird. I got hit too.
It rebounded from 149.40 but I have yet to open a long. I am not sure whether it won't continue depreciating.
  • #28,122
  • Dec 19, 2017 4:50am Dec 19, 2017 4:50am
The Daily trend remains bullish, the pair couldn't break support 2 days ago, but further price movement today is uncertain
  • #28,123
  • Dec 19, 2017 5:48am Dec 19, 2017 5:48am
Quoting koleso
The Daily trend remains bullish, the pair couldn't break support 2 days ago, but further price movement today is uncertain
I think it may rally back to 151.00 but I doubt there will be any larger movements so close to Christmas.
  • #28,124
  • Dec 20, 2017 3:39am Dec 20, 2017 3:39am
still holding LONG @149.xx & @148.xx

price now 151.60

target minimum 159 and can extend to 164

I don't know how long it will take for this happen before end of 2017 ? or after new year. lets watch

good luck to all
  • #28,125
  • Dec 20, 2017 3:46am Dec 20, 2017 3:46am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYWeekly.png Size: 86 KB
POW!
  • #28,126
  • Dec 20, 2017 6:15am Dec 20, 2017 6:15am
In my analysis, I see price visiting 150.25 zone first before it rockets to 155-156 zone, with potential to 157 zone.
The fall after that won't take very long and it's actually slightly better than the hike, going to 149-148 zone.
Let's see.
Hey buddy, let's grab some Pips!
  • #28,127
  • Dec 20, 2017 6:33am Dec 20, 2017 6:33am
Quoting msniper
still holding LONG @149.xx & @148.xx price now 151.60 target minimum 159 and can extend to 164 I don't know how long it will take for this happen before end of 2017 ? or after new year. lets watch good luck to all
I opened a long yesterday at 151.00 and I think I will keep it until it reaches around 152.00. I don't dare keep positions open long around the holidays.
  • #28,128
  • Dec 20, 2017 5:05pm Dec 20, 2017 5:05pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 20 KB
POW!
  • #28,129
  • Dec 21, 2017 7:19am Dec 21, 2017 7:19am
I have yet to close my long but I've decided that if it doesn't reach 152.00 before the market closes tomorrow I won't keep it open during the Christmas holiday.
  • #28,130
  • Dec 21, 2017 7:40pm Dec 21, 2017 7:40pm
Quoting dianajs
I have yet to close my long but I've decided that if it doesn't reach 152.00 before the market closes tomorrow I won't keep it open during the Christmas holiday.
I'm no sure if it's a good idea keeping any long for this pair, once USDJPY started a possible reversal pattern to 110.x area.
Hey buddy, let's grab some Pips!
  • #28,131
  • Dec 21, 2017 8:36pm Dec 21, 2017 8:36pm
Hi guys!
USDJPY definitely can't be ignored, right?
So, this is my analysis for USDJPY on 2D chart.
Based on this analysis, which is valid only if USDJPY doesn't break at the top of the indicated falling channel, we can consider:
(1) for a weak GDP, GDPJPY is going to crash;
(2) strong GDP, this pair will be ranging (small shorts and longs);
(3) ranging GDP, GDPJPY will still go down anyway.
I hope you enjoy it and Merry Christmas.
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_1014483_USDJPY_2017-12-22_13-14-51.png Size: 131 KB
Hey buddy, let's grab some Pips!
  • #28,132
  • Dec 22, 2017 4:49am Dec 22, 2017 4:49am
The current bullish impulse seems to end soon, so if the price is set to close below 151.47 on H1 timeframe it may be intersting to look for bear signals
  • #28,133
  • Dec 22, 2017 6:26am Dec 22, 2017 6:26am
Quoting WhiteMouseFX
{quote} I'm no sure if it's a good idea keeping any long for this pair, once USDJPY started a possible reversal pattern to 110.x area.
There's no reversal on GBP/JPY yet but the pair is range-bound because of the holidays and I did end up closing my position. It's pointless to wait for it at the moment.
  • #28,134
  • Dec 22, 2017 9:56am Dec 22, 2017 9:56am
looks like a good sell opportunity
Don't Worry Be Happy
  • #28,135
  • Dec 25, 2017 7:56am Dec 25, 2017 7:56am
Quoting MrPresident
looks like a good sell opportunity
It does appear that way. I may short after the holidays.
  • #28,136
  • Dec 26, 2017 7:25am Dec 26, 2017 7:25am
As we thought the pair is at least vaguely bearish. There is not enough volatility to open a short, however.
  • #28,137
  • Dec 26, 2017 8:08am Dec 26, 2017 8:08am
i sold from 151.3 since i'm crazy

stop 153, targets 150, 147.9, 147
Don't Worry Be Happy
  • #28,138
  • Dec 27, 2017 5:45am Dec 27, 2017 5:45am
Quoting MrPresident
i sold from 151.3 since i'm crazy stop 153, targets 150, 147.9, 147
Good call🤭
  • #28,139
  • Dec 27, 2017 5:52am Dec 27, 2017 5:52am
Strong bull in play at the moment....expecting to breach 152.30 this week.
  • #28,140
  • Dec 27, 2017 6:10am Dec 27, 2017 6:10am
Quoting Robst3r
{quote} Good call🤭
good timing also. )))
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