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Dragon Riders GBP/JPY

  • #28,141
  • Dec 27, 2017 7:49am Dec 27, 2017 7:49am
After much consideration I decided not to short after all and good thing I did because I would be watching rising now.
  • #28,142
  • Dec 28, 2017 12:27am Dec 28, 2017 12:27am
Hello fellow traders,

Expecting lower low on h4. Nice bearish candle.

Thanks

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 41 KB
"The markets can remain irrational longer than you can remain solv
  • #28,143
  • Dec 28, 2017 7:54am Dec 28, 2017 7:54am
Quoting MrPresident
i sold from 151.3 since i'm crazy stop 153, targets 150, 147.9, 147
it can't close above 152 on the daily chart, waiting for it to tumble
Don't Worry Be Happy
  • #28,144
  • Dec 28, 2017 8:10am Dec 28, 2017 8:10am
Quoting shyean
Hello fellow traders, Expecting lower low on h4. Nice bearish candle. Thanks {image}
The candle is good, I agree, but the pair is range-bound and I am not sure how reliable even these candles are.
  • #28,145
  • Dec 29, 2017 8:16am Dec 29, 2017 8:16am
The candle really wasn't very reliable, the pair is bullish and I think it will rally at least to 152.46.
  • #28,146
  • Dec 29, 2017 8:18am Dec 29, 2017 8:18am
this pair is spanking my ass so hard that it's red
Don't Worry Be Happy
  • #28,147
  • Dec 29, 2017 8:33am Dec 29, 2017 8:33am
This pair drained my patience quicker than my phone battery draining...
  • #28,148
  • Jan 2, 2018 2:16am Jan 2, 2018 2:16am
Ascending triangle: target 153,09 (which is daily R2 pivot)
  • #28,149
  • Jan 2, 2018 2:24am Jan 2, 2018 2:24am
Interestingly enough: 61,8% expansion coincides with R3 pivot at 153,48
  • #28,150
  • Jan 2, 2018 7:50am Jan 2, 2018 7:50am
Quoting drglnx
This pair drained my patience quicker than my phone battery draining...
Many instruments are heavily range-bound during this period, it's not just GBP/JPY. The winter holidays are practically over now, soon everything should return to normal.
  • #28,151
  • Jan 3, 2018 7:17am Jan 3, 2018 7:17am
The pair pulled back from 152.80 and is now testing 152.25, I think it may drop to 151.50.
  • #28,152
  • Jan 4, 2018 7:44am Jan 4, 2018 7:44am
Although the pair dropped 151.74 it quickly rebounded from that level and is now testing 152.80. I think that it breaks out above it the pair will reach 153.40.
  • #28,153
  • Jan 5, 2018 7:49am Jan 5, 2018 7:49am
The pair is still moving north and broke out above 153.40. I think we may see it rally to 154.00.
  • #28,154
  • Edited 9:53am Jan 5, 2018 9:41am | Edited 9:53am
Are 20-40 point spreads the norm for this pair when non-farms are released? My stop was triggered at a price 20 points above the high... GBP/JPY.. GBP/USD to USD/JPY?? What I meant is is it the spread of G/U + U/J in this period?
  • #28,155
  • Jan 7, 2018 5:16pm Jan 7, 2018 5:16pm
130 pips gap up? Anyone knows what happened?
  • #28,156
  • Jan 7, 2018 9:23pm Jan 7, 2018 9:23pm
Quoting todor113
130 pips gap up? Anyone knows what happened?
Where 130 pips..?..
  • #28,157
  • Jan 7, 2018 9:37pm Jan 7, 2018 9:37pm
Quoting bigboss
{quote} Where 130 pips..?..
sorry , my chart was f..d up
  • #28,158
  • Jan 8, 2018 2:45am Jan 8, 2018 2:45am
We can see a cosolidation on H1 timeframe and the Daily higyhis already reached, so a bearish retracement may take place soon
  • #28,159
  • Jan 8, 2018 8:14am Jan 8, 2018 8:14am
Quoting koleso
We can see a cosolidation on H1 timeframe and the Daily higyhis already reached, so a bearish retracement may take place soon
It has already begun. I think it may fall to 152.00 in the short term.
  • #28,160
  • Jan 9, 2018 6:54am Jan 9, 2018 6:54am
Yesterday evening I shorted to catch what's left of the depreciation. Better late than never.
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