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Dragon Riders GBP/JPY

  • #28,201
  • Jan 24, 2018 12:39am Jan 24, 2018 12:39am
Hello Newbie swinging trader here. Ive been holding the GJ since 13th, am wondering if it's time to short.
  • #28,202
  • Jan 24, 2018 6:32am Jan 24, 2018 6:32am
Looking to go towards 155.800
Just 20 pips a day to riches
  • #28,203
  • Jan 24, 2018 8:27am Jan 24, 2018 8:27am
Quoting FastPipn
{quote} Correct. Done for today +59 pips. Looks like it's going towards the highs like yesterday. But who knows what this pair has in store for us. never know.
It's certainly bullish still. I think it will reach 156.00 by the end of this week.
  • #28,204
  • Jan 24, 2018 8:50pm Jan 24, 2018 8:50pm
This pair taught me a lesson today on greed.

I was up 3 times my daily target by 10:00 am EST.
I knew I had to stop trading even though it's early but greed got me entered into a trade that went into a drawdown.

Initially it was up +10 pips... I didn't take it, because of greed.
Even my indicators told me this trade isn't going higher... I didn't take it, because of greed.

Of course it came back after several hours from drawdown for +10 pips, I should have just closed it early, saving myself from the stress.

"Hey Fastpipn, you got lucky today"
Yep, could have reversed on me (triple top 1HR, double top 4HR)
Just 20 pips a day to riches
  • #28,205
  • Edited 8:28am Jan 25, 2018 7:16am | Edited 8:28am
Looking towards 155.800
Just 20 pips a day to riches
  • #28,206
  • Jan 25, 2018 8:05am Jan 25, 2018 8:05am
Quoting FastPipn
Looking towards 154.800
154.80 or 155.80? Because it reached 155.80 already.
  • #28,207
  • Jan 25, 2018 8:28am Jan 25, 2018 8:28am
Quoting dianajs
{quote} 154.80 or 155.80? Because it reached 155.80 already.
oops. a typo 155.800
Just 20 pips a day to riches
  • #28,208
  • Jan 25, 2018 8:42am Jan 25, 2018 8:42am
Quoting FastPipn
{quote} oops. a typo 155.800
now looking at 154.800
Just 20 pips a day to riches
  • #28,209
  • Jan 25, 2018 12:27pm Jan 25, 2018 12:27pm
Quoting FastPipn
{quote} now looking at 154.800
Next area to look for is 154.500
Just 20 pips a day to riches
  • #28,210
  • Jan 26, 2018 2:40am Jan 26, 2018 2:40am
At brexit, GU broke GJ below the monthly ichimoku cloud and never revisited it. The cloud starts at 156.1 and GU on its own for the last few weeks has returned it to that place. Now, I suspect, normal trading will resume.
  • #28,211
  • Jan 26, 2018 4:22am Jan 26, 2018 4:22am
looking towards 156.000
Just 20 pips a day to riches
  • #28,212
  • Jan 26, 2018 4:47am Jan 26, 2018 4:47am
I think it will touch 156.20
R2R=from Reversal to Reversal
  • #28,213
  • Jan 26, 2018 6:30am Jan 26, 2018 6:30am
Quoting FastPipn
{quote} oops. a typo 155.800
The drop we saw was a temporary correction, I think it will continue moving north.
  • #28,214
  • Jan 29, 2018 6:34am Jan 29, 2018 6:34am
The correction may turn out to be deeper than I thought, the pair could reach 152.00.
  • #28,215
  • Jan 30, 2018 4:05am Jan 30, 2018 4:05am
GBPJPY ,bounce from 152 area,and after 90min.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 200 KB
  • #28,216
  • Jan 30, 2018 4:13am Jan 30, 2018 4:13am
GBP/JPY looks downtrending, SL 200, TP X
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 81 KB
Odd numbers are odd.
  • #28,217
  • Jan 30, 2018 6:25am Jan 30, 2018 6:25am
Quoting rapidace
GBP/JPY looks downtrending, SL 200, TP X {image}
It is definitely downtrending but every trend has its corrections like the one we are experiencing now.
  • #28,218
  • Jan 30, 2018 10:59am Jan 30, 2018 10:59am
Quoting dianajs
{quote} It is definitely downtrending but every trend has its corrections like the one we are experiencing now.
what TF? downtrending??
  • #28,219
  • Jan 31, 2018 7:43am Jan 31, 2018 7:43am
Quoting rb077msk
{quote} what TF? downtrending??
I meant in the short term. The long term one is obviously bullish.
  • #28,220
  • Feb 1, 2018 2:45am Feb 1, 2018 2:45am
Quoting msniper
{quote} GJ now 155.01 still holding my long for more than 2 months now. and things looks beautiful. I have changed my target from 160 to 172 so the short term target is 157.xx and mid term target is 160~162 and long term target is 172 good luck everyone
and another all time high

the road is clean and easy now all the way to 160. minimum possible target is 161.40

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