Dragon or Snake - GU, UJ, GJ, EU, EJ | Page 63 | Forex Factory

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Attachments: Dragon or Snake - GU, UJ, GJ, EU, EJ
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Dragon or Snake - GU, UJ, GJ, EU, EJ

  • #1,241
  • Feb 25, 2018 10:08pm Feb 25, 2018 10:08pm
Quoting loveandpeace
Hi Edmun1388, what do mean by snake & dragon???
snake : ranging target price for trend trader , short from top and long from bottom for counter trend trader when major bank holiday.
dragon : target price for trend trader and price reach dragon only when price pair is in trending.
Exits == most important part of your strategy
  • #1,242
  • Feb 25, 2018 10:16pm Feb 25, 2018 10:16pm
Quoting edmun1388
26-Feb-2018 [ GlobalPrime- 6 am Malaysia time] GBPJPY snake ::150.112-149.520 dragon ::150.192-148.667 GBPUSD snake ::1.39999-1.39661 dragon ::1.40682-1.39043 USDJPY snake ::107.347-106.893 dragon ::107.219-106.354 EURUSD snake ::1.23141-1.22667 dragon ::1.23578-1.22413 EURJPY snake::131.907-131.499 dragon::131.856-130.948
Welcome back bro
Never Ever Give Up
  • #1,243
  • Feb 25, 2018 11:14pm Feb 25, 2018 11:14pm
Quoting sumar
{quote} Welcome back bro
Attached Image

I don't think it will drop down to the entry before moving up to 149.597 which would make the sell void.
  • #1,244
  • Feb 25, 2018 11:19pm Feb 25, 2018 11:19pm
Seems like they are going to test that upper line of the triangle after all. (GU) It's closer now after these past days.
  • #1,245
  • Feb 26, 2018 12:30am Feb 26, 2018 12:30am
Last weeks (Friday) zigzag action created a broadening pattern now it's above that. If this is not a fake TP1 is .40508 TP2 .40848 (GU). Let's dooooo itttt.....
  • #1,246
  • Feb 26, 2018 12:43am Feb 26, 2018 12:43am
can't expect much for today GBPJPY.
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 16 KB
Exits == most important part of your strategy
  • #1,247
  • Feb 26, 2018 12:45am Feb 26, 2018 12:45am
Halfway to sell entry. Should it activate, I will risk 30%¡
  • #1,248
  • Feb 26, 2018 12:45am Feb 26, 2018 12:45am
But EU and GU are BOTH at R1 I know Sumar want's to short this.
  • #1,249
  • Feb 26, 2018 1:04am Feb 26, 2018 1:04am
Quoting maflip
But EU and GU are BOTH at R1 I know Sumar want's to short this.
Never Ever Give Up
  • #1,250
  • Feb 26, 2018 1:09am Feb 26, 2018 1:09am
Quoting sumar
{quote}
Did I read you right? Me I'm buying the pull backs. Hopefully, it only pulls back a little then continues the trend up at London Open. If not then I'm stopped out at x.xxxxx
  • #1,251
  • Feb 26, 2018 1:14am Feb 26, 2018 1:14am
Quoting maflip
{quote} Did I read you right? Me I'm buying the pull backs. Hopefully, it only pulls back a little then continues the trend up at London Open. If not then I'm stopped out at x.xxxxx
Lol. We on the same page.... Buying those dips. Clearly going for that top of the H4 trendline, unless R1 holds to push it down to get support before going up again
Never Ever Give Up
  • #1,252
  • Feb 26, 2018 1:30am Feb 26, 2018 1:30am
Quoting HabibiForex
{quote} {image} I don't think it will drop down to the entry before moving up to 149.597 which would make the sell void.
Currently activated as of 4 mins ago. Let us see if TP or SL hits first!
  • #1,253
  • Feb 26, 2018 1:44am Feb 26, 2018 1:44am
Quoting sumar
{quote} Lol. We on the same page.... Buying those dips. Clearly going for that top of the H4 trendline, unless R1 holds to push it down to get support before going up again
Almost to TP1 bro. Bracing for TP2 but it's a little above the descending triangle. If you stick to it all the way to TP2 trail stop it.
  • #1,254
  • Feb 26, 2018 2:21am Feb 26, 2018 2:21am
Our posts have Pip-Miner's blessing means we are headed beyond TP2 now heh heh
  • #1,255
  • Feb 26, 2018 2:27am Feb 26, 2018 2:27am
Quoting maflip
{quote} Almost to TP1 bro. Bracing for TP2 but it's a little above the descending triangle. If you stick to it all the way to TP2 trail stop it.
TP2 at R2 1.4150?
Never Ever Give Up
  • #1,256
  • Feb 26, 2018 2:30am Feb 26, 2018 2:30am
GBP is this sessions favorite. Everything is going up. I wouldn't be short at this time.
Attached Image
  • #1,257
  • Feb 26, 2018 2:31am Feb 26, 2018 2:31am
Quoting sumar
{quote} TP2 at R2 1.4150?
TP2 is pattern target bro. But you can exit them all at the touch of R2 if you like because by then it will be hitting R2 and that descending line.

TP1 is .40508 (so far missed by 3 pips)
TP2 .40848 (GU) = (But is above R2 and the descending line)
  • #1,258
  • Feb 26, 2018 2:32am Feb 26, 2018 2:32am
Quoting sumar
{quote} TP2 at R2 1.4150?
My R2 is at .40610
  • #1,259
  • Feb 26, 2018 3:26am Feb 26, 2018 3:26am
Quoting maflip
{quote} My R2 is at .40610
Looks like the GU H4 triangle top trendline is holding? Or is it too early to say?
Never Ever Give Up
  • #1,260
  • Feb 26, 2018 3:39am Feb 26, 2018 3:39am
Quoting sumar
{quote} Looks like the GU H4 triangle top trendline is holding? Or is it too early to say?
most likely profit taking when it gets there. Not there yet but almost. However, there's also pattern targeting a little above that trendline. So I wouldn't be shorting yet either when it's touched.
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