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Attachments: Dragon Riders GBP/JPY
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Dragon Riders GBP/JPY

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  • Post #28,561
  • Quote
  • May 24, 2018 2:58am May 24, 2018 2:58am
  •  dianajs
  • Joined Dec 2015 | Status: Member | 868 Posts
It did drop to 146.00 as I thought it would, and by the looks of things the depreciation will continue.
  • Post #28,562
  • Quote
  • May 25, 2018 8:18am May 25, 2018 8:18am
  •  dianajs
  • Joined Dec 2015 | Status: Member | 868 Posts
It overcame 146.00, I think it will continue depreciating to 145.30.
  • Post #28,563
  • Quote
  • May 25, 2018 8:25am May 25, 2018 8:25am
  •  Tweetren
  • | Additional Username | Joined Mar 2018 | 21 Posts
The double bottom on 1h chart & 15m charts have finally formed. Now, will we see up now?
  • Post #28,564
  • Quote
  • Edited at 1:16pm May 26, 2018 12:37pm | Edited at 1:16pm
  •  elias.b
  • | Joined Aug 2017 | Status: Junior Member | 3 Posts
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  • Post #28,565
  • Quote
  • May 28, 2018 7:33am May 28, 2018 7:33am
  •  dianajs
  • Joined Dec 2015 | Status: Member | 868 Posts
Quoting Tweetren
Disliked
The double bottom on 1h chart & 15m charts have finally formed. Now, will we see up now?
Ignored
Those are too short time frames for the signal to be long term and reliable.
  • Post #28,566
  • Quote
  • May 28, 2018 11:58pm May 28, 2018 11:58pm
  •  dianajs
  • Joined Dec 2015 | Status: Member | 868 Posts
It rebounded from 144.85 but I still have shorts open, I don't think the depreciation is over.
  • Post #28,567
  • Quote
  • May 29, 2018 3:47am May 29, 2018 3:47am
  •  xternity
  • | Joined Feb 2018 | Status: Member | 42 Posts
Brutal
1
  • Post #28,568
  • Quote
  • May 29, 2018 12:18pm May 29, 2018 12:18pm
  •  Suj
  • | Joined May 2017 | Status: Member | 642 Posts
Quoting dianajs
Disliked
It rebounded from 144.85 but I still have shorts open, I don't think the depreciation is over.
Ignored
Looks further fall coming as it has hurricaned down
  • Post #28,569
  • Quote
  • May 29, 2018 2:26pm May 29, 2018 2:26pm
  •  xternity
  • | Joined Feb 2018 | Status: Member | 42 Posts
It looks like it wants to fall and create a new low.
  • Post #28,570
  • Quote
  • May 29, 2018 5:37pm May 29, 2018 5:37pm
  •  Suj
  • | Joined May 2017 | Status: Member | 642 Posts
Quoting xternity
Disliked
It looks like it wants to fall and create a new low.
Ignored
News might just do that..
  • Post #28,571
  • Quote
  • May 29, 2018 6:33pm May 29, 2018 6:33pm
  •  Suj
  • | Joined May 2017 | Status: Member | 642 Posts
Looks like it is setting for a sell mode..selling now for a small risk with 30 pips s.l..fingers crossed
  • Post #28,572
  • Quote
  • May 30, 2018 12:02am May 30, 2018 12:02am
  •  Mpt
  • | Joined Nov 2009 | Status: Member | 2,582 Posts
Should it be in correction it should bounce strongly from here (143x) or about 139 in the extreme. In a reversal it may bounce out of 135/136 ish before down again through 132/131. At this time the daily sustains at totally oversold, but suspect that by the time it's finished in a possible reversal all larger time frames will be likewise. Whether that's below 122 or 116 remains to be seen.
  • Post #28,573
  • Quote
  • May 30, 2018 3:52am May 30, 2018 3:52am
  •  cat
  • Joined Oct 2010 | Status: Member | 5,419 Posts
Weekly 100sma was hit yesterday - potentially very strong support, so could continue rallying from here.....
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  • Post #28,574
  • Quote
  • May 30, 2018 6:52am May 30, 2018 6:52am
  •  dianajs
  • Joined Dec 2015 | Status: Member | 868 Posts
Quoting Suj
Disliked
{quote} Looks further fall coming as it has hurricaned down
Ignored
I think the depreciation will continue but we'll have to wait out the correction first.
  • Post #28,575
  • Quote
  • May 31, 2018 6:11am May 31, 2018 6:11am
  •  ciardim
  • | Joined May 2018 | Status: Member | 6 Posts
good morning ricmi, you cah help me a moment to install cobrafx? my addres is caalvento gmail com thank you
  • Post #28,576
  • Quote
  • May 31, 2018 8:24am May 31, 2018 8:24am
  •  dianajs
  • Joined Dec 2015 | Status: Member | 868 Posts
I decided to open a long position today and make use of the correction, TP is at 146.00.
  • Post #28,577
  • Quote
  • Jun 1, 2018 7:37am Jun 1, 2018 7:37am
  •  JeremyV
  • | Joined Aug 2017 | Status: Member | 83 Posts
Still convinced it's a correction and not a reversal?
Double bottom an M30 at 143.20 and no touch of 143.00. Bears ran out of steam.
  • Post #28,578
  • Quote
  • Jun 1, 2018 7:46am Jun 1, 2018 7:46am
  •  dianajs
  • Joined Dec 2015 | Status: Member | 868 Posts
Quoting JeremyV
Disliked
Still convinced it's a correction and not a reversal? Double bottom an M30 at 143.20 and no touch of 143.00. Bears ran out of steam.
Ignored
Some corrections can be very deep, it may still start depreciating again at some point.
  • Post #28,579
  • Quote
  • Jun 1, 2018 7:53am Jun 1, 2018 7:53am
  •  Mpt
  • | Joined Nov 2009 | Status: Member | 2,582 Posts
Quoting JeremyV
Disliked
Still convinced it's a correction and not a reversal? Double bottom an M30 at 143.20 and no touch of 143.00. Bears ran out of steam.
Ignored
At what point does it cease to be a correction in yr books? A standard diamond reversal would allow for as far up as 147.5/148 before 139.
  • Post #28,580
  • Quote
  • Jun 2, 2018 11:12pm Jun 2, 2018 11:12pm
  •  Riskee
  • | Joined Feb 2009 | Status: Member | 110 Posts
Well...After the G7 meeting conclusion ...THERE WILL BE A TRADE WAR WITH THE ISOLATION OF THE U.S AND VERY STRONG REFUSAL OF BULLYING FRIM ALL THE OTHER MEMBERS , NOT TO FORGET THE VERY SHARP TONE OF THE SPEECH ...THIS IS A TRADE WAR.
I THINK THE YEN WILL SOAAAAAAAR NEXT WEEK AND EVEN MAY OPEN WITH A BIG GAP DOWN ....BACK TO 140 GUYS
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