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Dragon Riders GBP/JPY

  • #28,921
  • Aug 8, 2018 5:08am Aug 8, 2018 5:08am
Quoting mah.sarah
I hope it drops farther so we all can profit hahaha
It looks like it may even depreciate to 142.00.
  • #28,922
  • Aug 9, 2018 2:30am Aug 9, 2018 2:30am
Hello fellow traders,

GBP/JPY h4, may have bounced off a week/day structure.

Thanks

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"The markets can remain irrational longer than you can remain solv
  • #28,923
  • Aug 9, 2018 4:39am Aug 9, 2018 4:39am
It rebounded from 142.35, but I think the correction won't last long.
  • #28,924
  • Aug 9, 2018 9:00pm Aug 9, 2018 9:00pm
Quoting gespiri
Here's my 2 cents on the daily.... I think we are in the middle of wave 3 right now which might end around 142.18. I'm currently out waiting to short at 144.53 on the hourly. {image}
Hi gespiri old buddy.......good reading here
  • #28,925
  • Aug 9, 2018 9:18pm Aug 9, 2018 9:18pm
Quoting Gbp/jpy
{quote} Hi gespiri old buddy.......good reading here
Welcome back man. I was starting to get worried.
  • #28,926
  • Aug 9, 2018 10:29pm Aug 9, 2018 10:29pm
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www.sme-fx.com
  • #28,927
  • Aug 9, 2018 10:49pm Aug 9, 2018 10:49pm
Quoting Mpt
{quote} Welcome back man. I was starting to get worried.
So proud youd remember me........ so cool of ya!
  • #28,928
  • Aug 10, 2018 12:30am Aug 10, 2018 12:30am
Quoting Gbp/jpy
{quote} Hi gespiri old buddy.......good reading here
Hey man.....how's it hangin'? To the left or right?
This pair better rebound off here at 141.50ish or my recent longs will be TOAST!
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Lost....
  • #28,929
  • Aug 10, 2018 12:44am Aug 10, 2018 12:44am
Quoting FractalFreak
{image}
This is now just hunting for stops before it boings up......
Lost....
  • #28,930
  • Aug 10, 2018 1:21am Aug 10, 2018 1:21am
I'm shorting this pair
  • #28,931
  • Aug 10, 2018 2:55am Aug 10, 2018 2:55am
Hello thread Glad to be here. Think I may exit my Sell at this time. Due to valuation I believe this fire breathing beast needs a break.
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"Dont poke the Bear what goes up must come down" FxMonarchy
  • #28,932
  • Aug 10, 2018 3:49am Aug 10, 2018 3:49am
I shorted a while ago and I have no intention of closing those positions for the moment.
  • #28,933
  • Aug 10, 2018 5:14am Aug 10, 2018 5:14am
Quoting FXMonarchy
Hello thread Glad to be here. Think I may exit my Sell at this time. Due to valuation I believe this fire breathing beast needs a break. {image}
Welcome old boy.....it hit that trendline comin down on gespiris graphic
  • #28,934
  • Aug 10, 2018 5:25am Aug 10, 2018 5:25am
The pip count from the Tokyo open telegraphed 141.44.....neatly after stabbing down to break through the 65 pip barrier, then went back up to let everybody get in the sell, since with that pip counting....if it goes past 65 pips one way, it's going 95 pips at least....
I swear it's a code from the BOJ as a gift to the Japanese population....
The mom and pop retail traders over there......who have trading and candles entrenched in their culture

Elliott wants it to go back up to 143.xx.....or......the whole global scene is about to tank
  • #28,935
  • Edited 5:43am Aug 10, 2018 5:33am | Edited 5:43am
I want to recap how that Tokyo Open trade counts.....the Holy Spirit trade

Starts at 6:41 pm central time.....but rule one is enter an hour early ...it confirms at 53 after the hour

It goes 11 pips one direction then 11 pips back if it stalls before getting the 11 pips back it wants to go in the first direction

Then we look for 24 to 28 pips then the renowned 39 pips....then comes the 65 pip barrier and then 95 at least!!

Hasn't failed in a decade.....hey....don't call me a pip counter though....hehehe

That stab down I mentioned from 142.05 or so went 39 pips down, 39 back up....breaking the 65 barrier from the open of the session......then went and got the foretold 95 pips at least deally.....telegraphed....can it be? the market operators do that ....makin sure my buddies know
  • #28,936
  • Aug 10, 2018 7:25am Aug 10, 2018 7:25am
Here's the jist of what I should tell about that Tokyo Open trade on a one minute chart

One can determine the direction it wants go at the start of the session by seeing whether or not the PA stalls before it can cross that level it goes 11 pips from........or if it pokes on through.....through that level the initial 11 pip move started from at 6:41 pm central time like in Chicago....I'm in Dallas.....love yas!!
  • #28,937
  • Aug 10, 2018 12:50pm Aug 10, 2018 12:50pm
Quoting Gbp/jpy
I want to recap how that Tokyo Open trade counts.....the Holy Spirit trade Starts at 6:41 pm central time.....but rule one is enter an hour early ...it confirms at 53 after the hour It goes 11 pips one direction then 11 pips back if it stalls before getting the 11 pips back it wants to go in the first direction Then we look for 24 to 28 pips then the renowned 39 pips....then comes the 65 pip barrier and then 95 at least!! Hasn't failed in a decade.....hey....don't call me a pip counter though....hehehe That stab down I mentioned from 142.05 or so...
This looks pretty cool. Do you primarily use it on GJ? BTW, I'm in Pensacola.. Been to Dallas many times...Cheers!
  • #28,938
  • Aug 12, 2018 12:21pm Aug 12, 2018 12:21pm
Quoting sonseeker
{quote} This looks pretty cool. Do you primarily use it on GJ? BTW, I'm in Pensacola.. Been to Dallas many times...Cheers!
Hey there the us jpy too...but for trading I'm all gbpjapped....he he

It's Tokyo only though.......let me know if ya come to Dallas.....
  • #28,939
  • Aug 12, 2018 12:23pm Aug 12, 2018 12:23pm
Quoting MVPTrader
Very bullish closing, won't be surprised if it gaps up on opening. I believe Monday will see it breach 142.
Your post brings it up.....could the BOJ do an intervention.......Monday morn is historical for intervening

But I guess the Elliott wave top from here might be 143.33/77.....jus conjecturin
  • #28,940
  • Aug 12, 2018 2:26pm Aug 12, 2018 2:26pm
I went long today.
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