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Dragon Riders GBP/JPY

  • #29,381
  • Oct 18, 2018 12:12pm Oct 18, 2018 12:12pm
I checked EJ also its giving me a big potential for going up. and completing the right shoulder
Attached Image (click to enlarge)
Click to Enlarge Name: ej shoulder.jpg Size: 159 KB
  • #29,382
  • Oct 18, 2018 12:16pm Oct 18, 2018 12:16pm
Quoting rkr81
Looking to Hold GJ Short {image}
Added short in GJ 146.38 Target around 143 area

Took short at EJ at 142.64 target around 127 area
Forex Learner
  • #29,383
  • Oct 18, 2018 12:16pm Oct 18, 2018 12:16pm
Buy at 146.21 (TP 151.20)......for me, this ends wave 4. Anything below 145.7 will invalidate this since end of wave 4 should not cross end of wave 1.
Let's see what happens.
Lost....
  • #29,384
  • Oct 18, 2018 12:19pm Oct 18, 2018 12:19pm
Quoting gespiri
Buy at 146.21 (TP 151.20)......for me, this ends wave 4. Anything below 145.7 will invalidate this since end of wave 4 should not cross end of wave 1. Let's see what happens.
We may see a an impulse move to the down side.. i may be wrong too
Forex Learner
  • #29,385
  • Oct 18, 2018 12:22pm Oct 18, 2018 12:22pm
Quoting rkr81
{quote} We may see a an impulse move to the down side.. i may be wrong too
do you have Elliott counting to support impulsive to downside ?
  • #29,386
  • Oct 18, 2018 12:23pm Oct 18, 2018 12:23pm
Attached Image
Exits == most important part of your strategy
  • #29,387
  • Oct 18, 2018 12:23pm Oct 18, 2018 12:23pm
Quoting msniper
I checked EJ also its giving me a big potential for going up. and completing the right shoulder {image}
I checked CHF/JPY and will be long @ 111.50 meaning that Yen will weaken. CHF is sort of a key currency. Switzerland is backed by all our corrupt politicians worldwide (its where they deposit their savings). So GBP/JPY has a chance to go up
POSTMASTER
  • #29,388
  • Oct 18, 2018 12:29pm Oct 18, 2018 12:29pm
Quoting gespiri
Buy at 146.21 (TP 151.20)......for me, this ends wave 4. Anything below 145.7 will invalidate this since end of wave 4 should not cross end of wave 1. Let's see what happens.
If it holds around this level, I expect this to range for 10 hours until noontime UK.....
Lost....
  • #29,389
  • Oct 18, 2018 12:30pm Oct 18, 2018 12:30pm
Hi Gespri. The average Swiss person is great. With my respect.
POSTMASTER
  • #29,390
  • Oct 18, 2018 12:39pm Oct 18, 2018 12:39pm
Quoting msniper
{quote} do you have Elliott counting to support impulsive to downside ?
No i dont kno about Elliot
Forex Learner
  • #29,391
  • Oct 18, 2018 1:10pm Oct 18, 2018 1:10pm
Quoting Robinhood1
Hi Gespri. The average Swiss person is great. With my respect.
Hey man, yes they are. Unfortunately, I'm not. I'm just another American living in this great, beautiful country with a Swiss wife.
Lost....
  • #29,392
  • Oct 18, 2018 1:18pm Oct 18, 2018 1:18pm
Quoting gespiri
{quote} Hey man, yes they are. Unfortunately, I'm not. I'm just another American living in this great, beautiful country with a Swiss wife.
POSTMASTER
  • #29,393
  • Oct 18, 2018 1:20pm Oct 18, 2018 1:20pm
the invalidation of my Elliott count is 145.66 so far the lowest we reach 145.79

can this level hold ? lets see
  • #29,394
  • Oct 18, 2018 1:27pm Oct 18, 2018 1:27pm
where is Alorente ? he wanted to buy at 146.50 and 146 now it reached to his level
  • #29,395
  • Oct 18, 2018 1:29pm Oct 18, 2018 1:29pm
Quoting msniper
the invalidation of my Elliott count is 145.66 so far the lowest we reach 145.79 can this level hold ? lets see
We'll see....
I will cash out of my 146.21 entry and try to get it at a lower price. I think this will go back to 146.0 or less but I'm keeping an eye on that level you mentioned.
If this level holds, the next hurdle will be the 200EMA (1hr) between 147.27 - 147.66 (I would think it will be 147.44) when we get there. A strong push past this price would validate the wave 5 theory in the daily.
Lost....
  • #29,396
  • Oct 18, 2018 1:36pm Oct 18, 2018 1:36pm
even if my counting was wrong and they break 145.66 GJ would make a fake dead cat bounce back to 147.20 area before falling again.. but lets not hurry things and see what market want
  • #29,397
  • Oct 18, 2018 1:54pm Oct 18, 2018 1:54pm
the 145.66 MAGIC so far 50pips bounce. I would be happy to see a daily closing with hammer candle
  • #29,398
  • Oct 18, 2018 2:54pm Oct 18, 2018 2:54pm
Quoting metatsock
nice ABCD movement...... {image}
...completed ....
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 41 KB
  • #29,399
  • Oct 18, 2018 3:01pm Oct 18, 2018 3:01pm
Quoting metatsock
{quote} ...completed .... {image}
that's nice !!! now lets go up lool
  • #29,400
  • Oct 18, 2018 3:28pm Oct 18, 2018 3:28pm
I think 145.58 to 145.01 will be hit and after that travel to 154.70
POSTMASTER
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