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Dragon Riders GBP/JPY

  • #29,521
  • Oct 24, 2018 1:35am Oct 24, 2018 1:35am
Quoting shravan
GBPJPY Shorted @ 146.199 SL - BE +2 TP - Open
TP moved to 145.728
Don't say money is not everything in life until you make enough of it.
  • #29,522
  • Oct 24, 2018 2:19am Oct 24, 2018 2:19am
Quoting shravan
{quote} TP moved to 145.728
TP Hit
Don't say money is not everything in life until you make enough of it.
  • #29,523
  • Oct 24, 2018 2:27am Oct 24, 2018 2:27am
Quoting shravan
{quote} TP Hit
nice catch
  • #29,524
  • Oct 24, 2018 2:32am Oct 24, 2018 2:32am
Quoting shravan
{quote} TP Hit
WD...

Your initial risk in pips?
trading is simple but is simple is not easy.
  • #29,525
  • Oct 24, 2018 2:54am Oct 24, 2018 2:54am
Quoting ZenNy
{quote} WD... Your initial risk in pips?
SL - 20 Pips
Then moved to BE +2
Don't say money is not everything in life until you make enough of it.
  • #29,526
  • Oct 24, 2018 3:28am Oct 24, 2018 3:28am
testing again 145.50, break here we testing 144.80, got last shot at be
  • #29,527
  • Oct 24, 2018 4:33am Oct 24, 2018 4:33am
am still holding the sell, hoping
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 21 KB
i have tried to start trades with a trend, now i prefer to follow the trend
  • #29,528
  • Oct 24, 2018 4:37am Oct 24, 2018 4:37am
Quoting jereajali
am still holding the sell, hoping {image}
your target consider to be a stop loss for the people who is buying

if it was me I would aim for 144.80 or 144.90 and then exit and get ready for going long
  • #29,529
  • Edited 5:02am Oct 24, 2018 4:47am | Edited 5:02am
added a new long @ 145.50 target 146.20 first then decide.

Gambling.... burned or profited.
  • #29,530
  • Oct 24, 2018 5:18am Oct 24, 2018 5:18am
My view.....we'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 66 KB
Lost....
  • #29,531
  • Oct 24, 2018 5:57am Oct 24, 2018 5:57am
Quoting gespiri
My view.....we'll see. {image}
or new high to 150 to complete wave 5

because in your chart you assumed that wave 5 had a failure to make higher high

to keep it simple to everyone as long we are above 143.20 the scenario of going to 150 and 155 is still open

once 143.20 is broken then I will tell you 149.4x was the top of 2018 and we heading down to 137 and below
  • #29,532
  • Oct 24, 2018 6:19am Oct 24, 2018 6:19am
Quoting msniper
{quote} or new high to 150 to complete wave 5 because in your chart you assumed that wave 5 had a failure to make higher high to keep it simple to everyone as long we are above 143.20 the scenario of going to 150 and 155 is still open once 143.20 is broken then I will tell you 149.4x was the top of 2018 and we heading down to 137 and below
I was stopped at 145.7 which was the end of wave 1 (EW states that end of wave 1 SHOULD NOT overlap end of wave 4).
Therefore, wave 5 was the double top at 149.6x (4hr/daily chart).
I believe that this corrective ABC wave would cause this pair to reach 167.xx over time. If you look at the monthly chart, it looks like the end of wave B to me once it reaches 143.75 or a little lower (about to start wave C).
Bought at 145.313, stop at 145.00.
Lost....
  • #29,533
  • Oct 24, 2018 6:49am Oct 24, 2018 6:49am
Quoting gespiri
{quote} I was stopped at 145.7 which was the end of wave 1 (EW states that end of wave 1 SHOULD NOT overlap end of wave 4). Therefore, wave 5 was the double top at 149.6x (4hr/daily chart). I believe that this corrective ABC wave would cause this pair to reach 167.xx over time. If you look at the monthly chart, it looks like the end of wave B to me once it reaches 143.75 or a little lower (about to start wave C). Bought at 145.313, stop at 145.00.
Elliott waves allow overlapping when its ending diagonal any way this week closing will give us better picture for which count we should follow
  • #29,534
  • Oct 24, 2018 6:55am Oct 24, 2018 6:55am
Quoting msniper
{quote} Elliott waves allow overlapping when its ending diagonal any way this week closing will give us better picture for which count we should follow
Let's not forget that this is the 3rd week of the month with options expiring tomorrow. It should be a volatile end of week.
Let's see if the theory/analyses works here....
Lost....
  • #29,535
  • Oct 24, 2018 6:56am Oct 24, 2018 6:56am
srsly guys I've been through this theory, it's nothing if u keep ignoring what's happening in market.
  • #29,536
  • Oct 24, 2018 7:14am Oct 24, 2018 7:14am
Quoting IPMan
srsly guys I've been through this theory, it's nothing if u keep ignoring what's happening in market.
With all due respect, what is happening in the market and why in your opinion?
Lost....
  • #29,537
  • Oct 24, 2018 7:15am Oct 24, 2018 7:15am
notice how GU is making new lows and GJ is not making. UJ is flying and balancing the GJ drop

GU now 1.2900 and there is huge support above 1.2750

so we can expect a bounce at GU before it reach to 1.2750 which will result GJ to fly

for me I still think GJ is a BUY and target above 150 until 143.20 is broken
  • #29,538
  • Oct 24, 2018 7:28am Oct 24, 2018 7:28am
Quoting gespiri
{quote} With all due respect, what is happening in the market and why in your opinion?
I will make this simple, brexit give an uncomfortable impact to the currency and Japanese hold their rate to stabilize their economy. I might be wrong anyway
  • #29,539
  • Oct 24, 2018 7:35am Oct 24, 2018 7:35am
Quoting IPMan
{quote} I will make this simple, brexit give an uncomfortable impact to the currency and Japanese hold their rate to stabilize their economy. I might be wrong anyway
Ok. There's no right or wrong here. I'm happy to hear other points of view. In the end, it's about making money for all of us.
MSniper and I have been exchanging ideas....some are right, some are wrong. As long as we all turn in a profit and learn from our losses, then everything is work in progress.
Lost....
  • #29,540
  • Oct 24, 2018 8:42am Oct 24, 2018 8:42am
what happened to yesterday's Hammer? is it still valid? I should close my long on GJ... it i giving me a heart attack.
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