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Dragon Riders GBP/JPY

  • #29,561
  • Oct 24, 2018 12:38pm Oct 24, 2018 12:38pm
I was stuck in GJ because of poor positioning. I ended up with a $200 loss--it could have been worse. Hoping to go back up a bit for a continued short. Long term, it looks like a short for awhile, maybe ~137 or so but who knows.
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Taigen Profit This Month: na
  • #29,562
  • Oct 24, 2018 12:41pm Oct 24, 2018 12:41pm
Quoting Taigen
I was stuck in GJ because of poor positioning. I ended up with a $200 loss--it could have been worse. Hoping to go back up a bit for a continued short. Long term, it looks like a short for awhile, maybe ~137 or so but who knows. {image}
I will join your 137 target when I see 143.20 is broken
  • #29,563
  • Oct 24, 2018 12:46pm Oct 24, 2018 12:46pm
I think this is the buy area for the ride up . but I AM NOT sure at all
  • #29,564
  • Oct 24, 2018 12:51pm Oct 24, 2018 12:51pm
Quoting SadiaQureshi
{quote} now it's time to go to 146.9 , you mean it will go to 146.90 from here ???
yes, to 146.90 ... initially I had it to 146.89 but I rounded
  • #29,565
  • Oct 24, 2018 1:00pm Oct 24, 2018 1:00pm
Quoting aa4fx
{quote} yes, to 146.90 ... initially I had it to 146.89 but I rounded

That's where I got out... pretty dumb. Anyway when you're in a position for a couple months--not my plan--you get a little spooked. I would love to short again at 146.90. We'll see what happens.
Taigen Profit This Month: na
  • #29,566
  • Oct 24, 2018 1:05pm Oct 24, 2018 1:05pm
Quoting aa4fx
{quote} yes, to 146.90 ... initially I had it to 146.89 but I rounded
cheaper price now...146.7
  • #29,567
  • Oct 24, 2018 1:08pm Oct 24, 2018 1:08pm
Quoting vodanh
I think this is the buy area for the ride up . but I AM NOT sure at all
It depends if you are long or short term trader. Long term, to me, it looks down. A short termer, depending on the chart interval, the trend could very well go up. I base my trends on the daily.
Taigen Profit This Month: na
  • #29,568
  • Oct 24, 2018 1:29pm Oct 24, 2018 1:29pm
Quoting Kimjoun
{quote} cheaper price now...146.7
Exactly! Since the bottom number was lower than expected, the top one must be lowered too.
  • #29,569
  • Oct 24, 2018 2:24pm Oct 24, 2018 2:24pm
where GJ is heading?
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i have tried to start trades with a trend, now i prefer to follow the trend
  • #29,570
  • Oct 24, 2018 2:33pm Oct 24, 2018 2:33pm
Nice moove dragon...enjoy the short
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MY OPINION NOT FINANCIAL ADVISE
  • #29,571
  • Oct 24, 2018 7:05pm Oct 24, 2018 7:05pm
almost there equal distance. I expect a bounce
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  • #29,572
  • Oct 24, 2018 7:09pm Oct 24, 2018 7:09pm
Buy Stop order @ 143.811
SL - 143.610
TP - Open

Let's see how it goes!
Don't say money is not everything in life until you make enough of it.
  • #29,573
  • Oct 24, 2018 7:21pm Oct 24, 2018 7:21pm
Red light to buy I think.
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  • #29,574
  • Oct 24, 2018 7:32pm Oct 24, 2018 7:32pm
Quoting shravan
Buy Stop order @ 143.811 SL - 143.610 TP - Open Let's see how it goes!
would be great entry if you get lucky and price reach there
  • #29,575
  • Oct 24, 2018 7:32pm Oct 24, 2018 7:32pm
Quoting IPMan
Red light to buy I think. {image}
where is the red light ?
  • #29,576
  • Oct 24, 2018 7:53pm Oct 24, 2018 7:53pm
7 min, lets close above 144.30 so we can get a nice green hammer
  • #29,577
  • Oct 24, 2018 8:05pm Oct 24, 2018 8:05pm
alright I was playing around with the chart and I came across something. you guys might think its crazy or I am smoking something but anything is possible in this market.

if you notice the brown lines the period are equal from bottom 139.xx to top 149.xx and now with today or tomorrow we reached to the date of being equal time of that old rally which is around 25 days each period

this thing made me wonder if all this down move from 149.xx to today's low at 144 was only a WAVE 2 of a bigger wave 3 !!

I know its a very long term view but really worth it as we might witness today the final low of 2018 all the way to end of 2019 !

targets can be up to 160s and 170s with this scenario

THIS LONGTERM DREAM SCENARIO WILL FAIL ONCE 142.50 IS BROKEN

let me know what you think of this crystal ball chart
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  • #29,578
  • Oct 24, 2018 8:35pm Oct 24, 2018 8:35pm
Quoting msniper
alright I was playing around with the chart and I came across something. you guys might think its crazy or I am smoking something but anything is possible in this market. if you notice the brown lines the period are equal from bottom 139.xx to top 149.xx and now with today or tomorrow we reached to the date of being equal time of that old rally which is around 25 days each period this thing made me wonder if all this down move from 149.xx to today's low at 144 was only a WAVE 2 of a bigger wave 3 !! I know its a very long term view but really worth...
If your prediction is correct then we all going to get benefited
Don't say money is not everything in life until you make enough of it.
  • #29,579
  • Oct 24, 2018 8:37pm Oct 24, 2018 8:37pm
hi there,
I seen 143.3x is the lowest before it can jump up.
  • #29,580
  • Oct 24, 2018 11:38pm Oct 24, 2018 11:38pm
more sell?
Attached Image (click to enlarge)
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i have tried to start trades with a trend, now i prefer to follow the trend
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