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

Morning Traders
Nice consolidation ahead of interest rate fiasco tomorrow.
msniper, i am looking at it pushing to atleast 145.200 and then pulling the trigger again...
We are already at Yesterdays Highs, The wick on the daily chart tells ,me the bears arent just done yet, weekly pivot is at 144.630 so i am looking to sell any rally now, London Open should really put some juice in this.

Just Looking at the daily range and where price currently is, i am looking at selling any rally and following the trend.


Stay green
4&1 All Time Profit: $37,496
I think the selling will start after 8 or 10 hours from now ( which basically selling on London is bad but selling on NY is good ). so GJ need to keep pushing before we run out of time
Quoting bogus
I'm long and strong.
Long also. Holding till 147.80, maybe more as it goes
POSTMASTER
Quoting Robinhood1
{quote} Long also. Holding till 147.80, maybe more as it goes
would love to see it goes up that high. but the problem GJ now is tickling the down channel and if GJ success to go inside it then it will be trapped again inside the channel which is still in 144.xx and 145.xx territory. so until GJ manage to go above this channel I don't see 147.80 coming these days
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if GJ close above 144.40 it might give hope for bulls to activate a Head and shoulder pattern with a target around 146
Attached Image
still mostly down, looking for a place to short....
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Look Sharp/Trade Tight
Quoting msniper
I think the selling will start after 8 or 10 hours from now ( which basically selling on London is bad but selling on NY is good ). so GJ need to keep pushing before we run out of time
I agree with you, London will push it up abit and thats where im looking to fill my shorts Mate
4&1 All Time Profit: $37,496
Quoting msniper
{quote} would love to see it goes up that high. but the problem GJ now is tickling the down channel and if GJ success to go inside it then it will be trapped again inside the channel which is still in 144.xx and 145.xx territory. so until GJ manage to go above this channel I don't see 147.80 coming these days {image}
Fair enough but that´s a channel setup. I don´t believe in channels. Here is my retracement setup

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POSTMASTER
another reason make me want to close my LONG around 145 area is because we have a possible bearish ABCD harmonic pattern
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Quoting msniper
another reason make me want to close my LONG around 145 area is because we have a possible bearish ABCD harmonic pattern {image}
Sorry, i edited my previous post, forgot to insert chart
POSTMASTER
Quoting Robinhood1
{quote} Sorry, i edited my previous post, forgot to insert chart
no problem
Quoting Robinhood1
{quote} Long also. Holding till 147.80, maybe more as it goes
the way GBPUSD just bounce make me feel that your number might be possible to happen hehe. but I am not gonna play it
Quoting msniper
{quote} the way GBPUSD just bounce make me feel that your number might be possible to happen hehe. but I am not gonna play it
REversal of Pound will take place when GBPCHF reaches around 127.10
POSTMASTER
Quoting Robinhood1
{quote} REversal of Pound will take place when GBPCHF reaches around 127.10
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POSTMASTER
Quoting Robinhood1
{quote} {image}

Made a bit of a mess on this one, no good
POSTMASTER
Quoting Robinhood1
{quote} Long also. Holding till 147.80, maybe more as it goes
Still valid for me. In fact, should go fast in any moment
POSTMASTER
I saw identical daily candle happened in the past. so can history repeat it self and GJ bounce 100 or 200pips before falling ?
Attached Images
Out of my short for -30 but only looking at longs. Double bottom forming on the 4 hour?
FF journal: Peaks and Troffs
I will exit my long when price reach the edge of this diamond or after 8 hours. I think the top will be made on the beginning of NY period and then shorting might start
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Quoting msniper
I saw identical daily candle happened in the past. so can history repeat it self and GJ bounce 100 or 200pips before falling ? {image} {image}
Good Day. Anything can happen in markets but i want to think it willl not fall but reach around 147.80 before falling below it recent lows
POSTMASTER
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