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Dragon Riders GBP/JPY

  • #29,841
  • Nov 9, 2018 12:58am Nov 9, 2018 12:58am
tp or be?
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  • #29,842
  • Nov 9, 2018 1:05am Nov 9, 2018 1:05am
Quoting MzansiObi
{quote} Robby, Im in short 146.817 Took that short on Friday just before markets closed. h4 Had a bit of a nice bearish pin . without any specific news etc, Am assuming the Gap up was due to Fridays profit taking hence the DIP and then the bulls just filled their orders when markets opened. Just an assumption on my part Im watching the descending trendline from the beginning of the year on the daily..... a break and close above that will guide my bias . I remain Bearish in this pair till its broken. Just trying to see levels on smaller time frames...

Morning Traders.

Just to show why we have been taking Jabs at this bad boy all week.
The descending daily trendline as come into play again today.
Its all about levels.

Stay Green.
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4&1 All Time Profit: $37,496
  • #29,843
  • Nov 9, 2018 1:16am Nov 9, 2018 1:16am
i will be seller all the day.I think the up trend is finish.
  • #29,844
  • Nov 9, 2018 2:10am Nov 9, 2018 2:10am
Quoting aa4fx
{quote} Sold the 149.41, looks like good decision to let that trade go. Small profits here and there makes good money all together, but true, not as easy as taking a good trend. I guess you wanted to show that you're close to double the account? or? ... money matters not %! ('hit it big' might give you surprises ...)
It's all good now buddy, I'm short on the signal and with you guys.... unless you start calling for BUY

It takes a lot for me to IGNORE you, but you can try.
  • #29,845
  • Nov 9, 2018 3:19am Nov 9, 2018 3:19am
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  • #29,846
  • Nov 9, 2018 3:23am Nov 9, 2018 3:23am
Quoting Cicciobello
{image}
yeh but these economic news can change the direction. its still in bullish mode at 148
  • #29,847
  • Nov 9, 2018 3:34am Nov 9, 2018 3:34am
first attak of the price against moving average.I think it will fail
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  • #29,848
  • Nov 9, 2018 5:50am Nov 9, 2018 5:50am
Placed a pending Buy order due to bounce off of LWMA on 4hr chart thats in downtrend.
Sell limit order placed at retest of the daily descending trendline from years high that was broken.

Hope it makes sense.
Stay Green
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4&1 All Time Profit: $37,496
  • #29,849
  • Nov 9, 2018 6:09am Nov 9, 2018 6:09am
It's heading back up..my sl is 148 and tp 149. I get I get..happy wknd
  • #29,850
  • Nov 9, 2018 6:11am Nov 9, 2018 6:11am
Quoting Suj
It's heading back up..my sl is 148 and tp 149. I get I get..happy wknd
Its fine let it retrace, theres still lots of fire power coming.
Look at the bears momentum thus far, viewing any pull back as opportunity to load more shorts...
148.5-148.6
4&1 All Time Profit: $37,496
  • #29,851
  • Nov 9, 2018 10:37am Nov 9, 2018 10:37am
Price attack to average simple failed
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  • #29,852
  • Nov 9, 2018 10:47am Nov 9, 2018 10:47am
Price deflected on the Fib line several times from the recent high on the 1h tf. Looked like consolidation, and the down trend continuing now.

Been short since 149. Have my sl at be +10.

Hope to see this continue.
  • #29,853
  • Nov 9, 2018 10:53am Nov 9, 2018 10:53am
Its strange how when the price is far from average of 100 pips there is a good probability of price reaction
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  • #29,854
  • Nov 9, 2018 11:13am Nov 9, 2018 11:13am
it is possible to go in week end ovenight
the nex week possible others short
  • #29,855
  • Nov 9, 2018 2:37pm Nov 9, 2018 2:37pm
Weekly close and aggressive selloff today speaks volumes.

Stay green guys.

Lets continue picking those levels.

Regards
4&1 All Time Profit: $37,496
  • #29,856
  • Nov 9, 2018 3:37pm Nov 9, 2018 3:37pm
Quoting Cahir85
Price deflected on the Fib line several times from the recent high on the 1h tf. Looked like consolidation, and the down trend continuing now. Been short since 149. Have my sl at be +10. Hope to see this continue.

Sl now at +125 pips. Not sure how low this one can go. Is 143 achievable?
  • #29,857
  • Nov 9, 2018 3:50pm Nov 9, 2018 3:50pm
Quoting Cahir85
{quote} Sl now at +125 pips. Not sure how low this one can go. Is 143 achievable?
well 143 will definitely be hit, but it will probably be safer to TP 144.. may be a bounce and another opportunity to short
  • #29,858
  • Nov 11, 2018 8:45pm Nov 11, 2018 8:45pm
Quoting Cahir85
{quote} Sl now at +125 pips. Not sure how low this one can go. Is 143 achievable?
what if its trying to make an M?
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i have tried to start trades with a trend, now i prefer to follow the trend
  • #29,859
  • Nov 12, 2018 12:54am Nov 12, 2018 12:54am
Morning Traders.

Plan for the week, will be using and looking at any rallies to go short.

Current short entered/order got filled at 147.400.(SL at BE) half position closed and TP Open.


Levels im watching and looking for entry signals are (all with a 20pip SL)
147.248
147.700
148.000
149.489
4&1 All Time Profit: $37,496
  • #29,860
  • Nov 12, 2018 4:17am Nov 12, 2018 4:17am
Closed my sell trades!!!
good gain
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