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Dragon Riders GBP/JPY

  • #30,061
  • Nov 28, 2018 5:23am Nov 28, 2018 5:23am
Here's a tip try to look at longer time frames, 4hr, daily and weekly.
  • #30,062
  • Nov 28, 2018 6:40am Nov 28, 2018 6:40am
I think we will soon see a rally above 145.60 to 146.00.
  • #30,063
  • Nov 28, 2018 7:01am Nov 28, 2018 7:01am
some R here on the 4hr, nothing major, bulls could have some room to run....which also makes me wonder if its a trap, I'll see how they close but if they challenge last weeks highs and fail, I'll consider selling them....good luck...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 48 KB
Look Sharp/Trade Tight
  • #30,064
  • Nov 28, 2018 1:09pm Nov 28, 2018 1:09pm
Quoting greengp
M15 CHART FOR SHORT {image}
u got it man
  • #30,065
  • Nov 28, 2018 1:13pm Nov 28, 2018 1:13pm
Quoting mah.sarah
I'm still long. Hehe! I don't look at a small time frame.
RU NOW
  • #30,066
  • Nov 29, 2018 2:25am Nov 29, 2018 2:25am
up and down up and down up and down.....
  • #30,067
  • Nov 29, 2018 3:15am Nov 29, 2018 3:15am
grrr ... logged on this morning to see my short was stopped out virtually to the pip on the move up and then it goes down from there over 100 pips

... Oh well, sit and wait for next trade.
*** Shoot for the moon. Even if you miss, you'll land among the stars. ***
  • #30,068
  • Nov 29, 2018 3:15am Nov 29, 2018 3:15am
the pair is heavy on short now. i hope it reaches 140?
  • #30,069
  • Nov 29, 2018 3:27am Nov 29, 2018 3:27am
Quoting mah.sarah
the pair is heavy on short now. i hope it reaches 140?
Will possibly react after the Brexit debate. Hope you are right though.
  • #30,070
  • Nov 29, 2018 3:31am Nov 29, 2018 3:31am
I'm betting downwards move because upwards is weak today
  • #30,071
  • Nov 29, 2018 5:07am Nov 29, 2018 5:07am
Quoting mah.sarah
I'm betting downwards move because upwards is weak today
I was afraid of that happening.....
It reached my first support of 144.531 and might now start to trend up. We'll see.....
Lost....
  • #30,072
  • Nov 29, 2018 5:13am Nov 29, 2018 5:13am
GBP so weak..... i'm scalping short.....

Be the force Be with U!
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 24 KB
  • #30,073
  • Nov 29, 2018 5:16am Nov 29, 2018 5:16am
The pair is back at 144.70 and since it's still range-bound it may depreciate to 144.00.
  • #30,074
  • Nov 29, 2018 6:20am Nov 29, 2018 6:20am
It's certainly heavily bearish since there's a lot of uncertainty at the moment. I'm looking at it fundamentally.
  • #30,075
  • Nov 29, 2018 9:29am Nov 29, 2018 9:29am
Price didn't go beyond 144.85. it seems to go down from here on
  • #30,076
  • Nov 29, 2018 9:29am Nov 29, 2018 9:29am
Quoting JediForex
GBP so weak..... i'm scalping short..... Be the force Be with U! {image}
'May' the Force be with you too!!
  • #30,077
  • Nov 29, 2018 9:48am Nov 29, 2018 9:48am
Quoting gespiri
My two cents...... Here are the weekly and 1hr chart for this pair. If you look at the rising channel (blue lines), when might hit the 142.90 level if the 144.14 is broken today or tomorrow. It looks pretty heavy right now pending Brexit news. {image} {image}

This is also something to think of... 'IF' support holds then back to retesting the resistance in a couple of weeks...(months?). It might be a squeeze...
Attached Image
  • #30,078
  • Nov 30, 2018 5:27am Nov 30, 2018 5:27am
Quoting mah.sarah
Price didn't go beyond 144.85. it seems to go down from here on
Perhaps. It does look bearish, but it has also formed a pinbar 144.70 on W1 time frame so we may eventually see a reversal.
  • #30,079
  • Nov 30, 2018 7:21am Nov 30, 2018 7:21am
Quoting dianajs
{quote} Perhaps. It does look bearish, but it has also formed a pinbar 144.70 on W1 time frame so we may eventually see a reversal.
I've seen the pinbar. I want to validate that 144.7 seems to be the turning point and I have since switched to longs.
  • #30,080
  • Dec 2, 2018 5:01pm Dec 2, 2018 5:01pm
This Monday morning I went short on this pair.
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