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Dragon Riders GBP/JPY

  • #30,261
  • Dec 31, 2018 9:36pm Dec 31, 2018 9:36pm
no way to rise up.
  • #30,262
  • Jan 1, 2019 6:24am Jan 1, 2019 6:24am
For me, the pair is oversold (daily and weekly) and needs to correct up before going down to 1.27 if needed.
Attached Image
Lost....
  • #30,263
  • Jan 1, 2019 8:38pm Jan 1, 2019 8:38pm
continue going down.
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  • #30,264
  • Jan 2, 2019 2:59am Jan 2, 2019 2:59am
We're in interesting territory. 138 could be an acceleration point to the upside, back to 144. If we blow through 138, 134.5 might be here before we know it.
  • #30,265
  • Jan 2, 2019 3:52am Jan 2, 2019 3:52am
I have a short at 140.88 from dec 21st i dint see any positive sign do u think its gonna bounce back even after pmi positive sign market still in down trend it seems ?? Any suggestions
https://www.mql5.com/en/signals/2004534?source=Site+Signals+My
onyx All Time Profit: $919
  • #30,266
  • Jan 2, 2019 3:53am Jan 2, 2019 3:53am
Lots of bouncing along and above 138, bid side looks heavy = profit taking and hopefully reverse position building, time will tell.
  • #30,267
  • Jan 2, 2019 3:58am Jan 2, 2019 3:58am
To attack my own confirmation bias, the opposite is also true. The ask side could be building a further trade south. The buyer's stops will allow the bears to unwind, all depends on which side of the market the majority of retail is on, hopefully short, we can't ever know for sure.
  • #30,268
  • Jan 2, 2019 4:38am Jan 2, 2019 4:38am
Placed first trade of the New Year and since the before Christmas for me today. Good trading in 2019 to everyone.

My preference is short side at moment. No evidence yet of any bounce up
*** Shoot for the moon. Even if you miss, you'll land among the stars. ***
  • #30,269
  • Jan 2, 2019 4:53am Jan 2, 2019 4:53am
Hi I went long for 144. Will see...
  • #30,270
  • Jan 2, 2019 5:13am Jan 2, 2019 5:13am
135 then 134 in sight.. I will long near these zones
Markets are Irrational
  • #30,271
  • Jan 2, 2019 12:29pm Jan 2, 2019 12:29pm
My long isn't dead yet, but close. The hope would be a long wick on the daily with a close near or above thatv138 level. If 138 is resistance.. My stop is history. Gonna ride it out and see what happens.
  • #30,272
  • Jan 3, 2019 4:50am Jan 3, 2019 4:50am
Quoting ArslanHyder
135 then 134 in sight.. I will long near these zones
as I said.. it happened.. will long near 130 now... owing to the market momentum
Markets are Irrational
  • #30,273
  • Jan 3, 2019 6:28am Jan 3, 2019 6:28am
Quoting ArslanHyder
{quote} as I said.. it happened.. will long near 130 now... owing to the market momentum
You're saying this will still go down to near 130?
Lost....
  • #30,274
  • Jan 3, 2019 9:27am Jan 3, 2019 9:27am
the big player will show they hand another time . soon! there is still bear party.!!!!
  • #30,275
  • Jan 3, 2019 9:35am Jan 3, 2019 9:35am
Tricky trading today, whipsawing both ways ... will sit out now until clearer direction and signal.
*** Shoot for the moon. Even if you miss, you'll land among the stars. ***
  • #30,276
  • Jan 3, 2019 11:32am Jan 3, 2019 11:32am
attention to historic cycles
0ct 2016 great H4 go down(similar to yesterday) and from there started a long trend
i have tre long trade in loss and 3 sell in loss.As soon as possible i will leave the short(also with loss) and hold the long
  • #30,277
  • Jan 3, 2019 2:14pm Jan 3, 2019 2:14pm
Quoting gespiri
{quote} You're saying this will still go down to near 130?
This pair has the potential to touch 130.. I am not saying it will touch 130 but it has the potential to touch that level based on the momentum
Markets are Irrational
  • #30,278
  • Jan 4, 2019 8:28am Jan 4, 2019 8:28am
SELL 137,07, will fall….
  • #30,279
  • Jan 4, 2019 8:49am Jan 4, 2019 8:49am
this one will fall by 100 pip later today….to 136,04
  • #30,280
  • Jan 4, 2019 10:55am Jan 4, 2019 10:55am
Quoting ArslanHyder
{quote} This pair has the potential to touch 130.. I am not saying it will touch 130 but it has the potential to touch that level based on the momentum
I feel like it has the potential to touch 139.
A 1 pip gain is better than a 1 pip loss.
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