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Dragon Riders GBP/JPY

  • #30,661
  • May 24, 2019 7:04am May 24, 2019 7:04am
i think is clear
the big boys dont want GBP goes up.As soon as it go up big boys sell it
antimartingale is the best
  • #30,662
  • May 24, 2019 10:33pm May 24, 2019 10:33pm
hi all
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy23d.PNG Size: 38 KB

head and shoulders pattern???
gbpjpy
  • #30,663
  • May 25, 2019 3:39am May 25, 2019 3:39am
On monthly chart.
Waiting for valid swing low to prepare new move. Will the second dot be the another swing low? let see next month or even 2 months later.
Attached Image
wish me pips
  • #30,664
  • May 25, 2019 4:24pm May 25, 2019 4:24pm
Quoting riclater211
{quote} Price has entered my trade box. However, I feel like I still want to see a retrace before entry. I may end up missing out but that is OK. There will always be another. {image}
Price retraced a little. Still not as comfortable as I would like but we shall see what happens next week.

Enjoy your weekend.

- Ric
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY 05242019.png Size: 100 KB
Be humble or get humbled
  • #30,665
  • May 26, 2019 6:06am May 26, 2019 6:06am
Quoting Moriz
hi all {image} head and shoulders pattern??? gbpjpy
looks like it ,yes.
good catch
  • #30,666
  • May 27, 2019 12:29am May 27, 2019 12:29am
Quoting Arttrade
i think is clear the big boys dont want GBP goes up.As soon as it go up big boys sell it
I think like you, sold GJ first tp 139.00.
  • #30,667
  • May 27, 2019 1:24am May 27, 2019 1:24am
Top of 5days range,weekly pivot, possible retrace at least 10-15 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 120 KB
  • #30,668
  • May 27, 2019 4:04am May 27, 2019 4:04am
Quoting rare
{quote} I think like you, sold GJ first tp 139.00.
Closed now at 139.07. Just like everyone I'm trying to bring the bacon home, good luck all.
  • #30,669
  • May 27, 2019 5:04am May 27, 2019 5:04am
Quoting ricmi
Top of 5days range,weekly pivot, possible retrace at least 10-15 pips. {image}
3h later.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH11.png Size: 181 KB
  • #30,670
  • May 28, 2019 9:02am May 28, 2019 9:02am
GJ the area between 138.50 to 137.50 is all buying area

stop loss 136

target 150 and above
  • #30,671
  • May 30, 2019 9:09pm May 30, 2019 9:09pm
Quoting msniper
GJ the area between 138.50 to 137.50 is all buying area stop loss 136 target 150 and above
I think GJ didn't find bottom yet and might drop another 100pips to 150pips

I suggest going hedge sell

and also lower the SL to 135

targets remain same
  • #30,672
  • May 30, 2019 9:25pm May 30, 2019 9:25pm
Quoting msniper
GJ the area between 138.50 to 137.50 is all buying area stop loss 136 target 150 and above
Target can hit 145 I am very satisfied already.
  • #30,673
  • May 31, 2019 11:18am May 31, 2019 11:18am
Took long @ 137.10 target 141
Forex Learner
  • #30,674
  • Jun 1, 2019 1:11am Jun 1, 2019 1:11am
Start Collecting buy order from 136.850 and keep buying if it goes lower with MM
  • #30,675
  • Jun 1, 2019 3:11am Jun 1, 2019 3:11am
Targeting 143 now...
Markets are Irrational
  • #30,676
  • Jun 2, 2019 3:57pm Jun 2, 2019 3:57pm
Here's a top-down technical perspective on the GBPJPY.

On the daily time frame, price action is presently located around a horizontal support and we may expect sideways of price action or a northward retracement before any bearish continuation. The technicals are in favour of bears.

On the H4 time frame, the candlesticks are getting relatively smaller, an indication of a weakness in momentum. We may see some corrective price action before any directional momentum.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_June_2,_2019_D1.png Size: 43 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_June_2,_2019_H4.png Size: 40 KB
Do your homework, follow the footprints of smart money
  • #30,677
  • Jun 2, 2019 4:19pm Jun 2, 2019 4:19pm
Quoting KeenPips
Here's a top-down technical perspective on the GBPJPY. On the daily time frame, price action is presently located around a horizontal support and we may expect sideways of price action or a northward retracement before any bearish continuation. The technicals are in favour of bears. {image} {image}
Yes, even on monthly chart bear still in control from past year till this quarter. Waiting for trigger this month for the next quarter.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-06-03-04-04-32.png Size: 46 KB
wish me pips
  • #30,678
  • Jun 2, 2019 10:54pm Jun 2, 2019 10:54pm
GJ has unfinished business at 136.37 [ hold or break decides future ]
  • #30,679
  • Jun 2, 2019 11:31pm Jun 2, 2019 11:31pm
no sign to goes up this time ... let's see next 48 hour
  • #30,680
  • Jun 3, 2019 12:03am Jun 3, 2019 12:03am
Quoting PatienceFx
GJ has unfinished business at 136.37 [ hold or break decides future ]
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 29 KB
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