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Dragon Riders GBP/JPY

  • #30,941
  • May 18, 2022 12:19am May 18, 2022 12:19am
#GBPJPY / Daily
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  • #30,942
  • Jun 16, 2022 2:35am Jun 16, 2022 2:35am
#GBPJPY / H4
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  • #30,943
  • Jun 26, 2022 8:34pm Jun 26, 2022 8:34pm
Currently hedged at Long stop loss 165.146 at 0406am and a short with stop loss at 165.732 at 0546 am. One of them will will eventually. Interesting to see how this plays out. Both stops are 1.6-2.4 pips size.
  • #30,944
  • Jul 30, 2022 2:37am Jul 30, 2022 2:37am
Like I said in other thread GJ is in an interesting triangle on 1D chart. Price is being slowly squeezed at the moment so waiting for the proper breakout.
  • #30,945
  • Sep 23, 2022 4:30am Sep 23, 2022 4:30am
the dragon is taking a big
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #30,946
  • Sep 25, 2022 4:58pm Sep 25, 2022 4:58pm
Jpy went for a nice nosedive! I drew up resistance and support, so far it’s at the support… what’s y’all take on the pairs next move are we seeing a pullback or is it going down some more!?
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  • #30,947
  • Sep 25, 2022 6:38pm Sep 25, 2022 6:38pm
I went for a sale and hit two take profits!!! Hope to see this group interacting more often I’ve been looking for a group that studies this pair and trades it daily
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  • #30,948
  • Sep 25, 2022 7:02pm Sep 25, 2022 7:02pm
It's pretty wild right now. Havent seen moves this big in awhile. Keep your lot size small and a stop in place. Bias is obviously to the downside. It's hard to say where it will go, maybe 146, dont quote me
  • #30,949
  • Sep 26, 2022 6:16am Sep 26, 2022 6:16am
waiting to get on the Dragon again
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #30,950
  • Sep 26, 2022 6:38am Sep 26, 2022 6:38am
I'm prepared to short Cable and Dragon if the bank of England doesn't deliver anything hawkish.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #30,951
  • Sep 28, 2022 1:54pm Sep 28, 2022 1:54pm
I wonder if there will be more upside in the Asian session next for this pair.

I went long from 156.8, stop loss at 154.9, target is 161.6+.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #30,952
  • Sep 28, 2022 6:35pm Sep 28, 2022 6:35pm
As long as the news looks positive tomorrow I don’t see why not the trend is already set in motion
  • #30,953
  • Sep 29, 2022 5:42am Sep 29, 2022 5:42am
Quoting ForexGoose
I wonder if there will be more upside in the Asian session next for this pair. I went long from 156.8, stop loss at 154.9, target is 161.6+. {image}
adjusted stop loss to break even and I will let it go

I hope that it will break out higher
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #30,954
  • Sep 29, 2022 7:06am Sep 29, 2022 7:06am
Quoting ForexGoose
{quote} adjusted stop loss to break even and I will let it go I hope that it will break out higher {image}
go Dragon go!!!
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #30,955
  • Sep 29, 2022 1:14pm Sep 29, 2022 1:14pm
Quoting ForexGoose
{quote} go Dragon go!!! {image}
Entered short at exactly 160.000. This is what we were waiting for.
I expect a big drop tommorow. This very well may be the last high, that is this high on this pair. This is a really long-term trade.
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  • #30,956
  • Sep 29, 2022 2:12pm Sep 29, 2022 2:12pm
Quoting ForexGoose
I wonder if there will be more upside in the Asian session next for this pair. I went long from 156.8, stop loss at 154.9, target is 161.6+. {image}
exited trade with take profit at 160.5
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #30,957
  • Sep 30, 2022 12:23am Sep 30, 2022 12:23am
Quoting ForexGoose
{quote} exited trade with take profit at 160.5
Now, we wait for the drop to get in stronger.
  • #30,958
  • Sep 30, 2022 12:24am Sep 30, 2022 12:24am
Quoting TheWolf
{quote} Now, we wait for the drop.
  • #30,959
  • Sep 30, 2022 12:34am Sep 30, 2022 12:34am
Quoting TheWolf
{quote} Now, we wait for the drop to get in stronger.
I am expecting to add long when it drops, as it stands now, around 159.00. I also think we will see it above 167.55.

I have decided to trade GJ only from now on.
POSTMASTER
  • #30,960
  • Sep 30, 2022 12:49am Sep 30, 2022 12:49am
We'll see. But, I'm definitely not expecting the price to reach HH again. Could be wrong. GBP/JPY is insane lately. You either make account or lose one trading this pair. Ordinary looking 15M candles which on other pairs look like at max 15-20 pips is above 50 pips on GBP/JPY. Good Luck!

Added first short 161. SL 161.50.
If 168 happens agaiin, I'll short the hell out of it. I'll risk my account, put SL over 500 pips and that's it.
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