Dragon Riders GBP/JPY | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Enter The Dragon - GBP/JPY 2 replies

Info on the Borihei-Dragon Scalping System? 15 replies

The Dragon 441 replies

Scalping The Dragon 34 replies

***Dragon II*** 15 replies

Attachments: Dragon Riders GBP/JPY
Exit Attachments

Dragon Riders GBP/JPY

  • #41
  • Nov 24, 2014 8:03am Nov 24, 2014 8:03am
Quoting AllyB
{quote}
Are you in short???
  • #42
  • Nov 24, 2014 8:07am Nov 24, 2014 8:07am
Back test of channel line or is this start of next leg up to galaxy far far away?

Attached Image (click to enlarge)
Click to Enlarge Name: GJ1124.png Size: 131 KB
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #43
  • Nov 24, 2014 8:10am Nov 24, 2014 8:10am
Quoting bagXpert
{quote} Are you in short???
I don't feel the need to tell you
  • #44
  • Nov 24, 2014 8:12am Nov 24, 2014 8:12am
Quoting AllyB
{quote} I don't feel the need to tell you
Feel it feel it. Rhoo, it is just a joke. Be cool.
  • #45
  • Nov 24, 2014 8:15am Nov 24, 2014 8:15am
sell with TP 181.25
  • #46
  • Nov 24, 2014 8:16am Nov 24, 2014 8:16am
Quoting datdle
sell with TP 181.25
????
  • #47
  • Nov 24, 2014 8:16am Nov 24, 2014 8:16am
Quoting bagXpert
{quote} ????
#Rule 1,2,3,5

Congratulation, you are the first one made it. Now go and sit next to your trade-explorer and discuss what went wrong this time. Bye
  • #48
  • Nov 24, 2014 8:16am Nov 24, 2014 8:16am
Quoting Mr. Scott
{quote} Thank you Ally. Hope they make sense. If not ask, and I will try to explain. Please notice FX-Ray often has DP at fib numbers....
I like to use the fibs on a H1 chart also. I don't use multi fibs as you do but really like the way they line up with the DP's also. sort of a double conformation
  • #49
  • Nov 24, 2014 8:19am Nov 24, 2014 8:19am
Quoting AllyB
{quote} I like to use the fibs on a H1 chart also. I don't use multi fibs as you do but really like the way they line up with the DP's also. sort of a double conformation
Yeah somehow, I noticed that many times too.

Quoting FX-Ray
{quote} This what got me curious too Scotty, truth be told I never paid that much attention to them but somehow they overlapp with those calculated points, higher order, coincidence?
Scotty any idea?
  • #50
  • Nov 24, 2014 8:24am Nov 24, 2014 8:24am
Knock Knock ... anybody home? Nice place Ray
Ghost Rider - WWTBMD?
  • #51
  • Nov 24, 2014 8:31am Nov 24, 2014 8:31am
Quoting albchr
Knock Knock ... anybody home? Nice place Ray
Hey hey, come in and grab a beer
  • #52
  • Nov 24, 2014 8:33am Nov 24, 2014 8:33am
We still in DP, getting respected, still watching, might short on one more test of the upper limit with a tight stop. Though would add a chart as well.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ DP.PNG Size: 44 KB
  • #53
  • Nov 24, 2014 8:35am Nov 24, 2014 8:35am
Quoting FX-Ray
{quote} Yeah somehow, I noticed that many times too. {quote} Scotty any idea?
Quoting AllyB
{quote} I like to use the fibs on a H1 chart also. I don't use multi fibs as you do but really like the way they line up with the DP's also. sort of a double conformation
I am looking at relationships between swings and fibs to identify harmonic relationships. Thus, I will use fibs of different waves if the relationships are valid. They should represent market participant behavior and identify zones where decisions will be made as for correction, continuation, reversal. More confluence, the better.

Not really sure what a DP represents? Market profile?
The world you desire can be won. It exists.. it is real.. it is possible..
  • #54
  • Nov 24, 2014 8:37am Nov 24, 2014 8:37am
Quoting workingforex
We still in DP, getting respected, still watching, might short on one more test of the upper limit with a tight stop. Though would add a chart as well. {image}
Nice mate, its about 60ish, like I said I gonna bail out above 80ish. If you're not short yet I'd wait for 60ish and take the made high as SL-mark. Anyway, probably gonna get stopped out on this one.
  • #55
  • Nov 24, 2014 8:38am Nov 24, 2014 8:38am
Subscribed with plenty to learn. Thanks.
Was trading that nice pullback in GBPJPY, but chickened out (too soon).
k
  • #56
  • Nov 24, 2014 8:38am Nov 24, 2014 8:38am
Quoting Mr. Scott
{quote} {quote} I am looking at relationships between swings and fibs to identify harmonic relationships. Thus, I will use fibs of different waves if the relationships are valid. They should represent market participant behavior and identify zones where decisions will be made as for correction, continuation, reversal. More confluence, the better. Not really sure what a DP represents? Market profile?
Profile based on volatility, range and time. Only difference is volume is not used.
  • #57
  • Nov 24, 2014 8:43am Nov 24, 2014 8:43am
Quoting albchr
Knock Knock ... anybody home? Nice place Ray
hi chris ... hope you had a nice weekend and the worst of the weather out there missed you
  • #58
  • Nov 24, 2014 8:47am Nov 24, 2014 8:47am
Quoting FX-Ray
{quote} Nice mate, its about 60ish, like I said I gonna bail out above 80ish. If you're not short yet I'd wait for 60ish and take the made high as SL-mark. Anyway, probably gonna get stopped out on this one.
Gone short @ 185.72 with stop @ 185.84 (very-tight), will update how it goes, if goes below will go stop at BE.
  • #59
  • Nov 24, 2014 8:51am Nov 24, 2014 8:51am
Quoting FX-Ray
{quote} Profile based on volatility, range and time. Only difference is volume is not used.
Ok thank you. Then, due to range and time, fibs should align as symmetry is required. Not at all points, but at some.

Volume would be included in tertiary manner as range, time, and volatility would capture it? Not sure how you measure volatility.

Anyway, interesting. Will keep an eye on these, see if anything clicks.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #60
  • Nov 24, 2014 8:58am Nov 24, 2014 8:58am
Quoting Mr. Scott
{quote} Ok thank you. Then, due to range and time, fibs should align as symmetry is required. Not at all points, but at some. Volume would be included in tertiary manner as range, time, and volatility would capture it? Not sure how you measure volatility. Anyway, interesting. Will keep an eye on these, see if anything clicks.
The idea is if you wanna meassure price you do it in [pips per time} like [miles per hour]. Volatility just measures the extent.
Since the speed of a car [miles per hour] doesnt need any extend to measure, what makes a chart three dimensional althought its 2 dimensional by definition [x/y].
18 traders viewing now