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Dragon Riders GBP/JPY

  • #921
  • Dec 9, 2014 5:49am Dec 9, 2014 5:49am
Quoting pgtips
Hey guys, did anyone figure why GJ dropped so sharply this morning, I cannot find a news trigger. PG
Lol, the news literally did trigger that move. However its stuck at this strong sup/dem level @ 187,70. Thinking of going long if this level does not break. Sooner or later.
  • #922
  • Dec 9, 2014 6:00am Dec 9, 2014 6:00am
Quoting ktoTam
{quote} Hi, sl at .179 Sorry im bad at explaining especially in english.
ah its ok Thanks anyway
  • #923
  • Dec 9, 2014 6:55am Dec 9, 2014 6:55am
Another hiccup suddenly 25 pips drops
  • #924
  • Dec 9, 2014 7:18am Dec 9, 2014 7:18am
Now I want to see a clear break and retest. If confirmed ...

Edit: Break - check!
Fix up, trade sharp ...
  • #925
  • Dec 9, 2014 7:20am Dec 9, 2014 7:20am
Quoting Hickson
Now I want to see a clear break and retest. If confirmed ...
Yup, break and next TP 186,80
  • #926
  • Dec 9, 2014 7:24am Dec 9, 2014 7:24am
Quoting heriyadi
{quote} Yup, break and next TP 186,80
Did you already short?
Fix up, trade sharp ...
  • #927
  • Dec 9, 2014 7:25am Dec 9, 2014 7:25am
Quoting Hickson
{quote} Did you already short?
already from 187.60
  • #928
  • Dec 9, 2014 7:31am Dec 9, 2014 7:31am
Quoting heriyadi
{quote} already from 187.60
Nice, I am at work, so only the best setups can be taken. I put a sell limit 187.377 now
Fix up, trade sharp ...
  • #929
  • Dec 9, 2014 7:35am Dec 9, 2014 7:35am
I think it'll stop around the 186 margins, with significant support at 186.22. Does anyone think it'll breach 186.00?
  • #930
  • Dec 9, 2014 7:54am Dec 9, 2014 7:54am
Simple two legged correction perhaps.

Attached Image (click to enlarge)
Click to Enlarge Name: GJ.png Size: 38 KB
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #931
  • Dec 9, 2014 7:55am Dec 9, 2014 7:55am
Quoting Hickson
{quote} Nice, I am at work, so only the best setups can be taken. I put a sell limit 187.377 now
I wish I have skill and can be as precise as you.

edit: bad english
  • #932
  • Dec 9, 2014 8:16am Dec 9, 2014 8:16am
Quoting heriyadi
{quote} I wish I have skill and can be as precise as you. edit: bad english
Well, you still have the better entry I think it was not skill, just lucky. It could still bounce a bit from here though, so still keeping leverage low.
Fix up, trade sharp ...
  • #933
  • Dec 9, 2014 8:20am Dec 9, 2014 8:20am
Quoting Hickson
{quote} Well, you still have the better entry I think it was not skill, just lucky. It could still bounce a bit from here though, so still keeping leverage low.
If I may know you TP? mine at the moment 186.80
  • #934
  • Dec 9, 2014 8:20am Dec 9, 2014 8:20am
Anyone got a short from DP 189.40/20 ?
  • #935
  • Dec 9, 2014 8:28am Dec 9, 2014 8:28am
hi guys 187.200 long target 189 and above sl 186 is manage for now post chart in a bit
  • #936
  • Dec 9, 2014 8:37am Dec 9, 2014 8:37am
Quoting elbert3
hi guys 187.200 long target 189 and above sl 186 is manage for now post chart in a bit
rash pulled it try 186,177
  • #937
  • Dec 9, 2014 8:45am Dec 9, 2014 8:45am
Quoting heriyadi
{quote} If I may know you TP? mine at the moment 186.80
TP open until signals invalid.
Fix up, trade sharp ...
  • #938
  • Dec 9, 2014 8:49am Dec 9, 2014 8:49am
Quoting FX-Ray
Anyone got a short from DP 189.40/20 ?
YES I DO @189.60
  • #939
  • Dec 9, 2014 8:49am Dec 9, 2014 8:49am
Quoting Hickson
{quote} TP open until signals invalid.
Ah should learn more, mine closed already but in overall I got 110 pips today.
Any material you recommended? Strategy you used?
  • #940
  • Dec 9, 2014 8:54am Dec 9, 2014 8:54am
Hey FX-Ray, I'm hedging my bets that in the event the price falls below 185 (December 1 support), we'll see further temporary correction.

What are the odds of 185 being breached though?

Note: I expect 186 to be it.
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