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Dragon Riders GBP/JPY

  • #1,081
  • Dec 10, 2014 1:34am Dec 10, 2014 1:34am
Quoting albchr
{quote} Well, we won't know anything until we get out of this consolidation. But the process is pretty reliable. I don't concern myself with news. The charts are fine. I think the daily has already confirmed it but ... we'll see. {image}
Well you should .... At these levels and for a swing the only thing that is moving the price is fundamentals (YEN !!!)....but sure i understand what you mean in terms of your trade...

Let see how it goes...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #1,082
  • Dec 10, 2014 1:36am Dec 10, 2014 1:36am
Quoting albchr
{quote} It's just getting nervous for the news in 5 minutes.
Attached Image
  • #1,083
  • Dec 10, 2014 1:43am Dec 10, 2014 1:43am
Quoting FX-Ray
{image}
News? I didn't know there was any news... until now. I bet whatever news it is, it's going to be bad news!

(pulling up FF calendar)...
Please check out my blog at https://from-zero-to-hero . net
  • #1,084
  • Dec 10, 2014 1:44am Dec 10, 2014 1:44am
Quoting sisse
{quote} Well you should .... At these levels and for a swing the only thing that is moving the price is fundamentals (YEN !!!)....but sure i understand what you mean in terms of your trade... Let see how it goes... sisse
The age old battle of TA versus FA ... lol

For me? Micro (daily/weekly) data supports the smaller moves already on the charts. Macro data supports the larger moves already on the charts. But nothing moves in a straight line and the market MUST find balance before continuing.

I could be 100% wrong. If I am? It won't be the first ... or last time.
Ghost Rider - WWTBMD?
  • #1,085
  • Dec 10, 2014 1:45am Dec 10, 2014 1:45am
Quoting FX-Ray
{quote} {image}
Yep! that nervous "tick"
Ghost Rider - WWTBMD?
  • #1,086
  • Dec 10, 2014 1:47am Dec 10, 2014 1:47am
Quoting albchr
{quote} The age old battle of TA versus FA ... lol For me? Micro (daily/weekly) data supports the smaller moves already on the charts. Macro data supports the larger moves already on the charts. But nothing moves in a straight line and the market MUST find balance before continuing. I could be 100% wrong. If I am? It won't be the first ... or last time.
I never restrict myself instead using as much information as needed. For example: Fundamentals helped me to hold onto positions long term. TA helped me to trade short-sentiment.
  • #1,087
  • Dec 10, 2014 1:48am Dec 10, 2014 1:48am
Quoting smash1820
{quote} News? I didn't know there was any news... until now. I bet whatever news it is, it's going to be bad news! (pulling up FF calendar)...
Doesn't really matter what it is (to me). (Unless it's something catastrophic and unexpected), it only starts or continues the move. The course is already set. IMHO
Ghost Rider - WWTBMD?
  • #1,088
  • Dec 10, 2014 1:49am Dec 10, 2014 1:49am
Quoting FX-Ray
{quote} I never restrict myself instead using as much information as needed. For example: Fundamentals helped me to hold onto positions long term. TA helped me to trade short-sentiment.
Agreed. You remember what I told you in my thread about that very wise trader's words ... right?
Ghost Rider - WWTBMD?
  • #1,089
  • Dec 10, 2014 1:50am Dec 10, 2014 1:50am
Quoting FX-Ray
{quote} {image}
The one before and this one were hilarious.. lmfao here..

Happy Trades
Focus only on what truly matters!
  • #1,090
  • Dec 10, 2014 1:50am Dec 10, 2014 1:50am
Quoting albchr
{quote} Agreed. You remember what I told you in my thread about that very wise trader's words ... right?
Yeah indeed
  • #1,091
  • Dec 10, 2014 1:54am Dec 10, 2014 1:54am
Should start to see a move here soon.
Ghost Rider - WWTBMD?
  • #1,092
  • Dec 10, 2014 1:58am Dec 10, 2014 1:58am
Quoting albchr
Should start to see a move here soon.
Thats what I see for now.

If break 186.25 next 185.70/50; if break 187.00 next 187.80/00
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  • #1,093
  • Dec 10, 2014 1:59am Dec 10, 2014 1:59am
Quoting FX-Ray
{quote} Thats what I see for now. {image}
One day (when I have time) I'm sure I'll figure out what that means.
Ghost Rider - WWTBMD?
  • #1,094
  • Dec 10, 2014 1:59am Dec 10, 2014 1:59am
Quoting sisse
{quote} Not sure in that weekly retrace. We may already have (a very fast one) the retrace before. Watch out for the for the lows the 9Nov that got quickly rejected on the wick to the lows the 16Nov. Plus yesterday we closed as expected above 187.2x (PTL if you are reading this !!!! ) despite the deep clean to the lows intraday. In simple words without fundamentals in play, the monthly and yearly are in play. And there is still a full long swing in play from the swing from September (as posted yesterday) on the major targets. Calling the high of...
mate I screwed up royally yesterday, missed my entry....so I'm gonna let her alone for a while, will look elsewhere...
Look Sharp/Trade Tight
  • #1,095
  • Dec 10, 2014 2:01am Dec 10, 2014 2:01am
Ho Hum --- I was rather hoping that last hour would take the lows. Maybe next hour.

Coffee time
Attached Image
Ghost Rider - WWTBMD?
  • #1,096
  • Dec 10, 2014 2:03am Dec 10, 2014 2:03am
Quoting FX-Ray
{quote} E/U is trying 2525 Just rejected 70/65.. {image}
1.2447.5/42.5 ► Showtime™
  • #1,097
  • Dec 10, 2014 2:10am Dec 10, 2014 2:10am
Quoting albchr
Ho Hum --- I was rather hoping that last hour would take the lows. Maybe next hour. Coffee time {image}
Sorry mate, took the other side again
  • #1,098
  • Dec 10, 2014 2:12am Dec 10, 2014 2:12am
Quoting FX-Ray
{quote} Sorry mate, took the other side again
That's cool bro. We need each other. That's what makes the market go round.
Ghost Rider - WWTBMD?
  • #1,099
  • Dec 10, 2014 2:13am Dec 10, 2014 2:13am
Quoting albchr
{quote} That's cool bro. We need each other. That's what makes the market go round.
If she takes out 187.00 I gonna hold to 187.80/60, otherwise Ill get out.

You know she's a maniac...

Inserted Video
  • #1,100
  • Dec 10, 2014 2:14am Dec 10, 2014 2:14am
Quoting albchr
Ho Hum --- I was rather hoping that last hour would take the lows. Maybe next hour. Coffee time {image}
at same price went long. we will see
Time is your friend; impulse is your enemy.
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