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Dragon Riders GBP/JPY

  • #1,101
  • Dec 10, 2014 4:18am Dec 10, 2014 4:18am
Quoting FX-Ray
{quote} If she takes out 187.00 I gonna hold to 187.80/60, otherwise Ill get out. You know she's a maniac... https://www.youtube.com/watch?v=8NjbGr2nk2c
Honestly Ray? I wish many more would buy. The big guns need all those large sell orders filled.
Ghost Rider - WWTBMD?
  • #1,102
  • Dec 10, 2014 4:20am Dec 10, 2014 4:20am
Quoting albchr
{quote} Honestly Ray? I wish many more would buy. The big guns need all those large sell orders filled.
Haha good one
  • #1,103
  • Dec 10, 2014 4:26am Dec 10, 2014 4:26am
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.
IMO, there is no such a thing as a battle between TA vs FA. I haven't meet or known of a good successful trader (not day trading) that is not a well balanced in both whatever the underlying and whatever the tools (TA) he/she uses.

Sure there are a very few consistentsuccessful manual day traders (endangered species with all the super fast algos and HFT systems) that can ignore everything around as they only exploiting a small statistical edge.

However, mixing up intraday knee jerk reaction or noise from the news with actual fundamentals behind an underlying is a completely different issue.

I can't disagree more with "(daily/weekly) data supports the smaller moves already on the charts" otherwise we will never move outside of historical predefined range in a trendless motion. Macro direction and expectations of value set the key turning/continuation and major areas of consolidations/targets in any market...everything in between is what we try to trade and exploit with TA or even tossing of a coin...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #1,104
  • Dec 10, 2014 4:27am Dec 10, 2014 4:27am
Quoting FX-Ray
{quote} Haha good one
hehe ... yesterday's move was telling. IMHO

https://encrypted-tbn1.gstatic.com/i...q7A-5vGIxXEYqc
Ghost Rider - WWTBMD?
  • #1,105
  • Dec 10, 2014 4:29am Dec 10, 2014 4:29am
Quoting albchr
{quote} hehe ... yesterday's move was telling. IMHO {image}
Time will tell mate
  • #1,106
  • Dec 10, 2014 4:31am Dec 10, 2014 4:31am
Quoting sisse
{quote} IMO, there is no such a thing as a battle between TA vs FA. I haven't meet or known of a good successful trader (not day trading) that is not a well balanced in both whatever the underlying and whatever the tools (TA) he/she uses. Sure there are a very few consistentsuccessful manual day traders (endangered species with all the super fast algos and HFT systems) that can ignore everything around as they only exploiting a small statistical edge. However, mixing up intraday knee jerk reaction or noise from the news with actual fundamentals...
Wow! All way too complex for me. I'm just a simple Carpenter/Biker/Trucker ... .... But ..... I do look for large moves and I don't flip coins.

http://www.forexfactory.com/showthre...45#post7931145
Ghost Rider - WWTBMD?
  • #1,107
  • Dec 10, 2014 4:34am Dec 10, 2014 4:34am
Quoting sisse
{quote} IMO, there is no such a thing as a battle between TA vs FA. I haven't meet or known of a good successful trader (not day trading) that is not a well balanced in both whatever the underlying and whatever the tools (TA) he/she uses. Sure there are a very few consistentsuccessful manual day traders (endangered species with all the super fast algos and HFT systems) that can ignore everything around as they only exploiting a small statistical edge. However, mixing up intraday knee jerk reaction or noise from the news with actual fundamentals...
Nice post sisse, if I may go a step further: Doesnt matter what TF, what methodology or what market, current price is the only fact at any given moment, everything else is conceptual.
  • #1,108
  • Dec 10, 2014 4:35am Dec 10, 2014 4:35am
Quoting FX-Ray
{quote} Time will tell mate
Now that is a 100% certainty.

Anyway I'm off for a bit. Watching this is making me tired. Enjoy the day folks.
Ghost Rider - WWTBMD?
  • #1,109
  • Dec 10, 2014 4:36am Dec 10, 2014 4:36am
Quoting FX-Ray
{quote} Nice post sisse, if I may go a step further: Doesnt matter what TF, what methodology or what market, current price is the only fact at any given moment, everything else is conceptual.
....
Ghost Rider - WWTBMD?
  • #1,110
  • Dec 10, 2014 4:40am Dec 10, 2014 4:40am
Quoting albchr
{quote} Wow! All way too complex for me. I'm just a simple Carpenter/Biker/Trucker ... .... But ..... I do look for large moves and I don't flip coins. http://www.forexfactory.com/showthre...45#post7931145
You charts shows that you are a seasoned trader so good luck managing those trades....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #1,111
  • Dec 10, 2014 5:18am Dec 10, 2014 5:18am
If she able to overcome 187 next is DP 187.80/60
  • #1,112
  • Dec 10, 2014 5:18am Dec 10, 2014 5:18am
I've only been at this 3 weeks, so embyonically new, but thought I'd join in riding the dragon, just made £181 in pretend demo money. I'm on Plus500, they gave me £20k to muck about with, I've had it upto £26k twice, and down to £14k twice...for godssake down let me go live yet!
right, off to stare at my screen, awaiting the next bottoming out.
  • #1,113
  • Dec 10, 2014 5:53am Dec 10, 2014 5:53am
Quoting sisse
{quote} You charts shows that you are a seasoned trader so good luck managing those trades.... sisse
Thank you sisse. Just finding my way and it's coming together.
Ghost Rider - WWTBMD?
  • #1,114
  • Dec 10, 2014 6:43am Dec 10, 2014 6:43am
test S
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 72 KB
resilience....
  • #1,115
  • Dec 10, 2014 6:50am Dec 10, 2014 6:50am
Quoting hederi
test S {image}
ichimoku cloud?
  • #1,116
  • Dec 10, 2014 6:56am Dec 10, 2014 6:56am
Quoting FX-Ray
{quote} E/U is trying 2525 Just rejected 70/65.. {image}
Update..E/U (Chart H1)
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 27 KB
  • #1,117
  • Dec 10, 2014 6:56am Dec 10, 2014 6:56am
It would make for a bad joke if the geppy surged past 187 only to drop back down to 185.50. That'd make for a terrible joke.
  • #1,118
  • Dec 10, 2014 6:59am Dec 10, 2014 6:59am
Quoting Vermillion
It would make for a bad joke if the geppy surged past 187 only to drop back down to 185.50. That'd make for a terrible joke.
As long 75/55 holds, all fine for short term bulls.. same for long term bulls with 185.70/50
  • #1,119
  • Dec 10, 2014 7:00am Dec 10, 2014 7:00am
Quoting Vermillion
It would make for a bad joke if the geppy surged past 187 only to drop back down to 185.50. That'd make for a terrible joke.
Bad joke ... Great short!
Ghost Rider - WWTBMD?
  • #1,120
  • Dec 10, 2014 7:16am Dec 10, 2014 7:16am
Quoting FX-Ray
{quote} As long 75/55 holds, all fine for short term bulls.. same for long term bulls with 185.70/50
It's break or not? starting to fell nausea.
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