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Dragon Riders GBP/JPY

  • #1,801
  • Jan 6, 2015 6:42am Jan 6, 2015 6:42am
Quoting FX-Ray
{quote} 1.1875 is crucial imho, if it holds we may see some retracement or squeeze. Since its italian bank holiday I dont trade it today. Add: Everyone see it at parity, I dont trust it for now. Add(2): Check weekly for 1.1875
E/U struggles to test 1.1875, buying is taking place, whoever is buying, I mean I dont know anyway, right or wrong.
  • #1,802
  • Jan 6, 2015 6:48am Jan 6, 2015 6:48am
Quoting FX-Ray
{quote} E/U struggles to test 1.1875, buying is taking place, whoever is buying, I mean I dont know anyway, right or wrong.
This month is going to be crucial for EU, Jan 22 to Jan 30 I am expecting some strong moves, although I have lower levels in mind but you are right we might see some squeeze up but I don't think it is going to be a lot.

Add: GJ testing 180.90 again, lets see how it plays!
  • #1,803
  • Jan 6, 2015 6:49am Jan 6, 2015 6:49am
Quoting workingforex
{quote} This month is going to be crucial for EU, Jan 22 to Jan 30 I am expecting some strong moves, although I have lower levels in mind but you are right we might see some squeeze up but I don't think it is going to be a lot.
most of the times, strongest down moves come after equally strong up moves & vice versa.
  • #1,804
  • Jan 6, 2015 6:57am Jan 6, 2015 6:57am
Watch E/U, if this isnt buying, I know nothing. 1.1875 still untested.
  • #1,805
  • Jan 6, 2015 7:10am Jan 6, 2015 7:10am
Quoting FX-Ray
Watch E/U, if this isnt buying, I know nothing. 1.1875 still untested.
morning and a good morning it is

my GJ TP's orders got hit at 181.40 and now I am watching again. not really ready to buy GJ yet

how is EU going for ya?
  • #1,806
  • Jan 6, 2015 7:13am Jan 6, 2015 7:13am
Quoting AllyB
{quote} morning and a good morning it is my GJ TP's orders got hit at 180.40 and now I am watching again. not really ready to buy GJ yet how is EU going for ya?
morning ally, dont trade E/U today, dont trust the down moves. Am focused at G/J atm. Its fine so far, unfortunately 180.90/80 didnt hold for 181.60/50, well we still got the US session
  • #1,807
  • Jan 6, 2015 7:22am Jan 6, 2015 7:22am
Quoting FX-Ray
{quote} morning ally, dont trade E/U today, dont trust the down moves. Am focused at G/J atm. Its fine so far, unfortunately 180.90/80 didnt hold for 181.60/50, well we still got the US session
I'll wait for 180.90/80
  • #1,808
  • Jan 6, 2015 7:22am Jan 6, 2015 7:22am
Quoting FX-Ray
{quote} morning ally, dont trade E/U today, dont trust the down moves. Am focused at G/J atm. Its fine so far, unfortunately 180.90/80 didnt hold for 181.60/50, well we still got the US session
ok ... I edited my TP to 181.40 not 180.40 but my brain will start working here (I hope)

your right, EU is ugly again but may trying something in GU here
  • #1,809
  • Jan 6, 2015 7:25am Jan 6, 2015 7:25am
Quoting FX-Ray
This spike up at 35/30 were SLs, anyone seen that?
Yeah, noticed that too. I doubly noticed when quick upmove fell flat immediately after.

(sorry for late response).

BTW: I'm itching to long this (as you have), but I feel obliged to wait till today's momentum drains.
  • #1,810
  • Jan 6, 2015 7:27am Jan 6, 2015 7:27am
1.5150 may be a good place to buy GU
  • #1,811
  • Jan 6, 2015 7:29am Jan 6, 2015 7:29am
Quoting AllyB
{quote} ok ... I edited my TP to 181.40 not 180.40 but my brain will start working here (I hope) your right, EU is ugly again but may trying something in GU here
got 1.5100 here
  • #1,812
  • Jan 6, 2015 7:32am Jan 6, 2015 7:32am
Quoting davidkok
{quote} same here bro.. got caught the entire wave.. lol
Seeing how the bank algorithms have completely switched up it's my goal now to go for 10 pips a day to profit and minimize my exposure. That move to almost 190 maxed out on the MONTHLY chart and that was it, THE TOP. A monster rally is coming soon but until then the black boxes are selling every rally.
Be humble or be humbled.
  • #1,813
  • Jan 6, 2015 7:32am Jan 6, 2015 7:32am
Quoting Didgeridoo
{quote} Yeah, noticed that too. I doubly noticed when quick upmove fell flat immediately after. (sorry for late response). BTW: I'm itching to long this (as you have), but I feel obliged to wait till today's momentum drains.
wanna get in before momentum kicks in
  • #1,814
  • Jan 6, 2015 7:38am Jan 6, 2015 7:38am
Quoting FX-Ray
{quote} got 1.5100 here
yea I saw that but 5147 is an ass level so will stick with that
  • #1,815
  • Jan 6, 2015 7:39am Jan 6, 2015 7:39am
Quoting AllyB
{quote} yea I saw that but 5147 is an ass level so will stick with that
ah ok, forgot about them, gl
  • #1,816
  • Edited 8:05am Jan 6, 2015 7:49am | Edited 8:05am
Still no signs of hammers or dojis on 5 min. chart.. also no divergence.. bulls seem to be weak still..

Happy Trades
Focus only on what truly matters!
  • #1,817
  • Jan 6, 2015 7:50am Jan 6, 2015 7:50am
Quoting Ata-Turkoglu
Still no sings of hammers or dojis on 5 min. chart.. also no divergence.. bulls seem to be weak still.. Happy Trades
just bought 50ish again for a break of 180.90/80
  • #1,818
  • Jan 6, 2015 7:51am Jan 6, 2015 7:51am
Quoting FX-Ray
{quote} wanna get in before momentum kicks in
Good point.

I was more so meaning that I want to wait till this relentless downward momentum levels off slightly. Every upmove seems to be used as another s/t sell opportunity atm - imo.
  • #1,819
  • Jan 6, 2015 8:04am Jan 6, 2015 8:04am
Quoting FX-Ray
{quote} just bought 50ish again for a break of 180.90/80
That's a great entry for a potential upmove.
  • #1,820
  • Edited 8:08am Jan 6, 2015 8:06am | Edited 8:08am
Quoting Didgeridoo
{quote} That's a great entry for a potential upmove.
hourly unable to close below 65ish; look strong imho, if she's able to overcome 181.60/50 finally, optimal target 182.30/20
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