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Dragon Riders GBP/JPY

  • #1,901
  • Jan 7, 2015 7:37am Jan 7, 2015 7:37am
Quoting Mr. Scott
{quote} 1.1793, red from monthly {image}
Nice Scotty, how you doin mate?
  • #1,902
  • Jan 7, 2015 7:39am Jan 7, 2015 7:39am
Quoting FX-Ray
{quote} GL
Thanks Ray, short @ 180.44 now. Stock futures are bright green though and might have to escape at BE, we will see.
Be humble or be humbled.
  • #1,903
  • Jan 7, 2015 7:40am Jan 7, 2015 7:40am
Quoting FX-Ray
{quote} Nice Scotty, how you doin mate?
Thank you doing great, back from vacation. Hope Holidays were good for you. Looks like typical FOMC day so far.....
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,904
  • Jan 7, 2015 7:48am Jan 7, 2015 7:48am
Quoting Mr. Scott
{quote} Thank you doing great, back from vacation. Hope Holidays were good for you. Looks like typical FOMC day so far.....
It was great, thanks for asking. Yeah its probably is a typical FOMC day, probably get a new low.

Add: I wonder who bought 1.1820
  • #1,905
  • Jan 7, 2015 8:13am Jan 7, 2015 8:13am
Quoting FX-Ray
@AllyB Good morning, you got any downside targets for me? Cheers
and a good morning to you!

we are in no mans lady in both EU and GU as far as ass levels go. none of them go this low LOL so I am winging it.

looks like you got it covered though and lookin good

we got some wicked weather mover my way so time to get another cup of coffee and stay inside and warm

let me study my EU charts and see what I see
  • #1,906
  • Jan 7, 2015 8:19am Jan 7, 2015 8:19am
Quoting thegmann
I have pending longs on GBPJPY @ 178.850 and 177.000 these will be big time holds this is a monster retrace with pretty much no change in fundamentals I am viewing this as a GREAT chance to reload long for eventual move to 192+. Looking at the weekly chart a retrace as far south as 177 could be expected using the previous downward move from Sept-Oct of last year as a proxy. I will be looking to scale in with an initial position at 178.85 which coincides with the 50% fib retrace on both the daily and weekly charts. My second scale in will be at 177...
cmon GBPJPY drop a bit lower you can do it.
  • #1,907
  • Jan 7, 2015 8:20am Jan 7, 2015 8:20am
Quoting FX-Ray
{quote} It was great, thanks for asking. Yeah its probably is a typical FOMC day, probably get a new low. Add: I wonder who bought 1.1820
A test of 1.1800 is likely ... some talking about an options barrier.
Fix up, trade sharp ...
  • #1,908
  • Jan 7, 2015 8:25am Jan 7, 2015 8:25am
Quoting AllyB
{quote} and a good morning to you! we are in no mans lady in both EU and GU as far as ass levels go. none of them go this low LOL so I am winging it. looks like you got it covered though and lookin good we got some wicked weather mover my way so time to get another cup of coffee and stay inside and warm let me study my EU charts and see what I see
Ma'am yes Ma'am!
  • #1,909
  • Jan 7, 2015 8:32am Jan 7, 2015 8:32am
Closed, + 19 pips on the GJ short from 180.44. Should have stayed in, would have had + 40 instead. Patience, patience. It would be nice to hear some dovish USD talk with today's FOMC. Otherwise the Euro, Aussie and Pound are going through new floors.
Be humble or be humbled.
  • #1,910
  • Jan 7, 2015 8:33am Jan 7, 2015 8:33am
Quoting FX-Ray
{quote} Ma'am yes Ma'am!
ok ... my eyes says 1783 is a good support but wow price is so low right now and that level was tested before I started trading forex so should be interesting to watch.

I like 4964 on GU too
  • #1,911
  • Jan 7, 2015 8:37am Jan 7, 2015 8:37am
Quoting AllyB
{quote} ok ... my eyes says 1783 is a good support but wow price is so low right now and that level was tested before I started trading forex so should be interesting to watch. I like 4964 on GU too
thanks, am paying attention to 1.1828/26 and 1.1822
  • #1,912
  • Jan 7, 2015 8:41am Jan 7, 2015 8:41am
Poor Euro ...
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 14 KB
Fix up, trade sharp ...
  • #1,913
  • Jan 7, 2015 8:41am Jan 7, 2015 8:41am
Quoting Hickson
Poor Euro ... {image}
nice trade hicks, how did you enter?
  • #1,914
  • Jan 7, 2015 8:43am Jan 7, 2015 8:43am
Quoting FX-Ray
{quote} nice trade hicks, how did you enter?
Playing with some fibs of my master

Edit: Then also PA was ... I do not know ... it was just short lol ... G/U also down and down and down, and they are correlating a LOT.
Fix up, trade sharp ...
  • #1,915
  • Jan 7, 2015 8:44am Jan 7, 2015 8:44am
Long EUR/USD @ 118.12 for the FOMC meeting.
Be humble or be humbled.
  • #1,916
  • Jan 7, 2015 8:49am Jan 7, 2015 8:49am
Quoting Temujin
Long EUR/USD @ 118.12 for the FOMC meeting.
Looks like an idea, I also took profit because of heavy support levels coming in at my charts. Will reload higher.
Fix up, trade sharp ...
  • #1,917
  • Jan 7, 2015 8:53am Jan 7, 2015 8:53am
Quoting FX-Ray
{quote} thanks, am paying attention to 1.1828/26 and 1.1822
so your thinking that it will retrace from those levels?
  • #1,918
  • Jan 7, 2015 8:54am Jan 7, 2015 8:54am
Quoting Hickson
{quote} Looks like an idea, I also took profit because of heavy support levels coming in at my charts. Will reload higher.
By now it's oversold I think. The ECB is not going to announce QE until the 22nd. The selling will take a huge break here and then the coup de grace from Draghi.
Be humble or be humbled.
  • #1,919
  • Jan 7, 2015 8:56am Jan 7, 2015 8:56am
Quoting Temujin
{quote} By now it's oversold I think. The ECB is not going to announce QE until the 22nd. The selling will take a huge break here and then the coup de grace from Draghi.
Could be, but you know it is very dangerous to buy except scalping and/or very tight stops.
Fix up, trade sharp ...
  • #1,920
  • Jan 7, 2015 8:57am Jan 7, 2015 8:57am
Quoting AllyB
{quote} so your thinking that it will retrace from those levels?
jap, I got also higher ones but for 10 pips its fine..
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