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Dragon Riders GBP/JPY

  • #2,301
  • Jan 12, 2015 11:46pm Jan 12, 2015 11:46pm
+30
  • #2,302
  • Jan 12, 2015 11:46pm Jan 12, 2015 11:46pm
Quoting Sants
{quote} yes, the DP was 179.1/0, im aware of that too. but, support trendline has formed and by my humble and innocent view, 179.1 will be easily broke till 178.7. 177 is an optimum target, but i will exit some time if market doesnt go as my favour
Sounds good, im very careful with trendlines, in other words: I dont use them
  • #2,303
  • Jan 12, 2015 11:50pm Jan 12, 2015 11:50pm
DP 179.10/00 printed again, decision time.
  • #2,304
  • Jan 12, 2015 11:50pm Jan 12, 2015 11:50pm
Im +40 no need to exit yet
  • #2,305
  • Jan 12, 2015 11:51pm Jan 12, 2015 11:51pm
Quoting slayeruk
+30
freezing
  • #2,306
  • Jan 12, 2015 11:51pm Jan 12, 2015 11:51pm
Quoting Hickson
{quote} Morning! These traders are getting younger and younger ^^
i mean from campus still learning from many threads, hope i can make it as a trader

Quoting FX-Ray
{quote} Sounds good, im very careful with trendlines, in other words: I dont use them
aye, captain!
  • #2,307
  • Jan 12, 2015 11:54pm Jan 12, 2015 11:54pm
Quoting FX-Ray
DP 179.10/00 printed again, decision time.
may i know how are you measure the 179.10/00? by fibs, i got the DP as 178.9x/179.2 too wide
  • #2,308
  • Jan 12, 2015 11:57pm Jan 12, 2015 11:57pm
Nice. 100 Pip round trip in just a few hours, on no particular news. Made a few percent, but man, don't know if it was worth it. I broke some rules on that trade because I new the market makers were going on a massive stop hunt and didn't want to give it to them. Don't like the pain of being negative. Even though I made money, it was a bad trade, and I was lucky. Profitable, but a bad trade in just about every way possible (except for not losing money).
  • #2,309
  • Jan 12, 2015 11:57pm Jan 12, 2015 11:57pm
Quoting Sants
{quote} i mean from campus still learning from many threads, hope i can make it as a trader {quote} aye, captain!
Alright, good luck then! It is good to discover this already while studying ... I was learning chess, also good
Fix up, trade sharp ...
  • #2,310
  • Jan 13, 2015 12:07am Jan 13, 2015 12:07am
Quoting Sants
{quote} may i know how are you measure the 179.10/00? by fibs, i got the DP as 178.9x/179.2 too wide
I measure it statistically, I dont use fibs though..

If you get wide levels do following: (178.90 + 179.20)/2 = 179.05; now add 5 or 10 pips for example:

179.05 + 0,05 = 179.10 (a)
179.05 - 0,05 = 179.00 (b)

brought together 179.10/00
  • #2,311
  • Jan 13, 2015 12:10am Jan 13, 2015 12:10am
Quoting FX-Ray
{quote} I measure it statistically, I dont use fibs though.. If you get wide levels do following: (178.90 + 179.20)/2 = 179.05; now add 5 or 10 pips for example: 179.05 + 0,05 = 179.10 (a) 179.05 - 0,05 = 179.00 (b) brought together 179.10/00
whats your take on this??
Attached Image (click to enlarge)
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  • #2,312
  • Jan 13, 2015 12:10am Jan 13, 2015 12:10am
open shorts be careful, bounced at DP 179.10/00
  • #2,313
  • Jan 13, 2015 12:13am Jan 13, 2015 12:13am
I think it will go lower than 178 but it might take all day, its still got plenty of room till reaching the daily low. I could be wrong but I exited for +40 anyway to be safe.
  • #2,314
  • Jan 13, 2015 12:15am Jan 13, 2015 12:15am
Quoting melvinlimmy
{quote} whats your take on this?? {image}
His recommendation is to buy 179.50 and it almost traded close to the SL, just watch your chart and judge yourself and indicators...run away.

Anyway I think this.
  • #2,315
  • Jan 13, 2015 12:15am Jan 13, 2015 12:15am
Quoting FX-Ray
{quote} I measure it statistically, I dont use fibs though.. If you get wide levels do following: (178.90 + 179.20)/2 = 179.05; now add 5 or 10 pips for example: 179.05 + 0,05 = 179.10 (a) 179.05 - 0,05 = 179.00 (b) brought together 179.10/00
I do not want to show a lack of discretion here, but do you not calculate the pivot of every hourly candle?
Fix up, trade sharp ...
  • #2,316
  • Jan 13, 2015 12:16am Jan 13, 2015 12:16am
Quoting FX-Ray
{quote} I measure it statistically, I dont use fibs though.. If you get wide levels do following: (178.90 + 179.20)/2 = 179.05; now add 5 or 10 pips for example: 179.05 + 0,05 = 179.10 (a) 179.05 - 0,05 = 179.00 (b) brought together 179.10/00
wow, i cant believe my levels are almost the same with you but half raw, really proud after i got 179.05, i add another 5/10 pips and decrease it with another 5/10 as well to make it more tight?

Quoting FX-Ray
open shorts be careful, bounced at DP 179.10/00
S/O, got reminded by your DP 179.1/0
  • #2,317
  • Edited 12:29am Jan 13, 2015 12:17am | Edited 12:29am
Quoting Hickson
{quote} I do not want to show a lack of discretion here, but do you not calculate the pivot of every hourly candle?
Feel free here Hicks I dont use Pivots nor Fibs

Add: Information of one hour is useless anyway.
Add(2): you probably got wrong informations there
  • #2,318
  • Jan 13, 2015 12:24am Jan 13, 2015 12:24am
watch 179.10/00 working

Inserted Video
  • #2,319
  • Jan 13, 2015 12:28am Jan 13, 2015 12:28am
E/U still running, rejected 52
  • #2,320
  • Jan 13, 2015 12:31am Jan 13, 2015 12:31am
Quoting FX-Ray
E/U still running, rejected 52
thinking of bounce at 1820 till 1871
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