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Dragon Riders GBP/JPY

  • #2,401
  • Jan 13, 2015 4:23am Jan 13, 2015 4:23am
Quoting Hickson
Can Yen break 118.66 now If yes, I hold. If not I take profit. Ok, no more Tricks Yen! I took it. Profit is profit!
Nice job
  • #2,402
  • Jan 13, 2015 4:25am Jan 13, 2015 4:25am
Quoting FX-Ray
{quote} Nice job
If this goes to 120.5 I will be like: "Meh!" again lol ... but if this stops me out BE I guess it would be even more like "Meh!" instead of taking 50 + pips here.
Fix up, trade sharp ...
  • #2,403
  • Jan 13, 2015 4:28am Jan 13, 2015 4:28am
Quoting Hickson
{quote} If this goes to 120.5 I will be like: "Meh!" again lol ... but if this stops me out BE I guess it would be even more like "Meh!" instead of taking 50 + pips here.
Yeah both is 'meh', so its irrelevant.
  • #2,404
  • Jan 13, 2015 4:28am Jan 13, 2015 4:28am
G/J probably next 178.55/45
  • #2,405
  • Jan 13, 2015 4:38am Jan 13, 2015 4:38am
E/U added 1.1802
Attached Image (click to enlarge)
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  • #2,406
  • Jan 13, 2015 4:40am Jan 13, 2015 4:40am
She's oscillating around DP 179.10/00; G/J flat for now.
  • #2,407
  • Jan 13, 2015 4:43am Jan 13, 2015 4:43am
Quoting FX-Ray
She's oscillating around DP 179.10/00; G/J flat for now.
It's essentially also not lowering - in an uptrend (ie. it seems more a buy than sell IMO)

But, you are right, dude. Right now, it's just being sucked back to "gravity".
  • #2,408
  • Jan 13, 2015 4:46am Jan 13, 2015 4:46am
Quoting Didgeridoo
{quote} It's essentially also not lowering - in an uptrend (ie. it seems more a buy than sell IMO) But, you are right, dude. Right now, it's just being sucked back to "gravity".
Yeah its important to know when to stay on the sidelines, she wont run away
  • #2,409
  • Jan 13, 2015 4:56am Jan 13, 2015 4:56am
Quoting FX-Ray
{quote} Yeah its important to know when to stay on the sidelines, she wont run away
True.

There are s/t opportunities, but seems to be essential to trade into the given range, from the peripheries.
  • #2,410
  • Jan 13, 2015 4:57am Jan 13, 2015 4:57am
Quoting workingforex
{quote} Been all right buddy, hope trading is treating you well.
It is still going through hell on some days like yesterday. The thing is to pull up again and finally make it. The more I look at the charts the more I suddenly have some intuition that turns out to be right. But I still have to filter this from emotions leading me wrong.

Reading parts of "Trading for a living" earlier. Alexander Elder has a ritual saying to himself in the morning: "I am a loser. I have it in me to do serious damage to my account." While it is interesting if this gives one a bad attitude, it seems to work for him, giving a humble view on the markets and making you cautious. On the other hand, it is still hard to accept the fact sometimes that the market owes me nothing. The market is just there, it does not want to hurt me nor benefit me. It will still be there when I am long gone. Only fully accepting this and acting adequately without thinking about the money - even though it is important for me as an individual - will bring success long term I think.
Fix up, trade sharp ...
  • #2,411
  • Jan 13, 2015 6:01am Jan 13, 2015 6:01am
Quoting FX-Ray
Looks like of another test of DP 179.10/00; if it becomes support we may see a squeeze to 179.75/65
Done
  • #2,412
  • Jan 13, 2015 6:04am Jan 13, 2015 6:04am
Quoting Hickson
{quote} It is still going through hell on some days like yesterday. The thing is to pull up again and finally make it. The more I look at the charts the more I suddenly have some intuition that turns out to be right. But I still have to filter this from emotions leading me wrong. Reading parts of "Trading for a living" earlier. Alexander Elder has a ritual saying to himself in the morning: "I am a loser. I have it in me to do serious damage to my account." While it is interesting if this gives one a bad attitude, it seems to work for him, giving...
Its about what works for you, for me works "dont lose money". Whatever is working for you, do it, really doesnt matter if it doesnt work for me or anyone else. Its all in your head. Anyway, nice post.
  • #2,413
  • Jan 13, 2015 6:08am Jan 13, 2015 6:08am
G/J short 179.75/65 (halfway; 50% of DPs)

Optimal target for me 178.00; if 179.10/00 gets taken out and becomes resistance
Attached Image (click to enlarge)
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  • #2,414
  • Jan 13, 2015 6:17am Jan 13, 2015 6:17am
Quoting FX-Ray
G/J short 179.75/65 (halfway; 50% of DPs) Optimal target for me 178.00; if 179.10/00 gets taken out and becomes resistance {image}
im out and wait for a test
  • #2,415
  • Jan 13, 2015 6:23am Jan 13, 2015 6:23am
Quoting FX-Ray
{quote} im out and wait for a test
if 179.75/65 support next 180.40/30
  • #2,416
  • Jan 13, 2015 6:28am Jan 13, 2015 6:28am
Quoting Hickson
{quote} It is still going through hell on some days like yesterday. The thing is to pull up again and finally make it. The more I look at the charts the more I suddenly have some intuition that turns out to be right. But I still have to filter this from emotions leading me wrong. Reading parts of "Trading for a living" earlier. Alexander Elder has a ritual saying to himself in the morning: "I am a loser. I have it in me to do serious damage to my account." While it is interesting if this gives one a bad attitude, it seems to work for him, giving...
I think you have all the ingredients to make it my friend - just to add having no ego and humble attitude towards things will definitely take you a long way.


Quoting FX-Ray
{quote} Its about what works for you, for me works "dont lose money". Whatever is working for you, do it, really doesnt matter if it doesnt work for me or anyone else. Its all in your head. Anyway, nice post.
As always right on the spot, well said my friend!
  • #2,417
  • Jan 13, 2015 6:35am Jan 13, 2015 6:35am
Quoting FX-Ray
{quote} Locking profit and go for recent daily low @ 1.1786
Yesterdays low 1.1786 printed. taking partials
Attached Image
  • #2,418
  • Jan 13, 2015 6:37am Jan 13, 2015 6:37am
EU: Looking for a bounce here.
Fix up, trade sharp ...
  • #2,419
  • Jan 13, 2015 6:38am Jan 13, 2015 6:38am
Quoting Hickson
EU: Looking for a bounce here.
Dont catch a dead cat bounce
  • #2,420
  • Jan 13, 2015 6:40am Jan 13, 2015 6:40am
It might make a HH in which case I wouldn't go short, its almost at daily high and on my chart its floating the ichi cloud, but it looks like another swing low.
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