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Dragon Riders GBP/JPY

  • #2,421
  • Jan 13, 2015 6:45am Jan 13, 2015 6:45am
Quoting FX-Ray
{quote} Dont catch a dead cat bounce
Might be worth a try if it goes to 80 ish with very tight SL.
Fix up, trade sharp ...
  • #2,422
  • Jan 13, 2015 6:47am Jan 13, 2015 6:47am
possible scenario
Attached Image (click to enlarge)
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  • #2,423
  • Jan 13, 2015 6:48am Jan 13, 2015 6:48am
Quoting Hickson
{quote} Might be worth a try if it goes to 80 ish with very tight SL.
sure give it a try but bail out as soon as you dont see its running in the way you want it to go, minimize risk.
  • #2,424
  • Jan 13, 2015 6:50am Jan 13, 2015 6:50am
Quoting FX-Ray
E/U: if it keeps going, target recent daily lows @ 1.1786, 1.1763 and 1.1754
Probably next
  • #2,425
  • Jan 13, 2015 6:51am Jan 13, 2015 6:51am
Quoting FX-Ray
{quote} sure give it a try but bail out as soon as you dont see its running in the way you want it to go, minimize risk.
Filled, if not up now S/O for 6.
Fix up, trade sharp ...
  • #2,426
  • Jan 13, 2015 6:52am Jan 13, 2015 6:52am
Quoting FX-Ray
possible scenario {image}
m5, d1
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  • #2,427
  • Jan 13, 2015 6:53am Jan 13, 2015 6:53am
Quoting FX-Ray
{quote} m5, d1 {image}
I have discovered the same on U/J but I think before the daily closes it is too early to tell ...
Fix up, trade sharp ...
  • #2,428
  • Jan 13, 2015 6:55am Jan 13, 2015 6:55am
Quoting Hickson
{quote} I have discovered the same on U/J but I think before the daily closes it is too early to tell ...
I wont buy high anyway, I wait for a decline.
  • #2,429
  • Jan 13, 2015 6:56am Jan 13, 2015 6:56am
Quoting FX-Ray
{quote} I wont buy high anyway, I wait for a decline.
yep if it makes a hh wait for HL and then buy. But I am pretty sure it will swing low again, its losing momentum and almost reached daily high
  • #2,430
  • Jan 13, 2015 6:57am Jan 13, 2015 6:57am
Quoting FX-Ray
{quote} I wont buy high anyway, I wait for a decline.
I had the luck to get it from the daily low this morning for 50 + but took profit earlier because 118.66 was rejected several times. If this breaks I can still go long again with stops under this.
Fix up, trade sharp ...
  • #2,431
  • Jan 13, 2015 7:05am Jan 13, 2015 7:05am
Quoting FX-Ray
{quote} m5, d1 {image}
its funny negative CPI pushed it into that area and rejected it immediatly.
  • #2,432
  • Jan 13, 2015 7:09am Jan 13, 2015 7:09am
Move my little, weak friend ... you need retracement

Edit: Out + 1 LOL. It might make a lower low first haha
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Fix up, trade sharp ...
  • #2,433
  • Jan 13, 2015 7:09am Jan 13, 2015 7:09am
Quoting Hickson
Move my little, weak friend ... you need retracement {image}
got 91 & 98, watch those

Add: Nice trade
  • #2,434
  • Jan 13, 2015 7:11am Jan 13, 2015 7:11am
Quoting FX-Ray
{quote} got 91 & 98, watch those Add: Nice trade
Thanks, more luck then wisdom if it works. It needs to get above 1.1800 quickly though.
Fix up, trade sharp ...
  • #2,435
  • Jan 13, 2015 7:13am Jan 13, 2015 7:13am
Quoting Hickson
{quote} Thanks, more luck then wisdom if it works. It needs to get above 1.1800 quickly though.
Agreed, tickchart tells me selling pressure. Be careful.

Add: hope you watched 91..
  • #2,436
  • Jan 13, 2015 7:19am Jan 13, 2015 7:19am
Quoting Hickson
{quote} Thanks, more luck then wisdom if it works. It needs to get above 1.1800 quickly though.
some shorts stuck between 82/78; may see a little retracement now
  • #2,437
  • Jan 13, 2015 7:19am Jan 13, 2015 7:19am
Quoting FX-Ray
{quote} Agreed, tickchart tells me selling pressure. Be careful. Add: hope you watched 91..
It was sold immediately ...
Fix up, trade sharp ...
  • #2,438
  • Jan 13, 2015 7:21am Jan 13, 2015 7:21am
Quoting Hickson
{quote} It was sold immediately ...
Thats why I told you mate.. I kinda felt it. You should have cashed in.
  • #2,439
  • Jan 13, 2015 7:24am Jan 13, 2015 7:24am
Quoting FX-Ray
{quote} some shorts stuck between 82/78; may see a little retracement now
bought short covering @ 82; SL tight, try to go for 93
  • #2,440
  • Jan 13, 2015 7:27am Jan 13, 2015 7:27am
Quoting FX-Ray
{quote} bought short covering @ 82; SL tight, try to go for 93
Yes, but I was not sure about cashing it, just made sure it would not be a loss. I have 1.17775 for longs now. If not filled I wait.
Fix up, trade sharp ...
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