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Dragon Riders GBP/JPY

  • #4,421
  • Feb 20, 2015 9:56am Feb 20, 2015 9:56am
Quoting Ata-Turkoglu
Days like this I don't understand what the market is trying to do.. traders seem to run up and down like silly sheeps who don't know where to run.. is there a wolf chasing the GJ traders?
All the xxx/jpys I have on the platform pretty much just did the same,,,, maybe BOJ trying to rattle us? This has been trying to say the least, I stopped intraday trading earlier this week and moved out longer, intraday was driving me to abuse my computer with the 2 steps forward and 3 back over and over nonsense.
  • #4,422
  • Feb 20, 2015 9:58am Feb 20, 2015 9:58am
Well, I guess tping at 182.00 from a 182.50 short turned out to be a sound investment. I'll take a small short at 183. optimal TP 180, Initial target at 181.70, 181.00. SL at a marked penetration above 183.40 (so 183.60-ish). Might leave early if bear trend is dying off.

As for 184 short from yesterday's highs....I'll leave it at 183.80 for now for SL.

Quoting FX-Ray
{quote} thats a shakeout, we are above 50/40; if its gets below it it should continue to the low, dont know if today, otherwise 183.60/40 is next
The gospel has spoken. Follow him or suffer eternal financial damnation.
  • #4,423
  • Feb 20, 2015 9:58am Feb 20, 2015 9:58am
Quoting FX-Ray
{quote} if 70/60 holds its going down again
It really depends on the movement here, I went short again with a tight stop, probably last trade for today.
Fix up, trade sharp ...
  • #4,424
  • Feb 20, 2015 10:01am Feb 20, 2015 10:01am
M15 wicks on both GU and GJ simultaneously hit last weeks closes!!! There is some weird sh!t going down today :nerd:
All aboard for the ride down again, toot toot
used to be undecided but nowadays can't make my mind up
  • #4,425
  • Feb 20, 2015 10:03am Feb 20, 2015 10:03am
Quoting mrcreosote
M15 wicks on both GU and GJ simultaneously hit last weeks closes!!! There is some weird sh!t going down today :nerd: All aboard for the ride down again, toot toot
Hi mrcreosote, how are the gurus doing in EU thread?
Fix up, trade sharp ...
  • #4,426
  • Edited 10:17am Feb 20, 2015 10:05am | Edited 10:17am
Quoting Vermillion
Well, I guess tping at 182.00 from a 182.50 short turned out to be a sound investment. I'll take a small short at 183. optimal TP 180, Initial target at 181.70, 181.00. SL at a marked penetration above 183.40 (so 183.60-ish). Might leave early if bear trend is dying off. As for 184 short from yesterday's highs....I'll leave it at 183.80 for now for SL.
10-4.....it went bearish on the 15M just below 183.00......

that Euro......set to fall.....whenever Greece makes up their mind.....looking for a further level to get hit
  • #4,427
  • Feb 20, 2015 10:06am Feb 20, 2015 10:06am
hope to see 179 for long again , still holding long from 182,50
  • #4,428
  • Feb 20, 2015 10:06am Feb 20, 2015 10:06am
Quoting FX-Ray
{quote} {quote} so far so good {image}
Attached Image (click to enlarge)
Click to Enlarge Name: lol2.png Size: 30 KB
  • #4,429
  • Feb 20, 2015 10:06am Feb 20, 2015 10:06am
Quoting FX-Ray
{quote} thats a shakeout, we are above 50/40; if its gets below it it should continue to the low, dont know if today, otherwise 183.60/40 is next
a bit too obvious , same game again, if 50/40 resistance, see you at the lows.
  • #4,430
  • Feb 20, 2015 10:07am Feb 20, 2015 10:07am
Quoting FX-Ray
{quote} 181.70/50 was expected: http://www.forexfactory.com/showthre...96#post8083796
I was expecting 180.90.. didn't understand the sudden upwards move.. GJ has these silly sudden moves.. and also I hate it whenever it seem like it will rally after a nice candle it stucks and waits and hesitates and waits and stops and can't decide where to go... should I fall more no I better go up no no I better fall but then it is better I go long.. or.... and... if.. ummm... welcome to the world of GJ..
Focus only on what truly matters!
  • #4,431
  • Feb 20, 2015 10:10am Feb 20, 2015 10:10am
Quoting Hickson
{quote} Hi mrcreosote, how are the gurus doing in EU thread?
Dude, that place is bad for my sanity......must repeat x10 every morning 'keep out of the EU thread, keep out of the EU thread......'
Ich bin dumbkopf, ich habe die rose hose......
used to be undecided but nowadays can't make my mind up
  • #4,432
  • Feb 20, 2015 10:10am Feb 20, 2015 10:10am
Quoting Ata-Turkoglu
{quote} I was expecting 180.90.. didn't understand the sudden upwards move.. GJ has these silly sudden moves.. and also I hate it whenever it seem like it will rally after a nice candle it stucks and waits and hesitates and waits and stops and can't decide where to go... should I fall more no I better go up no no I better fall but then it is better I go long.. or.... and... if.. ummm... welcome to the world of GJ..
look at GU and UJ
Fix up, trade sharp ...
  • #4,433
  • Feb 20, 2015 10:10am Feb 20, 2015 10:10am
Quoting js5020
{quote} All the xxx/jpys I have on the platform pretty much just did the same,,,, maybe BOJ trying to rattle us? This has been trying to say the least, I stopped intraday trading earlier this week and moved out longer, intraday was driving me to abuse my computer with the 2 steps forward and 3 back over and over nonsense.
I usually don't sit and watch or babysit charts.. but today I wanted to see how it flows on 5 min.. and it can be depressing.. don't recommend to watch GJ pair.. just set your trade up and leave.. really annoying pair...
Focus only on what truly matters!
  • #4,434
  • Feb 20, 2015 10:11am Feb 20, 2015 10:11am
Quoting mrcreosote
{quote} Dude, that place is bad for my sanity......must repeat x10 every morning 'keep out of the EU thread, keep out of the EU thread......' Ich bin dumbkopf, ich habe die rose hose......
WTF?
Fix up, trade sharp ...
  • #4,435
  • Feb 20, 2015 10:11am Feb 20, 2015 10:11am
Quoting Ata-Turkoglu
{quote} I usually don't sit and watch or babysit charts.. but today I wanted to see how it flows on 5 min.. and it can be depressing.. don't recommend to watch GJ pair.. just set your trade up and leave.. really annoying pair...
Opposite here
  • #4,436
  • Feb 20, 2015 10:12am Feb 20, 2015 10:12am
Quoting Ata-Turkoglu
{quote} I was expecting 180.90.. didn't understand the sudden upwards move.. GJ has these silly sudden moves.. and also I hate it whenever it seem like it will rally after a nice candle it stucks and waits and hesitates and waits and stops and can't decide where to go... should I fall more no I better go up no no I better fall but then it is better I go long.. or.... and... if.. ummm... welcome to the world of GJ..
Wait for next week? It's new lunar year, so asian markets can be a bit weirder than usual. China's bank is currently AFK right now for the week, even.

Don't know if this helps, but for me, unless we reprint 184, I'm gunning for 181/180.90
  • #4,437
  • Feb 20, 2015 10:15am Feb 20, 2015 10:15am
Quoting FX-Ray
{quote} {image}
Meanwhile we were in that blue zone again! Taken a lil short there with tight stop.
Attached Image (click to enlarge)
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  • #4,438
  • Feb 20, 2015 10:17am Feb 20, 2015 10:17am
Quoting Vermillion
{quote} Wait for next week? It's new lunar year, so asian markets can be a bit weirder than usual. China's bank is currently AFK right now for the week, even. Don't know if this helps, but for me, unless we reprint 184, I'm gunning for 181/180.90
On 4H chart there is a bear candle from 12 february with a long tail.. that is a big problem to overcome if GJ wants to go lower.. but sooner or later it will.. 1H is already below cloud.. I believe 4H will soon (with lots of confusing up and downs) beat this zone between 182.30 to 181.07 and can continue to fall.. the daily chart already has a red cloud as I mentioned days ago. Bias is bearish.. but again these sudden upwards moves kill my fun.. but anyway.. not hurt so far, only have that annoyed feeling..

Happy Trades
Focus only on what truly matters!
  • #4,439
  • Feb 20, 2015 10:18am Feb 20, 2015 10:18am
Quoting workingforex
{quote} Meanwhile we were in that blue zone again! Taken a lil short there with tight stop. {image}
  • #4,440
  • Feb 20, 2015 10:38am Feb 20, 2015 10:38am
Its 5:40pm here soon, my time is over, great week, hope you also had a great one, enjoy your weekend , im out, until next week

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