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Dragon Riders GBP/JPY

  • #5,021
  • Mar 2, 2015 6:04am Mar 2, 2015 6:04am
Yeah needs to break through that .382 low. Ill be happy to take some off around here soon

Update: took off for 1:5 gain. Could go lower but im happy with that move for sure
  • #5,022
  • Mar 2, 2015 6:05am Mar 2, 2015 6:05am
Quoting Mpt
{quote} When it breaks there it usually does so with force
Yeah lets hope so, looks great so far, if she's able to sustain below 45/35ish I go for 184 otherwise I take some
  • #5,023
  • Mar 2, 2015 6:09am Mar 2, 2015 6:09am
E/U retraced into 25; if thats current low of temp high 1.1235 we should see continuation there.
  • #5,024
  • Mar 2, 2015 6:12am Mar 2, 2015 6:12am
Quoting mello87
Yeah needs to break through that .382 low. Ill be happy to take some off around here soon Update: took off for 1:5 gain. Could go lower but im happy with that move for sure
great trading
  • #5,025
  • Mar 2, 2015 6:19am Mar 2, 2015 6:19am
Quoting FX-Ray
{quote} great trading

Cheers Trying to learn to hold trades longer. Always tempting to click that cross and take whats there. Getting there slowly lol
  • #5,026
  • Mar 2, 2015 6:22am Mar 2, 2015 6:22am
Quoting FX-Ray
E/U retraced into 25; if thats current low of temp high 1.1235 we should see continuation there.
there we go
  • #5,027
  • Mar 2, 2015 6:24am Mar 2, 2015 6:24am
Quoting mello87
{quote} Cheers Trying to learn to hold trades longer. Always tempting to click that cross and take whats there. Getting there slowly lol
I learned that when I was able to ignore the 'candle dance hypnosis' + taking partials and focus on DPs.
Add: 45 positive
  • #5,028
  • Mar 2, 2015 6:28am Mar 2, 2015 6:28am
looking for where to enter long
  • #5,029
  • Edited 6:32am Mar 2, 2015 6:29am | Edited 6:32am
Quoting FX-Ray
{quote} Yeah lets hope so, looks great so far, if she's able to sustain below 45/35ish I go for 184 otherwise I take some
I go for 184 with Post #5016 in mind.
  • #5,030
  • Mar 2, 2015 6:33am Mar 2, 2015 6:33am
Quoting edyraper
looking for where to enter long
E/U or G/J?
  • #5,031
  • Mar 2, 2015 6:34am Mar 2, 2015 6:34am
Quoting edyraper
looking for where to enter long
Ray's chart suggests 184.0 is the next level to watch. You'll notice a huge range of support at that level from last week as well.
  • #5,032
  • Mar 2, 2015 6:34am Mar 2, 2015 6:34am
Quoting FX-Ray
{quote} E/U or G/J?
GBPJPY ,
  • #5,033
  • Mar 2, 2015 6:36am Mar 2, 2015 6:36am
Quoting edyraper
GBPJPY ,
wait for 184.00/83.90 or 183.70/60; dont buy into the falling knife yet

Quoting anima999
Ray's chart suggests 184.0 is the next level to watch. You'll notice a huge range of support at that level from last week as well.
Jap, 45/35 need to hold as resistance though
  • #5,034
  • Mar 2, 2015 6:39am Mar 2, 2015 6:39am
Off for lunch + appointment with doc bbl
  • #5,035
  • Mar 2, 2015 6:49am Mar 2, 2015 6:49am
Quoting FX-Ray
{quote} wait for 184.00/83.90 or 183.70/60; dont buy into the falling knife yet {quote} Jap, 45/35 need to hold as resistance though
thanks a lot , im holding a buy limit on 183.505 lets see maybe move it higher
  • #5,036
  • Mar 2, 2015 6:55am Mar 2, 2015 6:55am
Quoting edyraper
{quote} thanks a lot , im holding a buy limit on 183.505 lets see maybe move it higher
The last two drops from this level over the past week have touched 183.6.
I've got a price alert at 184.0 where I'll look at PA before assessing a long.
  • #5,037
  • Mar 2, 2015 6:58am Mar 2, 2015 6:58am
If the monthly candle from January 2006 really repeats itself this area is the place where the drop could stop and we rally up again approx 250 to 300 pips...

Let's see..
Focus only on what truly matters!
  • #5,038
  • Mar 2, 2015 6:59am Mar 2, 2015 6:59am
Quoting FX-Ray
{quote} wait for 184.00/83.90 or 183.70/60; dont buy into the falling knife yet {quote} Jap, 45/35 need to hold as resistance though
Yeah personally going to be waiting for the 183.70/.60 level for a long. Possible small long scalps from 184.000 if theres no momentum through this BRN
  • #5,039
  • Mar 2, 2015 7:00am Mar 2, 2015 7:00am
Quoting Ata-Turkoglu
If the monthly candle from January 2006 really repeats itself this area is the place where the drop could stop and we rally up again approx 250 to 300 pips... Let's see..
Maybe the non farms on friday will be the catalyst.

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  • #5,040
  • Mar 2, 2015 7:02am Mar 2, 2015 7:02am
Taking partials at 184/139.90 and reloading a bit higher with the bounce.

Hey, I'll squeeze all the extra pips I can get.

Would be best to get it at around the 100% retracement at 183.70/60, but it tends to have a bounce around halway between the 100% and the 61.8%
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