Dragon Riders GBP/JPY | Page 273 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Enter The Dragon - GBP/JPY 2 replies

Info on the Borihei-Dragon Scalping System? 15 replies

The Dragon 441 replies

Scalping The Dragon 34 replies

***Dragon II*** 15 replies

Attachments: Dragon Riders GBP/JPY
Exit Attachments

Dragon Riders GBP/JPY

  • #5,441
  • Edited 11:01pm Mar 4, 2015 10:01pm | Edited 11:01pm
Quoting Tom_D_Trader
. Last 2 h1 candles seem clear, think this one decides.
Ok, Geppy UJ and Nikkei all H1 wannabe dojis wanna up. But it is still not shooting, perhaps it is because am looking, so gonna watch some movie (Japan anime Death note, to unite karma with Japanese ) and come for next h1 close.
Quoting Tom_D_Trader
This is for my patterns. https://www.youtube.com/watch?v=gJLIiF15wjQ
After an hour and two episodes:
UJ performs, EG bounce of bottom 7248 and GU broke support :/. GBP on sell, Geppy stuck. Dunno wtf Japans care about GBP. stop selling Sterling pls, appreciated.
"I know one thing, that I know nothing." Sokrates
  • #5,442
  • Mar 4, 2015 10:02pm Mar 4, 2015 10:02pm
im gonna add more short around 183.
  • #5,443
  • Mar 4, 2015 11:40pm Mar 4, 2015 11:40pm
Quoting raiders
im gonna add more short around 183.
I was hoping you'd say ok.....let;s go long....he he
you already got your 82.50.......I'm thinkin 'bout cha!!
hey Tom....remember he posted that level 4 trading days ahead, ( 182.50 ).....cool noob
now I remember....and I posted back that would fit into a week, maybe three days down as a market surprise and then up
  • #5,444
  • Mar 5, 2015 12:02am Mar 5, 2015 12:02am
I hope this GJ starts to move inside these minutes... it goes sideways like a crab.. this is not an abc wave or anything we know.. just an annoying abcdefghijklmnopqrstuvwxyz wave aarrgghhh
Focus only on what truly matters!
  • #5,445
  • Edited 12:26am Mar 5, 2015 12:14am | Edited 12:26am
Quoting Gbp/jpy
{quote} I was hoping you'd say ok.....let;s go long....he he you already got your 82.50.......I'm thinkin 'bout cha!! hey Tom....remember he posted that level 4 trading days ahead, ( 182.50 ).....cool noob now I remember....and I posted back that would fit into a week, maybe three days down as a market surprise and then up

after looking longer im thinking its got a little bit more to drop. not much more, just a bit more lol might be wrong and it will shoot up like i thought. if so, 1st target is 183.528 then 184.
might sit it out though cause ive got doubts

i like the gbpusd pairing more right now though. no reservations about that one. all european currencies are down this week against the usd. bound to reverse at some point. but im not sure that happens before fri


currently long usdjpy my target is 120.7
  • #5,446
  • Mar 5, 2015 12:15am Mar 5, 2015 12:15am
What's the view on the next GJ? Would it bounce up, or down after this down move?
  • #5,447
  • Edited 12:59am Mar 5, 2015 12:45am | Edited 12:59am
Quoting FX-Ray
{quote} Anyone traded U/J long? Add: 183.10/00 looks good, next probably 182.50/40, am off my desk, bbl
good morning,

done

Add: Still waiting for 181.80/70; Post #4948
  • #5,448
  • Mar 5, 2015 12:48am Mar 5, 2015 12:48am
i got a buy...it says 182.507 sl .33......looking for a correction or an impulse would be fun....
  • #5,449
  • Mar 5, 2015 12:52am Mar 5, 2015 12:52am
Morning team.

For once I got in on a move before it happened and have managed not to bail early.

182.5 now. My TP at Ray DP 182.1. Moving stops to lock in 20 pips profit, BOE interest rates in 5h.
  • #5,450
  • Mar 5, 2015 12:54am Mar 5, 2015 12:54am
We are nearing an hourly candle close.. move could slow down.. around XX:30 we then can go up.. 37 minutes coffee pause
Focus only on what truly matters!
  • #5,451
  • Mar 5, 2015 12:55am Mar 5, 2015 12:55am
Looking for Uj to turn down soon around here
  • #5,452
  • Mar 5, 2015 1:50am Mar 5, 2015 1:50am
Quoting pet
..well, that my view and trade, will see how it goes, either win or lose, I trade my trade, i take my losses as well as my profit 178.95 Position trading target, sell the euro/usd as well IMHO.. {image}

oh well, price arrived at the shaded area as anticipated on chart about an hour ago, confirming TP2 at 182.48 exciting times lies ahead. The bread was served and now the butter has been provided, everything that happens from now on this pair for the next two weeks atleast, will be like a well rehearsed script.

Watch price behavior at some particular points on chart to signal direction and then again where price would stop and reverse, sorry cant say no more but any interested parties should peruse my charts, they contain a lot, even I always refer back to them.

Happy trading
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1_TP2confirmation.png Size: 51 KB
  • #5,453
  • Mar 5, 2015 2:02am Mar 5, 2015 2:02am
Well I went long @ 182.54 and have TP @ 183.50 but it seems everyone is the selling end. Ironically I see a lot of ppl have TP @ these levels which could be in essence a buy order I just don't know if the buy side can get enough juice , maybe we get you sellers stops maybe. Jk
  • #5,454
  • Mar 5, 2015 2:05am Mar 5, 2015 2:05am
Quoting IveGotQuads
Well I went long @ 182.54 and have TP @ 183.50 but it seems everyone is the selling end. Ironically I see a lot of ppl have TP @ these levels which could be in essence a buy order I just don't know if the buy side can get enough juice , maybe we get you sellers stops maybe. Jk
Nice trade, was just watching it bounce off Rays' DP
PS what time u got over there quads? u most be trading in your pyjamas
used to be undecided but nowadays can't make my mind up
  • #5,455
  • Mar 5, 2015 2:09am Mar 5, 2015 2:09am
Quoting mrcreosote
{quote} Nice trade, was just watching it bounce off Rays' DP
Thanks, but as we all know anything can happen...I just like the idea of risk control better than actual trading.
  • #5,456
  • Mar 5, 2015 2:10am Mar 5, 2015 2:10am
Closed for plus 31 and back in short at .820
  • #5,457
  • Mar 5, 2015 2:15am Mar 5, 2015 2:15am
Quoting IveGotQuads
{quote} Thanks, but as we all know anything can happen...I just like the idea of risk control better than actual trading.
concur with the risk control
not convinced 'anything can happen', black swan events are actually extremely rare
I actually believe in history rhyming rather then totally repeating itself (mainly due to human stupidity lol), mind you there was a gorgeous full moon out last night where I live
Resistance at day's high?
used to be undecided but nowadays can't make my mind up
  • #5,458
  • Mar 5, 2015 3:01am Mar 5, 2015 3:01am
Quoting mrcreosote
Nice trade, was just watching it bounce off Rays' DP PS what time u got over there quads? u most be trading in your pyjamas
Quoting IveGotQuads
{quote} Thanks, but as we all know anything can happen...I just like the idea of risk control better than actual trading.
Takin' some profits. Quads nice to see you buddy (chart m5)
Attached Image (click to enlarge)
Click to Enlarge Name: takin.png Size: 18 KB
  • #5,459
  • Mar 5, 2015 3:02am Mar 5, 2015 3:02am
if she's unable to take out 183.10/00 (resistance) + break of DP 182.50/40, next DP 181.80/70
  • #5,460
  • Mar 5, 2015 3:05am Mar 5, 2015 3:05am
Anyway 185.85 minor resistance
4 traders viewing now