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Dragon Riders GBP/JPY

  • #6,341
  • Mar 9, 2015 11:25am Mar 9, 2015 11:25am
Quoting FX-Ray
{quote} I opened 3 positions, I already took profit of 2 of them, means I already closed 2/3 of my whole position and as long as I dont know if DP 183.10/00 is support or resistance I wont touch my SL yet.
So 183.10/00 just became support?
Edit: actually I'd be tempted to short up here lol
used to be undecided but nowadays can't make my mind up
  • #6,342
  • Mar 9, 2015 11:29am Mar 9, 2015 11:29am
Quoting FX-Ray
{quote} I posted that level last week, it was my target of my short off 184.95 + I want to go long there. I got stopped out once friday, but got a great chance today.
Can you illustrate the reason for going long again since you got stopped out and going long again in spite of "a long signal s/o" is a buy signal?
Fix up, trade sharp ...
  • #6,343
  • Mar 9, 2015 11:32am Mar 9, 2015 11:32am
Quoting Hickson
{quote} Can you illustrate the reason for going long again since you got stopped out and going long again in spite of "a long signal s/o" is a buy signal?
It was friday evening and I shouldnt have take that trade in the first place and in doubt I have one rule "wait one day"; this holds me back of overtrading.
  • #6,344
  • Mar 9, 2015 11:33am Mar 9, 2015 11:33am
DP 183.10/00 looks strong to me; next probably DP 183.70/60*

*typo corrected
  • #6,345
  • Mar 9, 2015 11:35am Mar 9, 2015 11:35am
Quoting FX-Ray
{quote} It was friday evening and I shouldnt have take that trade in the first place and in doubt I have one rule "wait one day"; this holds me back of overtrading.
Yeah, I hate taking positions on late Friday ... makes almost no sense to me, especially with gaps and stuff ...
Fix up, trade sharp ...
  • #6,346
  • Mar 9, 2015 11:36am Mar 9, 2015 11:36am
Quoting FX-Ray
DP 183.10/00 looks strong to me; next probably DP 183.70/60* *typo corrected
So I was right, it became support, I'm getting good!
used to be undecided but nowadays can't make my mind up
  • #6,347
  • Mar 9, 2015 11:37am Mar 9, 2015 11:37am
Quoting Hickson
{quote} Yeah, I hate taking positions on late Friday ... makes almost no sense to me, especially with gaps and stuff ...
I considered all risk in advance; it was humble size so I really didnt care at all.
  • #6,348
  • Mar 9, 2015 11:38am Mar 9, 2015 11:38am
I cancelled my short and just went long by market with tiny position. Will add if lower bounces.
Fix up, trade sharp ...
  • #6,349
  • Mar 9, 2015 11:38am Mar 9, 2015 11:38am
thinking thats it for the day. this pair is tuckered out. probably base here till the evening then continue on its path

imo nothing has said BUY ME about jpy in over a month. this correction that happened last week was needed. i expect to see the continued return of gbp strength. holding my long and will buy another at some point
  • #6,350
  • Mar 9, 2015 11:44am Mar 9, 2015 11:44am
Quoting Hickson
I cancelled my short and just went long by market with tiny position. Will add if lower bounces.
I wont take any position today anymore, t-20minutes before my trading day ends. I just watch it for now.
  • #6,351
  • Mar 9, 2015 11:44am Mar 9, 2015 11:44am
Quoting Ata-Turkoglu
New Pending Order (Sell Limit): 183.20 (approx. target of fib extension) Happy Trades
Pending order just triggered..
Focus only on what truly matters!
  • #6,352
  • Mar 9, 2015 11:47am Mar 9, 2015 11:47am
Quoting FX-Ray
{quote} I wont take any position today anymore, t-20minutes before my trading day ends. I just watch it for now.
You are probably right ... I am closing at BE, might slap myself later but I want to go to the gym without thinking about the market then will only bother me.
Fix up, trade sharp ...
  • #6,353
  • Mar 9, 2015 11:48am Mar 9, 2015 11:48am
btw, you the man ray. good job on your levels. thanks
  • #6,354
  • Mar 9, 2015 11:49am Mar 9, 2015 11:49am
Quoting Hickson
{quote} You are probably right ... I am closing at BE, might slap myself later but I want to go to the gym without thinking about the market then will only bother me.
Yeah Im also done, later

Inserted Video
  • #6,355
  • Mar 9, 2015 11:52am Mar 9, 2015 11:52am
Quoting FX-Ray
{quote} Yeah Im also done, later https://www.youtube.com/watch?v=PuvJedWaGZ0
laters
  • #6,356
  • Mar 9, 2015 11:53am Mar 9, 2015 11:53am
Laters guys ... I know I am a small fish for most, but 2.76 % gain for a day is not so bad if you consider it was on a big account like 100 k or so ... would be done for the week then lol
Fix up, trade sharp ...
  • #6,357
  • Mar 9, 2015 11:56am Mar 9, 2015 11:56am
Quoting Hickson
Laters guys ... I know I am a small fish for most, but 2.76 % gain for a day is not so bad if you consider it was on a big account like 100 k or so ... would be done for the week then lol

dude, can I pool my €1000 with you and then we can start shooting with the big boys?
used to be undecided but nowadays can't make my mind up
  • #6,358
  • Mar 9, 2015 11:59am Mar 9, 2015 11:59am
well looking like we might hit 40 before its said and done.


as i typed that it did lol
  • #6,359
  • Mar 9, 2015 12:00pm Mar 9, 2015 12:00pm
crap stopped out at -20
  • #6,360
  • Mar 9, 2015 12:05pm Mar 9, 2015 12:05pm
Quoting mrcreosote
{quote} dude, can I pool my 1000 with you and then we can start shooting with the big boys?
I might tell you when I have been trading profitable for one or two consecutive years
Fix up, trade sharp ...
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