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Dragon Riders GBP/JPY

  • #6,701
  • Mar 10, 2015 9:54am Mar 10, 2015 9:54am
Quoting Butterbread
{quote} My broker is about 3~4 pips on Geppy as well, it doesn't charge any commission though.
same but its annoying missing these moves because my order miss getting filled cause there's a 4 pip spread haha ah well time to watch 183.1
  • #6,702
  • Mar 10, 2015 9:54am Mar 10, 2015 9:54am
Quoting Butterbread
{quote} My broker is about 3~4 pips on Geppy as well, it doesn't charge any commission though.
Well it does with the spread...

Add: price currently is 97.8/99.6, spread is 1.8 pips and if you say your average spread is ~4.00, they add 1.1Pips each, bid and ask.. well thats outrageous

Add: no STP/ECN interbank feed broker in US? like really?
  • #6,703
  • Mar 10, 2015 10:01am Mar 10, 2015 10:01am
Quoting FX-Ray
{quote} Well it does with the spread... Add: price currently is 97.8/99.6, spread is 1.8 pips and if you say you average spread is 4, they add 1.1Pips each, bid and ask.. well thats outrageous
^ that and yup really punish you for trying to trade crosses only pairs keep spreads low are the majors
  • #6,704
  • Mar 10, 2015 10:02am Mar 10, 2015 10:02am
Quoting FX-Ray
{quote} Well it does with the spread... Add: price currently is 97.8/99.6, spread is 1.8 pips and if you say your average spread is ~4.00, they add 1.1Pips each, bid and ask.. well thats outrageous
Mine is also 4 pips. On the plus side it doesn't vary much during times of high volatility. I spread bet so it's a little different but the UK brokers don't tend to offer much lower on GJ unless you have a big account and or pay for special features.
  • #6,705
  • Mar 10, 2015 10:04am Mar 10, 2015 10:04am
Quoting anima999
{quote} Mine is also 4 pips. On the plus side it doesn't vary much during times of high volatility. Inspired best so it's a little different but the UK brokers don't tend to offer much lower on GJ unless you have a big account and or pay for special features.
I guess welcome to the darkside..
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  • #6,706
  • Mar 10, 2015 10:08am Mar 10, 2015 10:08am
Back, whats happening
  • #6,707
  • Mar 10, 2015 10:11am Mar 10, 2015 10:11am
LOL ... UCAD was too fast for my pending order:

H1:
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Fix up, trade sharp ...
  • #6,708
  • Mar 10, 2015 10:13am Mar 10, 2015 10:13am
Quoting mello87
Back, whats happening
Nothing much, last final move off 65 to DP 183.10/00; im done for today since its 6pm here, low volatility incoming is not my business anymore

I had fun today and thanks all for contributing and trading with us, have a nice day all, enjoy and laters

Inserted Video
  • #6,709
  • Mar 10, 2015 10:16am Mar 10, 2015 10:16am
Quoting FX-Ray
{quote} Nothing much, last final move off 65 to DP 183.10/00; im done for today since its 6pm here, volatility incoming is not my business anymore I had fun today and thanks all for contributing and trading with us, have a nice day all, enjoy and laters

Nice. yeah same done for today had 2 short trades today one for 1:2 and another for 1:3, and a long for barely nothing. Decent day. Enjoy mate
  • #6,710
  • Mar 10, 2015 10:22am Mar 10, 2015 10:22am
Quoting FX-Ray
{quote} Nothing much, last final move off 65 to DP 183.10/00; im done for today since its 6pm here, low volatility incoming is not my business anymore I had fun today and thanks all for contributing and trading with us, have a nice day all, enjoy and laters https://www.youtube.com/watch?v=shoepPyrz6Y
time to set and forget dustbins

enjoy and I did enjoy also

cheers and laters
  • #6,711
  • Mar 10, 2015 10:23am Mar 10, 2015 10:23am
Quoting AllyB
{quote} time to set and forget dustbins enjoy and I did enjoy also cheers and laters

Heard you mention these before Ally, can't remember what they were or what the concept around them was
  • #6,712
  • Mar 10, 2015 10:25am Mar 10, 2015 10:25am
Not the best trading day for me, but at least no big losses. Calling it a day, might play some chess. Laters.
Fix up, trade sharp ...
  • #6,713
  • Mar 10, 2015 10:27am Mar 10, 2015 10:27am
Is such a brutal alloverplace break of decade levels I dont know where to look first. UJ 8 year high, EU 12 year low, UCAD, AU, GU - only 2 year low pfff .

But seems USD king is gonna rock the place. Hmm, lovely bucks.
"I know one thing, that I know nothing." Sokrates
  • #6,714
  • Mar 10, 2015 10:29am Mar 10, 2015 10:29am
Quoting FX-Ray
{quote} I guess welcome to the darkside.. {image}
Yes....join the dark side; we have cookies.
  • #6,715
  • Mar 10, 2015 10:32am Mar 10, 2015 10:32am
Quoting mello87
{quote} Heard you mention these before Ally, can't remember what they were or what the concept around them was
this sort of explains it



Latest dustbin PDF

http://www.forexfactory.com/showthread.php?p=6090365#post6090365
  • #6,716
  • Mar 10, 2015 10:38am Mar 10, 2015 10:38am
Quoting AllyB
{quote} this sort of explains it Latest dustbin PDF http://www.forexfactory.com/showthre...65#post6090365
Sort of ... to be honest .. I do not get it ... but that's just me
Fix up, trade sharp ...
  • #6,717
  • Mar 10, 2015 10:44am Mar 10, 2015 10:44am
Quoting Hickson
{quote} Sort of ... to be honest .. I do not get it ... but that's just me
Its drawing support/resistance levels on the 15 minute then backing them down to lower TFs drawing sup/res lines there and seeing where they match up (atleast that's what i got from it). It's doing it on small time frames for just 12-20 pips a pop. Probably works well when volume gets low in later parts of the day and prices sort of slowly drift back and forth between 2 levels until next session opens up. Its really practical I just feel you need really tight spreads to make it work.
  • #6,718
  • Mar 10, 2015 10:59am Mar 10, 2015 10:59am
Quoting thegmann
{quote} Its drawing support/resistance levels on the 15 minute then backing them down to lower TFs drawing sup/res lines there and seeing where they match up (atleast that's what i got from it). It's doing it on small time frames for just 12-20 pips a pop. Probably works well when volume gets low in later parts of the day and prices sort of slowly drift back and forth between 2 levels until next session opens up. Its really practical I just feel you need really tight spreads to make it work.
well said

I get 20 pip levels off the m5 and then wait for a candle close above or below those levels and shoot for +12 pips
  • #6,719
  • Mar 10, 2015 11:29am Mar 10, 2015 11:29am
still selling..
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  • #6,720
  • Mar 10, 2015 11:33am Mar 10, 2015 11:33am
Quoting Tom_D_Trader
{quote} Once it moves, could be fast, should my secondary UJ load targets come valid (And also Sams) - 119,56 -.... GBP move could trigger stops below GU lows.... and then Geppy very quick move down, up to 180,9. But this level D1 mid. Very important in my charts. Perfect place for stuck. Not only perfect place to stuck, but also perfect place to load longs should a) GU monthly 1,5055 lows hold b) UJ primary 120,666 holds. = Geppy mid holds... Running for D1 61,8% break @ 184,26x Regarding GBP, not sure here, but were speaking with Creo guys gotta...
Seems I was hopping too fast again. UJ wanna 120,666. Kinda hope it hits, as Sam would TP and me very load

Edit: I have cleared all Geppy trades... could be wrong, but you know that, cut loosers short. no need to rush.
Edit: Omg stop . Either way, am avoiding GBP for a while, intraday cover went fine, but now seems USD may pull heavy.
"I know one thing, that I know nothing." Sokrates
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