Attachments: Dragon Riders GBP/JPY

Dragon Riders GBP/JPY

#7,601
Edited 3:26am Mar 16, 2015 3:12am | Edited 3:26am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

Good Morning,

DP 179.50/40 printed.

Add: if support next is 1/2 180.00/79.90 (which is more likely since its going up), if resistance next is 1/2 179.10/00

#7,602
Mar 16, 2015 3:15am Mar 16, 2015 3:15am

gespiri
Joined Oct 2011 | Status: Lost.... | 2,384 Posts

Quoting FX-Ray

Disliked

Good Morning, DP 179.50/40 printed.

Ignored

Hi F-Ray. I followed your DP thought process this weekend and it's fascinating. Do you also calculate levels for 4hr, 1hr, and less for intraday movement or do you only stop at daily TF?

Lost....

#7,603
Mar 16, 2015 3:21am Mar 16, 2015 3:21am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

Quoting gespiri

Disliked

{quote} Hi F-Ray. I followed your DP thought process this weekend and it's fascinating. Do you also calculate levels for 4hr, 1hr, and less for intraday movement or do you only stop at daily TF?

Ignored

Hi gespiri,

you can use any TF trading it, depending on what you feel like is best for you. I just use the Daily and the 1m line because I used to it and I see more than if I had several TFs, thats just my style. Since these levels are represented in areas (upper and lower boundary) of price, they are the same on all TFs like price. Hope that helps.

Add: There is no TF involved in the calculation, its time-less

#7,604
Mar 16, 2015 3:28am Mar 16, 2015 3:28am

mello87
| Joined Feb 2014 | Status: Trader | 139 Posts

Need to keep on topic guys. Don't let this thread get into a discussion about anti scalping plugins lol.

#7,605
Mar 16, 2015 3:29am Mar 16, 2015 3:29am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

Quoting mello87

Disliked

Need to keep on topic guys. Don't let this thread get into a discussion about anti scalping plugins lol.

Ignored

Well at that point, back to trading?

#7,606
Mar 16, 2015 3:29am Mar 16, 2015 3:29am

mello87
| Joined Feb 2014 | Status: Trader | 139 Posts

Quoting FX-Ray

Disliked

Good Morning, DP 179.50/40 printed. Add: if support next is 1/2 180.00/79.90 (which is more likely since its going up), if resistance next is 1/2 179.10/00

Ignored

Im long too. See what happens at 180 if it gets there should be a 2/3x reward to risk if it gets there.

#7,607
Mar 16, 2015 3:30am Mar 16, 2015 3:30am

mello87
| Joined Feb 2014 | Status: Trader | 139 Posts

Quoting FX-Ray

Disliked

{quote} Well at that point, back to trading?

Ignored

Haha not my thread, but just an idea

#7,608
Mar 16, 2015 3:32am Mar 16, 2015 3:32am

Mpt
Joined Nov 2009 | Status: Trader | 2,582 Posts

The 179.6 pivot may have real significance

#7,609
Mar 16, 2015 3:33am Mar 16, 2015 3:33am

workingforex
Joined Dec 2013 | Status: Trader | 649 Posts

Quoting FX-Ray

Disliked

{quote} When I started trading Ive been alot of my time in dark places, searching for some info I could find, helping me to become what I want to become. I always missed facts and someone who clearly told me straight in my face whats really all about this madness. I just got pieces and put the together accompanied with alot of pain and sacrifice, thats my way to give back. When I started trading it was all about money until trading taught me the important things in life you cant buy for money and that's why I want to make the difference, I try to...

Ignored

I respect you for that man!

Most of the times, I have seen people after inflicting pain, will be become bitter! It takes a strong mind to keep focused and become giving afterwards and thus far, I can say for sure you are the best trader I have seen in my little trading endeavour, both psychologically and emotionally and not to forget a good and humble human being! Bless you my friend, always stay as you are!

#7,610
Mar 16, 2015 3:35am Mar 16, 2015 3:35am

mello87
| Joined Feb 2014 | Status: Trader | 139 Posts

Quoting Mpt

Disliked

The 179.6 pivot may have real significance

Ignored

Looks like it indeed. Might have to take a stop out and re enter. First one in a while if i do lol

#7,611
Mar 16, 2015 3:36am Mar 16, 2015 3:36am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

Quoting Mpt

Disliked

The 179.6 pivot may have real significance

Ignored

Hi Mpt,

I got a DP close there, 179.50/40; depending on whats happening here I got 180.00/79.90 and 179.10/00, may I ask what you mean with significance in context? cheers

#7,612
Mar 16, 2015 3:37am Mar 16, 2015 3:37am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

Quoting workingforex

Disliked

{quote} I respect you for that man! Most of the times, I have seen people after inflicting pain, will be become bitter! It takes a strong mind to keep focused and become giving afterwards and thus far, I can say for sure you are the best trader I have seen in my little trading endeavour, both psychologically and emotionally and not to forget a good and humble human being! Bless you my friend, always stay as you are!

Ignored

Thank you my friend, much appreciated

#7,613
Mar 16, 2015 3:39am Mar 16, 2015 3:39am

Hickson
Joined Jan 2014 | Status: Less is more ... | 9,059 Posts

Quoting workingforex

Disliked

{quote} I respect you for that man! Most of the times, I have seen people after inflicting pain, will be become bitter! It takes a strong mind to keep focused and become giving afterwards and thus far, I can say for sure you are the best trader I have seen in my little trading endeavour, both psychologically and emotionally and not to forget a good and humble human being! Bless you my friend, always stay as you are!

Ignored

Yes, it seems that most successful retail traders are pretty decent people ... quite rare though, so even more valuable to have them around.

Fix up, trade sharp ...

#7,614
Mar 16, 2015 3:43am Mar 16, 2015 3:43am

Mpt
Joined Nov 2009 | Status: Trader | 2,582 Posts

Quoting FX-Ray

Disliked

{quote} Hi Mpt, I got a DP close there, 179.50/40; depending on whats happening here I got 180.00/79.90 and 179.10/00, may I ask what you mean with significance in context? cheers

Ignored

In summary, a place to hold/stop. I've told you how I determine my S/R points and with respect to the entire move down so far it was showing as a new central pivot

#7,615
Mar 16, 2015 3:44am Mar 16, 2015 3:44am