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Dragon Riders GBP/JPY

  • #7,741
  • Mar 17, 2015 4:55am Mar 17, 2015 4:55am
Quoting FX-Ray
{quote} I agree here but its still tradeable, next probably DP 178.70/60 since 1/2 179.10/00 resistance
Sorry sir, meant my chart not GJ. But yes, I have same if you can see?
The world you desire can be won. It exists.. it is real.. it is possible..
  • #7,742
  • Mar 17, 2015 4:58am Mar 17, 2015 4:58am
Quoting anima999
{quote} Interesting...so in your trading you just react to price movement without considering any external factors/indicators.In this case I should have been totally blind to bull vs bears, Elliott or anything else and simply waited either way.I will try.Thanks for the feedback.
Yes, polar thinking, I accept the fact the market always does know more than I do, no matter how hard I try and I accepted the fact I cant predict the future. Im open to every opportunity.

Add: I also could trade only price with DPs. I wouldnt need any chart at all.
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  • #7,743
  • Mar 17, 2015 5:01am Mar 17, 2015 5:01am
Quoting Mr. Scott
{quote} Sorry sir, meant my chart not GJ. But yes, I have same if you can see?
Np mate, no reason to say sorry. I've seen it, thanks for this
  • #7,744
  • Mar 17, 2015 5:02am Mar 17, 2015 5:02am
Quoting mello87
Had BE long earlier then got short at 179.327 for just under 1:3 risk reward Cheers Ray! DP's are a godsend
  • #7,745
  • Mar 17, 2015 5:02am Mar 17, 2015 5:02am
TP met. Covered my losses from yesterday and this morning plus a few extra.
Will probably come back after lunch, NY should be in full swing.
Cheers Ray.
  • #7,746
  • Mar 17, 2015 5:02am Mar 17, 2015 5:02am
OK all makes sense thank you very much guys I'll read through al this and try to figure the behavior and jargon as I go.
  • #7,747
  • Mar 17, 2015 5:04am Mar 17, 2015 5:04am
Quoting BartysKnob
OK all makes sense thank you very much guys I'll read through al this and try to figure the behavior and jargon as I go.
Homework needs to be done
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  • #7,748
  • Mar 17, 2015 5:06am Mar 17, 2015 5:06am
Quoting FX-Ray
{quote} thanks buddy {quote}
Not at all. I should be thanking you instead, since you help out so many people in this thread (sorry for the late reply, though).
  • #7,749
  • Mar 17, 2015 5:07am Mar 17, 2015 5:07am
Noob question here, what does DP mean?
  • #7,750
  • Mar 17, 2015 5:08am Mar 17, 2015 5:08am
Quoting Vermillion
{quote} Not at all. I should be thanking you instead, since you help out so many people in this thread (sorry for the late reply, though).
No reason to say sorry here, I can understand ppl are busy too No reason to thank me.. I made a decision and dont expect anything in return, so its fine with me
  • #7,751
  • Mar 17, 2015 5:09am Mar 17, 2015 5:09am
Quoting Butterbread
Noob question here, what does DP mean?
You dont even have to scroll one page back lmao
  • #7,752
  • Mar 17, 2015 5:15am Mar 17, 2015 5:15am
Quoting FX-Ray
{quote} Yes, polar thinking, I accept the fact the market always does know more than I do, no matter how hard I try and I accepted the fact I cant predict the future. Im open to every opportunity. Add: I also could trade only price with DPs. I wouldnt need any chart at all. {image}
That is a beautiful spread!
  • #7,753
  • Mar 17, 2015 5:16am Mar 17, 2015 5:16am
Quoting FX-Ray
{quote} You dont even have to scroll one page back lmao
Well I'll admit that I have done more embarrassing stuff in my life.
  • #7,754
  • Mar 17, 2015 5:18am Mar 17, 2015 5:18am
Quoting Butterbread
{quote} Well I'll admit that I have done more embarrassing stuff in my life.
Np

Here you go:

Post #7730
Post #7734
Post #7744

I can recommend you reading this too: PRINCIPALS AND PSYCHOLOGY OF DAY TRADING, by Georg Slezak

Hope that helps
  • #7,755
  • Mar 17, 2015 5:31am Mar 17, 2015 5:31am
Anyway news coming out, if 1/2 179.10/00 resistance we should see a test of DP 178.70/60 or lower; otherwise I got DP 179.50/40 for the upside.
  • #7,756
  • Mar 17, 2015 5:36am Mar 17, 2015 5:36am
Quoting FX-Ray
{quote} Np Here you go: Post #7730 Post #7734 Post #7744 I can recommend you reading this too: PRINCIPALS AND PSYCHOLOGY OF DAY TRADING, by Georg Slezak Hope that helps

Thank you! Time to hit the books! I am still quite new to Forex so you guys will probably see me ask some newbie questions around here!
  • #7,757
  • Mar 17, 2015 5:37am Mar 17, 2015 5:37am
Bloomberg:

Home starts plunge on weather while U.S. Building permits rise.

Weather, seriously Bloomberg?
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  • #7,758
  • Mar 17, 2015 5:45am Mar 17, 2015 5:45am
in the making
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  • #7,759
  • Mar 17, 2015 5:47am Mar 17, 2015 5:47am
Quoting Butterbread
{quote} Thank you! Time to hit the books! I am still quite new to Forex so you guys will probably see me ask some newbie questions around here!
Everyone has been new at some point in time, so dont worry about that

(fun incoming )
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  • #7,760
  • Mar 17, 2015 5:53am Mar 17, 2015 5:53am
Quoting FX-Ray
Bloomberg: Home starts plunge on weather while U.S. Building permits rise. Weather, seriously Bloomberg? {image}
Especially amusing if you compare it to the title of the GB housing report

http://www.forexfactory.com/news.php?do=news&id=530881

Double standards anyone?
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