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Dragon Riders GBP/JPY

  • #8,781
  • Mar 20, 2015 10:07am Mar 20, 2015 10:07am
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Focus only on what truly matters!
  • #8,782
  • Mar 20, 2015 10:09am Mar 20, 2015 10:09am
Quoting Ata-Turkoglu
{image}
lol ... the thread of all crazy pictures in the world

https://cauldronsandcupcakes.files.w...the_122826.jpg
Fix up, trade sharp ...
  • #8,783
  • Mar 20, 2015 10:11am Mar 20, 2015 10:11am
Well I TP all Geppys. Am not that greedy and its Friday. And am also awake since yesterdays LO. Not sure my brain is working right.

Aussie seems facked :/ .. but high holds so far as well as level.

Edit: works well enough to sell more EU.. buying UJ. Classics me.
Edit: Nice pies eh? I hope am not overdoing it with that USD again. But also 46 on Oil bounces. Is too tempting.
Dit: Selling more EU and buying more UJ. Serious brain damage.
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"I know one thing, that I know nothing." Sokrates
  • #8,784
  • Mar 20, 2015 10:16am Mar 20, 2015 10:16am
The 50% retracement level has not been touched yet on this little drop. I would expect bulls to pile on here, and price to continue up. However, if it starts dipping below 179.08, then bears may regain control...
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  • #8,785
  • Mar 20, 2015 10:19am Mar 20, 2015 10:19am
Quoting benaiah
The 50% retracement level has not been touched yet on this little drop. I would expect bulls to pile on here, and price to continue up. However, if it starts dipping below 179.08, then bears may regain control... {image}
Nice pyramid built there!
Fix up, trade sharp ...
  • #8,786
  • Mar 20, 2015 10:25am Mar 20, 2015 10:25am
Quoting benaiah
The 50% retracement level has not been touched yet on this little drop. I would expect bulls to pile on here, and price to continue up. However, if it starts dipping below 179.08, then bears may regain control... {image}
Hey Benaiah! It's been a while since I saw you on FF. Where were you? Were you staying in the EUR/USD and USD/JPY threads the whole time?
  • #8,787
  • Mar 20, 2015 10:32am Mar 20, 2015 10:32am
Late in London session, so I tp on EU short. There will be new opportunities on Monday! Happy weekend all!

Was able to double my weekly goal! So I will not give it back and close my shop now!
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Fix up, trade sharp ...
  • #8,788
  • Mar 20, 2015 10:37am Mar 20, 2015 10:37am
Quoting Hickson
Late in London session, so I tp on EU short. There will be new opportunities on Monday! Happy weekend all!
nice one, I never got in. All the best during the weekend!
  • #8,789
  • Mar 20, 2015 10:40am Mar 20, 2015 10:40am
Quoting alexpi
{quote} nice one, I never got in. All the best during the weekend!
Thanks, same to you! laters!
Fix up, trade sharp ...
  • #8,790
  • Mar 20, 2015 10:50am Mar 20, 2015 10:50am
Quoting Tom_D_Trader
Well I TP all Geppys. Am not that greedy and its Friday. And am also awake since yesterdays LO. Not sure my brain is working right. Aussie seems facked :/ .. but high holds so far as well as level. Edit: works well enough to sell more EU.. buying UJ. Classics me. Edit: Nice pies eh? I hope am not overdoing it with that USD again. But also 46 on Oil bounces. Is too tempting. Dit: Selling more EU and buying more UJ. Serious brain damage. {image}
And UJ cut me - massive 0,6%, Aussie after me. USD correction seems unstoppable. Though Oil stopped at 46, SaP reaching all time highs! Thought it corrects. But eh, Friday, cant have everything. Am actually happy trades almost all cleared as I wanna have a break.

Edit: see, I cant even write.
Edit: Yup, Aussie cut +- 1%.
"I know one thing, that I know nothing." Sokrates
  • #8,791
  • Edited 11:14am Mar 20, 2015 10:54am | Edited 11:14am
GBP/JPY is still struggling between bulls and bears. If it goes back up to test 179.60, it may break above 179.80 and move onwards.

And on that note, I have a short order for the NZD/USD at around 0.76100; it's getting overbought by now, and we should see a correction or at least a couple dozen pips should it head above 0.7550 and establish it as support.

NZD/USD is EXTREMELY unlikely to break out much from 0.7610 today, since that area was support back in december, and also represents the monthly highs.

Edit: and if it does, eh. MY SL is only 30 pips or so.

Edit 2: EUR/USD and GBP/JPY seem to be moving in tandem....?I guess whatever force is affecting volatility of those 2 markets is the same. When one pair goes up, the other usually follows, which is rather unusual since the two don't often move similarly to this degree.

Honestly, go to your 5min. charts and compare the EURUSD and GBP/JPY. Interesting for the intraday, at least.
  • #8,792
  • Mar 20, 2015 10:55am Mar 20, 2015 10:55am
Quoting Vermillion
{quote} Hey Benaiah! It's been a while since I saw you on FF. Where were you? Were you staying in the EUR/USD and USD/JPY threads the whole time?
Ha ha, was going to say I'm recuperating from getting crushed by the market, but in reality, I got crushed by bad MM, lack of patience, discipline. So, doing some rebuilding work...
  • #8,793
  • Mar 20, 2015 11:04am Mar 20, 2015 11:04am
Yy, now Oil joins the party. Unstoppable and me a) tired b) pretty good day. Though FX +- BE, as recent cut deleted most of Geppy profits. But Daxie fine .

Closing all trades and call it a week. Leaving just 2 microdaxies.

Have a nice weekend everyone, Tom
"I know one thing, that I know nothing." Sokrates
  • #8,794
  • Mar 20, 2015 11:23am Mar 20, 2015 11:23am
Trying 1 final short with very tight stop (at BE now)
  • #8,795
  • Mar 20, 2015 11:33am Mar 20, 2015 11:33am
Quoting alexpi
Trying 1 final short with very tight stop (at BE now)
DON'T. Wait for a clear signal to short. Both the eur/usd and gbp/jpy are on the verge of a breakout, and nzd/usd is also roaring to go up even more despite being overbought.

whatever market makers driving this mean busienss.

Update: Sorry; I didn't respond in time. We just hit above 179.60. Almost guaranteed to retest 179.80, and a good chance to move up even more.

Eur/usd broke out, gbp/jpy broke out, nzd/usd broke out; ALL THREE BROKE UPWARDS. I'm getting my shorts ready, ad my longs for eur/usd and gbp/jpy have SL adjusted to just below BE.
  • #8,796
  • Mar 20, 2015 11:55am Mar 20, 2015 11:55am
Another great week folks,, made bank for the week, had laughs, learned things, saw hilarious gifs, you folks are great. Thanks again for eveyones contribution and have a Great weekend!
  • #8,797
  • Edited 2:35pm Mar 20, 2015 1:37pm | Edited 2:35pm
Quoting js5020
Another great week folks,, made bank for the week, had laughs, learned things, saw hilarious gifs, you folks are great. Thanks again for eveyones contribution and have a Great weekend!
Agreed, nice weekend everyone.
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  • #8,798
  • Mar 20, 2015 2:24pm Mar 20, 2015 2:24pm
Quoting FX-Ray
{quote} Agreed, nice weekend everyone. {image}
Have a good one Ray, and thanks for your help once again!
Fix up, trade sharp ...
  • #8,799
  • Mar 20, 2015 2:28pm Mar 20, 2015 2:28pm
Quoting FX-Ray
{quote} Agreed, nice weekend everyone. {image}

just closed another short trade and now done for the week wish we had this ADR every day. I could get used to this

enjoy your time off and let's do it again next week
  • #8,800
  • Mar 20, 2015 2:36pm Mar 20, 2015 2:36pm
Quoting Hickson
{quote} Have a good one Ray, and thanks for your help once again!
No reason to thank me buddy, at the end it was you

Quoting AllyB
just closed another short trade and now done for the week wish we had this ADR every day. I could get used to this enjoy your time off and let's do it again next week
Well we have to try, isnt it?
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