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Dragon Riders GBP/JPY

  • #9,101
  • Mar 24, 2015 7:02am Mar 24, 2015 7:02am
Scotty you got a MBA in Finance, could you comment Post #9111?; I'd really like to hear your opinion about.
  • #9,102
  • Mar 24, 2015 7:03am Mar 24, 2015 7:03am
Quoting forexalien
Also a continuation flag is forming for lower is the way Alien see's it at this time................. H4 GJ {image}
As Promised...........
The More You Learn, The More You Earn.....
  • #9,103
  • Mar 24, 2015 7:04am Mar 24, 2015 7:04am
Quoting forexalien
{quote} As Promised...........
Nice Job
  • #9,104
  • Mar 24, 2015 7:04am Mar 24, 2015 7:04am
Quoting Mpt
{quote} Might be as simple as that. But from a bearish perspective, the move 185 ~178.2 (670 pips) could also be interpreted as being a wave A, wherein 185 ~181.4 was A of A (350 pips), 183.9 ~187.2 was C of A (560 pips) .....and 350 pips x 1.618 just happens to measure 565 pips .... close enough. Therefore, it would not be unreasonable to maybe view this triangle/mess as wave B ... meaning that wave C is soon to start. All idle speculation though until something happens. On an aside, I have a sneaky feeling that UJ may give a surprise -...
Thank You..........

Humans make trading harder then it really is.........................
The More You Learn, The More You Earn.....
  • #9,105
  • Mar 24, 2015 7:08am Mar 24, 2015 7:08am
Got this so far, if 1/4 178.125/025 stays support I'll stay in for more. Otherwise I go for 1/2 177.35/25
Attached Image (click to enlarge)
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  • #9,106
  • Mar 24, 2015 7:09am Mar 24, 2015 7:09am
Something's still very odd with the speed of decline. Under 'normal' circumstances it should be accelerating away by now. I guess it hasn't been fast up to here, but somewhat methodical. However, speed should really be a factor about here. And it's not.

Oh, and the lower TF meanderings over the last last few days are not in keeping with a normally bearish setup. Something ain't right.
  • #9,107
  • Mar 24, 2015 7:09am Mar 24, 2015 7:09am
Quoting anima999
On the other hand I just read this. I don't know why I'm trying to get rich in FX, apparently Americans shit gold. {image}
Swallowed fillings perhaps.............?
The More You Learn, The More You Earn.....
  • #9,108
  • Mar 24, 2015 7:10am Mar 24, 2015 7:10am
Quoting NicMilani
{quote} yes giant bounce...knocked me out
ADX and no SL would have kept you in longer...........
The More You Learn, The More You Earn.....
  • #9,109
  • Mar 24, 2015 7:11am Mar 24, 2015 7:11am
Quoting raiders
plane just crashed in france
I was not over there, count me out...............
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The More You Learn, The More You Earn.....
  • #9,110
  • Mar 24, 2015 7:16am Mar 24, 2015 7:16am
Quoting forexalien
{quote} ADX and no SL would have kept you in longer...........
If she shorted DP 178.90/80 with SL above, there would be no knockout.
  • #9,111
  • Mar 24, 2015 7:16am Mar 24, 2015 7:16am
Quoting FX-Ray
Got this so far, if 1/4 178.125/025 stays support I'll stay in for more. Otherwise I go for 1/2 177.35/25 {image}
A pretty hard bounce off of a floor here..............
The More You Learn, The More You Earn.....
  • #9,112
  • Mar 24, 2015 7:18am Mar 24, 2015 7:18am
Quoting forexalien
{quote} A pretty hard bounce off of a floor here..............
Maybe, maybe not, I dont know tbh, I just trade those levels, whether she gets there slow or fast I dont bother, I see strength atm.
  • #9,113
  • Mar 24, 2015 7:20am Mar 24, 2015 7:20am
Quoting FX-Ray
{quote} Maybe, maybe not, I dont know tbh, I just trade those levels, whether she gets there slow or fast I dont bother, I see strength atm.
Since you trade just levels, how do you know direction, momentum and distance of what each trade will do ?
The More You Learn, The More You Earn.....
  • #9,114
  • Mar 24, 2015 7:21am Mar 24, 2015 7:21am
Quoting forexalien
{quote} Since you trade just levels, how do you know direction, momentum and distance of what each trade will do ?
I dont know
  • #9,115
  • Mar 24, 2015 7:25am Mar 24, 2015 7:25am
Quoting FX-Ray
{quote} I dont know
That's ok , as long as you can make it work for you...............
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The More You Learn, The More You Earn.....
  • #9,116
  • Mar 24, 2015 7:26am Mar 24, 2015 7:26am
Quoting FX-Ray
Got this so far, if 1/4 178.125/025 stays support I'll stay in for more. Otherwise I go for 1/2 177.35/25 {image}
There's a setup I pay attention atm, if she is able to overcome DP 178.90/80 I'll hold this trade for DP 181.20/10; if she is not able to overcome DP 178.90/80 I'll take profits there.

Add: 1/4 178.125/025 needs to stay support
  • #9,117
  • Mar 24, 2015 7:31am Mar 24, 2015 7:31am
Damn, I go away for 45mins and I'm stopped out for BE from being up 35pips. Eyes on current level for a possible re entry.
US news due soon.
  • #9,118
  • Mar 24, 2015 7:34am Mar 24, 2015 7:34am
Quoting FX-Ray
Scotty you got a MBA in Finance, could you comment Post #9111?; I'd really like to hear your opinion about.
CFA too :nerd:What would you like to know my friend? If you are looking for macro guy, I am not truly it, more finance. But I agree, pointless.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #9,119
  • Mar 24, 2015 7:38am Mar 24, 2015 7:38am
Quoting Mr. Scott
{quote} CFA too :nerd:What would you like to know my friend? If you are looking for macro guy, I am not truly it, more finance. But I agree, pointless.
Yes sir Okay thanks
  • #9,120
  • Mar 24, 2015 7:42am Mar 24, 2015 7:42am
Quoting FX-Ray
{quote} Yes sir Okay thanks
Good morning Ray, Good morning all,

UJ seems at an interesting place! Should we see a bounce off these levels, watching closely for now!
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