Dragon Riders GBP/JPY | Page 463 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Enter The Dragon - GBP/JPY 2 replies

Info on the Borihei-Dragon Scalping System? 15 replies

The Dragon 441 replies

Scalping The Dragon 34 replies

***Dragon II*** 15 replies

Attachments: Dragon Riders GBP/JPY
Exit Attachments

Dragon Riders GBP/JPY

  • #9,241
  • Mar 25, 2015 9:00am Mar 25, 2015 9:00am
Quoting Vermillion
{quote} This is a hypothetical outlook, and can easily go wrong, but.... Assuming we make a clean break of 177.60, one of the more likely scenarios is that the gbp/jpy will go somewhere close to 177, bounce back up for a bit(177.85~somewhere in the 178s) just as the eur/usd does a final spurt to the 1.1000s region, then fall down along with the eur/usd down to 175.70/50. We could also just fall down further without much of a bounce at 177, but given the mercurial nature of the eur/usd and the impact it has on other pairs at the moment, one more...
Too many ifs, thens and precise numbers mate. You're setting yourself up for too much bias Just my opinion
  • #9,242
  • Mar 25, 2015 9:12am Mar 25, 2015 9:12am
Quoting FX-Ray
{quote} I got DP 178.90/80 as crucial here, as long as it stays resistance optimal target is DP 175.80/70; if market is up and DP 178.90/80 support next optimal target is DP 181.20/10
Damn, Ray, isn't it boring to be right so often? I'm seeing a reversal on 1h here, out of my shorts and waiting
  • #9,243
  • Mar 25, 2015 9:15am Mar 25, 2015 9:15am
Quoting alexpi
{quote} Too many ifs, thens and precise numbers mate. You're setting yourself up for too much bias Just my opinion
That's why it's a mere hypothesis and not a ongoing trading strategy.

It's just that if you plan certain possible scenarios in advance and you can see pieces falling together, then you can predict a good R:R area to make your trades early on. If it shows signs of working out, I put my trades and profit. If not, then it just stays in my chart folders. It fails often, but you never know.

Who knows; one day, I might be able to predict a major central bank decision, or maybe the outset of a recession.
  • #9,244
  • Mar 25, 2015 9:22am Mar 25, 2015 9:22am
Quoting alexpi
{quote} Damn, Ray, isn't it boring to be right so often? I'm seeing a reversal on 1h here, out of my shorts and waiting
I'd rather say its dangerous, I really need to be cautious.
Add: Anyway, next probably 1/2 177.35/25
  • #9,245
  • Mar 25, 2015 9:26am Mar 25, 2015 9:26am
Quoting Vermillion
{quote} That's why it's a mere hypothesis and not a ongoing trading strategy. It's just that if you plan certain possible scenarios in advance and you can see pieces falling together, then you can predict a good R:R area to make your trades early on. If it shows signs of working out, I put my trades and profit. If not, then it just stays in my chart folders. It fails often, but you never know. Who knows; one day, I might be able to predict a major central bank decision, or maybe the outset of a recession.
If you foresee the day CL stops being traded solely in USD do warn me please

Ray, I don't know about that, it looks to me like it will be up to 188.87 before going down again, if it does. Either way, not today I think.

Edit: Choppy week of hell!
  • #9,246
  • Mar 25, 2015 9:30am Mar 25, 2015 9:30am
Quoting alexpi
{quote} If you foresee the day CL stops being traded solely in USD do warn me please Ray, I don't know about that, it looks to me like it will be up to 188.87 before going down again, if it does
I'll try my best.

But you never know; I might be wrong.
  • #9,247
  • Mar 25, 2015 9:41am Mar 25, 2015 9:41am
Quoting FX-Ray
{quote} I'd rather say its dangerous, I really need to be cautious. Add: Anyway, next probably 1/2 177.35/25
+12

should of had one more on this latest sell but I went to the store and missed it
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 49 KB
  • #9,248
  • Mar 25, 2015 9:43am Mar 25, 2015 9:43am
Quoting AllyB
{quote} +12 should of had one more on this latest sell but I went to the store and missed it {image}
You are about to impress me
  • #9,249
  • Mar 25, 2015 9:45am Mar 25, 2015 9:45am
Today so far is a quick hit and run day,,, made up the loss from my first EU long, atleast Im even.
  • #9,250
  • Mar 25, 2015 9:50am Mar 25, 2015 9:50am
Quoting AllyB
{quote} +12 should of had one more on this latest sell but I went to the store and missed it {image}
Wow, you seem really proficient at scalping. I want to learn.
Fix up, trade sharp ...
  • #9,251
  • Mar 25, 2015 9:52am Mar 25, 2015 9:52am
Quoting FX-Ray
{quote} You are about to impress me
ah thanks sir
  • #9,252
  • Mar 25, 2015 9:53am Mar 25, 2015 9:53am
Btw, something very strange happened ... I cannot trade Geppy on my broker today. Cannot find it ... do you have this on your platform as an instrument?
Fix up, trade sharp ...
  • #9,253
  • Mar 25, 2015 9:53am Mar 25, 2015 9:53am
Quoting Hickson
{quote} Wow, you seem really proficient at scalping. I want to learn.
go for it ... it's fun
  • #9,254
  • Mar 25, 2015 9:54am Mar 25, 2015 9:54am
Quoting Hickson
{quote} Wow, you seem really proficient at scalping. I want to learn.
Wrong way, you need to say, teach me senpai.
Thats ally and you
Attached Image
  • #9,255
  • Mar 25, 2015 9:56am Mar 25, 2015 9:56am
Quoting FX-Ray
{quote} Wrong way, you need to say, teach me senpai. Thats ally and you {image}
lol wtf ... btw this senpai title reminds me of a very awkward incident, but a too long story to tell lol
Fix up, trade sharp ...
  • #9,256
  • Mar 25, 2015 9:58am Mar 25, 2015 9:58am
Quoting Hickson
{quote} lol wtf ... btw this senpai title reminds me of a very awkward incident, but a too long story to tell lol
Tell me about
Attached Image
  • #9,257
  • Mar 25, 2015 9:59am Mar 25, 2015 9:59am
Quoting FX-Ray
{quote} Wrong way, you need to say, teach me senpai. Thats ally and you {image}
  • #9,258
  • Mar 25, 2015 9:59am Mar 25, 2015 9:59am
Quoting FX-Ray
{quote} Tell me about {image}
There is one troll on a chess server I play at, using several nicknames including senpai, therealsenpai, senpai, gehorchedemsenpai, whatever lol ... he usually trolls there in the lobby for hours. If he gets blocked, he creates a new account
Fix up, trade sharp ...
  • #9,259
  • Mar 25, 2015 10:02am Mar 25, 2015 10:02am
Quoting Hickson
Btw, something very strange happened ... I cannot trade Geppy on my broker today. Cannot find it ... do you have this on your platform as an instrument?
what broker do you use?
  • #9,260
  • Mar 25, 2015 10:10am Mar 25, 2015 10:10am
Quoting AllyB
{quote} what broker do you use?
Well, it was just a joke ... the volatility today does not deserve the name wild dragon.

http://fc09.deviantart.net/fs70/i/20...ewiscullen.jpg
Fix up, trade sharp ...
7 traders viewing now