Dragon Riders GBP/JPY

Quoting Vermillion

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{quote} Hmmm. For the geppy, if we make a clear break past 176.850, I doubt we'll get our TL triggered-I'm assuming we're both either using trailing stops or manually adjusting our TLs. More worried about the eur/usd. I'm tempted to short it for a prolonged period (~month) to get it down to 1.040 range or so, but we may still hit 1.11000 yet.

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Quoting Piprader

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{quote} Hi Ray just want to touch base and say thank you for this information I find it very helpful and I am sure many others find it helpful to all the best to you

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Quoting thegmann

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{quote} took the long at 176.574, been sitting aside for a while last few days taking a shot now. Closed out my GN and GA longs at 1.96 and 1.90 earlier today. Think we are going to get another retest of TLs on both pairs before possible reversal. AU looks like wants .80 area and NU .78 have pending shorts 1.11 for EU for long term hold towards parity see if gets triggered sometime this or next week. {image}

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Quoting FX-Ray

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{quote} There is no way to know. Just apply you trading plan there and wait what is gonna happen. Add: 1st scenario: it holds and test of 1/2 177.35/25 2nd scenario: it breaks and test of DP 175.80/70 Thats all there is. Add(1): If you would like to have some confirmation, you'd like to see something like this for the upside, otherwise its just going down further. Add(2): Keep both sides in mind, anytime, there is no right or wrong. {image} {image}

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Quoting FX-Ray

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{quote} Just watch that 80/75

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Quoting anima999

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Nice day, managed to bag 50pips earlier. Nice reading on wiki Ray.

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Quoting FX-Ray

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{quote} Anyone got that long?

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Quoting FX-Ray

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{quote} Glad you like it. It's just the tip of the iceberg. There is so much more..

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Quoting thegmann

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{quote} took the long at 176.574, been sitting aside for a while last few days taking a shot now. Closed out my GN and GA longs at 1.96 and 1.90 earlier today. Think we are going to get another retest of TLs on both pairs before possible reversal. AU looks like wants .80 area and NU .78 have pending shorts 1.11 for EU for long term hold towards parity see if gets triggered sometime this or next week. {image}

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Quoting anima999

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{quote} How did you end up in trading if you don't mind me asking? Volatility should start to drop off soon. Maybe Asia will come up trumps again.

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Quoting FX-Ray

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{quote} Anyone got that long? Add: 1.5 pips drawdown

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Quoting Piprader

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{quote} Sure did a bit late got long @ 176.64 thanks to your DP WIZARDRY , I am steadily working through your magnificent thread think might need some new glasses' s soon ha ha so glad I came across your Dragon Riders thread long way for me to go yet

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Quoting FX-Ray

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{quote} Oh wait.. I feel a great disturbance in the force... Add: dont forget to take part of your profits. {image}

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Quoting Piprader

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{quote} Sure did a bit late got long @ 176.64 thanks to your DP WIZARDRY , I am steadily working through your magnificent thread think might need some new glasses' s soon ha ha so glad I came across your Dragon Riders thread long way for me to go yet

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Quoting FX-Ray

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{quote} The journey is the destination. {image}

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Quoting Piprader

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{quote} Got a good supply of coffee and vodka to assist me along the way

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Quoting FX-Ray

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{quote} Stick to the coffee {image}

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