Attachments: Dragon Riders GBP/JPY

Dragon Riders GBP/JPY

Post #9,661
Quote
Mar 31, 2015 6:44am Mar 31, 2015 6:44am

gespiri
Joined Oct 2011 | Status: Lost.... | 2,357 Posts

Quoting Mpt

Disliked

This is an attempt at a most significant time in the life of this pair - a moment that may not be appreciated. It is trying to establish a break and hold under the ....

Ignored

I agree. If or when this breaks its support of 175.5, It might go for the 161.40ish (based on the weekly 200EMA). For now on the hourlies, I'm planning to short between 177.54 - 177.73, SL -10pips.

Lost....

Post #9,662
Quote
Edited 7:31am Mar 31, 2015 7:13am | Edited 7:31am

Mpt
| Joined Nov 2009 | Status: Member | 2,582 Posts

In reply to both - with the monthly rolling over in a few hours - there is no absolute surety that it gets down at all - in the short/medium term. Right now, I think UJ really has to take it down in the next few hours with a fade under about 119.2/3

Post #9,663
Quote
Mar 31, 2015 7:57am Mar 31, 2015 7:57am

wimschutz
| Joined Oct 2013 | Status: Keep it simple!! | 50 Posts

Look like a head and shoulders from my tick chart.

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Post #9,664
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Mar 31, 2015 8:03am Mar 31, 2015 8:03am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

Quoting FX-Ray

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E/U: If 1.0820 positive next probably 1.0885 If 1.0820 negative next probably 1.0660 {image}

Ignored

Took partial at 1.0740

Post #9,665
Quote
Mar 31, 2015 8:03am Mar 31, 2015 8:03am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

DP 178.10/00 rejected. Anyone catched that?

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Post #9,666
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Mar 31, 2015 8:05am Mar 31, 2015 8:05am

wimschutz
| Joined Oct 2013 | Status: Keep it simple!! | 50 Posts

Quoting wimschutz

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Look like a head and shoulders from my tick chart. {image}

Ignored

Yip! This baby want to go south.

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Post #9,667
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Mar 31, 2015 8:07am Mar 31, 2015 8:07am

Mpt
| Joined Nov 2009 | Status: Member | 2,582 Posts

After 20 hours - break down begins

Post #9,668
Quote
Edited 8:20am Mar 31, 2015 8:09am | Edited 8:20am

anima999
| Joined Jan 2015 | Status: Member | 438 Posts

Quoting Mpt

Disliked

After 20 hours - break down begins

Ignored

Cable is sinking aswell.

edit
Maybe not just yet.

Post #9,669
Quote
Mar 31, 2015 8:31am Mar 31, 2015 8:31am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

Quoting workingforex

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{quote} It referring to difference between the DPs. DPs are the decision points given by Fx-Ray. I will post a picture, ask if you still don't get it. {image}

Ignored

Thanks working

Post #9,670
Quote
Mar 31, 2015 8:39am Mar 31, 2015 8:39am

forexalien
Joined Nov 2012 | Status: Member | 13,921 Posts

The MEGA CHOP on GJ may continue as the GBPUSD H4 is nearing a bottom and the USDJPY H4 is nearing a top, this will produce a stronger pound and a stronger yen at the same time making GJ paralyzed still. These other pairs need to get out of sync for the Dragon to awaken again............Aliens Thoughts.........

The More You Learn, The More You Earn.....

Post #9,671
Quote
Mar 31, 2015 8:40am Mar 31, 2015 8:40am

AllyB
Joined Mar 2010 | Status: aka QueenB | 4,808 Posts

Quoting FX-Ray

Disliked

DP 178.10/00 rejected. Anyone catched that? {image}

Ignored

good morning

had a pending sell set a bit above there and it didn't get hit so no

Post #9,672
Quote
Mar 31, 2015 8:47am Mar 31, 2015 8:47am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

Quoting AllyB

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{quote} good morning had a pending sell set a bit above there and it didn't get hit so no

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Middle of the night, I got a great E/U short though

Post #9,673
Quote
Mar 31, 2015 8:51am Mar 31, 2015 8:51am

AllyB
Joined Mar 2010 | Status: aka QueenB | 4,808 Posts

Quoting FX-Ray

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{quote} Middle of the night, I got a great E/U short though

Ignored

good deal lookin for dustbin levels now

Post #9,674
Quote
Mar 31, 2015 8:54am Mar 31, 2015 8:54am

andrern2000
| Joined Sep 2014 | Status: Member | 436 Posts

GBPJPY has been in range again since Mar 26th and shows no sign of breakout.

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Post #9,675
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Mar 31, 2015 9:12am Mar 31, 2015 9:12am

FX-Ray
Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts

Quoting AllyB

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{quote} good deal lookin for dustbin levels now

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Post #9,676
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Mar 31, 2015 9:17am Mar 31, 2015 9:17am

AllyB
Joined Mar 2010 | Status: aka QueenB | 4,808 Posts

Quoting FX-Ray

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{quote} {image}

Ignored

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Post #9,677
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Mar 31, 2015 9:25am Mar 31, 2015 9:25am

Hickson
Joined Jan 2014 | Status: Less is more ... | 8,916 Posts | Online Now

Quoting andrern2000

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GBPJPY has been in range again since Mar 26th and shows no sign of breakout. {image}

Ignored

Yeah, nice chop levels. It turned down just to chop up again ... we need a break in any direction to trade this pair. But whole market is in consolidation again before NFPs as it seems ...

Fix up, trade sharp ...