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Dragon Riders GBP/JPY

  • #10,201
  • Apr 10, 2015 7:05am Apr 10, 2015 7:05am
Quoting Vermillion
I'm in favor of hitting 175.50/30 for gbp/jpy, 1.456100-ish for gbp/usd. Must...resist...temptation to take profit.....
Take partial if you feel the need to
  • #10,202
  • Apr 10, 2015 7:08am Apr 10, 2015 7:08am
Quoting anima999
{quote} I didn't see any orders on your charts. What was your entry price, buy/sell, stop loss, target profit?

Yeah, I took them off so it didnt look to busy.

I set these last night when I posted the charts.

I have a sell order placed at 175.538 SL 176.660

I dont set TP. I was told never to do this and to keep an eye on SL instead.

Looks like I will be in the market soon, but lost nearly 200 pips from caution
  • #10,203
  • Apr 10, 2015 7:10am Apr 10, 2015 7:10am
Quoting FX-Ray
{quote} Take partial if you feel the need to
*gasp* No! Get thee hence, you fiendish devil! Tempt not my poor beleaguered soul.

All or nothing. I'm just moving my hard SLs. Partials? Nooooooo. I. NEED. MAH. 1.45600

I should lay off the caffeine.
  • #10,204
  • Apr 10, 2015 7:11am Apr 10, 2015 7:11am
Quoting Vermillion
{quote} *gasp* No! Get thee hence, you fiendish devil! Tempt not my poor beleaguered soul. All or nothing. I'm just moving my hard SLs. Partials? Nooooooo. I. NEED. MAH. 1.45600 I should lay off the caffeine.
lmfao
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  • #10,205
  • Apr 10, 2015 7:13am Apr 10, 2015 7:13am
I took it i'm in SL 174.4 will add if we test 175. We took out almost the entire QE move which makes this a great price as I said the last time I was longing this area. If we break 175/174.5 then 170's it will be.
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  • #10,206
  • Apr 10, 2015 7:16am Apr 10, 2015 7:16am
Watching @ 175.625, if this price gets rejected and get back into DP 175.80/70, we could see a retracement.
  • #10,207
  • Apr 10, 2015 7:18am Apr 10, 2015 7:18am
Quoting FX-Ray
{quote} lmfao {image}
Dante....? Is that you? IS THAT YOU, DAAAANTE?!?!?!?!

I want a pizza. I can probably buy around 210 large pies with today's profit......mmmm....sausage, four seasons, italian, vegetarian's delight...
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  • #10,208
  • Apr 10, 2015 7:19am Apr 10, 2015 7:19am
Lower boundary 70ish got rejected, If DP 175.80/70 support, next probably 1/2 176.85/75, need to overcome 176.00 though, if resistance, pay attention to 176.625 for 1/2 175.40/30
  • #10,209
  • Apr 10, 2015 7:25am Apr 10, 2015 7:25am
Some sick turnovers

Add: Run honey, show them who is boss in FX
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  • #10,210
  • Apr 10, 2015 7:27am Apr 10, 2015 7:27am
Quoting FX-Ray
{quote} Need ... to... resist... Anyway: Whats your entry, you think its worth the extra 50 pips? {image}
Yes it is worth it.

I got off the pullback bench at 176.2 (stop now at break even). I missed all of this morning as I was running and doing other domestic stuff. Falling knifes etc. Just had to wait for atleast one green 1H candle before jumping in. What I need is for Ray to sell some more Mega-lots and move the market down further ;-P
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  • #10,211
  • Apr 10, 2015 7:28am Apr 10, 2015 7:28am
Quoting anima999
{quote} Yes it is worth it. I got off the pullback bench at 176.2 (stop now at break even). I missed all of this morning as I was running and doing other domestic stuff. Falling knifes etc. Just had to wait for atleast one green 1H candle before jumping in. What I need is for Ray to sell some more Mega-lots and move the market down further ;-P {image}
We are still in DP. I dont know what is going to happen from here on, well nobody does, all I know some thing will happen

Add: If I get one straight move to DP 175.00/4.90; I gonna buy (reverse) there for pre-weekend squeeze
  • #10,212
  • Apr 10, 2015 7:31am Apr 10, 2015 7:31am
Quoting FX-Ray
Lower boundary 70ish got rejected, If DP 175.80/70 support, next probably 1/2 176.85/75, need to overcome 176.00 though, if resistance, pay attention to 176.625 for 1/2 175.40/30
Have you got anything on EU mate! I have some areas marked.
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  • #10,213
  • Apr 10, 2015 7:31am Apr 10, 2015 7:31am
Quoting Talzus
{quote} Yeah, I took them off so it didnt look to busy. I set these last night when I posted the charts. I have a sell order placed at 175.538 SL 176.660 I dont set TP. I was told never to do this and to keep an eye on SL instead. Looks like I will be in the market soon, but lost nearly 200 pips from caution
Not too worry, the important thing now is not to get emotional or get FOMO (fear of missing out)
If that happens you will definately lose money...that lesson cost me, and probably everyone else here money to learn.
The market will be here tomorrow is a famous saying.

I'll plot your orders and stops a bit later and tell you what I think(promise). Right now I have to paint the bedroom or the wife will make me sleep in the garden shed tonight....no fun for me...mean while Vermillion is out on the town throwing pips around.
  • #10,214
  • Apr 10, 2015 7:32am Apr 10, 2015 7:32am
Quoting anima999
{quote} Not too worry, the important thing now is not to get emotional or get FOMO (fear of missing out) If that happens you will definately lose money...that lesson cost me, and probably everyone else here money to learn. The market will be here tomorrow is a famous saying. I'll plot your orders and stops a bit later and tell you what I think(promise). Right now I have to paint the bedroom or the wife will make me sleep in the garden shed tonight....no fun for me...mean while Vermillion is out on the town throwing pips around.
Did you invent that? Added to vocabulary #FomoButNoHomo
  • #10,215
  • Apr 10, 2015 7:33am Apr 10, 2015 7:33am
Quoting FX-Ray
{quote} We are still in DP. I dont know what is going to happen from here on, well nobody does, all I know some thing will happen Add: If I get one straight move to DP 175.00/4.90; I gonna buy (reverse) there for pre-weekend squeeze
That line on my chart at 175 is a buy order.
  • #10,216
  • Apr 10, 2015 7:34am Apr 10, 2015 7:34am
Quoting anima999
{quote} That line on my chart at 175 is a buy order.
You know its funny to see the buying but price doesnt increase atm
  • #10,217
  • Apr 10, 2015 7:39am Apr 10, 2015 7:39am
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  • #10,218
  • Apr 10, 2015 7:39am Apr 10, 2015 7:39am
70ish got rejected again, waiting got a third test to see what on the cards.
  • #10,219
  • Apr 10, 2015 7:44am Apr 10, 2015 7:44am
Quoting FX-Ray
70ish got rejected again, waiting got a third test to see what on the cards.
It may be the current daily low, if it prints above 176 again, I take partial for 300 pips.
  • #10,220
  • Apr 10, 2015 7:44am Apr 10, 2015 7:44am
Quoting anima999
{quote} Not too worry, the important thing now is not to get emotional or get FOMO (fear of missing out) If that happens you will definately lose money...that lesson cost me, and probably everyone else here money to learn. The market will be here tomorrow is a famous saying. I'll plot your orders and stops a bit later and tell you what I think(promise). Right now I have to paint the bedroom or the wife will make me sleep in the garden shed tonight....no fun for me...mean while Vermillion is out on the town throwing pips around.

Thank you... The annoying thing mostly is my analysis was kind of right. But my entrance was WAAAAY off! haha.. I dont know what to do from here so I will just sit this out now til Monday and watch instead. Better than wasting money from fear of loss like you say.

Would be great if you could plot them for me. I will learn from them.

Small steps I guess, I'll get there one day.

Thank you all for helping a newbie out. It was fun to read along even if I'm not fully understanding what's going on.

FX-Ray, you seem like a hero! I've enjoyed following today.

Happy Trading everyone.
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