Dragon Riders GBP/JPY

Sorry, man. But many western countries, including the US, are just running fiscal deficits year after year after year. The UK is 2.3trillion pounds in the red which includes bailout money for 2008-2009 crisis. I think the US owes $12trillion (but being a global trading currency they have exceptions). At some point when interest rates go up (and it will), I don't know how it will be able to keep up with its interest obligations. This also applies to the US. As it is, the UK are already penalizing retirees living abroad. US citizens are required to report all overseas income & investments. Why? Because, over time, the taxpayers will eventually pay for all of this debt.

I came up with my levels using consolidation levels on all TFs. If you look at the 4hr chart, we are currently in this level. The question is where it goes from here. Prices tend to magnetize towards these levels occasionally. We might trends sideways here for a while in this box or breakout soon. My bet says up towards 194.74 - 195.84. It could double top there or break upwards to 198-200. I might be wrong. We'll see. I just make sure I use BE stops.

Tempting. Although this is now heading to the daily pivot of 193.46. The daily might be forming a falling star but this pair doesn't really care about candlestick patterns that much.

It has more to do with the channel than the sticks. the sticks only gave me confidence in the bottom of the channel. used the 5m to pick my spot. so far it seems to be holding. will probably move the stop up to 55 in the near future then to break even if it keeps on its current path

exited trade a little above be. price went too far outside the channel

still like what i see. will look to jump back in if price stays above 50

Better not turn into double top. If so im ready Geppy!

buy191.88 or so....I dunno...
p.s. the Holy Spirit distinctly told me to to sell that top..... I was all gung ho but put the brakes to my mindset in a second....that's about how long it took
I had the trades closed in 20 seconds.......cool true story

I'm beginning to think we may go up one more time before we fall, we are holding so far at weekly R1. I guess we'll know in the next few hours or less.

shooting star @ resistance .....

yes...plus the next resistance up there is real closeby....so......

just smoked and saw the future. Monthly candle = up, Weekly = up, Daily finished down. h1, h4 respecting SMA 80 and 200, sooo i'm thinking probably a pop up Sunday before the fall. Keeping an eye on 193.13 if a close below sma 80 on h4 then i'm thinking bears. Looks like it just missed the 61.8 which is also a bit worrisome. Im not sure if it will make another run for 61.8 or not if so then fib extension right?

this week the big boys will buying.......or next due to rate hikes coming to America and britain
see that unsquared candle down at 190.xx I forget where exactly......been watchin that one, you see there used to be one at 191.13.....I caught that one with an entry order....now the one a hundred below it maybe....I gotta tell ya...go buy silver and watch it for a few days....see that trick it does?
does it every day.......gift from God if you live your life in His grip. I gotta tell ya....that's how you know I like ya....

doji , doji everywhere.

Is battling the 200 sma on 1hr. Would like a retrace now please! 193.14 lookin for .76

thinking if it gets down to 192.6ish might be buying depending on what i see

sitting on the line with tails dangling below. went long so i may be in the hole for a few until it decides to go back up.

I hate my broker but better than FXCM. Stupid FIFO rules and cant hedge. Hangin onto a long from .60 but margin call closed it grrr. Opened to many trades.

will continue to hold my shorts..

I have the power to manipulate the market , the more i short , the more it strengthens

Well my long is in profit, I don't know if this thing wants to break through the weekly an monthly pivot or not, which would stop me out. Normally it would want to test 195.xx again. I just don't know at this point.

price was rejected on H&S neckline... 1H chart.