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Dragon Riders GBP/JPY

  • #11,961
  • Sep 29, 2015 7:55am Sep 29, 2015 7:55am
Quoting FX-Ray
{quote} Sounds good Tryfoss except the short scenario atm, this may develope later. Thats what I see, check pic. Short target 181.30/20 is printed, 180.70/60 still open. So if we see a break forget this scenario, 179.20/10 is a justified target then. If not long target is 184.60/50. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily929.jpg Size: 286 KB
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  • #11,962
  • Sep 29, 2015 7:56am Sep 29, 2015 7:56am
The pair seems to be on the verge of breaking below a well-established ascending trend-channel and hence would be an aggressive seller below 181.00 mark for downside targets of 178.50 ahead of 175.50 important support.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily29092015.png Size: 40 KB
  • #11,963
  • Sep 29, 2015 8:37am Sep 29, 2015 8:37am
its fighting hard to stay above the trend line. if it breaks could be bad
  • #11,964
  • Edited 9:19am Sep 29, 2015 9:03am | Edited 9:19am
Quoting raiders
its fighting hard to stay above the trend line. if it breaks could be bad
Still looks positive to me

Add: my attention is @ 183.40/30/20/10/00; if really shorts sitting there, strong momentum expected, just watch it if price reaches there.
  • #11,965
  • Sep 29, 2015 9:35am Sep 29, 2015 9:35am
Quoting FX-Ray
{quote} Still looks positive to me Add: my attention is @ 183.40/30/20/10/00; if really shorts sitting there, strong momentum expected, just watch it if price reaches there.
sounds good to me!
  • #11,966
  • Sep 29, 2015 9:51am Sep 29, 2015 9:51am
Quoting workingforex
{quote} sounds good to me!
Still could see a retest, optimally 180.70/60; if this holds as support and price increases, shorts are in trouble.
  • #11,967
  • Sep 29, 2015 10:10am Sep 29, 2015 10:10am
10-4.....180.00 even for my telescope....top thread at FF huh!! the place to be reading
  • #11,968
  • Sep 29, 2015 10:30am Sep 29, 2015 10:30am
Quoting FX-Ray
{quote} Still looks positive to me Add: my attention is @ 183.40/30/20/10/00; if really shorts sitting there, strong momentum expected, just watch it if price reaches there.
looks positive to me too atm. guess were gonna settle down around here and wait for carney to speak? who knows?? im gonna drop another buy out there at the trend line and see if we get another bounce. guess only time will tell
  • #11,969
  • Sep 29, 2015 11:05am Sep 29, 2015 11:05am
Quoting raiders
{quote} looks positive to me too atm. guess were gonna settle down around here and wait for carney to speak? who knows?? im gonna drop another buy out there at the trend line and see if we get another bounce. guess only time will tell

In doubt wait, always best decision.
  • #11,970
  • Sep 29, 2015 12:02pm Sep 29, 2015 12:02pm
Quoting FX-Ray
{quote} In doubt wait, always best decision.
You are very right. im gonna hold off till he talks
  • #11,971
  • Sep 30, 2015 5:41am Sep 30, 2015 5:41am
Quoting FX-Ray
{quote} Still looks positive to me Add: my attention is @ 183.40/30/20/10/00; if really shorts sitting there, strong momentum expected, just watch it if price reaches there.
Its close..
Attached Image
  • #11,972
  • Sep 30, 2015 7:06am Sep 30, 2015 7:06am
Quoting FX-Ray
{quote} Its close.. {image}

http://www.forexfactory.com/showthre...14#post8516214
The world you desire can be won. It exists.. it is real.. it is possible..
  • #11,973
  • Sep 30, 2015 10:55am Sep 30, 2015 10:55am
Quoting FX-Ray
{quote} Its close.. {image}
well damage was done.....will it stay below the trend line is the question.....9/30 is a killer
  • #11,974
  • Sep 30, 2015 10:56am Sep 30, 2015 10:56am
Quoting raiders
{quote} well damage was done.....will it stay below the trend line is the question.....9/30 is a killer
it rejected that area 183ish+, nonetheless it was a good spot
  • #11,975
  • Sep 30, 2015 11:24am Sep 30, 2015 11:24am
Quoting FX-Ray
{quote} it rejected that area 183ish+, nonetheless it was a good spot
yea...it was perfectly set up for a jump up. no where to go but up from where it was last night.
perfect storm of asia and 9/30 is whats breaking its back imo
current acct came out looking lovely and gdp on track. its just in a tough spot to get hit with all the risk aversion

whatever.....if it consolidates down here im looking for shorts going into tomorrow.
  • #11,976
  • Sep 30, 2015 3:02pm Sep 30, 2015 3:02pm
pretty accurate

http://www.smbc-comics.com/?id=3117
  • #11,977
  • Sep 30, 2015 3:10pm Sep 30, 2015 3:10pm
Quoting raiders
{quote} yea...it was perfectly set up for a jump up. no where to go but up from where it was last night. perfect storm of asia and 9/30 is whats breaking its back imo current acct came out looking lovely and gdp on track. its just in a tough spot to get hit with all the risk aversion whatever.....if it consolidates down here im looking for shorts going into tomorrow.
I got this

184.60/50
182.70/60
181.80/60

Current: 181.26²

180.95/85
180.50/40
179.30/20
177.20/10

175.00 - Major, technically (support) and fundamentally (QE 50Trillon YEN 30th Oct'14)
  • #11,978
  • Sep 30, 2015 5:15pm Sep 30, 2015 5:15pm
does GBPJPY up trend changing ? 2 bearish months !
  • #11,979
  • Sep 30, 2015 9:10pm Sep 30, 2015 9:10pm
So just as I was about to enter on a long...
Attached Image
  • #11,980
  • Sep 30, 2015 10:26pm Sep 30, 2015 10:26pm
Anyone else get the feeling a big move is coming right up?
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