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Dragon Riders GBP/JPY

  • #11,981
  • Oct 1, 2015 12:41am Oct 1, 2015 12:41am
Quoting Gbp/jpy
Anyone else get the feeling a big move is coming right up?
hope so. it closed back above the trend line so im looking up again
  • #11,982
  • Oct 1, 2015 4:41am Oct 1, 2015 4:41am
1/3 retracement off the daily move. It's pretty likely it will move again. If it came back 50%, it'd likely be stagnant. At this point IMO, it's primed to move yet again. Like FX-Ray said, it's probably going to go back to the move from the yen devaluation.
  • #11,983
  • Oct 1, 2015 8:14am Oct 1, 2015 8:14am
Quoting 4xNewGuy
1/3 retracement off the daily move. It's pretty likely it will move again. If it came back 50%, it'd likely be stagnant. At this point IMO, it's primed to move yet again. Like FX-Ray said, it's probably going to go back to the move from the yen devaluation.
181.00 is still holding price back for printing lower. For futher continuation up I got 182.00/1.70 as reference.
  • #11,984
  • Oct 1, 2015 8:26am Oct 1, 2015 8:26am
Numbers confirming significance of 181.20/00 (181), if broken next short target is DP 179.40/20.
Next major long target 184.60/50 or/and DP 186.60/40.
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  • #11,985
  • Oct 1, 2015 8:28am Oct 1, 2015 8:28am
Quoting HareshBM
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. {image}
The pair still holding the 181.00 mark support. Need to wait for a confirmation before hitting the sell button...

  • #11,986
  • Oct 1, 2015 8:50am Oct 1, 2015 8:50am
Quoting FX-Ray
Numbers confirming significance of 181.20/00 (181), if broken next short target is DP 179.40/20. Next major long target 184.60/50 or/and DP 186.60/40. {image}
Add: daily view
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  • #11,987
  • Oct 1, 2015 9:07am Oct 1, 2015 9:07am
Quoting FX-Ray
{quote} Add: daily view {image} {image}
Add: today's profile

(a) 181.90/80
(b) 181.40/20
Attached Image (click to enlarge)
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  • #11,988
  • Oct 1, 2015 9:10am Oct 1, 2015 9:10am
Quoting FX-Ray
{quote} Add: today's profile (a) 181.90/80 (b) 181.40/20 {image}
As always, excellent work Fx-Ray. Well done dude, no one gives this to anyone what you give to everyone.
  • #11,989
  • Oct 1, 2015 10:23am Oct 1, 2015 10:23am
Quoting FX-Ray
{quote} Add: today's profile (a) 181.90/80 (b) 181.40/20 {image}
.
Was waiting whole day for your post much appreciated, learned alot from you. A big thank you
  • #11,990
  • Oct 1, 2015 10:06pm Oct 1, 2015 10:06pm
I though this pair will see 178 on today to end of next week
  • #11,991
  • Oct 1, 2015 11:23pm Oct 1, 2015 11:23pm
no idea where its headed but im leaning real hard towards dropping a sell order at 182 with a tight sl
  • #11,992
  • Oct 1, 2015 11:48pm Oct 1, 2015 11:48pm
long from 181.277
SL: 182.375 (edited to secure $)
TP1: 182.550
TP2: 182.850

Watch the S&P/MACD

Also, it hasn't retraced back down to the 181.130 area since resting it on multiple occasions.
Thoughts?
  • #11,993
  • Oct 2, 2015 1:02am Oct 2, 2015 1:02am
Quoting stillmetoday
long from 181.277 SL: 182.375 (edited to secure $) TP1: 182.550 TP2: 182.850 Watch the S&P/MACD Also, it hasn't retraced back down to the 181.130 area since resting it on multiple occasions. Thoughts?
i see a slight bearish divergence. also the bounce twice from 182 is making me feel like were just gonna settle in between until the news comes out maybe? not sure but if you look at GBPCAD its sitting on a cliff too as are alot of the GBP pairs. makes me feel like a sneeze will push it over the edge.
  • #11,994
  • Edited 6:11am Oct 2, 2015 5:57am | Edited 6:11am
Quoting FX-Ray
{quote} Add: today's profile (a) 181.90/80 (b) 181.40/20 {image}
there we go, daily low @ 181.40/30; next target 182.70/60; Add: 182.00/1.70 needs to hold as support for long
  • #11,995
  • Oct 2, 2015 6:20am Oct 2, 2015 6:20am
USD/JPY is there where it should be
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  • #11,996
  • Edited 7:57am Oct 2, 2015 7:37am | Edited 7:57am
Quoting FX-Ray
{quote} there we go, daily low @ 181.40/30; next target 182.70/60; Add: 182.00/1.70 needs to hold as support for long
TP 182.70/60 printed and rejected.

Add: Back into 181.40/30, if positive next probably 181.90/80, if negative next is 180.95/85 and 180.40

Add(2): took a long 40/30; stop below today's low; first target 181.90/80;
  • #11,997
  • Oct 2, 2015 7:57am Oct 2, 2015 7:57am
Quoting FX-Ray
{quote} TP 182.70/60 Printed and rejected. Add: Back into 181.40/30, if positive next probably 181.90/80, if negative next is 180.95/85 and 180.40 Add(2): took a long 40/30; stop below today's low; first target 181.90/80;
  • #11,998
  • Oct 2, 2015 8:34am Oct 2, 2015 8:34am
Quoting workingforex
{quote}
got stopped out on the first attempt, got in way too early, nevermind, second attempt @ 95/85 SL: 80

Add(1): If I get stopped out on this one, flat and I'll wait.
Add(2): 183.40/10 first target, optimally. (dont think this week )
Add(3): 181.90/80 crucial for continuation.

Inserted Video
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  • #11,999
  • Oct 2, 2015 9:34am Oct 2, 2015 9:34am
Quoting FX-Ray
{quote} got stopped out on the first attempt, got in way too early, nevermind, second attempt @ 95/85 SL: 80 Add(1): If I get stopped out on this one, flat and I'll wait. Add(2): 183.40/10 first target, optimally. (dont think this week ) Add(3): 181.90/80 crucial for continuation. https://www.youtube.com/watch?v=_N8_9r_EfqQ {image}
Okay, am flat, call it a week and move to weekend.
  • #12,000
  • Oct 2, 2015 10:20am Oct 2, 2015 10:20am
I think the IMF is tanking the US dollar on purpose.....next two weeks will show...
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