Attachments: Dragon Riders GBP/JPY

Dragon Riders GBP/JPY

#12,581
Nov 11, 2015 1:57am Nov 11, 2015 1:57am

taciho
Joined Jun 2013 | Status: Trader | 194 Posts

Pre data target 187 probably

#12,582
Nov 11, 2015 2:56am Nov 11, 2015 2:56am

Hickson
Joined Jan 2014 | Status: Less is more ... | 9,059 Posts

Chop, chop, chop ....

Fix up, trade sharp ...

#12,583
Nov 11, 2015 3:38am Nov 11, 2015 3:38am

taciho
Joined Jun 2013 | Status: Trader | 194 Posts

Boring reaction tbh, see more upside for GBPJPY.

#12,584
Nov 11, 2015 3:40am Nov 11, 2015 3:40am

hein23
| Joined Dec 2014 | Status: Trader | 84 Posts

its probably a bank holiday in us

I will try my best to learn forex.

#12,585
Nov 11, 2015 3:46am Nov 11, 2015 3:46am

Hickson
Joined Jan 2014 | Status: Less is more ... | 9,059 Posts

Got chopped up, but cheap. Do not know what to do, so do nothing.

Fix up, trade sharp ...

#12,586
Nov 11, 2015 4:49am Nov 11, 2015 4:49am

raiders
Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts

Quoting Temujin

Disliked

{quote} Actually it was not FX Crunch it was some Deutsche Bank Analyst. Forex Crunch just posted the article. The reasons I'm short here at 186 are totally different however. When I saw the Bank of Japan take a pass on any new stimulus that was the first sign. The next was the Bank of England. They voted not to raise rates and won't do so until 2016. The third would be the slower and lower growth for longer. That story has not gone away. The credit expansion recovery is pretty much maxed out. This short trade of mine will run for weeks so I sold...

Ignored

if 178 hits that means got a significant break in the trendline that goes back years. that said,178 might just be the tip of the iceberg in a longer downtrend

i guess only 1 way to find out

#12,587
Nov 11, 2015 5:09am Nov 11, 2015 5:09am

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

Quoting Temujin

Disliked

Actually it was not FX Crunch it was some Deutsche Bank Analyst. [...]

Ignored

then the epic fail goes to the "Deutsche Bank Analyst", and for forexcrunch to re-post it. I dont see 178 yet except for some unexpected event, just not yet. Instead watching my target filled @ 187.00/875

Quoting raiders

Disliked

{quote} if 178 hits that means got a significant break in the trendline that goes back years. that said,178 might just be the tip of the iceberg in a longer downtrendi guess only 1 way to find out

Ignored

181.00/88 is support, double bottom on the daily. Above 188.38/25 + continuation next is 194, there is just no short yet.

#12,588
Nov 11, 2015 5:15am Nov 11, 2015 5:15am

raiders
Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts

no doubt ray. im still on the long train too. no change in the fundamentals

#12,589
Nov 11, 2015 5:34am Nov 11, 2015 5:34am

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

Quoting raiders

Disliked

no doubt ray. im still on the long train too. no change in the fundamentals

Ignored

We may see a deeper retracement since there are some untested levels. But those needs to get printed in the first place.

#12,590
Nov 11, 2015 5:38am Nov 11, 2015 5:38am

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

Quoting raiders

Disliked

no doubt ray. im still on the long train too. no change in the fundamentals

Ignored

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#12,591
Nov 11, 2015 5:46am Nov 11, 2015 5:46am

taciho
Joined Jun 2013 | Status: Trader | 194 Posts

Watch out for a bull trap. Looks weak right now

#12,592
Nov 11, 2015 5:50am Nov 11, 2015 5:50am

Hickson
Joined Jan 2014 | Status: Less is more ... | 9,059 Posts

Quoting taciho

Disliked

Watch out for a bull trap. Looks weak right now

Ignored

How does this V-shaped reversal look weak?

Fix up, trade sharp ...

#12,593
Nov 11, 2015 5:53am Nov 11, 2015 5:53am

hein23
| Joined Dec 2014 | Status: Trader | 84 Posts

i think its still in uptrend mode have no idea if i am wrong or not

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I will try my best to learn forex.

#12,594
Nov 11, 2015 5:56am Nov 11, 2015 5:56am

alexpi
| Joined Jan 2015 | Status: On Discipline Road | 933 Posts

Quoting taciho

Disliked

Watch out for a bull trap. Looks weak right now

Ignored

I would agree if it closes under 186.56 on the 1H

#12,595
Nov 11, 2015 5:58am Nov 11, 2015 5:58am

taciho
Joined Jun 2013 | Status: Trader | 194 Posts

Quoting Hickson

Disliked

{quote} How does this V-shaped reversal look weak?

Ignored

I can tell by watching the volumes

#12,596
Nov 11, 2015 6:00am Nov 11, 2015 6:00am

raiders
Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts

was working on this yesterday thought id share.

thoughts?

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#12,597
Nov 11, 2015 6:04am Nov 11, 2015 6:04am

Hickson
Joined Jan 2014 | Status: Less is more ... | 9,059 Posts

Quoting taciho

Disliked

{quote} I can tell by watching the volumes

Ignored

volumes in FX?

Fix up, trade sharp ...

#12,598
Edited 6:22am Nov 11, 2015 6:08am | Edited 6:22am

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

Quoting FX-Ray

Disliked

{quote} Hi Hick, after friday close price unable to print that level, if you recall we had the same situation with 4th September, as I said unable to print 375, 50 rejected, strength. Price continued but tested it that untested 375 a day later, sell-off day 5th November. I dont know if it gets tested sooner or later but its worth to have a look at that level. So far I watch this: 187.75/625 187.00/87.5 186.00/87.5 185.625/50 185.25/125 184.50/250 {image}

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