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Dragon Riders GBP/JPY

  • #12,741
  • Nov 17, 2015 8:03am Nov 17, 2015 8:03am
Quoting FX-Ray
{quote} done; I'd like to see a takeout for continuation, otherwise Ill take partial here. Add(1): still long Add(2): If 187.75/50 support then TP 188.25/00 {image}
Excellent stuff, looks good to me.
  • #12,742
  • Nov 17, 2015 8:21am Nov 17, 2015 8:21am
It will be nice if this can come back down and pick up some buy orders... an ascending triangle on the weekly chart. This is going to explode anytime soon.
  • #12,743
  • Nov 17, 2015 8:38am Nov 17, 2015 8:38am
Quoting FX-Ray
{quote} done; I'd like to see a takeout for continuation, otherwise Ill take partial here. Add(1): still long Add(2): If 187.75/50 support then TP 188.25/00 {image}
With you on that one Ray, built some longs from what I identify as the 1/4

I've got this great indicator by the way that makes green and blue lines. Any buyers?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 48 KB
  • #12,744
  • Nov 17, 2015 8:42am Nov 17, 2015 8:42am
Quoting alexpi
{quote} With you on that one Ray, built some longs from what I identify as the 1/4 I've got this great indicator by the way that makes green and blue lines. Any buyers? {image}
187.75/63 still not taken out. Rejected, would like to see that takeout + support, dont risk too much on this one

Add: nice trade tho
  • #12,745
  • Nov 17, 2015 8:43am Nov 17, 2015 8:43am
Seems like it has been a good trading day so far ... looks like I can delete these ... lol... Geppy way too fast to get on the train for me ...

funny rejection of 187.690 on the pip ... and some still believe you can only trade the market with stops like at least 60-100 pips on larger TFs. But I do not believe them, because the market tells different things.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 4 KB
Fix up, trade sharp ...
  • #12,746
  • Nov 17, 2015 8:45am Nov 17, 2015 8:45am
Quoting FX-Ray
{quote} 187.75/63 still not taken out. Rejected, would like to see that takeout + support, dont risk too much on this one
It's at BE now, cheers got 10 other trades atm, 8 in profit at BE sl so all is good. All hail the blue and green lines
  • #12,747
  • Nov 17, 2015 8:46am Nov 17, 2015 8:46am
Quoting alexpi
{quote} It's at BE now, cheers got 10 other trades atm, 8 in profit at BE sl so all is good. All hail the blue and green lines
good one
  • #12,748
  • Nov 17, 2015 8:48am Nov 17, 2015 8:48am
Quoting Hickson
Seems like it has been a good trading day so far ... looks like I can delete these ... lol... Geppy way too fast to get on the train for me ... funny rejection of 187.690 on the pip ... and some still believe you can only trade the market with stops like at least 60-100 pips on larger TFs. But I do not believe them, because the market tells different things. {image}
Hmm nice position you had there , why close it instead of letting it run ??
  • #12,749
  • Nov 17, 2015 8:51am Nov 17, 2015 8:51am
Cmon honey, take it out
  • #12,750
  • Nov 17, 2015 8:51am Nov 17, 2015 8:51am
Quoting IveGotQuads
{quote} Hmm nice position you had there , why close it instead of letting it run ??
It never got filled.

long for the breakout, good RR.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 3 KB
Fix up, trade sharp ...
  • #12,751
  • Nov 17, 2015 8:55am Nov 17, 2015 8:55am
Quoting Hickson
{quote} It never got filled.
Sucks, anyway there will be numerous opportunities before the year runs out.
  • #12,752
  • Nov 17, 2015 8:55am Nov 17, 2015 8:55am
Quoting Hickson
long for the breakout, good RR. {image}
be careful

if breakout upside target 188.25/13
  • #12,753
  • Nov 17, 2015 8:56am Nov 17, 2015 8:56am
Quoting FX-Ray
{quote} be careful if breakout upside target 188.25/13
Yes, only small one. Will lose 0.65 % if wrong.
Fix up, trade sharp ...
  • #12,754
  • Nov 17, 2015 8:56am Nov 17, 2015 8:56am
Quoting IveGotQuads
{quote} Sucks, anyway there will be numerous opportunities before the year runs out.
Id like to quote:

"29. Don't ever fret about a missed opportunity. There is always another one just around the
corner. Besides, several just happened that you didn't even know about."
  • #12,755
  • Nov 17, 2015 8:56am Nov 17, 2015 8:56am
Quoting Hickson
{quote} Yes, only small one. Will lose 0.65 % if wrong.
dat was a you-got-balls-trade
  • #12,756
  • Nov 17, 2015 8:57am Nov 17, 2015 8:57am
Quoting Hickson
{quote} It never got filled. long for the breakout, good RR. {image}
Yes I am looking at the breakout but i'm more conservative and will be waiting 30 mins for a pull back continuation. Habits don't die easy.
  • #12,757
  • Nov 17, 2015 8:57am Nov 17, 2015 8:57am
Quoting FX-Ray
{quote} good one


Have you tried options trading Ray? I mean plain old vanilla stock options - buying call/put contracts and holding for a while then selling the contracts.

I've been reading cboe and a few other sources and would like to try paper trading before deciding if I want to get into the real market but can't seem to find a good platform.... Got any suggestions? Would be appreciated...
  • #12,758
  • Nov 17, 2015 8:59am Nov 17, 2015 8:59am
Quoting IveGotQuads
{quote} Sucks, anyway there will be numerous opportunities before the year runs out.
Exactly. Traditionally I got slayed in december and january in past years. Here is the reason why:

1) wild gaps and volatility I was not used to

2) spread widening, killing my stops

3) trying to scalp

Now I think if you can get a good position ... try to ride it into christmas/new year. I will not make a lot of money with this small account anyway, regardless of skill. So all I can do is to build my trading skill to get money from elsewhere eventually to carry on with my journey.

Quoting IveGotQuads
{quote} Yes I am looking at the breakout but i'm more conservative and will be waiting 30 mins for a pull back continuation. Habits don't die easy.
I think nothing wrong with that. I would not dare this too with a bigger position. Just the RR is too juicy here if the high breaks fast.
Fix up, trade sharp ...
  • #12,759
  • Nov 17, 2015 9:00am Nov 17, 2015 9:00am
im going short @187.69 sl 187.89 lets gamble
I will try my best to learn forex.
  • #12,760
  • Nov 17, 2015 9:00am Nov 17, 2015 9:00am
Quoting FX-Ray
{quote} Id like to quote: "29. Don't ever fret about a missed opportunity. There is always another one just around the corner. Besides, several just happened that you didn't even know about."
Nice , that book changed my trading for the better !!!
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