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Dragon Riders GBP/JPY

  • #13,001
  • Edited 10:18am Nov 24, 2015 9:23am | Edited 10:18am
1.496ish in GU is where im looking for a solid bounce

GJ id like to say 184ish which is the 50 fib


EDIT...GU trendline im looking at 1.498
  • #13,002
  • Nov 24, 2015 9:48am Nov 24, 2015 9:48am
Quoting FX-Ray
{quote} if support next 185.75 if resistance next probably 183.50 not sure for short TP yet, will update as soon as it gets clearer. I'd prefer to go long though. Paying attention to 184.50/38
I think this pair will continue it's move lover until geopolitical situation between Turkey and Russia is resolved. What do you think FX-Ray?
  • #13,003
  • Nov 24, 2015 9:56am Nov 24, 2015 9:56am
Quoting Armis
{quote} I think this pair will continue it's move lover until geopolitical situation between Turkey and Russia is resolved. What do you think FX-Ray?
Not sure about the impact regarding G/J; this situation between Russia and Turkey may be short-lived. Not reason enough to short G/J mid to long-term imho.

Add: Anyway, GL
  • #13,004
  • Nov 24, 2015 9:57am Nov 24, 2015 9:57am
H4 key zone for me, loaded once again, now up or I am wrong cheap.
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Fix up, trade sharp ...
  • #13,005
  • Nov 24, 2015 9:59am Nov 24, 2015 9:59am
Quoting raiders
{quote} had this level pegged yesterday as my major zone. havent dropped a buy yet though because id rather be late on this one than early. reason being GU sitting at a possible daily trendline. Wont be able to confirm the trendline until it bounces off, but as of right now its holding. Anyways, if both break im looking for the old trendline which is currently down there around 182.6ish GU doesnt seem to be holding. looking more south in both
Got this so far; below 184.50/38, short TP 183.50 if weakness remains; if strength, this is the low for today, depends on tomorrow if we see continuation.
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  • #13,006
  • Nov 24, 2015 10:14am Nov 24, 2015 10:14am
Quoting FX-Ray
{quote} Not sure about the impact regarding G/J; this situation between Russia and Turkey may be short-lived. Not reason enough to short G/J mid to long-term imho. Add: Anyway, GL
My rationale behind it is safe haven currency buying in times of uncertainty. I've shorted G/J this morning just shy of 186.00 and closed it recently for 140pips. Was thinking maybe to re-enter short on a pull back from 185.2ish if it gets there. But i guess I'll just sit on my hands until market get's it out of the system. Thanks for your input!
  • #13,007
  • Nov 24, 2015 10:19am Nov 24, 2015 10:19am
GU Daily
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  • #13,008
  • Nov 24, 2015 10:25am Nov 24, 2015 10:25am
UJ is at important support..if broken more fireworks..
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When Scalpers win, I lose and Vice varsa...
  • #13,009
  • Nov 24, 2015 10:32am Nov 24, 2015 10:32am
GJ Daily
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  • #13,010
  • Edited 1:30pm Nov 24, 2015 12:46pm | Edited 1:30pm
Long Cable..took it a bit higher.. may add more if comes down..
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When Scalpers win, I lose and Vice varsa...
  • #13,011
  • Nov 24, 2015 1:00pm Nov 24, 2015 1:00pm
same place to reverse as last week....he he

that guys 500 pip block thread lives !!
  • #13,012
  • Nov 24, 2015 1:15pm Nov 24, 2015 1:15pm
Quoting Gbp/jpy
same place to reverse as last week....he he that guys 500 pip block thread lives !!
One week ago we were trading significantly higher, so this cannot be true ...
Fix up, trade sharp ...
  • #13,013
  • Nov 24, 2015 1:26pm Nov 24, 2015 1:26pm
Ray,

Please post levels in cable..

Thank you so much for this wonderful thread.
When Scalpers win, I lose and Vice varsa...
  • #13,014
  • Nov 24, 2015 1:48pm Nov 24, 2015 1:48pm
GBP/JPY daily: That number Ray gave coincidences with a level I was observing. Let us see if it works out.
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Fix up, trade sharp ...
  • #13,015
  • Nov 24, 2015 2:00pm Nov 24, 2015 2:00pm
10=4, has it been that long?....two weeks since the 184.392 low
  • #13,016
  • Nov 24, 2015 2:02pm Nov 24, 2015 2:02pm
Quoting Gbp/jpy
10=4, has it been that long?....two weeks since the 184.392 low
Ok, thanks, you got me puzzled on that one.
Fix up, trade sharp ...
  • #13,017
  • Nov 24, 2015 3:33pm Nov 24, 2015 3:33pm
Strong support in this area.
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persistence and determination alone are omnipotent
  • #13,018
  • Nov 24, 2015 3:37pm Nov 24, 2015 3:37pm
Quoting fx-ray
{quote} got this so far; below 184.50/38, short tp 183.50 if weakness remains; if strength, this is the low for today, depends on tomorrow if we see continuation. {image}
188.38/25
188.00/7.88
187.25/13
186.75/68
185.88/75
185.38/25
184.75/63
183.50/38
183.13/00
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  • #13,019
  • Nov 24, 2015 3:41pm Nov 24, 2015 3:41pm
Quoting Goldflake
Ray, Please post levels in cable.. Thank you so much for this wonderful thread.
1.5300/2.88
1.5238/25
1.5163/50
1.5050/38
1.4963/50 (!) - pay close attention to this price; high probability reversal/continuation, I expect decent volatility there
1.4913/00

And I thank all contributors making this thread possible including you flake
  • #13,020
  • Nov 24, 2015 4:15pm Nov 24, 2015 4:15pm
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Solutions ONLY!!!
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