Dragon Riders GBP/JPY

Quoting gabe32

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And resistance was busted through. Ring the bells all, ring the bells.

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Quoting Hickson

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{quote} It went through like a knife through butter. I am watching 185.60-50, that should become support now. If not I will probably think about taking profit.

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Quoting gabe32

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{quote} Same here, if we invalidate this move. Im taking profit. And will probably open another short up. Need to make up for my failed EUR/USD profit. Sold at 1.06500 was gonna set my stoploss at 1.0700 but I was tired an not thinking. (It was 1am here, I set my alarm every 4hr) and I set it at .06800 instead. And got stopped out in the spike before it dropped. I woke up and actually started yelling when I saw the drop it made and added up mentally all the profit I missed out on.

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Quoting Hickson

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{quote} I have been there mate, hate when it happens ... but there is nothing we can do about it. Last year in december I shorted EU around 1.26 ... got s/o by a few on the spike and then it was just one move down until now ... what can you do except go on?

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Quoting gabe32

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{quote} That's what I've been telling myself. Carry on bud, carry on.

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Quoting Hickson

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Closed, cannot risk all my profit with just one position left. Maybe another long around 185. {quote} I am chopping on this tree for two years now. I get up every day, analysing the market before work and get punched in the face that day. I get up the next day and get punched in the face. I think I am at a point where I just do not care any more - It is too late for me: I will have to go on until I make it. I am not build for a "normal" life, just envy people who are - yet it might not all be so shiny as it often seems.

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Quoting FX-Ray

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{quote} almost there, if 185.38/25 support next 185.88/75

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Quoting FX-Ray

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{quote} 185.88/75 printed and rejected, currently watching 185.38/25; if support then next 185.88/75; if resistance then next 184.75/68 {image}

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Quoting gespiri

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{quote} Hi Hicks, you can't get discouraged like this.....not after all what everyone's been through with this pair! A wise Infinitus once shared with me a Daily Pivot Point EA which you could probably find in his thread "The Club." This closely follows Ray's levels on a daily basis so check that one out. For example, prices reversed at 186.77 which was R1 on the DPP, which happens to be one of Ray's DPs. That should give you some clarity.

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Quoting gabe32

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{quote} Bar chart's eh? Never did get into those.But yes, my sentiments fall with yours. Though as I stated I'll see what the 4hr prints up. I found with my strategy. That jumping the gun and not waiting on my 4hr. I get burned sometimes. I'd rather lose a little profit then miss out on bigger profit.That's just me though. We all have our unique ways. That's what makes trading awesome.

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