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Dragon Riders GBP/JPY

  • #13,181
  • Dec 1, 2015 11:37am Dec 1, 2015 11:37am
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Fix up, trade sharp ...
  • #13,182
  • Dec 1, 2015 2:04pm Dec 1, 2015 2:04pm
i like that 4H look.....
  • #13,183
  • Dec 1, 2015 5:12pm Dec 1, 2015 5:12pm
Dragon under pressure for pullback. Taking caution on Longs.
  • #13,184
  • Dec 1, 2015 5:34pm Dec 1, 2015 5:34pm
(Current)

Majors:

185.38/32
184.81/69
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  • #13,185
  • Dec 1, 2015 5:36pm Dec 1, 2015 5:36pm
Quoting sethsera
{quote} thanks is there a way to download the video here ?
I dont know, its hosted by CME, it wont disappear
  • #13,186
  • Dec 1, 2015 5:36pm Dec 1, 2015 5:36pm
Quoting kingrex
Dragon under pressure for pullback. Taking caution on Longs.
Seems like it got rejected off an up the weekly pivot. But ether way, I have two positions open in small profit waiting for further proof of next trend direction.
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  • #13,187
  • Dec 1, 2015 7:47pm Dec 1, 2015 7:47pm
Quoting FX-Ray
(Current) Majors: 185.38/32 184.81/69 {image}
Agree. Almost identical to mine: 185.80, 185.35, 185, 184.56
  • #13,188
  • Dec 1, 2015 9:12pm Dec 1, 2015 9:12pm
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Exits == most important part of your strategy
  • #13,189
  • Dec 1, 2015 10:47pm Dec 1, 2015 10:47pm
hey, I found a picture of a pound yen trader....he's hoping to just break even I guess......

Attached Image
  • #13,190
  • Dec 1, 2015 11:10pm Dec 1, 2015 11:10pm
lol
  • #13,191
  • Dec 1, 2015 11:15pm Dec 1, 2015 11:15pm
GU droping for the past few hours. I get the feeling it wants those 10-15 pips it left on the table sunday.
GJ in a bullish channel but seems to be making a bearish flag at the bottom of it.
Holding for more confirmation.

I can see both pairs dropping tonight on UK news.
GJ hitting the Nov low area agin and GU to take what it left behind. Then back up
  • #13,192
  • Dec 1, 2015 11:47pm Dec 1, 2015 11:47pm
Where price GJ will go ?????
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Exits == most important part of your strategy
  • #13,193
  • Dec 2, 2015 1:55am Dec 2, 2015 1:55am
Quoting Gbp/jpy
hey, I found a picture of a pound yen trader....he's hoping to just break even I guess...... {image}
Looks like stressful institutional scalping with market depth
Fix up, trade sharp ...
  • #13,194
  • Dec 2, 2015 2:02am Dec 2, 2015 2:02am
I rode the dragon and quickly got off.
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  • #13,195
  • Dec 2, 2015 2:23am Dec 2, 2015 2:23am
Quoting NoobPie
I rode the dragon and quickly got off. {image}
Watch your free margin, that looks critical to me ... just an advice.
Fix up, trade sharp ...
  • #13,196
  • Dec 2, 2015 2:28am Dec 2, 2015 2:28am
Quoting Hickson
{quote} Watch your free margin, that looks critical to me ... just an advice.
Thank you for the advice, but that is the way that I scalp these pairs. I keep the sl tight so I'm willing to give up more then 4-5 pips. Yet looking at it now, GBP/JPY is now 11 pips higher then where i exited, without any of the bull candles on the 5m to have been engulfed. I trailed to tight.
  • #13,197
  • Dec 2, 2015 2:31am Dec 2, 2015 2:31am
Quoting NoobPie
{quote} Thank you for the advice, but that is the way that I scalp these pairs. I keep the sl tight so I'm willing to give up more then 4-5 pips. Yet looking at it now, GBP/JPY is now 11 pips higher then where i exited, without any of the bull candles on the 5m to have been engulfed. I trailed to tight.

Ok, I am not a scalper, but looked like playing with a lot of leverage.
Fix up, trade sharp ...
  • #13,198
  • Dec 2, 2015 2:54am Dec 2, 2015 2:54am
I was sleeping on the opportunity to reload. That 185.35 ish was a good chance to long again.
Fix up, trade sharp ...
  • #13,199
  • Dec 2, 2015 3:37am Dec 2, 2015 3:37am
Quoting FX-Ray
{quote} I dont know, its hosted by CME, it wont disappear
i'd like to review it offline but i'll probably just get a video grabber like snagit to record it
  • #13,200
  • Dec 2, 2015 4:13am Dec 2, 2015 4:13am
M1 chart:
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Fix up, trade sharp ...
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