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Dragon Riders GBP/JPY

  • #13,221
  • Dec 2, 2015 11:36am Dec 2, 2015 11:36am
Been super busy haven't put on too many new positions in a while just holding some longer term trades but I did just put on another long at 184.2. Feel this is a good price to enter for good r/r for upside trade back towards 188-190 range. Cheers.
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  • #13,222
  • Dec 2, 2015 11:37am Dec 2, 2015 11:37am
anyways, long at 184.2 tp 186
  • #13,223
  • Dec 2, 2015 11:38am Dec 2, 2015 11:38am
Quoting thegmann
Been super busy haven't put on too many new positions in a while just holding some longer term trades but I did just put on another long at 184.2. Feel this is a good price to enter for good r/r for upside trade back towards 188-190 range. Cheers. {image}
i agree. possible expanding wave pattern here
  • #13,224
  • Dec 2, 2015 11:41am Dec 2, 2015 11:41am
Quoting raiders
{quote} i agree. possible expanding wave pattern here
Saw good buying demand also everything lined up with my charts. We recently made a HH in this ranging trading we have had over the last few weeks for me r/r favors upside but we'll see.
  • #13,225
  • Dec 2, 2015 11:51am Dec 2, 2015 11:51am
Quoting Hickson
{quote} Maybe he went long with all his money for 188 + without sl ...
No, I'm just buying when it' going up and shorting when it's going down.

This market profile "method" is completely useless - just like any other "method". Simple "observation" is better than any "method", "strategy" or "system"
Shift happens...
  • #13,226
  • Dec 2, 2015 11:53am Dec 2, 2015 11:53am
Quoting blackgeorge
{quote} No, I'm just buying when it' going up and shorting when it's going down. This market profile "method" is completely useless - just like any other "method". Simple "observation" is better than any "method", "strategy" or "system"
Ok, so what's your point posting in a thread based on market profile trading then? Saying it is useless. Ok cool, we got that. So what it's worth now?
Fix up, trade sharp ...
  • #13,227
  • Dec 2, 2015 11:55am Dec 2, 2015 11:55am
Quoting Hickson
{quote} Well done, that LL on H1 got me thinking, so Geppy showed me I suck at trading once again, have to be better ...
Look at patterns and price action with rays levels ..I use Murray Math Lines which is similar to rays s/r levels ..Looks like Head & Shoulder pattern playing out ..
  • #13,228
  • Dec 2, 2015 11:58am Dec 2, 2015 11:58am
Quoting Hickson
{quote} Ok, so what's your point posting in a thread based on market profile trading then? Saying it is useless. Ok cool, we got that. So what it's worth now?
GBP/JPY is my favroite pair, and this is the most active geppy thread.

But I just can't resist when I see from this:

Quoting FX-Ray
{quote} 185.88/63 printed; intraday support 185.63/50 Before 188.60 I got 188.38/25
to this in less than 8 hours

Quoting FX-Ray
(Current) Majors: 185.38/32 184.81/69 {image}
Shift happens...
  • #13,229
  • Dec 2, 2015 12:01pm Dec 2, 2015 12:01pm
Quoting blackgeorge
{quote} GBP/JPY is my favroite pair, and this is the most active geppy thread. But I just can't resist when I see from this: {quote} to this in less than 8 hours {quote}
Everyone is smart after the facts ...

Quoting trader1024
{quote} Look at patterns and price action with rays levels ..I use Murray Math Lines which is similar to rays s/r levels ..Looks like Head & Shoulder pattern playing out ..
Normally just use naked charts, makes me less biased.
Fix up, trade sharp ...
  • #13,230
  • Dec 2, 2015 12:07pm Dec 2, 2015 12:07pm
Quoting Hickson
Everyone is smart after the facts ...
Exactly, and this guy (who is selling this "magnificent" market profile system) is an example of that kind of smart.

Talking about 188 for days and then just showing up with 184.6 when it's 30 pips away from that figure. Give me a break...
Shift happens...
  • #13,231
  • Dec 2, 2015 12:09pm Dec 2, 2015 12:09pm
Quoting blackgeorge
{quote} Exactly, and this guy (who is selling this "magnificent" market profile system) is an example of that kind of smart. Talking about 188 for days and then just showing up with 184.6 when it's 30 pips away from that figure. Give me a break...
Never saw him sell anything ... really do not get your point, maybe you should continue with him via pm.
Fix up, trade sharp ...
  • #13,232
  • Dec 2, 2015 12:10pm Dec 2, 2015 12:10pm
{quote} Normally just use naked charts, makes me less biased.[/quote]
I think so too ...But I do use some sort of S/R Levels and Patterns formations .Waiting for 184.34 to break
  • #13,233
  • Dec 2, 2015 12:12pm Dec 2, 2015 12:12pm
Quoting ktoTam
pending short 185.797 risking few for new lows
had to try small long now @ 184.400 for 187
sl few points below low
Time is your friend; impulse is your enemy.
  • #13,234
  • Dec 2, 2015 12:20pm Dec 2, 2015 12:20pm
I am also long again. Strong rejection off last weeks low on 4H. Let's see what the market wants.
  • #13,235
  • Dec 2, 2015 12:23pm Dec 2, 2015 12:23pm
Quoting Hickson
{quote} Never saw him sell anything ... really do not get your point, maybe you should continue with him via pm.
Why would I? I don't have any problem with him, or anyone else here...

My point is that these numbers he is throwing away are completely meaningless. Is it going to go up or down - he doesn't have a clue. He only knows that something is going to happen around those levels (really?), and usually nothing happens - the price just cut through those levels like a hot knife through a butter
Shift happens...
  • #13,236
  • Dec 2, 2015 12:29pm Dec 2, 2015 12:29pm
gold hit it's low just now so maybe we'll get a climb-out...gold went to 1050, with the S and P not going as high as when gold down to 1054, cool
my stop at 184.17 got hit by just 5 pips.....so I'll go long at 2:30 pm in New York, then watch the after market in the American session...is good plan yes? he he
  • #13,237
  • Dec 2, 2015 12:30pm Dec 2, 2015 12:30pm
better don't touch this till next week...scary...
When Scalpers win, I lose and Vice varsa...
  • #13,238
  • Dec 2, 2015 12:36pm Dec 2, 2015 12:36pm
Quoting blackgeorge
{quote} Why would I? I don't have any problem with him, or anyone else here... My point is that these numbers he is throwing away are completely meaningless. Is it going to go up or down - he doesn't have a clue. He only knows that something is going to happen around those levels (really?), and usually nothing happens - the price just cut through those levels like a hot knife through a butter
I'm pretty sure you don't understand market profiling. "The price just cuts through those levels like a hot knife" Nowhere does Ray say its supposed to bounce off those levels everytime. They are levels to watch an see what happens. If it cuts through one, watch for the next batch of numbers an see how it reacts there. Farther up you posted how he had higher numbers he was calling for. Yes he was, if it didn't drop down through support. When it does he starts looking at the lower point of interest Numbers.While I don't use is strategy, it does give me another angle to use in how I trade. Sometimes his numbers an my S/R lines come close. I'd have to say he's pretty accurate in what he does.
  • #13,239
  • Dec 2, 2015 1:02pm Dec 2, 2015 1:02pm
Quoting blackgeorge
{quote} Why would I? I don't have any problem with him, or anyone else here... My point is that these numbers he is throwing away are completely meaningless. Is it going to go up or down - he doesn't have a clue. He only knows that something is going to happen around those levels (really?), and usually nothing happens - the price just cut through those levels like a hot knife through a butter
BLACKGEORGE - You better talk about yourself and your contributions, market is always going up and down what is new in that. Please don't point fingers to anyone here, especially to a person who has helped many understand what it is. If you can't get anything does not mean you can start saying whatever you want to.

My polite and humble request, please leave and never come back if you don't like whatever you see here, we don't need you/neither your opinion.

PS Add: If I don't get Newton's law, does not mean that law does not exist, means I need to increase my understanding to get it right!!
  • #13,240
  • Dec 2, 2015 1:14pm Dec 2, 2015 1:14pm
Quoting workingforex
{quote} BLACKGEORGE - You better talk about yourself and your contributions, market is always going up and down what is new in that. Please don't point fingers to anyone here, especially to a person who has helped many understand what it is. If you can't get anything does not mean you can start saying whatever you want to. My polite and humble request, please leave and never come back if you don't like whatever you see here, we don't need you/neither your opinion. PS Add: If I don't get Newton's law, does not mean that law does not exist, means...
Chill out, dude - this is public forum and everybody can state his/her opinion. I'm certainly not "leaving" - if you don't like my posts, you can simply ignore them.

I like your projections - "WE don't need you/neither your opinion"

Look, if YOU don't agree, it certainly doesn't mean that "we" (whoever might that be) don't need it (as a matter of fact, I'm sure a lot of traders need to be told that this system is a complete waste of time and that they are going to lose money if they follow it). I am going to continue posting here or wherever else I want.
Shift happens...
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