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Dragon Riders GBP/JPY

  • #13,301
  • Dec 4, 2015 1:32am Dec 4, 2015 1:32am
Quoting alexpi
Personally waiting for 185.08 and if it gets there gonna see if there are any buy signals
Exits == most important part of your strategy
  • #13,302
  • Dec 4, 2015 1:57am Dec 4, 2015 1:57am
Ok, so Franky set London to trade GbpJpy from R1 185.19 up to R2 185.79
to trade GbpUsd from R1 1.0583 up to R2 5135

Buy GbpUsd at 5093
Buy GbpJpy at 185.33
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_16 Dec. 04 09.56.jpg Size: 106 KB
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  • #13,303
  • Dec 4, 2015 2:07am Dec 4, 2015 2:07am
here we go
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  • #13,304
  • Dec 4, 2015 2:12am Dec 4, 2015 2:12am
Quoting Feo
here we go
See if it breaks 185.42

Add: not my trade for sure. btw i consider a price level as broken if the candle passes it convincingly and the next candle on that timeframe OHLCs above/below depending on direction
  • #13,305
  • Dec 4, 2015 2:15am Dec 4, 2015 2:15am
closing 1 lot of each at 17min past the hr, moving stop to b/e on remaining lots
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  • #13,306
  • Dec 4, 2015 2:21am Dec 4, 2015 2:21am
Quoting Feo
closing 1 lot of each at 17min past the hr, moving stop to b/e on remaining lots
Closed 1 lot GbpJpy at 133.40 1lot@ +07(moved stop to 133.33 for remainig lot)
Closed 1 lot GbpUsd at 5150 1lot@ +14 (moved stop to 4991 for remaining lot)

Day@ +723
Week@ +824
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  • #13,307
  • Dec 4, 2015 2:26am Dec 4, 2015 2:26am
Quoting Feo
{quote} Closed 1 lot GbpJpy at 133.40 1lot@ +07(moved stop to 133.33 for remainig lot) Closed 1 lot GbpUsd at 5150 1lot@ +14 (moved stop to 4991 for remaining lot) Day@ +723 Week@ +824
Fix up, trade sharp ...
  • #13,308
  • Dec 4, 2015 2:27am Dec 4, 2015 2:27am
Quoting alexpi
{quote} See if it breaks 185.42 Add: not my trade for sure. btw i consider a price level as broken if the candle passes it convincingly and the next candle on that timeframe OHLCs above/below depending on direction
May I inform you of a better way
If you can remember

"2 is 1 and 1 is none"

then you will surely enter your trades with more confidence, and earlier

lol
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  • #13,309
  • Dec 4, 2015 2:29am Dec 4, 2015 2:29am
Quoting Feo
{quote} May I inform you of a better way If you can remember "2 is 1 and 1 is none" then you will surely enter your trades with more confidence, and earlier lol


Add: I was gonna ignore this but I really dislike smartasses like you who can't even follow simple rules. - #Rule 6: Lot-size or account informations of any kind at charts or entry pictures should be hidden by the poster.

If you wanna be a scalper entering trades for 10-15 minutes except in the cases where you get stopped out at margin call enjoy it. Not my thing.

I prefer to measure thrice and enter once for the large moves rather than scalp some pips here and there. If I miss the move I'm just gonna get on the next train in the next direction, whenever it comes and whatever it is.
  • #13,310
  • Dec 4, 2015 2:40am Dec 4, 2015 2:40am
Quoting Feo
{quote} May I inform you of a better way If you can remember "2 is 1 and 1 is none" then you will surely enter your trades with more confidence, and earlier lol
How much is your guru system?
Fix up, trade sharp ...
  • #13,311
  • Dec 4, 2015 2:41am Dec 4, 2015 2:41am
This held so far, however, the 185.50 seems hard to crack atm ...
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 7 KB
Fix up, trade sharp ...
  • #13,312
  • Dec 4, 2015 2:44am Dec 4, 2015 2:44am
Quoting FX-Ray
{quote} Probably a retracement to 185, again. G/J not ready for a directional move yet. Anyway, G/U: 1.5190/80 1.5130/20 1.5088/75 1.4950/38 1.4913/00
G/U update:

1.5190/80 - first long target
1.5130/20 - current resistance
1.5088/75 - current support
1.4950/38 - first short target
1.4913/00 - second short target
  • #13,313
  • Dec 4, 2015 2:45am Dec 4, 2015 2:45am
Quoting Hickson
This held so far, however, the 185.50 seems hard to crack atm ... {image}
Nice trade nonetheless, you took partial?
  • #13,314
  • Dec 4, 2015 2:48am Dec 4, 2015 2:48am
Quoting FX-Ray
{quote} Nice trade nonetheless, you took partial?
I got no chance to open a 2nd position ... it was too fast
Fix up, trade sharp ...
  • #13,315
  • Dec 4, 2015 2:53am Dec 4, 2015 2:53am
Quoting Hickson
{quote} I got no chance to open a 2nd position ... it was too fast
All fine dude, your execution skills definitely improved, keep it
  • #13,316
  • Dec 4, 2015 2:53am Dec 4, 2015 2:53am
Fight between 185.50 and 185.60 now ...
Fix up, trade sharp ...
  • #13,317
  • Dec 4, 2015 2:54am Dec 4, 2015 2:54am
Quoting FX-Ray
{quote} All fine dude, your execution skills definitely improved, keep it
Thanks, I did not notice ... still a long way to go.
Fix up, trade sharp ...
  • #13,318
  • Dec 4, 2015 3:02am Dec 4, 2015 3:02am
Quoting Hickson
Fight between 185.50 and 185.60 now ...
Its trying to crack 186; Yesterday I posted it still needs some time for consolidation.
A decline below 185 could trigger a short back to the lows @ 184, since 185 act as a kind of pivot in this range.
  • #13,319
  • Dec 4, 2015 3:04am Dec 4, 2015 3:04am
FX-Ray, I apologies for having posted my charts this morning.
I only started following this thread on Tuesday, without reading the rules. And I have seen many charts posted this week, that is why a was unaware of the rule.
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  • #13,320
  • Dec 4, 2015 3:05am Dec 4, 2015 3:05am
Closing remaining positions at 7 min past the hr
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