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Dragon Riders GBP/JPY

  • #13,341
  • Dec 4, 2015 8:31am Dec 4, 2015 8:31am
Quoting thegmann
{quote} If textbook is a shit ton of chop than yeah i guess so lol
Never said it was gonna be pretty lol but take a look at the chart I put up yesterday I think. No idea where it's going. But it's looking like its following a map
  • #13,342
  • Dec 4, 2015 8:38am Dec 4, 2015 8:38am
Quoting thegmann
{quote} If textbook is a shit ton of chop than yeah i guess so lol
Did not want to state it so harsh, but basically that is why I did not see a signal here ... maybe raiders can explain what he means, I am not able to see it.
Fix up, trade sharp ...
  • #13,343
  • Dec 4, 2015 8:40am Dec 4, 2015 8:40am
Quoting raiders
I cant count the waves well, but i do trade patterns and lines.....anyways see the expanding pattern below GJ 30M {image} {image}
This here is what I've been seeing
  • #13,344
  • Dec 4, 2015 8:50am Dec 4, 2015 8:50am
Quoting raiders
{quote} I use the 30 min chart. Double tapped my upper trendline and put a big fat engulfing bear candle there. Even waited for it to close which is me being extra cautious. Also GU still below my bullish point and currently sitting 60ish pips below it now. I done know where it's going but I'm eyeballing our trusty old trendline with this sell
Ok makes sense, could not see it, not using trendlines
Fix up, trade sharp ...
  • #13,345
  • Dec 4, 2015 8:54am Dec 4, 2015 8:54am
Quoting Hickson
{quote} Did not want to state it so harsh, but basically that is why I did not see a signal here ... maybe raiders can explain what he means, I am not able to see it.
I dunno just don't think theres really any "direction" to see here besides short term scalps from the top and bottom of the chop range. I'm just praying AU hits .74 so i can short the hell out of it right now
  • #13,346
  • Dec 4, 2015 8:59am Dec 4, 2015 8:59am
Quoting Goldflake
{quote} Thanks for posting GU levels.. they are really helpful..
You're welcome, 1.5088/75 holding so far, currently trading 30/20; 63/50 also tested, S/R pretty clear here. Hope you had a good day
  • #13,347
  • Dec 4, 2015 9:03am Dec 4, 2015 9:03am
Quoting raiders
{quote} This here is what I've been seeing
Looking at the diagrams - aren't we seeing the bottom right scenario playing out?
  • #13,348
  • Dec 4, 2015 9:05am Dec 4, 2015 9:05am
Quoting thegmann
{quote} I dunno just don't think theres really any "direction" to see here besides short term scalps from the top and bottom of the chop range. I'm just praying AU hits .74 so i can short the hell out of it right now
I hear you 100%. For me, I'm just trusting in my work at this point cause it's gonna be a dog fight. I'm literally not even looking at the chart cause it's driving me crazy lol. If I'm wrong here no big deal just means I shorted instead of bought more. I'll be able to buy back in on Monday or Sunday and we should know the direction definitely by then.
  • #13,349
  • Dec 4, 2015 9:09am Dec 4, 2015 9:09am
Quoting Bramble07
{quote} Looking at the diagrams - aren't we seeing the bottom right scenario playing out?
That's what I'm seeing. But it could be bottom left too since the larger overal trend is bullish. I'm basing my move off of more gbp bearishness and short term GJ bearishness based off the recent break of the channel on the 4h
  • #13,350
  • Dec 4, 2015 9:14am Dec 4, 2015 9:14am
Quoting thegmann
{quote} I dunno just don't think theres really any "direction" to see here besides short term scalps from the top and bottom of the chop range. I'm just praying AU hits .74 so i can short the hell out of it right now
Took it...lets see....
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  • #13,351
  • Dec 4, 2015 9:18am Dec 4, 2015 9:18am
Quoting raiders
{quote} That's what I'm seeing. But it could be bottom left too since the larger overal trend is bullish. I'm basing my move off of more gbp bearishness and short term GJ bearishness based off the recent break of the channel on the 4h
I'm waiting for the latest 4H candle to finish. If it falls back to the 185.650 mark and forms an inverted hammer - i will short on that. If not i will leave and see how the daily plays out
  • #13,352
  • Dec 4, 2015 9:54am Dec 4, 2015 9:54am
Quoting raiders
{quote} That's what I'm seeing. But it could be bottom left too since the larger overal trend is bullish. I'm basing my move off of more gbp bearishness and short term GJ bearishness based off the recent break of the channel on the 4h
Do not like the fact the GU is currently dropping and GJ isnt. Going to exit the trade and wait for more clarity.
  • #13,353
  • Dec 4, 2015 10:21am Dec 4, 2015 10:21am
A daily close above 186 will be nice for GJ anyways adios amigos.
  • #13,354
  • Dec 4, 2015 12:46pm Dec 4, 2015 12:46pm
shorted for 185.0
Time is your friend; impulse is your enemy.
  • #13,355
  • Dec 4, 2015 1:20pm Dec 4, 2015 1:20pm
dont over trade ..
Exits == most important part of your strategy
  • #13,356
  • Dec 4, 2015 7:07pm Dec 4, 2015 7:07pm
Hey Hey....My brother...I'm short till Tuesday...glad to know Ya!!!
  • #13,357
  • Dec 4, 2015 9:13pm Dec 4, 2015 9:13pm
Quoting Gbp/jpy
Hey Hey....My brother...I'm short till Tuesday...glad to know Ya!!!
Oanda spread is 30 pips ......no way to short
Exits == most important part of your strategy
  • #13,358
  • Dec 5, 2015 12:40pm Dec 5, 2015 12:40pm
remember long ago when the Oanda forum was huge......why did that change with the new owners...

I had a "Rex's forex fight club " thread where I was all three fighters...Rex....logicalley and MATHALLEY.

We acted like we were fighting , each from his own frame of reference....with guests such as mohamed ali and dandy don merideth with announcer...from Monday night football...the illustrious Howard Cosell....he he

Oanda plays with the spread like a sword, huh!...now I have 300:1 in Australia and 500:1 in Malta....they hardly ever do the spread change after start-up.

edit...one time Ali said he was reach over there and snatch that rug off Cosells head....on live national broadcast....
  • #13,359
  • Dec 5, 2015 4:59pm Dec 5, 2015 4:59pm
Quoting Gbp/jpy
remember long ago when the Oanda forum was huge......why did that change with the new owners... I had a "Rex's forex fight club " thread where I was all three fighters...Rex....logicalley and MATHALLEY. We acted like we were fighting , each from his own frame of reference....with guests such as mohamed ali and dandy don merideth with announcer...from Monday night football...the illustrious Howard Cosell....he he Oanda plays with the spread like a sword, huh!...now I have 300:1 in Australia and 500:1 in Malta....they hardly ever do the spread change...
I lost it dude, again
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  • #13,360
  • Dec 5, 2015 5:00pm Dec 5, 2015 5:00pm
Quoting edmun1388
{quote} Oanda spread is 30 pips ......no way to short
30? Run!
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