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Dragon Riders GBP/JPY

  • #13,441
  • Dec 8, 2015 7:22am Dec 8, 2015 7:22am
mad as hell I closed out. Once again what I get for thinking I'm slick
  • #13,442
  • Dec 8, 2015 7:26am Dec 8, 2015 7:26am
Quoting FX-Ray
184.50/25 broken; if G/J resumes next optimal TP 182.88/75 Add: Anyway, also got 183.75/63 on screen, minor DP
  • #13,443
  • Dec 8, 2015 7:27am Dec 8, 2015 7:27am
Just don't let it get to you raiders, you could have made worse choices in this scenario I still haven't seen any long signals
  • #13,444
  • Dec 8, 2015 7:39am Dec 8, 2015 7:39am
Quoting Vermillion
Woke up to see shorts from 185.30 gone. I started panicking, thinking I got stopped out. Then I saw my balance and the TP target and knew better. Trying a long from 184, hard SL 183.70. TP targets are currently the fibonacci retracement areas from 186.30. I might leave early though; it fell quicker than expected.
Testing 184....if this fails, I'll probably be on standby to leave my position. If it succeeds, targeting 184.60/50 and 185.30/20 as initial targets
  • #13,445
  • Dec 8, 2015 7:43am Dec 8, 2015 7:43am
Quoting Vermillion
{quote} Testing 184....if this fails, I'll probably be on standby to leave my position. If it succeeds, targeting 184.60/50 and 185.30/20 as initial targets
my target is 185.45

got a 20 pip SL
  • #13,446
  • Dec 8, 2015 7:47am Dec 8, 2015 7:47am
Quoting AllyB
{quote} my target is 185.45 got a 20 pip SL
I got this so far Ally
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  • #13,447
  • Dec 8, 2015 7:55am Dec 8, 2015 7:55am
Quoting FX-Ray
{quote} I got this so far Ally {image}
I will keep an eye on that 184.37 area

Thanks

I also have3 184.50/184.75 as a watch or DP too
  • #13,448
  • Dec 8, 2015 7:58am Dec 8, 2015 7:58am
Quoting AllyB
{quote} I will keep an eye on that 184.37 area Thanks I also have3 184.50/184.75 as a watch or DP too
Spot on
  • #13,449
  • Dec 8, 2015 8:01am Dec 8, 2015 8:01am
Quoting AllyB
{quote} I will keep an eye on that 184.37 area Thanks I also have3 184.50/184.75 as a watch or DP too
I'd say it's closer to being a watch rather than a DP; the main worry IMO is getting past the 184.00/70 deadlock for the intraday bounce. Hopefully we'll both be right in our analysis.
  • #13,450
  • Dec 8, 2015 8:09am Dec 8, 2015 8:09am
Quoting Vermillion
{quote} I'd say it's closer to being a watch rather than a DP; the main worry IMO is getting past the 184.00/70 deadlock for the intraday bounce. Hopefully we'll both be right in our analysis.
agree

to me 184 is a speed bump

we got fxray on our side also ... how can we miss
  • #13,451
  • Dec 8, 2015 8:27am Dec 8, 2015 8:27am
Quoting AllyB
{quote} agree to me 184 is a speed bump we got fxray on our side also ... how can we miss
True. If this was last year, I'd consider it good odds, But with all that's been happening in 2015, what with the SNB shock, BOE leaks, and not to mention global events, I've been preparing myself for worst case scenarios this year.Trading the euro on the eve of Grexit fears was a nightmare.
  • #13,452
  • Dec 8, 2015 8:54am Dec 8, 2015 8:54am
Quoting Vermillion
{quote} True. If this was last year, I'd consider it good odds, But with all that's been happening in 2015, what with the SNB shock, BOE leaks, and not to mention global events, I've been preparing myself for worst case scenarios this year.Trading the euro on the eve of Grexit fears was a nightmare.
so far so good ... now NY don't mess it up
  • #13,453
  • Dec 8, 2015 9:38am Dec 8, 2015 9:38am
Looks like big moves today on Geppy ... just checked my platform after work on EUR/AUD ... took the trade for a swing short this morning ... so close
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Fix up, trade sharp ...
  • #13,454
  • Dec 8, 2015 9:39am Dec 8, 2015 9:39am
Quoting AllyB
{quote} so far so good ... now NY don't mess it up
H4

183.88/75 rejected.
184.38/25 being tested.

Add: nice trade
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  • #13,455
  • Dec 8, 2015 9:45am Dec 8, 2015 9:45am
check the volume around 184. So many different levels of support there. It's gonna be a bitch. I think it goes though but temporarily. The move back up through it will be a serious fight though because we just keep getting funky data out of the U.K.. Remember the recent up move broke down at 618. 184 is the 50. Theoretically we could be in the middle of a major drop (c wave) so there will be lots of carnage at this level. Lots of sellers eyeing what could be a monster payout if the 50 goes and they are aiming for the next fib. Still in the camp that old faithful will hold but things are gonna be dicey for the next few days seeing how close our old trendline has gotten to this level.
  • #13,456
  • Dec 8, 2015 9:52am Dec 8, 2015 9:52am
Quoting FX-Ray
{quote} H4 183.88/75 rejected. 184.38/25 being tested. Add: nice trade {image}
testing one two three
  • #13,457
  • Dec 8, 2015 9:54am Dec 8, 2015 9:54am
Quoting raiders
check the volume around 184. So many different levels of support there. It's gonna be a bitch. I think it goes though but temporarily. The move back up through it will be a serious fight though because we just keep getting funky data out of the U.K.. Remember the recent up move broke down at 618. 184 is the 50. Theoretically we could be in the middle of a major drop (c wave) so there will be lots of carnage at this level. Lots of sellers eyeing what could be a monster payout if the 50 goes and they are aiming for the next fib. Still in the camp...
price cant remain for long around 184, time-wise + it proofed significance in october
  • #13,458
  • Dec 8, 2015 10:01am Dec 8, 2015 10:01am
Quoting AllyB
{quote} testing one two three
Yeah done Still got 3 days this week. test of 183.88/75 also possible scenario optimally with rejection for continuation for upside
Opposite scenario still short optimal target 182.88/75
  • #13,459
  • Dec 8, 2015 10:14am Dec 8, 2015 10:14am
Quoting FX-Ray
{quote} price cant remain for long around 184, time-wise + it proofed significance in october
I hate trading the UC but I will prob be shorting that bad boy tomorrow if it can can touch 1.366ish or wherever/whenever that upper trendline hovering i posted earlier gets touched. Sellers got anxious today and seem to be jumping the gun early...no patience. 1 more day of usd strength.

Then I think were gonna see some a little usd dollar weakness leading into the 16th. This will hopefully allow the bounce GU is in dire need of and hopefully it will allow GJ to gain strength as well and bounce off the trendline.
  • #13,460
  • Dec 8, 2015 10:17am Dec 8, 2015 10:17am
Quoting FX-Ray
{quote} Yeah done Still got 3 days this week. test of 183.88/75 also possible scenario optimally with rejection for continuation for upside Opposite scenario still short optimal target 182.88/75
technically this move should push price past the declining trendline from the expanding triangle. That puts 182.88 in the crosshairs for me too
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