Dragon Riders GBP/JPY | Page 688 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Enter The Dragon - GBP/JPY 2 replies

Info on the Borihei-Dragon Scalping System? 15 replies

The Dragon 441 replies

Scalping The Dragon 34 replies

***Dragon II*** 15 replies

Attachments: Dragon Riders GBP/JPY
Exit Attachments

Dragon Riders GBP/JPY

  • #13,741
  • Dec 22, 2015 11:31am Dec 22, 2015 11:31am
So many pairs sitting against some serious long term resistance right now. This is very interesting. I am standing at the sidelines until I have a better idea of wind direction. It could change at a moments notice or really pick up from here I think.
  • #13,742
  • Dec 22, 2015 12:44pm Dec 22, 2015 12:44pm
IMO . until now
Look for Up pairs : AUDJPY,NZDJPY,CADJPY,EURJPY,CHFJPY,

USDJPY [ up now]

GBPxxx' is down pairs.

so GBPx down , xJPY up , funny little.
Exits == most important part of your strategy
  • #13,743
  • Dec 22, 2015 2:30pm Dec 22, 2015 2:30pm
Quoting alexpi
{quote} I think this is the TL raiders is watching {image}
I saw that, but considering its never really been tested before, I didn't consider it a trend line. Now if this bounces, that would be a confirmation.
  • #13,744
  • Edited 12:38am Dec 23, 2015 12:20am | Edited 12:38am
GJ Monthly

Make or break time....

I lean break time but thats just me


Also want to add that just because it breaks this line does not mean it will not go back up. JPY is a broken currency and GBP is still the #2 in line to raise rates as far as im concerned. That said any break will be temporary cause this pair will keep on rising until something changes fundamentally in japan
Attached Image (click to enlarge)
Click to Enlarge Name: GJMM.png Size: 51 KB
  • #13,745
  • Dec 23, 2015 12:33am Dec 23, 2015 12:33am
AU Daily

Bottom line is confirmed.

Top line not sold on either the black or the red line, but I lean towards the red one. Either way, dollar is king right now and jpy is right behind it so i lean towards a break to the downside.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD.png Size: 46 KB
  • #13,746
  • Dec 23, 2015 2:42am Dec 23, 2015 2:42am
Don't overtrade! Be safe! Happy holidays!
Fix up, trade sharp ...
  • #13,747
  • Dec 23, 2015 4:00am Dec 23, 2015 4:00am
181
  • #13,748
  • Dec 23, 2015 11:22am Dec 23, 2015 11:22am
Quoting Hickson
Don't overtrade! Be safe! Happy holidays!
Always keen advice I forget often.
  • #13,749
  • Dec 24, 2015 6:46am Dec 24, 2015 6:46am
Quoting alexpi
{quote} Yeah, I'm not opening positions over the holidays, but do still check the market every 3-4 hours while at work. Analysing without thinking about orders, risk management, and positions is a treat 179.2-.0 duly noted as PoI
There we go, 179. Major reference point, if holds room for retracement until 182.
  • #13,750
  • Dec 24, 2015 6:48am Dec 24, 2015 6:48am
merry christmas everyone
Attached Image
  • #13,751
  • Dec 24, 2015 6:58am Dec 24, 2015 6:58am
Quoting FX-Ray
{quote} There we go, 179. Major reference point, if holds room for retracement until 182.
Yep I bought in after this candle. Not sure if I'll hold through Christmas though... It's usually my policy not to hold over the weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: sketch-1450961798274.jpg Size: 306 KB
  • #13,752
  • Dec 24, 2015 7:16am Dec 24, 2015 7:16am
Quoting FX-Ray
merry christmas everyone {image}
Thanks, same to you!
Fix up, trade sharp ...
  • #13,753
  • Dec 24, 2015 7:23am Dec 24, 2015 7:23am
watch out for the Christmas monster low volume. This pair is a volatile beast generall in any case.
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 47 KB
  • #13,754
  • Dec 24, 2015 8:09am Dec 24, 2015 8:09am
Quoting Pip-Miner
watch out for the Christmas monster low volume. This pair is a volatile beast generall in any case. {image}
Stoploss already at break even, it matters none to me. Actually all Christmas week hasn't been bad. This has probably been my best week in a minute.
  • #13,755
  • Dec 24, 2015 9:56am Dec 24, 2015 9:56am
merry Christmas EVERYBODY......you guys got the Spirit...!!
  • #13,756
  • Dec 24, 2015 10:10am Dec 24, 2015 10:10am
Quoting Gbp/jpy
merry Christmas EVERYBODY......you guys got the Spirit...!!

back atcha man..
Look Sharp/Trade Tight
  • #13,757
  • Dec 24, 2015 10:24am Dec 24, 2015 10:24am
A support base at 179 has formed and has allowed for a temporary stabilisation. I'm going to open a long positions above 179 with targets @ 180.15 & 180.6 in extension.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-h1-riston-capital-ltd.png Size: 21 KB
  • #13,758
  • Dec 24, 2015 7:16pm Dec 24, 2015 7:16pm
I really appreciate that.
  • #13,759
  • Edited 9:16pm Dec 27, 2015 8:58pm | Edited 9:16pm
Attached Image

Long term : 80 - 500 pips
All those magenta line are resistance line , any bar break it and then close below the line is down.
Exits == most important part of your strategy
  • #13,760
  • Dec 27, 2015 10:50pm Dec 27, 2015 10:50pm
Quoting edmun1388
{image} Long term : 80 - 500 pips All those magenta line are resistance line , any bar break it and then close below the line is down.
edmun1388, what direction you mean with "long term: 80 - 500 pips'? I am still bearish here and would like to see 177 level
22 traders viewing now