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Dragon Riders GBP/JPY

  • #13,761
  • Dec 28, 2015 12:46am Dec 28, 2015 12:46am
Quoting beryl
{quote} edmun1388, what direction you mean with "long term: 80 - 500 pips'? I am still bearish here and would like to see 177 level
Now is as long as price not close above 180.03 , still as bearish.
Exits == most important part of your strategy
  • #13,762
  • Edited 1:02am Dec 28, 2015 12:51am | Edited 1:02am
perhaps a breach of 180.15 could turn the tide, and maybe provide a play for a bounce..I might be a buyer at 179.50, risk 30, and try for 182.00 if the opportunity presents itself...
Look Sharp/Trade Tight
  • #13,763
  • Dec 28, 2015 1:08am Dec 28, 2015 1:08am
Could be one of the major trades for 2016. Below 175 could mean a massive H&S Top. (Weekly chart: A little longer term)
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  • #13,764
  • Dec 28, 2015 6:57am Dec 28, 2015 6:57am

The Way to a Happy New Year



To leave the old with a burst of song
To recall the right and forgive the wrong;

To forget the thing that binds you fast
To the vain regrets of the year that's past;

To have the strength to let go your hold
Of the not worthwhile of the days grown old,

To dare to go forth with a purpose true,
To the unknown task of the year that's new;

To help your brother along the road
To do his work and lift his load;

To add your gift to the world's good cheer,
Is to have and to give a
Happy New Year.

  • #13,765
  • Edited 8:30am Dec 28, 2015 7:17am | Edited 8:30am
Quoting PayTheLimit
perhaps a breach of 180.15 could turn the tide, and maybe provide a play for a bounce..I might be a buyer at 179.50, risk 30, and try for 182.00 if the opportunity presents itself...
hey PTL long time my friend

I am lookin to buy at 179.00/179.00 and not sure about TP but probably around 179.55

missed that trade earlier but hey I am still on holiday
  • #13,766
  • Dec 28, 2015 7:37am Dec 28, 2015 7:37am
i see the short target to 177.13. Plz watch out!!!
  • #13,767
  • Dec 28, 2015 9:59am Dec 28, 2015 9:59am
Quoting datdle
i see the short target to 177.13. Plz watch out!!!
that is my target too!
  • #13,768
  • Dec 28, 2015 11:26am Dec 28, 2015 11:26am
Time [ Oanda -5 server] : 14:25
Direction now : Bearish M30
Long term Bull : price GJ close above 179.77 [ target 50 -500 pips ]
Exits == most important part of your strategy
  • #13,769
  • Edited 10:44pm Dec 28, 2015 9:50pm | Edited 10:44pm
Time : 1700 long.
Sorry wrong image.
Exits == most important part of your strategy
  • #13,770
  • Dec 29, 2015 12:25am Dec 29, 2015 12:25am
  •  Zinot
  • | Joined Dec 2015 | Status: VUIP - Very UnImportant Person | 138 Posts
Hello everyone! This is my first post in these forums and I am looking forward to folllow this thread in particulary... I had in 2015 the best results with GBPJPY and try to follow these numbers in 2016. Unfortunately the last few posts show that your opinions are slightly bullish. I still have short online with following stats:

183.292 initial entry
176.254 tp
180.28 sl (moved)

Am I not seeing the change in sentiment? My systems shows me no reversal signs...
Insanity: doing the same over and over again & expecting different results!
  • #13,771
  • Dec 29, 2015 1:34am Dec 29, 2015 1:34am
Quoting Zinot
Hello everyone! This is my first post in these forums and I am looking forward to folllow this thread in particulary... I had in 2015 the best results with GBPJPY and try to follow these numbers in 2016. Unfortunately the last few posts show that your opinions are slightly bullish. I still have short online with following stats: 183.292 initial entry 176.254 tp 180.28 sl (moved) Am I not seeing the change in sentiment? My systems shows me no reversal signs...
Yes , long term short start from 7/12 till now at 185.200 .
Exits == most important part of your strategy
  • #13,772
  • Dec 29, 2015 3:43am Dec 29, 2015 3:43am
GBPJPY the next support will be 175.30
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  • #13,773
  • Dec 29, 2015 6:18am Dec 29, 2015 6:18am
Quoting fxmax
GBPJPY the next support will be 175.30 {image}
I dont think so. It is can NOT drop to 175.3. My view is got the lowest is 175.6, but it is hard to happen.
it should roll back to 180.00 after it touch 178.0
  • #13,774
  • Dec 29, 2015 7:45am Dec 29, 2015 7:45am
so you dont think this pair can do an extra 30 pips huh.....

anyways, just dropped a short on AU. bounce off a long term trendline...been waiting for this since last week....lets see how it goes
  • #13,775
  • Dec 29, 2015 2:50pm Dec 29, 2015 2:50pm
Had to buy that move crud, it is 200 pips from the former important 180.22

Just watching that calendar....30th is figuring in.....oil is driving the moves these days
  • #13,776
  • Dec 29, 2015 4:16pm Dec 29, 2015 4:16pm
How is oil driving GBP/JPY?
Fix up, trade sharp ...
  • #13,777
  • Dec 29, 2015 6:22pm Dec 29, 2015 6:22pm
forgot to add earlier...i saw a good spot to drop a short on EURGBP at .738 initital tp is .73ish and if that goes then .7050 is on the menu
  • #13,778
  • Dec 29, 2015 6:44pm Dec 29, 2015 6:44pm
Eurgbp is a sell......up to 7587. Turn coming huh
  • #13,779
  • Dec 29, 2015 7:00pm Dec 29, 2015 7:00pm
Quoting fxmax
GBPJPY the next support will be 175.30 {image}
That's what I think too..
  • #13,780
  • Dec 29, 2015 8:46pm Dec 29, 2015 8:46pm
Yes, that oil is driving gold and the cad jpg .reflecting in Japan bonds...too

Oil may drop till February 4
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