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Dragon Riders GBP/JPY

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  • Post #14,001
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  • Jan 13, 2016 5:37am Jan 13, 2016 5:37am
  •  Big Bruv
  • | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
I'm more on the long term view/trade - so I am still short. I see no reason what so ever to go long.
 
 
  • Post #14,002
  • Quote
  • Jan 13, 2016 6:11am Jan 13, 2016 6:11am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
Quoting Big Bruv
Disliked
I'm more on the long term view/trade - so I am still short. I see no reason what so ever to go long.
Ignored
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Exits == most important part of your strategy
 
 
  • Post #14,003
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  • Jan 13, 2016 10:07pm Jan 13, 2016 10:07pm
  •  raiders
  • Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
AU...who knows it it happens, but if it makes a swing up here to the 7060 area im gonna drop short on it
 
 
  • Post #14,004
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  • Jan 13, 2016 11:42pm Jan 13, 2016 11:42pm
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
Gold is a buy......long term even.
 
 
  • Post #14,005
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  • Jan 14, 2016 1:48am Jan 14, 2016 1:48am
  •  raiders
  • Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
Quoting raiders
Disliked
AU...who knows it it happens, but if it makes a swing up here to the 7060 area im gonna drop short on it
Ignored
:nerd:watching it like a hawk. a rejection from 7060 down through the recent low would be huge. not posting charts on it and not riding it up, but it would be E in an expanding diagonal. looking for about 500 pips off that mark.
 
 
  • Post #14,006
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  • Jan 14, 2016 4:16am Jan 14, 2016 4:16am
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
Selling euro and eurgbp now......hopin
 
 
  • Post #14,007
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  • Jan 14, 2016 7:11am Jan 14, 2016 7:11am
  •  Johankort
  • | Joined Jan 2015 | Status: Member | 21 Posts
Why the spike up? Numbers GBP are as expected.
 
 
  • Post #14,008
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  • Jan 14, 2016 11:38am Jan 14, 2016 11:38am
  •  raiders
  • Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
1 more rejection from 169 and im going long on this sucker
 
 
  • Post #14,009
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  • Jan 14, 2016 12:03pm Jan 14, 2016 12:03pm
  •  ochiroo20
  • | Joined Oct 2011 | Status: Archer | 53 Posts
what do you think guys about this divergence...?
i've got long
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If You try Destiny'll try...
 
 
  • Post #14,010
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  • Jan 14, 2016 12:18pm Jan 14, 2016 12:18pm
  •  raiders
  • Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
Quoting ochiroo20
Disliked
what do you think guys about this divergence...? i've got long{image}
Ignored
Thats what im seeing. although one of my trendlines is in a different spot. Same idea though
 
 
  • Post #14,011
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  • Jan 14, 2016 12:30pm Jan 14, 2016 12:30pm
  •  ochiroo20
  • | Joined Oct 2011 | Status: Archer | 53 Posts
Quoting raiders
Disliked
{quote} Thats what im seeing. although one of my trendlines is in a different spot. Same idea though
Ignored
Good luck man.
If You try Destiny'll try...
 
 
  • Post #14,012
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  • Jan 14, 2016 1:03pm Jan 14, 2016 1:03pm
  •  bladerogers
  • | Joined Apr 2015 | Status: Member | 201 Posts
To soon to say, but the last 4H candle looks like it's possibly turning.
 
 
  • Post #14,013
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  • Jan 14, 2016 1:55pm Jan 14, 2016 1:55pm
  •  Hickson
  • Joined Jan 2014 | Status: Less is more ... | 8,896 Posts
Quoting Big Bruv
Disliked
I'm more on the long term view/trade - so I am still short. I see no reason what so ever to go long.
Ignored
I agree, it looks too early for longs.
Fix up, trade sharp ...
 
 
  • Post #14,014
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  • Jan 14, 2016 2:06pm Jan 14, 2016 2:06pm
  •  raiders
  • Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
Quoting ochiroo20
Disliked
{quote} Good luck man.
Ignored
same to you!
Im not long yet, like i said im waiting in hopes of another test of 169. If it breaks consolidation in will re-evaluate but as of right now i see GU begging for another short as if GBPCHF. That said sitting on my hands.

What really has my interest is the AU. Like i said before 7060ish is where im looking to drop a hammer. Hopefully it gets up there and rejects a few hours prior to US news so i have a bit of a cushion. But if it keeps the pattern im gonna be very happy
 
 
  • Post #14,015
  • Quote
  • Jan 14, 2016 2:49pm Jan 14, 2016 2:49pm
  •  darkmorg
  • | Joined Nov 2008 | Status: salvation lies within | 53 Posts
This will be one of those inspirational posts from a vet that I hope catches that one person's eye and shows them direction.

It's been years since I've posted on a Geppy thread. Guess this is the new hotness. Anyway, let's get to the trade.

So I'm all about the bigger move. Gave up day trading 50 pips at a clip to daily/weekly trade hundreds. I suggest you do the same before you lose sight. Jim Rogers even said if he looks at anything less than a daily chart he loses money. Are you smarter than a billionaire? Know of any self made billionaire day traders? Didn't think so. It's all about the bigger move.

So here we go. The only lines I trust on a chart are the ones I draw. And my secret is Fibo Retracements work better as predictors. Use the Golden Ratio and your own eyes. When you draw one channel line, copy it and drag it lower/higher to give yourself perspective.

From outside in, the Weekly, the Daily, and she even looks good on the M5
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peace and love
 
 
  • Post #14,016
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  • Jan 14, 2016 5:28pm Jan 14, 2016 5:28pm
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
Quoting Hickson
Disliked
{quote} I agree, it looks too early for longs.
Ignored
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target 10 ema white,
 
 
  • Post #14,017
  • Quote
  • Edited 10:12pm Jan 14, 2016 9:50pm | Edited 10:12pm
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
Cool, for the last two hours, the 30 minute mark has reversed the price.....volatility in the air on a Friday morning..,,

trading asia goes like this for fun.....it's that old timey 7:42 pm New York time trade....it has so many levels and the rules are set in stone....it always gets 11 pips then goes on for more or reverses, then goes in the same direction again giving just 6 pips, I do 7.

but anyone can see what the P A does at 1 hour earlier then at about 7:42 pm 7:53 or 6:26 are the bounds seen, rade in the same direction for 20 minutes and T P...

then reverse after seeing the 30M chart entering at 3 minutes after the mark......taking profit every 20 minute mark and re-entering at 3 after the mark.......

it makes basketball bounces which run out of energy every bounce, just like it does on Sunday......trading only the first three hours or less
 
 
  • Post #14,018
  • Quote
  • Jan 14, 2016 11:17pm Jan 14, 2016 11:17pm
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
already short from 169.894
Exits == most important part of your strategy
 
 
  • Post #14,019
  • Quote
  • Jan 14, 2016 11:52pm Jan 14, 2016 11:52pm
  •  da_voodoo
  • | Joined Aug 2011 | Status: Junior Member | 1 Post
Quoting edmun1388
Disliked
already short from 169.894
Ignored
Short from 170.29. Where is your TP, plz ? My TP 166.70, but i don't think it's really real )) 168.60 is the more real
 
 
  • Post #14,020
  • Quote
  • Jan 15, 2016 2:37am Jan 15, 2016 2:37am
  •  alexpi
  • | Joined Jan 2015 | Status: On Discipline Road | 933 Posts
If 1h closes over 169.5 gonna attempt to build a long again. Two of my positions from the other day were BE trades and one was a minor profit
 
 
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