Dragon Riders GBP/JPY

Possible, the down move has been so brutal that EMAs did not even get tested as it is usually the case in "normal" environments.

yes your right there , email was the same as yesterday ,,

Ongoing selling pressure confirmed on daily ...

This remains a short - until we make two higher highs and 2 higher lows on the daily - i am only looking to stay short.

I will ease of shorts when we hit major support @ 156 (ish)

FYI - I only take along term view ( at best I take 1 trade per month) - so a short term view may be different. I also only trade one way based on the long term trend.

There's that 166.90.... cool....party while the world falls in a judgement......but we will come out after a Devine correction.....I read about it years ago! Everyone picture someone knocking on your door....just open the dang thing

Targeting to buy at 166.16 - 166.30 to start wave 4.

Alright guys, looks like the trade is really paying off. I've re-entered and moved my stop to just below my average entry price. This is now a no risk trade =). Remember what I said guys, it's all about the bigger move.

Happy Trading

Long from 166.85 , max pips 56 , max draw 5 .
status : hold long.

Hey will wave four pullback be a 32% to 38.2% thing?.....curious

Normally at 50% but there is a descending trendline from 189.69 to 184.92 which smacks the 38.2% fib level (look up the weekly chart). I expect this to probably hit 175.00 (one of Ray's ol' DPs) 177.55 then resume down to 156 or even 147s (61.8% weekly). I also think we are in Wave A going down, B will start after Wave 5 closes at 156, etc. Anyway, H2 will be a very interesting bull market (or bullshit) depending on pending data from the UK by then.

Expect more strife, conflicts, uncertainties from UK and EU regarding Brexit and this rapefugees problem come summertime.

Nice London open...

Attached Image (click to enlarge)

The bourses are tanking.....look out

anyone with me on long GJ? trying out all these harmonic ratio for an aggressive C buy.

I want to buy, down there one more stab lower....by Tuesday maybe....I don't know....

So, looking for this one especially to be a " turn around " Tuesday....he....he

i dont want to buy any gbp until there are some good econ numbers to work with

oops, 4 fun...of course (maybe).

Well I sold 168.60 looking for 215 pips....I don't know

Could be a good level. I'm looking to sell at 168.90-98 which is the 161.8 Fib from yesterdays high-low which should provide a 50-100 pip retracement. I still have 170 in the card by week-end or next week. We'll see and cross fingers.

And here are the somewhat good econ numbers