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Dragon Riders GBP/JPY

  • #14,221
  • Jan 28, 2016 6:22am Jan 28, 2016 6:22am
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  • #14,222
  • Jan 28, 2016 6:25am Jan 28, 2016 6:25am
Great call Geppy! Have you considered opening a skype chat room to discuss the trade oportunities?
  • #14,223
  • Jan 28, 2016 6:29am Jan 28, 2016 6:29am
Quoting surfac
Great call Geppy! Have you considered opening a skype chat room to discuss the trade oportunities?
Not yet, no. But that's an interesting idea.

To be honest, I've got a lot of other commitments... I run my own (unrelated) company, my wife and I are getting a dog in a month, and we're expecting our first child in July this year.

Short story: I'm not sure how much time I have to dedicate to trading and then blogging, etc. So I'll probably utilize 2016 to see how things go and take it from there.
check out my blog: forexmademillionaire dot com
  • #14,224
  • Jan 28, 2016 6:33am Jan 28, 2016 6:33am
Quoting Geppy
{quote} If it is I'll be here to say so. But if it isn't, will you be here to say you were wrong?
Hu. and still in profit, good job man , looking forward to discus more of this. and don't worry you're doing a good job.
  • #14,225
  • Jan 28, 2016 6:34am Jan 28, 2016 6:34am
Quoting Gr8tr8r
{quote} Hu. and still in profit, good job man , looking forward to discus more of this. and don't worry you're doing a good job.
Thanks, bud.

I've been here long enough to know:

1) There's always going to be a troll or two

2) They tend to shut their mouths and vanish once they look like utter fools.

Just glad #2 happened early for that guy
check out my blog: forexmademillionaire dot com
  • #14,226
  • Jan 28, 2016 6:38am Jan 28, 2016 6:38am
Quoting Geppy
{quote} Thanks, bud. I've been here long enough to know: 1) There's always going to be a troll or two 2) They tend to shut their mouths and vanish once they look like utter fools. Just glad #2 happened early for that guy
Great job Geppy ... Thank you so much
  • #14,227
  • Jan 28, 2016 6:41am Jan 28, 2016 6:41am
Quoting Geppy
{quote} Not yet, no. But that's an interesting idea. To be honest, I've got a lot of other commitments... I run my own (unrelated) company, my wife and I are getting a dog in a month, and we're expecting our first child in July this year. Short story: I'm not sure how much time I have to dedicate to trading and then blogging, etc. So I'll probably utilize 2016 to see how things go and take it from there.
Oh awesome man, congratulations! That really is very time consuming so I understand you completely. I am a medicine student so to get some free time for trading is a rarity!
  • #14,228
  • Jan 28, 2016 6:42am Jan 28, 2016 6:42am
Quoting Invincibl3
{quote} Great job Geppy ... Thank you so much
No problem, man!

The trade is still in progress with a 173.00 target. Things are a bit volatile right now with the talks of oil production cuts. But I like the overall bias of the price action and I think we'll be heading north when things settle in.
check out my blog: forexmademillionaire dot com
  • #14,229
  • Jan 28, 2016 6:43am Jan 28, 2016 6:43am
Quoting Geppy
{quote} Not yet, no. But that's an interesting idea. To be honest, I've got a lot of other commitments... I run my own (unrelated) company, my wife and I are getting a dog in a month, and we're expecting our first child in July this year. Short story: I'm not sure how much time I have to dedicate to trading and then blogging, etc. So I'll probably utilize 2016 to see how things go and take it from there.
Congrats on your new baby coming this July, awesome the first one is always different, its like you have the whole world in your arms when you hold them the first time, good luck to you and your wife, I wish you three healthy and happy life. and much successes with what ever you decided to do.
regards.
  • #14,230
  • Jan 28, 2016 6:49am Jan 28, 2016 6:49am
Quoting surfac
{quote} Oh awesome man, congratulations! That really is very time consuming so I understand you completely. I am a medicine student so to get some free time for trading is a rarity!
I hear ya. That's why I'm a big advocate for finding trades where you can ride the trend as opposed to a scalping strategy. If you can devise a solid roadmap for a trade that has the potential for hundreds of pips, it's much easier to find the time to check in on it and maintain your position than it is entering and exiting multiple positions per day. I prefer focusing on one to two solid opportunities each week and making sure I give those trades my attention.
check out my blog: forexmademillionaire dot com
  • #14,231
  • Jan 28, 2016 7:06am Jan 28, 2016 7:06am
Quoting Geppy
{quote} I hear ya. That's why I'm a big advocate for finding trades where you can ride the trend as opposed to a scalping strategy. If you can devise a solid roadmap for a trade that has the potential for hundreds of pips, it's much easier to find the time to check in on it and maintain your position than it is entering and exiting multiple positions per day. I prefer focusing on one to two solid opportunities each week and making sure I give those trades my attention.
Word. you're the man . talk later dude.
  • #14,232
  • Edited 7:28am Jan 28, 2016 7:07am | Edited 7:28am
refineries revamp this time of year so it's been expected...Thursday and Friday are up days historically for gbp/xxx, so let's hang on for a dragon ride....sounds tame, huh!!!

171.13.....that's the third push......three pushes to take.
  • #14,233
  • Jan 28, 2016 7:25am Jan 28, 2016 7:25am
Just printed >171.00 -- we're looking good, all! Just 200 more pips to profit target
check out my blog: forexmademillionaire dot com
  • #14,234
  • Jan 28, 2016 7:26am Jan 28, 2016 7:26am
I'm looking at 171.2/3 as a 1/2 DP for a turnaround. If it rejects there and closes under 170.3 today I will look for a short tomorrow. Optimum opportunity will be to have a break of 163.88 and reject from 162.3/162.0 for the long-term long
  • #14,235
  • Jan 28, 2016 7:30am Jan 28, 2016 7:30am
Quoting alexpi
I'm looking at 171.2/3 as a 1/2 DP for a turnaround. If it rejects there and closes under 170.3 today I will look for a short tomorrow. Optimum opportunity will be to have a break of 163.88 and reject from 162.3/162.0 for the long-term long
Without a technical picture and analysis to go with your prices, I can't agree or disagree. But good luck to you!
check out my blog: forexmademillionaire dot com
  • #14,236
  • Jan 28, 2016 7:34am Jan 28, 2016 7:34am
Quoting Geppy
{quote} Without a technical picture and analysis to go with your prices, I can't agree or disagree. But good luck to you!
That's okay, I don't really look for agreement. See my posts from 21 Jan. The failure of DJIA to break under 15650 and the close over 165.5 were excellent signals for longs. Pictures are overrated. Numbers are enough

DJIA and Oil are turning down once again so take care. When there's a difference in direction they dominate over the technical dynamics of currencies
  • #14,237
  • Jan 28, 2016 7:40am Jan 28, 2016 7:40am
Quoting alexpi
I'm looking at 171.2/3 as a 1/2 DP for a turnaround. If it rejects there and closes under 170.3 today I will look for a short tomorrow. Optimum opportunity will be to have a break of 163.88 and reject from 162.3/162.0 for the long-term long
im already short GU with a 2nd entry at 1.425. Waiting for JPY news later before i short that but it should hopefully take place in a few hours
  • #14,238
  • Jan 28, 2016 7:41am Jan 28, 2016 7:41am
Quoting raiders
{quote} im already short GU with a 2nd entry at 1.425. Waiting for JPY news later before i short that but it should hopefully take place in a few hours
Waiting for 1.442 on GU and hoping for a rejection so I can join you
  • #14,239
  • Jan 28, 2016 7:53am Jan 28, 2016 7:53am
BTW I'm all out, not gonna hold a position overnight given the fact that BOJ could decide to give a free waifu to every Japanese for all we know... Or take all the waifus currently in private hands... decisions decisions
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  • #14,240
  • Jan 28, 2016 8:35am Jan 28, 2016 8:35am
Quoting alexpi
BTW I'm all out, not gonna hold a position overnight given the fact that BOJ could decide to give a free waifu to every Japanese for all we know... Or take all the waifus currently in private hands... decisions decisions {image}
HA!

Good move man. You never know with the Japanese. All the market needs is abes dentist talking about his laundry and boom!....madness
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