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Dragon Riders GBP/JPY

  • #14,281
  • Jan 28, 2016 10:10pm Jan 28, 2016 10:10pm
Quoting Gbp/jpy
{quote} hey Sam, you deserve better....I see 3.5 jumping fast to 4.5
I've been seeing 6-7 pips on Oanda right now. I didn't see what it was during the mayhem... probably wider I'd imagine.
check out my blog: forexmademillionaire dot com
  • #14,282
  • Jan 28, 2016 10:12pm Jan 28, 2016 10:12pm
I'm taking nibbles at these levels (172.20ish). It's not for the faint of heart or inexperienced so trade at your own risk.
check out my blog: forexmademillionaire dot com
  • #14,283
  • Jan 28, 2016 10:22pm Jan 28, 2016 10:22pm
The only thing that would bring it down is bad all-encompassing global news....HUH!!!

I trying to figure the yearly reverse .....that low fits it best....complete with a double dip down but the second one falling 200 pips short.....typical...... or is this the February 4 reverse......which is really Gann's February 8 reverse....his favorite.
  • #14,284
  • Jan 28, 2016 10:23pm Jan 28, 2016 10:23pm
Quoting Geppy
I'm taking nibbles at these levels (172.20ish). It's not for the faint of heart or inexperienced so trade at your own risk.
What is your expected average prize for GPB/JPY to sit down now?
  • #14,285
  • Jan 28, 2016 10:24pm Jan 28, 2016 10:24pm
Quoting Geppy
I'm taking nibbles at these levels (172.20ish). It's not for the faint of heart or inexperienced so trade at your own risk.
you talk bullshit boss. you got excited when gbpjpy jumped to 174 and talking about moon. now I wonder what you have to say. don't be surprised if usdjpy ends in red
  • #14,286
  • Jan 28, 2016 10:24pm Jan 28, 2016 10:24pm
Quoting Geppy
I'm taking nibbles at these levels (172.20ish). It's not for the faint of heart or inexperienced so trade at your own risk.
OK, satisfied my itchy buy finger for now... current average entry is 171.83
check out my blog: forexmademillionaire dot com
  • #14,287
  • Jan 28, 2016 10:27pm Jan 28, 2016 10:27pm
171.3 got rejected for now, long at 171.5 and looking for 173.5

Just getting up, missed the fireworks and glad I didn't hold a position overnight

Add: SL at BE, won't be getting caught in a stop hunt here
  • #14,288
  • Jan 28, 2016 10:28pm Jan 28, 2016 10:28pm
Quoting giveachance
{quote} you talk bullshit boss. you got excited when gbpjpy jumped to 174 and talking about moon. now I wonder what you have to say. don't be surprised if usdjpy ends in red
Told you guys, always a troll.
check out my blog: forexmademillionaire dot com
  • #14,289
  • Jan 28, 2016 10:29pm Jan 28, 2016 10:29pm
so now the market is playing with 300 pip chunks....with that pullback from 174 to 171.....means we could be at 177.00 by sun-up........177.77 betcha....remember, I'm that 330 pip move guy.....
  • #14,290
  • Jan 28, 2016 10:31pm Jan 28, 2016 10:31pm
Well done Geppy
Cheers,
Ronald
Ronnie Renko
  • #14,291
  • Jan 28, 2016 10:32pm Jan 28, 2016 10:32pm
Quoting Gbp/jpy
so now the market is playing with 300 pip chunks....with that pullback from 174 to 171.....means we could be at 177.00 by sun-up........177.77 betcha....remember, I'm that 330 pip move guy.....
Definitely possible. And yes, great point. If you've never traded an environment like this DO NOT TRY NOW. You're better off observing and learning. It's far too easy getting caught up in the whipsaws and losing your shirt.
check out my blog: forexmademillionaire dot com
  • #14,292
  • Jan 28, 2016 10:33pm Jan 28, 2016 10:33pm
Quoting Ced74
Well done Geppy Cheers, Ronald
Thanks, bud!
check out my blog: forexmademillionaire dot com
  • #14,293
  • Jan 28, 2016 10:33pm Jan 28, 2016 10:33pm
Quoting Geppy
{quote} Told you guys, always a troll.
You don't even have to answer him, forget about it. any way when you get a chance this weekend go thru G/N and G/A I want you opinion too. please
  • #14,294
  • Jan 28, 2016 10:35pm Jan 28, 2016 10:35pm
Quoting giveachance
{quote} you talk bullshit boss. you got excited when gbpjpy jumped to 174 and talking about moon. now I wonder what you have to say. don't be surprised if usdjpy ends in red
nope....300 pip move is impulsive....I'm saying......even if it does tank, which will mean the world is tanking....after this solid move.....qualify...here....apparent solid move.
  • #14,295
  • Jan 28, 2016 10:35pm Jan 28, 2016 10:35pm
Quoting giveachance
{quote} you talk bullshit boss. you got excited when gbpjpy jumped to 174 and talking about moon. now I wonder what you have to say. don't be surprised if usdjpy ends in red
Can't say i support anyone's gambling tendencies but when fundamentals are against your opinion just sit it out or play with them as much as your strategy allows

In this case BOJ is fighting the world's technicals with fundamental changes. In the short-term their intervention will most likely work. What happens when Oil drops under the latest low and JPY buying continues in spite of negative interest rates - that will be interesting.
  • #14,296
  • Jan 28, 2016 10:38pm Jan 28, 2016 10:38pm
Quoting Gr8tr8r
{quote} You don't even have to answer him, forget about it. any way when you get a chance this weekend go thru G/N and G/A I want you opinion too. please
I took a quick glance at the charts. I see how there could be potential for some moves, but I didn't see any clean potential setups. I see better opportunities in other pairs for now, but I'll keep those pairs in mind to glance over every once in awhile.
check out my blog: forexmademillionaire dot com
  • #14,297
  • Jan 28, 2016 10:40pm Jan 28, 2016 10:40pm
Quoting Geppy
{quote} I took a quick glance at the charts. I see how there could be potential for some moves, but I didn't see any clean potential setups. I see better opportunities in other pairs for now, but I'll keep those pairs in mind to glance over every once in awhile.
Thanks bud.
  • #14,298
  • Jan 28, 2016 11:21pm Jan 28, 2016 11:21pm
Hi Geppy, CONGRATULATE!!!!!


THANKS TO YOUR INCREDIBLE analysis.>400Pips.


what's next move!!! south or north or sideways.
  • #14,299
  • Jan 28, 2016 11:26pm Jan 28, 2016 11:26pm
hey Broomar...trade short term is called for if possible and take profit when you see it. usually one can trade London using time of session but now it's probable to see 660 pip moves mixed in with 330 -390 pip pullbacks....yezz stuff like that and we can't say foul play....we know it's possible.

the reason to inform about 300 pip moves is otherwise the moves will make you dizzy. physically head spinning
  • #14,300
  • Jan 28, 2016 11:27pm Jan 28, 2016 11:27pm
thanks Geppy , great analysis , made 200 pips out of this and all thanks to you
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