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Dragon Riders GBP/JPY

  • #14,541
  • Feb 16, 2016 8:03am Feb 16, 2016 8:03am
UJ....didnt make it to 115...looks almost exactly like sp500....abe is about to shit himself....be careful!!!!
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  • #14,542
  • Feb 16, 2016 8:05am Feb 16, 2016 8:05am
Quoting Gbp/jpy
{quote} hey man, I did the same thing and I'm all messed up now......
How come? - if I didn't move my stops id have enjoyed around 100 pips profit, but ofc still would have had 2% risk on table, so was a decision of removing all risk and sacrificing more return
  • #14,543
  • Feb 16, 2016 8:53am Feb 16, 2016 8:53am
Quoting raiders
UJ....didnt make it to 115...looks almost exactly like sp500....abe is about to shit himself....be careful!!!! {image}
looking to get short from the white box if price action agrees....111 and then 110 is what im looking for
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  • #14,544
  • Feb 16, 2016 9:13am Feb 16, 2016 9:13am
just now longed that 162.51...looking for a bunch ....168.xx
  • #14,545
  • Feb 16, 2016 9:16am Feb 16, 2016 9:16am
Quoting Gbp/jpy
just now longed that 162.51...looking for a bunch ....168.xx
Seems like the perfect entry +/- 5 pips, target is a very high one :0
  • #14,546
  • Feb 16, 2016 9:50am Feb 16, 2016 9:50am
no more new positions for a few hours....still want to get more short GU. I NEED DOLLAS!!!
catch you guys in a few hours more big news coming tonight that might just tank the GBP......be careful with longs...according to my count this is wave 3 on the 1H and 5 on the 4H so this thing can just keep running
  • #14,547
  • Feb 16, 2016 11:34am Feb 16, 2016 11:34am
Quoting Gbp/jpy
just now longed that 162.51...looking for a bunch ....168.xx
Is this what you're seeing for your long?
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Lost....
  • #14,548
  • Feb 16, 2016 12:02pm Feb 16, 2016 12:02pm
I'm still biased short on this pair although I am mindful of some mini corrections especially come this Friday. My ultimate target is still going to be 157.15. We'll see.
Lost....
  • #14,549
  • Feb 16, 2016 3:28pm Feb 16, 2016 3:28pm
No, I missed that good looking line from a trend....I had the hourly support is all....targeting the 4H top....

and the Gann February main reverso he loved.....8th.....we made some sort of a reverse on the 11th
  • #14,550
  • Feb 16, 2016 7:33pm Feb 16, 2016 7:33pm
few charts...LOTS of bear flags and SP500 perhaps sitting right under the top trendline of potential bear flag plus bearish divergence...maybe risk off type of day??
that being said...looking south again tonight
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  • #14,551
  • Feb 16, 2016 7:54pm Feb 16, 2016 7:54pm
hey bunch, I'm attempting a buy on that gbp/nzd.....mind of it's own, yep....as the gbp/yen very slowly drops, this gbp/nzd very slowly goes up
  • #14,552
  • Feb 16, 2016 8:23pm Feb 16, 2016 8:23pm
Quoting Gbp/jpy
hey bunch, I'm attempting a buy on that gbp/nzd.....mind of it's own, yep....as the gbp/yen very slowly drops, this gbp/nzd very slowly goes up
im shorting NZDUSD and AUDUSD right now. I need dollas!!

NU just broke good trendline support....figure its good for a quick hit to 65 and maybe even 6433 if the dollar gets funky tomorrow moring
AU im looking for something close to 7000 hopefully before tomorrows usd news and if the aud news is shitty....look out below
  • #14,553
  • Feb 16, 2016 8:36pm Feb 16, 2016 8:36pm
thanks, I was wondering about that N U
  • #14,554
  • Feb 17, 2016 12:54am Feb 17, 2016 12:54am
Quoting Articulate
This is the big picture in the 12000 pips cycle! The bears are still in absolute control! The target is 120 price level the moment 160 is taken out by the monthly candle. When will we get to 120? I cannot tell. but the most important thing is to follow one candle at a time. Everything is in the chart! {image} {image} {image}
The bears are still in control, but 160 is still holding. This is the "Big picture". See the current monthly and weekly charts!
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  • #14,555
  • Feb 17, 2016 4:12am Feb 17, 2016 4:12am
Quoting FX-Ray
{quote} Interesting thought, would like to hear more about it while you progess Add: Yes its G/U, G/J and U/J, another ring is E/U; E/J and U/J
Agreed. They seem to work together in that regard. Another one to watch though is the E/G. Which imo is likely the bridge between those two rings. Paying attention to that one, and sorting out where buying volume is strongest on the rings, gives you a good insight as to where it's moving. We saw some strong moves on the G/J recently. When the G/J dropped, the E/G moved bullish hard. Harder than usual. And, when you pay attention to the volumes, you'll see that the buying on the E/G caused the G/J to go bearish big time.

The volumes indicator is a tricky one at first from what I've seen. But just because one pair shows a lot of buying, doesn't mean it's going bullish. It might be a reflection of what another pair is doing. Once you notice that, compare it through the rings, and once you've found the source, get in on the right side of the trade, and enjoy the ride.
  • #14,556
  • Feb 17, 2016 8:52am Feb 17, 2016 8:52am
just dropped a short on the rejection from the daily pivot, which also happens to be the 50 fib from the recent swing high at 166.087....... looking for those 2 green lines which are the daily s1 and s2
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  • #14,557
  • Feb 17, 2016 1:33pm Feb 17, 2016 1:33pm
Quoting Don96
{quote} How come? - if I didn't move my stops id have enjoyed around 100 pips profit, but ofc still would have had 2% risk on table, so was a decision of removing all risk and sacrificing more return
Hey there....I had 40% of my 500:1 account in Malta....on the oil sell and when I got my reverse at 3 A M New York time as posted in the Geppy thread......to my oil trading buddy there.....( sorry Geppy ) I owe him for postingabo ut oil in a restricted topic thread, as long as we don't do it again, huh?.......and the trade took threeminutes of chewing my fingernails then it dropped slowly......when I was 15 % up I moved the stop to 44 an got hit by one pip. taking my trade out for a lttle bit negative, dangit....cause we pay a dad gum commission....there, now we all can tell the truth...he he huh! then it dropped so fast it would make your head spin.....but naturally....I wasn't seeing behind that pop-up square shaped window adjusting the stop still, trying to figure out why it wouldn't go....ha ha

oh...paragraph, ok.....then it went 160 points down and I thought was 60 pips.......lost big on that trying to sell a 160 point move yeah.....



I was up 230%......did you get that.....I needed that money man......I never got to see the profit shining green down there in the bottom corner of forex brokers inc.....hey...did you hear the part...I needed that money man.....I was ok after three days....I am taught by the Holy Spirit....count my blessings.....no, I needed thhaaaaa.....crying out loud now

edit to add.....I never even got to see the green numbers down there....
  • #14,558
  • Edited 2:16pm Feb 17, 2016 1:42pm | Edited 2:16pm
Quoting Articulate
{quote} The bears are still in control, but 160 is still holding. This is the "Big picture". See the current monthly and weekly charts! {image} {image} {image}
Thank you sir....that post will be gone over a bunch....here right now.....

radio edit.....whatcha think about the 160.00 line getting pierced? sooner or later more down, huh? or was it just a quick 8 pips past it....don't remember
  • #14,559
  • Feb 17, 2016 1:48pm Feb 17, 2016 1:48pm
Quoting raiders
just dropped a short on the rejection from the daily pivot, which also happens to be the 50 fib from the recent swing high at 166.087....... looking for those 2 green lines which are the daily s1 and s2 {image}
Wait...oh no.....I friggin missed a 50 fibo.....I gotta sharpen up....good I got you guys here to read.
  • #14,560
  • Feb 17, 2016 2:17pm Feb 17, 2016 2:17pm
AU possible head and shoulders on the 4H....waiting for a rejection somewhere close to 72/7210 i think for the leg down. looking to hold this to 6830 if it acts right.....aud news coming out in a few hours....thinking bad news make the trip nice and easy...good news blows through that falling red trendline

whatcha think??




GJ...mixed signals right now....still looking to short the sucker to at least 160.2 but i think we might take a short term ride to 164.3? I feel like UJ wants to go north during asian session on the back of todays nice sp500 day and that it will pull this up with it. not sure though...
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