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Dragon Riders GBP/JPY

SPX and Nikkei right up on resistance.....gonna be an interesting day
short from 156.58 , anyone have target ?
Exits == most important part of your strategy
Quoting edmun1388
short from 156.58 , anyone have target ?
not a good idea to short. long 157.92 is new target.
Hey, this is the time to pounce back and forth....bout every hour and half or less.!!

That's what London does to start their day...
Quoting edmun1388
short from 156.58 , anyone have target ?
155 i think is reasonable


markets are dropping and nothing but chop...cant stand this type of trading....done for the night
I got a sell stop below 156.080

Lets see if they let me in.
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Be like water go with the flow
I in long from 156.468 , hope can get 100 pips . Tp1 157.400
Exits == most important part of your strategy
Quoting maflip
I got a sell stop below 156.080 Lets see if they let me in. {image}
support at 155.80
Quoting edmun1388
I in long from 156.468 , hope can get 100 pips . Tp1 157.400
break 158 will go to 159,2

good luck trading
closed half for account at +84 pips
Exits == most important part of your strategy
Quoting edmun1388
closed half for account at +84 pips
no worries. already break strong resistance at 157.07.
Quoting Ksth
{quote} no worries. already break strong resistance at 157.07.
not much of a break yet imo
but why you think this level is important?
cheers
Quoting alayinizAMK
{quote} not much of a break yet imo but why you think this level is important? cheers
157.07 is major resistance.
Hmmm Major Resistance broken? Is it? Seems like they are still testing it. But my short did got stopped out.
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Be like water go with the flow
Quoting maflip
Hmmm Major Resistance broken? Is it? Seems like they are still testing it. But my short did got stopped out. {image}
ya. but still a good area 157.07 for re-entry target 157.95
Quoting Ksth
{quote} ya. but still a good area 157.07 for re-entry target 157.95
Sure. 5M is in an uptrend now but I'm still cautious as H1 still does not agree. They are still testing yesterdays high. Edmun1388 got the right idea to take half off at this area then trail the rest.
Be like water go with the flow
Quoting maflip
{quote} Sure. 5M is in an uptrend now but I'm still cautious as H1 still does not agree. They are still testing yesterdays high. Edmun1388 got the right idea to take half off at this area then trail the rest.
yes edmun right. looks like reversal now.
Quoting Ksth
{quote} yes edmun right. looks like reversal now.
Who knows you could still be right. Small pullback then BAM. Then we trade what we see.
Be like water go with the flow
Quoting maflip
{quote} Who knows you could still be right. Small pullback then BAM. Then we trade what we see.
already hit my stoploss. reversal 50pips..then decided later...hehee
just finishing h4 will see...
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