Dragon Riders GBP/JPY | Page 735 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Enter The Dragon - GBP/JPY 2 replies

Info on the Borihei-Dragon Scalping System? 15 replies

The Dragon 441 replies

Scalping The Dragon 34 replies

***Dragon II*** 15 replies

Attachments: Dragon Riders GBP/JPY
Exit Attachments

Dragon Riders GBP/JPY

  • #14,681
  • Edited 4:31am Feb 26, 2016 4:20am | Edited 4:31am
157.7-157,9 and after we will see how it work. can it break over the fibo 38,2?
  • #14,682
  • Feb 26, 2016 4:25am Feb 26, 2016 4:25am
Quoting edmun1388
{quote} Hi, emotion control extreme important in trading , a u from singapore ,near my place malaysia. ** long from 158.037 , hoope can get some pips. TP1 158.314
from malaysia. .need to train my emotion.
Dont trade for long term. Final target 159.20 for this week and see how the market go before enter trade. Next week start new trade. Market go either way. I still believe it still bearish trend..haahaha.
  • #14,683
  • Edited 6:12am Feb 26, 2016 5:23am | Edited 6:12am
prediction fail -20 pips . nvm , i no more go long term , just take market give
* my short term stratgy is short from 158.135 , but becuz targeting long term long , -2o pips and now short from 157.758 that late 35 pips entry . if not becuz target long term , short term strategy already +70 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 17 KB
Exits == most important part of your strategy
  • #14,684
  • Feb 26, 2016 5:32am Feb 26, 2016 5:32am
Quoting edmun1388
prediction fail -20 pips . nvm , i no more go long term , just take market give * my short term stratgy is short from 158.135 , but becuz targeting long term long , -2o pips and now short from 157.758 that late 35 pips entry . if not becuz target long yerm , short term strategy already +70 pips
Attached Image (click to enlarge)
Click to Enlarge Name: d8hpSir0.png Size: 43 KB

http://www.forexfactory.com/showthre...07#post8778007
*******
Hope you will feel better on your weekend.
  • #14,685
  • Feb 26, 2016 5:32am Feb 26, 2016 5:32am
Quoting edmun1388
prediction fail -20 pips . nvm , i no more go long term , just take market give * my short term stratgy is short from 158.135 , but becuz targeting long term long , -2o pips and now short from 157.758 that late 35 pips entry . if not becuz target long yerm , short term strategy already +70 pips
  • #14,686
  • Edited 6:25am Feb 26, 2016 6:07am | Edited 6:25am
Quoting edmun1388
prediction fail -20 pips . nvm , i no more go long term , just take market give * my short term stratgy is short from 158.135 , but becuz targeting long term long , -2o pips and now short from 157.758 that late 35 pips entry . if not becuz target long term , short term strategy already +70 pips
You should continuously update your ff's journal:
"Edmund Trading Journal - GBPJPY"
http://www.forexfactory.com/showthre...83#post8747083
from now on.
  • #14,687
  • Feb 26, 2016 6:21am Feb 26, 2016 6:21am
Accumulation pattern? Looks like bulls are still trying. However, if it fails???
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB
  • #14,688
  • Feb 26, 2016 6:23am Feb 26, 2016 6:23am
Current:

G/U:

1.4103 - long TP
1.3907 - current
1.3711 - short TP

G/J:

159.75 - long TP
158.23 - current
156.30 - short TP

U/J:

114.00 - long TP
112.73 - current
112.06 - short TP
  • #14,689
  • Feb 26, 2016 6:23am Feb 26, 2016 6:23am
Quoting Gbp/jpy
The 4 H chart had a shooting star.... then a bullish hammer.....then a spinning top........long term up maybe.
Actually, the 15min, 333sma has changed to bullish. Thanks for this.....it is actually a very good trend indicator.

I think we are in Wave A going up to 170.43 (possibly) which will ultimately end up in 180.14 or 61.8 Fib. This will take weeks/months to complete.....maybe in time for the Brexit vote in June.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 71 KB
Lost....
  • #14,690
  • Feb 26, 2016 6:24am Feb 26, 2016 6:24am
Quoting maflip
Accumulation pattern? Looks like bulls are still trying. However, if it fails??? {image}
@ maflip - WTF you got same avatar as me :-( - gotta change it now LOL
  • #14,691
  • Feb 26, 2016 6:26am Feb 26, 2016 6:26am
guys you just need too watch 15 min chart 125 ema always is a resist level if the 15 min ema 125 has been broken thorugh then it will be short 155 something and the 1 h ema 125 has been broken thorugh then next target 159 ,5
  • #14,692
  • Feb 26, 2016 6:28am Feb 26, 2016 6:28am
Quoting Big Bruv
{quote} @ maflip - WTF you got same avatar as me :-( - gotta change it now LOL
hah hah. Maybe we are twins
  • #14,693
  • Feb 26, 2016 6:32am Feb 26, 2016 6:32am
If you are short this market then stay in - however if you are planning entry then wait, i think we are at a critical junction this could end up ugly.

Everyday I look at the chart - it is getting clearer that this thing is going to be a falling knife. picking your entry is crucial as I think at some point we get a bounce, however it depends on GU/U/J.

I have started to plan my entry and i'm really not looking to go short unless we hit the 163 level. If we do not get that far - I'll trade something else.
  • #14,694
  • Feb 26, 2016 6:38am Feb 26, 2016 6:38am
Quoting maflip
{quote} hah hah. Maybe we are twins
Had to change mine - we may be mistaken for brothers - :-)
  • #14,695
  • Feb 26, 2016 6:41am Feb 26, 2016 6:41am
Quoting raiders
{quote} Got anything around 157.3 in GJ?
Not yet, check recent post, thats what I go so far
  • #14,696
  • Feb 26, 2016 6:49am Feb 26, 2016 6:49am
Quoting Big Bruv
{quote} Had to change mine - we may be mistaken for brothers - :-)
  • #14,697
  • Feb 26, 2016 7:15am Feb 26, 2016 7:15am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 11 KB
Slowly but constantly...
  • #14,698
  • Feb 26, 2016 9:16am Feb 26, 2016 9:16am
Quoting safi182
guys you just need too watch 15 min chart 125 ema always is a resist level if the 15 min ema 125 has been broken thorugh then it will be short 155 something and the 1 h ema 125 has been broken thorugh then next target 159 ,5
I do 15M........thanks, I'll looky
  • #14,699
  • Feb 26, 2016 9:22am Feb 26, 2016 9:22am
short from 158.122 ,, price fight this area ....last .. win. .
** eyes stress look at this M1 system
Exits == most important part of your strategy
  • #14,700
  • Feb 26, 2016 9:57am Feb 26, 2016 9:57am
Quoting FX-Ray
{quote} Not yet, check recent post, thats what I go so far
was an invalid area for me when everything was said and done. working now on something though and trying to account for the end of the month candle wick. IF, and thats a big IF, this smaller consolidation i see right now holds till closing i think its what makes the most sense. im gonna try and clean it up and post in a few. Im hoping your numbers match with the points im gonna be searching for. Also, possible temporary double bottom on the GU?? Only time till tell....edit or maybe not
16 traders viewing now