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Dragon Riders GBP/JPY

  • #14,841
  • Edited 1:22am Mar 7, 2016 1:07am | Edited 1:22am
My GBPJPY prediction : UP ...with fear lolz
why ? because
M30 : down
H4 : down
sad face
** so i out with long small profit , out of market and watch only till i see where GJ direction is
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Exits == most important part of your strategy
  • #14,842
  • Mar 7, 2016 2:32am Mar 7, 2016 2:32am
Quoting gespiri
{quote} We could see the end of wave 1 of wave A at 161.65 - 162.25. If we do, expect this to pull back to 158.25 for wave 2 of wave A to start wave 3 of wave A ending at 174.98.
I'm still targeting 158.10-158.25 on this retracement based on the 50% of current wave 1 of wave A. Time will tell.
Lost....
  • #14,843
  • Mar 7, 2016 2:40am Mar 7, 2016 2:40am
short now targetting 160.540
  • #14,844
  • Mar 7, 2016 2:48am Mar 7, 2016 2:48am
Today H4 hit me hard , sad not in short trade .. .. wait another ..
Exits == most important part of your strategy
  • #14,845
  • Mar 7, 2016 2:50am Mar 7, 2016 2:50am
Quoting edmun1388
My GBPJPY prediction : UP ...with fear lolz why ? because M30 : down H4 : down sad face ** so i out with long small profit , out of market and watch only till i see where GJ direction is {image} {file}
Edmund saw that too... Either this is a retracement of a new small up trend or a continuation of a bigger downtrend.

Exactly at the 162% like in a text book
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  • #14,846
  • Mar 7, 2016 2:55am Mar 7, 2016 2:55am
Quoting nairate
short now targetting 160.540
TP hit +45
  • #14,847
  • Edited 3:13am Mar 7, 2016 2:59am | Edited 3:13am
Quoting maflip
{quote} Edmund saw that too... Either this is a retracement of a new small up trend or a continuation of a bigger downtrend. Exactly at the 162% like in a text book {image}
If follow my strategy , its short time and now is >70 pips gain , becuz I saw something not correct , so i stop my hand lolz .
** actually my another short counter trend strategy is short from 162.108 , but because its friday 2 am and scare the oanda 30 pips spread , so i do not short it , sad face
* maybe I need to learn take risk ..
Exits == most important part of your strategy
  • #14,848
  • Mar 7, 2016 6:27am Mar 7, 2016 6:27am
Quoting maflip
{quote} Edmund saw that too... Either this is a retracement of a new small up trend or a continuation of a bigger downtrend. Exactly at the 162% like in a text book {image}
Sir , I found back my MT4 profile that lost this morning , and now pips is back ,
long from 160.694 , long from down trend ...
Exits == most important part of your strategy
  • #14,849
  • Mar 7, 2016 6:41am Mar 7, 2016 6:41am
GOLD is pushing higher, as well as AU. GJ got a 85% neg corr with GOLD. So not taking chances going long now. Waiting game.
  • #14,850
  • Mar 7, 2016 6:49am Mar 7, 2016 6:49am
Quoting asgcorp
GOLD is pushing higher, as well as AU. GJ got a 85% neg corr with GOLD. So not taking chances going long now. Waiting game.
Thx info , will take profit if something happen to M1
Exits == most important part of your strategy
  • #14,851
  • Mar 7, 2016 7:02am Mar 7, 2016 7:02am
Quoting edmun1388
{quote} Sir , I found back my MT4 profile that lost this morning , and now pips is back , long from 160.694 , long from down trend ...
Ok friend. 2B Reversal Pattern (Short) on M5 with 19 pips TP. But this is M5 friend so relax you may be right.
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  • #14,852
  • Mar 7, 2016 7:05am Mar 7, 2016 7:05am
Quoting maflip
{quote} Ok friend. 2B Reversal Pattern (Short) on M5 with 19 pips TP. But this is M5 friend so relax you may be right. {image}
If it blows past 62% fib we might make a new low.
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  • #14,853
  • Mar 7, 2016 7:06am Mar 7, 2016 7:06am
Quoting maflip
{quote} If it blows past 62% fib we might make a new low.
yeah. going for 159.80 now before we flip.
  • #14,854
  • Mar 7, 2016 7:07am Mar 7, 2016 7:07am
Yes, sir , I already short +13 max pips from M1
* 28 pairs co-relation show JPY usd strong , and GBP weak
** and M1 alligator do tell something
Exits == most important part of your strategy
  • #14,855
  • Mar 7, 2016 7:08am Mar 7, 2016 7:08am
However, on H1 picture is not looking good for the longs. M5 and H1 are now in agreement.
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  • #14,856
  • Mar 7, 2016 7:09am Mar 7, 2016 7:09am
Quoting edmun1388
Yes, sir , I already short +13 max pips from M1 * 28 pairs co-relation show JPY usd strong , and GBP weak
  • #14,857
  • Mar 7, 2016 7:37am Mar 7, 2016 7:37am
62% held... Possible Scenario? Are they going to break this out at that same time again. GJ is so predictable right now so awesome.
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  • #14,858
  • Mar 7, 2016 7:53am Mar 7, 2016 7:53am
I am learning , and suspect this is a trap for those short , time will tell ., I hold hand. out trade.
* if gj is down , must drop below previous low.
Exits == most important part of your strategy
  • #14,859
  • Mar 7, 2016 7:54am Mar 7, 2016 7:54am
Quoting edmun1388
I am learning , and suspect this is a trap for those short , time will tell ., I hold hand. out trade
159.80 here we go. there's no trap.
  • #14,860
  • Mar 7, 2016 8:04am Mar 7, 2016 8:04am
Quoting asgcorp
{quote} 159.80 here we go. there's no trap.
dont be so happy 1st , if this is a trap , then I will teach you how to write chinese word " dead".
Exits == most important part of your strategy
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