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Dragon Riders GBP/JPY

  • #14,921
  • Mar 8, 2016 8:36am Mar 8, 2016 8:36am
well...finally some action. just took a long...lets see if the fib level and equal legs from previous down move holds
  • #14,922
  • Mar 8, 2016 8:37am Mar 8, 2016 8:37am
Quoting edmun1388
Hi, Ray long time . do u think GJ now longer term down ? since GJ now close below 233 sma ?
Depends on U/J, 110 still valid target here. Since both correlate, G/J might follow. EUR undervalued atm + GBP weakness. I dont pay attention to MA's, Fibs, you name it.
  • #14,923
  • Mar 8, 2016 8:40am Mar 8, 2016 8:40am
Quoting raiders
well...finally some action. just took a long...lets see if the fib level and equal legs from previous down move holds
? U long GBPJPY ?

GBP : 1.7
JPY : 7.0
Exits == most important part of your strategy
  • #14,924
  • Mar 8, 2016 8:40am Mar 8, 2016 8:40am
me too......for the 500 pip thread guy.....see if that holds
Quoting raiders
well...finally some action. just took a long...lets see if the fib level and equal legs from previous down move holds
  • #14,925
  • Mar 8, 2016 8:43am Mar 8, 2016 8:43am
aiya , my long is test the support , since i use M1 , close very fast .
Now i short after the support +43 ..
umm may be 159.9 stop going down , but I see sma 233 got bar close below [range] . may be down more
* normally when I saw have whole range of bar go below 233 sma , only try short it , H4 BAT down pattern , but I hope 159.901 do retrace
Exits == most important part of your strategy
  • #14,926
  • Mar 8, 2016 8:46am Mar 8, 2016 8:46am
Quoting edmun1388
{quote} ? U long GBPJPY ? GBP : 1.7 JPY : 7.0
i am..not much conviction in it though at the moment
  • #14,927
  • Mar 8, 2016 9:04am Mar 8, 2016 9:04am
If U/J prints 112.41 today, watch all GBP pairs.
  • #14,928
  • Mar 8, 2016 9:09am Mar 8, 2016 9:09am
Quoting FX-Ray
If U/J prints 112.41 today, watch all GBP pairs.
If:

EUR/USD > 1.10317
EUR/JPY > 124.563

&

GBP/JPY < 160.89
GBP/USD < 1.4246

then

short U/J TP at least 112.41;

E/J only one not fullfilling criteria here yet since E/J < 124.563
  • #14,929
  • Mar 8, 2016 9:10am Mar 8, 2016 9:10am
hello friends
I took long gbpjpy at 160.44 and missed to place my stoploss at 60.29 (-15 pips), kindly tell me where you looking the pair now?
  • #14,930
  • Mar 8, 2016 9:16am Mar 8, 2016 9:16am
Quoting esemes
hello friends I took long gbpjpy at 160.44 and missed to place my stoploss at 60.29 (-15 pips), kindly tell me where you looking the pair now?
Friends suggest me should i hold the lot as its a big lot OR should i close it? whats the stoploss you suggest if i hold this lot? in my views 159.63 but at that point i will loss more than 3k usd
  • #14,931
  • Mar 8, 2016 9:18am Mar 8, 2016 9:18am
Quoting esemes
hello friends I took long gbpjpy at 160.44 and missed to place my stoploss at 60.29 (-15 pips), kindly tell me where you looking the pair now?
  • #14,932
  • Mar 8, 2016 9:22am Mar 8, 2016 9:22am
Support : 159.866 , 159.537
resistance : 161.09

now 159.899 as support
if the support now retrace , may help u loss less .

** to me GJ is totally down at THIS moment , look co-relate pair
Exits == most important part of your strategy
  • #14,933
  • Mar 8, 2016 9:27am Mar 8, 2016 9:27am
Quoting edmun1388
{quote} 161.394 is hard resistance ,your long few pips below this level , may not so good , imo
GJ is start down from this resistance ,
** only way is hope M30 stochastic go up , the can save u bro .
*** if close below sma 333 , u go ask GBPJPY esemes
Exits == most important part of your strategy
  • #14,934
  • Mar 8, 2016 9:29am Mar 8, 2016 9:29am
hi guys, sell at 159,858. where i should place TP?


its my first trade on GJ
  • #14,935
  • Mar 8, 2016 9:30am Mar 8, 2016 9:30am
Quoting esemes
{quote} Friends suggest me should i hold the lot as its a big lot OR should i close it? whats the stoploss you suggest if i hold this lot? in my views 159.63 but at that point i will loss more than 3k usd
pray M30 stochastic and sma 333 as support
Exits == most important part of your strategy
  • #14,936
  • Mar 8, 2016 9:31am Mar 8, 2016 9:31am
Quoting edmun1388
{quote} GJ is start down from this resistance , ** only way is hope M30 stochastic go up , the can save u bro . *** if close below sma 333 , u go ask GBPJPY esemes
thank you brother...
  • #14,937
  • Mar 8, 2016 9:37am Mar 8, 2016 9:37am
Quoting esemes
{quote} thank you brother...
wc , and your pray save many peoples lolz
Exits == most important part of your strategy
  • #14,938
  • Mar 8, 2016 9:45am Mar 8, 2016 9:45am
Quoting edmun1388
{quote} pray M30 stochastic and sma 333 as support
i placed my stoploss at 159.60 lets see
  • #14,939
  • Mar 8, 2016 9:52am Mar 8, 2016 9:52am
after some retracement it will now go to test 157.90 i think.
  • #14,940
  • Mar 8, 2016 10:13am Mar 8, 2016 10:13am
reversal looking like it has a little bit of life in it maybe
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