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Dragon Riders GBP/JPY

  • #14,981
  • Mar 9, 2016 2:31am Mar 9, 2016 2:31am
Quoting edmun1388
{quote} wao so rich , give me some .. give me some to test wave
10 lots. not rich. test the waves in Hawaii bro.
  • #14,982
  • Mar 9, 2016 2:33am Mar 9, 2016 2:33am
Quoting asgcorp
{quote} 10 lots. not rich. test the waves in Hawaii bro.
wao , if i rich like u all , i can earn gj $$$
** because I only have < $1500 , I need get > 95% winrate to do compound , ...
Exits == most important part of your strategy
  • #14,983
  • Mar 9, 2016 2:40am Mar 9, 2016 2:40am
Quoting edmun1388
{quote} wao , if i rich like u all , i can earn gj $$$ ** because I only have < $1500 , I need get > 95% winrate to do compound , ...
10 lots aint' rich bro. this is kids playground. Rich is 100-200 lots per trade, that's big.
  • #14,984
  • Mar 9, 2016 3:02am Mar 9, 2016 3:02am
Quoting asgcorp
{quote} 10 lots aint' rich bro. this is kids playground. Rich is 100-200 lots per trade, that's big.
my $0.2/pip is sure is baby to you
Exits == most important part of your strategy
  • #14,985
  • Mar 9, 2016 3:10am Mar 9, 2016 3:10am
Quoting edmun1388
{quote} my $0.2/pip is sure is baby to you
what matter is consistency. So if you can get 40-60% / month on small lots you can that supersize and upgrade.
  • #14,986
  • Mar 9, 2016 3:11am Mar 9, 2016 3:11am
160.242 goes and i think were in the clear
  • #14,987
  • Mar 9, 2016 3:30am Mar 9, 2016 3:30am
Bearish sentiment I set 3 days , unless today price close above 160.84.
Edit : before go to 160.84 , price must break 160.43 , at that stage , I will consider ...risky bear
Exits == most important part of your strategy
  • #14,988
  • Mar 9, 2016 3:42am Mar 9, 2016 3:42am
Quoting Big Bruv
...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.
We did not quite get to 163 but close at 162.50 ish - i missed the pull back as was trading something else. I'm looking for 2nd opportunity but i will use short stop loss as already in other trades and can't afford to put my stop loss at 162.55.

happy trading...
  • #14,989
  • Edited 6:56am Mar 9, 2016 4:49am | Edited 6:56am
Quoting Big Bruv
{quote} We did not quite get to 163 but close at 162.50 ish - i missed the pull back as was trading something else. I'm looking for 2nd opportunity but i will use short stop loss as already in other trades and can't afford to put my stop loss at 162.55. happy trading...
I think put stop loss above 160.84 is enough , if price go through this level strong , then mean wave 3 not valid.
* I just learn wave form and finish wave profile set yesterday night , but price already pass wave 2 ..
** My profile set can detect wave 1 , so next time I will trade at wave 2 retracement . still learning from babypips
http://www.babypips.com/school/summe...tts-waves.html
* loss in trade wave , ...
Exits == most important part of your strategy
  • #14,990
  • Mar 9, 2016 7:35am Mar 9, 2016 7:35am
you're doing pretty good there edmun1388....I'm learning from ya...I checked out that babypips....cool
  • #14,991
  • Mar 9, 2016 7:39am Mar 9, 2016 7:39am
Quoting Gbp/jpy
you're doing pretty good there edmun1388....I'm learning from ya...I checked out that babypips....cool
thx , 160.841 pass !!!
* feel bad trade wave .
** at least this long trade gain back all my losses. feel better now.
* since I can detect wave 1 , so I will not give up learn wave , learn where to enter.
Exits == most important part of your strategy
  • #14,992
  • Mar 9, 2016 7:41am Mar 9, 2016 7:41am
looking good so far. buying the dip maybe the 160.2?

after this dip is gonna be no mans land for me. not selling till touch of the outside trendline or 167.7 which ever comes first if it comes at all
  • #14,993
  • Mar 9, 2016 8:12am Mar 9, 2016 8:12am
Quoting raiders
looking good so far. buying the dip maybe the 160.2? after this dip is gonna be no mans land for me. not selling till touch of the outside trendline or 167.7 which ever comes first if it comes at all
raiders , is it possible the trend up now be wave 4 ? just ask since 1st day learn wave trade wave .
Exits == most important part of your strategy
  • #14,994
  • Edited 9:09am Mar 9, 2016 8:15am | Edited 9:09am
Quoting edmun1388
{quote} raiders , is it possible the trend up now be wave 4 ?
no i dont think so. give me a min to show you what my count is. please remember that i cant count very well but wave 4 in an up trend will never be up it is corrective so must be other way.

EDIT.....Actually YES, I think this might be wave 4 in this up trend. Youre good man!!


This is what I have. Not sure how accurate 345 are because 5 might be 3 and 4 might be where A is but we will not know for a while.

Also this 12345 is the 1st leg of C for me in the corrective move back to complete wave 4 in the larger move. Kinda confusing but long story short i would not be shorting here with conviction since this is still an up move imo

also wanted to add that i think this wave is over because of the recent exit from overbought status on the RSI and the break from the rising trendline in the RSI
Attached Image (click to enlarge)
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  • #14,995
  • Mar 9, 2016 9:12am Mar 9, 2016 9:12am
Quoting edmun1388
{quote} raiders , is it possible the trend up now be wave 4 ? just ask since 1st day learn wave trade wave .
what oscillator are you using to help you count?
  • #14,996
  • Edited 9:38am Mar 9, 2016 9:19am | Edited 9:38am
Quoting raiders
{quote} what oscillator are you using to help you count?
I use AO + zigzag
* I also use snorm eWaves == AO
Exits == most important part of your strategy
  • #14,997
  • Mar 9, 2016 9:46am Mar 9, 2016 9:46am
We think the same.....
Quoting Ksth
nuclear coming..
  • #14,998
  • Mar 9, 2016 9:46am Mar 9, 2016 9:46am
Quoting edmun1388
{quote} I use AO + zigzag
gotta be careful with the zigzag. its not very accurate. I think you will probably be better off drawing your own waves.
  • #14,999
  • Mar 9, 2016 10:06am Mar 9, 2016 10:06am
hey guys....for those who are interested in brexit. this guy is having a webinar about it. hes really good with fundamentals

https://t.co/sgqboOSUuQ
  • #15,000
  • Edited 11:16am Mar 9, 2016 11:05am | Edited 11:16am
Quoting raiders
hey guys....for those who are interested in brexit. this guy is having a webinar about it. hes really good with fundamentals https://t.co/sgqboOSUuQ
Bro , is it possible
wave 1,wave 2,wave 3 , wave 3 , then
wave1,wave 2,wave3,wave 4,wave5 ..

* TP1 161.400
** RSI valid up , no divergence
Exits == most important part of your strategy
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