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Dragon Riders GBP/JPY

  • #15,121
  • Mar 11, 2016 2:23am Mar 11, 2016 2:23am
Quoting simond2002
M30 view. If price breaks out of the supply zone, will look to buy on pullback if something sets up. If price breaks down, will look to sell if something sets up. {image}
LOVE you.
Exits == most important part of your strategy
  • #15,122
  • Mar 11, 2016 3:40am Mar 11, 2016 3:40am
Quoting maflip
Bearish Head and shoulders pattern. But it seems to have failed. There is a good chance it could retest the high of that head now. Ill be buying the dips on this thing as long as the head is not yet retested and the lower shoulder not yet broken. If wrong then OOPS {image}
And 3 hours later
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  • #15,123
  • Mar 11, 2016 3:41am Mar 11, 2016 3:41am
Quoting maflip
And 3 hours later. Complete {image}
GJ bro can bring me to hawaii fishing ?
Exits == most important part of your strategy
  • #15,124
  • Mar 11, 2016 3:42am Mar 11, 2016 3:42am
Quoting edmun1388
{quote} GJ bro can bring me to hawaii fishing ?
hah hah



Now it might actually go down if bulls cant break above the head. Being Friday and all. Raider may still be right but they gotta retest the head first which they are doing now.
  • #15,125
  • Edited 4:00am Mar 11, 2016 3:47am | Edited 4:00am
time thinking wave 2 or wave 3 begin built.
* I think that butterfly still got room up little, if break previous top , I cant imagine.
Exits == most important part of your strategy
  • #15,126
  • Mar 11, 2016 4:57am Mar 11, 2016 4:57am
Quoting maflip
If you really want a short take a close watch at EJ. This needs to go higher after London open to convince anyone it will go up more. It's at the apex right now something should happen soon. But if it keeps going up after the resistance dont fight it. {image}
And 4 hours later...

Ok but I gotta confess I did not short this one was too busy at GJ.
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  • #15,127
  • Mar 11, 2016 4:59am Mar 11, 2016 4:59am
my long achieved now the short ready. round trip lol
  • #15,128
  • Mar 11, 2016 6:02am Mar 11, 2016 6:02am
M30 view.

162.88 remains intact. Current 30 minute candle might be interesting.

Attached Image
  • #15,129
  • Mar 11, 2016 6:05am Mar 11, 2016 6:05am
Quoting simond2002
M30 view. 162.88 remains intact. Current 30 minute candle might be interesting. {image}
the us mob are meant to short this now, are you?
  • #15,130
  • Mar 11, 2016 6:14am Mar 11, 2016 6:14am
Quoting Pip-Miner
{quote} the us mob are meant to short this now, are you?
I'm not short yet. Depends on how this current M30 candle closes. If price remains more or less static and closes as per the attached chart then I'm not bothered to enter the market. If price breaks low out of this flag - that will be a different story (for me).

Attached Image
  • #15,131
  • Mar 11, 2016 7:21am Mar 11, 2016 7:21am
Quoting simond2002
{quote} I'm not short yet. Depends on how this current M30 candle closes. If price remains more or less static and closes as per the attached chart then I'm not bothered to enter the market. If price breaks low out of this flag - that will be a different story (for me). {image}
the triangle is broken
Attached Image (click to enlarge)
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  • #15,132
  • Mar 11, 2016 9:06am Mar 11, 2016 9:06am
Just be careful on the shorts now. True, High is not yet really broken. But it's been up all day and it's 2 hours passed US session and it's STILL not going down. Just be careful.

Have a great weekend.
  • #15,133
  • Mar 11, 2016 9:22am Mar 11, 2016 9:22am
I just want to add that this analysis was specifically M30 based and only related to that current candle
  • #15,134
  • Mar 11, 2016 9:35am Mar 11, 2016 9:35am
No worry , we all long only , wait 163.470 b4 go sleep .
* just finish type only , bearish butterfly come out from chart ..... so within 2 candle must close.
Exits == most important part of your strategy
  • #15,135
  • Mar 11, 2016 10:14am Mar 11, 2016 10:14am
yes....tp....I got 163.39 good enough.... 165.xx in play for Sunday
  • #15,136
  • Mar 11, 2016 10:22am Mar 11, 2016 10:22am
hey, in the old days everyone was a rooky posting rooky ideas searching for truth....not these days ....you guys are all over forex's case like pros
  • #15,137
  • Mar 11, 2016 10:38am Mar 11, 2016 10:38am
GU60

selling this thing at the touch of that trendline

GJ doesnt seem to be ready to quit yet...sitting on hands
Attached Image (click to enlarge)
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  • #15,138
  • Mar 11, 2016 10:47am Mar 11, 2016 10:47am
Quoting raiders
GU60 selling this thing at the touch of that trendline GJ doesnt seem to be ready to quit yet...sitting on hands {image}
​seems toooo much momentum but I am also tempted
  • #15,139
  • Edited 11:21am Mar 11, 2016 10:55am | Edited 11:21am
Quoting jsk3010
{quote} ​seems toooo much momentum but I am also tempted
its very strong right now. passed the trendline which is fine, i still think this is the end of the up trend for GU so im willing to eat some pips if need be.

15M, 30M, 1H, and 4H all showing its very overbought on the RSI and ready to turn over imo

so far its looking great...

im gonna wait for confirmation on GJ but im still looking for UJ to tank, maybe 108 is a good target?, so if this is the end of GU up and UJ tanks then this might be the end for GJ up....maybe??
  • #15,140
  • Mar 11, 2016 11:43am Mar 11, 2016 11:43am
Sunday has easy moves to catch...so we'll do short term then and see what it's up to....generally a major down move would only happen when the global stuff tanks....

so this upmove is all we got for hope till the math for the crunch hits the world scene....meaning down now is bad for the world....so it's up coz otherwise the end is now kinda thing....GBP/JPY is the canary.....
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