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Dragon Riders GBP/JPY

  • #15,261
  • Mar 17, 2016 12:34am Mar 17, 2016 12:34am
Quoting PeteHFX
BOJ Gov Kuroda speaking in a little over an hour. He could try and jaw bone down jpy as per usual.
meaning eurjpy,gbpjpy going up?
  • #15,262
  • Mar 17, 2016 1:00am Mar 17, 2016 1:00am
Quoting edmun1388
nvm , I use my own method still able catch +50 pips from that down move , but previous up because I target using wave , so blow my >+77 pips , at last only get +17 pips , rofl , bad idea move to wave.
I mostly just use the wave to know where I am within the trend. I still use trendlines, pivot levels and and fibs as my main trading tools. Waves are tough because everyone will count differently
  • #15,263
  • Mar 17, 2016 1:02am Mar 17, 2016 1:02am
Quoting TheFutureAce
{quote} meaning eurjpy,gbpjpy going up?
hes prob going to say a bunch of nothing as usual and the thing will spike 100 pips then go back on its way
  • #15,264
  • Mar 17, 2016 1:13am Mar 17, 2016 1:13am
Quoting raiders
{quote} hes prob going to say a bunch of nothing as usual and the thing will spike 100 pips then go back on its way
thanks. off topic: Go Raiders. big fan here as well from bay
  • #15,265
  • Mar 17, 2016 1:23am Mar 17, 2016 1:23am
Quoting TheFutureAce
{quote} thanks. off topic: Go Raiders. big fan here as well from bay
NICE! Yes sir Go Raiders. Im down in LA.
  • #15,266
  • Mar 17, 2016 1:32am Mar 17, 2016 1:32am
Quoting raiders
{quote} NICE! Yes sir Go Raiders. Im down in LA.
nice. u bummed they didnt come to LA ?

nice additions in the offeseason.
  • #15,267
  • Mar 17, 2016 1:34am Mar 17, 2016 1:34am
Nice and hot Down here in Aussie , dragon looking weaker then expected. Thinking of a multi entry averaged in approach on the next spike up, due in the euro or American open . I don't want to miss the short like last time when it bounced of the 200 ma
  • #15,268
  • Mar 17, 2016 2:18am Mar 17, 2016 2:18am
lol pound is so weak right now the only currency it's strong against at this time is the dollar.
  • #15,269
  • Mar 17, 2016 2:47am Mar 17, 2016 2:47am
Quoting TheFutureAce
{quote} nice. u bummed they didnt come to LA ? nice additions in the offeseason.
not bummed at all. cant deal with the traffic now it would only be worse lol. very nice offseason. i cant wait
  • #15,270
  • Mar 17, 2016 2:53am Mar 17, 2016 2:53am
im seeing all kinds of bullish divergence across the 5,15,30 and 1h chart. UJ basically sitting on a 50fib from the high in 98 to the low in 2011. Daily S2 for the dragon is 159.044. Im gonna start looking for longs
  • #15,271
  • Mar 17, 2016 2:58am Mar 17, 2016 2:58am
Me too my friend i'm also looking for long. But on NU I can't wait for a retracement.

Aww scratch NU i just looked at the big picture it's in a range looking at H4.

But I'm on a hunt for a dollar pair right now.
  • #15,272
  • Mar 17, 2016 3:35am Mar 17, 2016 3:35am
Sold GBPJPY @ 159.55 with SL 159.70, late entry still small risk.
  • #15,273
  • Mar 17, 2016 4:28am Mar 17, 2016 4:28am
resistance : 160.078 - within 2 hours , take own risk .
Exits == most important part of your strategy
  • #15,274
  • Mar 17, 2016 7:03am Mar 17, 2016 7:03am
98% of people on FF are shorts? Maybe now it's gonna go up.
Attached Image
  • #15,275
  • Mar 17, 2016 7:05am Mar 17, 2016 7:05am
But wait. This guy is a good trader. Most of the shorts is from him.
Attached Image (click to enlarge)
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  • #15,276
  • Mar 17, 2016 7:14am Mar 17, 2016 7:14am
Quoting maflip
98% of people on FF are shorts? Maybe now it's gonna go up. {image}
Minutes after I said it. It did spiked up.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 38 KB
  • #15,277
  • Mar 17, 2016 7:22am Mar 17, 2016 7:22am
Oh someone somewhere loaded the market, what a spike, from really some none earth shattering news. Still fetched a boatload of pips from that short sure glad I kept moving my stoploss down.
  • #15,278
  • Mar 17, 2016 7:24am Mar 17, 2016 7:24am
Quoting gabe32
Oh someone somewhere loaded the market, what a spike, from really some none earth shattering news. Still fetched a boatload of pips from that short sure glad I kept moving my stoploss down.
GBP bank rate came out. And it's unchanged.

And good idea since news is coming out. Glad you made money.
  • #15,279
  • Mar 17, 2016 7:28am Mar 17, 2016 7:28am
+100 pips spike on a 400 lot that dude lost a lot of money in 10 minutes.
  • #15,280
  • Mar 17, 2016 7:39am Mar 17, 2016 7:39am
Quoting edmun1388
resistance : 160.078 - within 2 hours , take own risk .
work again .
Exits == most important part of your strategy
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