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Dragon Riders GBP/JPY

  • #15,281
  • Mar 17, 2016 7:42am Mar 17, 2016 7:42am
Quoting maflip
{quote} GBP bank rate came out. And it's unchanged. And good idea since news is coming out. Glad you made money.
I didn't imagine that would move the market as much. I wasn't excepting them to touch rates myself.
  • #15,282
  • Mar 17, 2016 7:58am Mar 17, 2016 7:58am
Quoting maflip
But wait. This guy is a good trader. Most of the shorts is from him. {image}
Hard to understand why he deposited $4.3 million... but withdraw only $600k so far.... he like to keep his money with his broker...
  • #15,283
  • Mar 17, 2016 8:06am Mar 17, 2016 8:06am
Quoting hello966
{quote} Hard to understand why he deposited $4.3 million... but withdraw only $600k so far.... he like to keep his money with his broker...
A rich Russion he should be ok. Might have Billions at the bank.
  • #15,284
  • Mar 17, 2016 8:10am Mar 17, 2016 8:10am
I was really expecting this to be a pump and dump. But not anymore. This spike have a follow through.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 39 KB
  • #15,285
  • Mar 17, 2016 8:13am Mar 17, 2016 8:13am
Looks like the move up could be due to the BOJ doing a ring around for a rate check.
  • #15,286
  • Mar 17, 2016 8:25am Mar 17, 2016 8:25am
161.40... good to sell. i don't think this spike will carry on.
  • #15,287
  • Mar 17, 2016 8:31am Mar 17, 2016 8:31am
overslept....anyways inverted head and shoulders? Maybe? I might just buy this dip if this level holds. Perhaps wave 4 wasn't over and this is just a correction in the correction?? Maybe we go to 167ish?? If this level holds RR is amazing
  • #15,288
  • Mar 17, 2016 8:49am Mar 17, 2016 8:49am
Quoting raiders
overslept....anyways inverted head and shoulders? Maybe? I might just buy this dip if this level holds. Perhaps wave 4 wasn't over and this is just a correction in the correction?? Maybe we go to 167ish?? If this level holds RR is amazing
If the BOJ decide to intervene it could go that high. I doubt it could go higher than 167.25 though
  • #15,289
  • Mar 17, 2016 9:00am Mar 17, 2016 9:00am
163 is my cap on this without BOJ intervention. BOJ intervention worth about 400 pips but I doubt they will do anything.
  • #15,290
  • Mar 17, 2016 9:56am Mar 17, 2016 9:56am
short now, tp open sl 161.70
  • #15,291
  • Mar 17, 2016 10:08am Mar 17, 2016 10:08am
Quoting MarkoTrd
short now, tp open sl 161.70
BE. Risk Free.
  • #15,292
  • Mar 17, 2016 10:28am Mar 17, 2016 10:28am
ty.
  • #15,293
  • Mar 17, 2016 10:29am Mar 17, 2016 10:29am
Quoting MarkoTrd
ty.
clowns.
  • #15,294
  • Mar 17, 2016 11:10am Mar 17, 2016 11:10am
Quoting PeteHFX
{quote} If the BOJ decide to intervene it could go that high. I doubt it could go higher than 167.25 though
youre right....pair is just pulling funky moves right now. Maybe we go to 162ish before a drop? Yen pairs are still in sell mode...thinking this pair is just whipping around because of the GU rise? Anyways, back to looking for 162ish
  • #15,295
  • Mar 17, 2016 11:12am Mar 17, 2016 11:12am
Quoting Pip-Miner
163 is my cap on this without BOJ intervention. BOJ intervention worth about 400 pips but I doubt they will do anything.
youre right. Im gonna put my SL at fridays high and short from the next up move....
  • #15,296
  • Mar 17, 2016 11:58am Mar 17, 2016 11:58am
Level 160.280. - within 4 hours

160.876 show up trend strength
Exits == most important part of your strategy
  • #15,297
  • Mar 17, 2016 2:14pm Mar 17, 2016 2:14pm
short, tp: 111.522 long term.
  • #15,298
  • Mar 17, 2016 3:15pm Mar 17, 2016 3:15pm
Looks like Daily FX are targetting 164.85
Attached Image (click to enlarge)
Click to Enlarge Name: Forex-GBPJPY-Bullish-Above-159.40--Break-of-164.85-to-Mark-Behavior-Change_body_Picture_3.png Size: 131 KB
  • #15,299
  • Mar 17, 2016 3:22pm Mar 17, 2016 3:22pm
Quoting PeteHFX
Looks like Daily FX are targetting 164.85 {image}
I really hope you don't take trade advice from FXCM. Those clowns can barely keep their company afloat.
check out my blog: forexmademillionaire dot com
  • #15,300
  • Mar 17, 2016 3:38pm Mar 17, 2016 3:38pm
Quoting Geppy
{quote} I really hope you don't take trade advice from FXCM. Those clowns can barely keep their company afloat.
I like to look at forecasts from many different sites. A broad range of opinions arent always a bad thing.Didnt you also say at the beginning of the week: "In fact, I really like a test of the 50% fib at 164.81"?
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