Dragon Riders GBP/JPY | Page 768 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Enter The Dragon - GBP/JPY 2 replies

Info on the Borihei-Dragon Scalping System? 15 replies

The Dragon 441 replies

Scalping The Dragon 34 replies

***Dragon II*** 15 replies

Attachments: Dragon Riders GBP/JPY
Exit Attachments

Dragon Riders GBP/JPY

  • #15,341
  • Mar 21, 2016 8:15am Mar 21, 2016 8:15am
Level : 160.951 - valid within 3 hours
Exits == most important part of your strategy
  • #15,342
  • Mar 21, 2016 8:25am Mar 21, 2016 8:25am
Quoting edmun1388
Level : 160.951 - valid within 3 hours
Do you mean 161.951? Because it hit 160.951 about the time you posted
  • #15,343
  • Mar 21, 2016 8:27am Mar 21, 2016 8:27am
Bought at rejection of support.
Attached Image (click to enlarge)
Click to Enlarge Name: sketch-1458566266789.jpg Size: 522 KB
  • #15,344
  • Mar 21, 2016 8:35am Mar 21, 2016 8:35am
Quoting gabe32
Bought at rejection of support. {image}
Exits == most important part of your strategy
  • #15,345
  • Mar 21, 2016 8:50am Mar 21, 2016 8:50am
Quoting PeteHFX
{quote} Do you mean 161.951? Because it hit 160.951 about the time you posted
sry that late post , normally I post slight earlier at my journal , and the level I post normally do give profit more then losses.
BUT my self is enter trade using M1 , like now I already 2 trade in ++ .
** previous short trade level is 161.0525 oanda time 1700(GMT +5)
Exits == most important part of your strategy
  • #15,346
  • Mar 21, 2016 9:31am Mar 21, 2016 9:31am
Quoting edmun1388
{quote} sry that late post , normally I post slight earlier at my journal , and the level I post normally do give profit more then losses. BUT my self is enter trade using M1 , like now I already 2 trade in ++ . ** previous short trade level is 161.0525 oanda time 1700(GMT +5)
well done I also shorted but from 161 and already closed for 50 pips profit. enough for me for today lol. just gonna relax and see whats the next setup later
  • #15,347
  • Mar 21, 2016 9:33am Mar 21, 2016 9:33am
Quoting MaryAnne
{quote} well done I also shorted but from 161 and already closed for 50 pips profit. enough for me for today lol. just gonna relax and see whats the next setup later
Haha , care a , normally the level i give always can give >40 - 300 pips move , this time fail becuz USD news .
* because the level I give is critical level , either up or down from there .
Exits == most important part of your strategy
  • #15,348
  • Mar 21, 2016 9:37am Mar 21, 2016 9:37am
Quoting edmun1388
{quote} Haha , care a , normally the level i give always can give >40 - 300 pips move , this time fail becuz USD news .
Thanks for sharing your levels bro
And yea, i dont like it when news or talking heads appear. can distort market prices... for me, quick 50 pips today is good enough (she wants to RT I think) will look if more setups later.

ps: I am cautious to long this pair since upside seems limited (so many resistance above). Path down seems easier... jpy just too strong, so the only way for this pair to rise is GBP strength but how


Green pips to all!
  • #15,349
  • Mar 21, 2016 10:35am Mar 21, 2016 10:35am
News cause whipsaws for the most part, I avoid trading those. Generally a news day is a lost day for me.

The pair seems very undecided to me, but I think it's more likely to start falling.
  • #15,350
  • Mar 21, 2016 11:17am Mar 21, 2016 11:17am
stevens speaking much later....AJ looking prime for a short
  • #15,351
  • Mar 21, 2016 12:48pm Mar 21, 2016 12:48pm
GBPJPY today play this , lolz , now I know how market player play forex/market .
160.446 - 160.50 --- 4 times
160.95 - 161.01 --- 3 times .

so , tomorrow is good day to me . . I will swing together with them, rofl .
** and teach my son forex , ask him no need go study university liu ..
Exits == most important part of your strategy
  • #15,352
  • Mar 21, 2016 6:03pm Mar 21, 2016 6:03pm
lets see if this fills the gap as an indicator on bearishness, some short opportunities developing, depending on your chosen methodology.
  • #15,353
  • Edited Mar 22, 2016 12:07am Mar 21, 2016 11:00pm | Edited Mar 22, 2016 12:07am
got short again a few min ago....looking for 157/156.8

edit...maybe im wrong...out at be
  • #15,354
  • Mar 22, 2016 12:36am Mar 22, 2016 12:36am
Quoting raiders
got short again a few min ago....looking for 157/156.8 edit...maybe im wrong...out at be
Added to my long term position , some major gbp news 4 hours, what a pathetic effort so far to close that gap
  • #15,355
  • Mar 22, 2016 3:14am Mar 22, 2016 3:14am
[quote=Pip-Miner;8828188]{quote} Added to my long term position , some major gbp news 4 hours, what a pathetic effort so far to close that gap[/quot
went down hard, didn't predict it to collapse so quickly like that but its a take in any case
  • #15,356
  • Mar 22, 2016 3:28am Mar 22, 2016 3:28am
Not sure if this is the cause of the drop but there appears to have been a potential terrorist attack at Belgium airport
  • #15,357
  • Mar 22, 2016 4:03am Mar 22, 2016 4:03am
[quote=Pip-Miner;8828439]
Quoting Pip-Miner
{quote} Added to my long term position , some major gbp news 4 hours, what a pathetic effort so far to close that gap[/quot went down hard, didn't predict it to collapse so quickly like that but its a take in any case
looks nice right now....was just too early in my entrance. anyways back in again will add more on the retrace as GU and UJ finally both seem to be cooperating
  • #15,358
  • Mar 22, 2016 6:03am Mar 22, 2016 6:03am
[quote=raiders;8828599][quote=Pip-Miner;8828439]{quote} looks nice right now....was just too early in my entrance. anyways back in again will add more on the retrace as GU and UJ finally both seem to be cooperating[/quote
Yes looks bearish enough so holding and enjoying the ride.
  • #15,359
  • Edited 7:32am Mar 22, 2016 7:21am | Edited 7:32am
Wao is this finally what you've all been waiting for? I already have a short on GU but not yet on GJ. I'm hoping GU can hit 1.42223. A 50 pips target from my 1.42728 entry.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB
  • #15,360
  • Mar 22, 2016 7:34am Mar 22, 2016 7:34am
Still holding my shorts from 161.40. Yesterday was boring, but looks like everything is developing nicely today.

I don't know how you guys do it... stress all the time on these small time frames, jumping in and out of positions constantly. There's a better way, kiddos. Move to the higher time frames and take a more methodical approach.
check out my blog: forexmademillionaire dot com
23 traders viewing now