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Dragon Riders GBP/JPY

  • #15,541
  • Mar 29, 2016 10:24am Mar 29, 2016 10:24am
GU M30 chart looks ugly.
  • #15,542
  • Edited 10:46am Mar 29, 2016 10:30am | Edited 10:46am
yeah it does...i have a feeling this pair wants to test the 3/11 high while GU goes to test that trendline

This chart is just me putting something together that matches with what GU is doing and still keeping the bearish sentiment in mind

Still not in any trade

Another scenario is that the recent up just finished wave 1 of the up move and we will get wave 2 now and wave 3 will blow right past the 3/11 hig
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  • #15,543
  • Mar 29, 2016 11:23am Mar 29, 2016 11:23am
yellen doing her best to kill the usd
  • #15,544
  • Mar 29, 2016 11:24am Mar 29, 2016 11:24am
Quoting raiders
yellen doing her best to kill the usd
ah hah hah hah yeah I read the statement. The aussies probably got inside info AUD began going up first before the statement.
  • #15,545
  • Mar 29, 2016 11:28am Mar 29, 2016 11:28am
my bullish divergence lolz ....nice spike.
Exits == most important part of your strategy
  • #15,546
  • Mar 29, 2016 11:30am Mar 29, 2016 11:30am
soo...yea...im thinking buy the dips. wouldnt mind a 50% correction here to get long
  • #15,547
  • Mar 29, 2016 11:34am Mar 29, 2016 11:34am
Quoting maflip
{quote} ah hah hah hah yeah I read the statement. The aussies probably got inside info AUD began going up first before the statement.
i knew she wasnt gonna say anything about raising rates, but i think its pretty evident now she wants a weak dollar as long as possible or at least until the chinese dump the majority of their us holdings? She keeps talking about the chinese so i think shes prob scared to death about all the holdings they have and the tidal wave of shit that will hit the market because of they way they have over leveraged themselves.
  • #15,548
  • Mar 29, 2016 1:11pm Mar 29, 2016 1:11pm
And here comes the currency war 2.0 ...
Fix up, trade sharp ...
  • #15,549
  • Mar 29, 2016 2:32pm Mar 29, 2016 2:32pm
still maintaining same target, although I do see that UJ is pushing lower, GBPUSD still got 100 or so points up and UJ will stabilize.
pattern is still incomplete.
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  • #15,550
  • Mar 30, 2016 1:01am Mar 30, 2016 1:01am
preffered scenario on GBP JPY daily chart. Shorted some lots GBP/JPY and EUR/JPY will add some more probably in 4-8 hours once we clear some more support levels.
this should be good for a ride to 155-156 area now.
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  • #15,551
  • Mar 30, 2016 2:45am Mar 30, 2016 2:45am
ok sold 10 lots gbp jpy and 4 lots eur jpy, USD JPY down and EUR USD / GBP USD topping out now. I don't see GU trading above 4450 at all, and USDJPY strong down.
  • #15,552
  • Mar 30, 2016 5:30am Mar 30, 2016 5:30am
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Testing 123.
Exits == most important part of your strategy
  • #15,553
  • Mar 30, 2016 6:52am Mar 30, 2016 6:52am
Had to close +1,5 lots long @ server time: 13:30 - ~161.870 (Avg. was 161.450-161.550)

Really unlucky on this one, account was sitting on ~%110 profit.

Reason: Broker failed to execute orders as there was an IT issue. *Tickmill
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  • #15,554
  • Mar 30, 2016 6:55am Mar 30, 2016 6:55am
Quoting openyoureyes
Had to close +1,5 lots long @ server time: 13:30 - ~161.870 (Avg. was 161.450-161.550) Really unlucky on this one, account was sitting on ~%110 profit. Reason: Broker failed to execute orders as there was an IT issue. *Tickmill {image}
At least you got a long and made some money. I saw this triangle breaking to the upside but did not took it as we are so close ADP News.
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  • #15,555
  • Mar 30, 2016 6:57am Mar 30, 2016 6:57am
Quoting maflip
{quote} At least you got a long and made some money. I saw this triangle breaking to the upside but did not took it as we are so close ADP News. {image}
I was adding much more around 161.55-161.60
I did see the price but couldn't execute any orders.

Than I closed to resolve the issue with broker...
This was easy ~%150-200, as %80 of the orders were above BE.

Now there is missing tick data on the chart, I won't be trading until that is solved...

Edit:
Waiting for another leg down to go long.
I want longs, will wait until GU is in position
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  • #15,556
  • Mar 30, 2016 7:00am Mar 30, 2016 7:00am
Quoting openyoureyes
{quote} I was adding much more around 151.55-151.60 I did see the price but couldn't execute any orders. Than I closed to resolve the issue with broker... This was easy ~%150-200, as %80 of the orders were above BE. Now there is missing tick data on the chart, I won't be trading until that is solved...
Could it be your broker is cheating you? A lot of MT4 brokers cheats like that.
  • #15,557
  • Mar 30, 2016 7:06am Mar 30, 2016 7:06am
They refunded me a close from ~161.87, but I had to close because of the issue.

In fact 162.00 was obvious and I wanted to carry the position + add more...

I have to find out if Tickmill issue was widespread. Anyone trading with Tickmill around here?
  • #15,558
  • Mar 30, 2016 7:08am Mar 30, 2016 7:08am
Quoting openyoureyes
They refunded me a close from ~161.87, but I had to close because of the issue. In fact 162.00 was obvious and I wanted to carry the position + add more... I have to find out if Tickmill issue was widespread. Anyone trading with Tickmill around here?
I used to trade with Tickmill formerly Armada i had some problems with them too before stops getting hit without price going there. I don't have proof but I left them a long time ago.
  • #15,559
  • Mar 30, 2016 7:16am Mar 30, 2016 7:16am
Yes, same here I was trading from Armada too before.
They are not the only broker I use, but their tick data seemed reliable.
This is the first time I am having an issue, but this is a huge problem from my point of view...

So sad to see GJ hit my ex-TP 162.2
  • #15,560
  • Mar 30, 2016 7:18am Mar 30, 2016 7:18am
News sucks sometimes when you gotta wait for a trade after release. I think might now go to 163 without me.

163 is a 1:1 move of the triangle let's see it it gets there.
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