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Dragon Riders GBP/JPY

  • #15,681
  • Apr 1, 2016 8:39am Apr 1, 2016 8:39am
Quoting RadboneFX
{quote} Oops. Got that trade totally wrong! That's what I get for breaking one of my trading rules. No opening a position 30 mins before or after a major news announcement!
No no no you should have just said oops. It's April fools I am not long but short. Nice excuse eh?

It's cool.
  • #15,682
  • Apr 1, 2016 9:48am Apr 1, 2016 9:48am
Took a long here. High'ish risk but PA looks ok. If it comes back and tests the low and gives a decent bullish PA, I'll buy another.

Attached Image
  • #15,683
  • Apr 1, 2016 10:22am Apr 1, 2016 10:22am
?
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 159 KB
  • #15,684
  • Apr 1, 2016 10:31am Apr 1, 2016 10:31am
?
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  • #15,685
  • Apr 1, 2016 10:43am Apr 1, 2016 10:43am
Quoting maflip
{quote} This Geppy? {image}
Got a crush on me there, bud?
check out my blog: forexmademillionaire dot com
  • #15,686
  • Edited 11:57am Apr 1, 2016 11:27am | Edited 11:57am
Quoting Geppy
{quote} Got a crush on me there, bud?
hah hah no it's just the photo looks fearsome with a sarcastic grin

No mean to offend
  • #15,687
  • Apr 1, 2016 12:05pm Apr 1, 2016 12:05pm
Hello Dragon Riders,
Geppy have a strong support around 158.44, bounced twice before from that area
Anyone planning long there?
  • #15,688
  • Apr 1, 2016 12:55pm Apr 1, 2016 12:55pm
Quoting maflip
{quote} hah hah no it's just the photo looks fearsome with a sarcastic grin No mean to offend
Haha, gotcha. Been a good day for my shorts today
check out my blog: forexmademillionaire dot com
  • #15,689
  • Apr 1, 2016 1:02pm Apr 1, 2016 1:02pm
4-hr chart. Looks like we have some more to go.....maybe until 157.00?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 69 KB
Lost....
  • #15,690
  • Apr 1, 2016 1:09pm Apr 1, 2016 1:09pm
Good day all, I've been traveling the last few weeks, but glad to be back.

My last short trade I had on just hit its target at 159.02. I expect a possible minor bounce before end of day or minor deterioration to the downside before market close (if any). Fundamentally going into next week is setting up nicely for uncertainty as the NFP came in expected with "in line expectation" of my own and may other well known outlets, however reading between the lines there is with weak wage growth. Which is concerning heading into spring. I'm highly cautious of risk aversion and I'm currently very bearish short term and long term on JPY cross's any upswings will be an opportunity short for me.

Have a good week.
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the market can remain irrational longer than you can remain solvent
  • #15,691
  • Apr 1, 2016 2:43pm Apr 1, 2016 2:43pm
the move south aint' done yet, final target is around 155-156 where GJ is expected to reverse. GU at the same time should hit 3980-4020.
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  • #15,692
  • Apr 1, 2016 2:44pm Apr 1, 2016 2:44pm
if yous are long now yous are nuts.
  • #15,693
  • Apr 1, 2016 2:44pm Apr 1, 2016 2:44pm
Quoting simond2002
Took a long here. High'ish risk but PA looks ok. If it comes back and tests the low and gives a decent bullish PA, I'll buy another. {image}
Stopped.

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Rationale for attempting to trade into a M15 swing point was based on deep test of Daily demand that had formed around S/R.

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  • #15,694
  • Apr 1, 2016 3:27pm Apr 1, 2016 3:27pm
shared earlier before the collapse .. I have no pity
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  • #15,695
  • Apr 1, 2016 3:34pm Apr 1, 2016 3:34pm
Quoting Pip-Miner
shared earlier before the collapse .. I have no pity {image}
Can't remember asking for any.
  • #15,696
  • Apr 1, 2016 5:28pm Apr 1, 2016 5:28pm
pending order MO @ asian GJ long @ 158.50 SL 25 TP 159.50
  • #15,697
  • Apr 1, 2016 7:11pm Apr 1, 2016 7:11pm
Quoting asgcorp
pending order MO @ asian GJ long @ 158.50 SL 25 TP 159.50
this is good trade if you must long.
  • #15,698
  • Apr 1, 2016 7:53pm Apr 1, 2016 7:53pm
Attached Image (click to enlarge)
Click to Enlarge Name: GJ240.png Size: 214 KB
  • #15,699
  • Apr 1, 2016 10:49pm Apr 1, 2016 10:49pm
Quoting raiders
{image}
expecting initial move up early in the week towards 161 then choppy downward trend continuation towards 155.
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  • #15,700
  • Apr 2, 2016 1:57am Apr 2, 2016 1:57am
Quoting Pip-Miner
{quote} expecting initial move up early in the week towards 161 then choppy downward trend continuation towards 155. {image}
yeah that's a good plan!
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