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Dragon Riders GBP/JPY

  • #15,781
  • Apr 4, 2016 4:12am Apr 4, 2016 4:12am
Quoting maflip
{quote} Thanks bro already out. What's most important is we loose small and we gain big. I'm done this London session. Will be back US session.

Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #15,782
  • Apr 4, 2016 4:43am Apr 4, 2016 4:43am
Quoting asgcorp
can't agree here about the patterns. Patterns are a natural part of any ranging market. And any market will range 80% of the time and trend only 20% of the time. Patterns won't work in a trending market, not just harmonics, any TA patterns just won't work. Other then that bottomline is it don't matter, if you can be profitable by trading patterns or Goku pullbacks/retracements, then by all means go ahead and use Goku. {image}
Goku? never heard or used that methodology before
  • #15,783
  • Apr 4, 2016 4:47am Apr 4, 2016 4:47am
Holy GU chop. GJ Wave 4 coming?
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  • #15,784
  • Apr 4, 2016 4:52am Apr 4, 2016 4:52am
what cracks me up that harmonic example we done earlier is making money, with the trend,
EURAUD
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  • #15,785
  • Apr 4, 2016 4:59am Apr 4, 2016 4:59am
UJ just shy of possibly becoming a cypher... 141.4 fib.

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  • #15,786
  • Apr 4, 2016 5:08am Apr 4, 2016 5:08am
Quoting maflip
Holy GU chop. GJ Wave 4 coming? {image}
sideways..

will wait for US open.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #15,787
  • Apr 4, 2016 5:11am Apr 4, 2016 5:11am
Quoting Almo2312
{quote} sideways.. will wait for US open.
Yes same here
  • #15,788
  • Apr 4, 2016 6:36am Apr 4, 2016 6:36am
Great they whip it then it goes my way. GJ May still have a bit more room for a retracement up. For GU I'm watching weakness to short around the 100 and 127 area. That's my 2 cents this US session. Off course weakness something like a fractal/trendline break to the downside. If none of those happens then I'm not short.
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  • #15,789
  • Apr 4, 2016 6:38am Apr 4, 2016 6:38am
Quoting Pip-Miner
what cracks me up that harmonic example we done earlier is making money, with the trend, EURAUD {image}
It was a perfect example of a trendline bounce. That's why I posted it lol truth be told I didn't even get triggered because it didn't make it to my trendline. I'm very strict when it comes to my lines because I want the cheapest most extreme price to make sure it has fully exhausted. Come to mention it I'm not in any trade yet lol might get long on gj if it pulls back though because technically it broke the little down trend formation
  • #15,790
  • Apr 4, 2016 6:43am Apr 4, 2016 6:43am
Quoting maflip
Great they whip it then it goes my way. GJ May still have a bit more room for a retracement up. For GU I'm watching weakness to short around the 100 and 127 area. That's my 2 cents this US session. Off course weakness something like a fractal/trendline break to the downside. If none of those happens then I'm not short. {image}
Shady move,will short it at 159.50 ish.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #15,791
  • Apr 4, 2016 6:45am Apr 4, 2016 6:45am
Quoting Almo2312
{quote} Shady move,will short it at 159.50 ish.
Ok bro
  • #15,792
  • Apr 4, 2016 7:02am Apr 4, 2016 7:02am
Quoting raiders
{quote} It was a perfect example of a trendline bounce. That's why I posted it lol truth be told I didn't even get triggered because it didn't make it to my trendline. I'm very strict when it comes to my lines because I want the cheapest most extreme price to make sure it has fully exhausted. Come to mention it I'm not in any trade yet lol might get long on gj if it pulls back though because technically it broke the little down trend formation
it was a good trade. you know my view with dragon strictly sell and near 161, with the major trend. Looks like our prediction of going up early in week then tanking, like it has done last few weeks, may come true.
  • #15,793
  • Apr 4, 2016 7:29am Apr 4, 2016 7:29am
Quoting Pip-Miner
{quote} it was a good trade. you know my view with dragon strictly sell and near 161, with the major trend. Looks like our prediction of going up early in week then tanking, like it has done last few weeks, may come true.
Yea man. I think we need to test the recent break. I'm not sure how deep the pullback goes though. Depends on UJ next move I think. Either way I don't like holding anything longer than 100 pips currently because I think we're still in an area where things can go either way
  • #15,794
  • Edited 9:10am Apr 4, 2016 8:57am | Edited 9:10am
Quoting longshot_nl
UJ just shy of possibly becoming a cypher... 141.4 fib. {image}
cypher level met, shows some rejection.
actually it missed by a pip. but ok to trade at D.
It missed my trade by a pip too.
  • #15,795
  • Apr 4, 2016 10:09am Apr 4, 2016 10:09am
long G/Y 158.91. I think we are oversold here. Target 162
  • #15,796
  • Apr 4, 2016 10:13am Apr 4, 2016 10:13am
Quoting Almo2312
{quote} Shady move,will short it at 159.50 ish.
yep , so far looking good + 80 will hold it
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #15,797
  • Apr 4, 2016 10:21am Apr 4, 2016 10:21am
Quoting Pip-Miner
{quote} what you doing with dragon lad, any thoughts on the current situation ?
Yep yep, plenty of thoughts in my weekly outlook. Nothing has changed for me, just sitting on and adding to shorts when appropriate.
check out my blog: forexmademillionaire dot com
  • #15,798
  • Edited 10:39am Apr 4, 2016 10:23am | Edited 10:39am
Quoting longshot_nl
{quote} cypher level met, shows some rejection. actually it missed by a pip. but ok to trade at D. It missed my trade by a pip too.
stopped out. cypher disregarded.
this is last long i will try...
its not at the 88.6 level because the 50% fib is broken which should affect the bats performance. I question if it even is a bat like this.
at my level there is confluence with S2, ab=cd and other stuff.
just 10 pips stop-loss.

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  • #15,799
  • Apr 4, 2016 10:50am Apr 4, 2016 10:50am
Quoting longshot_nl
{quote} stopped out. cypher disregarded. this is last long i will try... its not at the 88.6 level because the 50% fib is broken which should affect the bats performance. I question if it even is a bat like this. at my level there is confluence with S2, ab=cd and other stuff. just 10 pips stop-loss. {image}
lol, still trying to long. OK, I concede... here's a chart for you kidos. It doesn't get much simpler/easier than this. Broken support, retested, trending is down... I wonder what to do?!?!

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check out my blog: forexmademillionaire dot com
  • #15,800
  • Edited 11:17am Apr 4, 2016 11:05am | Edited 11:17am
Quoting Geppy
{quote} lol, still trying to long. OK, I concede... here's a chart for you kidos. It doesn't get much simpler/easier than this. Broken support, retested, trending is down... I wonder what to do?!?! {image}
its not even the same pair.
you may want to learn about harmonic patterns too.
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