Dragon Riders GBP/JPY | Page 804 | 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

  • #16,061
  • Apr 8, 2016 1:26am Apr 8, 2016 1:26am
Quoting maflip
{quote} Oh that yeah 2 and half more hours.
yea man don't forget end of week and people are unloading positions to get flat. imo sort term cad long might actually give the most bang for the buck today, Cad news expected to be good plus unwinding of yen shorts should give a nice pop come news time. but I'm not even looking at it will news time
  • #16,062
  • Apr 8, 2016 1:31am Apr 8, 2016 1:31am
Quoting raiders
{quote} yea man don't forget end of week and people are unloading positions to get flat. imo sort term cad long might actually give the most bang for the buck today, Cad news expected to be good plus unwinding of yen shorts should give a nice pop come news time. but I'm not even looking at it will news time
I see ok thanks bro
  • #16,063
  • Apr 8, 2016 1:34am Apr 8, 2016 1:34am
My sell stop order is waiting at 152.70
  • #16,064
  • Apr 8, 2016 1:40am Apr 8, 2016 1:40am
Quoting raiders
{quote} yea man don't forget end of week and people are unloading positions to get flat. imo sort term cad long might actually give the most bang for the buck today, Cad news expected to be good plus unwinding of yen shorts should give a nice pop come news time. but I'm not even looking at it will news time
Yes bro been cad long few days top trend line easy pickings , in the cad thread . Other trades still in are long term positions in dragon and usdjpy that's it no more trading just relax . Cashed in 30% this week other trades time to relax .
Ps: I advise to not long dragon instead look for short entries
  • #16,065
  • Apr 8, 2016 1:53am Apr 8, 2016 1:53am
GBP still weak against all pairs. Currently the weakest on all pairs before London open. But dang I gotta blame my broker my sell stop ON GBPUSD did not trigger what is up with that. But that second trendline I gotta watch out for it could turn into a B.
Attached Image
  • #16,066
  • Apr 8, 2016 1:54am Apr 8, 2016 1:54am
Quoting subbusuper
My sell stop order is waiting at 152.70
Triggered
  • #16,067
  • Apr 8, 2016 2:21am Apr 8, 2016 2:21am
Quoting subbusuper
{quote} Triggered
Not looking good we might get stopped out bro
  • #16,068
  • Apr 8, 2016 2:48am Apr 8, 2016 2:48am
Quoting maflip
{quote} Not looking good we might get stopped out bro
SL was 40 pips and hit
  • #16,069
  • Apr 8, 2016 2:51am Apr 8, 2016 2:51am
Quoting subbusuper
{quote} SL was 40 pips and hit
Yeah it broke out the wrong way. I got hit too.
  • #16,070
  • Apr 8, 2016 2:55am Apr 8, 2016 2:55am
Did everyone see that huge bar? Wow... clearing out stop? Pump and dump again? Ahead of UK news though... so no thanks. Just sitting and watching PA (again for now). Been scalping DAX instead

ps: jpy seems weakened a lot and GBP stronger.

Quoting Mpt
Apart from the fact that 152 was a launch place in Sept 2013, I find it slightly interesting that Nov 2012 it broke out of its bullish long term triangle and retested at 125.7. 195 ~125.7 has its 61.8 retracement at 152 At least good for a bounce/consolidation
Interesting info there. So this could actually lead to some choppy trading or deeper RT? Would love to hear more of your analysis too
  • #16,071
  • Apr 8, 2016 2:55am Apr 8, 2016 2:55am
Quoting AussieForexM
{quote} That's why they call her the widow maker... Watch out, she's brewing something up.
Indeed and revealed.
  • #16,072
  • Apr 8, 2016 3:06am Apr 8, 2016 3:06am
wait gj retrace , then add or re-long it.
level /SL : 152.93
* I already long for 7 hours ...zzzZZZ
Exits == most important part of your strategy
  • #16,073
  • Apr 8, 2016 3:07am Apr 8, 2016 3:07am
Hello, All the best for your success

GBPJPY : No Worry about the spike up, it will go down for sure in 30 to 45 Minutes.

At your Risk : Catch the Short Train Now, Good for Short Entry 154..Lot of Resistance at this point.

My View : 154 Short, TP - 151.50 , SL- 154.50

Best regards
  • #16,074
  • Apr 8, 2016 3:09am Apr 8, 2016 3:09am
Lost -45 made +55 at stop and reverse.

That is some f'ked up move though.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #16,075
  • Apr 8, 2016 3:15am Apr 8, 2016 3:15am
See GU up too big spike up after media said more down move to come.

http://www.forexfactory.com/news.php?do=news&id=586216

Media is in cahoots guys
  • #16,076
  • Apr 8, 2016 3:17am Apr 8, 2016 3:17am
no worry brother , later you can re-long gj and catch pips.
* wait for the reverse UP only.
Exits == most important part of your strategy
  • #16,077
  • Apr 8, 2016 3:24am Apr 8, 2016 3:24am
Quoting maflip
{quote} Yeah it broke out the wrong way. I got hit too.
May be we should wait for the same price(near 152.70) to sell again...
  • #16,078
  • Apr 8, 2016 3:28am Apr 8, 2016 3:28am
Kissed 23.6 and coming back?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYbH4 kissed.png Size: 25 KB
  • #16,079
  • Apr 8, 2016 3:46am Apr 8, 2016 3:46am
As long as price not close below 152.93 , I only look for long only.
Exits == most important part of your strategy
  • #16,080
  • Apr 8, 2016 3:51am Apr 8, 2016 3:51am
Quoting subbusuper
Kissed 23.6 and coming back? {image}
Right now I'm just watching price action. Curently they are testing the trendline break to the upside. This would be the area to watch whether it continue up for now or break back down.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 74 KB
10 traders viewing now