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Dragon Riders GBP/JPY

  • #16,181
  • Apr 9, 2016 8:59am Apr 9, 2016 8:59am
Quoting JampelD
{quote} what is the mofu indicator please? can you summarize. i can't see it as standard on MT4. if it's complex perhaps you could direct me somewhere online to find it. cheers JD
its just a custom fib... you can find it on image attachments of some members
  • #16,182
  • Apr 9, 2016 9:48am Apr 9, 2016 9:48am
Quoting Don96
{quote} its just a custom fib... you can find it on image attachments of some members
much obliged Don96
  • #16,183
  • Apr 9, 2016 3:59pm Apr 9, 2016 3:59pm
Quoting duderoo1
{quote} Someone mentioned GBP/AUD daily movement is higher and thus more volatile?
Yes I m from Australia, we like to trade it in tandem with the dragon as they move even in the Asian session. However, as a beginner it was a terrifying experience.
  • #16,184
  • Apr 9, 2016 7:33pm Apr 9, 2016 7:33pm
Quoting jajano
Hi everyone, I'm new to GBPJPY pair, is there any strategy i can follow for this particular pair?
right now might be a fun sell.......at a 30 minute mark......minute hand up or down within 3 ticks, small stop is cool 22 or 44 pips......then if we see a rise of 215 pips....sell the hail out of that....during the first three hours of any session....

edit add....welcome to the tiger riders....grab him by tail and let him drag us through the got tam jungle......
  • #16,185
  • Apr 10, 2016 8:19am Apr 10, 2016 8:19am
Geppy 80% of FF short? Oh oh
Attached Image
  • #16,186
  • Apr 10, 2016 8:24am Apr 10, 2016 8:24am
Quoting maflip
Geppy 80% of FF short? Oh oh {image}
Small sample size though.
Fix up, trade sharp ...
  • #16,187
  • Apr 10, 2016 8:28am Apr 10, 2016 8:28am
Quoting Hickson
{quote} Small sample size though.
I see 57%? (82 traders) ...

But Mr. Hickson is correct. a miniscule slice of a minuscule fraction. Hardly reliable imho.
Ghost Rider - WWTBMD?
  • #16,188
  • Apr 10, 2016 9:29am Apr 10, 2016 9:29am
Quoting maflip
Geppy 80% of FF short? Oh oh {image}
I honestly don't look at this much because the sample size is so tiny.

And if I did... I'd look more at the # of traders long/short than the number of lots.
check out my blog: forexmademillionaire dot com
  • #16,189
  • Apr 10, 2016 11:05am Apr 10, 2016 11:05am

Attached Image
  • #16,190
  • Apr 10, 2016 11:26am Apr 10, 2016 11:26am
Hey gang, my world famous (yeah, right) weekly outlook is live: http://www.forexmademillionaire.com/...ook-4-10-2016/
check out my blog: forexmademillionaire dot com
  • #16,191
  • Apr 10, 2016 11:47am Apr 10, 2016 11:47am
I've got 3 levels right a the bottom of this move... all drawn from weekly timeframes. Although I don't think UJ's move is done, unless pound surges this week I'm not sure if they will hold. my current trades are UC long and UC long so perhaps more JPY strength for UJ down. I have a lot of charts and pairs all showing some important levels right now... this GJ just one contradiction, maybe pound rises, while Euro/CHF/Cad fall... a lot of variables thinking too deeply but whatever
GJ M5 and M15
you can see how accurate the levels are from weekly timeframe over a long period on these small timeframes... might have some substance to it... I'm probably wrong
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  • #16,192
  • Apr 10, 2016 2:16pm Apr 10, 2016 2:16pm
Quoting Geppy
Hey gang, my world famous (yeah, right) weekly outlook is live: http://www.forexmademillionaire.com/...ook-4-10-2016/
Hi Geppy, where is this trend-matrix from? Looks like a sheet from an institution. Some brokers or signal services have these as well. As for EUR/USD, I also hope for breakout to see a new rally. This range is nasty, but for now we can only use the levels.
Fix up, trade sharp ...
  • #16,193
  • Apr 10, 2016 2:58pm Apr 10, 2016 2:58pm
Quoting Hickson
{quote} Hi Geppy, where is this trend-matrix from? Looks like a sheet from an institution. Some brokers or signal services have these as well. As for EUR/USD, I also hope for breakout to see a new rally. This range is nasty, but for now we can only use the levels.
It's from... me.

It's a tool I developed and put into Google Sheets and (usually) update it on a daily basis. Whenever I update it it updates live to my blog here:

http://www.forexmademillionaire.com/forex-trends-tool/
check out my blog: forexmademillionaire dot com
  • #16,194
  • Apr 10, 2016 4:21pm Apr 10, 2016 4:21pm
Don96....your avatar...cool

the only thing standing between you and your goal is the bullshit story you keep telling yourself as to why you can't achieve it......
  • #16,195
  • Apr 10, 2016 4:32pm Apr 10, 2016 4:32pm
Quoting Gbp/jpy
Don96....your avatar...cool the only thing standing between you and your goal is the bullshit story you keep telling yourself as to why you can't achieve it......
​okay good one
  • #16,196
  • Apr 10, 2016 4:44pm Apr 10, 2016 4:44pm
I wanna copy that.....and tell everyone I invented it.....he he...cool
  • #16,197
  • Apr 10, 2016 4:50pm Apr 10, 2016 4:50pm
Quoting Gbp/jpy
I wanna copy that.....and tell everyone I invented it.....he he...cool
I don't get what point your trying to make?​
  • #16,198
  • Apr 10, 2016 5:10pm Apr 10, 2016 5:10pm
Quoting Don96
{quote} I don't get what point your trying to make?​
Do not mind him, it's just the age I guess
Fix up, trade sharp ...
  • #16,199
  • Apr 10, 2016 5:13pm Apr 10, 2016 5:13pm
Quoting Hickson
{quote} Do not mind him, it's just the age I guess
​yeah I gathered
  • #16,200
  • Apr 10, 2016 5:33pm Apr 10, 2016 5:33pm
Quoting Hickson
{quote} Do not mind him, it's just the age I guess
Lol grumpy bear
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