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Dragon Riders GBP/JPY

  • #16,221
  • Apr 11, 2016 3:37am Apr 11, 2016 3:37am
Quoting teatime
longtime for a few pips {image}
Trailing the profit awesome
  • #16,222
  • Apr 11, 2016 3:42am Apr 11, 2016 3:42am
Quoting maflip
{quote} Trailing the profit awesome
Damn, I missed the up trend.
I just left for 5 minutes and it goes up
Don't trust me. I'm still newbie
  • #16,223
  • Apr 11, 2016 3:44am Apr 11, 2016 3:44am
Quoting maflip
{quote} Trailing the profit awesome
sl and tp to find ist not so easy for me , i am learning now sl 105 pips for me and waiting for more rising
donīt follow me,you will loose your moneyy
  • #16,224
  • Apr 11, 2016 4:28am Apr 11, 2016 4:28am
Quoting Don96
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 held to the pip again this morning for a bounce of 190+
Attached Image (click to enlarge)
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  • #16,225
  • Apr 11, 2016 4:37am Apr 11, 2016 4:37am
Quoting teatime
{quote} sl and tp to find ist not so easy for me , i am learning now sl 105 pips for me and waiting for more rising
sl taken 105 pips ; and new long at TL
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYmicroM5.png Size: 55 KB
donīt follow me,you will loose your moneyy
  • #16,226
  • Apr 11, 2016 5:47am Apr 11, 2016 5:47am
why is this up trend happening ? And I dont understand why usd and eur is not doing to same against jpy. And idea ?
  • #16,227
  • Apr 11, 2016 6:30am Apr 11, 2016 6:30am
Quoting jtutu
why is this up trend happening ? And I dont understand why usd and eur is not doing to same against jpy. And idea ?
Could go back down UJ and GJ are on top of resistance right now. If they can't break above this back down we go.

Kuroda made a speech earlier that may be why.

Just learn to dance with the market.
  • #16,228
  • Apr 11, 2016 6:33am Apr 11, 2016 6:33am
Quoting jtutu
why is this up trend happening ? And I dont understand why usd and eur is not doing to same against jpy. And idea ?
GBP found a little strength, USD, EUR, and JPY has not ..... yet

(JPY chart inverted - up is weak)
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #16,229
  • Apr 11, 2016 6:53am Apr 11, 2016 6:53am
Hubris.....

Anyways, imo 154.545 is where I'm starting to looking for shorts
IF it gets there
  • #16,230
  • Apr 11, 2016 7:02am Apr 11, 2016 7:02am
Quoting raiders
Hubris..... Anyways, imo 154.545 is where I'm starting to looking for shorts IF it gets there
Oh oh Raiders is long . It can go up there who knows.
  • #16,231
  • Apr 11, 2016 7:13am Apr 11, 2016 7:13am
Quoting maflip
{quote} Oh oh Raiders is long . It can go up there who knows.
Not long. I had a few too many last night and knocked out instead lol
But my plan originally was to sell the overpriced pair not try to catch correction so....
  • #16,232
  • Apr 11, 2016 7:15am Apr 11, 2016 7:15am
Quoting raiders
{quote} Not long. I had a few too many last night and knocked out instead lol But my plan originally was to sell the overpriced pair not try to catch correction so....
You mean last Friday bro
  • #16,233
  • Apr 11, 2016 7:24am Apr 11, 2016 7:24am
Btw 154.545 is the equal legs extension of the move. That is why beginning to look there. It might never make it. But its been following the numbers perfectly so far so i think its safe to wait for the number
  • #16,234
  • Apr 11, 2016 7:32am Apr 11, 2016 7:32am
Quoting raiders
Btw 154.545 is the equal legs extension of the move. That is why beginning to look there. It might never make it. But its been following the numbers perfectly so far so i think its safe to wait for the number
Hmmmm ok but if it makes it there GJ will have broken a bearish H&S pattern. Lots of goons that shorted last Friday might stop and reverse.
  • #16,235
  • Apr 11, 2016 7:35am Apr 11, 2016 7:35am
Quoting raiders
Btw 154.545 is the equal legs extension of the move. That is why beginning to look there. It might never make it. But its been following the numbers perfectly so far so i think its safe to wait for the number
I have 154.227 if you are referring to the high of lady Friday?
  • #16,236
  • Apr 11, 2016 7:39am Apr 11, 2016 7:39am
Quoting maflip
{quote} Hmmmm ok but if it makes it there GJ will have broken a bearish H&S pattern. Lots of goons that shorted last Friday might stop and reverse.
That's the point
  • #16,237
  • Apr 11, 2016 7:40am Apr 11, 2016 7:40am
Quoting duderoo1
{quote} I have 154.227 if you are referring to the high of lady Friday?
low 4/7 high of 4/8 and todays low gives me 154.545 as equal legs also it falls exactly on the upper parallel if you draw a trend line channel connecting them
  • #16,238
  • Apr 11, 2016 7:45am Apr 11, 2016 7:45am
Purple box is my ideal location because of the crazy amounts of confluence in there. But I'm not sure it can make it there. Seems so far away and will need GU to push its way higher. But it has a chance i guess
Attached Image (click to enlarge)
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  • #16,239
  • Apr 11, 2016 7:50am Apr 11, 2016 7:50am
Quoting raiders
Btw 154.545 is the equal legs extension of the move. That is why beginning to look there. It might never make it. But its been following the numbers perfectly so far so i think its safe to wait for the number
I wouldn't be surprised to see a break of the 155.3/4 as it will frenzy 2 parts of the market - heavy shorters at 154.5/6 and those with high shorts who got stopped out. Of course, will add to the fuel of bulls as well.
  • #16,240
  • Apr 11, 2016 7:54am Apr 11, 2016 7:54am
Quoting Don96
{quote} Levels held to the pip again this morning for a bounce of 190+ {image}
4h close below 153.70/80 bearish + position close
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