Dragon Riders GBP/JPY | Page 828 | 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

  • #16,541
  • Apr 21, 2016 4:10pm Apr 21, 2016 4:10pm
Raining money man , off the 200ma boom , kiss of death
  • #16,542
  • Apr 21, 2016 4:49pm Apr 21, 2016 4:49pm
im gonna sell UJ at some point. Its one of the only charts that doesnt look a mess to me. Nikkei futures are down on the day so thinking its risk off going into the weekend
  • #16,543
  • Apr 21, 2016 5:15pm Apr 21, 2016 5:15pm
Weekly 25 EMA is crossing 200 EMA this week. I think we are headed for a next leg down. Any thoughts about that?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYWeekly.png Size: 33 KB
  • #16,544
  • Apr 21, 2016 6:58pm Apr 21, 2016 6:58pm
sold 156.822.......it's a 742 thang
  • #16,545
  • Apr 21, 2016 7:14pm Apr 21, 2016 7:14pm
can ya believe it......point 51 held again.....
  • #16,546
  • Edited 8:49pm Apr 21, 2016 8:37pm | Edited 8:49pm
It was along time ago, but don't forget the "gap" Not the horizontal component, but where it fell from, where it may have got up again .... and where that potential rising line may be retested.

Also, don't overlook the possible significance of a diamond shaped pattern with a central pivot at around 157.2
  • #16,547
  • Apr 21, 2016 8:41pm Apr 21, 2016 8:41pm
Quoting Mpt
It was along time ago, but don't forget the "gap" Not the horizontal component, but where it fell from, where it may have got up again .... and where that potential rising line may be retested.
you mean the old faithful trendline?
  • #16,548
  • Apr 21, 2016 8:51pm Apr 21, 2016 8:51pm
Quoting raiders
{quote} you mean the old faithful trendline?
That's for you to look at, as there many perturbations. Maybe look at the diamond idea on lower TFs. As I said some hours ago, under 156 is dubious, under about 155 it's dead in the water. But everything is bouncing right now, so it could possibly have bottomed
  • #16,549
  • Apr 21, 2016 8:53pm Apr 21, 2016 8:53pm
I try take top/btm 1st time , long from 156.821 , hope work.
Exits == most important part of your strategy
  • #16,550
  • Apr 21, 2016 11:47pm Apr 21, 2016 11:47pm
120 pip move in 15 minutes... What caused that?
  • #16,551
  • Apr 22, 2016 12:12am Apr 22, 2016 12:12am
Quoting Denden2012
120 pip move in 15 minutes... What caused that?
BOJ Negative rate loan announcement probably. Glad I don't trade around this time. So much BOJ mingling and wild swings at the moment.
  • #16,552
  • Edited 12:53am Apr 22, 2016 12:34am | Edited 12:53am
and people still believe boj wont act when they've been warning everyone for weeks....
no more longer term jpy shorts for me for a while. either way ive been in conflict over whether or not weve already seen the bottom


btw....
2nd chart grey line is UJ blue line is Nikkei
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 225.png Size: 66 KB
Click to Enlarge Name: uj225.png Size: 112 KB
  • #16,553
  • Apr 22, 2016 1:12am Apr 22, 2016 1:12am
Quoting albchr
Won't surprise me at all to see it at least test the big 50% @ 156.349/184 again now. Perhaps Asia will provide the drift if neither London or NY does. No more entries for me until I see both rolls. My gut tells me we haven't seen the last of this counter push yet but ..... I don't trade my gut .... anymore. Enjoy the day folks
Quoting albchr
{quote} The good news is it may be a good buy again for another leg up. If that 68.1 at 158.403 is the spot for getting back in the large trend, it's not doing it on only one touch me thinks. I sit, I watch.
I just LOVE this pair!
Ghost Rider - WWTBMD?
  • #16,554
  • Apr 22, 2016 3:27am Apr 22, 2016 3:27am
Quoting raiders
and people still believe boj wont act when they've been warning everyone for weeks.... no more longer term jpy shorts for me for a while. either way ive been in conflict over whether or not weve already seen the bottom btw.... 2nd chart grey line is UJ blue line is Nikkei {image} {image}
Doesn't matter let's draw our trend lines and go with the flow.
  • #16,555
  • Apr 22, 2016 3:46am Apr 22, 2016 3:46am
Quoting albchr
{quote} {quote} I just LOVE this pair!
I got up too late to catch the train outta Asia into Europe. That sucks because the GBP and YEN have expended much fuel already. Being Friday I'm not expecting much from the old dragon. Oh well, Took a little on the fade to test SR and got long on the hold. Not sure it will survive atm. Could be dead by the time I type this. lol

EDIT: yep! lol
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYiM1.png Size: 51 KB
Ghost Rider - WWTBMD?
  • #16,556
  • Apr 22, 2016 4:36am Apr 22, 2016 4:36am
bet up until some clear sign

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.10.jpg Size: 147 KB
  • #16,557
  • Apr 22, 2016 4:52am Apr 22, 2016 4:52am
nj
Attached Image
  • #16,558
  • Apr 22, 2016 4:54am Apr 22, 2016 4:54am
According to my theory I do believe over the next 48 to 54 hours we will see a lot of sideways consolidation and restricted range. I am still learning to drive this thing so anything is possible.


Roy
Polishing my crystal ball
  • #16,559
  • Apr 22, 2016 4:59am Apr 22, 2016 4:59am
Maybe some shorts at 158.80 risking 60 pips.
Fix up, trade sharp ...
  • #16,560
  • Apr 22, 2016 5:13am Apr 22, 2016 5:13am
Quoting FX-Ray
{quote} (1) 110.625 next long target (2) 109.95/90 (recent long target) - DP (3) 109.55/50 recent resistance / current support G/J may follow until 158.85 if (1) = true Anyway, nice trade there https://www.youtube.com/watch?v=hLcBECiISzE
G/J 158.85 printed.
37 traders viewing now