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Dragon Riders GBP/JPY

  • #16,581
  • Apr 22, 2016 7:04am Apr 22, 2016 7:04am
Quoting FX-Ray
{quote} NY about to open, it gets clear, am still long biased. Add: next upside is 160.89, time will tell.
I am asking cause i am long from 156,17 and not sure if i keep it open or close, SL put on 158,05
  • #16,582
  • Apr 22, 2016 7:07am Apr 22, 2016 7:07am
Quoting RomanBubenik
{quote} I am asking cause i am long from 156,17 and not sure if i keep it open or close, SL put on 158,05
Nobody knows, what was your plan?
Fix up, trade sharp ...
  • #16,583
  • Apr 22, 2016 7:15am Apr 22, 2016 7:15am
Quoting Hickson
{quote} Nobody knows, what was your plan?
my plan was 161.50
  • #16,584
  • Apr 22, 2016 7:16am Apr 22, 2016 7:16am
Quoting RomanBubenik
{quote} my plan was 161.50
Then hold for 161.50 I guess
Fix up, trade sharp ...
  • #16,585
  • Apr 22, 2016 7:17am Apr 22, 2016 7:17am
Quoting RomanBubenik
{quote} I am asking cause i am long from 156,17 and not sure if i keep it open or close, SL put on 158,05
Ah ok I see, its worth to hold that position if we get a positive statement from BOJ next week, you could find yourself in a good long-term position assaulting the old high's. In doubt take partial and risk the remaining.
  • #16,586
  • Apr 22, 2016 7:22am Apr 22, 2016 7:22am
Quoting FX-Ray
{quote} Ah ok I see, its worth to hold that position if we get a positive statement from BOJ next week, you could find yourself in a good long-term position assaulting the old highs. In doubt take partial and risk the remaining.
Thanks for reply. Btw guys do you think its possible (depending on BOJ news next week) short term reversal? that bottom was already printed and in long scenario we are heading to 216.XX ? Of course it depends if brexit will happen or not.
  • #16,587
  • Apr 22, 2016 7:23am Apr 22, 2016 7:23am
Quoting RomanBubenik
{quote} my plan was 161.50
Keep riding brother i`ts steel bullish....
To me next resistents around 162.00 ish
cheers Alex
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 106 KB
Stay GREEN my friends........
  • #16,588
  • Apr 22, 2016 7:26am Apr 22, 2016 7:26am
Quoting RomanBubenik
{quote} Thanks for reply. Btw guys do you think its possible (depending on BOJ news next week) short term reversal? that bottom was already printed and in long scenario we are heading to 216.XX ? Of course it depends if brexit will happen or not.
lowest I got for a retracement is 110 U/J; for G/J I got 158.50 support so as long as price remains above you're in a good position.
Watch U/J also as long as the correlation is valid. Anyway, good luck
  • #16,589
  • Apr 22, 2016 7:27am Apr 22, 2016 7:27am
Quoting Hickson
{quote} Then hold for 161.50 I guess
Attached Image
  • #16,590
  • Apr 22, 2016 7:58am Apr 22, 2016 7:58am
Quoting FX-Ray
{quote} G/J 159.50 equals U/J 111.35
probably next
  • #16,591
  • Apr 22, 2016 8:06am Apr 22, 2016 8:06am
mpt- you were right. thank you
  • #16,592
  • Apr 22, 2016 8:12am Apr 22, 2016 8:12am
im tp 30%
  • #16,593
  • Apr 22, 2016 8:22am Apr 22, 2016 8:22am
Quoting FX-Ray
{quote} probably next

wanted to say hi to all and to let ya know that my knee is doing awesome. it's my top priority right now so taking my prime hours to build strength and balance on this new knee.

got a couple of good trades on GJ this week and 1 small loss ... considering not sitting here watching it for hours I did well.

nice to see GJ sort of back to kickin butt hope you guys are too

off to therapy ... laters
  • #16,594
  • Apr 22, 2016 8:28am Apr 22, 2016 8:28am
Quoting AllyB
{quote} wanted to say hi to all and to let ya know that my knee is doing awesome. it's my top priority right now so taking my prime hours to build strength and balance on this new knee. got a couple of good trades on GJ this week and 1 small loss ... considering not sitting here watching it for hours I did well. nice to see GJ sort of back to kickin butt hope you guys are too off to therapy ... laters
glad youre doing well
  • #16,595
  • Apr 22, 2016 8:32am Apr 22, 2016 8:32am
Quoting AllyB
{quote} wanted to say hi to all and to let ya know that my knee is doing awesome. it's my top priority right now so taking my prime hours to build strength and balance on this new knee. got a couple of good trades on GJ this week and 1 small loss ... considering not sitting here watching it for hours I did well. nice to see GJ sort of back to kickin butt hope you guys are too off to therapy ... laters
Hi Ally, hope you get well soon, nice to hear from you tho
Next week gonna be interesting, best case is continuation of the fundamental trend since we see some strenght this week.
Laters queen
  • #16,596
  • Apr 22, 2016 8:33am Apr 22, 2016 8:33am
Quoting FX-Ray
{quote} probably next
111.35 printed, im out for now and wish everyone a nice weekend
  • #16,597
  • Apr 22, 2016 8:35am Apr 22, 2016 8:35am
1.618 extension passed on both GJ and UJ plus oscillators obviously showing overbought on 4hr be careful with longs. people will prob look to take profits soon
  • #16,598
  • Apr 22, 2016 8:36am Apr 22, 2016 8:36am
Quoting FX-Ray
{quote} 111.35 printed, im out for now and wish everyone a nice weekend
youre the man ray
  • #16,599
  • Apr 22, 2016 8:51am Apr 22, 2016 8:51am
my target for long 162.332 .. I need to exit @160.22 now ...don't want carry forward to Monday.
  • #16,600
  • Apr 22, 2016 8:51am Apr 22, 2016 8:51am
what is the retracement level?
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