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Dragon Riders GBP/JPY

  • #17,021
  • May 5, 2016 2:04am May 5, 2016 2:04am
pic
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  • #17,022
  • Edited 2:27am May 5, 2016 2:17am | Edited 2:27am
Took longs on GU/GJ and gonna wait some more for GN as NZDCAD is still not at the supply zone (0.888-0.899) and NZDUSD has some space to 0.692.

Here's a chart for the chart-lovers

Add: SL is at BE because I don't care for this trade if the market does not to push up in this scenario

Add2: Aand the market gave its resound no for this trade, at least in my books. Gonna wait a while before taking any other trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 33 KB
  • #17,023
  • May 5, 2016 2:57am May 5, 2016 2:57am
Quoting alexpi
Going to long if price drops into 155.0/2 and rejects the level during the 1st hour after London open. Otherwise keeping on the lookout for shorts The above because GN is setting up for a long and GU will have failed to break down if its movements align with GJ
Exits == most important part of your strategy
  • #17,024
  • May 5, 2016 3:03am May 5, 2016 3:03am
My short activated , trade own risk.
* bank holiday may effect today trend/range.
** short fail if price close above 155.40
Exits == most important part of your strategy
  • #17,025
  • May 5, 2016 3:10am May 5, 2016 3:10am
Quoting edmun1388
My short activated , trade own risk. * bank holiday may effect today trend/range.
Yup, watching for 154,6 then maybe a buy, entered short on 155,37 sl 155,7
I need the magic ball
  • #17,026
  • May 5, 2016 3:13am May 5, 2016 3:13am
Quoting Don96
{quote} 78.0x is in, 77.6x is normal, 200 above atm
​waiting for these on AJ, GJ looking around 153.6x to start loading
  • #17,027
  • May 5, 2016 3:13am May 5, 2016 3:13am
Quoting stars1985
{quote} Yup, watching for 154,6 then maybe a buy, entered short on 155,37 sl 155,7
today is risky trading day due bank holiday ,
Exits == most important part of your strategy
  • #17,028
  • May 5, 2016 3:17am May 5, 2016 3:17am
closed short , feel not nice, six sense .. .. bank holiday ..
* today 1st trade loss -20 pips , bad start
** now play just like yesterday oanda -5 time 11:20
Exits == most important part of your strategy
  • #17,029
  • May 5, 2016 3:38am May 5, 2016 3:38am
Quoting subbusuper
{quote} EUR, USD, CAD are always news dependent, where as GBP and JPY is the most volatile pair with less news relevant and more technical relevant. Many traders including me, raiders, geppy, maflip and many others are trading this pair from years and making consistent profit so we people are more active in this thread, i guess there are many threads where many traders are discussing almost all major pairs. To be frank you can't compare CADJPY with GJ because CJ is volatile without a trend normally. Happy trading brother..

exactly gbpjpy has no comparison
its above all
  • #17,030
  • May 5, 2016 3:44am May 5, 2016 3:44am
Quoting edmun1388
closed short , feel not nice, six sense .. .. bank holiday .. * today 1st trade loss -20 pips , bad start ** now play just like yesterday oanda -5 time 11:20
* long +32 , play same as yesterday yesterday oanda -5 server , time 11:20.
Exits == most important part of your strategy
  • #17,031
  • May 5, 2016 3:45am May 5, 2016 3:45am
Quoting Vimalshah
{quote} exactly gbpjpy has no comparison its above all
ohyeah .. thats why I love her
Exits == most important part of your strategy
  • #17,032
  • May 5, 2016 5:09am May 5, 2016 5:09am
Quoting edmun1388
{quote} ohyeah .. thats why I love her
edmun1388, I don't know if you're calling my username or just having a good time over there. Anyway, here's an update from earlier. Things look a bit noisy but I'm holding.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 47 KB
Click to Enlarge Name: GBPJPYM15.png Size: 52 KB
Click to Enlarge Name: EURJPYM15.png Size: 50 KB
  • #17,033
  • May 5, 2016 5:11am May 5, 2016 5:11am
It's weird to me that people are so humanizing toward currency pairs. Doesn't that make you more subjective?
  • #17,034
  • May 5, 2016 5:22am May 5, 2016 5:22am
154.894 is my short target 1 , TP2 will be 154.33
* i use M1 alligator as exit also, sometimes use red line as stop loss .
** time factor to close trade -- M30 bar ending position.
Exits == most important part of your strategy
  • #17,035
  • May 5, 2016 5:25am May 5, 2016 5:25am
Quoting alexpi
It's weird to me that people are so humanizing toward currency pairs. Doesn't that make you more subjective?
I don't care about the pair or its personality as long as it has good spread. I do actually like one pair which I like trading but it doesn't seem to be popular with anyone so I'm not posting anything on it (EURCHF), it's my favorite at the moment for a few reasons but I'm not stopping shopping around...
  • #17,036
  • May 5, 2016 5:26am May 5, 2016 5:26am
Quoting edmun1388
154.894 is my short target 1 , TP2 will be 154.33 * i use M1 alligator as exit also, sometimes use red line as stop loss .
I probably do the take profit part differently than most people. It works for me.
  • #17,037
  • May 5, 2016 5:32am May 5, 2016 5:32am
Quoting alexpi
It's weird to me that people are so humanizing toward currency pairs. Doesn't that make you more subjective?
Bro 99% of people on FF are just trader enthusiasts, they take everything that happens in the market personally and are always posting some emotional BS comments. They get happy and hyped up when their trade is profitable and sad and seeking out answers when they are wrong... They constantly seek out trading strats but the problem is that they don't have the very most necessary thing to succeed, their psychological game and being completely objective and unbiased...
  • #17,038
  • May 5, 2016 5:33am May 5, 2016 5:33am
Quoting edmun1388
154.894 is my short target 1 , TP2 will be 154.33 * i use M1 alligator as exit also, sometimes use red line as stop loss . ** time factor to close trade -- M30 bar ending position.
TP1 154.894 reach , closed half
* M1 alligator red line as stop loss also for fast profit , some people use M5 red line as stop loss.
Exits == most important part of your strategy
  • #17,039
  • May 5, 2016 5:39am May 5, 2016 5:39am
it will long .but not this week
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 19 KB
  • #17,040
  • May 5, 2016 5:41am May 5, 2016 5:41am
Quoting mhejek
it will long .but not this week {image}

L o L.
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