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Dragon Riders GBP/JPY

  • #17,181
  • May 11, 2016 4:34am May 11, 2016 4:34am
Quoting edmun1388
sad day to me , I missed the short entry that give > 100 pips ..... so I will not sleep any more
Curious - on what would you base a short from anywhere above 157 in the current market conditions?
  • #17,182
  • May 11, 2016 4:43am May 11, 2016 4:43am
Quoting alexpi
{quote} Curious - on what would you base a short from anywhere above 157 in the current market conditions?
I am holding short GJ @ 157.7 and another short @ 157.1 also.

It seems that no divergence signals at that time but I am short-bias anyway. Firstly, I think yesterday GJ would be in range (H1 chart), after it made higher high (158).

During Asian session today, I just predicted it would make round bottom of inverse cup and 2nd short after JPY news I predicted it would make the handle. It's quite risky but good return.
  • #17,183
  • May 11, 2016 5:08am May 11, 2016 5:08am
Quoting alexpi
{quote} Curious - on what would you base a short from anywhere above 157 in the current market conditions?
157.58 - my local time 9:34 ; oanda server -5 == 21:34 .
I normally wake up at 10 am , so missed that entry.
* if I missed that trade , I will not simply enter market
Exits == most important part of your strategy
  • #17,184
  • May 11, 2016 5:31am May 11, 2016 5:31am
added to my current long positions at 156.5
  • #17,185
  • May 11, 2016 6:27am May 11, 2016 6:27am
Quoting alexpi
I'm looking at 155.9/7 and 154.85/155.05. 156.7/9 is 1/2 DP between 155.7/9 and 157.7/9 so I've shorted from 156.7 with SL above 157. Ray do these match up with your calculations? Cheers
this what I got atm:

160.00/59.90
158.30/20
157.90/80
156.40/30
156.00/5.90
155.60/50
154.40/30

Anyway looks good
  • #17,186
  • May 11, 2016 7:05am May 11, 2016 7:05am
pin bar on 4 hr
I'm long after 159
  • #17,187
  • May 11, 2016 7:35am May 11, 2016 7:35am
long from 156.911 , +30 pips hold , already closed half at +30.
* SL at breakeven and let it run
Exits == most important part of your strategy
  • #17,188
  • May 11, 2016 7:47am May 11, 2016 7:47am
3 Methods forming on the 10 min candling, entered long 157.110
  • #17,189
  • May 11, 2016 7:49am May 11, 2016 7:49am
Quoting taciho
3 Methods forming on the 10 min candling, entered long 157.110
what is 3 method ??? dont mind teach me or URL
Exits == most important part of your strategy
  • #17,190
  • May 11, 2016 7:54am May 11, 2016 7:54am
Quoting FX-Ray
{quote} intraday support: 109.00/8.95; if acts as resistance = continuation (to 108.60); if positive then probably test of 109.25
Anyway, short target also printed, current support: 108.60/50; TP short: 108.20/10; TP long: 109.40/35; and watch G/J while these lvls gets printed. Good Luck
  • #17,191
  • May 11, 2016 8:22am May 11, 2016 8:22am
to a wiser than I
thankyou (I'm looking at higher timeframes)
will adjust TP and then wait and watch
  • #17,192
  • May 11, 2016 8:28am May 11, 2016 8:28am
I look back H4 , then realize that
http://www.forexfactory.com/showthre...98#post8920398
H4 closed above 157.02 -- trend long
H4 close below 156.61 - trend short.
* now price running in between , sad face
Exits == most important part of your strategy
  • #17,193
  • May 11, 2016 9:58am May 11, 2016 9:58am
Attached Image
Forex, awful to watch, AWESOME to play
  • #17,194
  • May 11, 2016 10:19am May 11, 2016 10:19am
TP1 157.516
TP2 157.86
I hope can reach there.
* If H4 cant close above 157.02 , I will give up and go sleep.
Exits == most important part of your strategy
  • #17,195
  • May 11, 2016 5:52pm May 11, 2016 5:52pm
hey, the second bump on the 34,3,3 slo sto on the 15M.....
Quoting alexpi
{quote} Curious - on what would you base a short from anywhere above 157 in the current market conditions?
  • #17,196
  • May 11, 2016 8:15pm May 11, 2016 8:15pm
I´m still very bearish and that retracement back to 157.8 was the eprfect entry for a medium term short position. 55.43 might be where I scale some of his out but ultimatly I´m looking for lower levels.

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  • #17,197
  • Edited 11:44pm May 11, 2016 10:08pm | Edited 11:44pm
just long from 156.781 ,hope/pray work.
* my pray work , praying indicator work
** pray H4 close above 156.97 , longer term long will trigger.
* +35 pips now, hold.
Exits == most important part of your strategy
  • #17,198
  • May 11, 2016 10:13pm May 11, 2016 10:13pm
Quoting Pip-Miner
added to my current long positions at 156.5
hoping that pivot holds, real test european open. looks like peoples shorting, no offence but that should provide some wood to burn and a rise back to next pivot plus.
  • #17,199
  • May 12, 2016 12:11am May 12, 2016 12:11am
yep, so you aren't mentioning that 333......on a 15M......monumental friggin monumental......say no more if you don't go look everybody....but those we love .....we challenge till it comes to them.......you know....when you're sent here to teach someone....

epic historical buy.....during the asia open.....grabbed all up T A Clock
  • #17,200
  • May 12, 2016 12:23am May 12, 2016 12:23am
and now that five M showed three pushes to take..... and it just completed 100pips exactly......sell that....
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