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Dragon Riders GBP/JPY

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  • Post #17,261
  • Quote
  • May 13, 2016 10:10am May 13, 2016 10:10am
  •  Pip-Miner
  • Joined Nov 2015 | Status: I'm hungry | 4,033 Posts
Quoting HaLBot
Disliked
{quote} Hey edmun can you come over to Cable forum with a bit of your charting magic
Ignored
Edmun, you got a fan base now becoming famous
 
 
  • Post #17,262
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  • May 13, 2016 10:11am May 13, 2016 10:11am
  •  FX-Ray
  • Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts
classic

news → spike → sell-off
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  • Post #17,263
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  • May 13, 2016 11:52am May 13, 2016 11:52am
  •  raiders
  • Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
Anyone got a nice clean pivot point indi that refreshes daily? I had to redo my mt4 and the only one I can come across that looks clean is coded really bad.

Thanks in advance
 
 
  • Post #17,264
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  • May 13, 2016 1:00pm May 13, 2016 1:00pm
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
Quoting Pip-Miner
Disliked
{quote} Edmun, you got a fan base now becoming famous
Ignored
chart to win , not for famous , not ease to win in forex trading , I need to look at H4,M30,M15,M5 & M1 to predict next possible good entry or next possible exit , also need to know % win rate for that entry .
every time before I enter trade , i think ..think..think..the possibility of win , think what the best stop loss ..
Exits == most important part of your strategy
 
 
  • Post #17,265
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  • May 13, 2016 1:19pm May 13, 2016 1:19pm
  •  AdelPC
  • | Joined Aug 2011 | Status: Member | 200 Posts
My hunch again...
The beast looks bearish, if not very bearish, but I sense a bullish reversal with 156.24 a key level.
Price is now very very close to this level.
When in doubt, HEDGE
 
 
  • Post #17,266
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  • May 13, 2016 2:02pm May 13, 2016 2:02pm
  •  Gupz
  • | Joined Apr 2015 | Status: Member | 58 Posts
Quoting AdelPC
Disliked
My hunch again... The beast looks bearish, if not very bearish, but I sense a bullish reversal with 156.24 a key level. Price is now very very close to this level.
Ignored
I Bought at 156.1, taking a chance tho. 156.000 seems like strong physc level. looking for yen weakness... hope brexit fears isn't exacerbated over the weeekend
 
 
  • Post #17,267
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  • Edited at 2:17pm May 13, 2016 2:11pm | Edited at 2:17pm
  •  AdelPC
  • | Joined Aug 2011 | Status: Member | 200 Posts
Quoting Gupz
Disliked
{quote} I Bought at 156.1, taking a chance tho. 156.000 seems like strong physc level. looking for yen weakness... hope brexit fears isn't exacerbated over the weeekend
Ignored
Good luck to that.
Hope it will not break 156.00 and I somehow think it wouldn't ...
But then, there is always a chance price may spike down to say, 155.80 then reverse.
When in doubt, HEDGE
 
 
  • Post #17,268
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  • May 13, 2016 2:30pm May 13, 2016 2:30pm
  •  Gupz
  • | Joined Apr 2015 | Status: Member | 58 Posts
Quoting AdelPC
Disliked
{quote} Good luck to that. Hope it will not break 156.00 and I somehow think it wouldn't ... But then, there is always a chance price may spike down to say, 155.80 then reverse.
Ignored
There goes 156.00, would probably keep an eye on this one, maybe exit before market closes
 
 
  • Post #17,269
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  • May 13, 2016 2:47pm May 13, 2016 2:47pm
  •  AdelPC
  • | Joined Aug 2011 | Status: Member | 200 Posts
New H1 candle coming soon... be bullish please...
When in doubt, HEDGE
 
 
  • Post #17,270
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  • Edited at 5:02pm May 13, 2016 4:52pm | Edited at 5:02pm
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
mainly it's fun to reverse the first bounce off......on the 15M chart.........then the retrace upwards later to mingle two candles then drop outta there fast....which leaves an unsquared candle that gets tapped by a spike two hours later.......entry orders sitting there......they usually go just past the unsquared candle, not this time....

lobbered the market today.......key lobbered.....
Quoting nimbinsstone
Disliked
{quote} I keep seeing comments about the 333, would love to know the significance to it; perhaps I'm not looking far enough away?
Ignored
 
 
  • Post #17,271
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  • May 13, 2016 5:39pm May 13, 2016 5:39pm
  •  Hickson
  • Joined Jan 2014 | Status: Less is more ... | 8,896 Posts
Quoting FX-Ray
Disliked
classic news → spike → sell-off {image} {image}
Ignored
That entry again ...
Fix up, trade sharp ...
 
 
  • Post #17,272
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  • May 13, 2016 9:51pm May 13, 2016 9:51pm
  •  nimbinsstone
  • | Joined Mar 2015 | Status: Member | 299 Posts
thankyou Gbp/jpy
 
 
  • Post #17,273
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  • May 14, 2016 1:11am May 14, 2016 1:11am
  •  goldgirl
  • Joined Apr 2016 | Status: Member | 970 Posts
I am newbies here. Kindly comment on my charts. Double tops are formed and we reached the neckline. RSI is threatening to break out level 30. Potential to target 153.54 or expect a minor bounce off first?
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  • Post #17,274
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  • Edited at 3:03am May 14, 2016 2:48am | Edited at 3:03am
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
good chart goldgirl....that fits my mid term down....yes....hey, I wasn't aware ....thanks .....I am certain that 156 getting pierced means down sooner or later.....I work better with more input....cool

the global fundamentals could raise an ugly head any day, I swear....huh!!! hey, a month ago many were waiting for 147.xx.....
 
 
  • Post #17,275
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  • May 14, 2016 3:02am May 14, 2016 3:02am
  •  goldgirl
  • Joined Apr 2016 | Status: Member | 970 Posts
Any comment on this D1 GBPAUD chart? Possible to reach 1.9550 or even further to 1.8000?
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  • Post #17,276
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  • May 14, 2016 7:12am May 14, 2016 7:12am
  •  rabbane
  • | Joined Jan 2013 | Status: Member | 27 Posts
Any idea about GBP/JPY market opening guys?
 
 
  • Post #17,277
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  • May 14, 2016 8:56am May 14, 2016 8:56am
  •  goldgirl
  • Joined Apr 2016 | Status: Member | 970 Posts
Quoting Gbp/jpy
Disliked
good chart goldgirl....that fits my mid term down....yes....hey, I wasn't aware ....thanks .....I am certain that 156 getting pierced means down sooner or later.....I work better with more input....cool the global fundamentals could raise an ugly head any day, I swear....huh!!! hey, a month ago many were waiting for 147.xx.....
Ignored
Thank you very much. True of what you mentioned. When I zoom out to W1 chart, I spotted a gap to be filled. There are still a support lie at 147.39. Since the fundamental is on JPY bull side, this is a possible target to meet. Perhaps I may exit slightly before the target.

Appreciate for your comment.
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  • Post #17,278
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  • May 14, 2016 11:30am May 14, 2016 11:30am
  •  Hickson
  • Joined Jan 2014 | Status: Less is more ... | 8,896 Posts
Quoting rabbane
Disliked
Any idea about GBP/JPY market opening guys?
Ignored
Check this for example:

https://www.oanda.com/lang/de/curren...-rates/GBPJPY/
Fix up, trade sharp ...
 
 
  • Post #17,279
  • Quote
  • May 14, 2016 3:55pm May 14, 2016 3:55pm
  •  raiders
  • Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
Quoting goldgirl
Disliked
I am newbies here. Kindly comment on my charts. Double tops are formed and we reached the neckline. RSI is threatening to break out level 30. Potential to target 153.54 or expect a minor bounce off first? {image}
Ignored
For me that doesnt fit the "double top" definition. But, I do believe we are looking for more down right now. Originally i had a target of 164.8 and while I still feel that might be in the cards I am looking for the next move. For me the next move is down.

My charts for GU and UJ

GU speaks for itself.
UJ looks like its in a correction at the very least. It broke the diagonal and is now headed to what may well be 108 or even 107.6

That said if both pairs do that then it will bring GJ down without a doubt. how far i do not know. I do not feel like the up move is over yet in the pair and while i still feel as though the 140s are in the cards i also feel as though the 160s have to come first.
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  • Post #17,280
  • Quote
  • May 14, 2016 4:14pm May 14, 2016 4:14pm
  •  Gbp/jpy
  • Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
hey there goldgirl...whatcha think about that 156.00 getting slightly pierced....or what that level you marked with a line is.....looks like it's placed perfectly......that's huge if it counts as broken through......my buddy in Round Rock down by Austin rules it a break.......he says even like by one pip.....he he
 
 
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