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Dragon Riders GBP/JPY

  • #17,261
  • May 13, 2016 9:10am May 13, 2016 9:10am
Quoting HaLBot
{quote} Hey edmun can you come over to Cable forum with a bit of your charting magic
Edmun, you got a fan base now becoming famous
  • #17,262
  • May 13, 2016 9:11am May 13, 2016 9:11am
classic

news → spike → sell-off
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Attached Image
  • #17,263
  • May 13, 2016 10:52am May 13, 2016 10:52am
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
  • #17,264
  • May 13, 2016 12:00pm May 13, 2016 12:00pm
Quoting Pip-Miner
{quote} Edmun, you got a fan base now becoming famous
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
  • #17,265
  • May 13, 2016 12:19pm May 13, 2016 12:19pm
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
  • #17,266
  • May 13, 2016 1:02pm May 13, 2016 1:02pm
Quoting AdelPC
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.
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
  • #17,267
  • Edited 1:17pm May 13, 2016 1:11pm | Edited 1:17pm
Quoting Gupz
{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
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
  • #17,268
  • May 13, 2016 1:30pm May 13, 2016 1:30pm
Quoting AdelPC
{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.
There goes 156.00, would probably keep an eye on this one, maybe exit before market closes
  • #17,269
  • May 13, 2016 1:47pm May 13, 2016 1:47pm
New H1 candle coming soon... be bullish please...
When in doubt, HEDGE
  • #17,270
  • Edited 4:02pm May 13, 2016 3:52pm | Edited 4:02pm
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
{quote} I keep seeing comments about the 333, would love to know the significance to it; perhaps I'm not looking far enough away?
  • #17,271
  • May 13, 2016 4:39pm May 13, 2016 4:39pm
Quoting FX-Ray
classic news → spike → sell-off {image} {image}
That entry again ...
Fix up, trade sharp ...
  • #17,272
  • May 13, 2016 8:51pm May 13, 2016 8:51pm
thankyou Gbp/jpy
  • #17,273
  • May 14, 2016 12:11am May 14, 2016 12:11am
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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  • #17,274
  • Edited 2:03am May 14, 2016 1:48am | Edited 2:03am
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.....
  • #17,275
  • May 14, 2016 2:02am May 14, 2016 2:02am
Any comment on this D1 GBPAUD chart? Possible to reach 1.9550 or even further to 1.8000?
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  • #17,276
  • May 14, 2016 6:12am May 14, 2016 6:12am
Any idea about GBP/JPY market opening guys?
  • #17,277
  • May 14, 2016 7:56am May 14, 2016 7:56am
Quoting Gbp/jpy
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.....
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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  • #17,278
  • May 14, 2016 10:30am May 14, 2016 10:30am
Quoting rabbane
Any idea about GBP/JPY market opening guys?
Check this for example:

https://www.oanda.com/lang/de/curren...-rates/GBPJPY/
Fix up, trade sharp ...
  • #17,279
  • May 14, 2016 2:55pm May 14, 2016 2:55pm
Quoting goldgirl
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}
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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  • #17,280
  • May 14, 2016 3:14pm May 14, 2016 3:14pm
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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