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Dragon Riders GBP/JPY

  • #17,521
  • May 20, 2016 6:42pm May 20, 2016 6:42pm
Quoting maflip
{quote} Bro if this trades below 160 (Below neckline) it's time for me to get a day job. hah hah
Any jobs out there lol
  • #17,522
  • Edited May 21, 2016 1:31am May 20, 2016 9:47pm | Edited May 21, 2016 1:31am
Pink Floyd....the" Meddle " album....cool listening...everything is green and submarine....
  • #17,523
  • May 20, 2016 10:07pm May 20, 2016 10:07pm
Quoting Pip-Miner
{quote} Any jobs out there lol
Is there any job vacancy at McDonald? #LOL
row row row your boat
  • #17,524
  • Edited May 21, 2016 12:06am May 20, 2016 11:45pm | Edited May 21, 2016 12:06am
Quoting Pip-Miner
{quote} Any jobs out there lol
heh heh they said I don't have experience since I only know how to push buy/sell buttons so no one wants to hire me

By the way, I live in the Philippines and seriously you can't get a job at Mc Donalds here if you don't have a College Degree. Imagine, you need a College degree here just to flip burgers. It's not easy to get a job here. I only have an MCSE certificate when I was working as an IT in the US no College degree. So nah, I will not be able to get a job here sucks for me hah hah However, I used to live in California, USA now living in the Philippines I retired early at age 42.

But, I've been out +50 on first half then set the rest at break even stop then went to sleep. See post 17511

Then, it's too late for me in the day to take anything else. You are the genius in here not me

So yeah, I woke up today and saw the other half stopped out at break even.

I also put a bracket there if 160 gets broken down but I am already sleeping when that happened. So, I am not a biased long I dance wherever this beast go.

http://www.forexfactory.com/showthre...62#post8937262
  • #17,525
  • May 21, 2016 12:30am May 21, 2016 12:30am
[quote=maflip;8938395]{quote} heh heh they said I don't have experience since I only know how to push buy/sell buttons so no one wants to hire me
row row row your boat
  • #17,526
  • May 21, 2016 12:51am May 21, 2016 12:51am
I feel real good about this consolidation being wave 4 and if it is then we will finally get that low weve all been waiting on. That said wave 5s are painfully slow but if we dont have a sustained break out of the top side then you can count on this hitting at least 1 pip lower than the 4/7 low. Might need a little help along the way from the S&P(thats sitting on the edge of the cliff right now) but i think its very possible. Good luck and keep a tight SL if you are trading this....Kuroda will not be pleased
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  • #17,527
  • Edited 2:36am May 21, 2016 2:02am | Edited 2:36am
Or, as I mooted before, what you (and everyone else would interpret similarly) draw as c and d were waves 1 and 2 respectively and this is but 1 of 3, currently tracking down for only 4 of 3 of 1. And the whole thing masquerades as a triangle. We will know shortly. When it fell to 152 it dropped into the monthly ichimoku cloud and rejected. The next low (nfp) only touched the cloud top and rejected again. Also, since the start of this month the monthly strength indicator has turned up for the first time since last year, if not before then. Of course it may only have done so to mitigate extreme oversold to permit entry into that cloud. For "cloud" read area of high resistance/support. As I said, we find out real soon. Have a good weekend.</p>
  • #17,528
  • Edited 6:21am May 21, 2016 5:33am | Edited 6:21am
Quoting maflip
Announcement shake out, spike down, classic dump and pump (3 days - after the fact)*. https://www.youtube.com/watch?v=4r-Em8f21Us UJ been going up... Yohooo FX-Ray? {image}
U/J tested the low and it was a nice trade, so whats the point of your post except to paraphrase me (3 days - after the fact)*? Did you know it will pump the low? Guess not..
  • #17,529
  • May 21, 2016 12:46pm May 21, 2016 12:46pm
Don't be unencumbered by the thought process, maflip my brother.
  • #17,530
  • May 21, 2016 1:02pm May 21, 2016 1:02pm
Quoting Mpt
Or, as I mooted before, what you (and everyone else would interpret similarly) draw as c and d were waves 1 and 2 respectively and this is but 1 of 3, currently tracking down for only 4 of 3 of 1. And the whole thing masquerades as a triangle. We will know shortly. When it fell to 152 it dropped into the monthly ichimoku cloud and rejected. The next low (nfp) only touched the cloud top and rejected again. Also, since the start of this month the monthly strength indicator has turned up for the first time since last year, if not before then. Of course...
yes sir...very valid point

do you use the cloud for all pairs or just yen pairs?
  • #17,531
  • May 21, 2016 1:34pm May 21, 2016 1:34pm
Ichimoku cloud and my buddy's equilibrium clouds......all work better on the longer time frames......there's a trick one can do with the kijun sen.....15M or higher
  • #17,532
  • May 22, 2016 3:40am May 22, 2016 3:40am
Quoting raiders
{quote} yes sir...very valid point do you use the cloud for all pairs or just yen pairs?
Mainly on yen. Sometimes gu also works, but yen pairs daily, weekly and monthly work best. At this time price is over the half way in the daily cloud. Last time it breached the daily cloud but couldn't sustain. Hence my warning that if it fell below 160.9 to be careful. Obviously wasn't expecting such a massive and fast rejection.
  • #17,533
  • May 22, 2016 10:14am May 22, 2016 10:14am
Quoting Mpt
{quote} Mainly on yen. Sometimes gu also works, but yen pairs daily, weekly and monthly work best. At this time price is over the half way in the daily cloud. Last time it breached the daily cloud but couldn't sustain. Hence my warning that if it fell below 160.9 to be careful. Obviously wasn't expecting such a massive and fast rejection.
thank you for that. I know that the asians live and die by the cloud so i do take a look at it every now and then. but only on yen pairs. and even then my understanding of it is very basic. below the could sell, above buy, inside no trade or scalp. and other than the ks i dont even bother with the other lines. and thats just for stop loss options.

anyways, the cloud, 1 hour is about to fall out of the bottom and the daily rejected the exit up so i think the asians would be selling no? with the sl probably at 161.3? like i said my understanding of it is very basic though
  • #17,534
  • May 22, 2016 6:52pm May 22, 2016 6:52pm
Quoting raiders
Might need a little help along the way from the S&P(thats sitting on the edge of the cliff right now)
Hi there, do u have a chart of your s&p cliff ?
  • #17,535
  • May 22, 2016 7:24pm May 22, 2016 7:24pm
UJ looks like its topped out , gone short on this one 159.5 targeting 400+ , weekly trade - thats my style
  • #17,536
  • May 22, 2016 8:16pm May 22, 2016 8:16pm
Quoting Pip-Miner
UJ looks like its topped out , gone short on this one 159.5 targeting 400+ , weekly trade - thats my style
let see will it hit 156.xx
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row row row your boat
  • #17,537
  • May 22, 2016 9:34pm May 22, 2016 9:34pm
Quoting pipmyride
{quote} Hi there, do u have a chart of your s&p cliff ?
Head and Shoulders + Lovely bearish divergence.....if someone sneezes on it its party time
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  • #17,538
  • May 22, 2016 10:25pm May 22, 2016 10:25pm
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Exits == most important part of your strategy
  • #17,539
  • May 22, 2016 10:31pm May 22, 2016 10:31pm
Quoting Pip-Miner
UJ looks like its topped out , gone short on this one 159.5 targeting 400+ , weekly trade - thats my style
  • #17,540
  • May 22, 2016 10:45pm May 22, 2016 10:45pm
Im selling this break with an extremely tight SL. Kuroda has been threatening with more easing and dont think for one second he wont fire the shot. Either way this is just a scalp because the real move here is a long or should i say its setting up for a long. Either from the 108 area or from the very bottom. Im also going to be following my short with a monster buy order just incase our eastern hommie gets wild and drops the hammer.
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