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Dragon Riders GBP/JPY

  • #17,781
  • Edited 11:57am May 27, 2016 11:21am | Edited 11:57am
Im flat going into the long weekend but this is what im thinking. Especially with Abe gearing up to defer the tax rise.

Edit...and if that trend line on the RSI breaks down im going to be searching for at least a 50 fib move if not all the way back to the outer green trend line to go long. this has 170s written all over it ithink
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  • #17,782
  • May 27, 2016 12:42pm May 27, 2016 12:42pm
resistance : 160.95 33 pips to 161.30 then will target 161.93

is BULL strong enough ??
Attached Image
Exits == most important part of your strategy
  • #17,783
  • May 27, 2016 1:17pm May 27, 2016 1:17pm
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Exits == most important part of your strategy
  • #17,784
  • May 27, 2016 2:57pm May 27, 2016 2:57pm
Quoting biodragon
Thinking bullish, but probably wont go very high
seems I was right for the day
  • #17,785
  • May 27, 2016 7:48pm May 27, 2016 7:48pm
for a sell....check the unsquared candle at 158.41 or so.....going from memory.......
Quoting hagu
Who are holding short here? Where do you set TP? SL?
  • #17,786
  • May 27, 2016 11:06pm May 27, 2016 11:06pm
I was stopped out going for the lower line on Raiders chart, got stopped out but will come back in if his TL in the RSI breaks at the top wedge line
  • #17,787
  • May 28, 2016 8:14pm May 28, 2016 8:14pm
Quoting raiders
Im flat going into the long weekend but this is what im thinking. Especially with Abe gearing up to defer the tax rise. Edit...and if that trend line on the RSI breaks down im going to be searching for at least a 50 fib move if not all the way back to the outer green trend line to go long. this has 170s written all over it ithink {image}

I closed mine due to long weekend.

if it opens around this price with no gap, I buy ASAP and TP will be 164. and second TP ( possibly ) 166.
  • #17,788
  • May 29, 2016 2:06am May 29, 2016 2:06am
What are peoples thoughts for this coming week? I for one am in a long to the resistance and possible a break out as well. what are your thoughts?
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  • #17,789
  • May 29, 2016 12:02pm May 29, 2016 12:02pm
Ready to buy from 161.000
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  • #17,790
  • May 29, 2016 1:59pm May 29, 2016 1:59pm
yep.....if not longs....like medium term, ....the global pell mell is going to finish out to the downside way down there.....like below 117.xx even
Quoting bigboss
Ready to buy from 161.000{image}
  • #17,791
  • May 29, 2016 7:01pm May 29, 2016 7:01pm
Quoting Gbp/jpy
yep.....if not longs....like medium term, ....the global pell mell is going to finish out to the downside way down there.....like below 117.xx even{quote}
And I reckon about here is where it decides.
  • #17,792
  • Edited 10:56pm May 29, 2016 8:04pm | Edited 10:56pm
what a world, what a world....

edit....Gold is way down.....way down....wow....Ithinktheusdoesthis......andthenewswillblamechinaeverytimespeciallysunday

I'm buying at 1122.33....see if it crashes that historical support.....now at 1200.00
  • #17,793
  • May 30, 2016 2:38am May 30, 2016 2:38am
Quoting FX-Ray
{quote} Of course, no offence intended mate. The entry is fine, I was just wondering if you held it. Anyway, optimal target is 111.75 depending on your trade horizon. Intermediate target: 110.65/60 (in case) Good Luck!
Intermediate target 110.65/60 printed, next 111.75
  • #17,794
  • May 30, 2016 3:02am May 30, 2016 3:02am
Quoting FX-Ray
{quote} Of course, no offence intended mate. The entry is fine, I was just wondering if you held it. Anyway, optimal target is 111.75 depending on your trade horizon. Intermediate target: 110.65/60 (in case) Good Luck!
It was ok ... yes, can see now why 111.75. Was not sure though it would reach that mark last week ...
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Fix up, trade sharp ...
  • #17,795
  • May 30, 2016 3:04am May 30, 2016 3:04am
Quoting Hickson
{quote} It was ok ... yes, can see now why 111.75. Was not sure though it would reach that mark last week ... {image}
excellent trade
  • #17,796
  • May 30, 2016 5:25am May 30, 2016 5:25am
Quoting FX-Ray
{quote} excellent trade
Thanks, but excellent would have been 111.75-112
Fix up, trade sharp ...
  • #17,797
  • May 30, 2016 5:46am May 30, 2016 5:46am
Quoting FX-Ray
{quote} excellent trade
Hey FX-Ray any levels for GBP/JPY
  • #17,798
  • May 30, 2016 5:46am May 30, 2016 5:46am
Quoting Hickson
{quote} Thanks, but excellent would have been 111.75-112
There is always room to the upside. You had a plan and traded it as planned, thats why I think it was a good one. Anyway. 111.75 not printed yet, maybe next trade
  • #17,799
  • May 30, 2016 5:58am May 30, 2016 5:58am
Quoting FX-Ray
{quote} There is always room to the upside. You had a plan and traded it as planned, thats why I think it was a good one. Anyway. 111.75 not printed yet, maybe next trade
Yes, can't really complain about the trade. Looks too early for me to long again, sidelines for now.
Fix up, trade sharp ...
  • #17,800
  • May 30, 2016 6:10am May 30, 2016 6:10am
Quoting pixie666
{quote} hey fx-ray any levels for gbp/jpy
162.85/75
161.10/00
160.05/95
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