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Dragon Riders GBP/JPY

  • #17,801
  • May 30, 2016 6:31am May 30, 2016 6:31am
GBPJPY

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  • #17,802
  • May 30, 2016 6:32am May 30, 2016 6:32am
Quoting FX-Ray
{quote} 162.85/75 161.10/00 160.05/95
Thanks FX-Ray was holding a short from 162.700, as it failed to go beyond 162.800 think my shorts r alright so far
  • #17,803
  • May 30, 2016 11:27am May 30, 2016 11:27am
Quoting Pixie666
{quote} Thanks FX-Ray was holding a short from 162.700, as it failed to go beyond 162.800 think my shorts r alright so far
In case for continuation to the upside, next I got is 164.60/50, good luck!
  • #17,804
  • May 30, 2016 12:33pm May 30, 2016 12:33pm
i would not short before 167.
  • #17,805
  • May 30, 2016 12:41pm May 30, 2016 12:41pm
Still holding on to it
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  • #17,806
  • May 30, 2016 1:18pm May 30, 2016 1:18pm
Nice chart...thanks old man.......oh, sorry about the old man part......awesome trendline if ever there was one...
Quoting Alex III
GBPJPY {image}
  • #17,807
  • May 30, 2016 9:38pm May 30, 2016 9:38pm
that's 100 pips exactly at 163.19.....sell now maybe....idk, small stop

Tokyo Alarm Clock was ontime, I think down now because that would be easy during the same session even.....

Gold is up a little to 1213.00 from an even twelve hundred
  • #17,808
  • May 30, 2016 9:59pm May 30, 2016 9:59pm
Gbp strong move up.
Maybe touch 164.4x-5x
  • #17,809
  • Edited 10:47pm May 30, 2016 10:34pm | Edited 10:47pm
I am very afraid to jump in front of the train but sitting right up against a trend line + serious bearish divergence. Not going to sell it but be sharp. A pull back to 158 before flying up to 170+ would very much be in order

and it blew right through it....this thing is gonna keep climbing
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  • #17,810
  • May 30, 2016 10:48pm May 30, 2016 10:48pm
Quoting raiders
I am very afraid to jump in front of the train but sitting right up against a trend line + serious bearish divergence. Not going to sell it but be sharp. A pull back to 158 before flying up to 170+ would very much be in order and it blew right through it....this thing is gonna keep climbing {image}
  • #17,811
  • May 30, 2016 10:53pm May 30, 2016 10:53pm
Quoting ballballball
{quote}
Based on some quick fibs i took I think UJ might go all the way to 112.5 before correcting which will make this thing keep on climbing
  • #17,812
  • Edited 11:59pm May 30, 2016 11:44pm | Edited 11:59pm
Morning

This is a monthly chart, with the yearly pivot on. We had a move up from the low, but the low did not bounce of a pivot.

The midway pivot between between ( S2 161.59) and (S3 140.58) is 151.08. If the bounce up was from the pivot then I would agree we could go up. I think this months' up move was just price being marked up, because it was oversold. And more importantly, to make room for a further drop down to start about the 16th of next month, a week for Brexit. So I will be looking to sell from S2 down to S3
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  • #17,813
  • May 31, 2016 12:23am May 31, 2016 12:23am
time for down some 200 pips now
email me : pipspro88@gmail
  • #17,814
  • May 31, 2016 12:23am May 31, 2016 12:23am
Quoting raiders
{quote} Based on some quick fibs i took I think UJ might go all the way to 112.5 before correcting which will make this thing keep on climbing
went long gold 1203 - if usdjpy reacts inversly not always the case, this will start to head down. Gold is 1213 currently. If the whole cycle clicks gold up , usdjpy down , gbpgpy down
  • #17,815
  • May 31, 2016 12:46am May 31, 2016 12:46am
Quoting Feo
Morning This is a monthly chart, with the yearly pivot on. We had a move up from the low, but the low did not bounce of a pivot. The midway pivot between between ( S2 161.59) and (S3 140.58) is 151.08. If the bounce up was from the pivot then I would agree we could go up. I think this months' up move was just price being marked up, because it was oversold. And more importantly, to make room for a further drop down to start about the 16th of next month, a week for Brexit. So I will be looking to sell from S2 down to S3 {image}...
Exactly what i have in mind... that's why i still hold my sell positions.
  • #17,816
  • May 31, 2016 12:53am May 31, 2016 12:53am
Quoting Pip-Miner
{quote} went long gold 1203 - if usdjpy reacts inversly not always the case, this will start to head down. Gold is 1213 currently. If the whole cycle clicks gold up , usdjpy down , gbpgpy down
im not sure yet that the larger correction is ready, but im still looking for 108ish uj and somewhere around 158 gj before the big up so im with you on your idea of the long gold. of course it may just be wishful thinking on my part hoping to get in extra cheap.

problem is the rise has been so messy on uj so im kinda just winging it. either way i think at least 1 higher high in uj is in order before the correction
  • #17,817
  • May 31, 2016 1:21am May 31, 2016 1:21am
weekly R1 here 163.24
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  • #17,818
  • May 31, 2016 1:38am May 31, 2016 1:38am
Quoting Pip-Miner
{quote} went long gold 1203 - if usdjpy reacts inversly not always the case, this will start to head down. Gold is 1213 currently. If the whole cycle clicks gold up , usdjpy down , gbpgpy down
Am I the only one still holding long here?

I like all your analysis btw guys, especially the gold, usd/jpy flipping the gbp/jpy around.
Just holding above the head and shoulders and 100 day MA, and keeping my long trade open before US data determines direction, but till then waiting to see if it hits 164 and higher
  • #17,819
  • May 31, 2016 1:50am May 31, 2016 1:50am
Quoting alayinizAMK
i would not short before 167.
killer res at 167
right now i cant't feel sure about this res to be honest
  • #17,820
  • May 31, 2016 1:53am May 31, 2016 1:53am
MASSIVE DROP COMING!!!!
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