Dragon Riders GBP/JPY | Page 896 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

Enter The Dragon - GBP/JPY 2 replies

Info on the Borihei-Dragon Scalping System? 15 replies

The Dragon 441 replies

Scalping The Dragon 34 replies

***Dragon II*** 15 replies

Attachments: Dragon Riders GBP/JPY
Exit Attachments

Dragon Riders GBP/JPY

  • #17,901
  • Jun 2, 2016 6:50am Jun 2, 2016 6:50am
Quoting goldgirl
More lot added to long GJ

still on long ?
email me : pipspro88@gmail
  • #17,902
  • Edited 7:07am Jun 2, 2016 6:56am | Edited 7:07am
that 8:15 reversal N Y time has been missing since January......it used to a staple......
and three pushes to 157.60 were all disguised....and Gold hasn't budged off 1212.00....bout time the market operators tweeked it a bit.....

three pushes to take is the bank moving the price bars....they do it in three shoves....usually 30 minutes apart or so.....

we're set up for more down on the usd/jpy......according to the 4H dealer chart oscillators....
  • #17,903
  • Jun 2, 2016 7:35am Jun 2, 2016 7:35am
Quoting Gbp/jpy
that 8:15 reversal N Y time has been missing since January......it used to a staple...... and three pushes to 157.60 were all disguised....and Gold hasn't budged off 1212.00....bout time the market operators tweeked it a bit..... three pushes to take is the bank moving the price bars....they do it in three shoves....usually 30 minutes apart or so..... we're set up for more down on the usd/jpy......according to the 4H dealer chart oscillators....
Hi G/J, which might mean we are set for more up on £/$ since the latter is to weaken.....
Lost....
  • #17,904
  • Edited 8:36am Jun 2, 2016 7:43am | Edited 8:36am
G/J drowning enough for today, i hope tomorrow will be rise up
"We will never know the real Answer, before you try"
  • #17,905
  • Jun 2, 2016 10:26am Jun 2, 2016 10:26am
Tough choppy stuff today. The only decent trend is UJ down. Possibly GU down too. Not sure how that leaves the Dragon though? Probably down too. My bias remains short for now. Specially with Brexit in the air.
  • #17,906
  • Jun 2, 2016 10:41am Jun 2, 2016 10:41am
Longer term, I see GBPJPY short, EURUSD short, EURJPY short, AUDJPY short, USDJPY short. EUROZONE fundamentals weak. Imminent Deutsche Bank crisis. Long term JPY strongest, USD strong and EUR weak. River trade strategy formation complete on EURUSD, GBPJPY.
  • #17,907
  • Jun 2, 2016 2:39pm Jun 2, 2016 2:39pm
shorts be careful
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU.png Size: 113 KB
Click to Enlarge Name: GJ.png Size: 77 KB
Click to Enlarge Name: UJ.png Size: 90 KB
Click to Enlarge Name: Divergence_Guide.jpg Size: 70 KB
  • #17,908
  • Jun 2, 2016 2:57pm Jun 2, 2016 2:57pm
Quoting raiders
shorts be careful {image} {image} {image} {image}
sidelines this pair good day to get chopped up in the U.S. Session
  • #17,909
  • Jun 2, 2016 4:00pm Jun 2, 2016 4:00pm
156.5. The 61.8 of the move up. Also possibly mapping out a perfect diamond and at the base right now. Much below here and it could be stuffed.
  • #17,910
  • Jun 2, 2016 4:14pm Jun 2, 2016 4:14pm
Quoting Mpt
156.5. The 61.8 of the move up. Also possibly mapping out a perfect diamond and at the base right now. Much below here and it could be stuffed.
155.683 opens the door to new lows imo

personally this is a spot i was waiting for since the high got hit. The count is funky over the past few days/weeks but if my count is good 170+ from here. if its bad....so long dragon
  • #17,911
  • Jun 2, 2016 4:16pm Jun 2, 2016 4:16pm
both EURGBP and NZDUSD are Bearish. Both pairs have reached their resistance levels and in bear mode. Anyone reply if iam wrong with a reason.
  • #17,912
  • Jun 2, 2016 4:19pm Jun 2, 2016 4:19pm
this brexit bullshit is messing with the markets imo. lots of funky moves all over the place. that said im not even sure us data tomorrow will have much of an effect on the markets. i think everyone is just sitting around with thumbs up their ass waiting on the uk

thats just my take on it. truth be told im a little sour on the situation and very much over it...can you tell lol
  • #17,913
  • Jun 2, 2016 4:48pm Jun 2, 2016 4:48pm
I dont think it has found the bottom yet, GJ GA GZ.
I was looking for a buy ride, and couple SL got hit . meeh !
  • #17,914
  • Jun 2, 2016 5:07pm Jun 2, 2016 5:07pm
Quoting raiders
{quote} 155.683 opens the door to new lows imo personally this is a spot i was waiting for since the high got hit. The count is funky over the past few days/weeks but if my count is good 170+ from here. if its bad....so long dragon
My best take on it is that at this place here, multi hour, multi day, multi month and multi year supports all pretty much come together here. In other words, .... this is it. One way or the other.
  • #17,915
  • Jun 2, 2016 5:13pm Jun 2, 2016 5:13pm
Quoting Mpt
{quote} My best take on it is that at this place here, multi hour, multi day, multi month and multi year supports all pretty much come together here. In other words, .... this is it. One way or the other.
100%

Im not long yet only because i already have exposure with UJ. But if the yen keeps weakening im probably going to add during london. As of right now i think i nailed UJ up off the floor at 105.58 and just got kicked into another position on the break of 108.92. I dont plan on adding because i want amo for london but these candles are promising
  • #17,916
  • Edited 6:52pm Jun 2, 2016 5:54pm | Edited 6:52pm
Quoting raiders
{quote} 100% Im not long yet only because i already have exposure with UJ. But if the yen keeps weakening im probably going to add during london. As of right now i think i nailed UJ up off the floor at 105.58 and just got kicked into another position on the break of 108.92. I dont plan on adding because i want amo for london but these candles are promising
Yes, the Yen. Conventional wisdom is that it will fall only a little more before coming back to break 111. However, under 107, it eventually breaks 104, and is running about 3-4 months behind Sterling Yen. In that regard, it would arrive in about the same place as we sit right now, that being about 96/97.

Here's a monthly UJ chart with my wonderfully drawn circles and ellipses. The primary one is the elipse. The top green box shows where price jumped over when BOJ eased. The bottom two boxes show that even two interventions couldn't break it. It finally got up on Christmas Eve in zero liquidity when Soros bought it. 111 retested a break down.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYMonthly.png Size: 25 KB


So, is UJ really bullish? I personally have no idea right now.
  • #17,917
  • Edited 7:00pm Jun 2, 2016 6:44pm | Edited 7:00pm
HEY, really short term I got 157.49 for a sell.....which would be the second bump on the slo sto running along for us at 34,3,3....

possibly on both the 5M and the 15M.....if it could that for us....that woulg be just great yea.....And remember.....Friday

FRIDAY....is Hawaiian Shirt Day

yes, that's the spirit down there Collabfx, baby....
  • #17,918
  • Jun 2, 2016 6:44pm Jun 2, 2016 6:44pm
  • #17,919
  • Jun 2, 2016 7:32pm Jun 2, 2016 7:32pm
Quoting ballballball
Bad news for GBP and good news for Jpy. You long? For me.gbpjpy will breaks big support or Good news for the Brexit
  • #17,920
  • Jun 2, 2016 7:36pm Jun 2, 2016 7:36pm
Hey there three ball....when is that vote anyway......soon?.....i'm curious
Quoting ballballball
{quote}
17 traders viewing now