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Dragon Riders GBP/JPY

  • #17,961
  • Jun 4, 2016 11:11pm Jun 4, 2016 11:11pm
Quoting ninner
i believe this pair can go alot lower!!!
I do believe theres a 300 to 500 pips opp to sell!
  • #17,962
  • Edited 8:13pm Jun 5, 2016 3:15pm | Edited 8:13pm
Decision points calendar week 23 for GBP/JPY:

(0) 166.40/30*
(1) 165.60/50
(2) 164.80/70
(3) 161.30/20
(4) 159.20/10
(5) 157.40/30*
(6) 156.10/00**
(7) 155.50/40*
(8) 153.70/60
(9) 153.20/10
(X) 152.00/90*

*Updated
**Added
  • #17,963
  • Jun 5, 2016 3:29pm Jun 5, 2016 3:29pm
GJ just took a massive dip... 154.20 atm
  • #17,964
  • Jun 5, 2016 3:31pm Jun 5, 2016 3:31pm
Quoting Don96
{quote} 154.79 may be first buy/154.22
Stopped... might try a buy on the market open... price hovering at 154.22 atm
  • #17,965
  • Jun 5, 2016 3:32pm Jun 5, 2016 3:32pm
FX-Ray; pardon my ignorance but how do you come usually come to conclusion about the decision point, please elaborate.


Quoting FX-Ray
Decision points calendar week 23 for GBP/JPY: (1) 166.30/20 (2) 165.60/50 (3) 164.80/70 (4) 161.30/20 (5) 159.20/10 (6) 157.30/20 (7) 155.40/30 (8) 153.70/60 (9) 153.20/10 (X) 152.10/00
  • #17,966
  • Jun 5, 2016 3:55pm Jun 5, 2016 3:55pm
I think GJ might continue to dip due to the brexit Poll.

#my_opinion
  • #17,967
  • Edited 4:10pm Jun 5, 2016 3:57pm | Edited 4:10pm
this is pretty simple, i dont know i got these Analytics right or what not but i ended up getting a good order, check it out guys!
would love the feedback, thanks in advance!
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  • #17,968
  • Jun 5, 2016 3:59pm Jun 5, 2016 3:59pm
here's what I had getting ready before it opened
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  • #17,969
  • Jun 5, 2016 4:04pm Jun 5, 2016 4:04pm
Are you sure you want to buy at the moment?
  • #17,970
  • Jun 5, 2016 4:08pm Jun 5, 2016 4:08pm
Quoting mozart4646
Are you sure you want to buy at the moment?
well ive just seen brexit polls data... probs not a good idea, but I'm 470 up on UJ so can kind of afford it if I want to
  • #17,971
  • Jun 5, 2016 4:16pm Jun 5, 2016 4:16pm
Quoting Don96
{quote} Stopped... might try a buy on the market open... price hovering at 154.22 atm
Ignoring price action is NEVER a good thing. Anyway have an amazing week, and I will stop in during London open. On my Gap sell I earned 82 pips profit. Easiest pips a trader could ever earn.
@GJscalper I've turned a new leaf. No more trolling.
  • #17,972
  • Jun 5, 2016 5:07pm Jun 5, 2016 5:07pm
oh you dog....GJscalper....you're a genius...
Quoting Gbp/jpy
hey....you are a chart hacker too, my brother....good info...thanx{quote}....p/jpy closes the week at it's weekly high or low it goes in the same direction
and that's a sell at the sticky spot....154.37....27 to 39 is the sticky spot
  • #17,973
  • Edited 7:14pm Jun 5, 2016 5:08pm | Edited 7:14pm
Quoting GJscalper
{quote} Ignoring price action is NEVER a good thing. Anyway have an amazing week, and I will stop in during London open. On my Gap sell I earned 82 pips profit. Easiest pips a trader could ever earn.
yeah but how did your others do? EU gapped down?

and where did I say I ignore price action... I try to pick tops and bottoms, if I get it right then I'm more than profitable, if I'm wrong then I lose a small amount who cares...
  • #17,974
  • Jun 5, 2016 5:19pm Jun 5, 2016 5:19pm
let's see if they can close the gap
  • #17,975
  • Jun 5, 2016 6:32pm Jun 5, 2016 6:32pm
massive rejection of the gap took a short on it 153.40 150 pips already
  • #17,976
  • Jun 5, 2016 6:48pm Jun 5, 2016 6:48pm
out 153.20
  • #17,977
  • Jun 5, 2016 6:49pm Jun 5, 2016 6:49pm
Quoting mihrutkanik
short 162.53. target 151
Almost there..
  • #17,978
  • Jun 5, 2016 8:57pm Jun 5, 2016 8:57pm
Quoting Gbp/jpy
oh you dog....GJscalper....you're a genius...{quote} and that's a sell at the sticky spot....154.37....27 to 39 is the sticky spot
I simply play the tendencies of the market. GJ gapped down as suspected, and after trying to go back up it was smacked down for another 200 pips down.
@GJscalper I've turned a new leaf. No more trolling.
  • #17,979
  • Edited 9:24pm Jun 5, 2016 8:58pm | Edited 9:24pm
Quoting Don96
{quote} yeah but how did your others do? EU gapped down? and where did I say I ignore price action... I try to pick tops and bottoms, if I get it right then I'm more than profitable, if I'm wrong then I lose a small amount who cares...
I simply pointed out that you ignore price action, as you were taking longs as GJ continued to sell of. However, you mentioned that you trade by "guessing"tops and bottoms. We can clearly see that guessing only puts you further in red trading this GJ pair.
@GJscalper I've turned a new leaf. No more trolling.
  • #17,980
  • Jun 5, 2016 9:04pm Jun 5, 2016 9:04pm
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Based on my system GBP/JPY at the time of this post is a scalp sell. The price is currently at 153.610 and the tp is 152.99 (take profit 1). Should GBP/JPY move up to the 0.0 fib and close at or aboce 153.912 on the 1m then I will take a scalp long to 154.373 (take profit 1 for the buy).

So as for now I will wait for the buy.
@GJscalper I've turned a new leaf. No more trolling.
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