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Dragon Riders GBP/JPY

  • #18,021
  • Jun 6, 2016 6:34pm Jun 6, 2016 6:34pm
Quoting nimbinsstone
still learning, care to share your method; or even better an idea whether your making or losing money ridicule helps neither of us
i mostly lurk looking for decent conversation on trading the dragon, but every now and then someone says something like "wish" they did something or "should" have done that, and I just want to warn that u are setting yourself up for more problems.
  • #18,022
  • Jun 6, 2016 7:45pm Jun 6, 2016 7:45pm
lol, just is and I didn't take the position because I didn't have it filling enough reasons why to do so.
help is appreciated, ridicule is a waste of time and TBH just makes the easy pointer look silly
  • #18,023
  • Jun 6, 2016 8:24pm Jun 6, 2016 8:24pm
today now.....that oft mentioned and spectacular Tokyo thang.....is still going up.....reporting 144 pips.....yesterday 243 pips. so.....imagine.....

yep, that aint no run of the mill regular thang, now.....like in the written rules of the 7:42 trade.....rule number one is enter at 6:42.....it gets wilder from there....it has several layers , 11 pips....then layer two....11 pips back to the start... then 24 to 49 pips.....then 60 to 120 pips....all reverses or continuations depending on apparent volatility
  • #18,024
  • Jun 6, 2016 8:51pm Jun 6, 2016 8:51pm
Well, I cach late this one. Anyway,100 little pips are good, and 150 better. Hoping for my TP soon and go to sleep.
  • #18,025
  • Jun 6, 2016 9:14pm Jun 6, 2016 9:14pm
GJ and GU made a spike!!
  • #18,026
  • Jun 6, 2016 9:24pm Jun 6, 2016 9:24pm
Quoting Sis.yphus
Hello fellow dragon riders! Geppy is ready for take off... Targeting 161.30 area {image}
Hey Dragon Riders!

Boy has it been a crazy ride! Posting a follow up to my last long entry. Although I did not make money on my first entry nor did price come anywhere near my target, I was able to snag 184 pips out of this beast.

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-06-06 at 11.16.56 PM.png Size: 54 KB


The market is dynamic so your trading plan should be as well. If the market is not following your original trade analysis, change your analysis and adjust to the market.

Hope everyone is having a smooth ride out there!
  • #18,027
  • Jun 6, 2016 9:25pm Jun 6, 2016 9:25pm
dang 200 pip spike.....right off the 333 sma 15M.....should send us higher....
  • #18,028
  • Jun 6, 2016 9:28pm Jun 6, 2016 9:28pm
Quoting Gbp/jpy
dang 200 pip spike.....right off the 333 sma 15M.....should send us higher....
all locked in , what caused it all i could find
GBP/USD spikes on no news to briefly break above 1.4600 and trade with gains of over 1 point....
  • #18,029
  • Jun 6, 2016 9:41pm Jun 6, 2016 9:41pm
Quoting calderone
{quote} If you look at the 4hr and 1hr to be specific. We are at the 61.8 of the drop. I expect price to drift down from here and the downtrend to continue.
Ha! So much for my theory.
  • #18,030
  • Edited 10:04pm Jun 6, 2016 9:53pm | Edited 10:04pm
that 333 sma on a 15M chart always does this.....second stab did it....it's how the Tokyo session gets enough profit for the mom and pop Japanese retail traders.....which is great for the second largest economy in the world.....China is not really....their market is inflated...and is in territory for a fall into oblivion.

Japan deserves this set-up.....they're aged and retired..... and fresh out of tricks for driving the economy. the most retired country in the world.
Their mom and pop traders grew up on free market analysis....trading rice. the best two analysis methods ever.....doing since what.....1450 a.d....

candles and Ichimoku.
  • #18,031
  • Jun 6, 2016 10:22pm Jun 6, 2016 10:22pm
if ya see 156.00 or so.....that's a buy...15M 333 sma.....if ya put a 34,3,3 slo sto....the line should get down to the 30 marker....then buy a break of a 15 M candle topout price level....
  • #18,032
  • Jun 6, 2016 10:46pm Jun 6, 2016 10:46pm
Starting at 174, a likely 2200 pip high triangle
  • #18,033
  • Jun 7, 2016 1:13am Jun 7, 2016 1:13am
Quoting alayinizAMK
fack closed my shorts 160.3 ish {image}
this is just amazing
missing both ways like a jerk
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.148.jpg Size: 34 KB

but what a bull ey?
Attached Image
  • #18,034
  • Jun 7, 2016 2:21am Jun 7, 2016 2:21am
Quoting GJscalper
Does that picture best discribe your account on 06/06/2016 {image}
lol ...

anyway, Aussie is more interesting atm. Outlook has changed a bit imo.
Fix up, trade sharp ...
  • #18,035
  • Jun 7, 2016 2:22am Jun 7, 2016 2:22am
JPY is so weak today...

well to start the week it has been
  • #18,036
  • Jun 7, 2016 2:26am Jun 7, 2016 2:26am
where are those people who shouted to short short till 150?
where are they hiding now?
  • #18,037
  • Jun 7, 2016 2:56am Jun 7, 2016 2:56am
I just cant see how long can be the way to go with this Brexit malarkey on the horizon. Not that I have the balls to go short either. So sidelines it is.....
  • #18,038
  • Jun 7, 2016 3:46am Jun 7, 2016 3:46am
Almost 200 pips in 5 minutes...How do you call that ?
  • #18,039
  • Jun 7, 2016 5:11am Jun 7, 2016 5:11am
Quoting MixiFX
Almost 200 pips in 5 minutes...How do you call that ?
lucky enough...
making money is easy in forex, losing money is even easier...
  • #18,040
  • Jun 7, 2016 5:43am Jun 7, 2016 5:43am
Quoting FX-Ray
{quote} Nice rejection of DP (9) & (8), current print DP (7), watch that level closely and match it up with your analysis.
DP 157.40/30 rejected, even tho it got penetrated by ~50Pips; its trading below atm. Next support is DP 156.00/90; if price able to take out DP 157.40/30, next DP upside 159.20/10.

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