Dragon Riders GBP/JPY

Every persons's definition of "the herd" in forex might be different.

My definition of "the herd" is the trend. And I use macd to gauze the trend,aka what "the herd" is up t.
So taking the 2hr, 3hr and 4hr chart, I see that the momentum is rising, and that the momentum can break 78 now with Frankfurt

GBPJPY should go to 169.46 now
With cable going to 1.4975 now

Daily



Better risk reward still on the long side

Calling all passengers, flight 154.61 toward 169.46 is departing in 5 min. Please have passports and luggage to hand.

Seem flight is delayed, some terrible weather lol

Will go short @153.8 looking for 100 pips

You short the bottom / previous low? Brave!

We apologies for delay of flight 154.61 toward 169.46. The weather seems to be clearing, air traffic control says it should be about another hour so before we begin boarding.

Morning
I don't know if you use pivots, but it is something that perhaps should be taken into consideration.
The Resistance 1 Pivot is a sell order, and the Support 1 Pivot is a buy order. So these 2 are always the most extreme price will move, before a clear breakout. And the breakout will not occur on the first attempt.

There are 10 scenarios that play out. Let's use today as an example.


(1) If London's first hour closed below the S1, then price can either
A ) retrace back up to to close above the S1 then the following can occur:
t - price will retrace back to S1, bounce up of S1, continue up towards the day's pivot
u - price will reverse back down through the S1 to make a new low then we sell
v - price will retrace back to S1, bounce and close only slightly higher than A above
w - will then retrace back to S1, close above S1 then the next candle will either
x - retrace back to pivot
z - continue back down through S1 on a new low

(2) If London's first hour bounced up strongly of the S1, then price can either
m - next hour will close up
1- towards pivot but closes below it
2 - towards pivot but closes above it


In fact, the daily R1 and S1 Pivots are usually either the high or low of that day. This is why I mention the first attempt does not count

I do like the way you use the pivots, they are different to mine.
Do you get them from a site , platform or do you work them out yourself?

FFS, who is the dick that didn't mark off the highs/lows on todays charts out for -30. Move on to the next one!

LOL, seriously?

Yep, trading with a horrendous hangover and no sleep. Watch me give away most of my account today!

calling all passengers, flight 154.61 toward 169.46 Please have passports and luggage to hand.

If we don't loose, we don't win. Pivots are EXTREMELY powerful.
You can get in on a long at 154.61 soon, for 1500 pips

Are you that unsure about your trade that you need to post the same message all 5 minutes to reassure yourself? I doubt we will see any new highs from here before Brexit....

I'd be happy with 161

lol... this is too provocative.... long or short who knows now? it is only speculative, unless i am scalping i cant enter trade now in GJ will wait until price reach 153.1 or 156.4...
the obvious thing in forex is uncertainty, always follow other at your own risk