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Dragon Riders GBP/JPY

Quoting fxtrader18
Next leg down coming up? {image}
check higher timeframes
Of course I have, still wouldn't dare stand in the way of the trend yet.

We've bounced 50 pips above adr, very similar pattern to last week.
Daily view
Attached Image (click to enlarge)
Click to Enlarge Name: daily.JPG Size: 74 KB
"You may say I am a dreamer .... but I am not the only one."
TP. 149.500 hitted. 180 litte pips booked. :-) Happy.
@ FEO

looks like its not gonna be one, but more like scenario 4... But I wonder, what will you do with that?
POST 18,319

I think scenario 4 is setting up
Forex, awful to watch, AWESOME to play
Quoting onno72
@ FEO looks like its not gonna be one, but more like scenario 4... But I wonder, what will you do with that?
I think so too
Forex, awful to watch, AWESOME to play
Quoting Don96
{quote} upper target missed by a wide amount... 146.8 may still be valid, haven't checked this since posted it a while back... not at charts atm, can't see what new targets are until are until at charts - staying out of GBP pairs anyway something down here viable, i doubt the same 146.8 is valid in the same way it was back then, new high made several times after... 164.3xx was actually the double top, we had 164.09... 163.89 was hit, dragon is an over and under achiever, it wasn't a bad call
144.5x zone has valid target... 138/146 i don't have anymore
Wow...!!!...
perhaps the new poll came out
Unleash the beast
What is that spike...?.. No big news in calendar... Something happened in the world..?...
Quoting bigboss
What is that spike...?.. No big news in calendar... Something happened in the world..?...
profit taking ?
Fat fingers?
Bah, hit my stop - Straight back in there though so will hopefully get some pips back!
Quoting bigboss
What is that spike...?.. No big news in calendar... Something happened in the world..?...
Maybe this..?..

Dow drops about 35 points as Microsoft shares tumble about 4% after paying $26.2 billion to buy LinkedIn; shares of LinkedIn jump 47% - USA Today
See original on twitter.com
Pound traders beware
There's rumours coming out that the delayed ICM poll shows a 5 point lead for the remains (see cable's pop).
There has still been no official news still and the details will be released by The Guardian, who commissioned the poll.
There might also be two polls under the same umbrella (phone and online) so it's unclear what exactly is coming.
It's a volatile time to be in GBP positions right now so the sidelines is probably the safest place to be at the moment.
Social media is great for getting the news fast but the downside is that it's a hotbed for chucking around rumours.
Take care

http://news.forexlive.com/!/beware-o...mours-20160613
Itīs difficult and its not a fair game.

If we use stops we will lose.
If we donīt use stops we will lose.

Or maybe it's just me.
"You may say I am a dreamer .... but I am not the only one."
will it be another case of buy the rumors sell the facts? lets ask e crystal ball
now...now....it's kinda cinchy...!!I promise.....if we can ever find a way to use really small stops that helps....that's what let me turn the corner.....
Quoting guesser
Its difficult and its not a fair game. If we use stops we will lose. If we dont use stops we will lose. Or maybe it's just me.
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