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Dragon Riders GBP/JPY

  • #18,321
  • Jun 13, 2016 5:59am Jun 13, 2016 5:59am
Quoting fxtrader18
Next leg down coming up? {image}
check higher timeframes
  • #18,322
  • Jun 13, 2016 6:08am Jun 13, 2016 6:08am
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.
  • #18,323
  • Jun 13, 2016 6:21am Jun 13, 2016 6:21am
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."
  • #18,324
  • Jun 13, 2016 6:42am Jun 13, 2016 6:42am
TP. 149.500 hitted. 180 litte pips booked. :-) Happy.
  • #18,325
  • Jun 13, 2016 7:15am Jun 13, 2016 7:15am
@ FEO

looks like its not gonna be one, but more like scenario 4... But I wonder, what will you do with that?
  • #18,326
  • Jun 13, 2016 7:53am Jun 13, 2016 7:53am
POST 18,319

I think scenario 4 is setting up
Forex, awful to watch, AWESOME to play
  • #18,327
  • Jun 13, 2016 7:53am Jun 13, 2016 7:53am
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
  • #18,328
  • Jun 13, 2016 8:02am Jun 13, 2016 8:02am
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
  • #18,329
  • Jun 13, 2016 8:33am Jun 13, 2016 8:33am
Wow...!!!...
  • #18,330
  • Jun 13, 2016 8:34am Jun 13, 2016 8:34am
perhaps the new poll came out
  • #18,331
  • Jun 13, 2016 8:34am Jun 13, 2016 8:34am
Unleash the beast
  • #18,332
  • Jun 13, 2016 8:35am Jun 13, 2016 8:35am
What is that spike...?.. No big news in calendar... Something happened in the world..?...
  • #18,333
  • Jun 13, 2016 8:37am Jun 13, 2016 8:37am
Quoting bigboss
What is that spike...?.. No big news in calendar... Something happened in the world..?...
profit taking ?
  • #18,334
  • Jun 13, 2016 8:38am Jun 13, 2016 8:38am
Fat fingers?
  • #18,335
  • Jun 13, 2016 8:39am Jun 13, 2016 8:39am
Bah, hit my stop - Straight back in there though so will hopefully get some pips back!
  • #18,336
  • Jun 13, 2016 8:48am Jun 13, 2016 8:48am
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
  • #18,337
  • Jun 13, 2016 8:51am Jun 13, 2016 8:51am
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
  • #18,338
  • Jun 13, 2016 9:14am Jun 13, 2016 9:14am
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."
  • #18,339
  • Jun 13, 2016 9:25am Jun 13, 2016 9:25am
will it be another case of buy the rumors sell the facts? lets ask e crystal ball
  • #18,340
  • Jun 13, 2016 9:58am Jun 13, 2016 9:58am
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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