Dragon Riders GBP/JPY

i should be down again n again... SELL only in GJ today..

naw....is that a stop and reverse....

an oscillator at the bottom or in it's own box.......

one more huge thing....it's the classic 15M trade....when the oscillator is say...up at the top at 70 or better....you will for darn sure see the dangdest thing....that's how we talk in Texas....the price bars will keep stair stepping up.....with no candle falling below the previous one....on the 5M they will have a candle beat the previous low....but the 30M and the 15M will stair step and the rules of the classic trade to only enter when the current candle goes 2 pips below the previous one. e see stair stepping other places...but this is significant on the 15M....

God is good all the time....my buddy Mike at " Trading naked "....check his site out...that's his signature....God is good all the time...
The Holy Spirit came up with this.....or maybe you think I was somehow able to just say 42 after the hour....yezz....no let the Holy Spirit guide you through this next part....we gonna plow deep...this about the 8pm NY reverse that happened today......

someone's trying to interfere.....freezing up......

this trade is advertised to have many levels......simple pip counts....11....24 then 49 or 60......

BUT the reverse at 8pm NY time starts a new deal....it looks for 9pm or 9:15 for a reverse

i'll sort this all out better.......it's written rules.....but man...the Spirit has unlimited info for free.......about forex details even...ya know, I don't remember asking for help....but I remember being in agony because I wanted to know what drives those squiggles and whipsaws.....I'll explain them too.....I got it for free....it boils down to seeing I guess the habits or characteristics.....no....the way of the market......but to get there the Spirit is King for giving hints till it comes to your mind....hey.....just like in our walk on this planet....cool

Now when Tokyo Alarm time comes around....ignore the 15M classic waiting till the candle drops to a new low from the previous candle....I use a one minute and jump the time stated.....looking for the market to just reverse because of the time on your wristwatch.....do that for just three days and suddenly you'll find yourself accurately judging the volatility or P A as to what the MOF of the BOJ is thinking......he he

ok....i'll get a screen shot in a day I promise....but the slo sto has it's own box and is the usual oscillator....that'll help huh....this is fun I think....maybe you no have any angst...is that a word....maybe you have no agony for three years like me....till I went profitable....soul searchin I tell ya....for three years

Good morning everyone. Here is my first scalp call for this morning on GJ.


I say that GJ will go up to 150.522 before closing at or below 150.248

You can see I am long on that wager.

Morning all
Here are my scenarios today. I prefer number one The hour now is 6am

Good morning
If your refer to post 18,319 it was just scenario TWO playing out

sill running 200 + pips

It will go to 1.52xx again today or may be little higher too....... just my view.

I still prefer scenario ONE, just that the 7am candle is red and not green
Daily S1 is a buy order, 149.19

Pretty risk off type of day

Morning

Day R1 is always a sell and Day S1 is always a buy on the first attempt. The first attempt only. These two pivots are usually high or low of day.
It's the lowest risk entry I believe. Simply wait to be filled, as soon as price shows it's bounce then you can place stop at 10 pips.

This is a 4hr chart starting Friday, yesterday and now. The black up arrow indicates the 4hr that hit the S1 or R1.
The black boxes are just one hour char. of that 4hr scenario, , so that you can see the example of the of the rejection of R1 and S1 on first attempt.

I think this upward movement has to do with the CPI numbers that go out soon and has already responded to them and will return to the original move down.

probably yes.

GBP/JPY at lowest point since August 2013.....could be due for bounce? I don't have much experience with this pair but thought I'd throw that in....

in less than 10 minutes

When the hour closes, and it has crossed the .00 mark, or the .50 mark, the next hour is going to be a pause.
So lower time frame traders should take this into account

Cable now is an example

Great entry
Congrats

Read to push up to my target.