Dragon Riders GBP/JPY

Quoting Marz30

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Gaps always fill with time, thats a good one. That's like saying anything living eventually dies lol

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Quoting guesser

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Trying to break the 23 fib level {image}

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Quoting GJscalper

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I am not sure how the rest of the community feels, but I think it is pointless to "show your stats". The reality is even with small lots, one should never enter this market. A person can see their account go plus 100 pips in green and not trail, only to have it turn into negative 700 pips in less than 3 mins. A person who respects the market, knows what it is to sit on their hands. That is honestly the best thing to do.

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Quoting GJscalper

Disliked

I am not sure how the rest of the community feels, but I think it is pointless to "show your stats". The reality is even with small lots, one should never enter this market. A person can see their account go plus 100 pips in green and not trail, only to have it turn into negative 700 pips in less than 3 mins. A person who respects the market, knows what it is to sit on their hands. That is honestly the best thing to do.

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Quoting Geppy

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{quote} Also, don't you think it's a bit hypocritical to say we shouldn't show our stats yet you have two publicly viewable trade explorers?

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Quoting Geppy

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{quote} I disagree. I started putting in very small lots when I saw clearly via Twitter that the "leave" vote was highly likely to win. I was watching it in real-time and was able to take advantage. That's the point. Sure, novice traders should sit on the sidelines with a bowl of popcorn and try to learn something. But if you're experienced and know what you're doing you can profit heavily. That's what I was showing with my stats, and that's the point.

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Quoting calderone

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6 pip to 9 pip spread with oanda...market maker.

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Quoting GJscalper

Disliked

I am not sure how the rest of the community feels, but I think it is pointless to "show your stats". The reality is even with small lots, one should never enter this market. A person can see their account go plus 100 pips in green and not trail, only to have it turn into negative 700 pips in less than 3 mins. A person who respects the market, knows what it is to sit on their hands. That is honestly the best thing to do.

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Quoting saruhn

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{quote} I agree, i never trade when there is huge macro event like this. One time you can make a killing with profits and the next you can lose your entire account. I respect my strat even though i was really tempted into entering the market last night .

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Quoting vodanh

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I think GJ is bottomed out at 133. I think it will move back to 160 by the end of the year. But Thanks GJ and everyone. I booked my 3.6% today. Scaling in long from this area is a great bargain. GL to all of you Traders, Scalper. Have a good weekend

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Quoting GJscalper

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{quote} I too was very temepted, However, that impulse you get to want to enter is just a demon! This entire event could of been another SNB where with every massive drop your broker would lag, by they simply doing that, they can say the spread was 1000 pips and you wouldn't be able to prove other wise. This event just happened to be clean enough to allow us to enter into it, yet you would have a 600 pip drop on the 1m, then a retrace of 200 pips in less than 10 seconds. That market should never be traded.

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Quoting Feo

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Ok, as far as Pivots are concerned, they are out of the window for today. So then we shall shift back to conventional techs. GBPJPY should retrace back to 137.50 this morning, before a decision gets made, but also has a free all the way to 134.00 again And cable has a free all the way to 1.3125 now. We could possible see a retrace back to 1.3450ish before continuing down again {image} {image}

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