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Dragon Riders GBP/JPY

  • #18,981
  • Jun 30, 2016 4:21pm Jun 30, 2016 4:21pm
m5 is doing some good waves
Enjoy the waves
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"You may say I am a dreamer .... but I am not the only one."
  • #18,982
  • Jun 30, 2016 5:34pm Jun 30, 2016 5:34pm
Quoting guesser
m5 is doing some good waves Enjoy the waves {image}
Anything GBP is an excellent scalp. The swings between Asia and US market close are an insane.
@GJscalper I've turned a new leaf. No more trolling.
  • #18,983
  • Jun 30, 2016 11:52pm Jun 30, 2016 11:52pm
Morning Cowboys and Ladies

Ok, it's very unusual fopr a currency not to touch the Sun pivot or Sunday R1 and Sunday S1. These are usually where a currency can break out of for the weeks trend.
Now Franky this morning ha moved up from yesterday S1 at 138.41.

Friday is day 1 of the 3 day period, (Friday, Sunday and Monday. We are below the daily pivot, and have not taken out yesterday open yet. So London should move us up to yesterday open
138.36 at tleast, so the daily R1 at 138.83 is in play.

SO I am looking for Franky to close beow 136.70 to buy at 137.74 up to yesterday open
Attached Image (click to enlarge)
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Forex, awful to watch, AWESOME to play
  • #18,984
  • Jul 1, 2016 1:03am Jul 1, 2016 1:03am
Yes Feo, I have the same point of view, 138,8 in sight
I need the magic ball
  • #18,985
  • Jul 1, 2016 6:58pm Jul 1, 2016 6:58pm
Quoting Feo
Morning Cowboys and Ladies Ok, it's very unusual fopr a currency not to touch the Sun pivot or Sunday R1 and Sunday S1. These are usually where a currency can break out of for the weeks trend. Now Franky this morning ha moved up from yesterday S1 at 138.41. Friday is day 1 of the 3 day period, (Friday, Sunday and Monday. We are below the daily pivot, and have not taken out yesterday open yet. So London should move us up to yesterday open 138.36 at tleast, so the daily R1 at 138.83 is in play. SO I am looking for Franky to close beow 136.70 to buy...
Hello Feo.

You see why I don't trade pivots. I am pretty sure you had many back tested formations in which the price always moved in a certain way IF something specific happens. However, we can see what happens and how badly it fails when it does.
@GJscalper I've turned a new leaf. No more trolling.
  • #18,986
  • Edited 12:06pm Jul 3, 2016 9:42am | Edited 12:06pm
Feo......is a Chart Hacker, for sure , I likey
  • #18,987
  • Jul 4, 2016 9:15pm Jul 4, 2016 9:15pm
today that trade went 95 pips and stuck now, so outta there113 of 'emin Tokyo....
  • #18,988
  • Jul 4, 2016 9:16pm Jul 4, 2016 9:16pm
Quoting Gbp/jpy
today that trade went 95 pips and stuck now, so outta there113 of 'emin Tokyo....
What is the market heading?
Artist lead and hacks ask for a show of hands.
  • #18,989
  • Jul 4, 2016 9:26pm Jul 4, 2016 9:26pm
after a 95 pip run it usually reverses for 39 pips or 60, maybe 120...all in the asia session....

136.18 is an unsquared candle...
  • #18,990
  • Edited 2:01am Jul 5, 2016 1:30am | Edited 2:01am
Sooner or later ... I think we are at this stage H1
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"You may say I am a dreamer .... but I am not the only one."
  • #18,991
  • Jul 5, 2016 1:34am Jul 5, 2016 1:34am
PMI red data and Carney will speak in about hour and a half
"You may say I am a dreamer .... but I am not the only one."
  • #18,992
  • Jul 5, 2016 12:48pm Jul 5, 2016 12:48pm
Geeee..... I only have catched 150 little pips from that bear.
Nex time.
  • #18,993
  • Jul 5, 2016 1:26pm Jul 5, 2016 1:26pm
Quoting bigboss
Geeee..... I only have catched 150 little pips from that bear. Nex time.
be happy you got on board - i missed the boat completely and got left at the docks. gotta call my travel agent and see if there will be another ship leaving anytime soon!
  • #18,994
  • Jul 5, 2016 4:05pm Jul 5, 2016 4:05pm
7:05 pm in NY says sell is on...!
  • #18,995
  • Jul 5, 2016 4:08pm Jul 5, 2016 4:08pm
yep, that was fast, the reason I could tell is the Tokyo Alarm has a signal hidden in it right when the P A tries to return to the start price, it stalls short of it ....cool asia secrets, huh>!!
  • #18,996
  • Jul 5, 2016 7:11pm Jul 5, 2016 7:11pm
Expansions
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"You may say I am a dreamer .... but I am not the only one."
  • #18,997
  • Jul 5, 2016 9:23pm Jul 5, 2016 9:23pm
On bloomberg tv, their two day outlook shows a drop off plunge for gbp in 24 hrs.....dang....
  • #18,998
  • Jul 6, 2016 1:54am Jul 6, 2016 1:54am
Possible ABC forming
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"You may say I am a dreamer .... but I am not the only one."
  • #18,999
  • Jul 6, 2016 4:55am Jul 6, 2016 4:55am
I reckon something of a pullback is in store for now. Things aren't THAT bad in the UK, even though Brexit itself remains rudderless (probably a good thing for the gbp). There's a decent enough pinbar on 4hr after this most recent selloff, and a couple of spinning tops subsequent to that. Could be just the tonic for a return to the 135.7x breakout level.
  • #19,000
  • Jul 6, 2016 4:56pm Jul 6, 2016 4:56pm
49 pips as usual, and sellin 130.72
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