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Dragon Riders GBP/JPY

  • #19,361
  • Jul 27, 2016 10:18pm Jul 27, 2016 10:18pm
same here.....that 333 sma is right there on 5M and 15M....
  • #19,362
  • Jul 28, 2016 1:39am Jul 28, 2016 1:39am
Any news on Ray? What's the latest Ray's DP points?
  • #19,363
  • Jul 28, 2016 6:17am Jul 28, 2016 6:17am
Quoting bigboss
{quote} Long for me. From 138.522.
40 pips lost. Letīs catch some fish now.
  • #19,364
  • Jul 28, 2016 8:46am Jul 28, 2016 8:46am
This DAILY s1 PIVOT has thus far been big time support for GJ. It has traded right above it, after touching it for more than 3 hours. If GJ can close under 137.63 we might see a nice 50 pip drop before a reversal! Until then stay out of the buy position.
@GJscalper I've turned a new leaf. No more trolling.
  • #19,365
  • Jul 28, 2016 9:26am Jul 28, 2016 9:26am
Quoting Gbp/jpy
The price of the GBP/JPY has been ratcheted down by pumping Gold runs to the upside....so it's doing it more as we speak, meaning the last two days or so Hey there GoldGirl....we need to know what you know about the timings....please and thank you
Tomorrow BOJ will cause big volatile move. Prepare yourself for at least 200 pips stoploss in case for big swing. My news said there will be bigger rate cut than expected. GJ will drop like no body else business. Currently I am on short now. Lazy to play range. Just park my position at 139.30 on short.
  • #19,366
  • Jul 28, 2016 9:29am Jul 28, 2016 9:29am
My gold is in profit since 1311. 3000 pips so far. TP 1395. Either wait up till next week or it may happen just in a few hours. No one know. I can't tell the time but space yes.
  • #19,367
  • Jul 28, 2016 11:16am Jul 28, 2016 11:16am
Break or bounce at orange line.
Attached Image
"You may say I am a dreamer .... but I am not the only one."
  • #19,368
  • Jul 28, 2016 11:24am Jul 28, 2016 11:24am
Quoting goldgirl
My gold is in profit since 1311. 3000 pips so far. TP 1395. Either wait up till next week or it may happen just in a few hours. No one know. I can't tell the time but space yes.
@GJscalper I've turned a new leaf. No more trolling.
  • #19,369
  • Jul 28, 2016 2:31pm Jul 28, 2016 2:31pm
Well the "Lotto traders" will get what they want tomorrow, because GBP/JPY is bouncing all over the place! I feel as if we can see a spike to 142.00 out of no where come Asian session. What do you guys think? What does your charts say?
@GJscalper I've turned a new leaf. No more trolling.
  • #19,370
  • Jul 28, 2016 2:58pm Jul 28, 2016 2:58pm
Oh, lovely....it's at 138.57 again for the 30th time.......yep, I'm tracking all that stuff....
not one more time or I'll

really, I have a blue line there from 5 days ago or more, maybe....
  • #19,371
  • Jul 28, 2016 3:04pm Jul 28, 2016 3:04pm
anyone expecting fireworks tonight with boj? i have no doubt this pair will be a big mover tomorrow. waiting on the sidelines until london open.
  • #19,372
  • Jul 28, 2016 3:13pm Jul 28, 2016 3:13pm
Hey man, we think the same....when it goes it will do just that, huh!!
maybe one more down visit for a week maybe? idk....

Quoting GJscalper
Well the "Lotto traders" will get what they want tomorrow, because GBP/JPY is bouncing all over the place! I feel as if we can see a spike to 142.00 out of no where come Asian session. What do you guys think? What does your charts say?
  • #19,373
  • Jul 28, 2016 3:15pm Jul 28, 2016 3:15pm
Quoting GJscalper
Well the "Lotto traders" will get what they want tomorrow, because GBP/JPY is bouncing all over the place! I feel as if we can see a spike to 142.00 out of no where come Asian session. What do you guys think? What does your charts say?
Seems to be in no man's land from my viewpoint. The BOJ will most likely cause some violent whipsaw action, and anyone trying to guess what will be in that statement is simply gambling in my opinion.
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  • #19,374
  • Jul 28, 2016 3:15pm Jul 28, 2016 3:15pm
Quoting Gbp/jpy
Oh, lovely....it's at 138.57 again for the 30th time.......yep, I'm tracking all that stuff.... not one more time or I'll really, I have a blue line there from 5 days ago or more, maybe....
It's accumulation area... price will spike at any time, as far as my opinion I continue to favour longs, although it may spike both ways and only then resume the longs... probably to 140/141.5 areas... UK economy it's not that bad as they say, and BOJ clearly wants to depretiate yen a little more to increase exportations levels that were hit after brexit...

but yet again it's just my opinion, not a guru or a cristal ball trader... just my insights.
  • #19,375
  • Jul 28, 2016 3:31pm Jul 28, 2016 3:31pm
Quoting zwara
{quote} It's accumulation area... price will spike at any time, as far as my opinion I continue to favour longs, although it may spike both ways and only then resume the longs... probably to 140/141.5 areas... UK economy it's not that bad as they say, and BOJ clearly wants to depretiate yen a little more to increase exportations levels that were hit after brexit... but yet again it's just my opinion, not a guru or a cristal ball trader... just my insights.
GJ been on uptrend since July 5th, so I think your assessment is good.

I also think it's volatile enough to find trades in both directions, but I usually try and go with the weekly trend, so I can be more confident in swing trades and intra-day trades...
  • #19,376
  • Jul 28, 2016 3:33pm Jul 28, 2016 3:33pm
I judge it off the 333 sma on 4H and 15M.........and then count bounces and pushes upwards....

yep, I see those 5M and 1M charts singing too!!!!
  • #19,377
  • Jul 28, 2016 4:03pm Jul 28, 2016 4:03pm
GBPJPY has some unfinished business at 138.15, maybe 138.05. at the moment the rate is at the top of a nose of a small range breakout. the most heavy loaded level from this range is 138.10. if the rate moves higher from 138.90-139.10, the range will be no more and maybe at least some 100+ pips above 139 are to be expected.

shit. the rate fell down from 138.65 to 138.40 while i was typing this...
Maadik Hugiis. IQ 69.
  • #19,378
  • Jul 28, 2016 4:14pm Jul 28, 2016 4:14pm
USDJPY just enters a new range, with the most heavy level of 105.10, the next heavy levels to follow are 105.00 and 104.90. the breakouts of this range are 105.80/90 above and 104.30/20 below.

GBPUSD is already in a brand new range with the most heavy level of 1.3160.

i think, GJ is about to stay in a range. bouncing around 138.80 and 137.40.
Maadik Hugiis. IQ 69.
  • #19,379
  • Jul 28, 2016 4:25pm Jul 28, 2016 4:25pm
thanks for that....great input...
Quoting MoneyZilla
USDJPY just enters a new range, with the most heavy level of 105.10, the next heavy levels to follow are 105.00 and 104.90. the breakouts of this range are 105.80/90 above and 104.30/20 below. GBPUSD is already in a brand new range with the most heavy level of 1.3160. i think, GJ is about to stay in a range. bouncing around 138.80 and 137.40.
  • #19,380
  • Jul 28, 2016 4:54pm Jul 28, 2016 4:54pm
All the GBP/JPY shorters from #TeamPomPom are watching the thread but posting nothing. lol Hopefully GBPJPY has a crazy whiplash that causes it to spike up to 141.00 to stop out all the sellers, and once the sellers decide to go long, they tank it 400 pips to stop them out again! That way they can learn to respect price action and stop crystal ball trading.
@GJscalper I've turned a new leaf. No more trolling.
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