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Dragon Riders GBP/JPY

  • #19,961
  • Aug 18, 2016 4:32am Aug 18, 2016 4:32am
Quoting NurWijaya
My trading idea in the GBPJPY today closing Candlestick on Daily TF signaled consolidation momentum. I opened the instant trading with take profit at the level of trading my system seen on this day. hopefully survived until the destination {image}
Hit TP 1
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  • #19,962
  • Aug 18, 2016 4:42am Aug 18, 2016 4:42am
Quoting Guy Mann
{quote} I'm looking for 132.30 then back down to 131.20 and then much higher maybe around 133
Yes right now my concern is about retrace of the week end cause hidden structure needs to visible for further confirmation. So I need to wait at this point cause No trade is also equal as trade.
Nobody Knows the Next move!!
  • #19,963
  • Aug 18, 2016 4:46am Aug 18, 2016 4:46am
i'm on the sidelines too
let's see how the us session goes
  • #19,964
  • Aug 18, 2016 4:47am Aug 18, 2016 4:47am
And also same like this pair- Gold is going to react. I see a clear goal post @1320 just waiting for kick
Nobody Knows the Next move!!
  • #19,965
  • Aug 18, 2016 5:42am Aug 18, 2016 5:42am
Quoting NurWijaya
{quote} Hit TP 1 {image}
Please note whenever EURGBP gains maximal values, GBPJPY deflates it.

That is what happened today.

There is very much possibility after the European Monetary Policy meeting for GBPJPY to keep deflating the EURGBP but in a gentle and sustained manner.

In next 50 minutes we will know.
Practice makes a person perfect
  • #19,966
  • Edited 7:21am Aug 18, 2016 7:06am | Edited 7:21am
I looking for the 134 area I think it will go there today or tomorrow

H4 chart says all what I need
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Cheers

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #19,967
  • Aug 18, 2016 7:38am Aug 18, 2016 7:38am
Good morning dragon riders.

Tough day for me yesterday as I was left naked on GJ on one of my accounts.

So I take it everyone now has a bias to the upside for GJ? Or is everyone still banking on GJ making a fresh low here soon on the daily?
@GJscalper I've turned a new leaf. No more trolling.
  • #19,968
  • Aug 18, 2016 7:44am Aug 18, 2016 7:44am
i'd like to go long but need to see a clear break of the 130.20 / 130.40 area
still on the sidelines
  • #19,969
  • Aug 18, 2016 8:13am Aug 18, 2016 8:13am
Quoting alexpi
{quote} Price went lower than I expected. Now we're over 131.35/45 and price is revisiting the level. Right now it's trying to break the 4H TL so if it rejects under 131.25 I will take a short with SL at latest high Add: screenshot with entry, just fyi {image} {image}
4H TL is now broken. Gonna go long if price returns to the 131.35/45 level and does not break under it
  • #19,970
  • Aug 18, 2016 8:31am Aug 18, 2016 8:31am
trend still down so soon back 129
email me : pipspro88@gmail
  • #19,971
  • Aug 18, 2016 8:45am Aug 18, 2016 8:45am
Quoting zefx
trend still down so soon back 129
a bit too early too say
but if it breaks 131 . 40 i might reshort again
  • #19,972
  • Aug 18, 2016 9:21am Aug 18, 2016 9:21am
Quoting Almo2312
I looking for the 134 area I think it will go there today or tomorrow H4 chart says all what I need{image} Cheers Al.
Agree. good luck bro.
  • #19,973
  • Aug 18, 2016 10:06am Aug 18, 2016 10:06am
Though waiting for GBP/JPY retracement (will wait till the end of this week) but I got a clear confirmation for GBP/NZD. Retracement also confirmed. I bought on that pair @180.62 and looking for 200 pips TP for first target, if it can stable above 100 sma then I will chase for 320 Pips almost.
Nobody Knows the Next move!!
  • #19,974
  • Aug 18, 2016 10:53am Aug 18, 2016 10:53am
Quoting zefx
trend still down so soon back 129
At what point for you does the trend no longer look down? Look at the price action the last few days, we have seen a nice push upwards, but the highs are getting lower at the close of US market. I don't think We break yesterdays high with the time we have left today.
@GJscalper I've turned a new leaf. No more trolling.
  • #19,975
  • Aug 18, 2016 12:25pm Aug 18, 2016 12:25pm
Man the thread is really silent. Where are all the shorters and buyers?
@GJscalper I've turned a new leaf. No more trolling.
  • #19,976
  • Aug 18, 2016 12:28pm Aug 18, 2016 12:28pm
Quoting GJscalper
{quote} At what point for you does the trend no longer look down? Look at the price action the last few days, we have seen a nice push upwards, but the highs are getting lower at the close of US market. I don't think We break yesterdays high with the time we have left today.

I dont understand,we already get higher then yesterday
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  • #19,977
  • Aug 18, 2016 12:35pm Aug 18, 2016 12:35pm
Quoting andy_wpo
{quote} I dont understand,we already get higher then yesterday {image}
GJS doesn't have a clue what he is doing, nor what he is talking about.
  • #19,978
  • Aug 18, 2016 12:38pm Aug 18, 2016 12:38pm
Quoting simnz
{quote} Please note whenever EURGBP gains maximal values, GBPJPY deflates it. That is what happened today. There is very much possibility after the European Monetary Policy meeting for GBPJPY to keep deflating the EURGBP but in a gentle and sustained manner. In next 50 minutes we will know.

yeah right .. you are very observant
it helps GBPUSD slowly toward the 1.32900 area ..
we'll see how the daily candle in GBPJPY closed today.
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  • #19,979
  • Aug 18, 2016 12:46pm Aug 18, 2016 12:46pm
GJ has target 127.3x on downside...

129.3x and 129.2x for longs...

131.11/130.98 may give long opp earlier.... (130.2x/130.12)
  • #19,980
  • Aug 18, 2016 12:53pm Aug 18, 2016 12:53pm
took some scalp shorts
i've reshorted now @ 131.23
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