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Dragon Riders GBP/JPY

  • #20,001
  • Aug 19, 2016 5:26am Aug 19, 2016 5:26am
Good morning everyone.
I am risking 3% here to earn 3%
-----------------------
Bought GJ at 131.58ish
TP is 131.844
sl is a close at or below 131.268
--------------------------
If sl condition is met, I will reverse to a sell of 9% risk to earn 9% in which i will tp at 130.996
@GJscalper I've turned a new leaf. No more trolling.
  • #20,002
  • Aug 19, 2016 5:35am Aug 19, 2016 5:35am
I have a long position too, my target is at 132.00.
  • #20,003
  • Aug 19, 2016 5:41am Aug 19, 2016 5:41am
Quoting GJscalper
Good morning everyone. I am risking 3% here to earn 3% ----------------------- Bought GJ at 131.58ish TP is 131.844 sl is a close at or below 131.268 -------------------------- If sl condition is met, I will reverse to a sell of 9% risk to earn 9% in which i will tp at 130.996
Hey there, I am on the same boat like you. Good luck to the bulls now
  • #20,004
  • Aug 19, 2016 5:54am Aug 19, 2016 5:54am
Quoting GJscalper
Good morning everyone. I am risking 3% here to earn 3% ----------------------- Bought GJ at 131.58ish TP is 131.844 sl is a close at or below 131.268 -------------------------- If sl condition is met, I will reverse to a sell of 9% risk to earn 9% in which i will tp at 130.996
You risk more than 3% to earn 3%.
Risk 31.2 pips eran 26.4 pips.
You risk 3.54% to earn 3%.
  • #20,005
  • Aug 19, 2016 6:08am Aug 19, 2016 6:08am
The yen will continue to move to a point 131.67 . After testing the resistance will move down to 130.27 points .
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  • #20,006
  • Aug 19, 2016 6:58am Aug 19, 2016 6:58am
Friday today and a bad week. -103 pips. I will stop trading coz the dragon has been sleepy all week.
  • #20,007
  • Aug 19, 2016 7:12am Aug 19, 2016 7:12am
bias is still short intraday
took some shorts and am again short @ 131.19
could test the low 130s intraday
  • #20,008
  • Aug 19, 2016 7:23am Aug 19, 2016 7:23am
I found the retrace level what I was looking for, Though the very best way is wait for the week end but also I don't want to lose the very best opportunity cause hidden structure also now visible on chart. So, Bought @131.20 and will wait for TP @134.00
Nobody Knows the Next move!!
  • #20,009
  • Aug 19, 2016 7:31am Aug 19, 2016 7:31am
And down we go
  • #20,010
  • Aug 19, 2016 7:37am Aug 19, 2016 7:37am
Quoting andy_wpo
And down we go
Well trading doesn't mean that you can't see any opposite movement. You can see and if you have the bad luck then you have a SL, So no worries. cause my TP @134.00 and SL @ 129.80

And I am pretty confident about my trade. However, my Allah is the final decision maker.
Nobody Knows the Next move!!
  • #20,011
  • Aug 19, 2016 7:47am Aug 19, 2016 7:47am
there will always be contrarian and opposite views in the market, that's what makes a market
you loose some and you win some, the important thing is that you win more than you loose
closed my short and wait on the sidelines
  • #20,012
  • Aug 19, 2016 7:53am Aug 19, 2016 7:53am
Quoting MXT
there will always be contrarian and opposite views in the market, that's what makes a market you loose some and you win some, the important thing is that you win more than you loose closed my short and wait on the sidelines
Right man and nice timing for close your short. I also closed my buy on GBP/NZD 8 hours ago and reshort from that point and closed about an hour ago. In that pair I am also looking for the right retracement.

And guys, see my yesterday's comment about gold in this thread what happening now in the market cause chart will always tell you something.
Nobody Knows the Next move!!
  • #20,013
  • Aug 19, 2016 8:09am Aug 19, 2016 8:09am
Quoting rocket00
{quote} Right man and nice timing for close your short. I also closed my buy on GBP/NZD 8 hours ago and reshort from that point and closed about an hour ago. In that pair I am also looking for the right retracement. And guys, see my yesterday's comment about gold in this thread what happening now in the market cause chart will always tell you something.
you're right about gold
  • #20,014
  • Aug 19, 2016 8:43am Aug 19, 2016 8:43am
dragon riders unite..... any bulls think I'll get my 130.47 buy filled? I'm on the edge of the seat here...
  • #20,015
  • Aug 19, 2016 8:44am Aug 19, 2016 8:44am
oh...there it goes now about that .41 stop.....I'm gonna get tanked, huh!!!
  • #20,016
  • Aug 19, 2016 8:45am Aug 19, 2016 8:45am
ahh....dangitt!!...I can't win
  • #20,017
  • Aug 19, 2016 8:45am Aug 19, 2016 8:45am
Quoting Gbp/jpy
dragon riders unite..... any bulls think I'll get my 130.47 buy filled? I'm on the edge of the seat here...
Still long bias there but let the candle close so that you can decide clearly.
Nobody Knows the Next move!!
  • #20,018
  • Aug 19, 2016 8:55am Aug 19, 2016 8:55am
don't look for longs today guys, not until it shows a lil retracement mode
  • #20,019
  • Aug 19, 2016 8:57am Aug 19, 2016 8:57am
You know that feeling when ur fingers twitch to enter or exit a trade... that's the 95% of your brain that wants you to stay poor. Ignore that 95% lol.

There is no bias in the market, it just moves up and down. More up or down depending on the session and the volume traded.

What do you think would of happened if GBP news did not come out about brexit - would the charts still look right to you and how would they look?
Trade in the now
  • #20,020
  • Aug 19, 2016 8:59am Aug 19, 2016 8:59am
If goes under last higher low 4h chart i supose we will see another retest of 130-129 level
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