Fresh buy @ 133.80 with SL 133.40
Dragon Riders GBP/JPY
- #20,642
- Aug 29, 2016 6:48am Aug 29, 2016 6:48am
- | Membership Revoked | Joined May 2016 | 1,339 Posts
@GJscalper I've turned a new leaf. No more trolling.
- #20,644
- Aug 29, 2016 6:52am Aug 29, 2016 6:52am
{quote} Well at this point, the price is 133.75 so as long as the bid doesn't close at or above 133.783 then my call is still valid. If I stop out here it will cost me 3% of my account AND I will reverse to a buy risking 10% So let us wait and see how this candle closes.
Hey..., only trying to be helpful. I took a buy and just thought I'd share my thoughts. Respect
- #20,645
- Aug 29, 2016 6:56am Aug 29, 2016 6:56am
- | Membership Revoked | Joined May 2016 | 1,339 Posts
{quote} Hey..., only trying to be helpful. I took a buy and just thought I'd share my thoughts. Respect
That is the beauty of price action, she does her own thing and you better be ready to switch orders when your sl is hit!
@GJscalper I've turned a new leaf. No more trolling.
- #20,647
- Aug 29, 2016 7:11am Aug 29, 2016 7:11am
{quote}/...... That is the beauty of price action, she does her own thing and you better be ready to switch orders when your sl is hit!
- #20,651
- Aug 29, 2016 8:32am Aug 29, 2016 8:32am
- | Membership Revoked | Joined May 2016 | 1,339 Posts
{quote} Its early...... I'm not even claiming I was right lol We are all trying to help each other
I am now short risking 10% of my account to earn 10%
133.241 is tp
133.882 IS SL
@GJscalper I've turned a new leaf. No more trolling.
- #20,654
- Aug 29, 2016 9:26am Aug 29, 2016 9:26am
- | Membership Revoked | Joined May 2016 | 1,339 Posts
{quote} Don't like the look of my position. Closed Long trade - 5 pips
Well if GJ drops to my TP, I will profit share with you. I am strapped to the downside!
Risking 3k to earn 3k.
A little less than 10% of my account!
@GJscalper I've turned a new leaf. No more trolling.
- #20,656
- Aug 29, 2016 9:42am Aug 29, 2016 9:42am
- | Membership Revoked | Joined May 2016 | 1,339 Posts
Careful.. Buyers coming in at these levels, including myself . Struggle to even get past 133.3
However, I would agree that the formation is setting up nicely for the scalpers who are willing to buy... Look how flat it has gone!
From my experience on the lower tf, When you see that formation. The buy is the best position to have open, but the sell would drop very very very quickly taking out the higher lows with one long wick of a candle. So I would rather sit short and hope it drops a nice 15 pips, tp, and reload to the sell side on a move up.
@GJscalper I've turned a new leaf. No more trolling.
- #20,658
- Aug 29, 2016 9:50am Aug 29, 2016 9:50am
- | Membership Revoked | Joined May 2016 | 1,339 Posts
If the low of that candle which has the arrowing pointing upward is closed under on the 5m, it will be a nice sexxxy drop for me and this account!
@GJscalper I've turned a new leaf. No more trolling.
- #20,659
- Aug 29, 2016 9:53am Aug 29, 2016 9:53am
- | Membership Revoked | Joined May 2016 | 1,339 Posts
@GJscalper I've turned a new leaf. No more trolling.