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Dragon Riders GBP/JPY

  • #20,781
  • Aug 30, 2016 8:57am Aug 30, 2016 8:57am
Quoting FXClarity
{quote} Good target point and given you've got the 'magnetic' 135.00 handle above and a Fib extension level at your target area, you are looking good.

Here is my connection. However, should this drop to 134.431 before moving up to 134.831 I will send the big orders out to push me to the profit of the sell side. Until then, I am long
Attached Image
@GJscalper I've turned a new leaf. No more trolling.
  • #20,782
  • Aug 30, 2016 9:00am Aug 30, 2016 9:00am
News out guys!!!!!

Come on GJ quick push to 134.831
@GJscalper I've turned a new leaf. No more trolling.
  • #20,783
  • Aug 30, 2016 9:02am Aug 30, 2016 9:02am
Here we gooooo Almost there! 134.831 should be enough to pop rocket00's account. lol
@GJscalper I've turned a new leaf. No more trolling.
  • #20,784
  • Aug 30, 2016 9:04am Aug 30, 2016 9:04am
Fair play - I'm more of a mid - long term timeframer myself but if you can execute off the 1min - good for you.

Looks like by the time I submit this reply your target will be met..those last few pips. eh..
  • #20,785
  • Aug 30, 2016 9:04am Aug 30, 2016 9:04am
No wonder the bears say GJ is going down!
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@GJscalper I've turned a new leaf. No more trolling.
  • #20,786
  • Aug 30, 2016 9:05am Aug 30, 2016 9:05am
Quoting FXClarity
Fair play - I'm more of a mid - long term timeframer myself but if you can execute off the 1min - good for you. Looks like by the time I submit this reply your target will be met..those last few pips. eh..
I happy trailed it. I will be reloading as it drops down to "entry 1"
@GJscalper I've turned a new leaf. No more trolling.
  • #20,787
  • Aug 30, 2016 9:06am Aug 30, 2016 9:06am
102.835 is a medium strong resistance for USD JPY. If that breaks through easily, then JPY pairs will go further up.
  • #20,788
  • Aug 30, 2016 9:07am Aug 30, 2016 9:07am
I entered long @ 134.089, SL 133.300, tentative TP. + 200 pips.

I get caugth by sleep taking a nap. I should entered 30 pips earlier.


.
  • #20,789
  • Aug 30, 2016 9:08am Aug 30, 2016 9:08am
I'm trading it from the short side (mean reversion strategy) but for now the momentum is north...Funny ole business isn't it
  • #20,790
  • Aug 30, 2016 9:11am Aug 30, 2016 9:11am
Quoting GJscalper
{quote} Yes usually there is a GOLD rush towards the late part of the year, but look at what gold did at the end of 2014 So don't bet the farm that GOLD will rally because many people lost beating that way.
Yeap...now it' the USD that's driving gold mad :-)
I think it will continue till the USD stabilizes. But look for candles for the light :-)
  • #20,791
  • Aug 30, 2016 9:28am Aug 30, 2016 9:28am
It looks like the Bulls are losing steam here. Should GJ drop 1 daily pivot level before touching the daily s3 (135.03) then GJ bears will be in a massive take over once again.
@GJscalper I've turned a new leaf. No more trolling.
  • #20,792
  • Aug 30, 2016 9:41am Aug 30, 2016 9:41am
Quoting PipMaxzz
{quote} Not sure if this input helps....It's festive season in India and traditionally there is 'gold rush' during this time....India is the biggest consumer market for gold.
India suffer from flood and kill all the crops. They would rather use recycle gold than to buy new gold. I had bad experience last year due to an assumption of surge in gold price cause by India buyers
  • #20,793
  • Aug 30, 2016 9:43am Aug 30, 2016 9:43am
Quoting MXT
{quote} agree
Exited my trade and going to have a good rest tonight. Let see how Asian market perform tomorrow.
  • #20,794
  • Aug 30, 2016 9:44am Aug 30, 2016 9:44am
Quoting goldgirl
Plan to exit my GJ long at 134.70 and UJ at 102.8
GJ is testing ema 800 rite now. Is usually a strong barrier. If pierced, I expect a further run longer.
  • #20,795
  • Aug 30, 2016 9:47am Aug 30, 2016 9:47am
Quoting bigboss
{quote} GJ is testing ema 800 rite now. Is usually a strong barrier. If pierced, I expect a further run longer.
I expect a further run long to 137. Perhaps it will be on my tomorrow's target. 135 is a strong resistance.
  • #20,796
  • Aug 30, 2016 9:54am Aug 30, 2016 9:54am
Quoting goldgirl
{quote} Exited my trade and going to have a good rest tonight. Let see how Asian market perform tomorrow.
I was too busy watching bags turn $50 to $25,000 . Missed the rally up so do the same and hope this comes back down to near 134 for push 135 tomorrow , I won't chase it tonight - sleep well gold girl
  • #20,797
  • Aug 30, 2016 9:58am Aug 30, 2016 9:58am
Quoting Pip-Miner
{quote} I was too busy watching bags turn $50 to $25,000 . Missed the rally up so do the same and hope this comes back down to near 134 for push 135 tomorrow , I won't chase it tonight - sleep well gold girl
I agree with the author. I ever made an account starting from $30 - $9000 within 3 days on major news. $22,000 in 7 days trade is quite possible if the market is trending and no major disturbance from news.
  • #20,798
  • Aug 30, 2016 9:58am Aug 30, 2016 9:58am
Quoting goldgirl
{quote} I agree with the author. I ever made an account starting from $30 - $9000 within 3 days on major news. $22,000 in 7 days trade is quite possible if the market is trending and no major disturbance from news.
You only need 900 pips to achieve the target
  • #20,799
  • Aug 30, 2016 9:59am Aug 30, 2016 9:59am
Quoting Pip-Miner
{quote} I was too busy watching bags turn $50 to $25,000 . Missed the rally up so do the same and hope this comes back down to near 134 for push 135 tomorrow , I won't chase it tonight - sleep well gold girl
Have a good rest bro...!!
  • #20,800
  • Aug 30, 2016 10:01am Aug 30, 2016 10:01am
Quoting goldgirl
{quote} I agree with the author. I ever made an account starting from $30 - $9000 within 3 days on major news. $22,000 in 7 days trade is quite possible if the market is trending and no major disturbance from news.
Yes bags is a character, he didn't have to trade through news and he even had an appointment . He will have another crack. We should try on this pair when trending well.
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