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Dragon Riders GBP/JPY

  • #20,981
  • Sep 1, 2016 6:03pm Sep 1, 2016 6:03pm
NFP hail....the numbers are corrected three weeks later and published, so the posted announced numbers tomorrow allow some individual to toy with things ....a little the revised numbers....yezz
  • #20,982
  • Sep 1, 2016 6:12pm Sep 1, 2016 6:12pm
Quoting Gbp/jpy
hey there old buddy, my trends model from Robert Balan shows timing on the up and down.... {quote}
Good diagram bro I liked this one you provided.
Attached Image
  • #20,983
  • Sep 1, 2016 7:21pm Sep 1, 2016 7:21pm
dang, you're sharp as a tack.....I forgot what that graphic said exactly....or what it looked like....
  • #20,984
  • Sep 1, 2016 7:30pm Sep 1, 2016 7:30pm
Quoting Pip-Miner
{quote} Good diagram bro I liked this one you provided. {image}
the more i analyse more convinced getting this will go to 143
  • #20,985
  • Sep 1, 2016 7:46pm Sep 1, 2016 7:46pm
Quoting Pip-Miner
{quote} the more i analyse more convinced getting this will go to 143
the fib algorithm today is spitting out these intra day levels. Use it as a guide as only 70% accurate
Attached Image
  • #20,986
  • Sep 1, 2016 9:48pm Sep 1, 2016 9:48pm
Quoting artooks
Thank you very much everyone, I really liked this forum, everyone is so friendly and helpful, now I need to recover losses in time, so can you I am trying to create a system using bollinger bands, RSI and Stocastic do you think these three indicators will be enough also will use support resistances , can you please tell me if these will be enough ? and how to combine and decide how to enter and exit, I would be happy just to hear a few comments, thanks in advance.
Hey mate

Noticed no one replied to your post so let me try and offer a few comments. "you need to recover your losses in time" .. Forget it. Your money is gone, you can try and recover "in time" but you will just increase the cost of the same education.

You are trying to create a system with bollinger bands stochastic and RSI and asking if WE think it will work? You answered your own question. Forget it, it wont work.

Mate... You've been trading for 4 years.. It's time to jot down everything you've learned about the market and yourself. You need at least another 4 years.. This should come as no surprise to your subconscious, but to accept this as a conscious motion, depends how rebellious you are.

Personally I don't like to "help" too much and post charts. But study Bones charts, I can vouch for these. They're quite good for basic framework.

Widen your expectations. Money will evade you constantly with your current attitude, mindset and understanding. You don't want to hear this of course but you asked for it. Take the pressure off yourself. Widen your timeline. Money is a fagarzie, we always want more. Whether we are bankrupt or millionaires. It's never enough.

If you want to trade, you have to learn the market. To learn the market you have to love the market, not the fruits on its trees. And don't be fooled by the hype on here. Very few make money in reality.

Choice is yours.. Good luck

Inserted Video
Time hides Nothing
  • #20,987
  • Sep 1, 2016 9:54pm Sep 1, 2016 9:54pm
Quoting CindyXXXX
{quote} Hey mate Noticed no one replied to your post so let me try and offer a few comments. "you need to recover your losses in time" .. Forget it. Your money is gone, you can try and recover "in time" but you will just increase the cost of the same education. You are trying to create a system with bollinger bands stochastic and RSI and asking if WE think it will work? You answered your own question. Forget it, it wont work. Mate... You've been trading for 4 years.. It's time to jot down everything you've learned about the market and yourself....
don't be so negative - that's why you probably don't make any money. Some of us here make shit loads. We do not like any negativity as it means your psychology is not correct and you will never succeed.
  • #20,988
  • Sep 1, 2016 10:00pm Sep 1, 2016 10:00pm
Quoting Pip-Miner
{quote} don't be so negative - that's why you probably don't make any money. Some of us here make shit loads. We do not like any negativity as it means your psychology is not correct and you will never succeed.
Interpretation is key. We all know you
Time hides Nothing
  • #20,989
  • Sep 1, 2016 11:13pm Sep 1, 2016 11:13pm
hey there cindy....man, that was beautiful.....
  • #20,990
  • Sep 1, 2016 11:17pm Sep 1, 2016 11:17pm
yup, I bought that algorythem....how did it know the stop didn't need to be .01 instead .06? idk .... I always go .001 137.001
  • #20,991
  • Sep 1, 2016 11:33pm Sep 1, 2016 11:33pm
Quoting Gbp/jpy
yup, I bought that algorythem....how did it know the stop didn't need to be .01 instead .06? idk .... I always go .001 137.001
no idea i only use it when this thing is trending , ranging market will rip it to shreds. Even trending market will - all in the skill of the trader.
  • #20,992
  • Sep 1, 2016 11:33pm Sep 1, 2016 11:33pm
Wait for GBP data today and US NFP data.
  • #20,993
  • Sep 2, 2016 12:04am Sep 2, 2016 12:04am
Today, let's play again.

I open 2 lots BUY.
SL is all my profit from the previous position (about 1400 USD). ...today's low...
TP is traditionally 143. That is, it will be 41k PLN (about 11k USD).

NFP is coming.
Attached Image (click to enlarge)
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  • #20,994
  • Sep 2, 2016 12:09am Sep 2, 2016 12:09am
Quoting hellwar
Today, let's play again. I open 2 lots BUY. SL is all my profit from the previous position (about 1400 USD). ...today's low... TP is traditionally 143. That is, it will be 41k PLN (about 11k USD). NFP is coming. {image}
brilliant bro . what you think NFP positive i suspect
  • #20,995
  • Sep 2, 2016 12:24am Sep 2, 2016 12:24am
Quoting Pip-Miner
{quote} brilliant bro . what you think NFP positive i suspect
I think NFP negative under 180k, but i dont understand how nonfarm relates to GJ?
  • #20,996
  • Sep 2, 2016 12:30am Sep 2, 2016 12:30am
Quoting hellwar
Today, let's play again. I open 2 lots BUY. SL is all my profit from the previous position (about 1400 USD). ...today's low... TP is traditionally 143. That is, it will be 41k PLN (about 11k USD). NFP is coming. {image}
I see GJ just can go up to 138.xx
Attached Image (click to enlarge)
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  • #20,997
  • Sep 2, 2016 12:41am Sep 2, 2016 12:41am
Quoting alexpi
{quote} Hey Hickson, glad to see you around (guessing only briefly?) . Hope you've been well
Thanks, doing well, hope you too! Yes, just a brief visit, forums are not really of much use to me these days ...
Fix up, trade sharp ...
  • #20,998
  • Sep 2, 2016 12:46am Sep 2, 2016 12:46am
Quoting Hickson
{quote} Thanks, doing well, hope you too! Yes, just a brief visit, forums are not really of much use to me these days ...
if not go away - we do not like negative people like you
  • #20,999
  • Sep 2, 2016 12:49am Sep 2, 2016 12:49am
Quoting Pip-Miner
{quote} the more i analyse more convinced getting this will go to 143
HUH 143 HEH! thats what I was thinking, I had that set as my TPT overnight, in case I didnt get up for UK construction PMI, which could be a barn burner before NFP.
dropped a few pips on the run up as my longs were hedged, and my risk manager bot closed some shorts for a little loss, closed 10 longs starting at 137.50 as it slid down. Adding longs back of course and carefully a few short scalps up, and into the UK construction news in 42 minutes or so.
  • #21,000
  • Sep 2, 2016 1:01am Sep 2, 2016 1:01am
Quoting Pip-Miner
{quote} Good us data tomorrow increase us rate hike speculation . This could move even higher next week. US dollar replace jpy as safe haven currency ( now I'm an economist lol )
not likely, CHF is safe haven HEH with negative interest rates, and upcpoming is the Chinese as of October 1 their currency will be added to the SDR basket, Bias for demand for USD remains negative, money goes where it is best appreciated, and appreciation is shown in interest.

The reason the USD went in the drink almost 10 yeears ago is because as the fed cut rates down from the high of what was it like 8%? as rates are cut, with each cut, more foreign money is pulled from USA and sent where it is BETTER APPRECIATED, demand for USD will increase slightly as rates go up, but at these low rates, big money prefers to sit in CHF, or NZ or AUD, JPY has turned slightly negative interest on some bonds they have been selling.
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