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Dragon Riders GBP/JPY

  • #21,041
  • Sep 2, 2016 6:16am Sep 2, 2016 6:16am
Quoting openyoureyes
{quote} pending vs. was already fixed. was done in CME 3 years ago. and in futures contracts. no longer a threat for the market...
its not a threat, its a matter of fact, that unless someone comes along who can take him out, it wont go any higher,, certainly on 2600 lots you dont have a 100 pip SL
UNTIL NFP then his 2600 is a drop of water and the amazon is coming.
  • #21,042
  • Sep 2, 2016 6:26am Sep 2, 2016 6:26am
Quoting rmrf
{quote} its not a threat, its a matter of fact, that unless someone comes along who can take him out, it wont go any higher,, certainly on 2600 lots you dont have a 100 pip SL UNTIL NFP then his 2600 is a drop of water and the amazon is coming.
retail 2600 lot is very small.
I work as a freelance risk analyst for a very big broker, total lot sizes are much bigger...

also there is broker/bank side + central bank side + options / futures.
  • #21,043
  • Sep 2, 2016 6:27am Sep 2, 2016 6:27am
Quoting rmrf
{quote} its not a threat, its a matter of fact, that unless someone comes along who can take him out, it wont go any higher,, certainly on 2600 lots you dont have a 100 pip SL UNTIL NFP then his 2600 is a drop of water and the amazon is coming.
It's amost like a clean prior to the news interesting strategy he has
  • #21,044
  • Sep 2, 2016 6:28am Sep 2, 2016 6:28am
lots of downward pressure...
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  • #21,045
  • Sep 2, 2016 6:32am Sep 2, 2016 6:32am
Quoting Pip-Miner
{quote} It's amost like a clean prior to the news interesting strategy he has
and guess what pipminer, he isnt the only one doing it, just the only one dumb enough to show the rest of us.
think about it, he is one, he prolly has 10 clones, no matter, like I said, its not going any higher until NFP, and like you said its clean up.
  • #21,046
  • Sep 2, 2016 6:34am Sep 2, 2016 6:34am
the banks work together, typical swing low to take out the stops then a run higher, GJ is going up either way, one way will be faster and the other will be slower
I am all in to 143. doesnt matter if it takes a week to get there or 2 or 3.
  • #21,047
  • Sep 2, 2016 6:36am Sep 2, 2016 6:36am
Quoting openyoureyes
{quote} retail 2600 lot is very small. I work as a freelance risk analyst for a very big broker, total lot sizes are much bigger... also there is broker/bank side + central bank side + options / futures.
I work as a market maker for the Lord, he owns all the lots.
  • #21,048
  • Sep 2, 2016 6:44am Sep 2, 2016 6:44am
Quoting rmrf
{quote} I work as a market maker for the Lord, he owns all the lots.
We retail traders can learn lots of you bro. Can you please tell us the tricks to take the retail traders out. Ie do brokers target sl , the clean , other strategies to get retail traders
  • #21,049
  • Sep 2, 2016 6:47am Sep 2, 2016 6:47am
The question was for openyoureyes
  • #21,050
  • Sep 2, 2016 7:21am Sep 2, 2016 7:21am
looks like going up ...
  • #21,051
  • Sep 2, 2016 7:37am Sep 2, 2016 7:37am
so pls what's the situation for GJ now since NFP is out
  • #21,052
  • Sep 2, 2016 7:43am Sep 2, 2016 7:43am
Expected to be a worst month based on historical data for this month. But the results are not so bad. US recovery is on track, averaging out the quarter.

Will BOJ and Fed together set the direction now, as Yellen commented on co-ordinated effort? Looks like it...but need a while to confirm. Look for candles for the light
  • #21,053
  • Sep 2, 2016 8:15am Sep 2, 2016 8:15am
Quoting rmrf
http://www.forexfactory.com/trades.p...ions-details=7 who is the clown with 2000 shorts holding the price down? LOL then at NFP he is going to flip? or kill his 5 mil acct?
guess who was still shorting and no longer has positions .. He even added more shorts after the bad us news .. Our friend gjgangster got it right added another long position at bottom .
  • #21,054
  • Sep 2, 2016 8:25am Sep 2, 2016 8:25am
Quoting Pip-Miner
{quote} guess who was still shorting and no longer has positions .. He even added more shorts after the bad us news .. Our friend gjgangster got it right added another long position at bottom .
I even add long after 138.
  • #21,055
  • Sep 2, 2016 8:27am Sep 2, 2016 8:27am
it got up to 3600 lots short last time I looked. now, nothing. ....
Don't look down when learning to fly.
  • #21,056
  • Sep 2, 2016 8:27am Sep 2, 2016 8:27am
After the bad us news where is the gbpjpy going to hit resistance? 138.50?
  • #21,057
  • Sep 2, 2016 8:40am Sep 2, 2016 8:40am
Quoting Pip-Miner
{quote} We retail traders can learn lots of you bro. Can you please tell us the tricks to take the retail traders out. Ie do brokers target sl , the clean , other strategies to get retail traders
No response will asume all true - thanks for confirming sir -
  • #21,058
  • Sep 2, 2016 8:44am Sep 2, 2016 8:44am
i think if it will close above the monthly R1 @ 138.30 ish it will go up to the next R level but lets c

Cheers

Al.
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,059
  • Sep 2, 2016 8:46am Sep 2, 2016 8:46am
Quoting Pip-Miner
{quote} No response will asume all true - thanks for confirming sir -
For sure what else do u want? To trade for u, if I'm not wrong they even sign a non disclosure agreement
I need the magic ball
  • #21,060
  • Sep 2, 2016 8:53am Sep 2, 2016 8:53am
closed my longs
on the sidelines now
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