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Dragon Riders GBP/JPY

  • #21,301
  • Sep 8, 2016 12:45am Sep 8, 2016 12:45am
Seems like the price is consolidating between 135.40 and 136.00.
  • #21,302
  • Sep 8, 2016 12:47am Sep 8, 2016 12:47am
Quoting JJSerrault
{quote} If 135 is broken then it might go back down to 129.00 area. Another break of that level means the dragon is looking for a deeper valley to land. Seems like the price is consolidating between 135.40 and 136.00.
If i'm correct gj is between fib 23.6 and 38.2. break of any would possibly mean the next level. uj looks similar.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 34 KB
Click to Enlarge Name: USDJPYDaily.png Size: 41 KB
  • #21,303
  • Sep 8, 2016 1:21am Sep 8, 2016 1:21am
Quoting NovaFX
{image}
nice chart observation, GJ seems to be at crossroad. pals get ur diving suits ready,gravity is taking over GJ,its done wit its mission on the moon.
  • #21,304
  • Sep 8, 2016 1:26am Sep 8, 2016 1:26am
Welcome round here!!

the price action followthrough will get better to where even I can easily keep from blowing another account....!!

Quoting Cyrillus
{quote} Hi there. Sorry i'm new in trading, by good followthrough, what does it mean? I'm still learning how to get in this pair, hope i can learn from you guys here, thanks
  • #21,305
  • Sep 8, 2016 1:39am Sep 8, 2016 1:39am
It looks short for today .
Target probably bellow 135
  • #21,306
  • Sep 8, 2016 2:02am Sep 8, 2016 2:02am
I have a horrible feeling you are right I'm Long on this since yesterday and probably about to take a Bath
Lets go grab some PIPS
  • #21,307
  • Sep 8, 2016 2:07am Sep 8, 2016 2:07am
i don't know now how to interpret these news and the strength between pairs..
last week i'm doing fine and this week completely unpredictable for me, wonder what have gone wrong or what did i'm missing..
looks like still a lot of lesson to learn
  • #21,308
  • Sep 8, 2016 2:13am Sep 8, 2016 2:13am
Quoting dallytrader
I have a horrible feeling you are right I'm Long on this since yesterday and probably about to take a Bath
It depends where You have taken the long from .
I'd like to short 135.90ish ...if it gets there .
Holding short GBP/AUD , which already covered it's avg daily range .......
  • #21,309
  • Sep 8, 2016 2:15am Sep 8, 2016 2:15am
Quoting Gbp/jpy
as usual....till Sept. 15 for good follwthrough....oct 15 we're back....it's still holiday in Europe
Back to scalping brother my only swing trade for the month was a failure no follow through , Infact going pump up the leverage bit to reduce trades and time spent looking at computer as there is more to life then staring at a computer.
  • #21,310
  • Sep 8, 2016 2:51am Sep 8, 2016 2:51am
Quoting yanitsa
{quote} It depends where You have taken the long from . I'd like to short 135.90ish ...if it gets there . Holding short GBP/AUD , which already covered it's avg daily range .......
Took the long at 3.6 missed my TP by .002
and missed my SL the first time by .018
70 pip stop
Lets go grab some PIPS
  • #21,311
  • Sep 8, 2016 2:58am Sep 8, 2016 2:58am
GJ , levels i watch for breaking (bias for short)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 60 KB


Cheers and GL

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,312
  • Sep 8, 2016 6:08am Sep 8, 2016 6:08am
The price is testing the support line at 135,631 and will move up to the point of 136,192. or continue to test support at 135,701.
Attached Image (click to enlarge)
Click to Enlarge Name: Б231png.png Size: 23 KB
  • #21,313
  • Sep 8, 2016 7:17am Sep 8, 2016 7:17am
The dragon is sleeping.
  • #21,314
  • Sep 8, 2016 8:13am Sep 8, 2016 8:13am
Quoting JJSerrault
The dragon is sleeping.
ha ha..
who will awake him? and when?
  • #21,315
  • Sep 8, 2016 8:33am Sep 8, 2016 8:33am
Quoting ANThu
{quote} ha ha.. who will awake him? and when?
it's easy - just put heavy lot order - dragon will definitely fly opposite side
  • #21,316
  • Sep 8, 2016 8:54am Sep 8, 2016 8:54am
looks like the move down is not over yet.... next stop, 135.04 or 134.30?
  • #21,317
  • Sep 8, 2016 8:59am Sep 8, 2016 8:59am
Quoting RiderKBP
{quote} it's easy - just put heavy lot order - dragon will definitely fly opposite side
yeah..now someone is doing it..
  • #21,318
  • Sep 8, 2016 9:06am Sep 8, 2016 9:06am
Quoting onno72
looks like the move down is not over yet.... next stop, 135.04 or 134.30?
in my opinion testing 135, shall breaks - may probabaly go down 134-133.9
  • #21,319
  • Sep 8, 2016 9:10am Sep 8, 2016 9:10am
The price has reached daily support at 135.00. Next supports will be at 133.30 and 128.80. Probably gonna consolidate around 135.00 for the rest of this week.
  • #21,320
  • Sep 8, 2016 9:16am Sep 8, 2016 9:16am
Quoting JJSerrault
The price has reached daily support at 135.00. Next supports will be at 133.30 and 128.80. Probably gonna consolidate around 135.00 for the rest of this week.
there you go mate

Cheers

Al.
Attached File(s)
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Attached File(s)
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
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