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Dragon Riders GBP/JPY

  • #21,341
  • Sep 8, 2016 6:54pm Sep 8, 2016 6:54pm
Quoting Cyrillus
{quote} the dragon killed me yesterday, there was no news or whatsoever i think that will impact on our dragon, and boom!
Been the toughest month I ever had. Only been at it a year though. Hang tough buddy
  • #21,342
  • Sep 8, 2016 7:55pm Sep 8, 2016 7:55pm
looks bit like a correction
Attached Image (click to enlarge)
Click to Enlarge Name: JPY (DFB).png Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #21,343
  • Sep 8, 2016 8:14pm Sep 8, 2016 8:14pm
Hi,

In addition to the technical analysis, couldn't understand the pair with current fundamentals. Both currencies are not very strong now with QE.
Hope the upcoming Sep 15 interest rate decision would provide some clues on ecomony and trigger swing large moves. In my view, post Brexit that followed significant market moves have created confusion on mid-long term entry/exits.
  • #21,344
  • Sep 8, 2016 8:54pm Sep 8, 2016 8:54pm
Need ideas/thoughts on how to trade when the price of this pair stays close to Fib 23.6 (136.233)? Should it be a short or long in such cases?
  • #21,345
  • Sep 8, 2016 11:09pm Sep 8, 2016 11:09pm
Quoting JJSerrault
{quote} Solid analysis you have there.
Thank you. Mind to share your strategy and analysis ?
  • #21,346
  • Sep 8, 2016 11:13pm Sep 8, 2016 11:13pm
Quoting SadiaQureshi
{quote} I entered Short @ 136.03 , what you say Should i close it,and enter long or wait ??
GF and UJ is on upside bias. Look at D1 chart. Should there be profit a little, you should exit. 135 is just a retracement support.
  • #21,347
  • Sep 8, 2016 11:21pm Sep 8, 2016 11:21pm
GJ scalping shift .. 2 scenarios ..
Attached Image (click to enlarge)
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Cheers&GL

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,348
  • Sep 9, 2016 12:27am Sep 9, 2016 12:27am
Any thoughts on what we should be expecting re the Consumer Inflation Expectations results coming out in about an hour?
  • #21,349
  • Sep 9, 2016 12:37am Sep 9, 2016 12:37am
Hail to all Dragon Riders a cadet here, learning how to ride this dragon my last trade was in profit by 106 pips, only because of misplacing the tp at 134.992(which i dragged up manually) it missed & finally hit -30pips :-/ goldgirl was very right about the 135 as a retracement zone, however lesson learnt in a demo trade.....will keep closely monitoring the analysis by the experts here........pls keep sharing so the cadets here can learn

Cheers have a nice weekend.............
How big can you think!
  • #21,350
  • Sep 9, 2016 12:53am Sep 9, 2016 12:53am
Quoting SadiaQureshi
{quote} I entered Short @ 136.03 , what you say Should i close it,and enter long or wait ??
I am sorry Sadia but i just saw your message today. I can only give you one advice at the moment. Stay away from yen pairs especially dragon. Goodluck.
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
  • #21,351
  • Sep 9, 2016 2:49am Sep 9, 2016 2:49am
Price has flown under the support and move a point 135,469.Or raised to 136,366 points and will fly back to the channel.
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  • #21,352
  • Sep 9, 2016 3:27am Sep 9, 2016 3:27am
maybe now a break ,if daily breaks I believe it rather than weekly normally id say don't trade against W1 only previous up was pretty and monthly candles
Attached Image (click to enlarge)
Click to Enlarge Name: JPY (DFB).png Size: 22 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #21,353
  • Sep 9, 2016 3:40am Sep 9, 2016 3:40am
My new favorite instruent ...
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  • #21,354
  • Sep 9, 2016 4:18am Sep 9, 2016 4:18am
got u dragon
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How big can you think!
  • #21,355
  • Sep 9, 2016 4:27am Sep 9, 2016 4:27am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 16 KB
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,356
  • Sep 9, 2016 4:29am Sep 9, 2016 4:29am
Quoting Aar
got u dragon {image}
it may be 138.2 soon. what your target is?
  • #21,357
  • Sep 9, 2016 4:40am Sep 9, 2016 4:40am
2 large candles ,up against res ,to be bear you'd have to see it to believe it
Attached Image (click to enlarge)
Click to Enlarge Name: JPY (DFB).png Size: 21 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #21,358
  • Sep 9, 2016 4:44am Sep 9, 2016 4:44am
Quoting Bones
2 large candles ,up against res ,to be bear you'd have to see it to believe it {image}
yehh..close to break the weekly PIV! THEN i guess will follow the next R level
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,359
  • Sep 9, 2016 5:16am Sep 9, 2016 5:16am
for more info you have to go to

www.bonesisthebestdoneitlive.com
Attached Image (click to enlarge)
Click to Enlarge Name: JPY (DFB).png Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #21,360
  • Sep 9, 2016 5:18am Sep 9, 2016 5:18am
137.40, 138.70, 143.10, 145.40, and finally 151.60 if all HI news data are better than expected. 151.60 might take 2 or 3 weekly candlesticks to reach, though.
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