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Dragon Riders GBP/JPY

  • #21,741
  • Sep 22, 2016 11:03am Sep 22, 2016 11:03am
on 15min it might go up to 132.7 area from 131.8 then it will correct the cycle from the lows as it will break trend line on the hourly it will be the confirmation of going up I ll do a chart to explain
  • #21,742
  • Sep 22, 2016 11:36am Sep 22, 2016 11:36am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 29 KB

it will break the first trend line to meet another a correction there from 132.7 area back to first trend line is a good entry
  • #21,743
  • Sep 22, 2016 11:41am Sep 22, 2016 11:41am
and its a buy not a sell I m only thinking of buying no more selling for a good while
  • #21,744
  • Sep 22, 2016 3:29pm Sep 22, 2016 3:29pm
could b looks like this ,bullish d1 ,only the prior wick bothers me,depends on open
Attached Image(s) (click to enlarge)
Click to Enlarge Name: JPY d1 (DFB).png Size: 18 KB
Click to Enlarge Name: JPY w1 (DFB).png Size: 21 KB
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  • #21,745
  • Sep 22, 2016 6:59pm Sep 22, 2016 6:59pm
hey, thanks for that chart....you too, Bones

Quoting nawafasad1
and its a buy not a sell I m only thinking of buying no more selling for a good while
  • #21,746
  • Sep 22, 2016 7:05pm Sep 22, 2016 7:05pm
The technicals on GBPJPY are disposed for a southward mode, unless strong fundamentals push to the contrary. Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #21,747
  • Sep 22, 2016 7:30pm Sep 22, 2016 7:30pm
so right now I'm way over leveraged long....
  • #21,748
  • Sep 23, 2016 1:31am Sep 23, 2016 1:31am
Quoting Gbp/jpy
so right now I'm way over leveraged long....
i think if price will close below the 131.40 ish it will down more for the 130.77 ish or so

Cheers&GL

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,749
  • Sep 23, 2016 3:35am Sep 23, 2016 3:35am
Quoting Almo2312
{quote} i think if price will close below the 131.40 ish it will down more for the 130.77 ish or so Cheers&GL Al.
Also looking in that area, 130.80 / 131.00 to start building a long position
Just my 2 cents worth
  • #21,750
  • Sep 23, 2016 3:40am Sep 23, 2016 3:40am
H4 is a clear downtrend now and H1 is beginning to slip down as well. Entered short at 131.5; TP1 130.6 and TP2 129.95.
  • #21,751
  • Sep 23, 2016 3:47am Sep 23, 2016 3:47am
Multi yr chart re-posted with slight variations. I repeat the mantra that this chart may be displaying a setup that offers one of the most significant trading opportunities since the fall out of 570 entered a corrective phase in Sep 1992.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYMonthly.png Size: 47 KB
  • #21,752
  • Sep 23, 2016 3:50am Sep 23, 2016 3:50am
What does this imply?
  • #21,753
  • Sep 23, 2016 4:27am Sep 23, 2016 4:27am
Quoting Maka
What does this imply?
It implies that this is a bloody huge and significant place. It also implies that you have to work out the rest for yourself. And, preferably, don't just go with the groupthink on forums such as this.
  • #21,754
  • Sep 23, 2016 4:30am Sep 23, 2016 4:30am
Quoting Mpt
Multi yr chart re-posted with slight variations. I repeat the mantra that this chart may be displaying a setup that offers one of the most significant trading opportunities since the fall out of 570 entered a corrective phase in Sep 1992. {image}
So we could see 250 level after all or maybe brake down to absolute new low...
  • #21,755
  • Sep 23, 2016 5:45am Sep 23, 2016 5:45am
Quoting Mpt
{quote} It implies that this is a bloody huge and significant place. It also implies that you have to work out the rest for yourself. And, preferably, don't just go with the groupthink on forums such as this.
Good advice and good research.
Can you please present both up and down scenarios and suggest what levels could be reached by the time Fed decides to up the ante.
Practice makes a person perfect
  • #21,756
  • Sep 23, 2016 5:53am Sep 23, 2016 5:53am
Quoting Maka
H4 is a clear downtrend now and H1 is beginning to slip down as well. Entered short at 131.5; TP1 130.6 and TP2 129.95.
TP1 achieved.
  • #21,757
  • Sep 23, 2016 5:55am Sep 23, 2016 5:55am
New update for now:
TP at 130.47
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY1.png Size: 112 KB
Looking for partners
  • #21,758
  • Sep 23, 2016 6:17am Sep 23, 2016 6:17am
Price near support zone of the triangle (daily), change for longs is near.

Good weekend

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"You may say I am a dreamer .... but I am not the only one."
  • #21,759
  • Sep 23, 2016 6:22am Sep 23, 2016 6:22am
Quoting guesser
Price near support zone of the triangle (daily), change for longs is near. Good weekend https://youtu.be/-0kcet4aPpQ
.
Attached Image (click to enlarge)
Click to Enlarge Name: gj.PNG Size: 12 KB
"You may say I am a dreamer .... but I am not the only one."
  • #21,760
  • Sep 23, 2016 7:32am Sep 23, 2016 7:32am
probable double bottom on h4. will know by next week. mean time letting my long position run..
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