Attachments: Dragon Riders GBP/JPY

Dragon Riders GBP/JPY

#21,841
Sep 28, 2016 7:50am Sep 28, 2016 7:50am

guesser
| Joined Jun 2016 | Status: Dragon trader | 594 Posts

135 or a little higher is the target.

"You may say I am a dreamer .... but I am not the only one."

#21,842
Sep 28, 2016 7:58am Sep 28, 2016 7:58am

baherhosni
Joined Jan 2011 | Status: Trader | 1,560 Posts

Quoting Don96

Disliked

i wonder if people will get caught short and forget that the trend isn't infinite

Ignored

I am starting to doubt the target. Momentum is weak and will lead to OB sentiment on RSI without making real pips! What do you think?

I still need a trading break soon!!! "Loose some to win more" --Baher A.

#21,843
Sep 28, 2016 7:59am Sep 28, 2016 7:59am

baherhosni
Joined Jan 2011 | Status: Trader | 1,560 Posts

Quoting baherhosni

Disliked

{quote} I am starting to doubt the target. Momentum is weak and will lead to OB sentiment on RSI without making real pips! What do you think?

Ignored

Good EW analysts say it is still a wave 4 correction!

I still need a trading break soon!!! "Loose some to win more" --Baher A.

#21,844
Sep 28, 2016 8:08am Sep 28, 2016 8:08am

leveraged
| Joined May 2011 | Status: Trader | 161 Posts

Quoting baherhosni

Disliked

{quote} Good EW analysts say it is still a wave 4 correction!

Ignored

You are holding from which price? (long/short)

#21,845
Sep 28, 2016 8:16am Sep 28, 2016 8:16am

Don96
Joined Dec 2015 | Status: Trader | 7,803 Posts

Quoting baherhosni

Disliked

{quote} I am starting to doubt the target. Momentum is weak and will lead to OB sentiment on RSI without making real pips! What do you think?

Ignored

Still 143

#21,846
Sep 28, 2016 8:20am Sep 28, 2016 8:20am

baherhosni
Joined Jan 2011 | Status: Trader | 1,560 Posts

Quoting Don96

Disliked

{quote} Still 143

Ignored

Well, the price just broke out of its longtime TL so it will want to find support and test.. will rejoin there! Took the 100 pip scalp for now

I still need a trading break soon!!! "Loose some to win more" --Baher A.

#21,847
Sep 28, 2016 8:22am Sep 28, 2016 8:22am

baherhosni
Joined Jan 2011 | Status: Trader | 1,560 Posts

Quoting leveraged

Disliked

{quote} You are holding from which price? (long/short)

Ignored

I was long from 130..

I still need a trading break soon!!! "Loose some to win more" --Baher A.

#21,848
Sep 28, 2016 9:12am Sep 28, 2016 9:12am

Bicarus
Joined Nov 2014 | Status: Yoda | 930 Posts

something's happening soon.. expect a massive breakout because of low vol

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#21,849
Sep 28, 2016 9:23am Sep 28, 2016 9:23am

alexpi
| Joined Jan 2015 | Status: On Discipline Road | 933 Posts

Quoting Bicarus

Disliked

something's happening soon.. expect a massive breakout because of low vol {image}

Ignored

Not a good idea to follow a volume indicator on any forex pair.

Volume is a real metric on indices, shares, and other centralized and regulated markets

#21,850
Edited 9:43am Sep 28, 2016 9:33am | Edited 9:43am

Bicarus
Joined Nov 2014 | Status: Yoda | 930 Posts

Quoting alexpi

Disliked

{quote} Not a good idea to follow a volume indicator on any forex pair. Volume is a real metric on indices, shares, and other centralized and regulated markets

Ignored

Volume gives insight into liquidity. Not following it per say. Just an indicator something big is gonna happen(prob kuroda tmr) As history has shown when liqidity dries. market movers can cause huge inpact. these vols wernt compiled from a single broker

#21,851
Edited 10:34am Sep 28, 2016 9:53am | Edited 10:34am

leveraged
| Joined May 2011 | Status: Trader | 161 Posts

Looks as if the tide is turning, and another visit back to 130.00 is in the cards. A definite break of 130.50 would need to confirm this

GBPJPY looks contained as GBPUSD and USDJPY are trendless now

#21,852
Sep 28, 2016 10:23am Sep 28, 2016 10:23am

datdle
| Joined Oct 2013 | Status: Trader | 206 Posts

It must be Raise up !

#21,853
Sep 28, 2016 10:53am Sep 28, 2016 10:53am

baherhosni
Joined Jan 2011 | Status: Trader | 1,560 Posts

Quoting Don96

Disliked

{quote} Still 143

Ignored

By the way, we are still stalled on the up move, but I was wrong since I was looking at the wrong chart..

I still need a trading break soon!!! "Loose some to win more" --Baher A.

#21,854
Sep 28, 2016 3:11pm Sep 28, 2016 3:11pm

Don96
Joined Dec 2015 | Status: Trader | 7,803 Posts

Quoting baherhosni

Disliked

{quote} By the way, we are still stalled on the up move, but I was wrong since I was looking at the wrong chart..

Ignored

1.3030 on GU broken will help GJ...