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Dragon Riders GBP/JPY

  • #21,841
  • Sep 28, 2016 5:50am Sep 28, 2016 5:50am
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 5:58am Sep 28, 2016 5:58am
Quoting Don96
i wonder if people will get caught short and forget that the trend isn't infinite

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 5:59am Sep 28, 2016 5:59am
Quoting baherhosni
{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?

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 6:08am Sep 28, 2016 6:08am
Quoting baherhosni
{quote} Good EW analysts say it is still a wave 4 correction!
You are holding from which price? (long/short)
  • #21,845
  • Sep 28, 2016 6:16am Sep 28, 2016 6:16am
Quoting baherhosni
{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?
Still 143
  • #21,846
  • Sep 28, 2016 6:20am Sep 28, 2016 6:20am
Quoting Don96
{quote} Still 143
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 6:22am Sep 28, 2016 6:22am
Quoting leveraged
{quote} You are holding from which price? (long/short)
I was long from 130..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #21,848
  • Sep 28, 2016 7:12am Sep 28, 2016 7:12am
something's happening soon.. expect a massive breakout because of low vol
Attached Image (click to enlarge)
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  • #21,849
  • Sep 28, 2016 7:23am Sep 28, 2016 7:23am
Quoting Bicarus
something's happening soon.. expect a massive breakout because of low vol {image}
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 7:43am Sep 28, 2016 7:33am | Edited 7:43am
Quoting alexpi
{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
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 8:34am Sep 28, 2016 7:53am | Edited 8:34am
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 8:23am Sep 28, 2016 8:23am
It must be Raise up !
  • #21,853
  • Sep 28, 2016 8:53am Sep 28, 2016 8:53am
Quoting Don96
{quote} Still 143

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 1:11pm Sep 28, 2016 1:11pm
Quoting baherhosni
{quote} By the way, we are still stalled on the up move, but I was wrong since I was looking at the wrong chart..
1.3030 on GU broken will help GJ...
  • #21,855
  • Sep 28, 2016 4:12pm Sep 28, 2016 4:12pm
Here it goes, Giddy up. Cable moving strong and Yen also. This can catapult GJ
  • #21,856
  • Sep 28, 2016 4:33pm Sep 28, 2016 4:33pm
Quoting CindyXXXX
https://m.youtube.com/watch?v=ThbJtOAkHy4 {image}
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Time hides Nothing
  • #21,857
  • Sep 28, 2016 5:33pm Sep 28, 2016 5:33pm
H4 resistance has been broken. Might reach 133.25 before a retracement takes place.
  • #21,858
  • Sep 28, 2016 6:08pm Sep 28, 2016 6:08pm
Quoting JJSerrault
H4 resistance has been broken. Might reach 133.25 before a retracement takes place.
You should wait for kuroda
  • #21,859
  • Sep 28, 2016 6:19pm Sep 28, 2016 6:19pm
Quoting hierro-scalp
{quote} You should wait for kuroda
Smells fishy... might crash down after boj...
  • #21,860
  • Sep 28, 2016 6:20pm Sep 28, 2016 6:20pm
Classic 49 pips up and 24 down.....49 up or what is it now....?
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