Dragon Riders GBP/JPY

Would you still consider the trend still to be down?

No riders today?

maybe all on the wrong side...

im long from 126.64
TP between 128.516 - 129.339
we shall see!

Dragon Riders.....UNITE.....!!!!!!

Hey FXRay....could we have a lovely D P lay-out?.....

If you feel compelled to ask, it means you have no idea. FX ray did a fine job here, but even during his presence I opined that he was was purely handing out free trade calls, suggesting that no one would learn a damned thing. And, whilst his methodology was very much mathematically based, the same/similar results could be ascertained manually. Either way, no one appeared to pick up on these facts and just hung around looking for a free tip. Rather than wait around to bludge off someone else's thoughts, how about you do it yourself.

FWIW, 127.3/4 has to break (daily at least) for a return down out of the area illustrated on my chart/pictogram some days ago. Failure to do so, or a break over 129.6 suggests a larger consol or poss reversal.

Within that 220 pip range, I have no targets nor expectations.

Lighten up Francis!!!!

The poster in question has been around for more years than I. He's been on the Auslanco thread that had a MASSIVE following and wrote many of the rules of trading GJ. Obviously none of those rules were learned. He's been on each and every Sterling Yen thread since then, but the only posts have either been inane, or asking guidance from others. Even on this thread, he was primarily accepted because the posts added some degree of colour and vibrancy. He has, in all these years, never posted a chart of his own and the only analysis offered has been that of somebody else. He runs a trading account in a remote location to avoid US regulations, he over leverages to the hilt and now appears to be trying to teach others to trade. He was, in essence, the 'last man standing' after others left this thread but when I noted that newcomers were actually asking questions of him (note: he never answers questions), I became concerned. Not for me, but for all those others signing up here, or those that just read the posts and say nothing.

All I really want to see is a forum that runs. One that I could come back to in 2 or even 5 years and see that it's just ticking along and most share the benefit.

Right now, it's getting hard to lighten up.

Coz I don't trade anything but mobile apps

Point 51 held.....we're in a buy

I have over analyzed my 1h chart, so i will just weight and wonder for a while and keep a aye out on the channel, no desire to place my morning trade, at this time.

Power of pivots!

And im out for the day, thought I posted short, ohh well.
Time to work on my entry on the EA just have a temp MA cross there while making sure it works seamlessly with http://www.forexfactory.com/showthre...92#post3715292 BenTrail late ECN version with degrading ´trail, if it can handle those MA cross entry's it can handle my manual entry's or automated entry that is better than a MA cross.

Monthly pivots rejected price attempts to go up a third time... sooner or later the pips will hit the floor or flyaway!

i choose fly

This ranging from October 11 is killing me. Movement had been stagnant, with all the positive news for GBP in the last few days I figured we'd be over 130.00 by now. My charts are pointing down sub 126.00 but nothing is happening.

Another view-- these are the weekly pivot lines and the orange/white lines are the daily pivots (notice up down up down).

Accumulation phase

vs this

Hopefully we get some action soon

Can't get 50 pips down or 150 pips up... GBPJPY been running most the year... as soon as I start trading it.. OH MY still holding order since Monday