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Dragon Riders GBP/JPY

  • #22,221
  • Oct 20, 2016 7:14pm Oct 20, 2016 7:14pm
sellin' 6:49 and the strait up 8 in N Y

notice....the 7:42 trade strategy demands a morph.....when the 30 minute marks display authority.....

we can see the bias one hour early even...ha...ha, which resulted in the RULE number one, enter the 7:42pm trade at 6:42....I get a chuckle, I'm simple, huh?
  • #22,222
  • Edited 7:41pm Oct 20, 2016 7:30pm | Edited 7:41pm
Oh hail, I forgot to say....the 9:15 reversal in NY.......in 45 minutes.....be on the lookout............smiley

historical couple to that 49th minute that reversed it tonite ...a valid chance to make-up for the 42nd minute loss....usually more than makes up for it

grand performance for the week is the London session 4:30 am N Y ....looking for 5M outside P A to the upside.....gonna sell

any long bars going beyond the recent limits of the price bars.....like within 5 minutes of the strait up or down.....I promise
  • #22,223
  • Oct 20, 2016 10:41pm Oct 20, 2016 10:41pm
F F's own Ian Copsey.....

Attached Image


https://2.bp.blogspot.com/-p0vJmsO7j...s320/ZBDHF.jpg

BIAS: I am in one mind - bearish



Resistance:1.22741.22971.23311.2345-50
Support:1.22441.2197-091.21741.2135-45


MAIN ANALYSIS: After all the bother trying to work with alternatives, yesterday's losses (along with EURUSD) were far too much to bring price back from the dead. I can't even see any potential for a break above 1.2274 and therefore we should see direct losses initially down to 1.2197-09 and then towards 1.2135-45 (I suspect.) Overall, this move lower should extend down to 1.2087 and to an eventual 1.2015-33 area.

COUNTER ANALYSIS: The upside probably has no chance - but if I'm wrong and there's a move above 1.2280 - I'd still be cautious but would remain neutral until there are bearish reversal indications.

Good trading
Ian Copsey
Posted by
Ian Copsey at 10
  • #22,224
  • Oct 20, 2016 10:55pm Oct 20, 2016 10:55pm
The mighty Dragon has only moved 40 pips...
Dragon Rider
  • #22,225
  • Oct 20, 2016 10:59pm Oct 20, 2016 10:59pm
Just looking at the Pivots they say --> Sideways day
Dragon Rider
  • #22,226
  • Oct 21, 2016 12:58am Oct 21, 2016 12:58am
I am Long for London open, real careful and tight
  • #22,227
  • Oct 21, 2016 1:19am Oct 21, 2016 1:19am
fast race, expecting another safe entry.
+40 pips
Attached Image (click to enlarge)
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  • #22,228
  • Oct 21, 2016 1:22am Oct 21, 2016 1:22am
Quoting Kissa
I am Long for London open, real careful and tight
Now profit locked in and not so tight, for M1 standards. Thats it for me today.
  • #22,229
  • Oct 21, 2016 2:02am Oct 21, 2016 2:02am
Quoting Kissa
{quote} Now profit locked in and not so tight, for M1 standards. Thats it for me today.
Good see well done . Save a kiss for the dragon she a real darling .
  • #22,230
  • Oct 21, 2016 2:24am Oct 21, 2016 2:24am
kilt it......c'mon London.....or they'll wait till NY wakes up to share in the action....
  • #22,231
  • Oct 21, 2016 3:55am Oct 21, 2016 3:55am
how much spark, goal reached
+20 pips
Attached Image
  • #22,232
  • Oct 21, 2016 4:05am Oct 21, 2016 4:05am
Out at 87 pips and done for the week.
Attached Image (click to enlarge)
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Dragon Rider
  • #22,233
  • Oct 21, 2016 6:58am Oct 21, 2016 6:58am
Hopefully NY can breakout of this sideways movement, I'm still bearish looking for at least the weekly low of 124.90. If not it looks like I will be holding trades into the weekend. We will all see how it goes.
I'll pick up the crumbs don't need the whole pie
  • #22,234
  • Oct 21, 2016 7:09am Oct 21, 2016 7:09am
GBPJPY very much in sideways.
really look forward to break down because it is remain in this stage almost 1 weeks..
Let Market Tell You
  • #22,235
  • Edited 10:30am Oct 21, 2016 8:04am | Edited 10:30am
u guys got your wish....!!!!

and we had two reversal at 9:15.....one in the pm and one in the morning.....160 down and 95 up.....as usual....
  • #22,236
  • Oct 21, 2016 11:46am Oct 21, 2016 11:46am
Would have wished for 124.00... but it gave me enough to get out of a bunch of sells with 6 bucks profit and the other with 70 bucks profit... no trades for the weekend. I'm glad I got out in time
I'll pick up the crumbs don't need the whole pie
  • #22,237
  • Oct 21, 2016 5:39pm Oct 21, 2016 5:39pm
Quoting Quickiepip
Would have wished for 124.00... but it gave me enough to get out of a bunch of sells with 6 bucks profit and the other with 70 bucks profit... no trades for the weekend. I'm glad I got out in time
Nice comeback

That is what i do-- stack trades until the negative ones are at break even and live to ride another day.
Dragon Rider
  • #22,238
  • Oct 21, 2016 7:16pm Oct 21, 2016 7:16pm
Count our blessings huh!!! I swear someone has us doing this forex for a reason....devine decree for stable markets, huh?,.. more players the more stable....

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  • #22,239
  • Oct 22, 2016 8:19am Oct 22, 2016 8:19am
Quoting barloc
{quote} Nice comeback That is what i do-- stack trades until the negative ones are at break even and live to ride another day.
Thanks Man, you never find nice people on this forum. This thread is an exception. the people who post here daily seem to be real nice. If this was the eurusd thread, you just get slammed.

Thanks barloc!!
I'll pick up the crumbs don't need the whole pie
  • #22,240
  • Oct 22, 2016 5:09pm Oct 22, 2016 5:09pm
whoa....I wondered about different strats taking advantage of the whips....my first trade at fxcm in 2002 was attacking that in euro and chf.....vs usd

I'm just now seeing the remedy......stacking for later......the logic of it, cool

Quoting Quickiepip
{quote}Thanks Man, you never find nice people on this forum. This thread is an exception. the people who post here daily seem to be real nice. If this was the eurusd thread, you just get slammed. Thanks barloc!!
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