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Dragon Riders GBP/JPY

  • #22,621
  • Dec 1, 2016 12:30am Dec 1, 2016 12:30am
It's going to 251.11

that election changed the global fundamentals, huh!! This pair is the indicator for that.....it's acting funny today scary to trade I'm scared
  • #22,622
  • Dec 1, 2016 12:38am Dec 1, 2016 12:38am
just to reconfirm ... did you mean 151.11 or 251.11 ?
i can live with both numbers
  • #22,623
  • Dec 1, 2016 1:26am Dec 1, 2016 1:26am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting AbamMamu
{quote} check MA200 at D1
I did it and it is at 143,86.... I mean EMA.... What MA do you use? Thanks!
  • #22,624
  • Dec 1, 2016 1:44am Dec 1, 2016 1:44am
Strong bearish divergence
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  • #22,625
  • Dec 1, 2016 4:14am Dec 1, 2016 4:14am
Quoting jmmn
{quote} I did it and it is at 143,86.... I mean EMA.... What MA do you use? Thanks!
 
SMA200 Close....GJ surpose to reach at SMA200 D1 before starting minor retracement to the support 141.32....if break the support next destination 139.20....
.
GJ still maintain bullish trend unless GJ break 138.10...the candlestick must be very strong enough to hold the price below...but it not easy....
  • #22,626
  • Dec 1, 2016 7:20am Dec 1, 2016 7:20am
What a wonderful end to November....!!! 149 by Friday or early next week lol
I'll pick up the crumbs don't need the whole pie
  • #22,627
  • Dec 1, 2016 7:42am Dec 1, 2016 7:42am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting AbamMamu
{quote} Â SMA200 Close....GJ surpose to reach at SMA200 D1 before starting minor retracement to the support 141.32....if break the support next destination 139.20.... . GJ still maintain bullish trend unless GJ break 138.10...the candlestick must be very strong enough to hold the price below...but it not easy....
I am amazed... How do you get all those figures? Thanks in advance. Jos
  • #22,628
  • Dec 1, 2016 9:58am Dec 1, 2016 9:58am
Quoting big-loser
just to reconfirm ... did you mean 151.11 or 251.11 ? i can live with both numbers
yep,251.....now 146.63........148 maybe....

145.5. Today......dip to 143.63 possible so be aware on those buys....I'm getting some losses....didn't sell that third push up that hit 145.20...not enough sleep the last three days for me
  • #22,629
  • Dec 1, 2016 10:07am Dec 1, 2016 10:07am
Quoting jmmn
{quote} I am amazed... How do you get all those figures? Thanks in advance. Jos
 
the situation very critical right now.....GJ D1 candle must be close below MA200 at 2 or 3 D1 candle....if GJ failed to close below D1 MA200 we will see next destination 150.10 to 150.70....
  • #22,630
  • Dec 1, 2016 6:16pm Dec 1, 2016 6:16pm
target 141.33....unsquared thing don't ya know.....go get em guys and gals.....then real snappy like up to the 148 idk

it's as if their racing to the target up at 146.63 by the N F P.....
  • #22,631
  • Dec 1, 2016 7:29pm Dec 1, 2016 7:29pm
Hey AbamMamu......4H Gann......?

proud to have ya here...I'll be payin attention to your posts........Gann?....and symmetry??
  • #22,632
  • Dec 1, 2016 7:43pm Dec 1, 2016 7:43pm
143.31 there's our sell
  • #22,633
  • Dec 1, 2016 7:49pm Dec 1, 2016 7:49pm
Quoting Gbp/jpy
143.31 there's our sell
I like it
  • #22,634
  • Dec 1, 2016 8:02pm Dec 1, 2016 8:02pm
Quoting Gbp/jpy
Hey AbamMamu......4H Gann......? proud to have ya here...I'll be payin attention to your posts........Gann?....and symmetry??
 
Tq bro....i am very happy if GJ candle could close below 142.60 at H4....if this thing happen next destination 141.33 is valid....break this support next destination 140.10....i am out at the price...
  • #22,635
  • Dec 1, 2016 8:13pm Dec 1, 2016 8:13pm
Be right back... ya see....I gotta make a

Beerrun ....baby...
  • #22,636
  • Dec 1, 2016 8:17pm Dec 1, 2016 8:17pm
Hey man.....my orders are buy at 141.71...and add at 141.39 like a muther bear...stop at 141.001
  • #22,637
  • Edited 11:01pm Dec 1, 2016 10:12pm | Edited 11:01pm
Won't happen, but still technically qualifies as a 4th wave move in a downtrend until it breaks 145.33

Just as a side comment, 138.8 cf 122.7 (1.382 in extension) is 145 -broken by a few pips. Hence the fallback, which has thus far found support at 143.2, being the relative 127 extension.

To a smaller or larger extent, all relevant fib level relationships have been observed (held at, or broken and retested) in the climb.

4hr shows this stuff best

Only mentioning this because the fibs/levels are showing to be pretty accurate ... and it might be of help
  • #22,638
  • Edited 11:28pm Dec 1, 2016 11:09pm | Edited 11:28pm
I agree with Mpt, trading an EW pattern on a month chart its at Pt 4 now and is due to sell off. I've taken a sell with TP 130.
  • #22,639
  • Dec 1, 2016 11:35pm Dec 1, 2016 11:35pm
Red alert.....red alert.......buy signal on the 4H.....candle formation like last time....

hammer, shooting star and a splnning top.....
  • #22,640
  • Dec 1, 2016 11:55pm Dec 1, 2016 11:55pm
Quoting Ultiforex
I agree with Mpt, trading an EW pattern on a month chart its at Pt 4 now and is due to sell off. I've taken a sell with TP 130.

I did say I thought it unlikely. Over about 143.9 (4hr) it attempts to break up again
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