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Dragon Riders GBP/JPY

  • #22,941
  • Jan 7, 2017 8:52am Jan 7, 2017 8:52am
Bearish on the pair.
  • #22,942
  • Jan 7, 2017 4:11pm Jan 7, 2017 4:11pm
I am looking to add shorts as well down off of 150
it could reverse down at any point I suppose but quite unlikely for the coming week
its heading back up to the top of the range, you know how it moves
and of course it looks like its forming a head and shoulders, but after it gets up some more and comes down a little then up up way more we will be out of this range shortly
Attached Image (click to enlarge)
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  • #22,943
  • Jan 7, 2017 4:22pm Jan 7, 2017 4:22pm
BWHAHAHAHA and all these shorts just confirmed its going up for sure!
are you kidding me? WHo do you think fuels the fires? for all those longs in profit since we have been running up for 17 weeks or something?
look at those states and trades so telling, anyone short yet?

I shorted GBP/JPY once almost all the way up to 251.XX needless to say I was long dead before we finally reached the top, choose your tops well, this is not the time for a LT reversal, if it breaks the trend line it will only fall to 23.6% at 142.70, so Ok then short here for 100 pips down, then load up on longs ;0
Attached Image (click to enlarge)
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  • #22,944
  • Jan 8, 2017 6:12pm Jan 8, 2017 6:12pm
Shorted @ 143.700, SL 143.950, TP 142.600





...
  • #22,945
  • Jan 9, 2017 4:17am Jan 9, 2017 4:17am
i have no idea why GBPJPY is dropping - but i have some shorts on .. i really thought this would be going up
  • #22,946
  • Jan 9, 2017 5:37am Jan 9, 2017 5:37am
Shorted 143.300, nice profit
  • #22,947
  • Jan 9, 2017 8:18am Jan 9, 2017 8:18am
https://www.google.com/url?sa=t&rct=...k8yxp2tbH-Xgdg

Theresa May indicates 'hard Brexit' and dismisses free movement deal to keep single market access
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #22,948
  • Jan 9, 2017 8:25am Jan 9, 2017 8:25am
The markets were starting to believe that Brexit might not happen, over the weekend the UK PM basically confirmed she would trigger the leave process before the end of March so any doubt is off. I'm closing my remaining long and looking for short entries.
  • #22,949
  • Edited 5:33pm Jan 9, 2017 5:18pm | Edited 5:33pm
WTF. Sterling flash crash again. Half of my account is gone!!! So mad right now!!!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4_flash.png Size: 23 KB
  • #22,950
  • Jan 9, 2017 5:22pm Jan 9, 2017 5:22pm
Quoting FreeTrade
WFT. Sterling flash crash again. Half of my account is gone!!! So mad right now!!! {image}
What? Nothing like that in my brokers
  • #22,951
  • Jan 9, 2017 5:46pm Jan 9, 2017 5:46pm
Not joking Bro. Here what i get from the candle. What the hell happened?
Attached Image (click to enlarge)
Click to Enlarge Name: flashcrash_detail.png Size: 38 KB
  • #22,952
  • Jan 9, 2017 5:58pm Jan 9, 2017 5:58pm
Quoting FreeTrade
Not joking Bro. Here what i get from the candle. What the hell happened? {image}
Bro if it is like that I'm really sorry, but my chart looks like that
Attached Image (click to enlarge)
Click to Enlarge Name: Immagine.png Size: 49 KB
  • #22,953
  • Jan 9, 2017 6:11pm Jan 9, 2017 6:11pm
Quoting FreeTrade
Not joking Bro. Here what i get from the candle. What the hell happened? {image}
Nothing much,just your broker faking some prices so ppl get stopped out
  • #22,954
  • Jan 9, 2017 8:35pm Jan 9, 2017 8:35pm
Quoting FreeTrade
WTF. Sterling flash crash again. Half of my account is gone!!! So mad right now!!! {image}
What is the broker name?
Let Market Tell You
  • #22,955
  • Jan 9, 2017 11:27pm Jan 9, 2017 11:27pm
Quoting FreeTrade
Not joking Bro. Here what i get from the candle. What the hell happened? {image}
something very wrong with that screenshot ... i dont see that on my screen too ... yah .. curious, who is the broker ?
  • #22,956
  • Jan 10, 2017 12:02am Jan 10, 2017 12:02am
I didn't see it with either of my brokers
is yours FXCM
they were mine a while ago and I remember random spikes that weren't on the others
I will get my head around this, but always can be wrong
  • #22,957
  • Jan 10, 2017 2:38am Jan 10, 2017 2:38am
Quoting nimtrader
I didn't see it with either of my brokers is yours FXCM they were mine a while ago and I remember random spikes that weren't on the others
My FXCM chart looks fine
Attached Image (click to enlarge)
Click to Enlarge Name: fxcm.PNG Size: 388 KB
  • #22,958
  • Jan 10, 2017 3:04am Jan 10, 2017 3:04am
Quoting andoseg2
{quote} Update : Time to manage the risk {image}

Update : time to lock profit (from covering action)

Attached Image (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 209 KB
Money moves the market, not an indicator.
  • #22,959
  • Edited 4:48pm Jan 10, 2017 4:23am | Edited 4:48pm
140.1 is reasonably good support - but maybe for a minor correction to address o/s. Somewhat depends on the daily candles here. A standard correction would target 138.5/8. Maybe only 139.1. (As per last time). 139.1 ish is the top of the daily ichimoku cloud. A H&S would target 138.5 minimum, then 136.3/5 and 132.5 in extension.
  • #22,960
  • Jan 10, 2017 8:07am Jan 10, 2017 8:07am
Quoting Mpt
140.1 is reasonably good support - but maybe for a minor correction to address o/s. Somewhat depends on the daily candles here. A standard correction would target 138.5/8. A H&S would target 138.5 minimum, then 136.3/5 and 132.5 in extension.
I think that after we test 139 area, if this support does not hold, we could go to 132.5 in a matter of days.
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