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Dragon Riders GBP/JPY

  • #23,041
  • Jan 22, 2017 6:13pm Jan 22, 2017 6:13pm
Buy with the rest of the margin you planned last week at the 42 minute mark ...you know the next thirty minutes away now....

that's when they pop on Sundays....Monday mornings for the Tokyo retailers...
  • #23,042
  • Jan 22, 2017 6:16pm Jan 22, 2017 6:16pm
Quoting xingloon
The surge touches 142.17 resistance. Overall outlook is still bearish based on daily chart, unless it break decisively this resistance level. Anyway Im holding my short position @ 141.75 with SL 142.30. Today market might be volatile during the Trump speech. Cheers
Close @ 140.01 with 74pips gain. May continue to fall but sideways and watch the PA first
Listen to the market
  • #23,043
  • Jan 22, 2017 6:20pm Jan 22, 2017 6:20pm
Quoting Quickiepip
I follow open on Sunday from my phone was as low as 141.10 but up now 141.46 so maybe one 30 pip gap... last weeks gap was a killer
I traded that gap last week and came out decent. Was hoping that there would be some gaps on market open today because of Trump but didnt see anything substantial
  • #23,044
  • Jan 22, 2017 6:24pm Jan 22, 2017 6:24pm
multiple time frame resistance @ 141.45 and MTFS @ 140.47 guys ..... the dragon SLAYER has spoken ... check it out
FXSLAYER
  • #23,045
  • Jan 22, 2017 6:33pm Jan 22, 2017 6:33pm
Quoting Donyouth4eva
{quote} I traded that gap last week and came out decent. Was hoping that there would be some gaps on market open today because of Trump but didnt see anything substantial
Last week gap was money making moment , with new low before closing gap was confirm buy but this week another story , trump effect is new , so have to wait and see how this plays.
  • #23,046
  • Jan 22, 2017 9:35pm Jan 22, 2017 9:35pm
Hello everyone. Back to posting here as I had neglected these forums lately. I am currently long GBP/JPY with stops between 100 and 70pips. I entered last Friday and I have just added to longs with stops of 70 pips. Targets are about 2000 pippos higher at 160ish.

Weekly chart attached
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY long weekly 23 Jan 17.jpg Size: 167 KB
  • #23,047
  • Edited Jan 23, 2017 5:11am Jan 22, 2017 9:51pm | Edited Jan 23, 2017 5:11am
Playing daily H&S for now. Not really a h/s, but want to see it trading under 139.5 .
  • #23,048
  • Jan 23, 2017 6:51am Jan 23, 2017 6:51am
PA never reached 142.50 to complete retracement... it's been ranging in this area for a while.... all higher time frames say bearish but yet I seem to be waiting for this move up
I'll pick up the crumbs don't need the whole pie
  • #23,049
  • Jan 23, 2017 1:25pm Jan 23, 2017 1:25pm
My today day on GJ. +77 pips
I started scalping 3 months ago.
Of course I have also bad days My main problem is my EGO...
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-01-23_202131.jpg Size: 236 KB
I`m limiting my Risk & trying maximize my profits.
  • #23,050
  • Jan 23, 2017 2:28pm Jan 23, 2017 2:28pm
This Lunar New Year will favor GU. Especially with such low GU. Maybe 1.27.
  • #23,051
  • Jan 23, 2017 11:00pm Jan 23, 2017 11:00pm
Quoting raiders
You guys ready for a replay of last years Jpy strength?
  • #23,052
  • Jan 23, 2017 11:07pm Jan 23, 2017 11:07pm
UJ
98 is what im gunning for initially. Sub 90 would not surprise me
  • #23,053
  • Jan 23, 2017 11:08pm Jan 23, 2017 11:08pm
USD is going into the dumpster. Stay short USD
  • #23,054
  • Jan 24, 2017 12:58am Jan 24, 2017 12:58am
Sellin the pound today target on gbpusd is 2434 then up a lot.....
  • #23,055
  • Jan 24, 2017 1:12am Jan 24, 2017 1:12am
In or out? Still line ball. Even after 25 years no one knows if it's bullish or bearish.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYMonthly.png Size: 60 KB
  • #23,056
  • Jan 24, 2017 3:50am Jan 24, 2017 3:50am
Quoting xingloon
The surge touches 142.17 resistance. Overall outlook is still bearish based on daily chart, unless it break decisively this resistance level. Anyway Im holding my short position @ 141.75 with SL 142.30. Today market might be volatile during the Trump speech. Cheers
It looks like PA couldnt break through this 142.07~142.17 resistance level at the moment.
Listen to the market
  • #23,057
  • Jan 24, 2017 10:58am Jan 24, 2017 10:58am
what is going on ???
  • #23,058
  • Jan 24, 2017 11:01am Jan 24, 2017 11:01am
Quoting datdle
what is going on ???
It is doing what it is supposed to do
Trade what you see, not what you think.
  • #23,059
  • Jan 24, 2017 11:23am Jan 24, 2017 11:23am
Breached the 142. level, how high will it go? 143.80 or 146?
  • #23,060
  • Jan 24, 2017 11:33am Jan 24, 2017 11:33am
Looks like Gold is creeping up slowly, this could stop the upward momentum on GBPJPY for now, but downside definitely limited.
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