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Enter The Dragon - GBP/JPY 2 replies

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Attachments: Dragon Riders GBP/JPY
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Dragon Riders GBP/JPY

yeh i think "Dragon" needs a new name .. maybe "Snail" ?
dragon will fly north soon!
Quoting nickjtrahan
dragon will fly north soon!
why do you think so nick?
Quoting amoc
{quote} why do you think so nick?
Im thinking south myself. Different opinions make a market
If it can close under 140.60 then I'll have some more evidence.
Calm before the storm! My sentiment is still bearish on this pair. Would start to rethink it if I see a close up around 142.8 or so.
Quoting amoc
{quote} why do you think so nick?
Support levels suggest on the daily chart that this has room to touch 143-144 at least again, just my opinion.
Quoting cpnhowdy
{quote} Im thinking south myself. Different opinions make a market If it can close under 140.60 then I'll have some more evidence.
Exactly

Time will tell I guess...I can't say I haven't been wrong before!!
Quoting nickjtrahan
dragon will fly north soon!
I think and hope we will see a very nice rally.
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Quoting L.m
{quote} I think and hope we will see a very nice rally. {image}
Me too. I think if it is able to get past 148 range, it may go much higher long term.
  •  Falco.
  • | Joined Oct 2015 | Status: I'm not surprised motherfuckers | 20 Posts
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  • #23,311
  • Quote
  • Edited Feb 24, 2017 12:16am Feb 23, 2017 11:32pm | Edited Feb 24, 2017 12:16am
GBPJPY
M30
Trend Ranging trend continuation
Long Short
140.950

H4
Trend Ranging trend continuation
Long short
140.360

::: no trade :: :: or small lot long::
**********************************************
USDJPY
H4
Trend Ranging trend continuation
113.230

::no trade::
**********************************************
EURJPY
H4
Trend Ranging trend continuation
118.940

::no trade::
*********************

UP color : Blue RoyalBlue DeepSkyBlue
DOWN color : Red Magenta Orange
Exits == most important part of your strategy
  • #23,312
  • Quote
  • Edited 12:47am Feb 24, 2017 12:26am | Edited 12:47am
H4 trend up , M30 ranging or trend continuation , small lot long only
* I just do example here , but this is not a good trade because is NOT trend trade.
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GBPJPY
M30
Trend Ranging trend continuation
Long Short
140.950

H4
Trend Ranging trend continuation
Long short
140.360

::: no trade :: :: or small lot long::
**********************************************
USDJPY
H4
Trend Ranging trend continuation
113.230

::no trade::
**********************************************
EURJPY
H4
Trend Ranging trend continuation
118.940

::no trade::
*********************

UP color : Blue RoyalBlue DeepSkyBlue
DOWN color : Red Magenta Orange
Exits == most important part of your strategy
  • #23,313
  • Quote
  • Edited 1:48am Feb 24, 2017 1:29am | Edited 1:48am
Was able to get in on this one... price broke above G retest + buy ... got my TP up to the 142 level but I might exit sooner.. maybe even now

edit: Closed for 22pips
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It's going sideways until Mid March
Quoting FxLapozi
It's going sideways until Mid March
You mean D1
M30 always got trend+ranging
Exits == most important part of your strategy
Friday. Expect volatility. Sell 141.50 TP 140.60
Quoting edmun1388
{quote} You mean D1 M30 always got trend+ranging
Well, I trade H4 and D1 anyway M30 is too eye-straining for old guy like me.

Come on bro, it's still within that gap of range even for M30
Quoting andoseg2
{quote} Update : Adjusting the entry to new informations : {image} {image}
didn't trigger should be canceled
Money moves the market, not an indicator.
Testing new laptop and broker with demo, tweaked win 10 using 18% CPU and MT4 usin 12 % CPU and broker is fast, hope they would be as fast processing my paperwork.
Demo brags dont count but. as tired using mobile and holiday is over...
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That was a really dumb exit did, ohh well
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