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Dragon Riders GBP/JPY

  • #23,481
  • Mar 10, 2017 4:10am Mar 10, 2017 4:10am
Quoting Rouge
{image} Up against trendline , shall we break and close above or will we fail and retest the 139.30 area???
failed and retest the support area.
  • #23,482
  • Mar 10, 2017 8:29am Mar 10, 2017 8:29am
Shot is building up, target 140.70
  • #23,483
  • Mar 10, 2017 8:35am Mar 10, 2017 8:35am
Numbers have been priced in following the rate hike announcement next week.

There's sure to be a storm on the way, you don't have to be the hero today!!!
"If you are not long, that doesn't mean you have to be short"
  • #23,484
  • Mar 10, 2017 9:03am Mar 10, 2017 9:03am
So, the market operators have done us again, holding any volatility, you know....good old follow through....

so oil oil or that nzdusd is out of place......too proud and it's sneaking down now.....
  • #23,485
  • Mar 10, 2017 9:39am Mar 10, 2017 9:39am
Only pair i held short was this on due to gbp political risks, thank god short will probably pay off today and next week.

Been hedging longs with my shorts on UJ and EJ so i wasn't really red but this move down cought me completly off guard in a good way lol. Made my week and hopefully will go lower to 136
  • #23,486
  • Mar 10, 2017 9:48am Mar 10, 2017 9:48am
Quoting FxLapozi
Keeping an eye on 140.55-140.70.... Rejection zone
Closed for +80. See you guys next week.
  • #23,487
  • Mar 10, 2017 11:19am Mar 10, 2017 11:19am
Attached Image
Never let success get to your head because the market will punish you
  • #23,488
  • Edited 7:29am Mar 11, 2017 6:57am | Edited 7:29am
On Sunday it's going to blow up. If you've some shorts, it's now time to get rid of them as quickly as you can, unless you can stand strong hit towards 140.7-141.

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  • #23,489
  • Mar 11, 2017 9:41am Mar 11, 2017 9:41am
i see 162.00 on the horizon
  • #23,490
  • Mar 12, 2017 9:06pm Mar 12, 2017 9:06pm
Sending the scouts, JPY is the stronger currency right now but it could go either way.
Attached Image (click to enlarge)
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Dragon Rider
  • #23,491
  • Mar 13, 2017 2:11am Mar 13, 2017 2:11am
Attached Image (click to enlarge)
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Dragon Rider
  • #23,492
  • Mar 13, 2017 2:21am Mar 13, 2017 2:21am
Quoting barloc
Sending the scouts, JPY is the stronger currency right now but it could go either way. {image}
GBP is the stronger currency atm
You came here for the truth and let me unveil it for you
  • #23,493
  • Mar 13, 2017 3:19am Mar 13, 2017 3:19am
Fade the move
Attached Image (click to enlarge)
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Dragon Rider
  • #23,494
  • Mar 13, 2017 7:21am Mar 13, 2017 7:21am
Hey guys, I entered a long gbp/jpy @ 140.19 looking for TP1 @140.81 or more depending on price action.. although the order flow is down, this could be a good counter trend trade.
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  • #23,495
  • Mar 13, 2017 7:40pm Mar 13, 2017 7:40pm
Looks like this pair has gotten nowhere in the last weeks. Any ideas ; stalling or calm before the storm ?
  • #23,496
  • Mar 13, 2017 8:12pm Mar 13, 2017 8:12pm
maybe its waiting for may to trigger brexit?
  • #23,497
  • Edited 1:08am Mar 14, 2017 12:52am | Edited 1:08am
[M30]

GBPJPY - support 139.930
USDJPY - resistance 114.980

[H4]

GBPJPY - support 139.420 ( 1/3 year line) ,
USDJPY - support 115.285
EURJPY - support 121.970


======
support - wait for break down, short
resistance - wait for break up , long.
Exits == most important part of your strategy
  • #23,498
  • Mar 14, 2017 1:16am Mar 14, 2017 1:16am
Ideal scenario--> a deep retracement and we trade the continuation.
Attached Image (click to enlarge)
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Dragon Rider
  • #23,499
  • Mar 14, 2017 1:28am Mar 14, 2017 1:28am
We might get some decent moves to the south soon but that is just my Crystal ball guess.
Dragon Rider
  • #23,500
  • Mar 14, 2017 2:24am Mar 14, 2017 2:24am
Quoting edmun1388
[M30] GBPJPY - support 139.930 USDJPY - resistance 114.980 [H4] GBPJPY - support 139.420 ( 1/3 year line) , USDJPY - support 115.285 EURJPY - support 121.970 ====== support - wait for break down, short resistance - wait for break up , long.
1st short GJ 139.930 ,
then long UJ 114.980 .
nice right.
Exits == most important part of your strategy
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