Attachments: Dragon Riders GBP/JPY

Dragon Riders GBP/JPY

#23,501
Mar 14, 2017 4:41am Mar 14, 2017 4:41am

FxLapozi
Joined May 2012 | Status: Trading from Mars | 830 Posts

Quoting barloc

Disliked

Ideal scenario--> a deep retracement and we trade the continuation. {image}

Ignored

I think it's pretty likely. Bear is running out of steam at the moment. Rejections occurred not once but twice from the bottom. I see a retest of 140.

#23,502
Mar 14, 2017 7:47am Mar 14, 2017 7:47am

barloc
Joined Nov 2012 | Status: Trader | 497 Posts

Tomorrow's red news will provide the movement and if the conditions remain the same then it will be a huge sell... okay maybe a huge sell maybe not.
On the daily scale we are still in ranging mode.

Dragon Rider

#23,503
Mar 14, 2017 12:14pm Mar 14, 2017 12:14pm

kenorb
| Joined Sep 2012 | Status: Trader | 192 Posts

139.3 broken, we'll see 139.00-138.50 soon. Most likely we'll see some big retracement (overnight 139.90?), since the market is strongly oversold.

#23,504
Mar 15, 2017 1:13am Mar 15, 2017 1:13am

barloc
Joined Nov 2012 | Status: Trader | 497 Posts

Quoting barloc

Disliked

Tomorrow's red news will provide the movement and if the conditions remain the same then it will be a huge sell... okay maybe a huge sell maybe not. On the daily scale we are still in ranging mode.

Ignored

Wtf... yea i meant buy not sell...lol

Dragon Rider

#23,505
Mar 15, 2017 1:15am Mar 15, 2017 1:15am

bogus
Joined Mar 2007 | Status: Symbol | 2,788 Posts

What happened? I'm long from 139.63

FF journal: Peaks and Troffs

#23,506
Mar 15, 2017 1:16am Mar 15, 2017 1:16am

bogus
Joined Mar 2007 | Status: Symbol | 2,788 Posts

That triangle is looking more and more like a compressed spring.

FF journal: Peaks and Troffs

#23,507
Mar 15, 2017 1:17am Mar 15, 2017 1:17am

FxLapozi
Joined May 2012 | Status: Trading from Mars | 830 Posts

Quoting FxLapozi

Disliked

{quote} I think it's pretty likely. Bear is running out of steam at the moment. Rejections occurred not once but twice from the bottom. I see a retest of 140.

Ignored

Done. Let's see if 4x hold.

#23,508
Mar 15, 2017 1:31am Mar 15, 2017 1:31am

Pips_Cruiser
Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts

Quoting bogus

Disliked

What happened? I'm long from 139.63

Ignored

It seems to be catching a ride on G/U strength . . .

#23,509
Mar 15, 2017 1:51am Mar 15, 2017 1:51am

Gbp/jpy
Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts

140.11 line should be drawn in on our charts.......
up to 141.53.....then down forever.....that's the final penultimate top....we goin to the 77area

#23,510
Mar 15, 2017 1:52am Mar 15, 2017 1:52am

Gbp/jpy
Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts

Barloc you crushed that call....good call

quote=barloc;9666058]{quote} Wtf... yea i meant buy not sell...lol[/quote]

#23,511
Mar 15, 2017 2:03am Mar 15, 2017 2:03am

dragonexpert
| Membership Revoked | Joined Feb 2016 | 590 Posts

Strong move. We will face the retracement or more rally with the fundamental moves

Risk comes from not knowing what you're doing.

#23,512
Mar 15, 2017 2:06am Mar 15, 2017 2:06am

IronMike777
| Joined Mar 2017 | Status: Trader | 1 Post

Oohh...The Market makers are in on this. Stop hunting before the plummet.

138.555 TP 1

#23,513
Mar 15, 2017 2:14am Mar 15, 2017 2:14am

Gbp/jpy
Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts

So, that spike high will get passed by 100 pips and down we go....

110 pips maybe....start sellin 141.41....nice gentle scale in with sells

#23,514
Mar 15, 2017 2:20am Mar 15, 2017 2:20am

Gbp/jpy
Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts

Ok, the line should be 140.09.......as just verified......ejected it back up that time any way, huh

ya can see it best on 1H charts......draw. Pitchfork lines and fill in em in as many as ya can........you have the structures the P A follows

#23,515
Mar 15, 2017 6:04am Mar 15, 2017 6:04am