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Dragon Riders GBP/JPY

  • #23,561
  • Mar 22, 2017 4:40am Mar 22, 2017 4:40am
I guess 138.9 is too strong multi year support. I am still trading the range [email protected]
  • #23,562
  • Mar 22, 2017 8:21am Mar 22, 2017 8:21am
Quoting piphunt12
I guess 138.9 is too strong multi year support. I am still trading the range [email protected]
Too strong...until it isn't. Hope you had a small SL on that one. It should now turn into resistance. I'm hoping for a retrace then short from there.
  • #23,563
  • Mar 22, 2017 8:46am Mar 22, 2017 8:46am
Quoting MixiFX
{quote} We are now on an important fibo level (61.8) on the daily chart. If broken, next bigger support on the graph is around 134.30. Of course, it might take some days or even weeks. {image}
The downtrend move might accelerate this days and continue until we hit the 134.30 level. This level seems more probable now as it is fueled by yen strength and ranging cable.
  • #23,564
  • Mar 22, 2017 8:49am Mar 22, 2017 8:49am
It's still a buy though

its in the lines from the original channel out of the bottom....you know.....back when it was in the lower 130's

the channel has a steeper angle....little bit steeper
  • #23,565
  • Mar 22, 2017 8:59am Mar 22, 2017 8:59am
Quoting MixiFX
{quote} The downtrend move might accelerate this days and continue until we hit the 134.30 level. This level seems more probable now as it is fueled by yen strength and ranging cable.
Agree. Yen strenght will hit that level
Risk comes from not knowing what you're doing.
  • #23,566
  • Mar 22, 2017 10:08am Mar 22, 2017 10:08am
It's
Japan's year end.....fiscal year end....target that low cool.......I'm selling the usdjpy....1040 was the target,,,,,lower huh

looking for 137.31 to buy. Everybody ok hope.
  • #23,567
  • Mar 22, 2017 10:18am Mar 22, 2017 10:18am
139.22 on this rise.....then down.....since the 15 M held 138.01
  • #23,568
  • Mar 22, 2017 10:46am Mar 22, 2017 10:46am
You guys see that news.....BBC shots fired outside Parliament.....locked down
  • #23,569
  • Mar 22, 2017 11:12am Mar 22, 2017 11:12am
Just guard the account till 137.31.....then we have a chance...oil going up would help

in Japan their exporters need this bump for contracts......it ends about a day before April......too late for contracts then.....
  • #23,570
  • Mar 22, 2017 11:37am Mar 22, 2017 11:37am
You guys know bout that 4H trade....whichever way the new candle goes 22 pips first is the direction......

so so it's an easy 40 pips usually....or 60 we got one now deciding. Hey there AllyB

editt...this one a sell at 138.26....buy at 138.30
  • #23,571
  • Mar 22, 2017 11:40am Mar 22, 2017 11:40am
not even looking @ dragon chart until UJ 109.90
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  • #23,572
  • Mar 22, 2017 11:45am Mar 22, 2017 11:45am
Quoting Gbp/jpy
You guys know bout that 4H trade....whichever way the new candle goes 22 pips first is the direction...... so so it's an easy 40 pips usually....or 60 we got one now deciding. Hey there AllyB editt...this one a sell at 138.26....buy at 138.30

hey there GJ good to see ya
  • #23,573
  • Mar 22, 2017 1:45pm Mar 22, 2017 1:45pm
Go long with a SL at 135.834, TP at 151.291.
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  • #23,574
  • Mar 22, 2017 6:08pm Mar 22, 2017 6:08pm
Tokyo spress is trying to sell just now.......138.75.....it confirms in an hour
  • #23,575
  • Edited 7:46pm Mar 22, 2017 6:44pm | Edited 7:46pm
Yep wants to sell.....53rd minute is the confirm.....watch that one pop....

on the one minute chart mates....it's a textbook 15 M trade on the slo sto......where's the 333 SMS, it's a textbook 15 M if the 333 is above the P A......... my gaincapitol idjits won't let my mobile go past 200..how long it's been since I saw a respectable 333 sma......I tell ya....I could cry I ain't lyin

target looks like a 137.71 deally...EDITT I'm wrong......138.55 for the target and 139.33 stop, with a 3.5 spread..a little more.!
  • #23,576
  • Mar 22, 2017 7:50pm Mar 22, 2017 7:50pm
That sets the next three trades being below the channel line on the 4H chart and Hourly too

up after this one...to that stop or maybe 12 pips past......then down. Remember, the Japanese exporters.....they got contracts....idk
  • #23,577
  • Edited 8:57pm Mar 22, 2017 8:37pm | Edited 8:57pm
So on that 4H trade ...22 pip range limit.....I posted....it's a sell now at 139.03

goin down to 138.55 I suppose...off that 139.19......hourly chart tells a good story for us. 15 M ...not so much
  • #23,578
  • Mar 22, 2017 9:02pm Mar 22, 2017 9:02pm
Thank you for that graphic, man.......more input the better.....I didn't know we were on the FE 61.8

quote=houtiantan;9697411]Go long with a SL at 135.834, TP at 151.291. {image}[/quote]
  • #23,579
  • Mar 22, 2017 9:05pm Mar 22, 2017 9:05pm
asg....50'on the big chart....wow

cool from 100

Quoting asgcorp
not even looking @ dragon chart until UJ 109.90 {image}
  • #23,580
  • Mar 22, 2017 10:02pm Mar 22, 2017 10:02pm
Quoting Gbp/jpy
So on that 4H trade ...22 pip range limit.....I posted....it's a sell now at 139.03 goin down to 138.55 I suppose...off that 139.19......hourly chart tells a good story for us. 15 M ...not so much
Hope you had a small SL on that one. It should now turn into resistance.
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