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Dragon Riders GBP/JPY

  • #23,661
  • Apr 3, 2017 10:05pm Apr 3, 2017 10:05pm
Buyin here at 137.85 for 139.09 and selling there...

sellin till 139.37......139.57 stop
  • #23,662
  • Edited 11:35pm Apr 3, 2017 10:50pm | Edited 11:35pm
Quoting Gbp/jpy
Buyin here at 137.85 for 139.09 and selling there... sellin till 139.37......139.57 stop
sorry didnt get you.. u buying or selling ??
u buying @ 137.85 and ur target is 139.00 right??
  • #23,663
  • Apr 3, 2017 11:17pm Apr 3, 2017 11:17pm
Quoting Gbp/jpy
Buyin here at 137.85 for 139.09 and selling there... sellin till 139.37......139.57 stop
what happened 133 days ago?
  • #23,664
  • Apr 3, 2017 11:33pm Apr 3, 2017 11:33pm
Yep buyin.....stop is simple, you guys jump in.....
buying from 137.29...... it went past a little....up now to 139.14,... so I have a sell entry order at 139.09....139.47 is the last sell so I ordered 139.41.... and like that
  • #23,665
  • Apr 3, 2017 11:36pm Apr 3, 2017 11:36pm
My lines show at 138.48....138.73.....139.14 and 139.47 reverse lines now that we lost that sharp reject that went bullish for two days

editt so it's sells......ya don't have to buy like I am.....sells take priority

as I pass each level the stops in the buy are like 18 pips below those lines
  • #23,666
  • Edited 2:36am Apr 4, 2017 1:13am | Edited 2:36am
Bottom of the weekly cloud, along with various technical support is 137/137.2

Below here, I am looking at sub 100 with 129x next. 95 still in play
  • #23,667
  • Apr 4, 2017 1:24am Apr 4, 2017 1:24am
Ok I've been trading this and mainly this for the last couple months so I'm gonna weigh in also as I've been inactive on ff.

I'm short until 136.60 then I'll reverse
So looking to get heavy long somewhere just above the weekly s2.
If we trade that low I'm assuming the pair is oversold and could possibly run stops on the previous swing low (weekly) that we're approaching before reversing and running highs above 140
  • #23,668
  • Apr 4, 2017 2:36am Apr 4, 2017 2:36am
u guys ready?...buying now...All in
Newbie trader but full of surprises
  • #23,669
  • Apr 4, 2017 2:46am Apr 4, 2017 2:46am
Quoting Archaicsiman
u guys ready?...buying now...All in
How much size? I'll sell it to you
  • #23,670
  • Apr 4, 2017 6:17am Apr 4, 2017 6:17am
Now 138.13 is the top...to break up is key for buys.....or it keeps on trucking lower in steps on that trend line down

Aussie is buying now.....has it found the bottom.....needs to rally badly

buyin time on the timing system
  • #23,671
  • Apr 4, 2017 6:24am Apr 4, 2017 6:24am
Agreed there....136.64 is pulling it like a magnet.....scaling in starting at 136.96

Quoting RBlackburn
Ok I've been trading this and mainly this for the last couple months so I'm gonna weigh in also as I've been inactive on ff. I'm short until 136.60 then I'll reverse So looking to get heavy long somewhere just above the weekly s2. If we trade that low I'm assuming the pair is oversold and could possibly run stops on the previous swing low (weekly) that we're approaching before reversing and running highs above 140
  • #23,672
  • Apr 4, 2017 6:47am Apr 4, 2017 6:47am
Attached Image (click to enlarge)
Click to Enlarge Name: bigresis.PNG Size: 26 KB


I took a look at the 30min and GJ just touched a trend line created yesterday, The last 30 min candle closed right on it, and now the question is if it can close across it! If so, we can have a nice cup and handle formation on the 30m. I have taken a long looking for a +45 position!
Attached Image (click to enlarge)
Click to Enlarge Name: bigresis.PNG Size: 26 KB
I'm your unknown friend!
  • #23,673
  • Apr 4, 2017 8:45am Apr 4, 2017 8:45am
Attached Image (click to enlarge)
Click to Enlarge Name: bigresis2.PNG Size: 29 KB


Clearly that trend line is holding GBP/JPY back, but I expect a break before US session. I have closed my longs, reloaded a much smaller long, and will simply wait this price action at this trend line.


TP is 138.154.
I'm your unknown friend!
  • #23,674
  • Apr 4, 2017 9:18am Apr 4, 2017 9:18am
Hi RainBowDash....after that 139.xx high we should go down to 133

good looking graphic up there
  • #23,675
  • Apr 4, 2017 9:20am Apr 4, 2017 9:20am
NEW test M15
PO short M15 at 157.520 with time limit {if green bar next 1-2 bars , cancel PO]

===
so now I have
GBPJPY M30 - PO long 137.960
GBPJPY M15 - PO short 137.520

GBPUSD - PO short 1.2423
Exits == most important part of your strategy
  • #23,676
  • Apr 4, 2017 10:19am Apr 4, 2017 10:19am
Bought at 137.63 target 138.93
  • #23,677
  • Apr 4, 2017 10:37am Apr 4, 2017 10:37am
Quoting Gbp/jpy
Hi RainBowDash....after that 139.xx high we should go down to 133 good looking graphic up there
I honestly have no idea how you know it will drop, but I sure hope it goes up to my TP. From that point on, I will simply have to wait for higher tf confirmations before entering again.
I'm your unknown friend!
  • #23,678
  • Edited 11:49am Apr 4, 2017 11:32am | Edited 11:49am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 3 KB

stop loss 12 pips only.
Attached Image (click to enlarge)
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Exits == most important part of your strategy
  • #23,679
  • Apr 4, 2017 1:03pm Apr 4, 2017 1:03pm
We've had a couple of good down days on PoundYen.

Now sitting at another possible resistance before the new day starts.
Here in the .80's gives a 20-30 pip stop for a new run lower in Asia.

If the 15 minute price action (currently above it's kijun-sen) continues higher, then maybe the downside is done for now. We will see in a couple of hours.
If PoundYen is going to make another run lower today, and that's just the way it is,...... then I like it below 138. And when the attempts to go higher come, as they usually do, If I see those attempts getting rejected after very weak looking attempts to break and hold above 138 ??

If it goes lower today, I'm going with it.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_H1.png Size: 21 KB
  • #23,680
  • Apr 4, 2017 5:02pm Apr 4, 2017 5:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: bigresis3.PNG Size: 27 KB


Hello everyone. You can see that my prediction of GJ breaking that trend line came true! The price should be attacking my TP very soon. Al though I have taken profit, I will hope for a small retrace to reload to the long.
I'm your unknown friend!
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