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Dragon Riders GBP/JPY

  • #23,681
  • Apr 5, 2017 12:28am Apr 5, 2017 12:28am
I have 3 open orders. 2 .03 orders a .06 order and a .1 order! risking 32 of my 2727 GBP Stop loss is daily s1 shown on screen. A close across it on the 30 min chart to be exact.

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  • #23,682
  • Apr 5, 2017 12:37am Apr 5, 2017 12:37am
GBP/JPY news expected in less than 3 hours. That should give the start of the candle which will hit my TP. This formation on the 30 mins has really dragged itself out and on the lower time frames, it is much crazier. GBPJPY on the lower is a quick 15-30 pip trade and trail it 29.5 pips.
I'm your unknown friend!
  • #23,683
  • Edited 1:27am Apr 5, 2017 1:16am | Edited 1:27am
5 April
=====
[GBPJPY M30 strategy]

//----------------------------------------------+
// Long[00]
// Short[01] 1 trade 1 win 0 loss
//----------------------------------------------+

pending order long 138.038 (real)

[H4 strategy]

GBPUSD PO short 1.24230

USDJPY resistance 110.99 , wait break up
EURJPY resistance 118.5030 , wait break up

long GJ below is new test M15 strategy, may not profitable.
Attached Image

* closed -20 , none profitable M15 strategy ,
Exits == most important part of your strategy
  • #23,684
  • Apr 5, 2017 1:35am Apr 5, 2017 1:35am
GBPJPY is really moving in this wide range, yet 137.401 I will buy more to avg loss, as range still should rise from here before reaching 137.08 on 30 min. The 137.401 price is 50 % from low to high during us market.
I'm your unknown friend!
  • #23,685
  • Apr 5, 2017 1:55am Apr 5, 2017 1:55am
A serious case of group think might be setting up here
  • #23,686
  • Apr 5, 2017 2:06am Apr 5, 2017 2:06am
if break down
TP1 137.207
TP2 136.444 lowest price of 2017 !!!

Dont miss this trade if break down
Exits == most important part of your strategy
  • #23,687
  • Apr 5, 2017 5:09am Apr 5, 2017 5:09am
Quoting edmun1388
if break down TP1 137.207 TP2 136.444 lowest price of 2017 !!! Dont miss this trade if break down
Oh , No .. I loss my pocket money ..
Exits == most important part of your strategy
  • #23,688
  • Apr 5, 2017 6:02am Apr 5, 2017 6:02am
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The M30 gave me the perfect candle, as it was a massive +50 pip candle which hit my TP. Now waiting for next signal on this TF is the issue.
I'm your unknown friend!
  • #23,689
  • Edited 7:21am Apr 5, 2017 6:57am | Edited 7:21am
TP1 138.580
TP2 138.75 reached
TP3 139.425 ( 1/3 year GJ price level )

my 1st real trade max 215 pips , let see this 2nd can reach how many.
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Exits == most important part of your strategy
  • #23,690
  • Apr 5, 2017 8:05am Apr 5, 2017 8:05am
Quoting edmun1388
5 April ===== [GBPJPY M30 strategy] //----------------------------------------------+ // Long[00] // Short[01] 1 trade 1 win 0 loss //----------------------------------------------+ pending order long 138.038 (real) [H4 strategy] GBPUSD PO short 1.24230 USDJPY resistance 110.99 , wait break up EURJPY resistance 118.5030 , wait break up long GJ below is new test M15 strategy, may not profitable. {image} * closed -20 , none profitable M15 strategy ,
[H4 strategy]

GBPUSD PO short 1.24230 ===> fail

USDJPY resistance 110.99 , wait break up === > break up
EURJPY resistance 118.5030 , wait break up ===> break up
Exits == most important part of your strategy
  • #23,691
  • Edited 9:28am Apr 5, 2017 8:59am | Edited 9:28am
That sell is nearing, huh!.....139.10 is my first sell....and one more at 139.36 or so

small little stops

target way down there in the PAWPAW patch
  • #23,692
  • Apr 5, 2017 9:26am Apr 5, 2017 9:26am
Quoting Gbp/jpy
That sell is nearing, huh!.....139.10 is my first sell....and one more at 139.36 or so small little stops
Bro , 139.427 is 1/3 year level .
UJ & UJ h4 break resistance also , what you think.
Exits == most important part of your strategy
  • #23,693
  • Apr 5, 2017 9:40am Apr 5, 2017 9:40am
RainBowDash, baby,,,it says new member by your. Handle but you're a pro

Quoting RainBowDash
{image} The M30 gave me the perfect candle, as it was a massive +50 pip candle which hit my TP. Now waiting for next signal on this TF is the issue.
  • #23,694
  • Apr 5, 2017 9:46am Apr 5, 2017 9:46am
I didn't trade it but looking at this chart earlier noticed 139 would be a good sell. The chart is just a brutal sea of resistance for about 400-500 pips. Will need some major news to break through to the upside but you never know.... getting above 139.40 would be a good start but seems doubtful lets see.
Loser trying to become a winner!
  • #23,695
  • Apr 5, 2017 9:49am Apr 5, 2017 9:49am
Quoting Gbp/jpy
RainBowDash, baby,,,it says new member by your. Handle but you're a pro {quote}
I wish I was a Pro! I am still learning how to use the lower tf, but I have a pretty good grasp of the higher tf.
I'm your unknown friend!
  • #23,696
  • Edited 10:17am Apr 5, 2017 9:54am | Edited 10:17am
We're in the buy segment of the day now.......euro and gbpxxx.gl to us.....buy for three hours in a minute here

139.17 is R2 on the daily........so sell more there , huh! Maybe not waiting for the higher one , just observe the 5 minute slo sto about then.

Waiting for this drop to hit 138.56.....
  • #23,697
  • Apr 5, 2017 6:14pm Apr 5, 2017 6:14pm
Now we can get even more drop in this gbpjpy.... from my sell on the cable....to 1.2411 or so then a pull back a little then more down....GBPUSD
  • #23,698
  • Edited 8:33pm Apr 5, 2017 7:20pm | Edited 8:33pm
It's a short buy to 139.07 or more....edit to add....137.78 was the number......so stop is tight below there for the buy....11 pips the final of three.....
naw this is taking too long....selling now stop is close enough at 138.38
  • #23,699
  • Apr 5, 2017 9:28pm Apr 5, 2017 9:28pm
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The spinning bottom is a clear sign that a strong possible move up on the lower tf is to occur. What I have done is taken a small sell, in case it makes a strong run to the low, 137.469.... While having a pending buy of .3 lots at 138.109 in case it is a long bullish candle on the lower that sets off the "expected run up". This setup wil more than likely take hours to complete, but it should give us enough profit with the right money management.
I'm your unknown friend!
  • #23,700
  • Apr 5, 2017 9:42pm Apr 5, 2017 9:42pm
Quoting RainBowDash
{image} The spinning bottom is a clear sign that a strong possible move up on the lower tf is to occur. What I have done is taken a small sell, in case it makes a strong run to the low, 137.469.... While having a pending buy of .3 lots at 138.109 in case it is a long bullish candle on the lower that sets off the "expected run up". This setup wil more than likely take hours to complete, but it should give us enough profit with the right money management.
There is the attack to the low which I mentioned not to long ago. I have now closed the sell and look to lower tf for another entry, using my expected tp on the 15m.

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I'm your unknown friend!
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