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Dragon Riders GBP/JPY

  • #23,821
  • Apr 11, 2017 8:30pm Apr 11, 2017 8:30pm
Our beloved gbpjpy, doing it's lovely dance for us......best pair to trade with a euro and Gold basket.....usd cad paired with the Gold contrary.....

high water was 24%.....a lovely day tis....it took an hour
  • #23,822
  • Apr 11, 2017 11:41pm Apr 11, 2017 11:41pm
Well it looks like GJ will stay flat here at the daily s1 until gbp news comes out. Time to catch some zzzzzzz's ladies and gents.
I'm your unknown friend!
  • #23,823
  • Apr 11, 2017 11:42pm Apr 11, 2017 11:42pm
It's sittin on the month 50 fibo........worth a buy....
  • #23,824
  • Apr 12, 2017 12:21am Apr 12, 2017 12:21am
Expecting up ...back to 138.2xx.
Stoploss @136.00. gl
  • #23,825
  • Apr 12, 2017 12:49am Apr 12, 2017 12:49am
time for buyers to bounce back
  • #23,826
  • Apr 12, 2017 2:31am Apr 12, 2017 2:31am
this pair is looking good
  • #23,827
  • Apr 12, 2017 2:34am Apr 12, 2017 2:34am
Quoting Gbp/jpy
It's sittin on the month 50 fibo........worth a buy....
☺
sentiment repainting...
  • #23,828
  • Edited 4:51am Apr 12, 2017 2:34am | Edited 4:51am
I am GBPJPY rider .
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Exits == most important part of your strategy
  • #23,829
  • Apr 12, 2017 2:42am Apr 12, 2017 2:42am
Quoting edmun1388
I am GBPJPY rider . {image} {image}
did u close ? or ride with the news?
  • #23,830
  • Apr 12, 2017 2:58am Apr 12, 2017 2:58am
There seems to be some buy interest in 136.70 area. Watching UJ as it is at very important level now (hit bottom of downside channel). Looking to sell again above 138.5
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  • #23,831
  • Edited 3:33am Apr 12, 2017 3:12am | Edited 3:33am
Quoting donkeyg
{quote} did u close ? or ride with the news?
closed 1/3 , reason M30 stochastic overbought & price reach resistance , remain 2/3 chase till end of trend or reverse of trend. OR
TP 137.190 then 137.610.

* add : M30 tweezer_top

* I will not close unless see some reverse strong strength M15
** please note , I do not care news and never read news
Exits == most important part of your strategy
  • #23,832
  • Apr 12, 2017 7:43am Apr 12, 2017 7:43am
Getting prepared for 134.30. Looks like it s time for cable to break below 1.24 again.
  • #23,833
  • Apr 12, 2017 8:11am Apr 12, 2017 8:11am
The question is: will it be a quick dump or a pump and dump below 136 at the beginning of US trading session...? We ll see soon
  • #23,834
  • Apr 12, 2017 8:39am Apr 12, 2017 8:39am
Why is yen weakening all of a sudden?
  • #23,835
  • Apr 12, 2017 9:07am Apr 12, 2017 9:07am
seems like 136 is holding for now. Preparing to buy after a second test.
  • #23,836
  • Apr 12, 2017 9:10am Apr 12, 2017 9:10am
Quoting ThreeHalf
Why is yen weakening all of a sudden?
Simple price action. GJ has created a fresh low, but it isn't going to keep dropping without some sort of retest. 136.161 is the spot to take profit by the sellers, but your sl is all the way at the months high of 138.226
I'm your unknown friend!
  • #23,837
  • Apr 12, 2017 9:14am Apr 12, 2017 9:14am
I'm getting a little greedy here: [email protected]
  • #23,838
  • Apr 12, 2017 9:18am Apr 12, 2017 9:18am
Quoting MixiFX
I'm getting a little greedy here: [email protected]
How are you being greedy when your order which hasn't even triggered is above high of the day?
  • #23,839
  • Apr 12, 2017 9:20am Apr 12, 2017 9:20am
Quoting ThreeHalf
{quote} How are you being greedy when your order which hasn't even triggered is above high of the day?
Well...optimistic would be a more proper term.
  • #23,840
  • Apr 12, 2017 9:30am Apr 12, 2017 9:30am
Quoting MixiFX
{quote} Well...optimistic would be a more proper term.
Looks bullish to me
This is not investment/trading advise. Will not hold accountable for loss
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