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Attachments: Dragon Riders GBP/JPY
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Dragon Riders GBP/JPY

It seems to be real predictable putting zero on the last top

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its vellroni's chart he posted just now...137.07....135.00....154....164
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Entry deal GJ long missed?
Try a Long GJ when the Nikkei Future is near or in the green box
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don`t lose the goose
I believe it reversed on the 23.6 fib (roughly 138.5) which was wave 2 on my analysis. We'll see if this is the start of wave 3 all the way up to 168.8....
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Quoting gespiri
I believe it reversed on the 23.6 fib (roughly 138.5) which was wave 2 on my analysis. We'll see if this is the start of wave 3 all the way up to 168.8.... {image}
https://www.forexfactory.com/showthr...78#post9969478
#74
agree 138.5
168.8 is sooo fare away ... I cant see in your chart this point of interest marked (reason for 168,8)
don`t lose the goose
Quoting Isabella_D
{quote} https://www.forexfactory.com/showthr...78#post9969478 #74 agree 138.5 168.8 is sooo fare away ... I cant see in your chart this point of interest marked
It is the 261.8 level....normally before or after that where wave 3 ends depending on PA and fundamentals.
Quoting gespiri
{quote} It is the 261.8 level....normally before or after that where wave 3 ends depending on PA and fundamentals.
interesting, I am not familiar with waves - so I will see how your prediction is going on
don`t lose the goose
Long 140.136 Target 140.837
Just 20 pips a day to riches
Wow, ridiculous! This Long trade has been more than 2 hours Long!
It won't go just because I entered, lol.
Looks like I have made a barrier at 140.136 from going up.
Maybe I should just exit to see the price skyrocket. hmm.
Just 20 pips a day to riches
Quoting FastPipn
Wow, ridiculous! This Long trade has been more than 2 hours Long! It won't go just because I entered, lol. Looks like I have made a barrier at 140.136 from going up. Maybe I should just exit to see the price skyrocket. hmm.
Yes, please exit, so we can see this sucker shoot up to my TP of 140.60.
Quoting FastPipn
Wow, ridiculous! This Long trade has been more than 2 hours Long! It won't go just because I entered, lol. Looks like I have made a barrier at 140.136 from going up. Maybe I should just exit to see the price skyrocket. hmm.
I'm dying with laughs... thanks man made my day! Happens to me all the time, thought I was the only one...lol
I'll pick up the crumbs don't need the whole pie
Hello all,

I started trading GBP/JPY recently. So far so good. Wondering if there are any scalpers here.
M15 good day
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Exits == most important part of your strategy
Quoting Pip-Miner
London guys are madly shorting so watch out for the big boy short like yesterday.
Well, seems like these London traders changed their mind

Cordially.
GBP/JPY is now testing the important 76% Fib level (from beginning of the week).

This is the moment of truth folks, will this level stop the uptrend or are we witnessing a complete trend reversal...?

For traders who want to bet on the downtrend this level offers an excellent entry point.
I see 141.15 - 141.50 as sell zone. What do you guys think?

4hr chart
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Bought GBP/JPY at 140.27, 40 pip stop.
Quoting vk79
I see 141.15 - 141.50 as sell zone. What do you guys think? 4hr chart {image}
Nah, GBP/JPY is going to fill the gap (142.30), my friend

Like I said earlier, GBP does not like gap, it makes "him" very nervous and moody.

But yes, there is a resistance at 141.15.
Quoting vk79
I see 141.15 - 141.50 as sell zone. What do you guys think? 4hr chart {image}
I would like to sell it litle bit higher 141.76-141.96.
This level means that GAP will be closed. Anyway its too tricky to have positions before BOE decision.
Quoting Mr Breakout
{quote} Nah, GBP/JPY is going to fill the gap (142.30), my friend Like I said earlier, GBP does not like gap, it makes "him" very nervous and moody. But yes, there is a resistance at 141.15.
Thanks

Quoting LatvianFX
{quote} I would like to sell it litle bit higher 141.76-141.96. This level means that GAP will be closed. Anyway its too tricky to have positions before BOE decision.
I will wait for 142 to sell.
Quoting LatvianFX
Anyway its too tricky to have positions before BOE decision.
True, but the payoff can also be huge...

And most of the time, financial reports just boost an already existing trend.
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