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Dragon Riders GBP/JPY

  • #24,481
  • Jun 20, 2017 2:31am Jun 20, 2017 2:31am
Closing and reversing.
  • #24,482
  • Jun 20, 2017 2:32am Jun 20, 2017 2:32am
Hope you guys had your stops in place
Just my 2 cents worth
  • #24,483
  • Jun 20, 2017 2:33am Jun 20, 2017 2:33am
Quoting Guy Mann
Hope you guys had your stops in place
Yeah no problem, Plan B is in effect now.
The drop is going to be huge.

Oh well, so be it.
  • #24,484
  • Jun 20, 2017 2:43am Jun 20, 2017 2:43am
Going to let the dust settle, If 141.33 holds then i'm still looking long. I thought it would push down. But then that's me being a swing trader
Just my 2 cents worth
  • #24,485
  • Jun 20, 2017 2:45am Jun 20, 2017 2:45am
Quoting Guy Mann
Going to let the dust settle, If 141.33 holds then i'm still looking long. I thought it would push down. But then that's me being a swing trader
I suggest you forget about being long now, we have an entirely new situation here.
  • #24,486
  • Jun 20, 2017 2:47am Jun 20, 2017 2:47am
Quoting alexpi
{quote} Once enough small-time bulls get on board it will create a new 1-month bottom
Well would you look at that.

Sell limit and sell stop triggered
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  • #24,487
  • Jun 20, 2017 2:52am Jun 20, 2017 2:52am
Market is now testing yesterday's low (141.60).
  • #24,488
  • Jun 20, 2017 2:56am Jun 20, 2017 2:56am
Quoting Mr Breakout
Market is now testing yesterday's low (141.60).
I have yesterday's low at 141.339
Just my 2 cents worth
  • #24,489
  • Jun 20, 2017 3:00am Jun 20, 2017 3:00am
Quoting Guy Mann
{quote} I have yesterday's low at 141.339
From 6/19 midnight to 6/19 11:59 PM, New York time?
  • #24,490
  • Jun 20, 2017 3:01am Jun 20, 2017 3:01am
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #24,491
  • Jun 20, 2017 3:05am Jun 20, 2017 3:05am
GBP/JPY is about to resume its downtrend...
  • #24,492
  • Jun 20, 2017 3:06am Jun 20, 2017 3:06am
Quoting Mr Breakout
{quote} From 6/19 midnight to 6/19 11:59 PM, New York time?
GMT +2
Just my 2 cents worth
  • #24,493
  • Jun 20, 2017 3:08am Jun 20, 2017 3:08am
Quoting Mr Breakout
GBP/JPY is about to resume its downtrend...
its depend on GU..

looks like for now its breaks a bit but we have all day ahead of us

Cheers
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #24,494
  • Jun 20, 2017 3:20am Jun 20, 2017 3:20am
Quoting Almo2312
{quote} its depend on GU..
Of course, but GU itself is stuck at the extreme low of the down move, which is a good sign as far as short selling is concerned.

Alright off to bed now.

Cheers.
  • #24,495
  • Jun 20, 2017 3:25am Jun 20, 2017 3:25am
Quoting Mr Breakout
GBP/JPY is about to resume its downtrend...
We are at some strong support. A break and hold should yield a good down move.
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Excellence is not an act but a habit.
  • #24,496
  • Jun 20, 2017 3:26am Jun 20, 2017 3:26am
I'm still holding a possible long at 140.67 which is the 4hr MM blue line 4/8. Let's see what happens then.
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Lost....
  • #24,497
  • Jun 20, 2017 3:37am Jun 20, 2017 3:37am
Quoting diana91
{quote} I don't know if you hate it or love it, but you already took money from some of thousands of FF members. I am 100 percent sure in that. BTW, on daily we are still in full bull domination, so I wouldn't even think of shorting yet.
its a Short as pointed out yesterday, the daily isnt where it turns (reverses) Daily is too big of a chart
  • #24,498
  • Jun 20, 2017 3:46am Jun 20, 2017 3:46am
Quoting rmrf
{quote} its a Short as pointed out yesterday, the daily isnt where it turns (reverses) Daily is too big of a chart
I just took a brief look, I wasn't interested in any of the GBP pairs.

But this what happened today, can change everything.

And regarding too big chart or to small, that is relative. To a scalper daily is most of the time meaningless. To a swing and position trader, daily together with H4 is a chart to be oriented at.
"Don't lose your cool, and you will fare well".
  • #24,499
  • Jun 20, 2017 3:48am Jun 20, 2017 3:48am
Quoting 4undmanager
{quote} We are at some strong support. A break and hold should yield a good down move. {image}
we call that DS1 141.472 last I checked, do you know why its support? I can tell you if you dont know, forget how many funds I manage, it is either banana pudding or it isnt its very easy to tell! Stick your finger in and lick it. but really nothing I see in london session going to help it back up, continuation down, I sqr'd up the short from yesterday for a meager 40 pips, did I mention an EG long for good measure? added SL+TS to that one locking in profits, looking to add more GJ short again off the top 142.50
  • #24,500
  • Jun 20, 2017 3:54am Jun 20, 2017 3:54am
Quoting diana91
{quote} I just took a brief look, I wasn't interested in any of the GBP pairs. But this what happened today, can change everything. And regarding too big chart or to small, that is relative. To a scalper daily is most of the time meaningless. To a swing and position trader, daily together with H4 is a chart to be oriented at.
nothing happened today yet, tons of news today, red hot speakers all day in US session, easy pips, the daily chart is to big of a chart to enter trades on, if you use the daily chart to enter orders, I bet throwing darts for entries would be better, unless you are using obvious significant levels, then it doesnt matter the TF.

im not a scalper, but thanks for the TAG, I could be. and the daily isn't useless, its where many of the significant levels are found, but it sure isnt the chart to enter orders on! and the goal of the swing trader is to get long at the bottom and sqr up and get short at the top. But what you fail to realize perhaps is that forex is 100% manipulated (the price). so much of what you imagine to be true just isnt, its how the banks traders take money easily from retail traders, happens everyday.
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