This is building for a pop up...

Dragon Riders GBP/JPY

Didn't happen on 1H. This is some flawless big money execution on all EUR, NZD, and GBP pairs. Sometimes these guys (algorithms or traders, I don't know, but big money for sure) impress me to no end. Now EG gonna drop into 0.7098

Cable Update (GBPUSD)

Waiting to see if this is just stop hunting for all the shallow longs that got in on retail sale number this morning Add: Check out GN, this suspense is killing me. I really want to long on this setup but gonna wait to see if price returns above ...

Cable Update (GBPUSD)

To be fair it always has reacted before the news sometimes (I know, I know "always" "sometimes"... ). Take care to not get caught on the wild side

Dragon Riders GBP/JPY

Market is sometimes very volatile on London open. Especially when Carney speaks later in the day (in 2.5 hours).

Dragon Riders GBP/JPY

I got kicked out of this one yesterday. Don't feel comfortable chasing the long so gonna observe for now. Nice job for anyone who caught it

Dragon Riders GBP/JPY

We're at a weekly flip-zone that has been valid since ~1996/1997. On the 4-hour the market used up the long orders from 6 Sep (1), 2 Oct (2), 6 Oct (3), 7 Oct (4), reacted to the flip-zone and dove into 2 Oct area (5). Today or next week we will see ...

Dragon Riders GBP/JPY

Much better is to be patient and wait until all the stops have been hit and the price returns and closes under/over a resistance/support (depending on scenario). Glad to see you still around and progressing Talzus

Dragon Riders GBP/JPY

Cheers. I said what I wanted to For now going back to the mental drawing board, going to spend 7-8 days ghost trading and see if I can restore focus...

Dragon Riders GBP/JPY

Your consistent patience impresses me to no end, Ray. Through the years I have reached a point where my analysis is solid when the conditions are right but I greatly lack in the long-term patience department. After 3-4 months of consistent ...

Dragon Riders GBP/JPY

I've been wanting to refresh on this topic, cheers

Which type of trader are you?

Hi Gama, I would advise you to get into psychology, mass psychology (sociology) and philosophy. I have a university degree in economics, I've been trading for seven years and that's just not what helped me improve my trading. Honestly despite all ...

A year and a half experience and still facing difficulties

Thread gradually changed once you were gone, Ray. Glad to see you back

Dragon Riders GBP/JPY

It would be a mindblowing finish to an overall untradeable day. Especially GBPNZD. My guess is that so many accounts got blown today across the world that it's ridiculous. Eerily quiet in here too...

Cable Update (GBPUSD)