Looks like G/J is going up today. Waiting for confirmation to enter.

Dragon Riders GBP/JPY

G/U and U/J have touched weekly support. Will G/J make it?

Dragon Riders GBP/JPY

I agree. It's a strong support so that'll be the price I watch for reversal confirmation. Until then, I'll stay away from market. Good luck and green pips to you all who are still in the market. Note to self: Cut your losses short, let your profits ...

Dragon Riders GBP/JPY

Those sharp movements... Luckily I've taken my profit already.

Dragon Riders GBP/JPY

Too many variables are against rate hike this month. Maybe December or early quarter next year. ----------------------------------- Entered short from 130.969. Let's see what I'll get.

Dragon Riders GBP/JPY

Still waiting for entry confirmation on H4 and H1. Not gonna enter blindly.

Dragon Riders GBP/JPY

Been there, done that. Glad to meet fellow trader who thinks realistically.

Dragon Riders GBP/JPY

Yea, I was just saying my opinion. Unless I can predict the future 100% all the time, I will never do that crazy gamble.

Dragon Riders GBP/JPY

Doubling the account in a day isn't what professional traders will do with their main account. It's more like gambling than trading. GBP/JPY has broken first daily resistance, USD/JPY has broken second daily resistance, GBP/USD is testing the ...

Dragon Riders GBP/JPY

GBP/JPY has moved up over 200 pips, even after the better than expected interest rates announcement. Looks like it's time to soar for the mighty dragon. I'll be watching in big TF whether this move will last or not.

Dragon Riders GBP/JPY

Careful with the sudden high volatility there. Gamblers just made the price go down 40 pips and brought it up again soon after. Using big TF might reduce the risk a lot.

Dragon Riders GBP/JPY

That moment when you realized you got out from trade too fast... I should've utilized SL instead of getting out. Oh, well. Lesson learned. Hopefully I won't do the same mistake again. Looking for entry opportunity around 129.10.

Dragon Riders GBP/JPY

Market's bias is still short, however it might change if JPY easing program works to convince the market to sell JPY tomorrow. If the program failed, expect a break below 129.10, otherwise it might soar up above 138.80.

Dragon Riders GBP/JPY

I think the probability of JPY easing is quite big. As the previous negative interest rates method didn't work, BoJ might try more desperate measures to devaluate its currency. Add that with the 18% chance of USD increasing rate on September. GBP ...

Dragon Riders GBP/JPY

Those 2 pairs make GBP/JPY looks like docile Dragon. I refuse to get involved with them again.

Dragon Riders GBP/JPY

133.30 was previously strong support turned resistance. I'd say the price will bounce down again and ranging until Wednesday's BoJ news. Then it will either be shot down or soar up. 1 thing for sure, this will be reversal/retracement or continuation ...

Dragon Riders GBP/JPY

The reason of the fall was because investors were being pessimistic about how UK can hold out after Brexit. Post-Brexit HI news showed there was a slow down in UK economy, which might get worse in upcoming months. Once most, if not all, HI news ...

Dragon Riders GBP/JPY

133.30 reached. Next stop, 129.10. Have a wonderful weekend!

Dragon Riders GBP/JPY

I wouldn't enter long while the market bias is heavily supporting short. -------------------------------------------------------------------------------------- Seems like the market is trying to reach 133.30 today. That's a big move after almost 1 ...

Dragon Riders GBP/JPY

I love trending market. Key supports are at 133.30 and 129.10. A confirmed break below 129.10 might lead to 117.40, which is the monthly and weekly support for GBP/JPY. Trade carefully.

Dragon Riders GBP/JPY