Read about Carney's speech. Nothing major so far. Pretty much him saying that everything is within expectations.

Dragon Riders GBP/JPY

No, my good man, you're doing it wrong. image

Dragon Riders GBP/JPY

150pips? Oh, that'll be hard. Unless the prices are ripe for a retracement or another leg upwards, we don't get a clear signal with the geppy. Are you by chance new in trading the gbp/jpy? If so, just know that while the gbp/jpy is volatile & can ...

Dragon Riders GBP/JPY

Beware the Carney. BOE Carney (and the BOE as a whole) has had a habit of being hawkish in the past few months, but really, the overall data for the UK doesn't really match that. I mean, just look at the cable (gbp/usd). They kept encouraging the ...

Dragon Riders GBP/JPY

Hey ray, is it possible that we'll actually go back to 181.50, or around 182.20/00? I expected a pretty hefty drop (below 182.80 at least), but this went a bit faster than expected.

Dragon Riders GBP/JPY

My picture might look confusing...but I think most people can see it. image Two initial points to take profit, and am currently watching previous supports. Already locked in a week's worth of profits; I had a very big order for selling at the ...

Dragon Riders GBP/JPY

Hah! My words exactly as well. Good to see that we're both on the same side, gman, with virtually the exact same price and target. I just updated my previous post only to see that you've beaten me to the punch by 8 minutes.

Dragon Riders GBP/JPY

Let's see: rejection at the 50% halfway point between two fib points (183.60, 184). USD/JPY facing resistance at the new resistance of 122, and it's looking a tad bit overbought on the hourly. The usd/jpy doesn't go down now, there's a good chance ...

Dragon Riders GBP/JPY

If 183.60 becomes new support, I'm eyeing 184.30-ish as the first major resistance. We'll also encounter a resistance at 184, but a bullish momentum is more likely to just go through that. Biggest immediate hurdle for gbp/jpy to overcome (if ...

Dragon Riders GBP/JPY

Made a large trade for long. Felt that chart movements were heading up within the hour-and it did. Ultimate TP at 184, partials to be taken at 183 & further profits to be locked in there as well. image It paid off quite nicely. Can't trade as much ...

Dragon Riders GBP/JPY

Maybe, maybe. Could go either way for now: If we get a bounce, I'm looking at somewhere around 183.20 intially as a possible place to short. We also might go down lower or just test 182.50 with a slightly extended dip before range trading/bouncing ...

Dragon Riders GBP/JPY

182.750 is technically the 161.8% extension of the fall from 185...wonder if that'll put a stopper on the downward momentum with a small bounce before continuing to 182.50

Dragon Riders GBP/JPY

Continued to add shorts at 183.15 with a VERY tight SL when the price bounced. I had a very strong (and possibly suicidal hunch) that was market was inching to a breakout within 15min. of the announcement.....and here we are All hail price ...

Dragon Riders GBP/JPY

Imagine if 183.60 lasts right up to Friday. That'll be fun. and the thing is, I wouldn't be surprised if that did happen, since it's the dragon we're talking about, after all.

Dragon Riders GBP/JPY

Cant imagine eur/usd breaking 1.1080 prior to Friday's NFP. Do you think we'll get a decent enough bounce there to load a short? My trader took profit on my 1.12 short early at 1.1150, since I didn't think it'd break so quickly. I thougt it might ...

EURUSD

approaching 183.60 again...this time, we'd better hit 183.600 itself. Last time, we barely scraped below 183.70. I have a small long at 183.60, but I'm not too confident-we'll get a bounce, but the lack of bullish fervor from good UK data seems to ...

Dragon Riders GBP/JPY