For now, W1 looks bearish, D1 is at critical level, H4&H1 keep bouncing downward. m5 is really a mess but it seems like heading south. The dragon is really hard to tame.

Dragon Riders GBP/JPY

Fake break below 135.00 yesterday. The price has moved back to range area between 135.00 - 136.41.

Dragon Riders GBP/JPY

Looks like the bulls ain't giving up yet. Currently retesting 200 EMA at H4.

Dragon Riders GBP/JPY

135.00 has been broken. Let's see how low it will dive. Weekly supports are at 129.00 and 117.40. Daily supports are at 133.30 and 129.00. Trade carefully.

Dragon Riders GBP/JPY

W1 > GBP is testing 138.60 resistance area, D1&H4 > GBP is testing 135.00 support, H1 > GBP is consolidating between 135.00 to 137.00. It's like a calm moment before storm. Trade carefully.

Dragon Riders GBP/JPY

It's the end of the week. All traders who don't want to expose their accounts to weekend risk are closing their trades.

Dragon Riders GBP/JPY

Not much, I still have a lot to learn. Scalpers can make lotsa profits there due to lots of sideways. I prefer more stress free method with big timeframe.

Dragon Riders GBP/JPY

I think that's the trade for this week. I wish you all a wonderful weekend!

Dragon Riders GBP/JPY

137.40, 138.70, 143.10, 145.40, and finally 151.60 if all HI news data are better than expected. 151.60 might take 2 or 3 weekly candlesticks to reach, though.

Dragon Riders GBP/JPY

Solid analysis you have there.

Dragon Riders GBP/JPY

Thanks a lot, mate! Gonna try it out immediately!

Dragon Riders GBP/JPY

The price has reached daily support at 135.00. Next supports will be at 133.30 and 128.80. Probably gonna consolidate around 135.00 for the rest of this week.

Dragon Riders GBP/JPY

The dragon is sleeping.

Dragon Riders GBP/JPY

Seems like the price is consolidating between 135.40 and 136.00.

Dragon Riders GBP/JPY

If 135 is broken then it might go back down to 129.00 area. Another break of that level means the dragon is looking for a deeper valley to land.

Dragon Riders GBP/JPY

The price is currently testing H4 support at 135.40.

Dragon Riders GBP/JPY

Will the dragon soar through the blue sky or dive towards the green land? Hang on tight so you won't fall to your death.

Dragon Riders GBP/JPY

H1 support is at 135.80 - 136.10, H4's is at 135.40 - 135.70, D1's is at 135.00 - 135.30. A break of D1 support might make the price re-test the W1 support at 128.70 - 129.00. Further break at W1 support might bring the price to M1 support. ...

Dragon Riders GBP/JPY

The 1st support has been broken. Daily chart shows sign of retracement. Might go deeper if the news today is worse than expected. This is true. GBP/JPY can only be lucrative for those who knows how to ride the trend. Most will be wiped clean of ...

Dragon Riders GBP/JPY

Babypips has a good collection of guidance, so does DailyFx and other sources (mostly random search through internet, books, and e-books for me). Can't really remember the sources, though.

Dragon Riders GBP/JPY