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- Feo replied Jun 22, 2016
I usally keep a mental of 50, only because I see what happens once price gets to 50 marks against me. Other times I place a 19 pip stop. Now I have my stop at 153.67 Weekly S1 at 152.74 is last support before the buys kick in at daily S1 152.11.
Dragon Riders GBP/JPY
- Feo replied Jun 22, 2016
Ok,so back here at 153.37 again which I spoke of yesterday as a play to sell at London open.
Dragon Riders GBP/JPY
- Feo replied Jun 22, 2016
Cable is also at a critical point here, yesterday ended in a doji. The 4hr macd looks set to cross down. 1.4660 is the weekly pivot of the first week of this year, it has basically been the cap of the highs in a way this whole year. 1.4631 is100 ...
Dragon Riders GBP/JPY
- Feo replied Jun 22, 2016
Morning Cowboys & Ladies Ok, for me to go long, price ha to come back to my current short from 154.17, I seriously doubt that What I'm looking foris price to break daily pivot at 53.24 then continue down to weekly pivot at 49.05. Every week the 4hr ...
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
Daily shows, that when macd crosses, more often the next bar is a reversal. Especially te attitude of the cross. If it is a strong cross from the bottom without a pause before the cross, then reversal chance even stronger
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
Hello Ok, short from 154.17. I see weekly R1 at 152.74, so look looking to short again at the 153.74 region (100 marks up from the weekly R1) Or possibly from day R1 at 153.64
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
cable going do one of those free falling jobbies again
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
The daily pivot is too far down, for it to cause price to come back to here I feel
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
If it can move up to close this hour above 154.14, then it's be a better sell at 154.07 Or if this hour can close above 153.69 then a better sell at 153.61
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
London open 153.59, So if this hour close above daily R1 at 153.64, Then I shall sell at 153.57
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
Could you share where I can see the order books please? And on Brexit. The UK public is under the impression that they get to "vote" so to speak. Their vote is not going to count for anything. The migration last year was planned, in order to get ...
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
Remember, Tuesdays Bias is towards the weekly pivot Tick chart just shows price movement. Forex price movement is not at all similar to that of stocks. When more people by a stock, then the value goes up, so the price goes up. Forex price indication ...
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
cable has monthly R1 here at 1.4730. So I expect this hour to close above it, which is also the 3hr close, then we have a reveal setup perhaps. This could coincide with GBPJPY closing the hour above Day R1
Dragon Riders GBP/JPY
- Feo replied Jun 21, 2016
Nothing waisted as yet. Market closed above 52, so sell at 47. Market did not close above 64, so no sell at 57
Dragon Riders GBP/JPY