You really held on well to that! Edit: Yes, Talzus, that's the point. On the macro level everything is simple once you get it, it's just a matter of taking the time to understand and then learning how to apply it

Dragon Riders GBP/JPY

That's because you need to understand the demand/supply and deal flow that lies below the price movements, why people - whether banks, retail traders, hedge funds, central banks or algorithms (made by people so still human IMO) do what they do. For ...

Dragon Riders GBP/JPY

Regretfully there is no straight answer. That's the reason why I don't trade major news events (UK bank rate votes, FOMC statement, US rates, NFP, Japan rates, Japan central bank press releases to name the most important ones) either. Fundamentally, ...

Dragon Riders GBP/JPY

Still reading it as bearish, but approaching NFP might push me to close soon and wait for the storm to pass. As always, better to miss 100-200 pips profit than get a 50-pip gap loss and feel like hitting my head against a wall for keeping a position ...

Dragon Riders GBP/JPY

Good morning, completely agree that we could be in for a trend reversal on GU in the coming months. Still, the market will do what the market does, which is clearing the stops of fundamentalists longing straight out of the gate, not ...

Dragon Riders GBP/JPY

DP could still go positive, reason why I'm being careful and looking for other confirmations Edit: this looks shaky, out for now. Looking for a retest of 186 to maybe short again Edit2: This is the scenario I'm looking for right now, though ...

Dragon Riders GBP/JPY

Ballsy Edit: Double top on 1M, let's see if it confirms. In if it does Edit2: Shorting from .84

Dragon Riders GBP/JPY

Out for now, wrong is wrong

Dragon Riders GBP/JPY

GU held the 1.55 so I'm with you on that one. Let's see People should be going crazy on the longs after last night's results. Should be a perfect time to drop to 1.505/1.493 and cut some heads off, but as I said we'll see.. The main ...

Dragon Riders GBP/JPY

Wow, that slippage. lights out for the day, good luck to anyone who's trading

Dragon Riders GBP/JPY

What's your gap? mine's 30 pips. Not trading for now, if we get a solid break 1.55 on GU and a good retracement to 1.525 in the coming days I'll be looking for longs in GU/GJ. If 1.55's the ceiling I'll look for shorts on both pairs from ...

Dragon Riders GBP/JPY

I was out too, don't worry markets will keep moving prefer to be out for these kinds of moves

Dragon Riders GBP/JPY

Great people know that there is no reason not to share. In the end every strategy works, if you can apply it even 70% of the time. You can succeed or fail using his DPs just as you would succeed/fail when using a simple 5m/15m/4h sma cross + ...

Dragon Riders GBP/JPY

Don't know what you mean Mpt, market's been tough to figure out over the past days, mostly been waiting and watching, and when I did get a position I missed my entry by more than 50 pips Edit: Come now, don't be like that, I really don't ...

Dragon Riders GBP/JPY

It will be decided on the 1/2 (182.15), if it gets there. Need to confirm 181.3 as support first

Dragon Riders GBP/JPY

Much better entry than mine, nice one random I wish I'd kept the *patiently* part of my post above better!

Dragon Riders GBP/JPY

I expect that it'll test 181.5 again, maybe even break it briefly and then move up for 183.3/6. With election day volatility upon us I'll just wait patiently fur the drop and will trade long only if I see solid long PA. Too many sources have been ...

Dragon Riders GBP/JPY

I'm in no way a hater, as I said I hope you'll make it. Doesn't stop me from disliking your overall attitude toward people

Tim's £500 marathon. Goal £1 million