Time to get ready to reload weekly/bi-weekly shorts. This is only a temporary rise caused by further loans to Greece & intraday USD weakness.

EURUSD

Mmmm...I think it was the US news today that acted as the catalyst to provide pound superiority over the dollar today though; the Pound sterling should've also suffered from those events (which it did for the BOJ surprise announcement) Update: ...

Dragon Riders GBP/JPY

Approaching TP of 118.7 from 119.27 short on the usd/jpy. In the meanwhile, good ole' gbp/jpy is doing absolutely nothing. We're still stuck at the same area we started 2 hours ago. Why, oh why did I not sell the usd/jpy more? ....oh yeah. Beacause ...

Dragon Riders GBP/JPY

Probably going to take two or three days to get there, though. Anyways, what's with the BOE? Carney seemed to be trying to sugarcoat things somewhat in my opinion-he had a few hawkish comments, but none that really justified that massive gbp/usd ...

Dragon Riders GBP/JPY

You mean target to reload long? Yeah, I see 179 on the 4 hourly chart. We might get a bit of bounce worth a couple dozen pips on 180, though. that's my take, at least. 181 would be a good optimal target for today and tomorrow imo, without taking ...

Dragon Riders GBP/JPY

Not feeling too good about longing the gbp/jpy right now at that price, to be honest. Look at the gbp/usd, usd/jpy as well. I'd rather you wait for a more confirmed signal, but hey-don't let me be the judge. Your SL looks good, but I wouldn't be ...

Dragon Riders GBP/JPY

Starting to think that it was a bad idea to short gbp/jpy instead of usd/jpy. I'm getting more profits with my current shorts from the latter than former, given the lack of movement. Ah well. Money is money, right?

Dragon Riders GBP/JPY

Profit, loss, profit, loss. Profit overall. Now I remembered why I love manual set ups instead of simply leaving limit orders. Much more safer and profitable.

Dragon Riders GBP/JPY

How big are your trades atm?

Dragon Riders GBP/JPY

Wait for BOE reports for confirmation. This drop was primarily event oriented, not wave/technicals. Leave aside chart patterns for now, and just stay flat.

Dragon Riders GBP/JPY

Hilarious comments I'm seeing in the news article about the BOJ surprise announcement. They act as if the yen had to keep getting pounded without Japan's own government noticing. ...Why? Did they expect that the geppy would only pullback 100 pips ...

Dragon Riders GBP/JPY

My condolences. If it makes you feel better, I lost $5000 once when the RBNZ-reserve Bank of New Zealand-decided to hike rates again as a surprise move. It was my first 3 months of trading, and I blew most of my account after earning $3600 in pure ...

Dragon Riders GBP/JPY

Currently waiting for the BOE to reload shorts. BOJ promise to intervene + dovish pound sterling = gbp/jpy goes down. If BOE is hawkish, meh. Look for other markets. I just increased my account value by.....well, I won't say it publicly, but let's ...

Dragon Riders GBP/JPY

Possible, but unlikely. Keep in mind however, that going past yesterday's highs prior to BOE is now officially IMPOSSIBLE. BOJ has all but promised an intervention, so expect the upside to be HEAVILY limited. Also, if the BOE report is dovish as ...

Dragon Riders GBP/JPY

Expect bigger pullbacks; gbp/jpy is oversold right now. I just TPed early at 182 since that gave me a nice even 600 pips in total for the day. I have a strange fascination for whole numbers; they just look so.......simple.

Dragon Riders GBP/JPY

Refer to my update. I bought longs at 181.360. TPed at 182. God, that was beautiful. 64 pips in 2 minutes.

Dragon Riders GBP/JPY

No, no. You've got it wrong. Whenever a central bank says that they don't like the current situation, it means you MOVE THE FUCK AWAY FROM THE CURRENT MARKET TREND ASAP. Because while even national banks can't fight prevailing market trends in the ...

Dragon Riders GBP/JPY