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    • alexpi replied Apr 9, 2015

      I wouldn't say so. The optimal target for the short is 175.8, if it flips here we're in a good place to long GBPUSD will correlate, so two nice opportunities are open here, both ways Edit: Just remember - It's always easier to enter a losing trade. ...

      Dragon Riders GBP/JPY
    • alexpi replied Apr 9, 2015

      If news and London open break 1.8834 we're in business for 1.5. On the downside we could have a runner as I don't really see any good, untested demand/support zones, lots of buy orders have been covered over the past 20 days and I wouldn't even try ...

      Dragon Riders GBP/JPY
    • alexpi replied Apr 9, 2015

      Has anyone researched anything about the bank rate decision? How likely do you reckon it is that they will smack the market with a .25 increase, given the fact that elections are coming up and every major bank is expecting that they keep the rate as ...

      Dragon Riders GBP/JPY
    • alexpi replied Apr 9, 2015

      We'll see, there is room for 1 more leg up to 1.50 before it decides if it's gonna be dropping or rising next week. When it breaks out of the range we'll know how it will finish the week,leg up or no leg up I'll consider trying to grab the move ...

      Dragon Riders GBP/JPY
    • alexpi replied Apr 8, 2015

      Will be a confirmed stop run if price goes back above 1.48834 and stays there Edit: Cleared it and now testing a break down Edit2: Yep, elephants took out some longs, it's looking bullish, though still on the fence

      Dragon Riders GBP/JPY