GBP/JPY may be eyeing even lower; both the 30min and hourly chart ichimoku indicate the pivot point (180.80) as the prime support. I'm eyeing 181.40/30 to be the main area of contention given previous spike upwards from there. If we break ...

Dragon Riders GBP/JPY

181.20 will be a point of contention in Tokyo session. I'm hitting the sack with a short, SL in place. Good luck, everyone. Update: Ascending triangle with 181.20 as main resistance/decision point is close to completion. I expect a breakout up or ...

Dragon Riders GBP/JPY

By avoiding the trade altogether. Honestly, those who did their homework stayed away from eur/chf months ago. Bad years for the Euro, the necessity of a one trillion+ expected QE coming right after CHF announcements, Swiss economy losing billions ...

FXCM Discussion

You do realize that Stop losses don't guarantee orders being filled at that exact price during moment of high volatility, right? That means prices CAN wildly fluctuate. Go look it up on investing websites (ex: investopedia.com) Their definition of ...

FXCM Discussion

The effects would be somewhat mitigated though for the yen pairs. That's the beauty of it; the movements will be a reflection of other pairs, but its movements will be more controlled. Still, unexpected things can happen; that's why I said "if you ...

Dragon Riders GBP/JPY

Bank holiday = lack of significant movement up or down = range trading. If you can find a pattern in the chart movements, you should be able to actively scalp them without too much trouble. And meanwhile, BOC's annnouncement made the USD/CAD ...

Dragon Riders GBP/JPY

Mostly accurate, and surprisingly so. But why isn't Switzerland included in the green circle? The Swiss are still major players in the banking industry..

Dragon Riders GBP/JPY

Probably going to take profit around 182.30. We have 20 min. left before US & UK news come into play ad throw the bulls off for a bit.

Dragon Riders GBP/JPY

No kidding. I also got some losses, but I made the back with the TP on 181.30. Only problem is, I didn't reload when the price showed signs of penetration upwards because I was SLEEPING. ....Naps are the bane of my existence. Instead, I get a long ...

Dragon Riders GBP/JPY

Hey Ally. I'm guessing you're also disappointed about 179.80?

Dragon Riders GBP/JPY

Nicely done. But 181.90...seems a bit shy of the 182.20 I'm looking for. Any reasons as to why it's below 182? Note: Woke up after an hour nap to see we've breached 181.30 again with a SL profit of 2.1 pips, so I just bought it again. I may be a bit ...

Dragon Riders GBP/JPY

Took profit on long from 180.454, waiting to reload a long with a small SL. Currently trying to scalp 20-50 pips from a short at 181.269

Dragon Riders GBP/JPY

Can't tell where it's going to go- closed some longs, left 1 open.

Dragon Riders GBP/JPY

Lovely 30pip+ bounce just following bearish news. Gotta love the dragon.

Dragon Riders GBP/JPY

Ouch. Negative manufacturing for the U.K. Funny thing is, we dropped 20pips just prior to news by about 3min or so....wonder why. Still looking for 181.30/20. Let's see how it plays out.

Dragon Riders GBP/JPY

First hour or two of London will probably determine everything. currently sitting on a fibonacci retracement zone with bias leaning towards bullish for now. 181.30/20 or 181.20. We'll see one of them soon during london. After that, god knows. Closed ...

Dragon Riders GBP/JPY

By the time you trade facts, it's too late. Buy the rumor, sell the facts,

Cable Update (GBPUSD)