And if the hour closes above 153.52, then I'll move move sell 10 pips higher to 150.47, still with 19 pip stop If it closes above day R1 at 153.64, then I'll sell at 153.57

Dragon Riders GBP/JPY

For that reason I have a sell at 153.37 when London opens, cause I feel they will go down with a force if they break the 100pip mark u from daily pivot. I have a 19 pp stop, so the RR is 1 to 5. That to me is acceptable odds.

Dragon Riders GBP/JPY

If you use ma's, then since last year Sep on Daily, we are in a downtrend

Dragon Riders GBP/JPY

Morning Thank you for the comment It depends how you read the market, to say which way the trend is.

Dragon Riders GBP/JPY

I;m placing a sell at 153.37 with a 19 pip stop.

Dragon Riders GBP/JPY

Day pivot is at 152.41. So perhaps Franky or London will want to trade from above 153.41, down through 153.41 to pivot. Nice 100 pips

Dragon Riders GBP/JPY

Morning I'm still not convinced of this up movement. I think it is price being marked up, to drop heavily

Dragon Riders GBP/JPY

Let the hour close above 1.4659, and I shall sell at 1.4657

Dragon Riders GBP/JPY

[quote=Gbp/jpy;8988613] Morning Thank you On the week first part up second part down. I believe the originator does not work on a conventional week Sunday to Friday. It is my imression that it works on a 3 day session. Friday+Sunday+Monday = 1st ...

Dragon Riders GBP/JPY

Cable currently at first week of June pivot 1.4601, far from weekly pivot. So it too can be looking to close day above this pivot, before heading back to weekly pivot tomorrow, or have tomorrow morning start below this mark, and then move down from ...

Dragon Riders GBP/JPY

Morning Tuesday likes to touch weekly pivot. If it has not, then Wednesday is opposite to Tuesday. We are currently 250 pips up from weekly pivot, and at weekly R1 at 152.74. So the up movement, according to me, has run its course. If you get in ...

Dragon Riders GBP/JPY

Selling at 152.34 now, and watching that 152.23 does not stop the fall

Dragon Riders GBP/JPY

Looking for sell at 152.23

Dragon Riders GBP/JPY

Above shows 152.10 is Key. IF Frankfurt can move it down to there, then London will either bounce up of it to todays's R3, for tomorrow to come down. OR London will break down through it to Sunday R3 and stall

Dragon Riders GBP/JPY

Her are today's' pivots

Dragon Riders GBP/JPY

Morning all Ok, so I expect a pullback to last weeks' S! at 150.39. I presume that we have topped out the day at the this weeks' R1 152.74

Dragon Riders GBP/JPY

Cable S1 at 4128, if this hour closes below, can signal move back to day pivot. Then I want GBPJPY to close hour below 147.44, to go long at 147.48.

Dragon Riders GBP/JPY

Cable bounced of Day R1 up tp Pivot, and now rejected pivot So looking for this hour GBPJPY to touch day S3 then come down through 147.58

Dragon Riders GBP/JPY

It closed below 58, so cancelling order. I like'd to have trade down through it

Dragon Riders GBP/JPY

This hour is possibly setting up for sell for next hour, from 147.58 back down to 146.31

Dragon Riders GBP/JPY