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    • alexpi replied Mar 30, 2015

      They want people going long and getting axed on every down-move. It pumps up, people see big blue ERC candles, go in for the "sure" ("They're raising rates, price is moving, I'm missing the move!") long, then it drops down. Rinse and repeat and ...

      Dragon Riders GBP/JPY
    • alexpi replied Mar 30, 2015

      This is purely my opinion, but I believe that these quick pumps up are additional attempts to take out retailer bulls on the down-move, continuing from the Friday announcement by Carney that rates will be raised. Many people don't realize that this ...

      Dragon Riders GBP/JPY
    • alexpi replied Mar 29, 2015

      You're the lone warrior tonight Vermillion Good morning Edit: Just read your rhetoric. Very spot on, love it! Edit2: Added a final add-on to short from Friday. Gonna wait and move SL according to market. Unless of course I get stopped out, in ...

      Dragon Riders GBP/JPY
    • alexpi replied Mar 27, 2015

      Good morning Amazing moves on EU today, my Sell Stop was triggered at 1.0855 and I'm glad I moved SL to lock in some profits, wouldn't have been good otherwise What do you expect to happen on EU before the weekend comes?

      Dragon Riders GBP/JPY
    • alexpi replied Mar 27, 2015

      You have a point, but still, a perfect match time-wise between what Carney said and what's happening means that I'm done for the week. I'll be watching 178 along with you and if it just keeps breaking higher I'll be chilling on the roadside today ...

      Dragon Riders GBP/JPY
    • alexpi replied Mar 27, 2015

      I generally don't trust/trade any movement that's caused out of the blue by banker statements. It doesn't make sense technically to have such a strong move up from 176.73, so to me it's a signal that there's a lot of emotional buying happening based ...

      Dragon Riders GBP/JPY
    • alexpi replied Mar 27, 2015

      "likely that next move in rates to be hike" is such a political thing to say Edit: If it bounces down here (below 177.2) I'm shorting. Edit2: Reason is that this is old news, it will be a simple case of price pumping and hunting for retail bulls' ...

      Dragon Riders GBP/JPY