Obviously. It shouldn't affect gbp/jpy to a new support/resistance, though. NY session is done for, and after that we'll have a lull period which would lead to furious volatility but little headway due to news. That's my take, at least.

Dragon Riders GBP/JPY

We seem to be seeing a last minute rejection of the 178.50 fib point in the NY session. If this pattern continues, yes-180.20/00 will be the next target. Any further choppy movements would only delay the inevitable as long as the pattern remains ...

Dragon Riders GBP/JPY

Look for retest of the broken descending triangle resistance (now support). If it bounces, we're probably going to retest 179.20/00 and 180.20/00 if the former is breached. If it's not tested at all and still goes up back to 179.20/00, the same ...

Dragon Riders GBP/JPY

Depends on the broker, but the one I'm using right now to trade the geppy is very sensitive to volatility. When we have a massive movement, spreads can be as high as 8.3pips, but generally, it's 2-3 pips (4 pip spread for moderate volatility with ...

Dragon Riders GBP/JPY

Currently retesting 179.20 area. If it breaks above, i'm longing for next resistance. If not, I expect a choppy market, since intraday trend will be filled with stiff competition with bulls and bears fighting. Probably going to short if we go back ...

Dragon Riders GBP/JPY

I don't know about future prices, but I can say this: the hours just before the NFP on Friday will probably be the calm before the storm. I wonder if you can scalp those tight ranges though. Usually at least 20 pips big in profit, even when ...

Dragon Riders GBP/JPY

May not retrace significantly until 180.20/00, but further downward movement right from 179.30/20 isn't out of the question either. Itll depend on how strong the bulls are right now. It they're strong enough, they'll ignore whatever negative USD ...

Dragon Riders GBP/JPY

don't forget about the possibility of breaking out of that altogether. We may reach 179.30/00 and beyond depending on the NFP

Dragon Riders GBP/JPY

Currently staying flat.

Dragon Riders GBP/JPY

One word: NFP. That'll add to tomorrow's volatility.

Dragon Riders GBP/JPY

I think we've got something. I'm entering market now.

Dragon Riders GBP/JPY

Pre-NFP, of course. Because we know trying to guess the news beforehand is one hell of a landmien to trigger for retailers like us. i'm hoping to get a short in provided the NFP doesn't disappoint.

EURUSD

If we're pushing past that resistance trend line, then we'll see 179.30 +/- 10 pips. And if that breaks, then 180.20/00. And if 180 is broke as a resistance sometime later, I'm looking at 182. If the resistnce holds, we're back to range trading, and ...

EURUSD

Hey Tyrant, I can't seem to confirm a larger range (for a 24-48 hour period) for the eur/usd. Granted, hitting below 1.145 would open up 1.40 (which would open up 1.130s), while going past 1.15 would claim further upside. But these are all highly ...

EURUSD

In a timeline of a quarter+, 1.20 isn't impossible. But people are predicting 1.20+ with the given current information, fundamentals, and etc. If we have a major news in the coming weeks (ex: Fed decided it won't cut rates this year), then I expect ...

EURUSD

Currently watching eur/usd. We have a squeeze on the dollar today. Key area for bears are 1.50, 1.145, 1.140. After that, we have a clear trend and you should be able to trade the rest. Currently shorting 1.15. Update: Closed all longs from 176.525 ...

Dragon Riders GBP/JPY

Eh, no. Based on the squeeze and timing left in today's market, won't happen by closure at 5pm. You're setting up an impossible task for bears, since New York closes in a couple hours. We're eyeing 1.1450 and 1.140 respectively. Especially 1.1450, ...

EURUSD

Here's an idea: Do you have at least several hundred~few thousand dollars in your account? Then just take a short (ex: 0.1 lots if your account is small) and just leave it behind and watch how it plays off. Better yet, just leave it for a few ...

EURUSD

We're likely to push into the next fib/descending triangle resistance, which is around 178.40/30, with potential to scratch up to 178.80. But after reaching any of these areas, I expect a pullback in the dozens~ slightly 100+pips. On the flip side, ...

Dragon Riders GBP/JPY