I'm back. After looking at EUR/USD and EUR/AUD this pair is all I know. The devil you know seems better than the one you don't. Short at 180.

Dragon Riders GBP/JPY

After failing at GBP/JPY and EUR/USD I decided to give this pair a try. Here is my fundamental assessment of the minor cross: The Euro bench rate at 0.05% with a pass by ECB head Draghi to cut further. Historic easing program to the tune of a ...

EUR/AUD

Yeah, the euro is garbage now, hit my stop. Short all the way. Every rally will be sold. We will see 1.0450 again.

EURUSD

Looks as though some dollar selling is occuring now. Long EUR/USD @ 1.0716

EURUSD

1st euro trade just gained 10 pips but must go to work now so booked that meager profit and will see you all in London.

EURUSD

Hello Hickson and all. I've thrown in the towel with GBP/JPY and joined this thread. Never really traded the euro before. What I know so far is that the ECB head Draghi has initiated a trillion dollar bond buying program. The bench rate is a paltry ...

EURUSD

I just have to admit I have failed at attempting to trade GBP/JPY but before I admit defeat at FOREX altogether I'll try EUR/USD. Never traded it really. Perhaps after tangling for the last 3 years with such a difficult cross a major one will be ...

Dragon Riders GBP/JPY

Once you trade this pair there is no trading any other. That is a 500 pip run in 7 days. I took a sell position at 180 and that is it I'm staying short.

Dragon Riders GBP/JPY

No, I closed it and took the loss. Moving to something lower spread and cheaper for Americans, AUD/USD. Took GBP/JPY off of my screen. The correlation with USD/JPY and especially equity markets was always something I worried about with GBP/JPY. The ...

Cable Update (GBPUSD)

Still short from 178.63 and staying in until it reverses or the account blows out.

Dragon Riders GBP/JPY

Keep calm and short on.

Dragon Riders GBP/JPY

Yes, you guys are right. I'm going to give the pair another try Hickson. Each apex on the D1 has been lower than the last. Short at 178.63 and I will be patient this time Raiders. Scaled down the leverage to be able to take draws without having an ...

Dragon Riders GBP/JPY

Trading this pair has made my account unrecognizable to what it used to be. Ive lost about 35% so far. I'm going to try the weekly chart now and that's it for me. After 3 years of watching and trading this pair I can say this market is completely ...

Dragon Riders GBP/JPY

New H4 candle. It's gonna chicken out soon I think.

Dragon Riders GBP/JPY

Glenn Stevens passed on the last rate cut and negative data in the U.S. was the next booster to AUD. Long term projections are like .72 because Stevens wants to cut another 0.25% at some point and the Fed is still expected to raise rates. The market ...

Dragon Riders GBP/JPY

Good pair to try AUD/USD, low spread and cheap too. Very interesting weekly on GBP/JPY. February was looking strong. Came off the green 48 EMA. Even rose above the yellow 14. But look at the price action now. Has fought it's back above the 48 EMA ...

Dragon Riders GBP/JPY

Makes sense, price closing above so resistance becomes the support. Thanks for the feedback.

Dragon Riders GBP/JPY

On the weekly it has found a way back above the 48 EMA. url On the weekly it must rise above 179.20 to be above the yellow short term moving average again, full tilt bull mode. The 14 on the weekly should stop it cold.

Dragon Riders GBP/JPY

Here is the daily. Look and see how it has wormed it's way back above the 220 EMA. Perhaps this is telling me it will not be allowed to break down. url

Dragon Riders GBP/JPY

Yellow is 14, Green 48 because according to some super computer that ran thousands of calculations this is the true "Golden Cross" Red is 120 and white 220. All are EMA not SMA.

Dragon Riders GBP/JPY