Immediate rejection of small bounce at 178. Not looking good for longs at 177.80 right now.

Dragon Riders GBP/JPY

Prices seems to be more bearish than previous tests. Still hedged on a bounce back up to retest previous resistance, but this is pretty significant for me as a scalper. Currently neutral-bearish in overall short term trend.. If the price remains ...

Dragon Riders GBP/JPY

Do you mind if I ask more questions about your job? I'm currently pondering over what professions I might have in the future post-university. A sales trader basically facilitates the financial investments of clients by providing information and news ...

EURUSD

Good strategy. How long have you been trading? You could end up with an account with tens of thousands of dollars after a fw years~decade depending on your leverage and funds.

Dragon Riders GBP/JPY

Frequent sexual activities also make you tired.

EURUSD

Pretend to be working while playing something? Maybe a quick online game, or watching a movie (unless your boss is the type to check up on you frequently). You could also have playful banter between friends....or play pranks. Actually, it would ...

EURUSD

Sort of. I mean, I enter markets with the willingness to lose dozens of pips potentially, but I'll admit that having a net profit of -1500+ pips is a bit disconcerting. If I post consecutive, significant losses, I usually just stop trading for the ...

EURUSD

*Gasp* How dare you! To disrespect the sacred profession of scalping by deeming it unworthy of your time-unacceptable! ....On a more serious note, How many trades do you do per month? Even if you do swing trading, you should be able to get ...

Dragon Riders GBP/JPY

Honestly, there's nothing wrong with going long; there's room to catch a few hundred pips. But it shouldn't mean you should hang your account at risk when you do so, since the momentum has, is and will be (for the next year at least) bearish. By all ...

EURUSD

Technicals still point out to a technical bullish momentum (no, that was not an intended pun), but I'm leaning to a retest of 175.70 and/or lower before re-igniting the mid-term bullish fervor. My plan expects a bounce within the next couple of ...

Dragon Riders GBP/JPY

I'm guessing your strength figures for gbp &jpy are from CSM? You've never specified in your post

Dragon Riders GBP/JPY

Approaching potential establishment of another bull run.

Dragon Riders GBP/JPY

After lookng at charts of related currency pairs, I get the feeling that we're close to the decision moment. I expect things to happen in the next hour or so.

Dragon Riders GBP/JPY

Based on Gbp/usd and the usd/jpy, I'm leaning towards scraping the 177.80 area. Who knows.

Dragon Riders GBP/JPY

Hey ally, any ideas as to why the gbp/jpy has been erratic in its hourly sentiments as of late?

Dragon Riders GBP/JPY

I disagree. Price's key support is at the fib area 177.80 +/- 20 pips. 178 can and has been broken in prior cases, so breaching 178 doesn't mean it has to go down. Things will get dicey, though. I'm more concerned about the market reaction to ...

Dragon Riders GBP/JPY

USD unemployment is extremely positive compared to previous weeks. good chance of usd/jpy making a new high and the gbp/jpy might follow. Still, we'll have to wait and see market reactions for now.

Geppy's Geppy Thread (GBP/JPY)

Yeah, the area 178.34/45 tends to be a bit of a uncertain area for me as well. Could go either way there. I'm not making any predictions about up or down until I see the unemployment claims come out and see the price reactions.

Geppy's Geppy Thread (GBP/JPY)

And we start to drop down from about one hour before the US unemployment (178.90/179=>178.40). I wonder if we'll hit 178 in the next 19 minutes before the news comes out (178 seems to be the new ascending triangle support, if you can call it that.)

Geppy's Geppy Thread (GBP/JPY)

Not right now. We've only got 50 minutes until unemployment claims comes up, so if anything, we're going to see a slight movement down for now. But I don't know whether the USD will follow in the direction of the sentiment of the unemployment ...

Geppy's Geppy Thread (GBP/JPY)