Yes, this will be FUN.

Dragon Riders GBP/JPY

There should be a relief rally with the equity markets. GJ follows stocks. This is a monthly low here today. Higher before lower.

Dragon Riders GBP/JPY

TP'd that long and booked 45 pips. Most likely more upside to come.

Dragon Riders GBP/JPY

So my mini thesis for the day is Yellen flexible, USD down, NYSE up taking GBP/JPY with it.

Dragon Riders GBP/JPY

Looks good to me. Hit the 220 EMA on the daily this A.M. @ 177.30

Dragon Riders GBP/JPY

Did you mean that 176.20 will be the support level?

Dragon Riders GBP/JPY

I took a long at 177.34. A small enough position to be able to scale into 2 more buys if it tanks on me. Biggest day for the market in a couple of years. Just some speculation here; Even if the fed gives hints at a rate hike soon Yellen will put a ...

Dragon Riders GBP/JPY

Shorted at 184 back the middle of last month 100 pips too early and closed at a loss. Finally grabbed 185 and only made a couple hundred pips on this down move of 774 pips to where we are today. Traded some other pairs but after trading this one the ...

Dragon Riders GBP/JPY

Short term forex indeed, with this pair a few hours is all you need and never before a high impact data release, lol.

Dragon Riders GBP/JPY

Yeah me too. This DOW surge is very suspect given the market environment now. ECB VS. Greece, earnings no good, mixed data with indexes very highly priced. No BOJ stimulus yet but it is coming in June and I'm certain they want to flush out all the ...

Dragon Riders GBP/JPY

The whole thing looks like one big risk-on spike to me right along with triple digit gains on the DOW Jones. The charts are like twins. The stock market has never had a losing year, the year before an election year since 1939 but GBP is only in an ...

Dragon Riders GBP/JPY

Very unusual indeed but the dollar was so overbought for months so 2 days for GBP bulls is like two green blips in a sea of red. The Yen however cooperated. U.S. data and earnings has been mixed and some bad. Also read in the battle between Greece ...

Dragon Riders GBP/JPY

According to my chart GJ has just slammed into a hard wall on 3 time frames, fascinating. H4 it is stopped cold by the 220 EMA period above it. This next one however is even more immovable; the 48 EMA on the Daily chart. The last is an iron roof of ...

Dragon Riders GBP/JPY

Took another short after the one at 178.37 Pre London. Can't.............Ghhaaaa.......hurts....turn it off.

Dragon Riders GBP/JPY

110 pips booked for me on GBP/USD. Starting to see the first signs of a reversal? GJ has a H&S pattern on the H1 but is that even possible? Maybe I'm not seeing it right. Anyway opened a short position here at 178.35. Will possibly scale into more ...

Dragon Riders GBP/JPY

I think this is only a retrace and not a reversal. No significant resistance until 180.40 which is the near the 50 EMA on the Daily chart. This goes along with GBP/USD hitting a wall at 1.5350. This is where I have failed in the past and I believe ...

Dragon Riders GBP/JPY

We have some high impact data in N.Y. at 8:30 and a couple more points a little later. USD taking hits now. Long GBP/USD from 1.5095. Up 140 pips thus far. The pound bulls are safe until Friday's NFP. My thoughts are that not many jobs added after ...

Dragon Riders GBP/JPY

Hopefully we see some healthy pullbacks that are supported by different EMA periods on the H1. If so this will last 2 to 3 days. All about the USD. USD/JPY has the opposite effect.

Dragon Riders GBP/JPY

Equities are great wealth boosters. Awesome find Gmann.

Dragon Riders GBP/JPY

Kind of coinciding with a high on the DXY and a base with GBP/USD. Something is telling me this is some kind of interim low. Long GBP/USD. Still trying to understand the daily TF. So much easy money there to those that know it.

Dragon Riders GBP/JPY