I fell for that fake move. I was short on Friday and changed my mind. I wanted to make a transition to higher times frames but on this pair it's beyond my technical skill. Must return to the 5 minute.

Dragon Riders GBP/JPY

Yes, pound is pretty weak now. 90 pip draw so far.

Dragon Riders GBP/JPY

I do catch it for sure. I'm long until the NFP. Seems like "buy the dip" is being forced on stock participants and GJ once again along for the ride.

Dragon Riders GBP/JPY

Tested 3 times now and has not broken. I think we see some upside this week.

Dragon Riders GBP/JPY

Now Feb. 28 is the deadline for Greece to reach a deal so damage is being contained and this will be put in the background until then. I also read the dollar bulls will take a breather this week now that the FOMC is done. Morgan Stanley has a target ...

Dragon Riders GBP/JPY

Think here. There are 52 weeks in a year and only a few are over. The USD is in the start of an upward reversal from a 12 year downtrend. Risks from Greece's Syriza party are major ones. Contemplate Lehman Brothers X10. Interest rates are gonna rise ...

Dragon Riders GBP/JPY

Me too, then I leave and stop making money for other men and make it for myself.

Dragon Riders GBP/JPY

GDP here in the U.S. fell way short. 2.6% from 5% in Q3 of last year. Europe growth scares have been there and now returning here too. Not the time to buy at all. Monday will be interesting.

Dragon Riders GBP/JPY

Incredible, that's my dream Hickson; leave my stupid job.

Dragon Riders GBP/JPY

Still short from 178.43. Yes an ugly Gartley is developing on the H4 if you zoom out. 170 indeed.

Dragon Riders GBP/JPY

Close your shorts, the dragon awakens........

Dragon Riders GBP/JPY

Downside agreed. After earnings season is done there is nothing stopping the DOW from breaking 17,000 and GJ with it at 175.50. There are more risk factors in this market now. Greece, bad earnings no BOJ stimulus yet. Impending interest rate hikes ...

Dragon Riders GBP/JPY

Oh guys, here is the CSM to download for you. Web based. You can see why it's having trouble rising. url

Dragon Riders GBP/JPY

Shifting now, yen 5.0

Dragon Riders GBP/JPY

Right now GBP has a strength of 3.0 to the Yen's 5.3. The power of the Yen won't allow it to run.

Dragon Riders GBP/JPY

It will either grind out a bullish channel from this level or fail and remain under that 14 EMA on the daily as the next days and weeks go by. The average of the last 14 days will climb or print a lower and lower average.

Dragon Riders GBP/JPY

Nice chart Ally, now the moment of truth. 11 AM NY candle.

Dragon Riders GBP/JPY

The Resistance area used to be 180, now it's 179, soon who knows.

Dragon Riders GBP/JPY

Throw a 14 EMA period on your chart and look at the daily candles. Umm yeah, not very cavalier to rise above.

Dragon Riders GBP/JPY

Haha! I do that at times too and go back to AUD. A pair that is not Bi-polar or Schizo.

Dragon Riders GBP/JPY