U/J 110 (I got 110.008) printed, taking profit G/J shorts, flat for now and done for today. Take care thread and until next time

Dragon Riders GBP/JPY

Matter of perspective, it works for you, go for it.

Dragon Riders GBP/JPY

Its true, some ppl never learn but why should I/you bother at all? Its the same here, you 'trend-trade' and it does work for you which is nice. It doesnt work for me though since Im more into a mix of fundamental and technical + statistics etc., ...

Dragon Riders GBP/JPY

Addicted to volatility Anyway here the dates for this month:

Dragon Riders GBP/JPY

Waiting is key here, I wouldnt jump the gun and buy blindly, first we need the positive BOJ announcement, second we need to see demand at 110 or below, and as long as these criterias are not given yet its better to scalp short or wait.

Dragon Riders GBP/JPY

Hi geppy, kinda surprised last handful of pages on this thread cracks you up. You know thats what I call the 'blind side' of trading, things you only learn by experience, even you tell other traders a hundred times, it wont matter. I dont care tbh, ...

Dragon Riders GBP/JPY

True dat, if it doesnt go up it probably goes down. Doesnt matter what you trade, its how you trade it.

Dragon Riders GBP/JPY

Hi brother, indeed it is, as soon as U/J prints 110 im gonna take profit and try to get long there, since 110 is support long-term, so Ill try to ride the fundamentals up if BOJ doesnt dissapoint us this month. Like I said, U/J is trigger for G/J ...

Dragon Riders GBP/JPY

You're welcome! Oh I've been around but there wasnt much to say since I was waiting for U/J to print 110, current daily low is 110.25, its even possible U/J may penetrate it in the upcoming trading sessions (as usual) but when that BOJ ...

Dragon Riders GBP/JPY

What an odd coincidence BOJ likely to discuss easing at April meeting as U/J arrives at the mid-term target. If we get positive feedback from BOJ (easing) and 110 holds as support we could see start of a correction or retracement in G/J. U/J is ...

Dragon Riders GBP/JPY

If: EUR/USD > 1.10317 EUR/JPY > 124.563 & GBP/JPY < 160.89 GBP/USD < 1.4246 then short U/J TP at least 112.41; E/J only one not fullfilling criteria here yet since E/J < 124.563

Dragon Riders GBP/JPY

If U/J prints 112.41 today, watch all GBP pairs.

Dragon Riders GBP/JPY

Depends on U/J, 110 still valid target here. Since both correlate, G/J might follow. EUR undervalued atm + GBP weakness. I dont pay attention to MA's, Fibs, you name it.

Dragon Riders GBP/JPY

Looks valid so far, just needs time to materialize.

Dragon Riders GBP/JPY

If EUR/GBP assaults 0.79: Rally: EUR/USD EUR/JPY Sell-Off: USD/JPY GBP/JPY

Dragon Riders GBP/JPY

G/J: 159.75 - long TP 158.23 - current 156.30 - short TP short TP filled. G/U currently ranging, dont expect strong movement yet. Add: G/U: short TP 1.3711 more likely than long TP 1.4103 atm

Dragon Riders GBP/JPY

what about the daily?

Dragon Riders GBP/JPY

U/J: 114.00 - long TP 112.73 - current 112.06 - short TP U/J target filled. Nice weekend everyone

Dragon Riders GBP/JPY

Not yet, check recent post, thats what I go so far

Dragon Riders GBP/JPY

Current: G/U: 1.4103 - long TP 1.3907 - current 1.3711 - short TP G/J: 159.75 - long TP 158.23 - current 156.30 - short TP U/J: 114.00 - long TP 112.73 - current 112.06 - short TP

Dragon Riders GBP/JPY