Actually you are right and it could go completely the other way. EJ has fallen 1,200 pips in just 3 weeks. The market is already pricing the QE into the rate. Remember buy the rumor sell the news? This could very well be the same thing but inverse, ...

EUR/JPY

It as part of the reason Jordan gave up the EUR/CHF floor of 1.20 after 4 years. Now he would not have to do it. The ECB will do it for him.

EUR/JPY

The big Swiss move, Jordan gave hints it would be a more massive QE program than they expect. Down 100% for certain before up.

EUR/JPY

Dang Geppy you are everywhere. EUR/JPY is surely cheaper to trade for Americans than the dragon. Looking forward to Jan 22. EUR/JPY to the 220 EMA on the Weekly chart then up.

EUR/JPY

Goldman Sachs amazing projections-- USD/JPY to 130 and EUR/USD to 108. So this would put GBP/JPY at around 200 Yen per Pound Sterling then. url

Dragon Riders GBP/JPY

GMann, check out EUR/AUD. Fell 1,300 pips in 4.5 weeks. 140 level support? GBP/JPY has a 4 pip spread and it's damn expensive for an American to trade too.

Dragon Riders GBP/JPY

The market is looking for the ECB to start 500 billion euros on the QE number to impress and bring the euro lower. Once the BOJ hits that 2% target and that's it back to 164. That's even before any of the bond buying stops. Just the market looking 6 ...

Dragon Riders GBP/JPY

Yeah that has always messed me up my friend, trying to find out what session was doing what.

Dragon Riders GBP/JPY

Excellent risk assessment, looking ahead at major market drivers. The S&P held 2000 today and the DOW 17,000. More BOJ easing? I heard it but wow, too soon. Jan 25 too, Syriza will come into power in Greece, more jumpy nerves to ensue. It could ...

Dragon Riders GBP/JPY

Hey Gmann! I decided to completely change the time frame I trade on. I was short above 187and if I had just followed it....... I want to trade those great lines of yours now and get the hundreds of pips. The scalping had me all messed up for a very ...

Dragon Riders GBP/JPY

Consumer sentiment was parabolic 98 with a 94 expected. To me this means the support on the H4 and daily chart will hold. Long @ 177.64

Dragon Riders GBP/JPY

Very interesting and seems to be effective. Hope the thread continues.

4H Box Breakout

Here it comes, the data....

Dragon Riders GBP/JPY

LOL! Merkel and friends say a Grexit will be manageable but they are wrong and they know it. They are only bluffing. Syriza will take power on the 25th and then they will dictate what they want from the Troika. There will be no leaving the Euro Zone ...

Geppy's Geppy Thread (GBP/JPY)

If Syriza has the power and Greece leaves I read it will be like Lehman Brothers in 2008 X10. May God help us.

Geppy's Geppy Thread (GBP/JPY)

Lost my option, almost but no cigar. Shorted near the close of N.Y. @ 176.95. Made 100 pips. Will close as soon as the spread tightens at the Tokyo open.

Dragon Riders GBP/JPY

Harmonics? A crab, a bat or what is it? How do you draw those?

Dragon Riders GBP/JPY

Arise! I need you at a height of 177.20 in 1 hour! Rise!

Dragon Riders GBP/JPY

Indeed let's, but from what level? LOL! I say 175.50

Dragon Riders GBP/JPY