During times of volatility (world events + end of the year holiday), I find it easier to just trade the intraday trend the market makers have decided upon and just scalp 10~90 pips (usually 30-50) in the trades. You won't make much, but it's ...

Dragon Riders GBP/JPY

0.77 will be a key support for NZD/USD; if we breach 0.7680, we practically have open season to 0.7600 and further down once that's breached. The downside caused on Dec 16 was fueled by a slightly dovish FOMC Conference. Though the meeting was ...

NZD/USD

I'm looking for a 50% retracement around 118 if 118.8 decides to be a resistance. Stop loss will probably be around 30pips below whatever price I get. Current momentum seems to be moving past the tumultuous past few days of consecutive losses for ...

USD/JPY Discussion

I would still be wary of the tokyo session consolidation (session starts in 18 minutes I think). If the current price acts as support, go long. If we turn to the downside and test it to become a resistance, we short. Personally, going long RIGHT at ...

USD/JPY Discussion

I'd prefer not to hedge bets while the GBP/JPY hovers around 185. We have potential to go up, but it can also go down, in my opinion. Already closed my long scalp from 184.23 at 185.0. It's just not worth the risk for me, since even a small ...

Dragon Riders GBP/JPY

That's funny. The geppy's shown disappointing movements compared to the USD/JPY. Granted, the FOMC wasn't all too bullish (and Yellen's drawn out way of speaking didn't help clarify things). Price rose despite sight dovishness because it was better ...

Dragon Riders GBP/JPY

The "meat" of the conference? In my opinion, the conference was boring and drawn out; it's more of a lean,stringy piece of beef rather than a nice, juicy steak.. Did you hear Yellen? She just kept repeating the same damn thing. Aw well, at least ...

EURUSD

YES! YES! FX-RAY's prediction is no longer accurate down to the last pip! (new low of 1.2330). ....Still pretty much accurate, though. That prediction was scary.

Dragon Riders GBP/JPY

How the....you got it right on today's lows. ....How'd you do it? We're not even talking about getting it within 5 pips, it's down to the exact single pip. Edit: Wait for it. We might just tread a few pips lower before bouncing back up for a moment.

Dragon Riders GBP/JPY

10 pips left. Did anyone catch the peak of 1.257? I barely managed to reload at 1.255 after my initial short closed.

Dragon Riders GBP/JPY

The euro/usd is always manipulated. I just prefer trading wherever the market makers go, while keeping an eye on the downward overall trend.

USD/JPY Discussion

Oooh, initial bullish outlook *sets up buy limit on geppy*

Dragon Riders GBP/JPY

Very possible for breakout. 184 seems to be the intraday bouncing area. I'm looking at similar charts, but for me, a 5 min candlestick closing above 184.50 is one of the bullish factor I'm looking for. Oh, the conference started. Good luck, everyone. ...

Dragon Riders GBP/JPY

Oh god, the FOMC conference is in 14 minutes. Here's to hoping it just doesn't bring the EUR/USD right back up to 1.250 or heaven forbid, 1.255.

Dragon Riders GBP/JPY

Nicely done. My short didn't get hit because of the spread. Edit: Nevermind. I just got one in at 1.244. Huh. Didn't expect that.

Dragon Riders GBP/JPY

I get the distinct impression the yen pairs are waiting for stocks (S&P 500) and U.S. data to come through. Honestly, there's been little movement since the overall good news for the pound sterling. Oh well. So.....question is, what to do for the ...

Dragon Riders GBP/JPY

I'm expecting a potential test of lower...although, if you can withstand a retest of 181 or going as far down as 180, I guess it's worth a shot. We're almost done with the correction; probably one more downwards movement before going back up. I ...

Dragon Riders GBP/JPY

U.S. sanctions on Russia is crashing the Russian ruble and boosting the US dollar (and by association, the british pound sterling). So we're in for some bullish movements in the "xxx/JPY" pairs You know, couldn't they delay the sanctions (and all ...

Dragon Riders GBP/JPY

Do enlighten me of whatever parts you do understand.. I can't make make heads or tails or it at all.

Dragon Riders GBP/JPY

Testing 183.70/90. Price stopped just around 183.80 before dipping a bit....Possibly a turn down to 183 before retesting 184 or dropping further. If it does go straight back up to test around 184, I don't see 184 being breached immediately. There ...

Dragon Riders GBP/JPY