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- Feo replied Jun 14, 2016
If the news goes in your favour, and you set a buy on cable at 1.4171 now, and a buy on gbpjpy at 150.18 now, then it will be a good trade
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
Conversely, on EURGBP except for 4hr, the other 3 have already crossed down. So we are setting up for a big move now.
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
If price moves higher now, and macd on hourly crosess up, it will drag 3hr macd up which will drag 4hr macd up, which will cause a big move
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
eurgbp got sold at weely R1, so the previous hour was be a reset above pivot, (hense the opposite move on down on GBPJPY) And now this hour could continue downtrend to weekly pivot
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
Sorry Pip-miner if I trade against you London open at 149.68. Will long at 149.72
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
I see a big sell from daily pivot 1280.00 to weekly pivot 1262.12
Simple Gold Trading EA for more profits
- Feo replied Jun 14, 2016
I know this is completely of topic, but I see a big sell in Gold here. From daily Pivot 1280.90 down to weekly pivot 1262.12
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
If this half hour can close below 149.65 but above 149.60, then next half hour should be big move up
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
I hoe you all use eurgbp to gauze before trading gbpjpy. They move opposite to each other. R1 is sell and S1 is buy. Well here on eurgbp weekly R1 is at 7961 and I can see a clear sell now.
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
When the hour closes, and it has crossed the .00 mark, or the .50 mark, the next hour is going to be a pause. So lower time frame traders should take this into account Cable now is an example
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
This is a 4hr chart starting Friday, yesterday and now. The black up arrow indicates the 4hr that hit the S1 or R1. The black boxes are just one hour char. of that 4hr scenario, , so that you can see the example of the of the rejection of R1 and S1 ...
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
Morning Day R1 is always a sell and Day S1 is always a buy on the first attempt. The first attempt only. These two pivots are usually high or low of day. It's the lowest risk entry I believe. Simply wait to be filled, as soon as price shows it's ...
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
I still prefer scenario ONE, just that the 7am candle is red and not green Daily S1 is a buy order, 149.19
Dragon Riders GBP/JPY
- Feo replied Jun 14, 2016
Good morning If your refer to post 18,319 it was just scenario TWO playing out
Dragon Riders GBP/JPY