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Dragon Riders GBP/JPY

Obviously this move up can be viewed two ways. I mentioned when it happened that the previous time it fell into 122, it was pulled right up by CB interventions. Since the 196 drop, a hard thing to fathom was what i refer to as the 'one touch and ...

Dragon Riders GBP/JPY

128. Careful here. It's failed to pop back under 127.8 again. Any break over 128.5 could be agressive

Dragon Riders GBP/JPY

[/quote] I've been on these GJ forums since 2009, yet since that time, hardly a week goes by without the 742 trade thing getting brought up. For some strange reason it is only referenced to NY time, which is constantly strange on an international ...

Dragon Riders GBP/JPY

March 2011 / Oct 2016. Fell from the same place. Dropped to the same place. Both +/- 50 pips. Both within about 90 minutes of each other. The first crash had already recovered to 131 within 6 hrs, mainly because the Japanese Govt screamed and ...

Dragon Riders GBP/JPY

Yeah, it really is a total shit when you get over 21

Dragon Riders GBP/JPY

Well, I guess the 1.22 has broken. url . If any more, then Soros' 1.15 comes up. GJ met a technically perfect (mid triangle) target, but would now have to claw back over 129 and 130 to suggest possible completion. Waited for a decent fall, but ...

Dragon Riders GBP/JPY

Price 131.19 . Friday 30 Sept (where I am). This daily candle must fade below the earlier low a few hours ago, preferably well under 130.6. It's pretty much on the line right here. Another break up could be strong

Dragon Riders GBP/JPY

Was wondering when someone was going to arrive. Maybe an hour or two late, but somewhat predicable. Possibly a Price channel. Used recently around 155. Used extensively in the fall from 135 to 118 with subsequent minor drop out. Ideally in this case ...

Dragon Riders GBP/JPY

As some folks are aware, I've never been overly fond of so-called trend lines. I used to update the blue line every year or two, but haven't done so since 2015. The red falling line appears to have some merit. image

Dragon Riders GBP/JPY

It implies that this is a bloody huge and significant place. It also implies that you have to work out the rest for yourself. And, preferably, don't just go with the groupthink on forums such as this.

Dragon Riders GBP/JPY

Multi yr chart re-posted with slight variations. I repeat the mantra that this chart may be displaying a setup that offers one of the most significant trading opportunities since the fall out of 570 entered a corrective phase in Sep 1992. image

Dragon Riders GBP/JPY

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Dragon Riders GBP/JPY

It's quite surprising how much idiotic detail remains locked in after so much time.

Dragon Riders GBP/JPY

See, I told you 45 months ago it wouldn't go over 131!!!! And you were so damned certain it would. Well, 4 years later it's only just barely over 131. I walked away for 4 years, and upon returning I see it's still there. Does this mean I won the ...

Dragon Riders GBP/JPY

History lesson. Ignoring the intervention to 84, with follow on eventually to 120+, the only recent occurrence of a BOJ operation falling back and then going onto a marginal new high was Feb 2016 with the (GJ) 175 retest. Every other one falls back. ...

Dragon Riders GBP/JPY

Your toolbox should be completely overflowing and every possibility should be open. Then there are folks who'll turn up here and say "tech only/fundamental only/never use fibs/never learn waves/never use TLs", etc etc. However, only by analysing ...

Dragon Riders GBP/JPY

There was a person on this forum who fervently believed in the fundamental side of things. He remained long from 187, but even after hedging attempts, had to close at 165. He lost close to US$1 Million. At 166 this could have been a correction (I ...

Dragon Riders GBP/JPY

I remain confused. Does anything whatsoever happen outside of New York time? Or, in the case of both Pound Sterling and Japanese Yen, do all their administration reporting or various central bank operations only occur using New York time? I'm sure ...

Dragon Riders GBP/JPY

Below 118, as I outlined, 104 ish remains on the books. But then so do 95 and 87.5. Although the biggest issue I continue to have with 87.5 is not the number itself, but the fib extension value. 73 makes more sense. Because Sterling Yen NEVER stops ...

Dragon Riders GBP/JPY