No applause needed. Everything I said was common sense that could have been backed up by any other senior member on ForexFactory. I still don't understand why so many traders take the forum as a "me vs other traders in the thread" mentality. Given ...

EURUSD

OH, for heaven's sake. To everyone who's bashing fxtyrant for being "cocky" and talking about how he was right about the eur/usd dropping: The writing is practically on the wall for the eur/usd to drop further. Does the word "fundamentals" not mean ...

EURUSD

My condolences. You might get another chance to short depending on the bounce from the next support of 177.60/50. If we're headed down to 177 and possibily even more below, that bounce from the halfway point between 2 fibonacci points is a good area ...

Dragon Riders GBP/JPY

Don't know about going straight down to 175.70, but there's a good chance we'll see a decent pullback, like the one we're seeing right now. I do agree that 178.10/00 is a significant resistance to overcome, and quite frankly, I'm still targeting ...

Dragon Riders GBP/JPY

LOL, it was more of a joke, really. "Standard" (i.e. lagging ) indicators might say that shorting there isn't a bad idea, but I neutral-bullish even in that area for the usd/jpy. If the market really was that tempting I'd probably be in on it ...

Dragon Riders GBP/JPY

That latest candlestick looks so tempting to short.....I'll stick to my cable short from 1.48160 for now. I swear, if it takes all the way up to friday for the gbp/jpy to break out of this range trading (177.00/176.850~178), I will......probably do ...

Dragon Riders GBP/JPY

*gasp* Could it be? That Mpt's real life name is Ryan Littlestone?

Dragon Riders GBP/JPY

10 pips of profit locked, current unrealized profit at almost 40 pips. Houston, we have no problem...for now. glad to see you again, Mpt. And as usual, I find my analysis in agreement with you-smart money seems to point towards an interesting ...

Dragon Riders GBP/JPY

It could be, my friend; it could be. and that fits nicely with my recent post: Also, we'e getting closer and closer to what I call "Mayday" (i.e. the U.K. general election of 2015 in May, which could determine the strength of the pound sterling just ...

Dragon Riders GBP/JPY

Mondays often don't have big movements, but that's not necessarily the case, especially when you get wacky movements like this. I'm more comfortable with keeping low liquidity Monday in moment as a memo (i.e. something to note), but not as an ...

Dragon Riders GBP/JPY

Good luck. I'm holding a short from 177.800, but it's mostly based on intuitive price action for this short. I don't like these whiplashes, seeing as how it makes it hard for people to know when to buy low and sell high at the right moment.

Dragon Riders GBP/JPY

Not just that. I just checked stocks as well. I think might be S&P500, which got a good bounce around 2 hours ago. I think Nikkei also fell. Could also be Greece, but I've got nothing specific. Stocks Still doesn't explain exactly why the bounce is ...

Dragon Riders GBP/JPY

Update: Got a small short in at 177.930...looks like it's working out for now. Does anyone know why the euro and pound sterling decided to get a rise around 2 hours ago?The only thing I have is the Swiss KOF economic (unlikely, since impact onf ...

Dragon Riders GBP/JPY

Something weird happened. Stopped out of my TL at 176.950 following break of 177; Price decided to go up rapidly for no reason. Still profited, but this wasn't a nice surprise considering I just woke up. My profits....

Dragon Riders GBP/JPY

And done. Right on the mark. I guess the bulls just couldn't get steam. Didn't even hit the 2nd fibonacci resistance at 177.80. You have to love the price reaction on the 15min. chart; As soon as we came around 177.740, price just sank like a stone ...

Dragon Riders GBP/JPY

We'll have to break 175.70 first to get a shot at it. But 172.300 might take a while. If you're new to this pair, I recommend you opt for smaller targets, since the geppy is infamous for its whiplashes and bounces in between supports. Because greek ...

Dragon Riders GBP/JPY

Possible, but it's more likely that this is a correction. USD/JPY is only in a correction from a bullish trend from what I can see; it only fell a few hundred pips, which is normal for the USD/JPY considering its past chart movements. We have not ...

Dragon Riders GBP/JPY

Same news. Holding onto my shorts for the gbp/jpy, despite the bounce from rumors of the Greek capital control.Targets are the same as before, but at this rate, the best I can expect is to hit 176.50 (if that even happens to begin with). It'll take ...

Dragon Riders GBP/JPY

Capital controls in Greece would be be bad for Europe (i.e. sell euro). Effect on pound sterling would seem initially mixed, but since everyone will flock to the usd dollar haven for currencies, the relative strength of the sterling should actually ...

Dragon Riders GBP/JPY