That exactly my plan too, give or take a few pips.

Dragon Riders GBP/JPY

Not bad. This video reminds me of another video, this one here. It is THE most watched video on Youtube, with close to 3 BILLION views: video

Dragon Riders GBP/JPY

Nah, the party's over, pullback time now. ("The party is over?? What do you mean the party is over...") video

Dragon Riders GBP/JPY

Bank of Japan Minutes, now easy boy, don't do anything stupid or I will boycott Sushi restaurants

Dragon Riders GBP/JPY

The market makers love to play games during the Asian session...

Dragon Riders GBP/JPY

GBP/JPY is testing the low of the day (140.59). So far no real follow-through. Come on, get up there you lazy mule!

Dragon Riders GBP/JPY

Nah, you are fine. Almost, hahahaha Just kidding.

Dragon Riders GBP/JPY

On the other hand if you start the FIB calculation from the top of the move (May 10, 2017, same 4h chart), GBP/JPY just got rejected three times at the 38.2% fib level and went down (see chart). See how easy it is to draw two opposite but equally ...

Dragon Riders GBP/JPY

What on earth are you talking about?? We are just exchanging trading ideas, nothing more, there is no need to turn every single post into a personal matter. Relax, stay zen, everything is fine.

Dragon Riders GBP/JPY

So I assume you are short then? Or simply flat and waiting for the right time to short.

Dragon Riders GBP/JPY

Believe or not but when I saw that big 3 AM 30-min green candle, I had the weird feeling that this was probably the high of the day. In other words a bull trap.

Dragon Riders GBP/JPY

On your pic above, you risked 1 unit (0.14 lot), then you lost and risked more than 3 units (0.46) then you lost and risked more than 10 units (1.52) and this time you won. So if I understand you correctly you risked a total of 14 units to earn 6 ...

Dragon Riders GBP/JPY

I never said that adding to losers is bad, I said that adding to winners is better. Big difference. I mean think about it for a second: how many pullbacks can you profit from when the market is moving against you? One or two maybe? Now how many ...

Dragon Riders GBP/JPY

When I am wrong I lose a few pips (35 to 50 pips max), sometimes I even close and reverse the position and then I move on, simple as that. Yesterday for example, all the BUY BUY BUY lights were green, so I bought (in fact I bought the day before), ...

Dragon Riders GBP/JPY

Interesting. So you believe some traders (or even brokers) know exactly where the market is headed so they start posting lies to intentionally deceive unsuspecting FF traders and pocket their hard-earned money? You my friend have probably been ...

Dragon Riders GBP/JPY

Bought GBP/JPY at 140.70, 35 pip stop. I am betting on a pullback to the 141.20 area. Then I will short again at that price and make at least a 100 pip total on that round-trip (50 + 50). Yep, that's it. Now let's see...

Dragon Riders GBP/JPY

So Mr GBP/JPY, are you going to pullback or not, so I can short you again? Or perhaps you are waiting for Bank of Japan Minutes (7:50 PM EST), is that it?

Dragon Riders GBP/JPY

It was a very simple (and politely asked) question really, and a simple "Sorry, I really don't know how to do this" would have been enough. Anyway.

Dragon Riders GBP/JPY

I believe you are running a system on the FF platform, something called Explorer, right? Could you please copy and paste the exact URL of your equity curve, I am not familiar with FF Explorer? Thanks.

Dragon Riders GBP/JPY

And the breakout was indeed a false one. Here is the current situation on the 1h chart, as far as this long descending channel is concerned (see chart below). Some pullback should take place now (and in that case I will be shorting some more).

Dragon Riders GBP/JPY