About your previous quote...GU did break above 1.49, but 1.49300 looks precarious to me...it may break within the next 24 hours, possibly earlier. I prefer the 179.00 hourly resistance for the gbp/jpy on the ichimoku kinko hyo. And if my setup ...

Dragon Riders GBP/JPY

And done. Pocketed 50 pips in profit for that long, now currently with a short at 179. Initial key targets are at 178/177.85, followed by 177.10/00. To the upside would be 179.60.....going to quit this short if we see a clear break above 179.

Dragon Riders GBP/JPY

What about locking in profits? Sure, you might get stopped out more, but at least you'd be getting some, no? I find really tight SL to be a bit difficult to trade.

Dragon Riders GBP/JPY

What about 1.10300~1.10500? That's what I'm eyeing right now, other than 1.10 if we go past 1.09400

Dragon Riders GBP/JPY

I love the look of indecision for the gbp/jpy on the 5min chart. Go flip a coin, I guess. I'm going away from the desk for now, and probably won't be back until my trade gets SL hit or price approaches something resembling 179. Update 1: Oh, would ...

Dragon Riders GBP/JPY

Yeah, this is a pretty risky trade. My trade position for this long is 2/5 of my usual size. Still, my main trade has a short to trigger at 179-ish, and if that hits, this will be a nice extra pocket change.

Dragon Riders GBP/JPY

Going for a quick scalp- long on 178.50, target is 179.00. Manual SL planned, but have a hard SL in place a bit below.

Dragon Riders GBP/JPY

How'd you guess? I'm not getting anything to eat until around 3 hours later...during lunch. Stupid real life schedule.

EURUSD

Yeah....I'd love to get a bite out of that. Unfortunately, my experience with fast food restaurants have taught me that hamburgers RARELY, IF EVER, look in real life as they are supposed to be from the pictures. ....now I'm hungry.

EURUSD

None. You'd have to be a fool to rely on predicting frequent speeches by any head of a central bank of any nation to get successful trades. Markets can react in what appears to be the exact opposite of what the bank president appears to say, and can ...

EURUSD

For the successful traders who do this as their part time job or full time? They're either: a) In it for more than an intraday (i.e. weekly-biweekly position), so this is well within acceptable range b) Intraday scalpers/early swing traders who ...

EURUSD

I'd be careful if I were you. Given Fxtyrant's risk management, 3.5 lots with -100 pips or so is nothing, and in the weekly outlook, he's far more likely to get his TP zone hit than he is to get stopped out by a margin call. EUR/USD is still ...

EURUSD

Morning everyone. Forgot to wake up earlier, but it seems that my auto TP zone of 178.40 was triggered for my shorts at 179.568 and 179.640. It's always nice to ee that the market went your way while you were asleep. On the down side, my SL for ...

Dragon Riders GBP/JPY

GBP/NZD oversold; look for a potential pullback within anywhere within the next few hours or the week; I'm staying away from that right now. image NZD being overbought on account of the new Chinese news release? Don't know why NZD is being ...

Dragon Riders GBP/JPY

Watch the cable (GBP/USd) at 1.49000. If price falls below that with a clear break, we've got a very high chance that it'll drag down the GBP/JPY from whatever price it was sitting on at that moment.

Dragon Riders GBP/JPY

There is a good chance than once 178.90 +/- 10 pips is reached, that we'll get a bounce back up to 179.30/20. I don't know if that'll lead to further movement down or a resumption back up. We'll have to see how price reacts. If we hit 178.90/80 and ...

Dragon Riders GBP/JPY

Shorting from 179.568 and 179.640 respectively, target is 178.90 +/- 10 pips. That range seems to be the next ongoing support on the 15min, 30min, and hourly chart, and they also happen to be near a halfway mark between 2 fib points (specifically ...

Dragon Riders GBP/JPY

We'll probably have nothing of significant note until deep into tokyo session, or more likely, the London session of the market. And even then, Mondays tend to be rather erratic, what with the first day of the week usually having the lowest ...

Dragon Riders GBP/JPY