DON'T. Wait for a clear signal to short. Both the eur/usd and gbp/jpy are on the verge of a breakout, and nzd/usd is also roaring to go up even more despite being overbought. whatever market makers driving this mean busienss. Update: Sorry; I didn't ...

Dragon Riders GBP/JPY

GBP/JPY is still struggling between bulls and bears. If it goes back up to test 179.60, it may break above 179.80 and move onwards. And on that note, I have a short order for the NZD/USD at around 0.76100; it's getting overbought by now, and we ...

Dragon Riders GBP/JPY

Hey Benaiah! It's been a while since I saw you on FF. Where were you? Were you staying in the EUR/USD and USD/JPY threads the whole time?

Dragon Riders GBP/JPY

Longed again at 179.60. It looks like longing at 179.30 (halfway between the 2 recent DPs) was the right choice, but I hesitated. Aw well. At least I got it at the same price that I closed my initial long with.

Dragon Riders GBP/JPY

One last attempt at 179.60? Or one last move up to the next resistance? I'm personally leaning towards hitting above 179.60 for now. We might hit 179 before that though.

Dragon Riders GBP/JPY

Buy at 179.30, or 179.00......Probable support vs. stronger support (but not as probable). Choices, choices.

Dragon Riders GBP/JPY

Took profit at 179.60 from 178.580 long. 100 pips pocketed, waiting for 179.00 retest to load (or possibly earlier depending on the strength of the bulls)

Dragon Riders GBP/JPY

It would be hilarious if we did reach 180.10/00, 180.50, or even 181. On the hourly chart, the ichimoku cloud resistance seems to be 179.10/00. We break that, there's a good chance of heading beyond just the next resistance.

Dragon Riders GBP/JPY

I got 179.60 for the daily R1 zone, but it's only 10 pips. Also, I'm seeing 180.10 if we do break above 179.60/50. I'm guessing we have similar DPs?

Dragon Riders GBP/JPY

Not necessarily. I'm still also looking to long the 178.30 range if it hits. Nothing's certain until we make a clean break above 178.75. But thanks for your compliments anyways

Dragon Riders GBP/JPY

It already hit it once, though. It may not do that again before just going back up.

Dragon Riders GBP/JPY

Meh. GBP/JPY failed to make any headway lower. My short from 178.233 closed manually shortly after the price bounced back from the last drop below 178.10. Lost About 15 pips, but far more preferable to keeping it down with the given prices. ...

Dragon Riders GBP/JPY

Don't worry. I'm still alive and kicking.

Dragon Riders GBP/JPY

Lowest monthly support for 2015 is 175.50. Just 260-280 pips until we hit rock bottom for the year

Dragon Riders GBP/JPY

Gotta love that uncertainty. Yeah, that's my take too. I'm looking at 177 +/- 20 pips to be the next support if we go down. But given the sheer lack of movement & hesitation to go below 178.10, I'm looking more for on the lines of 175.70 ...

Dragon Riders GBP/JPY

Somewhat. I understand what you've said here, but I'm having a hard time identifying which part of the post refers to Option 2 and which part refers to Option 3. So I take it that you're looking for a drop down to the "first" support of 177? Is the ...

Dragon Riders GBP/JPY

Quick question, Mpt. By option 2 & 3, do you think that we're currently in the "nowhere phase" and is waiting to move down to the next support (177) and possibly below? Not sure if I interpreted your messages correctly. In both cases (option 2 & 3), ...

Dragon Riders GBP/JPY

If you look at GBP/USD, youll see that it's right now back to its opening price at the start of yesterday's trading day. I think that's what's holding the GBP/JPY up right now. It'll be difficult at this point, I expected the pound to drop after ...

Dragon Riders GBP/JPY

Confirmed breach of 177.875. Looks like the last minute price action analysis for the GBP paid off. Still shorting from around 178.233 Now let's see if we can get lower to 177. image

Dragon Riders GBP/JPY

Well, we still do have good traders in the EU thread, like Gatorinla, Sisse, and Fxtyrant. As for Tyrant, sure, he might come off as arrogant to some (which he doe not deny), but his inputs are solid, and really, given his accomplishments and input ...

Dragon Riders GBP/JPY