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Vermillion replied Mar 18, 2015I think this is becoming a reality. We're 95%+ back down to square one for the GBP/NZD, ladies and gentlemen.
Dragon Riders GBP/JPY
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Vermillion replied Mar 18, 2015GBP/NZD correction prices: 2.0130 - Check. 2.0100 - Check. 2.0050 - Check. 2.0000 - In progress. Scalping a long at around 2.0000 would be decent for the GBP/NZD. Mind you, it's a scalp, not a daily position.
Dragon Riders GBP/JPY
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Vermillion replied Mar 18, 2015Pivot point of 2.0130 hit for GBP/NZD. Might consider a scalping long depending on whether the currency pair calms down after the news. Or maybe a short, if we break below Update 1: 2.0100 just 3 pips away from being printed. This looks interesting.
Dragon Riders GBP/JPY
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Vermillion replied Mar 17, 2015I'm eyeing GBP/NZD right now, and it looks like a false flag breakthrough above 2.02; I'm looking for a move down to the current pivot point of 2.0130, followed by 2.0100, 2.0050, and 2.0000 for the next supports (in the case it goes below pivot ...
Dragon Riders GBP/JPY
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Vermillion replied Mar 17, 2015I still have my short from 179.016. Initial target is 178.
Dragon Riders GBP/JPY
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Vermillion replied Mar 17, 2015Starting from April or so, I would refrain from holding any monthly bias on the pound until the UK general elections are over, and look to long it on a potential daily scalp or a weekly swing trade, assuming that prices for all pound sterling pairs ...
Dragon Riders GBP/JPY
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Vermillion replied Mar 17, 2015I hope we don't go too much below 178, if it were to get printed. After a certain point, I'll have to revise my weekly sentiment about the GBP/JPY then, since that wouldn't be natural for my current bullish scenario. At any rate, I'm currently ...
Dragon Riders GBP/JPY
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Vermillion replied Mar 17, 2015Huh. Well, i ended up shorting gbp/jpy again at same price (179.016) after TPing the first one at 178.60. It worked. On the other hand, my shorts for GBP/NZD got slammed right to the hard SL with the milk prices. Based on how we've only had 1 ...
Dragon Riders GBP/JPY
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Vermillion commented Mar 17, 2015Seemed to be leaked, by the looks of the GBP/NZD
Fonterra’s GDT Price Index Falls 8.8%
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Vermillion replied Mar 17, 2015Not at all. I should be thanking you instead, since you help out so many people in this thread (sorry for the late reply, though).
Dragon Riders GBP/JPY
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Vermillion replied Mar 17, 2015DP = decision point. 1/2 means halfway between 2 decision points, which is FX-Ray's points of interest (i.e. potential support/resistance)
Dragon Riders GBP/JPY
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Vermillion replied Mar 17, 2015GBP/NZD has a bigger bounce compared to GU & GJ. Probably because of the 2.000 psychological support. But honestly, the bulls seem to be failing. Just fall already, damn it. I need to go out soon, and I'd very much prefer to not leave my positions ...
Dragon Riders GBP/JPY
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Vermillion replied Mar 17, 2015And you know, the sad thing is that that's not far from the truth in my state. In some cases, that's pretty tame.

Dragon Riders GBP/JPY
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Vermillion replied Mar 17, 2015shorts at 179.90. (+/- 0.3 pips). Initial target around 179, optimal TP at 178.20/00. Will take partials. image Also have been shorting the GBP/NZD since its peak at 2.01 yesterday. Not much to post; Just been busy buying and selling the pound ...
Dragon Riders GBP/JPY
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Vermillion replied Mar 13, 2015I've only been able to trade 3 days (March 11 - March 13) this week due to personal issues. I missed a lot of pips on the huge movements in the first half of the week, but surprisingly I managed to almost fill my bi-weekly minimum quota. image I ...
EURUSD
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Vermillion replied Mar 13, 2015Love it when new supports get hit and penetrated. EUR/USD, GBP/NZD, GBP/JPY, doesn't matter. Scalping longs with half the usual position is still profitable, and this 10-20 pips really add up when you get four or five of them. God bless the ...
Dragon Riders GBP/JPY
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Vermillion replied Mar 13, 2015I knew the GU would fall 150pip+, but this is just too quick. WE haven't even gone halfway through the NY session, for god's sake. Lost 1 pip in my scalp (lol). Still wish I could get that couple dollars back....
Dragon Riders GBP/JPY
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Vermillion replied Mar 13, 2015Took profits on GBP/JPY short at 179.50, took a scalping long at same price. Probably going to target 20-50 pips in profit, or BE if it comes to that. 180.00/40 will be a decent area to add another short, provided that bearish trend remains largely ...
Dragon Riders GBP/JPY
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Vermillion replied Mar 13, 2015It is. I've seen FX-Ray do it frequently, after all. Sadly, I often come in a little too early/late by 20 pips or so, so my SL always as to be around 40-50pips, possibly more depending on the duration of the trade.
Dragon Riders GBP/JPY