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Vermillion replied Feb 12, 2015Wait-lemme bring out the champagne. A toast, I say, to our beloved friends in the BOJ!

Dragon Riders GBP/JPY
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Vermillion commented Feb 12, 2015Pocketed 540 pips total from 3 separate shorts. Thank you, BOJ. For once, you haven't been a total dick.
BOJ said to see any Extra Stimulus as Counterproductive for Now
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Vermillion replied Feb 12, 2015BOJ said that their consumer sentiment would be hurt by further yen crash=> BOJ don't like what market is doing=> Yen better rise, or bank intervene (or at least, the geeneral retail expectation) WOW. MY final profits triggered in 5min. Amazing. I ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 12, 2015I take that back. what the fuck? I expected retest of recent lows, but THIS? Price droppedover 100 pips in a single moment. I'm happy, since I profited, but I closed waaay to early in comparison. BWAHAHAHA. BOJ bank shock. I get it. They intervened ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 12, 2015Not yet. Still time and room to zig zag a bit. BOE limits all big movements right now. Breakouts rarely happen before a central bank report
Dragon Riders GBP/JPY
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Vermillion replied Feb 12, 2015Technically, we can still see downward corrective momentum so long as the yesterday's highs aren't breached. That's technicality for ya. Honestly though, new highs are just too unlikely prior to BOE; I'd personally recommend scalping longs for few ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 12, 2015London is coming in 9 minutes. We've got only a few hours to get a glimpse at what sentiment the market holds for now. Anyone planning on holding their trading positions through BOE announcement? News is expected to be dovish for the pound, I think. ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 12, 2015SL triggered with overall profit of 35 pips while asleep. Meh. We're at an interesting spot right now. But with the BOE coming up soon in less than 3 hours, I wonder if London has enough force to move the markets somewhere.
Dragon Riders GBP/JPY
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Vermillion replied Feb 11, 2015It might get triggered following the BOE. Unfortunately, if we don't break below 182.70 (halfway between two fib points), we're probably going to stay within yesterday's range. Still, BOE announcement limits upside, since gbp/jpy is somewhat ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 11, 2015Penetration of 183. I've added another short at 183.00. Shorting from 183.80, 183.59, and 183.00 respectively. Targets are same as before with a manual TP in the final moments before BOE announcement. Good luck to everyone who have positions in this ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 11, 2015Greece slated to stay in bailout plan. Eur/usd bounced higher...along with geppy. For that matter, the british pound has a BOE announcement coming soon-and it's at a critical junction point on the daily chart. Probably short at higher price, ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 11, 2015Already added shorts near the daily top. Going to add more short if 183.20/00 breaks. Main TP target is 181.50 +/- 25 pips, but I'll probably take partials around 182.20/00 (initial ichimoku cloud support). Guess we're in it together.

Dragon Riders GBP/JPY
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Vermillion commented Feb 11, 2015Ignore the details, pay attention to market reactions. Go with the trend, and you'll succeed more often than you don't.
Eurozone leaders believe Syriza must fail and be seen to fail
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Vermillion replied Feb 11, 2015Hmmm....hope you don't mean any portfolio/fund. Lord knows how many financial institutions are flipping over because of central bank shocks. SNB decides to remove the price floor (and then does a 180 degree turn by buying the eur/chf back up from ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 11, 2015I think it's u.S. oil supply driving the yen pairs up; the prices for yen just jumped dozens of pips right after the oil announcement. Shouldn't we be getting a correction (100pip+) soon? The gbp/jpy is increasing way to fast for me to consider ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 10, 2015Damn Greece. The nervousness over the Greek debt issue today is causing Asian markets to do absolutely nothing. By the time we get things going somewhere, we'll probably have the Eurozone meetings, and we might just see prices suddenly tipping to ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 10, 2015Update: Currently cruising near breakout point. Manual close for shorts ready to trigger. Guess they want to go up(?). Might see one last retest of 182.20. Edit: Closed shorts. Let's just go with the flow. Thankfully, the geppy's volatility is ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 10, 2015For those who are interested, here's my chart (I used 5min chart for a larger picture). So many bright lines. It's so colorful.
image Dragon Riders GBP/JPY