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- 137 Results (133 Replies, 4 Comments)
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RainBowDash replied Apr 7, 2017Based on how EUR/USD has traded the last 30 mins, it would appear that it won't move down any further but we all know that EU trades this way. Not because the price isn't moving in either direction suggest that it has reached support. I wish you all ...
EURUSD
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RainBowDash replied Apr 7, 2017That is what makes trading forex so tough. Clearly the news was horrible for USD, which is why we saw that initial spike up during the first 2 mins, then the massive sell off. Clearly, "they" are hunting the pending orders that straddled to the buy ...
EURUSD
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RainBowDash replied Apr 7, 2017Why would you say that I am spamming I simply sharing my charts and my entries like everyone else. Since I seem to not be abreast to what is going on here, please enlighten me.
Dragon Riders GBP/JPY
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RainBowDash replied Apr 7, 2017I just closed those massive shorts on GBP/JPY. The formation is still intact, but having been green by so much, I preferred to take the profit. If the price reaches back to the hourly high, i will reenter with the short! Price should hit 136. 767 ...
Dragon Riders GBP/JPY
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RainBowDash replied Apr 7, 2017IF GJ continues to drop here, due to that NFP news, I would assume that it will drop the Jan's 16th low (136.44) which is my current TP! Let us see if we get there. image
Dragon Riders GBP/JPY
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RainBowDash replied Apr 7, 2017Someone was talking about that the other day. Bad news for USD, and USD is gaining strength against EUR; at the moment.
EURUSD
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RainBowDash replied Apr 7, 2017Impressive results. You seem to really have a knack for trading EU! I'll continue to watch your progress!
EURUSD
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RainBowDash replied Apr 7, 2017First move right after the news was to the upside. +40. Now here comes the slow dragged out Price action.
EURUSD
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RainBowDash replied Apr 7, 2017Someone mentioned a few post back, that when EU bends one way for 2- 3 hours prior to NFP, that is the way it heads. I have actually been researching the same topic, and I have found, 5 mins before NFP is the best litmus test to identify where it ...
EURUSD
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RainBowDash replied Apr 7, 2017Thanks for answering. 6 mins more for fire works.

Dragon Riders GBP/JPY
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RainBowDash replied Apr 7, 2017I don't think anyone's charts nor opinion has allowed me to change my mind. I always have a main plan and 2 back up plans when trading this pair, but sadly, today is NFP, and although I am long at this moment, it may drop 100-150 pips in 1 min only ...
Dragon Riders GBP/JPY
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RainBowDash replied Apr 7, 2017I am currently in two small longs, with the stop loss being 137.30. However,being up against the clock on this high impact news, I will just take this loss, should there be a whip lash to the down side. No need to risk blowing my account. I really ...
Dragon Riders GBP/JPY
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RainBowDash replied Apr 6, 2017I have closed the last short for about a 50 gbp loss, which is 1.5% of my account. I have then reversed to a long, with a goal of 42 pips, which is why I have taken a .1 buy and should it pull back 20 pips, i will enter into another long of .1 lot. ...
Dragon Riders GBP/JPY
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RainBowDash replied Apr 6, 2017Where is your TP and SL if you don't mind me asking? You literally got in at the bottom.
Dragon Riders GBP/JPY
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RainBowDash replied Apr 6, 2017Thanks for the information. Safe heaven for a few hours, until it makes a U-turn and leaves everyone saying "I thought it was a safe haven"
Dragon Riders GBP/JPY
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RainBowDash replied Apr 6, 2017image You can see prior to that long red candle on the m15 there was a nice little "fake cup and handle" formation forming. Why was it a fake? Well because it reached about 50% of the move down, followed by that massive 70 pip drop which we just ...
Dragon Riders GBP/JPY
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RainBowDash replied Apr 6, 2017So you are currently in a long, after catching that long candle downward?
Dragon Riders GBP/JPY
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RainBowDash replied Apr 6, 2017No clue at all. I am still looking for the answer myself.
Dragon Riders GBP/JPY