And wave complete. Move SL up near the market just in case it's not over.

Dragon Riders GBP/JPY

Even closer, does she have any gusto left?

Dragon Riders GBP/JPY

Price and time working together.

Dragon Riders GBP/JPY

Wait for it. Again, we never really know when an order has been fully worked into a market. This beast is a little more complicated being a cross-pair but the idea still applies.

Dragon Riders GBP/JPY

Getting closer...

Dragon Riders GBP/JPY

We are farmers gents. We don't take in the corn till it's done growing.

Dragon Riders GBP/JPY

This is my pair tonight, I'll update the trade till the dragon falls from the sky. This thing loves to whipsaw.

Dragon Riders GBP/JPY

Whats up with FF? Is anybody home? Kidding, but I'm surprised nobody is "riding the dragon" this fine day -- she just jumped 120 pips to the north. We never know how big an order is -- we stay in until the wave is over. Gone are the days of hard ...

Dragon Riders GBP/JPY

We've finally broken above 3.0000, price used this level as a support on the lower TF's, I think that we'll see it bounce back off that level on the hourly. If 3.0000 truly becomes a support, we may very well see 4 or higher in 2016. The Lira is in ...

USD/TRY

Hello FF, It's been a while. I still follow along from time to time and yes I'm still following this pair. I wanted to post a crazy chart -- the market ticked up wildly and didn't move for over a minute. The market then ticked down to where it ...

USD/TRY

Yes

USD/TRY

2.1125 is the 50% fib. The market has been sluggish to pick back up but I still expect another bull ran to complete an abcd pattern on the longer TFs. I'm still targeting 2.2. Patience. Hopefully the market is building up stops on everyone who is ...

USD/TRY

US data did not help the trade today, it has been soft as of late. We are approaching the 38.2 fib @ 2.1220, I expect this level will hold-- spikes below it will become pins. The market likes painting symmetrical patterns on the chart, given the 820 ...

USD/TRY

Alright, as everyone knows we got our rate cut. The Lira didn't immediately move after the first cut we saw either, it took a couple days. The market could very likely shake out the loose hands (cheap liquidity) through tomorrow. Its just a matter ...

USD/TRY

I'm watching 2.1269 for support prior to the rate announcement.

USD/TRY

Alright guys, the market is consolidating as we approach tomorrows rate decision. All we can do now is wait to hear from the CBRT. I will check in tomorrow after the announcement. I'm expecting a decent cut, but he may just keep rates where they ...

USD/TRY

Thanks for the update, I've been following the Iraq story over the weekend also. The US is sending 300 "advisers." If the situation in Iraq was going to be helped it would take muscle and fire power not American's there telling the Iraqis what to ...

USD/TRY

Finally got your note, thanks for that! looks like we will end the last trading day of the week roughly where we started. Next week will be interesting with a rate announcement on Tuesday. Have a good weekend everyone.

USD/TRY

As I continue to watch the PA this is looking more and more like a profit taking day. If the bears run the show today I will not be surprised to see 2.13. If this is not real selling then we may be sweeping for stops, hard to say though with the ...

USD/TRY

I'm watching 2.1376 for a bounce. Should hold it but you never know. We may see profit taking as Tuesday approaches.

USD/TRY