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Geppy's Geppy Thread (GBP/JPY)

Quoting whatever007
No shit.
OK, I guess I just didn't know you were aware that you were being a tape recorder. Maybe you can tell me what kind of value that adds?
Quoting Geppy
OK, I guess I just didn't know you were aware that you were being a tape recorder. Maybe you can tell me what kind of value that adds?
I was translating it into dummy speak.

Not every post needs to be of profound value. It's a message board. Relax.
Success is my only option, failure's not.
You guys may recall the EJ chart I posted yesterday with the flag pattern. Well, this bull flag broke DOWN and right now it's showing CLASSIC signs of a textbook trade. Check out the retest:
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Quoting Geppy
Ugh, that's nasty!
They don't call her the beast for nothing. I should have known better...
S/R + PA = Simple, Clean, Deadly
Quoting Geppy
You guys may recall the EJ chart I posted yesterday with the flag pattern. Well, this bull flag broke DOWN and right now it's showing CLASSIC signs of a textbook trade. Check out the retest:
Hey....How'd you get my chart?
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S/R + PA = Simple, Clean, Deadly
BOE king speech, and Inflation report hearings due out for the pound.

Markets were all down today, except the pound. Sure looks as if the downgrade was priced in, and now time to go up (because that is the last thing that would make sense).

So with that, let's see what GJ has to offer. I'd like to be going long on yen crosses given the opportunity.
Question: do you mean that it should rebound to at least the 122.050 level fairly quickly?
YEN/EURJPY UPDATE: Looks like daily pivot of 121.30 has turned to a little resistance in correlation to Yen 10.817 R2 turned support. Still early in the night. Don't really see anything until Benny's hearing at 10AM

I know this is a GBPJPY thread, but both are highly correlated to YEN. I mentioned several hours ago about a YEN reversal but didn't know this thread was here.

EDIT: YEN may pierce the above support and retrace to around 10.72.
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The whole world is simply nothing more than a flow chart for capital.
Quoting BobGnarly
138 area would be nice to get some longs in if it holds
Yea, I was saying that earlier about the daily chart but the great shorters here didn't take kindly to it. lol
Quoting Fx3423454
Yea, I was saying that earlier about the daily chart but the great shorters here didn't take kindly to it. lol
Only reason I made the comment is because it wasn't a "daily chart" that you posted in order to support your "Daily Buy" projection. It was a picture of a bunch of bears jumping off of a cliff...

How does that help anybody to understand what or why you are saying what you're saying? It doesn't!

Typing a bunch of one liners on a forum doesn't do anybody any good.
Quoting 100PipsADay
Only reason I made the comment is because it wasn't a "daily chart" that you posted in order to support your "Daily Buy" projection. It was a picture of a bunch of bears jumping off of a cliff...

How does that help anybody to understand what or why you are saying what you're saying? It doesn't!

Typing a bunch of one liners on a forum doesn't do anybody any good.
The picture was not just a bunch of bears jumping off a cliff.

If you look closer it says "sell" and then "buy" there is an analogy there.

But, anyway it's all good. lol

I don't think it will matter much anyway.

If it was the USD/JPY then maybe but it's not.
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Which currency pair's R2 is 10.817?

Quoting Pip Anon
YEN/EURJPY UPDATE: Looks like daily pivot of 121.30 has turned to a little resistance in correlation to Yen 10.817 R2 turned support. Still early in the night. Don't really see anything until Benny's hearing at 10AM

I know this is a GBPJPY thread, but both are highly correlated to YEN. I mentioned several hours ago about a YEN reversal but didn't know this thread was here.

EDIT: YEN may pierce the above support and retrace to around 10.72.
GBP/JPY Weekly Support

1st Target: 139.20
2nd Target: 132.75

Take a look at the Volume (3rd chart) from Yesterday's candle. There was more volume yesterday then there was any other day in the past 12 months!
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Quoting Fx3423454
Yea, I was saying that earlier about the daily chart but the great shorters here didn't take kindly to it. lol
It's not that I didn't "take kindly" to it... I honestly didn't get it paired with your text the first time around (getting only 3 hours of sleep last night may have had something to do with it too).

On second look, it's funny. Bears are so apt to get short they miss the buying opportunity.

I think my views are clearly outlined in my last post. I see this as a correction to the major uptrend and I plan on playing it until that trend continues.
Don`t forget, that yesterday the European Markets mostly closed when the result of the italian election came official.
Today we see in Europe the same like yesterday in USA and in Asia...little down.

The retrace stopped me out. -100, but reentered
lieber aufrecht sterben als kniend leben
Quoting 2+2ex
Don`t forget, that yesterday the European Markets mostly closed when the result of the italian election came official.
Today we see in Europe the same like yesterday in USA and in Asia...little down.

The retrace stopped me out. -100, but reentered
Bah, that sucks bro... I hate getting stopped but it happens and it's part of the game. Things are looking sexy now though
Alright, guys... I'm headed to bed.

I re-drew my fib levels as per Bob's (his were better) and revised my target to just above the 50% there at 137.10

It'd be sweet if it got there while I'm sleeping. Maybe we'll bounce or consolidate there, who knows... but it will be a place to definitely keep an eye on.

See you all in the AM.

Gep
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Price in a triangle which tends to be a continuation pattern.

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Success is my only option, failure's not.
Quoting whatever007
Price in a triangle which tends to be a continuation pattern.

Attachment 1142819
Continuation pattern for moving Up or Down?
Playing with money is the fastest way to become a star or a dust
Quoting FxMagix
Continuation pattern for moving Up or Down?
Down
Success is my only option, failure's not.
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