Disliked{quote} what are the fundamentals for 167? why? I dont see any reason. it will be 180 very quickly. by the end of 2014 we may see 200.Ignored
Be humble or be humbled.
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
Geppy - Pick the bottom 18 replies
Lets Talk GBP/JPY "the geppy" 156 replies
geppy is "ugly" when ? 14 replies
Geppy outlook 0 replies
Disliked{quote} what are the fundamentals for 167? why? I dont see any reason. it will be 180 very quickly. by the end of 2014 we may see 200.Ignored
DislikedDelpiero, in my post that you quoted I've given the fundamentals for my case of 167. What are the fundamentals you can provide regarding an exchange rate of 180 Japanese yen to 1 British pound? It's already risen 950 pips from the last emerging market mini flash crash. The bottom on 2/5/14 and the high last Friday. So what is the case for another 750 pips from the price right now in Tokyo?Ignored
DislikedAbout 60 pips on my sell order so far. Will hold it past the BOJ announcement into Wednesday at least.Ignored
Disliked{quote} Hold till Ukraine Referendum, not likely to run much before that. March 16/17 is the d day for mkts. What would the stand of West on Russia's capture of Crimea and Crimea going all out to get annexed into Russia. Fed Meet following that as bonus.Ignored
DislikedDecision points for calendar week EU(11)/US(11) for GBP/JPY: Map: (1) 177.20/00 (2) 175.60/40 (3) 174.80/60 optimal TP (long) (4) 173.20/00 (5) 171.60/40 (Sweet Spot) (6) 170.80/00 Short TP + Buyback or add for continuation (7) 169.60/20 Second Buyback etc. (8) 168.20/00 (9) 166.40/20 (10) 165.20/00 Actual decision point @ 50% of both decision points @ 172.00/71.80Ignored
Disliked{quote} I am waiting for it to go deeper. I look for a definite rejection of an area. I prefer to see price accelerate into an area, and then reject with force. That shows me there is a good bunch of orders at that point. I am always wary when price saunters into an area of interest. But that might just be me....Ignored
DislikedHere is my current view. We've had a strong uptrend starting 4 Feb - 18 Feb. Currently the market is in consolidation mode forming a textbook bullish flag. The market should continue the uptrend but it will probably require some GBP positive news to do it. There is some important news coming up next week (Manufacturing/Construction/Services PMIs and the Bank Rate and Asset Purchases). If the data fails to meet expectations then there will either be further consolidation or the price will violate the bullish flag.Ignored
DislikedFocus on london session & ny session. No reason to jump the gun here whatsoever. I dont trade illiquit periods.Ignored