Geppy's Geppy Thread (GBP/JPY)

LOL missed that one

shit

wow, what BS... saw this thing poking down and cut my longs, what a close call

mummy

sidelines at the moment..

Long small

Reloaded longs on the dip, Tight SLs

I'm going to test some shorts as it hasn't been able to close above the lows from earlier today.

Good luck to us.

The 15 minute chart still shows an ascending triangle which is basically a continuation pattern.

I also use very little leverage because sometimes people forget that the idea of trading and investing is to sell an asset for more than what you bought it for.

Buy at a discount and sell for a profit.

It's an easy concept to follow but it is fear that can cause traders to sell for less than what they paid.

Sell @ 145.17

144.85 looks like a nice TP

moved SL to BE

Closed. +30 pips. Let's see now how this demand level acts.

If this level holds, it's a good opportunity to buy.

UJ, EJ and GJ at critical levels, time to buy?

Buy @ 144.92

could we see 145.60/85 soon?

If this thing gets out of its slump, we'll be at those prices in a heart beat. Been pretty stuck though...

Hi all,

I haven't trade this pair but mainly EU and UJ, sometimes EJ. I have some bad experiences of GU so all Gable pairs have been banned for me...

However I follow this thread and do like the way traders recpect each others opinions. It's not whether you are right or wrong, it's more like conversation where everybody have his/hers opinions and others respect that. In many other threads there is only one "truth" at the time and if you don't agree, then... well you know.

I have been UJ bull for a some time now and made and lost money with it. What bothers me at the moment is that yen have already devalued a lot and now Abe changed his verbal tone this morning. His announcement not to buy foreign bonds is quite significant in my opinion and I am wondering why people are still keen to go long. Personally I would wait until London open or even NY and make move after that. I would love to see yen getting weaker cause thats a easy trade but first time for weeks I am a bit worried that it will not happen.

Anyway, all the best for all of you and please share your opinions.

Moi

Same here with Sterling, GJ seems to be the exception for me.

Moi,

Great to see some other Northern traders here

Got stopped at BE last night, Just went long on EJ and GJ

GJ at 144.56
EJ at 124.75

Stops below the lows
TP is open for now