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Geppy's Geppy Thread (GBP/JPY)

  • #481
  • Feb 20, 2013 12:07am Feb 20, 2013 12:07am
Once again...agree with your analysis...
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  • #482
  • Feb 20, 2013 1:25am Feb 20, 2013 1:25am
Quoting Geppy
Thanks, dude. So far, so good.

I've never liked CAD, not sure why.
I know why... The pair (USD/CAD) is too SLOW! LOL
  • #483
  • Feb 20, 2013 4:07am Feb 20, 2013 4:07am
Quoting 100PipsADay
I know why... The pair (USD/CAD) is too SLOW! LOL
Pretty much

My 143.32 target was hit with ease.

I just took a very small long here at 142.98 and gonna see how she holds up for a bit... may take another.
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  • #484
  • Feb 20, 2013 4:52am Feb 20, 2013 4:52am
Quoting Geppy
Pretty much

My 143.32 target was hit with ease.

I just took a very small long here at 142.98 and gonna see how she holds up for a bit... may take another.
Alright, I added one more and put my SL in place at 142.65

Risking 25 pips to gain 60... not optimal, but a decent R:R

After that, I'd probably be looking for shorts again in the mid 143.70s to low 80s. The mid-term trend is short and I intend to scalp longs when I see fit and play the short trend overall until PA tells me it's over.

If we manage to take the lows in the 142.75 area, I do think we'll see at least another 200 pip drop, if not more.

Back to sleep for me.
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  • #485
  • Feb 20, 2013 5:28am Feb 20, 2013 5:28am
double bottom on 4hr chart and 800Ema acting as support. good place to buy
We trade to live not live to trade................
  • #486
  • Feb 20, 2013 7:20am Feb 20, 2013 7:20am
Quoting BobGnarly
Yea I rarely trade it, I see weakening in crude and cad broke important level. So I am giving it a shot.


Up 35 pips on ucad right now, still unsure about gbpjpy, I like trading breakouts and until then I will be on the sidelines..

Oh, yea.. Good short Geppy lol
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  • #487
  • Feb 20, 2013 7:30am Feb 20, 2013 7:30am
Quoting Geppy
Pretty much

My 143.32 target was hit with ease.

I just took a very small long here at 142.98 and gonna see how she holds up for a bit... may take another.
Nice call on the short. I'm reloading long here above 143. Seems like make or break area here.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #488
  • Feb 20, 2013 8:49am Feb 20, 2013 8:49am
Quoting BobGnarly
Up 35 pips on ucad right now, still unsure about gbpjpy, I like trading breakouts and until then I will be on the sidelines..

Oh, yea.. Good short Geppy lol

Had a very good call on the ucad breakout

Stop at + 15 on ucad

Possible GJ short if it struggles with 143.50 to the upside, if 143.258 doesn't hold as support I will also sell.
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  • #489
  • Feb 20, 2013 9:00am Feb 20, 2013 9:00am
At very critical levels on the weekly...
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  • #490
  • Feb 20, 2013 9:03am Feb 20, 2013 9:03am
Quoting 100PipsADay
I know why... The pair (USD/CAD) is too SLOW! LOL


Slow and steady wins the race, well actually shes sprinting at the moment
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  • #491
  • Feb 20, 2013 9:20am Feb 20, 2013 9:20am
Quoting BobGnarly
Up 35 pips on ucad right now, still unsure about gbpjpy, I like trading breakouts and until then I will be on the sidelines..

Oh, yea.. Good short Geppy lol
Thanks, bro. I'm still holding the long I took near the bottom last night... missed my target by about 5 pips while sleeping. blah.

Doesn't matter though, I still think I'll get her.
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  • #492
  • Feb 20, 2013 9:20am Feb 20, 2013 9:20am
Quoting BobGnarly
Slow and steady wins the race, well actually shes sprinting at the moment
Nice trade!

But you do know that "sprinting" for CAD is like the beast on crutches.
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  • #493
  • Feb 20, 2013 9:25am Feb 20, 2013 9:25am
Here's an updated beast chart.

I've eliminated any potential lose on this scalp by moving my SL up to 143.07 on both entries. Target of 143.60 still looks good in my opinion and I'll bet we go past it a decent amount.

Again, I'll be looking for shorts after I peel this babies off. The daily looks like it's ready to drop out of the sky.
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  • #494
  • Feb 20, 2013 9:29am Feb 20, 2013 9:29am
Quoting whatever007
Nice call on the short. I'm reloading long here above 143. Seems like make or break area here.
I'm thinking this is not going to work this time around.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #495
  • Feb 20, 2013 9:34am Feb 20, 2013 9:34am
Quoting Geppy
Nice trade!

But you do know that "sprinting" for CAD is like the beast on crutches.

Very true bro hahah, But when I see a nice breakout I go for it, regardless of pair.. My short got triggered at 123.245 as stated earlier that it was a level I would short at.. Tight stop up at 123.35
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  • #496
  • Feb 20, 2013 9:37am Feb 20, 2013 9:37am
Quoting BobGnarly
Very true bro hahah, But when I see a nice breakout I go for it, regardless of pair.. My short got triggered at 123.245 as stated earlier that it was a level I would short at.. Tight stop up at 123.35
143.25 and 143.35 you mean? You're talking GBP/JPY, yes?
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  • #497
  • Feb 20, 2013 9:38am Feb 20, 2013 9:38am
Quoting Geppy
143.25 and 143.35 you mean? You're talking GBP/JPY, yes?


hahaha my bad!, yep 143
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  • #498
  • Feb 20, 2013 9:47am Feb 20, 2013 9:47am
Stopped on GJ, oh well. Cant win em all, just keep the losses small
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  • #499
  • Feb 20, 2013 9:50am Feb 20, 2013 9:50am
Quoting BobGnarly
Stopped on GJ, oh well. Cant win em all, just keep the losses small
I'm tellin ya, we've gotta go a bit higher first... my target is up there still.

I drew this lil pic for ya
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  • #500
  • Feb 20, 2013 9:52am Feb 20, 2013 9:52am
Quoting Geppy
I'm tellin ya, we've gotta go a bit higher first... my target is up there still.

I drew this lil pic for ya

Yea I was thinking about waiting till 143.50/55 area, but saw small support at 25... Will look at shorts from up at your level as well

567 to be exact
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