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Geppy's Geppy Thread (GBP/JPY)

  • #981
  • Feb 26, 2013 9:02pm Feb 26, 2013 9:02pm
I'm a day trader and I'm hitting this piggy right here.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #982
  • Feb 26, 2013 9:12pm Feb 26, 2013 9:12pm
Until this thing breaks out of this triangle, I don't think we're going to see any big moves.
Trade at your own risk.
  • #983
  • Feb 26, 2013 9:16pm Feb 26, 2013 9:16pm
Quoting Fx3423454
Until this thing breaks out of this triangle, I don't think we're going to see any big moves.
Might take until London.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #984
  • Feb 26, 2013 9:25pm Feb 26, 2013 9:25pm
Quoting 100PipsADay
Would you consider yourself more of a Swing Trader then?

I trade using D1 chart but entries are typically made off of the H1 chart. Positions are held anywhere from a few days to a few weeks. Definitely a Swing Trader at the core...

**Anybody in and out of trades (on average) in minutes or even hours would probably be considered a Scalper or a Day Trader.
Yes, I consider myself a swing trader. However, I've been getting in and out of multiple trades already this week (unlike me)... usually I take a couple trades a week total.

You need strong trends to swing trade, we're in a corrective state so I've altered my style. That's all.

P.S. I'm digging this zone to sell into. 61.8% of last move down right now.
check out my blog: forexmademillionaire dot com
  • #985
  • Feb 26, 2013 9:42pm Feb 26, 2013 9:42pm
Just went short @ 138.74 --- SL @ 139.00

Not my night tonight. lol
I should just stick to the H4 or D1.
Trade at your own risk.
  • #986
  • Feb 26, 2013 9:50pm Feb 26, 2013 9:50pm
Quoting Fx3423454
Just went short @ 138.74 --- SL @ 139.00

Not my night tonight. lol
I should just stick to the H4 or D1.
welcome to the party, brother! hopefully we can get some green pips tonight
check out my blog: forexmademillionaire dot com
  • #987
  • Feb 26, 2013 9:57pm Feb 26, 2013 9:57pm
Quoting Geppy
Yes, I consider myself a swing trader. However, I've been getting in and out of multiple trades already this week (unlike me)... usually I take a couple trades a week total.

You need strong trends to swing trade, we're in a corrective state so I've altered my style. That's all.

P.S. I'm digging this zone to sell into. 61.8% of last move down right now.
Gotcha! Yea I feel you on this corrective state, not really ideal for my trend strategy...
  • #988
  • Feb 26, 2013 11:27pm Feb 26, 2013 11:27pm
Hey guys, here's a 15min chart update. There's some interesting lines of support that are looking like they may break. Overall, it definitely still feels like the pressure is on the downside.

Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy15m.gif Size: 50 KB
check out my blog: forexmademillionaire dot com
  • #989
  • Feb 26, 2013 11:52pm Feb 26, 2013 11:52pm
Quoting whatever007
I'm a day trader and I'm hitting this piggy right here.
Done for the night back near the earlier low. Small runner will go where Geppy wants to take it. Until tomorrow.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #990
  • Feb 27, 2013 12:02am Feb 27, 2013 12:02am
Quoting whatever007
Done for the night back near the earlier low. Small runner will go where Geppy wants to take it. Until tomorrow.
Good stuff, bro. We just took the previous lows... see if we get a runner out of her.
check out my blog: forexmademillionaire dot com
  • #991
  • Feb 27, 2013 12:14am Feb 27, 2013 12:14am
hi all,
going long here,tp 140.78
Money is made by sitting, not trading. Jesse L. Livermore
  • #992
  • Feb 27, 2013 12:15am Feb 27, 2013 12:15am
Quoting sam69
hi all,
going long here,tp 140.78
why?
check out my blog: forexmademillionaire dot com
  • #993
  • Feb 27, 2013 12:22am Feb 27, 2013 12:22am
Quoting Geppy
why?
...138.38 is a big sr-line on my chart and price rejected many times from here,next higher level for me is 140.78,currently i cannot attach a chart,i dont know why but you will see it on bigger tf's what i mean
Money is made by sitting, not trading. Jesse L. Livermore
  • #994
  • Feb 27, 2013 12:25am Feb 27, 2013 12:25am
Quoting sam69
...138.38 is a big sr-line on my chart and price rejected many times from here,next higher level for me is 140.78,currently i cannot attach a chart,i dont know why but you will see it on bigger tf's what i mean
I looked at the daily, weekly, and monthly... I don't see that level as support on any of them. I'm probably missing something though. Good luck!
check out my blog: forexmademillionaire dot com
  • #995
  • Feb 27, 2013 12:33am Feb 27, 2013 12:33am
Quoting Geppy
I looked at the daily, weekly, and monthly... I don't see that level as support on any of them. I'm probably missing something though. Good luck!
thanks,atm i cant upload chart,on weekly my chart shows this level april 2011 high,what i see if 138.38 breaks next level is 135,98,but who knows
Money is made by sitting, not trading. Jesse L. Livermore
  • #996
  • Feb 27, 2013 12:36am Feb 27, 2013 12:36am
Quoting sam69
thanks,atm i cant upload chart,on weekly my chart shows this level april 2011 high,what i see if 138.38 breaks next level is 135,98,but who knows
That would be 1.392 - 1.40.

I have 1.392 drawn as weekly support / resistance, in fact that was my 1st target. We are already below that level so next weekly support COULD be as low as 132.75.
  • #997
  • Feb 27, 2013 12:42am Feb 27, 2013 12:42am
can somebody help,when i hit the 'upload attachments' button it goes to ff homepage?
Money is made by sitting, not trading. Jesse L. Livermore
  • #998
  • Feb 27, 2013 12:46am Feb 27, 2013 12:46am
Quoting sam69
can somebody help,when i hit the 'upload attachments' button it goes to ff homepage?
Try following this short video clip I just made...

If it is still not working for you then contact FF support.

EDIT: Video clip is not working, sorry Sam...
  • #999
  • Feb 27, 2013 12:50am Feb 27, 2013 12:50am
Well, I'm out for the night guys.

Here's my daily view... TP and SL are in. TP is at 136.60 I believe - just below the 50% fib

'night!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy1day.gif Size: 48 KB
check out my blog: forexmademillionaire dot com
  • #1,000
  • Feb 27, 2013 12:54am Feb 27, 2013 12:54am
Hey Geppy! Wow, I go away for a few weeks on a trip and you guys have all the fun. Last trade I made was long at 145 something...things sure have changed I wish I could figure out how to paste a screen shot in here, but looking at a fib retracement (daily chart) from June last year I am short at 138.86 (was hoping for an entry at 141, but it didn't go there...yet) looking for my first TP at 38.2% (136.87) then 50% (133.45) and if we get a clean break maybe hang on for 61.8% (130). Got three mini positions open with SL at 141.

Gotta see what happens in London tonight and might tighten stops or go to bed and dream of piiiiiiiips!

I need to get a mobile trading app for the road
Illegitimi Non Carborundum
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