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Geppy's Geppy Thread (GBP/JPY)

  • #1,261
  • Feb 28, 2013 12:34pm Feb 28, 2013 12:34pm
Quoting Geppy
I guess that just seems incredibly odd to me. If you have rules for getting in, you should also have a rule for getting out. How else do you know when to get out? How do you know your "system" is actually working?

If you can't measure the average outcome, you really don't have a system... you have an entry signal and that's all.
My rules for getting out are different from when I get in.

In any event, to make it easier to understand - you are correct I could have just waited for the bearish signal to exit this one.
Trade at your own risk.
  • #1,262
  • Feb 28, 2013 12:35pm Feb 28, 2013 12:35pm
Quoting Geppy
Good stuff, dude. I'm TERRIBLE about checking the quotes. I must check every 5 minutes. On the weekends, I feel like a lost puppy lol

haha yea it was making me insane, weekends I feel lost as well, its not as exciting! hahahah, Well 2 days ago I started trading my Fuk it all account like my main account. Should of done this from the beginning... Well thats what happesn when you don't care.. Time to bring this back from a 75% drawdown 52 was my low.
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  • #1,263
  • Feb 28, 2013 12:38pm Feb 28, 2013 12:38pm
Quoting 100PipsADay
Hey thanks Chris! The only way to succeed in this business is to keep an open mind and most importantly being honest with yourself when you make mistakes.


*Hopefully we are going to resume our weekly / monthly uptrend as I just got long on a few JPY cross pairs! Closed out my shorts from the last 2 days earlier today and then got long to "test the waters" as it looks like support was holding up. What better timing!

Here is proof so nobody thinks I'm blowing smoke up their a$$es! LOL http://www.forexfactory.com/showthre...46#post6477346...


No need for proof. I'm always keeping an eye on your thread bro.

I can size folks rather quickly. Why else would I accept your invite to Hawaii? lol
Ghost Rider - WWTBMD?
  • #1,264
  • Feb 28, 2013 12:39pm Feb 28, 2013 12:39pm
Quoting albchr
LOL...always beating me to it.
Oh no, that's more than I expect immediately. I just want to see us trade to 140.75 so that there's no question this current mini-range is broken. Then trade back to 140.40/50ish as a retest.

Honestly, my target isn't that big on this one. I'm shooting for 141.20 as that's where I start seeing some of my EMAs come into play. I'd rather get out and gauge the reaction at that point.

It's important to realize that the retrace has shown signs of being over. That doesn't mean it is yet. We still have some wood to chop before we can definitely say that the trend is resuming. Until we're throw it, I'll trade cautiously and take profits when appropriate.

Baby steps will get us through it eventually and we'll be buying dips for days on end
check out my blog: forexmademillionaire dot com
  • #1,265
  • Feb 28, 2013 12:40pm Feb 28, 2013 12:40pm
Quoting BobGnarly
haha yea it was making me insane, weekends I feel lost as well, its not as exciting! hahahah, Well 2 days ago I started trading my Fuk it all account like my main account. Should of done this from the beginning... Well thats what happesn when you don't care.. Time to bring this back from a 75% drawdown 52 was my low.
haha, awesome. I'll keep an eye on her and cheer you on!
check out my blog: forexmademillionaire dot com
  • #1,266
  • Feb 28, 2013 12:40pm Feb 28, 2013 12:40pm
Quoting BobGnarly
haha yea it was making me insane, weekends I feel lost as well, its not as exciting! hahahah, Well 2 days ago I started trading my Fuk it all account like my main account. Should of done this from the beginning... Well thats what happesn when you don't care.. Time to bring this back from a 75% drawdown 52 was my low.

What realllllly helped was finding an alert site to send texts to my phone, no need to be checking, set up an alert and dont worry unless you get that text.... Been using it as my stop loss for a few weeks now and my trading is performing its best since I started...
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  • #1,267
  • Feb 28, 2013 12:41pm Feb 28, 2013 12:41pm
Quoting albchr


No need for proof. I'm always keeping an eye on your thread bro.

I can size folks rather quickly. Why else would I accept your invite to Hawaii? lol
Uhhh... yes please?

Do I hear, trader's field trip?
check out my blog: forexmademillionaire dot com
  • #1,268
  • Feb 28, 2013 12:41pm Feb 28, 2013 12:41pm
Quoting BobGnarly
What realllllly helped was finding an alert site to send texts to my phone, no need to be checking, set up an alert and dont worry unless you get that text.... Been using it as my stop loss for a few weeks now and my trading is performing its best since I started...
Interesting, what site you using for that?
check out my blog: forexmademillionaire dot com
  • #1,269
  • Feb 28, 2013 12:42pm Feb 28, 2013 12:42pm
Quoting Geppy
Uhhh... yes please?

Do I hear, trader's field trip?

I was actually going to suggest a geppy retreat, for like a weekend or something all of us get together....
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  • #1,270
  • Feb 28, 2013 12:42pm Feb 28, 2013 12:42pm
Quoting Geppy
Interesting, what site you using for that?

alertfx.com
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  • #1,271
  • Feb 28, 2013 12:44pm Feb 28, 2013 12:44pm
Quoting BobGnarly
I was actually going to suggest a geppy retreat, for like a weekend or something all of us get together....
haha, that'd be awesome!
check out my blog: forexmademillionaire dot com
  • #1,272
  • Feb 28, 2013 12:45pm Feb 28, 2013 12:45pm
Quoting albchr


No need for proof. I'm always keeping an eye on your thread bro.

I can size folks rather quickly. Why else would I accept your invite to Hawaii? lol
Haha, good! Get your a$$ out here so we can hit the local pubs!

*These trades are taking off!
  • #1,273
  • Feb 28, 2013 12:45pm Feb 28, 2013 12:45pm
Quoting BobGnarly
alertfx.com
Hmmm... it only goes to your email? I was hoping for SMS.
check out my blog: forexmademillionaire dot com
  • #1,274
  • Feb 28, 2013 12:46pm Feb 28, 2013 12:46pm
Quoting Geppy
Uhhh... yes please?

Do I hear, trader's field trip?
So what are we saying, Geppy Retreat out in Hawaii? My treat... LOL
  • #1,275
  • Feb 28, 2013 12:46pm Feb 28, 2013 12:46pm
Quoting 100PipsADay
Haha, good! Get your a$$ out here so we can hit the local pubs!

*These trades are taking off!
Yeah! This is the follow-through I was hoping for.

Glad to be breaking that range.
check out my blog: forexmademillionaire dot com
  • #1,276
  • Feb 28, 2013 12:47pm Feb 28, 2013 12:47pm
Quoting 100PipsADay
So what are we saying, Geppy Retreat out in Hawaii? My treat... LOL
A handful of my friends went not long ago... got a place off AirBnb for super cheap. I guess it was a bit off the beaten path, but it was dirt cheap.
check out my blog: forexmademillionaire dot com
  • #1,277
  • Feb 28, 2013 12:48pm Feb 28, 2013 12:48pm
Quoting Geppy
Hmmm... it only goes to your email? I was hoping for SMS.

use your phones email thats what I do, [email protected]. Its an sms email, receive the same way as a text.
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  • #1,278
  • Feb 28, 2013 12:49pm Feb 28, 2013 12:49pm
Quoting Geppy
Yeah! This is the follow-through I was hoping for.

Glad to be breaking that range.
I only got long to kind of "test the waters" as it looks like it may have found support, but I'm sure glad I did!

Hopefully next week I'll (we'll) be able to start scaling in more positions.
  • #1,279
  • Feb 28, 2013 12:49pm Feb 28, 2013 12:49pm
Damn, I am on the east coast complete opposite of Hawaii...
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  • #1,280
  • Feb 28, 2013 12:49pm Feb 28, 2013 12:49pm
Quoting Geppy
Hmmm... it only goes to your email? I was hoping for SMS.
Nevermind, I signed up and found it. Schwing!
check out my blog: forexmademillionaire dot com
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