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Geppy's Geppy Thread (GBP/JPY)

  • #1,401
  • Mar 1, 2013 9:46am Mar 1, 2013 9:46am
Quoting BobGnarly
Im very thankful, lucky whatever you wanna call it.. Or just getting the hang of this game

Something made me load up on usd and not so much Gj, have a few but 80% is usd, I see it roaring for the next 2 years..
Yeah, well I knew Sterling would be weak, I just didn't think it'd get bitch slapped so hard. I'm not a fan of USD/JPY at all... it moves too damn slow for me.
check out my blog: forexmademillionaire dot com
  • #1,402
  • Mar 1, 2013 9:49am Mar 1, 2013 9:49am
Hey its saving Gjs ass right now lol.. But I agree it is much slower, I am really into economics and I know my currency the best lol.. Will never stop trading GJ tho.. She just came back 100 pips in a blink
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  • #1,403
  • Mar 1, 2013 9:52am Mar 1, 2013 9:52am
Quoting Geppy
Yeah, well I knew Sterling would be weak, I just didn't think it'd get bitch slapped so hard. I'm not a fan of USD/JPY at all... it moves too damn slow for me.
My LEAST favorite pair.
Ghost Rider - WWTBMD?
  • #1,404
  • Mar 1, 2013 9:54am Mar 1, 2013 9:54am
LOL....another correction or something happened with JPY??? Go up around 100 pips without any warning...
MAKE SURE you still can TRADE tomorrow
  • #1,405
  • Mar 1, 2013 9:56am Mar 1, 2013 9:56am
Quoting senanata
LOL....another correction or something happened with JPY??? Go up around 100 pips without any warning...
JPY collasping. Pound dead...LOL
Attached Image (click to enlarge)
Click to Enlarge Name: LFXJPY_GBPLFX_DAILY.PNG Size: 61 KB
Ghost Rider - WWTBMD?
  • #1,406
  • Mar 1, 2013 10:00am Mar 1, 2013 10:00am
EJ is still the long term winner.

Over 2,000 pips since August.

But, it will crash hard too, then we can reload.
Trade at your own risk.
  • #1,407
  • Mar 1, 2013 10:01am Mar 1, 2013 10:01am
Quoting Fx3423454
Also I know that bigger firms and hedge funds only trade USD pairs too.
http://www.businessinsider.com/georg...ing-yen-2013-2
  • #1,408
  • Mar 1, 2013 10:05am Mar 1, 2013 10:05am
Quoting Fx3423454
Interesting.
Still holding those shorts on GJ and EJ?
Ghost Rider - WWTBMD?
  • #1,409
  • Mar 1, 2013 10:11am Mar 1, 2013 10:11am
Quoting albchr
Nice trade! Sure hope you're wrong about 136 though...lol

Thanks man. Caught a good break with the news. See if this last part gets stopped out BE, no worries either way.


Great work on the board this week Geppy, see yall Sunday.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #1,410
  • Mar 1, 2013 10:12am Mar 1, 2013 10:12am
Quoting BobGnarly
Hey its saving Gjs ass right now lol.. But I agree it is much slower, I am really into economics and I know my currency the best lol.. Will never stop trading GJ tho.. She just came back 100 pips in a blink
Hey, I'm all for saving asses!
check out my blog: forexmademillionaire dot com
  • #1,411
  • Edited 10:51am Mar 1, 2013 10:19am | Edited 10:51am
Quoting kiero_fx
http://www.businessinsider.com/georg...ing-yen-2013-2
Firstly, I meant to say that "some" hedge funds only trade USD pairs.

Second, everyone has read the articles about Soros billion dollar bet. However, it does not say what he invested in. Was it futures? It does not say what his position was.

Thirdly, the hedge funds or large speculative firms stated in that article that they were in that investment for three years before it started going their way!

Do you really think that a huge private firm would invest millions of dollars into an unstable currency pair?

I highly doubt it.

I won't get into speculating I just don't think that bigger firms would have any reason to invest in anything that is unstable.

I have analyzed COT reports and most large institutions utilize futures contracts for currency positions.
Trade at your own risk.
  • #1,412
  • Mar 1, 2013 10:25am Mar 1, 2013 10:25am
Quoting albchr
Still holding those shorts on GJ and EJ?
I got stopped out of the EJ short but still in the GJ.

If I lose it's okay. It is all calculated into the system.

I know that the system works.

Losing is part of the game just try to cut them short.
Trade at your own risk.
  • #1,413
  • Mar 1, 2013 10:37am Mar 1, 2013 10:37am
Quoting Fx3423454

Do you really think that a huge private firm would invest millions of dollars into a unstable currency pair?

It it amount only a severel percent of all portfolio, why not? And remember that volatility and liquidity are the essence of investing.
  • #1,414
  • Mar 1, 2013 10:43am Mar 1, 2013 10:43am
Quoting kiero_fx
It it amount only a severel percent of all portfolio, why not? And remember that volatility and liquidity are the essence of investing.
Yes, of course it can happen.

The point I was making is that your URL to the article does not support your hypothesis because nowhere in the article does it say what Soros Fund Management's position was. For all you know it could have been a short yen futures contract.

The other firms that were interviewed for the article said that they were holding their short yen positions for three years before they went their way.

This is an investment.
Trade at your own risk.
  • #1,415
  • Mar 1, 2013 10:49am Mar 1, 2013 10:49am
Quoting Fx3423454
Yes, of course it can happen.

The point I was making is that your URL to the article does not support your hypothesis because nowhere in the article does it say what Soros Fund Management's position was. For all you know it could have been a short yen futures contract.
I agree, the biq guys invest mostly on cme.
  • #1,416
  • Mar 1, 2013 11:38am Mar 1, 2013 11:38am
missed the monster move...fine....missed the explosive retrace bounce because i was watching harlem shake compilations on youtube-FML
  • #1,417
  • Mar 1, 2013 11:49am Mar 1, 2013 11:49am
I should have known until UJ breaks down anything can happen.

Basically, good trade Bob Gnarly. lol

Sad thing is I saw the same thing last week and everyone was against me at that time. lol

Good times.

At least I am honest I don't just post my winning trades.

I had a 140 pip loss today and I will keep track of all winner and losers.
Trade at your own risk.
  • #1,418
  • Mar 1, 2013 11:57am Mar 1, 2013 11:57am
Quoting Fx3423454
I should have known until UJ breaks down anything can happen.

Basically, good trade Bob Gnarly. lol

Sad thing is I saw the same thing last week and everyone was against me at that time. lol

Good times.

At least I am honest I don't just post my winning trades.

I had a 140 pip loss today and I will keep track of all winner and losers.
HUH??? I've had enough of this muppet. You just got a room in my 5 star iggy motel.... CLICK!
Ghost Rider - WWTBMD?
  • #1,419
  • Mar 1, 2013 11:59am Mar 1, 2013 11:59am
Quoting BobGnarly
10 pips from stop loss! This beast is crazy hahahah, close up today?? im overloaded on Uj and its paying off

Well what do ya know

Have a good weekend guys!
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  • #1,420
  • Mar 1, 2013 11:59am Mar 1, 2013 11:59am
Meanwhile...back to reality..... ....

Nice finish to the week!
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