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Geppy's Geppy Thread (GBP/JPY)

  • #1,561
  • Mar 5, 2013 6:28am Mar 5, 2013 6:28am
Good Morning all friends, this is Bomi in Houston.
Gone short at 141.11 TP 140.80. Inside bar on 4 Hr. Chart .
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  • #1,562
  • Mar 5, 2013 7:17am Mar 5, 2013 7:17am
Quoting albchr
This PA is looking ugly. Might cash these in and wait for another chance. ....
LOL....this PA is just ....

I'm just covering these until things settle down and pick a direction.
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Ghost Rider - WWTBMD?
  • #1,563
  • Mar 5, 2013 7:24am Mar 5, 2013 7:24am
When this baby pauses for a bit and doesn't make a violent move down, north is next... Well this whole year will be up... Come summer we will be around 160-165
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #1,564
  • Mar 5, 2013 7:30am Mar 5, 2013 7:30am
I agree Bob. I just can't afford to sit and watch this crap anymore...LOL

If she flies...cool. If she crashes I'm covered with another shot at getting in lower
Ghost Rider - WWTBMD?
  • #1,565
  • Mar 5, 2013 7:35am Mar 5, 2013 7:35am
Quoting albchr
I agree Bob. I just can't afford to sit and watch this crap anymore...LOL

If she flies...cool. If she crashes I'm covered with another shot at getting in lower

Its all good

I am trying to build an investment beast at the moment

My positions look like a portfolio and from trading stocks and bonds for years this fits my style perfectly! No problem holding this all year, I will admit I am not too good at getting in and out and intraday trading. Long term is my style.

Still have a few stocks that I bought in 2006
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #1,566
  • Mar 5, 2013 7:39am Mar 5, 2013 7:39am
Quoting BobGnarly
When this baby pauses for a bit and doesn't make a violent move down, north is next... Well this whole year will be up... Come summer we will be around 160-165
Yep, that's generally how the beast rolls
check out my blog: forexmademillionaire dot com
  • #1,567
  • Mar 5, 2013 7:39am Mar 5, 2013 7:39am
Quoting Teddicus
If you didnt get that fill by now... idk if your getting to see .55 again for a while...
Nope...missed it by a pip. Went to bed and missed all the non-action overnight. Looking like my first target is in sight 141.60 but strong resistance at .40 range.
Illegitimi Non Carborundum
  • #1,568
  • Mar 5, 2013 7:40am Mar 5, 2013 7:40am
Quoting Teddicus
Bedtime...

Holla at me with a vouch if my trade made you bread!
Don't pollute this thread by whoring around for vouches. Only pathetic people need to actively ask for them. If you're posts and analysis are worth anything, you'll get vouches without asking.

This thread has been extremely high quality so far, and I intend to keep it that way.
check out my blog: forexmademillionaire dot com
  • #1,569
  • Mar 5, 2013 7:40am Mar 5, 2013 7:40am
Quoting Geppy
Yep, that's generally how the beast rolls



I don't want to get to excited but I think our little "correction" is over... I see 143-145 then correction down to 141-142 then 145-147 then 142-143 and so on

Just perfect example of a very strong uptrend with healthy pullback along the way. Just waiting for kuroda to slip up even the slightest
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  • #1,570
  • Mar 5, 2013 7:43am Mar 5, 2013 7:43am
So PA was definitely rather boring all night... I'm glad I was sleeping

However, as Bob noted, when we get these pauses in price without a violent move down, it's generally a sign that we're going up.

Things have a similar feel to last week when we were trying to break 141.00, but I don't think we'll have to wait as long to break this 141.40/50 zone as we did last week.

Remember, we're still recovering from our "natural disaster" (the big retracement we've seen the last couple weeks). But with every fib retracement from that fall that we overtake, the more confidence the bulls build.
check out my blog: forexmademillionaire dot com
  • #1,571
  • Mar 5, 2013 7:44am Mar 5, 2013 7:44am
Quoting BobGnarly


I don't want to get to excited but I think our little "correction" is over... I see 143-145 then correction down to 141-142 then 145-147 then 142-143 and so on

Just perfect example of a very strong uptrend with healthy pullback along the way. Just waiting for kuroda to slip up even the slightest
I wouldn't mind that sort of PA one bit! Lots of money to be made both ways if you can swing it.

Right now, I'm just looking at one fib retracement zone at a time. Once we're above the 61.8 I'll feel a lot more confident that we'll be seeing new highs very soon.
check out my blog: forexmademillionaire dot com
  • #1,572
  • Mar 5, 2013 7:45am Mar 5, 2013 7:45am
Quoting Geppy
I wouldn't mind that sort of PA one bit! Lots of money to be made both ways if you can swing it.

Right now, I'm just looking at one fib retracement zone at a time. Once we're above the 61.8 I'll feel a lot more confident that we'll be seeing new highs very soon.

Right on! If only I can master trading lol... But I guess stick with what works for me


You will kill it bro with this up and down , and long term uptrend.
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #1,573
  • Mar 5, 2013 7:49am Mar 5, 2013 7:49am
Well I am off for a run, wish it wasn't 29 degrees hahaha.. Will be checking in later, cya's!
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #1,574
  • Mar 5, 2013 7:49am Mar 5, 2013 7:49am
Quoting BobGnarly
Right on! If only I can master trading lol... But I guess stick with what works for me


You will kill it bro with this up and down , and long term uptrend.
HA! I think you're doing quite alright
check out my blog: forexmademillionaire dot com
  • #1,575
  • Mar 5, 2013 7:50am Mar 5, 2013 7:50am
This diagnonal wedge whatever you call it thing from last week's low looks like it will end today, took small short.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #1,576
  • Mar 5, 2013 8:33am Mar 5, 2013 8:33am
More Buying opportunites coming to a platform near you....

I love when I can chat with a group of people that understand what its like to miss the window for sleep while trading.....
  • #1,577
  • Mar 5, 2013 8:39am Mar 5, 2013 8:39am
Quoting BobGnarly
Well I am off for a run, wish it wasn't 29 degrees hahaha.. Will be checking in later, cya's!
The pound is dragging us down. Come on 144!
  • #1,578
  • Mar 5, 2013 8:40am Mar 5, 2013 8:40am
Quoting Teddicus
More Buying opportunites coming to a platform near you....

I love when I can chat with a group of people that understand what its like to miss the window for sleep while trading.....
If this 4H candle closes below 141.05 I may take some profit and try for that 140.55 again
Illegitimi Non Carborundum
  • #1,579
  • Mar 5, 2013 8:44am Mar 5, 2013 8:44am
With 141ish still holding, sure looks it's absorbing a lot of sell orders on the 1H. That's just a few upper wicks there...lol
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Ghost Rider - WWTBMD?
  • #1,580
  • Mar 5, 2013 10:10am Mar 5, 2013 10:10am
4H closed at 141.02 with the lowest volume I've seen in weeks. Not much interest in trading either way at this level apparently. Everyone is looking for direction. 141 providing some solid support. Holding my longs for a while. Gonna get to work so I can fund my trading time.
Illegitimi Non Carborundum
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