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Geppy's Geppy Thread (GBP/JPY)

  • #4,161
  • Apr 5, 2013 12:42am Apr 5, 2013 12:42am
Alright guys, I'm out for the night...

Got my SL in... ALWAYS have a SL in while sleeping.

See ya in NY!
check out my blog: forexmademillionaire dot com
  • #4,162
  • Edited 1:10am Apr 5, 2013 12:54am | Edited 1:10am
Quoting Geppy
Thanks dude. I'm happy to be back trading my first love... geppy EDIT: Also, sent you a PM last night I think it was...
Shoot I didn't receive anything, just double checked...

Just PMd you my email address so shoot me an email if you need anything bro.
  • #4,163
  • Edited 3:15am Apr 5, 2013 2:56am | Edited 3:15am
Quoting Geppy
Alright guys, I'm out for the night... Got my SL in... ALWAYS have a SL in while sleeping. See ya in NY!
I did, they got hit. I should have banked them before going to sleep (like a I normally do) That's what we call (opportunity lost)...

Could have had another 260 but only got 20. Reloading now where I could have anyway had I banked them....LOL
Ghost Rider - WWTBMD?
  • #4,164
  • Edited 3:34am Apr 5, 2013 3:13am | Edited 3:34am
Great, price is stuck below one of my zones and still not low enough to entice me to enter

Scratch that, finally entered.
  • #4,165
  • Apr 5, 2013 3:14am Apr 5, 2013 3:14am
Added long @ 146.50
New voice message: Why are you calling me? If I need you, I'll call you!
  • #4,166
  • Apr 5, 2013 3:22am Apr 5, 2013 3:22am
Damm my account got raped yesterday by some dumb trading, still got one left tho... Funny thing is if i held on i would have hit tp on the correction
  • #4,167
  • Apr 5, 2013 3:30am Apr 5, 2013 3:30am
Quoting KillerWhale
Added long @ 146.50
Im in there with ya
To live a successful life, we must lose our fear of being wrong
  • #4,168
  • Apr 5, 2013 3:32am Apr 5, 2013 3:32am
Quoting tafy68
Damm my account got raped yesterday by some dumb trading, still got one left tho... Funny thing is if i held on i would have hit tp on the correction
Then you weren't just over leveraged, you were WAY over leveraged!

Ok, so that's in the past. What are you going to do now?
Ghost Rider - WWTBMD?
  • #4,169
  • Apr 5, 2013 3:48am Apr 5, 2013 3:48am
Quoting albchr
Then you weren't just over leveraged, you were WAY over leveraged! Ok, so that's in the past. What are you going to do now?
Keep trading ofcourse, oh and use SL. I have a tendancy to let losers run and average in better prices
  • #4,170
  • Apr 5, 2013 3:58am Apr 5, 2013 3:58am
If this pair doesn't continue up from where its at right now (the 23.6% fib and supply area on the hourly charts), I believe it'll pullback even more to either the 145 area/38% fib which looks ideal to long on the hourly and 4 hourly charts, or the 50% fib area which on the hourly charts looks an even better place to go long from.

Decisions decisions...and I said that was me done for the week...

Also, if it was to continue going down to pullback further, we might see a bearish bat pattern form down around the 38% fib area provided the price first moves up to the 147.15 area, then drops down, to that end, I may short at 147.15 on the anticipation of it dropping down from here and forming one of those sexy harmonic patterns... hmmm
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  • #4,171
  • Apr 5, 2013 3:58am Apr 5, 2013 3:58am
Quoting tafy68
Keep trading ofcourse, oh and use SL. I have a tendancy to let losers run and average in better prices
... Well yeah, I figured you'd keep trading. I Guess I was looking for more...I don't know....details on how perhaps?

But I guess letting losers run is a plan. Good luck and best wishes.
Ghost Rider - WWTBMD?
  • #4,172
  • Apr 5, 2013 4:02am Apr 5, 2013 4:02am
Quoting albchr
... Well yeah, I figured you'd keep trading. I Guess I was looking for more...I don't know....details on how perhaps? But I guess letting losers run is a plan. Good luck and best wishes.
Well the plan was to use a SL and not let losers run. As for a plan I dont have one, dont have a winning strategy as yet
  • #4,173
  • Apr 5, 2013 4:03am Apr 5, 2013 4:03am
Quoting albchr
... Well yeah, I figured you'd keep trading. I Guess I was looking for more...I don't know....details on how perhaps? But I guess letting losers run is a plan. Good luck and best wishes.


Do you have to be so honest with him Chris? LOL
  • #4,174
  • Apr 5, 2013 4:05am Apr 5, 2013 4:05am
By the way, added two GBP/JPY longs @ 146.239 and 146.585

SL: 260
TP: 320

D1 MACD just crossed over to the upside again and I entered using the H1 Williams % once price was "over sold"
  • #4,175
  • Apr 5, 2013 4:06am Apr 5, 2013 4:06am
Quoting GDR3k
If this pair doesn't continue up from where its at right now (the 23.6% fib and supply area on the hourly charts), I believe it'll pullback even more to either the 145 area/38% fib which looks ideal to long on the hourly and 4 hourly charts, or the 50% fib area which on the hourly charts looks an even better place to go long from. Decisions decisions...and I said that was me done for the week... {image} {image}
I'm in again at 47 and 56 but hoping for lower prices still. May have woke up a bit late for that but we'll see. I'm looking for a test of 145.40/60ish. That's a fairly good SR area at the 76.4% and 61.8% fibs. It got close but hasn't tested it yet. The last 4H bar gives me hope though.
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Ghost Rider - WWTBMD?
  • #4,176
  • Apr 5, 2013 4:10am Apr 5, 2013 4:10am
Quoting 100PipsADay
Do you have to be so honest with him Chris? LOL
... My bad Terry. I just don't know how to be any other way. I guess just shutting up would work though. But then, that contradicts my uncontrollable devotion to trying to help folks. It's a rock and hard place to be sure.
Ghost Rider - WWTBMD?
  • #4,177
  • Apr 5, 2013 4:14am Apr 5, 2013 4:14am
Quoting albchr
... My bad Terry. I just don't know how to be any other way. I guess just shutting up would work though. But then, that contradicts my uncontrollable devotion to trying to help folks. It's a rock and hard place to be sure.
Hey Im blunt too so we got something in common, I dont get easily offended so keep it coming man

Im long too at 146.51 and in the green pips for once
  • #4,178
  • Apr 5, 2013 4:17am Apr 5, 2013 4:17am
Quoting tafy68
Well the plan was to use a SL and not let losers run. As for a plan I dont have one, dont have a winning strategy as yet
I see, you're what I call a Vegas Trader.

Well I'm glad you're using a stop loss but, Without a plan even a stop loss will eat away your account pretty quickly. No, I imagine you can't have a "winning strategy" if you haven't got a plan. Kind of a vicious sounding cycle to me.

I'd humbly advise you to get BOTH a plan and strategy before trading with any real money.

One thing I know for sure, the market is a GREAT teacher and those who are serious will (eventually), learn. Just a question of how much tuition you can afford before having a plan.
Ghost Rider - WWTBMD?
  • #4,179
  • Apr 5, 2013 4:20am Apr 5, 2013 4:20am
Quoting albchr
I'm in again at 47 and 56 but hoping for lower prices still. May have woke up a bit late for that but we'll see. I'm looking for a test of 145.40/60ish. That's a fairly good SR area at the 76.4% and 61.8% fibs. It got close but hasn't tested it yet. The last 4H bar gives me hope though. {image}
Nice, we could possibly see another retest of 146 before moving up again, I also lazed in bed longer than I'd of liked today and its been a habit this week lol I'm normally up at 6.55am on the dot to scalp before london opens, I probably won't make any entrys today either, gonna let the dust settle and be back scalping as of monday, I can't see there being much movement until NFP either, to which it'll either whipsaw or blast off either up or down, gotta nip into town today too.
  • #4,180
  • Apr 5, 2013 4:21am Apr 5, 2013 4:21am
Quoting albchr
... My bad Terry. I just don't know how to be any other way. I guess just shutting up would work though. But then, that contradicts my uncontrollable devotion to trying to help folks. It's a rock and hard place to be sure.
Hahaha I love it man!
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