Geppy's Geppy Thread (GBP/JPY) | Page 235 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

Geppy - Pick the bottom 18 replies

Lets Talk GBP/JPY "the geppy" 156 replies

geppy is "ugly" when ? 14 replies

Geppy outlook 0 replies

Attachments: Geppy's Geppy Thread (GBP/JPY)
Exit Attachments

Geppy's Geppy Thread (GBP/JPY)

  • #4,681
  • Apr 9, 2013 10:26am Apr 9, 2013 10:26am
Quoting tafy68
Atlast a scalp that worked for me {image}
Yeah? did you take profit on it?
check out my blog: forexmademillionaire dot com
  • #4,682
  • Apr 9, 2013 10:28am Apr 9, 2013 10:28am
Quoting Geppy
Yeah? did you take profit on it?
Well by the time i posted the picture and got back to screen, half the move was gone, so i took half of the spike down
  • #4,683
  • Apr 9, 2013 10:32am Apr 9, 2013 10:32am
Quoting Geppy
Waters sure are choppy this morning. I'm watching the 15min now. Man, I can barely remember the last time I was watching the 15min on the beast!
LOL...That's a noisy TF. Looks like a heart monitor 15 seconds before a cardiac arrest. I dare say we may be trapped in this range yet another day.
Ghost Rider - WWTBMD?
  • #4,684
  • Apr 9, 2013 10:34am Apr 9, 2013 10:34am
Quoting tafy68
Well by the time i posted the picture and got back to screen, half the move was gone, so i took half of the spike down
I learned a while ago. Trade first, post later. I used to do that all the time.
Ghost Rider - WWTBMD?
  • #4,685
  • Apr 9, 2013 10:36am Apr 9, 2013 10:36am
Quoting albchr
LOL...That's a noisy TF. Looks like a heart monitor 15 seconds before a cardiac arrest. I dare say we may be trapped in this range yet another day.
15min is noisy? I don't think so... I've been trading mostly from the 1min and some from the 5min since the BoJ announcement. 15min is tame!
check out my blog: forexmademillionaire dot com
  • #4,686
  • Apr 9, 2013 10:40am Apr 9, 2013 10:40am
Quoting Geppy
15min is noisy? I don't think so... I've been trading mostly from the 1min and some from the 5min since the BoJ announcement. 15min is tame!
1min geppy works for me atm

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 37 KB
  • #4,687
  • Apr 9, 2013 10:42am Apr 9, 2013 10:42am
Quoting Geppy
15min is noisy? I don't think so... I've been trading mostly from the 1min and some from the 5min since the BoJ announcement. 15min is tame!
Dude, I ain't looking at nothing but the 4H and daily holding this short!

So many times now I've been tempted to switch to scalping mode but I just KNOW the second I do, the range will break one way or the other. Perhaps I should just close this puppy so price can get on with it.
Ghost Rider - WWTBMD?
  • #4,688
  • Apr 9, 2013 10:46am Apr 9, 2013 10:46am
Quoting albchr
Dude, I ain't looking at nothing but the 4H and daily holding this short! So many times now I've been tempted to switch to scalping mode but I just KNOW the second I do, the range will break one way or the other. Perhaps I should just close this puppy so price can get on with it.
Well, when I see a big spike up I'll know it was you taking in your shorts
check out my blog: forexmademillionaire dot com
  • #4,689
  • Apr 9, 2013 10:49am Apr 9, 2013 10:49am
Quoting Geppy
Well, when I see a big spike up I'll know it was you taking in your shorts
Yeah...LOL...I wish!

If I had that kind of pull, I dam sure wouldn't be trading.
Ghost Rider - WWTBMD?
  • #4,690
  • Apr 9, 2013 11:02am Apr 9, 2013 11:02am
Well I'll say one thing. Unlike yesterday which was opposite, volume is growing on the up moves today so perhaps we'll climb out of the top of this soon.
Ghost Rider - WWTBMD?
  • #4,691
  • Apr 9, 2013 11:18am Apr 9, 2013 11:18am
can you attach the swingvolume indicator?

Quoting Scrat
yes, because price went just a bit below last relevant low of yesterday' swing (150.59). also, check out this chart - volumes decreased on buying, although price kept making new highs; but at the same time, they increased on selling + now we have this "breakout". so i wonder... if it walks like a duck and it quakes like a duck, what is it really. probably a dragon isn't it. {image}
  • #4,692
  • Apr 9, 2013 11:19am Apr 9, 2013 11:19am
the beast just wake up again
making money is easy in forex, losing money is even easier...
  • #4,693
  • Apr 9, 2013 11:38am Apr 9, 2013 11:38am
LOL...

So what do you think Scrat? We on the wrong side of this? My hard stop is an emergency stop. My mental stop is if it breaches the fib.
Attached Image (click to enlarge)
Click to Enlarge Name: gj_4h.gif Size: 19 KB
Ghost Rider - WWTBMD?
  • #4,694
  • Apr 9, 2013 11:39am Apr 9, 2013 11:39am
I still believe the last 12 hours have been nothing but a buying opportunity. I guess we'll have to break 152.00 with conviction to convince the rest of you.
check out my blog: forexmademillionaire dot com
  • #4,695
  • Apr 9, 2013 11:47am Apr 9, 2013 11:47am
Quoting albchr
LOL... So what do you think Scrat? We on the wrong side of this? My hard stop is an emergency stop. My mental stop is if it breaches the fib. {image}
Where is your stop at? it looks in the area where I've got a sell order pending (152.48) for a quick scalp.
  • #4,696
  • Apr 9, 2013 11:49am Apr 9, 2013 11:49am
I know this doesn't hold much weight, but it's interesting to see how many FF members are short right now:
Attached Image
check out my blog: forexmademillionaire dot com
  • #4,697
  • Apr 9, 2013 11:49am Apr 9, 2013 11:49am
Quoting Geppy
I still believe the last 12 hours have been nothing but a buying opportunity. I guess we'll have to break 152.00 with conviction to convince the rest of you.
I can't argue with that. Pa is certainly looking bullish again. Still, it can't seem to break that top. At this point if it get's back to BE or even close, I think I'll bail these shorts and just wait to see. Either way it goes it will go a for a bit so there will be time to jump on board. When I think of the hundreds of pips missed scalping this range? It makes me sad...LOL
Ghost Rider - WWTBMD?
  • #4,698
  • Apr 9, 2013 11:52am Apr 9, 2013 11:52am
Quoting Geppy
I know this doesn't hold much weight, but it's interesting to see how many FF members are short right now: {image}
Conventional thinking of which I may be one of. Long drive up, obvious resistance level, in need of correction, bla bla bla etc... etc...

Not surprising really.
Ghost Rider - WWTBMD?
  • #4,699
  • Apr 9, 2013 11:53am Apr 9, 2013 11:53am
Quoting albchr
I can't argue with that. Pa is certainly looking bullish again. Still, it can't seem to break that top. At this point if it get's back to BE or even close, I think I'll bail these shorts and just wait to see. Either way it goes it will go a for a bit so there will be time to jump on board. When I think of the hundreds of pips missed scalping this range? It makes me sad...LOL
Everyone "would have" made a ton of pips scalping this range... in hindsight.

The truth is, you probably wouldn't have. It's easy to say you would have been in and out 10420809850 times and make 10+ pips each time. Again, reality is you wouldn't have executed well on most of these trades.

The big money isn't made scalping for handfulls of pips. It's made building a position, waiting, and riding the wave.

And the beauty of it is, no matter how many times you tell people that, the vast majority still never grasp it.

That's why the vast majority loses money or scratches out a few dollars in this game.
check out my blog: forexmademillionaire dot com
  • #4,700
  • Apr 9, 2013 11:53am Apr 9, 2013 11:53am
Quoting GDR3k
Where is your stop at? it looks in the area where I've got a sell order pending (152.48) for a quick scalp.
152.60
Ghost Rider - WWTBMD?
3 traders viewing now