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Geppy's Geppy Thread (GBP/JPY)

  • #4,761
  • Apr 9, 2013 5:06pm Apr 9, 2013 5:06pm
My short hit SL ouch!
  • #4,762
  • Apr 9, 2013 5:07pm Apr 9, 2013 5:07pm
On a relevant note: it's nice to see we're already back challenging 152...
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  • #4,763
  • Apr 9, 2013 5:08pm Apr 9, 2013 5:08pm
Quoting Geppy
On a relevant note: it's nice to see we're already back challenging 152...
I began to believe we will see 153 in few hours and waiting hope to regain my losses !
  • #4,764
  • Apr 9, 2013 5:08pm Apr 9, 2013 5:08pm
Also, if you guys haven't looked at the 1h chart lately (I hadn't as I've been watching shorter TFs for entries), the MACD has really wound down.

This is a good thing for longs. We badly need this consolidation and it's starting to look like we're read to run a few hundred more pips again. The beast needed to breath and rest a bit, but I think she's ready to run soon.
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  • #4,765
  • Apr 9, 2013 5:09pm Apr 9, 2013 5:09pm
Quoting netera
I began to believe we will see 153 in few hours and waiting hope to regain my losses !
Not sure about a few hours... not much going in the market this time of day. We'll see what Asia wants to do with it.
check out my blog: forexmademillionaire dot com
  • #4,766
  • Apr 9, 2013 5:12pm Apr 9, 2013 5:12pm
Quoting Pip Anon
Nature of the beast lol. The PA can be tricky, I'm not a beast master (yet!!!).
And "we" never will be. The Dragon runs the show bro. All we can do is hop on her back for the ride and hope we don't get burned by the flames. LOL

EDIT": Whoops, I see Geppy already covered that.
Ghost Rider - WWTBMD?
  • #4,767
  • Apr 9, 2013 5:13pm Apr 9, 2013 5:13pm
Quoting Geppy
I remember when I first started trading... it was AUD/USD and it was slow and steady. I moved up to EUR/USD looking for some more robust action. I wasn't too savvy about looking out for news events back then and something came out. I had no idea what happened but I was suddenly down a bunch of pips. I can still see the big, red candle just pushing down then whipsawing back up. I had no clue what was happening but I thought it was awesome (especially compared to the lazy Aussie). After trading geppy, going back to trading EUR/USD is like watching...
Lol I know what you mean. I can compare charts where the same size candle for Geppy is 20 pips and for EURUSD it's like 8 lol
When the facts change I change my mind, what do you do sir
  • #4,768
  • Apr 9, 2013 5:17pm Apr 9, 2013 5:17pm
Quoting Geppy
I remember when I first started trading... it was AUD/USD and it was slow and steady. I moved up to EUR/USD looking for some more robust action. I wasn't too savvy about looking out for news events back then and something came out. I had no idea what happened but I was suddenly down a bunch of pips. I can still see the big, red candle just pushing down then whipsawing back up. I had no clue what was happening but I thought it was awesome (especially compared to the lazy Aussie). After trading geppy, going back to trading EUR/USD is like watching...
Like you I started on AU, it was nice, nothing silly and very little spikes or sudden WTF moments, I then moved to EU, the price action was most certainly different, all of last year I traded mainly EU and GU, for the past few months though I've done nothing but trade GBPJPY, the rest they say is history, this is the only pair I now trade, it suits my style 100%, fast moves, plenty of pips to be made.

EU and AU now are like watching paint dry, while the price action is still the same, the moves in pips just arn't enough for me anymore. Long live the beast.
  • #4,769
  • Apr 9, 2013 5:18pm Apr 9, 2013 5:18pm
Quoting albchr
And "we" never will be. The Dragon runs the show bro. All we can do is hop on her back for the ride and hope we don't get burned by the flames. LOL EDIT": Whoops, I see Geppy already covered that.
Lol I hear you. Just wanna stay in the game longer. Still working out the best times to get in and out
When the facts change I change my mind, what do you do sir
  • #4,770
  • Apr 9, 2013 5:27pm Apr 9, 2013 5:27pm
I am the Slave of this Beast . it has burned me ,slapped me and the important thing is it feeds me ( green pips) .

Quoting Geppy
The only one that is a beast master is... THE BEAST!
  • #4,771
  • Apr 9, 2013 5:28pm Apr 9, 2013 5:28pm
Quoting ssaqeel
I am the Slave of this Beast . it has burned me ,slapped me and the important thing is it feeds me ( green pips) .
love-hate relationship
When the facts change I change my mind, what do you do sir
  • #4,772
  • Apr 9, 2013 5:29pm Apr 9, 2013 5:29pm
I have re-entered long, hoping it bounces off m1 200ma to the long side
  • #4,773
  • Apr 9, 2013 5:31pm Apr 9, 2013 5:31pm
Quoting tafy68
I have re-entered long, hoping it bounces off m1 200ma to the long side
At what price? where is your stop loss?
  • #4,774
  • Apr 9, 2013 5:45pm Apr 9, 2013 5:45pm
Quoting GDR3k
At what price? where is your stop loss?
Long 151.85 the spread was big, no sl set yet
  • #4,775
  • Apr 9, 2013 6:35pm Apr 9, 2013 6:35pm
Was looking at the yen chart and noticed a potential swing low. Maybe some upside on the yen after that dramatic fall.
Attached Image (click to enlarge)
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When the facts change I change my mind, what do you do sir
  • #4,776
  • Apr 9, 2013 7:13pm Apr 9, 2013 7:13pm
Bought some more @ 151.65
New voice message: Why are you calling me? If I need you, I'll call you!
  • #4,777
  • Apr 9, 2013 7:56pm Apr 9, 2013 7:56pm
does anybody know why this pair is so volatile?
As Above, So Below
  • #4,778
  • Apr 9, 2013 8:01pm Apr 9, 2013 8:01pm
Quoting tashkent
does anybody know why this pair is so volatile?
I've read it was due to pounds being exchanged by banks and companies, but this was a few years ago.
When the facts change I change my mind, what do you do sir
  • #4,779
  • Apr 9, 2013 8:14pm Apr 9, 2013 8:14pm
Looks like the beast is moving in a serpentine pattern
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-04-09-TOS_CHARTS1.png Size: 75 KB
When the facts change I change my mind, what do you do sir
  • #4,780
  • Apr 9, 2013 8:32pm Apr 9, 2013 8:32pm
15m
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-m15-oanda-corporation 04-09-13-2.png Size: 47 KB
New voice message: Why are you calling me? If I need you, I'll call you!
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