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Geppy's Geppy Thread (GBP/JPY)

  • #4,821
  • Apr 10, 2013 3:33am Apr 10, 2013 3:33am
Quoting KillerWhale
1000 pip correction? Lolz we won't even close that weekend GAP anytime soon. Every day gives a new high. {image}
Yeah, and on top of that this 4H cleared a very important level for me.

When you think about how much resistance it had, it would seem it should be good support now.
Attached Image (click to enlarge)
Click to Enlarge Name: gj_4h.gif Size: 19 KB
Ghost Rider - WWTBMD?
  • #4,822
  • Apr 10, 2013 3:35am Apr 10, 2013 3:35am
Quoting greensaturn
Its already -$200 ! If I close, i would loose my 30% of my investment, I am trading with Micro Account. Let faith on god!
God doesn't help here, he'd rather punish the ones that don't set stops.
When you were @ a loss of -$30, I guess you were too greedy to take the loss, now you pay the price.
Don't worry, everyone does when he starts with forex.

But it's not wise to start your forex adventure with GJ, start with an easier pair like EU or EG
New voice message: Why are you calling me? If I need you, I'll call you!
  • #4,823
  • Apr 10, 2013 3:36am Apr 10, 2013 3:36am
she heading towards 154.00 area
  • #4,824
  • Apr 10, 2013 3:38am Apr 10, 2013 3:38am
Quoting albchr
Yeah, and on top of that this 4H cleared a very important level for me. When you think about how much resistance it had, it would seem it should be good support now. {image}
Yeah you're right.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #4,825
  • Apr 10, 2013 3:39am Apr 10, 2013 3:39am
Quoting greensaturn
Its already -$200 ! If I close, i would loose my 30% of my investment, I am trading with Micro Account. Let faith on god!
http://www.easyfreesmileys.com/smileys/lol-045.gif
  • #4,826
  • Apr 10, 2013 3:39am Apr 10, 2013 3:39am
Quoting greensaturn
Its already -$200 ! If I close, i would loose my 30% of my investment, I am trading with Micro Account. Let faith on god!
If this rising wedge breaks up and holds over about 152.8 the bear is stuffed.

If it breaks to the downside, you may be fine.
  • #4,827
  • Apr 10, 2013 3:43am Apr 10, 2013 3:43am
Quoting PoundTrader
she heading towards 154.00 area


Good to see you PT
Ghost Rider - WWTBMD?
  • #4,828
  • Apr 10, 2013 3:44am Apr 10, 2013 3:44am
Sorry, replied to the wrong person
  • #4,829
  • Apr 10, 2013 3:46am Apr 10, 2013 3:46am
Quoting albchr
Good to see you PT
same here
  • #4,830
  • Apr 10, 2013 4:02am Apr 10, 2013 4:02am
Retest to previous resistance complete now going up again . Check 5min TF.
  • #4,831
  • Apr 10, 2013 4:03am Apr 10, 2013 4:03am
Quoting PoundTrader
she heading towards 154.00 area
154 is my target for now
New voice message: Why are you calling me? If I need you, I'll call you!
  • #4,832
  • Apr 10, 2013 4:08am Apr 10, 2013 4:08am
Quoting Winner1245
Retest to previous resistance complete now going up again . Check 5min TF.
Yes i've loaded some longs here also
To live a successful life, we must lose our fear of being wrong
  • #4,833
  • Apr 10, 2013 4:19am Apr 10, 2013 4:19am
Come on break the 152.60 area and take out the stops of sellers.
  • #4,834
  • Apr 10, 2013 4:35am Apr 10, 2013 4:35am
I still think we'll see a small downmove from here to around the 151.90 area...still in short from 152.48

Seems everyone is long except me and that dude whos about 800 pips in the red
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 42 KB
  • #4,835
  • Apr 10, 2013 4:44am Apr 10, 2013 4:44am
Here's the test. Let's see if it holds.
Attached Image (click to enlarge)
Click to Enlarge Name: gj_15m.gif Size: 22 KB
Ghost Rider - WWTBMD?
  • #4,836
  • Apr 10, 2013 4:47am Apr 10, 2013 4:47am
Third time's the charm go baby!!
  • #4,837
  • Apr 10, 2013 4:48am Apr 10, 2013 4:48am
Quoting Dude you should seriously consider cutting your losses now rather than blowing your account completely. I'm assuming you didn't have any SL in place and you were taking a "[I
chance[/i]" on the trades when you placed them?

Make your own decisions however be logical dude!

30% is better than 75%. Japan's largest QE ever. This can go up alot, and a 1000 pip correction is unlikely.

I think its very unlikely we will be seeing 143.761 for a long time, a small chance we could see 147.307, with that said, If I was in your situation with the same short positions, I'd move my stop loss on both positions to 153.35 and leave it, a break above this and it'll continue going IMO, but its your money, your position.
Will See, now the price seem to slowly downside.

Quoting KillerWhale
God doesn't help here, he'd rather punish the ones that don't set stops. When you were @ a loss of -$30, I guess you were too greedy to take the loss, now you pay the price. Don't worry, everyone does when he starts with forex. But it's not wise to start your forex adventure with GJ, start with an easier pair like EU or EG
I feel now! why did I start with GY!


Quoting [IMG
http://www.easyfreesmileys.com/smileys/lol-045.gif[/IMG]
  • #4,838
  • Apr 10, 2013 4:48am Apr 10, 2013 4:48am
Quoting albchr
Here's the test. Let's see if it holds. {image}
  • #4,839
  • Apr 10, 2013 4:49am Apr 10, 2013 4:49am
Quoting albchr
Here's the test. Let's see if it holds. {image}
So far it's good.
Attached Image (click to enlarge)
Click to Enlarge Name: gj_15m.gif Size: 22 KB
Ghost Rider - WWTBMD?
  • #4,840
  • Apr 10, 2013 4:53am Apr 10, 2013 4:53am
Quoting albchr
So far it's good. {image}
Your charts are the best ! I am learning a lot ! Thx Bro
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