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Geppy's Geppy Thread (GBP/JPY)

  • #4,961
  • Apr 11, 2013 1:50am Apr 11, 2013 1:50am
Making a buncha more dollars
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  • #4,962
  • Apr 11, 2013 1:53am Apr 11, 2013 1:53am
Make money!
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When the facts change I change my mind, what do you do sir
  • #4,963
  • Apr 11, 2013 2:05am Apr 11, 2013 2:05am
Quoting KillerWhale
Making a buncha more dollars {image}
I took two of my positions off at 152.90 mostly to free up margin for some other trades I wanted to make and got some buy limits in a bit lower in case we see a spike down tonight while I'm sleeping and I can nab some.

I've also (finally) got a SL in for the whole series of trades I made earlier this week that's now well into the money. So I'll just be pulling one here and there and adding on dips now... see how far I can let most of them run
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  • #4,964
  • Apr 11, 2013 2:08am Apr 11, 2013 2:08am
Quoting KillerWhale
Making a buncha more dollars {image}
Right after I said that it dropped 30 pips lolz, but that's good to add some more
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  • #4,965
  • Apr 11, 2013 2:13am Apr 11, 2013 2:13am
Quoting Geppy
I took two of my positions off at 152.90 mostly to free up margin for some other trades I wanted to make and got some buy limits in a bit lower in case we see a spike down tonight while I'm sleeping and I can nab some. I've also (finally) got a SL in for the whole series of trades I made earlier this week that's now well into the money. So I'll just be pulling one here and there and adding on dips now... see how far I can let most of them run {image}
You have some very nice ones in the low 151's
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  • #4,966
  • Apr 11, 2013 2:42am Apr 11, 2013 2:42am
Closed out at the top @ 153.00, now waiting to reload
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  • #4,967
  • Apr 11, 2013 2:44am Apr 11, 2013 2:44am
Quoting KillerWhale
You have some very nice ones in the low 151's
Thanks... the two I took off were a bit lower (high 150s).

I'm choosing to take off the lowest ones rather than highest. Most people do the opposite, but I like this way better for two reasons:

1) I get the most bang for the buck in terms of freeing up margin as those are the ones most in profit (most of you don't deal with this issue)

2) It keeps me disciplined... I find it easier to allow my trades to move against me when I'm holding decent paper profits, but I HATE seeing my floating P&L go negative. By taking the most profitable ones off, it helps me manage my other positions better.
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  • #4,968
  • Apr 11, 2013 2:58am Apr 11, 2013 2:58am
Alright... off to bed guys. Nice to go to sleep seeing new highs

Trade well.
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  • #4,969
  • Apr 11, 2013 3:02am Apr 11, 2013 3:02am
I have a wish and i wonder if it will come true

I wish to live and see the day of lower high in this crazy pair
  • #4,970
  • Apr 11, 2013 3:14am Apr 11, 2013 3:14am
Next stop 154.15
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  • #4,971
  • Apr 11, 2013 3:16am Apr 11, 2013 3:16am
Quoting KillerWhale
Next stop 154.15
Or the moon !
  • #4,972
  • Apr 11, 2013 3:20am Apr 11, 2013 3:20am
nice share bro!

Im gonna try that out for size - this week been rubbish for me not taking my profits... sleep well mate!



Quoting Geppy
Thanks... the two I took off were a bit lower (high 150s). I'm choosing to take off the lowest ones rather than highest. Most people do the opposite, but I like this way better for two reasons: 1) I get the most bang for the buck in terms of freeing up margin as those are the ones most in profit (most of you don't deal with this issue) 2) It keeps me disciplined... I find it easier to allow my trades to move against me when I'm holding decent paper profits, but I HATE seeing my floating P&L go negative. By taking the most profitable ones off, it...
"Millionaires don't use astrology, billionaires do"
  • #4,973
  • Apr 11, 2013 3:29am Apr 11, 2013 3:29am
Morning all

I'm holding onto my longs that triggered yesterday also, atleast until the end of the week to see where this thing is going to stop...
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To live a successful life, we must lose our fear of being wrong
  • #4,974
  • Apr 11, 2013 3:37am Apr 11, 2013 3:37am
Quoting EatPIPs
Morning all I'm holding onto my longs that triggered yesterday also, atleast until the end of the week to see where this thing is going to stop... {image}
Maybe there will be profit taking on Friday, just watch for that.
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  • #4,975
  • Apr 11, 2013 3:38am Apr 11, 2013 3:38am
Quoting forex_growth
nice share bro! Im gonna try that out for size - this week been rubbish for me not taking my profits... sleep well mate!
Good Morning folks

Me too FG and worse than that, setting stops "just" a little too tight I'm just KILLING profit potential!

Not loosing but getting taken out with only a couple pips on them. Too much going at home to really focus this week I guess. With this PA on GJ and other pairs, it should have been a killer week for profits. Woke up at 2:45am to see all my trades flat but managed to grab a couple on GJ at 152.65/75 again. EA shorts at 2412/15.

Had I just banked them all last night before passing out at 9:00pm I'd have done much better. Oh well.....NEXT!!
Ghost Rider - WWTBMD?
  • #4,976
  • Apr 11, 2013 3:48am Apr 11, 2013 3:48am
Quoting KillerWhale
Maybe there will be profit taking on Friday, just watch for that.
Yes I don't think i'll be taking them into the weekend this week. Especially if we get a break in areas which i'm hoping. The profits are safer in my bank account than floating in the unknown!

Will be many more opportunities to load up next week
To live a successful life, we must lose our fear of being wrong
  • #4,977
  • Apr 11, 2013 3:54am Apr 11, 2013 3:54am
I'd like another push down from 153 today
  • #4,978
  • Apr 11, 2013 3:58am Apr 11, 2013 3:58am
Quoting GDR3k
I'd like another push down from 153 today
Are you still holding shorts or you looking for better buying opps?
To live a successful life, we must lose our fear of being wrong
  • #4,979
  • Apr 11, 2013 4:06am Apr 11, 2013 4:06am
Quoting EatPIPs
Are you still holding shorts or you looking for better buying opps?
I've got a short at 153.10
  • #4,980
  • Apr 11, 2013 4:18am Apr 11, 2013 4:18am
Quoting EatPIPs
Yes I don't think i'll be taking them into the weekend this week. Especially if we get a break in areas which i'm hoping. The profits are safer in my bank account than floating in the unknown! Will be many more opportunities to load up next week
If we reach 154 today I call it quits for the week.

At this moment I have bullish PA on EVERY TIME FRAME you can possibly think of, from 5 seconds to monthly.
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