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Geppy's Geppy Thread (GBP/JPY)

  • #5,181
  • Apr 11, 2013 3:15pm Apr 11, 2013 3:15pm
Quoting albchr
Well, to me it's more an "area" or zone and not really an exact number. The hoopla has been all about 100 as the "psych" level. I figure on YEN crosses 10/20 pips either way is just as good. On the beast it could be 10/40...lol But you're welcome What's interesting (going back to my new volume interest) about that 4H chart is, that big indecision bar was the highest volume 4H bar of today. I think that tells me a lot of both bulls and bears where right there. Then the next (current) 4H bar is only about half the volume but it's gone up and...
are we waiting something specific from kurdo ? is there expected scenarios ?
  • #5,182
  • Apr 11, 2013 3:23pm Apr 11, 2013 3:23pm
Quoting netera
are we waiting something specific from kurdo ? is there expected scenarios ?
I have no clue about "specifics". He can say anything. As far as scenarios I imagine there can only be three.

1) He comes out saying the BoJ decision is a great thing they are full speed ahead with it and the YEN keeps falling.

2) He comes out saying maybe they need to ease off a bit for various reasons and the YEN gets a bit stronger for a short time.

3) He comes out saying not much of anything definitive and leaves the market players in confusion as to what to do...lol

If #3 I'd think the market will just keep going the way they are now.
Ghost Rider - WWTBMD?
  • #5,183
  • Apr 11, 2013 3:31pm Apr 11, 2013 3:31pm
Quoting albchr
I have no clue about "specifics". He can say anything. As far as scenarios I imagine there can only be three. 1) He comes out saying the BoJ decision is a great thing they are full speed ahead with it and the YEN keeps falling. 2) He comes out saying maybe they need to ease off a bit for various reasons and the YEN gets a bit stronger for a short time. 3) He comes out saying not much of anything definitive and leaves the market players in confusion as to what to do...lol If #3 I'd think the market will just keep going the way they are now.
Meh... whatever it is, it's not changing my trade plan: SLs in, pending buys a bit below, and mostly open targets.

I'll be at Jersey Boys with the lady and some friends, so I won't even be watching
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  • #5,184
  • Apr 11, 2013 3:37pm Apr 11, 2013 3:37pm
Quoting Geppy
Meh... whatever it is, it's not changing my trade plan: SLs in, pending buys a bit below, and mostly open targets. I'll be at Jersey Boys with the lady and some friends, so I won't even be watching
Same here except I'll be just catching up on some sleep. Enjoy the show bro!
Ghost Rider - WWTBMD?
  • #5,185
  • Apr 11, 2013 3:38pm Apr 11, 2013 3:38pm
Welp... not sure why we just dropped, but I got one fill

Here's hoping for another
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  • #5,186
  • Apr 11, 2013 3:40pm Apr 11, 2013 3:40pm
Its 9.40pm here and BOJ Gov Kuroda is on at 4am, I'm undecided whether to leave my short position @ 153.709 and take off its profit target of 50 pips and be greedy on the off chance something is said and this pair drops further, or close it for a small profit before I go to bed. Or just leave it as it is.

ONE OF LIFES MANY QUESTIONS. :nerd:
  • #5,187
  • Apr 11, 2013 3:43pm Apr 11, 2013 3:43pm
Its dropping prob because wall street are banking profits before the speech
  • #5,188
  • Apr 11, 2013 3:48pm Apr 11, 2013 3:48pm
Quoting albchr
Time for a little break here. 153.40ish perhaps? {image}
Quoting albchr
Holding up the pressure. Cool! I'd love to be wrong with that assessment.
Ok, so I was wrong about being wrong that I was right...
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Ghost Rider - WWTBMD?
  • #5,189
  • Apr 11, 2013 3:52pm Apr 11, 2013 3:52pm
Quoting Geppy
Welp... not sure why we just dropped, but I got one fill Here's hoping for another
Just a little YEN strength and Pound weakness. You probably will get another.
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Ghost Rider - WWTBMD?
  • #5,190
  • Apr 11, 2013 3:53pm Apr 11, 2013 3:53pm
Cmon ya little bugger go down!
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  • #5,191
  • Apr 11, 2013 3:54pm Apr 11, 2013 3:54pm
Quoting albchr
Just a little YEN strength and Pound weakness. You probably will get another. {image}
Good good... I got me some margin burning a hole in my pocket
check out my blog: forexmademillionaire dot com
  • #5,192
  • Apr 11, 2013 3:57pm Apr 11, 2013 3:57pm
Quoting Geppy
Good good... I got me some margin burning a hole in my pocket
Yahtzee!
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  • #5,193
  • Apr 11, 2013 3:58pm Apr 11, 2013 3:58pm
Quoting Geppy
Yahtzee!
LOL...bet that little pop took folks by surprise.
Ghost Rider - WWTBMD?
  • #5,194
  • Apr 11, 2013 4:02pm Apr 11, 2013 4:02pm
Quoting tafy68
Cmon ya little bugger go down!{image}
What are you shooting for tafy?
Ghost Rider - WWTBMD?
  • #5,195
  • Apr 11, 2013 4:02pm Apr 11, 2013 4:02pm
Quoting albchr
LOL...bet that little pop took folks by surprise.
Who knows... all I know, is if tomorrow morning plays out anything like this morning did - I'll be rollin'!
check out my blog: forexmademillionaire dot com
  • #5,196
  • Apr 11, 2013 4:04pm Apr 11, 2013 4:04pm
Headed to 152.70ish??? and then back will continue the uptrend
  • #5,197
  • Apr 11, 2013 4:04pm Apr 11, 2013 4:04pm
I've still got one more shot I can fire over the bow before MBT says "No more, Travis!"
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  • #5,198
  • Apr 11, 2013 4:04pm Apr 11, 2013 4:04pm
Quoting albchr
What are you shooting for tafy?
Dont know yet, prob take some profit at m15 ma200 then let it run with be sl
  • #5,199
  • Apr 11, 2013 4:10pm Apr 11, 2013 4:10pm
Quoting Geppy
I've still got one more shot I can fire over the bow before MBT says "No more, Travis!"
lol..I've been tempted several times to pawn off a couple EA shorts at a small loss to free up some more.


Quoting tafy68
Dont know yet, prob take some profit at m15 ma200 then let it run with be sl
Really? 152.58/55 and then let it run more? Ambitious! I like it! If it does that I will most certainly pawn off some EA shorts to buy more Beast!

Interesting I saw a "little" gap down on GJ just before that rise and there's still a gap up on EA.
Ghost Rider - WWTBMD?
  • #5,200
  • Apr 11, 2013 4:14pm Apr 11, 2013 4:14pm
Quoting albchr
Ok, so I was wrong about being wrong that I was right...
Yes now I'm confused too.
New voice message: Why are you calling me? If I need you, I'll call you!
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