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Geppy's Geppy Thread (GBP/JPY)

  • #5,261
  • Apr 11, 2013 8:29pm Apr 11, 2013 8:29pm
oh that will be bad for me , i do not have any vouch.... but i do know geppy for the long time will that be ok as an alternate to so called vouches .....................


Quoting KillerWhale
I really haven'ed had a laugh like this in a long time geehh I'm choking. But let us keep things strait. Thank you Geppy for starting this thread in the first place. Also thank you for keeping us on the project: GJ. You have done a hell of a job to keep us all here and profit from what we tell each other. And obviously as a result of that more traders will get addicted to this thread. But maybe Maybe You could consider to put a limit on pure beginners to set a limit of a few vouches for entering this thread? Like I don't know 3 or 5 maybe?
  • #5,262
  • Apr 11, 2013 8:41pm Apr 11, 2013 8:41pm
Quoting KillerWhale
But maybe Maybe You could consider to put a limit on pure beginners to set a limit of a few vouches for entering this thread? Like I don't know 3 or 5 maybe?
Well I never pursued getting vouches. But me warning about the 99.93 UJ top this afternoon before it was a top should get me something huh?


My warning 7 hours ago.
  • #5,263
  • Apr 11, 2013 8:48pm Apr 11, 2013 8:48pm
Quoting ssaqeel
oh that will be bad for me , i do not have any vouch.... but i do know geppy for the long time will that be ok as an alternate to so called vouches .....................
Don't worry, we will ask Geppy what he wants and I'm sure he has a solution for you,
New voice message: Why are you calling me? If I need you, I'll call you!
  • #5,264
  • Apr 11, 2013 9:19pm Apr 11, 2013 9:19pm
Good morning everyone!GJ fall 60 pips,maybe it's good chance to add more long postion at D-Pivot!
  • #5,265
  • Apr 11, 2013 9:29pm Apr 11, 2013 9:29pm
page 351....wow,
for elliott analysis on the gbp/jpy further out....we should see a de-coupling from usd/jpy as that pair may do a prolonged correction down ...it seems to have de-coupled from the E/J....
  • #5,266
  • Apr 11, 2013 9:30pm Apr 11, 2013 9:30pm
Kuroda's speech in the next 40 mins... Market may go lower then pull back sharply.. Let's wait and see
  • #5,267
  • Apr 11, 2013 9:58pm Apr 11, 2013 9:58pm
it's been more than 3 years since i haven't put an oscillator on any of my charts. i used to prefer hidden, for re-entries -

Quoting albchr
Hey Scrat, I don't use them (perhaps I should) but of the many, are there any you prefer for showing either hidden, straight or both divergence? Thanks.
Nihil Sine Deo.
  • #5,268
  • Apr 11, 2013 10:24pm Apr 11, 2013 10:24pm
Morning All

Not much effect from the speech so far...
To live a successful life, we must lose our fear of being wrong
  • #5,269
  • Apr 11, 2013 10:28pm Apr 11, 2013 10:28pm
Quoting EatPIPs
Morning All Not much effect from the speech so far...
Might be 0400 till his speech text comes out
  • #5,270
  • Apr 11, 2013 10:46pm Apr 11, 2013 10:46pm
Well that move down has taken out the stop that was covering the majority of my longs for the last two days.

My target today for my remaining longs is the 154s and then im all out for the week.

Lets see where today takes us...
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To live a successful life, we must lose our fear of being wrong
  • #5,271
  • Apr 11, 2013 10:58pm Apr 11, 2013 10:58pm
Quoting KillerWhale
But always keep in mind ....................... Somewhere in the future, last weeks GAP will be closed!
Yes this is for sure - but when is the big question... Next week could see a medium reversal based on this weeks continues strength upwards. Where will it open this Sunday is another question!
To live a successful life, we must lose our fear of being wrong
  • #5,272
  • Apr 11, 2013 11:03pm Apr 11, 2013 11:03pm
Quoting EatPIPs
Well that move down has taken out the stop that was covering the majority of my longs for the last two days. My target today for my remaining longs is the 154s and then im all out for the week. Lets see where today takes us... {image}
This might be the start of the reversal.. Looks like stimulus is over
  • #5,273
  • Apr 11, 2013 11:53pm Apr 11, 2013 11:53pm
Quoting fastrader
This might be the start of the reversal.. Looks like stimulus is over
Umm... you're joking right? The BoJ just announced easing last week and you think it's over already? It will take months just to begin having an effect and at least a year to see what the effects will be.

The Dragon dropped a whole 30 pips since Kudro basically just talked about what the plan is and how they intend to carry it out. Basically reinforcing the plan. If GJ drops a 100 pips it means nothing in the long run (other than better buying opportunities) and is simply normal fluctuation.

While we may not see any more straight up 1000 pip moves in two days and the "easy money" may be over, the yen will continue to decline over time. Once the dust settled from the announcement we will just see a return to "normal" market action of price moving up and down within the overall trend. A trend which I believe at this point will be bullish for GJ and other Yen crosses.

That said, I just woke up to see if I could let a couple weaker longs go in favor of buying lower at a better price. After seeing this WHOPPING 30 pip drop, I'm going back to sleep.

Trade Well.
Ghost Rider - WWTBMD?
  • #5,274
  • Apr 11, 2013 11:57pm Apr 11, 2013 11:57pm
Quoting albchr
Umm... you're joking right? The BoJ just announced easing last week and you think it's over already? It will take months just to begin having an effect and at least a year to see what the effects will be. The Dragon dropped a whole 30 pips since Kudro basically just talked about what the plan is and how they intend to carry it out. Basically reinforcing the plan. If GJ drops a 100 pips it means nothing in the long run (other than better buying opportunities) and is simply normal fluctuation. While we may not see any more straight up 1000 pip moves...
Good morning you!I total agree with you,and I add one long at 153,06 after closing all my previous long at 153,7 last night!
  • #5,275
  • Apr 11, 2013 11:58pm Apr 11, 2013 11:58pm
Quoting fastrader
.. Looks like stimulus is over
Reading through Kuroda's speech I am not seeing it. If anything it strongly supports what started last week and further Yen depreciation.

Quoting BoJ Gov Kuroda
it is appropriate to state that the Bank
will continue with monetary easing, aiming to achieve the price stability target of 2 percent,
"as long as it is necessary." .... I also want to elaborate on the meaning of "as long as it is necessary." The Bank does not
believe 2 percent inflation achieved at a certain point in time is enough; rather, it believes 2
percent inflation should be maintained in a stable manner. Therefore, even if the inflation
rate hits 2 percent at some point, the Bank could continue with the quantitative and
qualitative monetary easing if it is judged necessary to do so in order to maintain that rate in
a stable manner
  • #5,276
  • Apr 12, 2013 12:31am Apr 12, 2013 12:31am
Quoting albchr
After seeing this WHOPPING 30 pip drop, I'm going back to sleep. Trade Well.
That was exactly the right thing to do
New voice message: Why are you calling me? If I need you, I'll call you!
  • #5,277
  • Apr 12, 2013 12:59am Apr 12, 2013 12:59am
Quoting KillerWhale
I really haven'ed had a laugh like this in a long time geehh I'm choking. But let us keep things strait. Thank you Geppy for starting this thread in the first place. Also thank you for keeping us on the project: GJ. You have done a hell of a job to keep us all here and profit from what we tell each other. And obviously as a result of that more traders will get addicted to this thread. But maybe Maybe You could consider to put a limit on pure beginners to set a limit of a few vouches for entering this thread? Like I don't know 3 or 5 maybe?...
I just don't see the point in doing this. I think vouches are a poor indicator of whether someone is a valuable contributor or not. I've seen the biggest goons in the world accumulate a few vouches. They're stupid.

It's also easy to spot the bad apples and I do well to quickly weed them out. I don't want to be putting any barriers on the thread. I'm sure there are plenty novice lurkers here that are learning and waiting until they feel confident to start contributing. I wouldn't want to prevent that.
check out my blog: forexmademillionaire dot com
  • #5,278
  • Apr 12, 2013 1:12am Apr 12, 2013 1:12am
Quoting Geppy
I just don't see the point in doing this. I think vouches are a poor indicator of whether someone is a valuable contributor or not. I've seen the biggest goons in the world accumulate a few vouches. They're stupid. It's also easy to spot the bad apples and I do well to quickly weed them out. I don't want to be putting any barriers on the thread. I'm sure there are plenty novice lurkers here that are learning and waiting until they feel confident to start contributing. I wouldn't want to prevent that.


Everyone started at the same place at one point or another.
To live a successful life, we must lose our fear of being wrong
  • #5,279
  • Apr 12, 2013 1:38am Apr 12, 2013 1:38am
Quoting Geppy
I just don't see the point in doing this. I think vouches are a poor indicator of whether someone is a valuable contributor or not. I've seen the biggest goons in the world accumulate a few vouches. They're stupid. It's also easy to spot the bad apples and I do well to quickly weed them out. I don't want to be putting any barriers on the thread. I'm sure there are plenty novice lurkers here that are learning and waiting until they feel confident to start contributing. I wouldn't want to prevent that.
I agree 100%. Personally I don't have any vouches and I am not after vouches. Unfortunately I have nothing to contribute to this thread but I enjoy reading this (and other threads) while I am not trading.

I have seen so many threads become a playground of just few traders after limitations and quite quickly the quality of the thread have gone down dramatically. I agree that there is sometimes funny comments but it also good that there is questions that sometimes feel stupid. Especially in forex people should always be ready to rethink and be ready to change their mind. I should know this because I have made the mistake of thinking that "market is wrong and I am right" several times in my career.

Let's enjoy this thread and all comments and let's make some money
  • #5,280
  • Apr 12, 2013 3:16am Apr 12, 2013 3:16am
Quoting Geppy
I just don't see the point in doing this. I think vouches are a poor indicator of whether someone is a valuable contributor or not. I've seen the biggest goons in the world accumulate a few vouches. They're stupid. It's also easy to spot the bad apples and I do well to quickly weed them out. I don't want to be putting any barriers on the thread. I'm sure there are plenty novice lurkers here that are learning and waiting until they feel confident to start contributing. I wouldn't want to prevent that.
I guess you are right and of course you can do what you want with your thread, It's totally up to you.
I just thought we get so many questions from starters that you should send a sign that this is not a thread to start your Forex adventure.
To be absolutely clear, I admire your attempt (and ours) to team this beast but really, it's not for starters.
New voice message: Why are you calling me? If I need you, I'll call you!
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