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Geppy's Geppy Thread (GBP/JPY)

  • #5,301
  • Apr 12, 2013 4:07am Apr 12, 2013 4:07am
If it is going to bounce and resume moving up, then the area it is currently in looks like quite a good place for that to happen.

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  • #5,302
  • Apr 12, 2013 4:16am Apr 12, 2013 4:16am
Quoting blobsaudio
If it is going to bounce and resume moving up, then the area it is currently in looks like quite a good place for that to happen. {image}
I wonder how many buyers were sucked into buying when price broke out of that channel yesterday, and now the sellers who entered on the clean break of the channel just now, it looks like a classic shake out Follow the herd and get slaughtered, think like the wolf and stay alive
  • #5,303
  • Apr 12, 2013 4:17am Apr 12, 2013 4:17am
Quoting GDR3k
I wonder how many buyers were sucked into buying when price broke out of that channel yesterday, and now the sellers who entered on the clean break of the channel just now, it looks like a classic shake out Follow the herd and get slaughtered, think like the wolf and stay alive
Yes unfortunately I think im part of the latter at the moment
To live a successful life, we must lose our fear of being wrong
  • #5,304
  • Apr 12, 2013 4:19am Apr 12, 2013 4:19am
Quoting GDR3k
Pending buy order @ 152.04, 23 pip stop. Lets do this!!! {image}
Order hit, stop moved to 151.34 just under the low, low risk.
  • #5,305
  • Apr 12, 2013 4:21am Apr 12, 2013 4:21am
here is where i think it will go by the end of today, and then we'll take it from there. that's weekly pvp (peak volume price)
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Nihil Sine Deo.
  • #5,306
  • Apr 12, 2013 4:24am Apr 12, 2013 4:24am
Short GBP/JPY at 153.100, targets at 151.50 and 150.50. So far looks very good.

"If you want to succeed as much as you want to breath, you'll be successful"

Fx 35
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  • #5,307
  • Apr 12, 2013 4:26am Apr 12, 2013 4:26am
quoting myself and going on along the same idea - 1.3015 for euro, 1.5320 for cable.
not much for u-j, but if this one breaks below then buckle up for a nice a la carte pullback on geppy all the way down to 145 or so.

Quoting Scrat
here is where i think it will go by the end of today, and then we'll take it from there. that's weekly pvp (peak volume price) {image}
Nihil Sine Deo.
  • #5,308
  • Apr 12, 2013 4:26am Apr 12, 2013 4:26am
Quoting Fx 35
Short GBP/JPY at 153.100, targets at 151.50 and 150.50. So far looks very good. "If you want to succeed as much as you want to breath, you'll be successful" Fx 35 {image}
Another ET fan!
To live a successful life, we must lose our fear of being wrong
  • #5,309
  • Apr 12, 2013 4:30am Apr 12, 2013 4:30am
Quoting GDR3k
Order hit, stop moved to 151.34 just under the low, low risk.
Whats your TP on this one?
To live a successful life, we must lose our fear of being wrong
  • #5,310
  • Apr 12, 2013 4:34am Apr 12, 2013 4:34am
Quoting GDR3k
Order hit, stop moved to 151.34 just under the low, low risk.
I see what you mean, but if breaks below 151.50, it may dip further down.

"If you want to succeed as much as you want to breath, you'll be successful"

FX 35
  • #5,311
  • Apr 12, 2013 4:35am Apr 12, 2013 4:35am
Quoting EatPIPs
Whats your TP on this one?
154.50, thats if this support holds and she doesn't come crashing down, and since its below yesterdays low, I lowered the lot size on the order so theres not much being risked but a considerable amount to be gained.
  • #5,312
  • Apr 12, 2013 4:38am Apr 12, 2013 4:38am
Quoting GDR3k
154.50, thats if this support holds and she doesn't come crashing down, and since its below yesterdays low, I lowered the lot size on the order so theres not much being risked but a considerable amount to be gained.
I like it. GL dude.
To live a successful life, we must lose our fear of being wrong
  • #5,313
  • Apr 12, 2013 4:38am Apr 12, 2013 4:38am
Good Morning Folks

I see we have a little action here.
Ghost Rider - WWTBMD?
  • #5,314
  • Apr 12, 2013 4:41am Apr 12, 2013 4:41am
Quoting albchr
Good Morning Folks I see we have a little action here.
Good morning!What does mean''little''?
U still hold all your long positions?
Luckily I closed all my long last night!
  • #5,315
  • Apr 12, 2013 4:48am Apr 12, 2013 4:48am
Quoting kaka_ht
Good morning!What does mean''little''? U still hold all your long positions? Luckily I closed all my long last night!
Little means what we have here.

Just so there's no misunderstanding this time.....YES...I'm holding my longs.

I guess that is lucky for "you". Well done sir!

Added another long at 152.02
Ghost Rider - WWTBMD?
  • #5,316
  • Apr 12, 2013 4:50am Apr 12, 2013 4:50am
Quoting albchr
Little means what we have here. Just so there's no misunderstanding this time.....YES...I'm holding my longs. I guess that is lucky for "you". Well done sir! Added another long at 152.02
Morning dude,

Lucky for you, if I had enough spare margin I would of added a few in this region also!
To live a successful life, we must lose our fear of being wrong
  • #5,317
  • Apr 12, 2013 4:51am Apr 12, 2013 4:51am
Quoting albchr
Little means what we have here. Just so there's no misunderstanding this time.....YES...I'm holding my longs. I guess that is lucky for "you". Well done sir! Added another long at 152.02
I buy at 152.02 a few minutes ago,too!Let's wait and see what happen!
  • #5,318
  • Apr 12, 2013 4:53am Apr 12, 2013 4:53am
Quoting GDR3k
Pending buy order @ 152.04, 23 pip stop. Lets do this!!! {image}
Quoting GDR3k
Order hit, stop moved to 151.34 just under the low, low risk.
Target moved to 154.645 just under where I anticipate a bounce back down [highlighted green], as price hasn't been back at this area since the downmove on 25th August 2009. Its safe to say I'll have a sell order waiting there too. Which ironically is just under a daily resistance pivot in the 154.70 area.

I think we could be in for a wild ride today.

Now all I need is for 152 to hold.
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  • #5,319
  • Apr 12, 2013 4:56am Apr 12, 2013 4:56am
Quoting Scrat
here is where i think it will go by the end of today, and then we'll take it from there. that's weekly pvp (peak volume price) {image}
Morning Scrat,

I agree that level is possible. Funny thing as I have my SL a bit below that.

I've searched around (a little not a lot yet) for that Volume indicator but haven't seen it yet. Volume is becoming an interest to me and the first time you posted a chart with it I looked a bit. Perhaps I'll go check the VSA thread although I already have the better volume thing which doesn't really show me what I want to see...i.e. the split between buy and sell.

Anyway it's just a hobby to watch it at this point but it is kind of cool.
Ghost Rider - WWTBMD?
  • #5,320
  • Apr 12, 2013 4:58am Apr 12, 2013 4:58am
Quoting EatPIPs
Morning dude, Lucky for you, if I had enough spare margin I would of added a few in this region also!
I cashed in a few EA shorts to do it. I also let my weakest dragon long go last night for a few +pips.

Business decisions you know? Take from one, add to another...bla bla bla....

"Luck" had nothing to do with it.
Ghost Rider - WWTBMD?
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