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Geppy's Geppy Thread (GBP/JPY)

  • #5,681
  • Apr 15, 2013 12:14pm Apr 15, 2013 12:14pm
Alright... I'm flat. Gotta leave to meet a friend for lunch and got everything off at 148.50

Will be looking to reload later. Nice trading today everyone!
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  • #5,682
  • Apr 15, 2013 12:19pm Apr 15, 2013 12:19pm
Quoting Scrat
well well... what do you know, we broke below 149 i'm holding my shorts, i don't see any signs of weakness. just a bit of shy buying along the way (that was between upper-149 to mid-150) but selling is going strong. waiting for the right moment to cash in
Nice Scrat!
Ghost Rider - WWTBMD?
  • #5,683
  • Apr 15, 2013 12:19pm Apr 15, 2013 12:19pm
Wow! I was out to lunch and missed the moved. Wasn't expecting that strong a move this time of day. Kudos to those that cashed in.
  • #5,684
  • Apr 15, 2013 12:21pm Apr 15, 2013 12:21pm
Quoting Geppy
Alright... I'm flat. Gotta leave to meet a friend for lunch and got everything off at 148.50 Will be looking to reload later. Nice trading today everyone!
Haha..I added at 148.72 but I think I'll be cashing these in soon as well. God job today folks!

EDIT: In fact the heck with it. Flat and happy and it's only Monday!
Ghost Rider - WWTBMD?
  • #5,685
  • Apr 15, 2013 12:25pm Apr 15, 2013 12:25pm
Quoting Scrat
W T F happened to gold?!??
Don't know but it can keep happening. Even though it's a demo it's still fun! LOL

http://www.forexfactory.com/showthre...58#post6604758
Ghost Rider - WWTBMD?
  • #5,686
  • Apr 15, 2013 12:27pm Apr 15, 2013 12:27pm
Quoting albchr
Don't know but it can keep happening. Even though it's a demo it's still fun! LOL http://www.forexfactory.com/showthre...58#post6604758
Demos can be a great to learn how to manage episodes like that
When the facts change I change my mind, what do you do sir
  • #5,687
  • Apr 15, 2013 12:32pm Apr 15, 2013 12:32pm
Cyprus threatened to sell all it's gold to pay off it's debt....if that happened the world would go down for the count....
  • #5,688
  • Apr 15, 2013 12:37pm Apr 15, 2013 12:37pm
Quoting Pip Anon
Demos can be a great to learn how to manage episodes like that
Absolutely and I've found I seem to trade Gold & Silver rather well. XTrade got me interested a while back so I opened the demo. Started with a 50k 50:1 account. Built it to about 68k banked and have over 98k floating now.

But I could never afford to trade PM's....(yet...lol) 1 standard lot on gold is like $5636.28 in margin....
Ghost Rider - WWTBMD?
  • #5,689
  • Apr 15, 2013 12:38pm Apr 15, 2013 12:38pm
Quoting Gbp/jpy
Cyprus threatened to sell all it's gold to pay off it's debt....if that happened the world would go down for the count....
Would it? I mean I can see the gold market selling off future, but there is no real application of gold besides it's perception of value albeit a fiat currency itself. Currencies are no longer backed by gold, and now it's just an asset people hold. I don't think anyone would freak out if DeBeur's sells their diamond reserves.

I'd also assume it would be a gold thing if they paid off their debt.
When the facts change I change my mind, what do you do sir
  • #5,690
  • Apr 15, 2013 12:39pm Apr 15, 2013 12:39pm
Quoting albchr
Absolutely and I've found I seem to trade Gold & Silver rather well. XTrade got me interested a while back so I opened the demo. Started with a 50k 50:1 account. Built it to about 68k banked and have over 98k floating now. But I could never afford to trade PM's....(yet...lol) 1 standard lot on gold is like $5636.28 in margin....
I love trading gold, silver was more fickle for me. I believe that's a mini-gold lot. The big boy margin was 17k lol. I hear because of this selloff, margin calls may happen and gold margin reqs. may increase.
When the facts change I change my mind, what do you do sir
  • #5,691
  • Apr 15, 2013 12:45pm Apr 15, 2013 12:45pm
Well folks, the sun is shinning, the HOG is calling and I've earned a nice afternoon/evening ride

Have a Great day and trade safe.
Ghost Rider - WWTBMD?
  • #5,692
  • Apr 15, 2013 12:59pm Apr 15, 2013 12:59pm
Same here Chris, Cool trading day ....Thanks to you ,geppy and all other folks

Quoting albchr
Well folks, the sun is shinning, the HOG is calling and I've earned a nice afternoon/evening ride Have a Great day and trade safe.
  • #5,693
  • Apr 15, 2013 1:08pm Apr 15, 2013 1:08pm
I added some money to my mini F*^& it account just to get it back to where it was when I started, well it's close to there and I withdrew the money I used to bring it back up... so game on and I wont stop until 10k, actually 100k... gonna compound this account until it erupts Was short Scalping all day, yes I said scalping..

I am starting to like not having positions open at the end of the day, and my charts are now naked, well they were before pretty much besides a few ma's
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  • #5,694
  • Apr 15, 2013 1:08pm Apr 15, 2013 1:08pm
Albchr , nice trades bro!
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  • #5,695
  • Apr 15, 2013 1:19pm Apr 15, 2013 1:19pm
i should of stay at the client, a few minutes late to the computer and i would of gotten that last drop, lol..

geez the thing is still going???
  • #5,696
  • Apr 15, 2013 1:25pm Apr 15, 2013 1:25pm
nice drop. now lets see when and how this will stop to open longs
As Above, So Below
  • #5,697
  • Apr 15, 2013 1:45pm Apr 15, 2013 1:45pm
Quoting BobGnarly
I added some money to my mini F*^& it account just to get it back to where it was when I started, well it's close to there and I withdrew the money I used to bring it back up... so game on and I wont stop until 10k, actually 100k... gonna compound this account until it erupts Was short Scalping all day, yes I said scalping.. I am starting to like not having positions open at the end of the day, and my charts are now naked, well they were before pretty much besides a few ma's {image}
Swinging dick competition, huh?
Attached Image
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  • #5,698
  • Apr 15, 2013 1:46pm Apr 15, 2013 1:46pm
I wish I hadn't closed all my shorts... would have had banked at least another 100 pips. Oh well, I wasn't going to be able to manage the trades and I had plenty on paper. I don't mind grabbing it every once in awhile.

I'll have to look at charts more when I get home, but wow... what a day. I guess it's all about finding the next sell zone
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  • #5,699
  • Apr 15, 2013 1:47pm Apr 15, 2013 1:47pm
Quoting Geppy
Swinging dick competition, huh? {image}
veryyyyy nice

I am very in zone and want 100k from 300$ is that so much to ask ???
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  • #5,700
  • Apr 15, 2013 1:49pm Apr 15, 2013 1:49pm
I made all my trades on my phone while at work today, Every time I had a break to trade it was down another 50 pips, missed so much. But what can ya do
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