Geppy's Geppy Thread (GBP/JPY) | Page 291 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

Geppy - Pick the bottom 18 replies

Lets Talk GBP/JPY "the geppy" 156 replies

geppy is "ugly" when ? 14 replies

Geppy outlook 0 replies

Attachments: Geppy's Geppy Thread (GBP/JPY)
Exit Attachments

Geppy's Geppy Thread (GBP/JPY)

  • #5,801
  • Apr 16, 2013 12:22am Apr 16, 2013 12:22am
yes, for now, but i will be watching more carefully.
i jumped into another sell although i can see a break above major sessions range, first time in three days. it should be good to 148.35 and then i'll take it from there.

Quoting Geppy
Still holding those shorts then or no?
Nihil Sine Deo.
  • #5,802
  • Apr 16, 2013 12:25am Apr 16, 2013 12:25am
game plan: buy above the trend line; sell if below
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpym5.png Size: 27 KB
As Above, So Below
  • #5,803
  • Apr 16, 2013 1:49am Apr 16, 2013 1:49am
Closed the last 15min candle touching the top and bottom of my trendlines. MAs showing long again also.. It bounced off the DP maybe down there again? Im still holding longs today as far as I can see thats the direction
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpym15.png Size: 74 KB
To live a successful life, we must lose our fear of being wrong
  • #5,804
  • Edited 2:19am Apr 16, 2013 1:56am | Edited 2:19am
morning all...

I entered in long positions at the retest of pitchforks I had drawn. Stops are @ BE. And I'm up about +30 pips on each trade. TP is the median line as usual...

EDIT: My €/¥ trade stopped out at BE with the London opening. But I managed to re-enter at a price a couple of pips worse than before. So, I'm still in...

EDIT 2: Both positions stopped at BE. I think price is premature to load shorts at the moment.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-04-16 09_50_51-27165_ MetaTrader - Pepperstone - EURJPY,H1.png Size: 77 KB
  • #5,805
  • Apr 16, 2013 2:07am Apr 16, 2013 2:07am
Mornin'

Seeing where the chart is this morning after picking that long from 147.71 six hours ago isn't a welcome sight Ah well, I've got a sell order at 150.12, I anticipate a pretty good move down from here, a spinning top right before a large move, PERFECT! Target 148.01
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 43 KB
  • #5,806
  • Apr 16, 2013 2:18am Apr 16, 2013 2:18am
Today seems like it is going to be a busy day
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh4.png Size: 70 KB
To live a successful life, we must lose our fear of being wrong
  • #5,807
  • Apr 16, 2013 2:39am Apr 16, 2013 2:39am
Quoting Scrat
increasing volumes when moving up, first time since upper 153, it's starting to become interesting. support is at 148.10 for now. {image}

can i get that swingvolume in dicator from you by chance? it look interesting
  • #5,808
  • Apr 16, 2013 3:17am Apr 16, 2013 3:17am
CPI is out for GBP in just over 10 minutes.

http://www.forexfactory.com/calendar.php#detail=46052
  • #5,809
  • Apr 16, 2013 3:53am Apr 16, 2013 3:53am
Quoting Rookie-Roger
Hi everyone, Was lucky enough to click sell at the top of this very short term pullback. Sold at 148.562 eyeing for 146ish. Pending sell at 149.4, if we get there. Happy trading guys! {image}
Update:

Good morning

2nd sell got triggered. With that being said I'll be monitoring PA closely, might close before hitting SL.
  • #5,810
  • Apr 16, 2013 3:59am Apr 16, 2013 3:59am
http://www.forexfactory.com/showthre...25#post6599525

Quoting draego
can i get that swingvolume in dicator from you by chance? it look interesting
Nihil Sine Deo.
  • #5,811
  • Apr 16, 2013 4:18am Apr 16, 2013 4:18am
Quoting Rookie-Roger
Update: Good morning 2nd sell got triggered. With that being said I'll be monitoring PA closely, might close before hitting SL.
Hi there, looking at the 5m chart I can see why you entered short at 149.4 but I find entering in the middle of swings is quite risky, the small swing in question is 149.87-149, IMO it's better to enter near the edges, I'm still waiting for a higher price of 150.12
  • #5,812
  • Apr 16, 2013 4:32am Apr 16, 2013 4:32am
Quoting GDR3k
Hi there, looking at the 5m chart I can see why you entered short at 149.4 but I find entering in the middle of swings is quite risky, the small swing in question is 149.87-149, IMO it's better to enter near the edges, I'm still waiting for a higher price of 150.12
yeah it's getting me worried. will close out on both positions above 150, at 150.3 approx
  • #5,813
  • Apr 16, 2013 4:33am Apr 16, 2013 4:33am
thanks!

Quoting Scrat
http://www.forexfactory.com/showthre...25#post6599525
  • #5,814
  • Apr 16, 2013 4:48am Apr 16, 2013 4:48am
My 150 target has been hit and banked. Waiting for a pullback then another high. I see 151 range today IMO on my charts going that way
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh4.png Size: 72 KB
To live a successful life, we must lose our fear of being wrong
  • #5,815
  • Apr 16, 2013 4:52am Apr 16, 2013 4:52am
Good morning folks

Hmmm...what do we have here? Other than my last group of shorts getting stopped out...lol

Pullback? Or bull trend back?
Ghost Rider - WWTBMD?
  • #5,816
  • Apr 16, 2013 4:53am Apr 16, 2013 4:53am
Quoting albchr
Good morning folks Hmmm...what do we have here? Other than my last group of shorts getting stopped out...lol Pullback? Or bull trend back?
Today is definitely a bulls game
To live a successful life, we must lose our fear of being wrong
  • #5,817
  • Apr 16, 2013 5:02am Apr 16, 2013 5:02am
Quoting EatPIPs
Today is definitely a bulls game
What makes you so sure?
Ghost Rider - WWTBMD?
  • #5,818
  • Apr 16, 2013 5:07am Apr 16, 2013 5:07am
Quoting albchr
What makes you so sure?
Sure? I can't be sure dude! But my view is saying that. I've been long since morning and I have 150.5 as a target that could be hit today.

Once again, im not "sure" but just expressing my views according to what my charts are telling me...

Edit: I trust in myself and my system that has taken me quite a while to tweek (although I can't say its perfect but i'm satisfied with my personal results from it so I go with it) - saying that I have entered positions on a few occasions based on my system and what I see that have gone against me completely. But I stick to it. I didn't mean to indicate to anyone what to do if that's how it sounded. I was just sharing my opinion :]
To live a successful life, we must lose our fear of being wrong
  • #5,819
  • Edited 6:38am Apr 16, 2013 5:22am | Edited 6:38am
Quoting EatPIPs
Sure? I can't be sure dude! But my view is saying that. I've been long since morning and I have 150.5 as a target that could be hit today. Once again, im not "sure" but just expressing my views according to what my charts are telling me... Edit: I trust in myself and my system that has taken me quite a while to tweek (although I can't say its perfect but i'm satisfied with my personal results from it so I go with it) - saying that I have entered positions on a few occasions based on my system and what I see that have gone...
Perfect answer! Trusting yourself and your system is key!

That said, it's exactly what I should have done. This is a copy of a PM I sent to a buddy over the weekend with my view on this week's "possibilities". Had I stuck to it, I'd be long from darn near the bottom instead of loosing a group of shorts last night.


Quoting albchr
Hi ?,

Getting ready to go visit Mom so just saw this. Haven't had too much time to analyze FA yet but from what you've written, it would seem to support my TA. What I see for UJ is a possible slide to at least fill the gap at 97.70ish and if that gives way, then perhaps test SR at 96.80/50ish.

I see the GU slipping a bit more (first day or two this week) to test 5270ish before GBP news Tuesday thru Thursday affecting the picture.

If both these possibilities play out, I can see the GJ slipping back to test SR at 147.80ish. The question for me will be what happens then. If the UJ breaks further down but GU bounces up, GJ could get stuck ranging for a bit until things become clear. And then of course any combination of the three may happen.

What I'd "like" to see? That play out and both UJ and GU take off north on the bounce and the Dragon FLY!! But we'll see.

Anyway, got to run now. Enjoy the rest of the day's calm as I think it's gonna get crazy fast...LOL

Chris
The larger spike down on both UJ and GJ had me thinking more south. Funny what happens when we don't listen to ourselves...LOL
Attached Image (click to enlarge)
Click to Enlarge Name: Trip.PNG Size: 75 KB
Ghost Rider - WWTBMD?
  • #5,820
  • Apr 16, 2013 5:25am Apr 16, 2013 5:25am
good question. bounced 350+ pips from the bottom in about 12 hours, and it's right at the last resistance. in fact, my signals already turned to bullish for h1 swing since 149.08, but i am not convinced yet. i will be if it pops significantly above 150.25.

Quoting albchr
Good morning folks Hmmm...what do we have here? Other than my last group of shorts getting stopped out...lol Pullback? Or bull trend back?
Nihil Sine Deo.
44 traders viewing now