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Geppy's Geppy Thread (GBP/JPY)

  • #5,821
  • Apr 16, 2013 5:31am Apr 16, 2013 5:31am
Quoting albchr
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. 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 {image}
Everyone has their own way of trading as you are more than aware of. And being in forums such as this can make the mind change views in a second and go against your own system - sometimes in your favor and sometimes not. But "sharing is caring" as the saying goes, and thats what I use this thread for, but there are always people who have completely different views, on trades and on others views.

I just express what I am doing whenever I post on this, if im not responding to someone else. It's never to indicate to others to do the same as me, but if some can see what I can see and if that works with their system, it could benefit them (or not). You know what I mean.

Dude you have a lot of respect around here - your system is also profitable to you! It's good that you help others with what you can see but stick to your rules! Their your rules, you made them !

Got to love the game
To live a successful life, we must lose our fear of being wrong
  • #5,822
  • Apr 16, 2013 5:33am Apr 16, 2013 5:33am
Quoting Scrat
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.
My thinking as well Scrat on both the bullish tone and the key level to watch. I have 150.30ish but what's a couple pips..lol

That bounce was serious and being that we closed daily well above the 50% of the whole BoJ rise, It may have been just the correction this bull trend needed for the big guns to get in good for further yen selling. Should be an interesting week form here.
Ghost Rider - WWTBMD?
  • #5,823
  • Apr 16, 2013 5:40am Apr 16, 2013 5:40am
Quoting EatPIPs
I just express what I am doing whenever I post on this, if im not responding to someone else. It's never to indicate to others to do the same as me,
That's exactly what Geppy started this thread for. To share ideas, not recommend actions. Nice to have you sharing yours bro.

For me it wasn't anything said here that made me change my mind. I did that all on my own. I learned long ago not to allow others to sway my thinking. Sometimes it can be tough to avoid the "heard mentality" but we must try. LOL
Ghost Rider - WWTBMD?
  • #5,824
  • Apr 16, 2013 5:44am Apr 16, 2013 5:44am
Quoting albchr
That's exactly what Geppy started this thread for. To share ideas, not recommend actions. Nice to have you sharing yours bro. For me it wasn't anything said here that made me change my mind. I did that all on my own. I learned long ago not to allow others to sway my thinking. Sometimes it can be tough to avoid the "heard mentality" but we must try. LOL
Ha ha for sure dude!

GL in trading today
To live a successful life, we must lose our fear of being wrong
  • #5,825
  • Apr 16, 2013 5:44am Apr 16, 2013 5:44am
Quoting buzzing
Pushed through 55ema on m15 and working on 200ema on m5. Looking good long? Note: G20 upset with weaker Yen !!
Quoting buzzing
If we can see MP in our rearview R1 next !!
Ended up filling 7 Longs btw 11:45 & 12:45 EST for +133 pips, buying on the dips. Got stopped out on the 8th trade for -22 and went to bed. No trading today during work :-(

good luck today !!
  • #5,826
  • Apr 16, 2013 5:45am Apr 16, 2013 5:45am
Quoting albchr
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. 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 {image}
i want to add a comment here. this is your trade. it is only about you. it does not matter who has what idea or predictions. you are the center, the sun of your trades.
your the meticulous indicator and you are the MA. your trades rotate around you. these could be hard to understand to someone, but you will realize it if you think about it little deeper. here is the illustration, which was posted in my thread:

Inserted Video
As Above, So Below
  • #5,827
  • Apr 16, 2013 5:49am Apr 16, 2013 5:49am
good morning guys. I am itching to short this! watching atm.

ok i tested the waters at 149.73.
  • #5,828
  • Apr 16, 2013 5:53am Apr 16, 2013 5:53am
there's a big chance for an annoying rest of the week

Quoting albchr
My thinking as well Scrat on both the bullish tone and the key level to watch. I have 150.30ish but what's a couple pips..lol That bounce was serious and being that we closed daily well above the 50% of the whole BoJ rise, It may have been just the correction this bull trend needed for the big guns to get in good for further yen selling. Should be an interesting week form here.
Nihil Sine Deo.
  • #5,829
  • Apr 16, 2013 5:59am Apr 16, 2013 5:59am
Quoting Fx-gtg
I WILL scalp Long this pair, japan QE has just started
this pair is great
  • #5,830
  • Apr 16, 2013 6:12am Apr 16, 2013 6:12am
Quoting Scrat
there's a big chance for an annoying rest of the week
LOL...No doubt but I think there will be intraday opportunities all over. There's a lot of noise this week from everywhere and that tends to give us no real direction but crappy moves and ranges to pick from.
Ghost Rider - WWTBMD?
  • #5,831
  • Apr 16, 2013 6:48am Apr 16, 2013 6:48am
Quoting tashkent
i want to add a comment here. this is your trade. it is only about you. it does not matter who has what idea or predictions. you are the center, the sun of your trades. your the meticulous indicator and you are the MA. your trades rotate around you. these could be hard to understand to someone, but you will realize it if you think about it little deeper. here is the illustration, which was posted in my thread: http://www.youtube.com/watch?v=5NU2t5zlxQQ
The metaphysics part is easy for me. Turning it into always winning trades? Not so much...lol

But I get your point.
Ghost Rider - WWTBMD?
  • #5,832
  • Apr 16, 2013 6:57am Apr 16, 2013 6:57am
Quoting albchr
The metaphysics part is easy for me. Turning it into always winning trades? Not so much...lol But I get your point.
Hi albchr and everyone?How are your short postions now?Closed all?
  • #5,833
  • Apr 16, 2013 6:59am Apr 16, 2013 6:59am
Short from 149.71

Tp 149.00, wedo have economic numbers coming out so I will be watching closely
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  • #5,834
  • Apr 16, 2013 7:05am Apr 16, 2013 7:05am
Quoting kaka_ht
Hi albchr and everyone?How are your short postions now?Closed all?
Stopped out. A crushing blow to an otherwise victorious day....LOL

Basically I added 27.4388% to the account from open to when I went riding yesterday afternoon. Came back after riding and loaded those shorts only to loose 41.4658% of those profits. So I'm up a net 16.0611% for the week so far.

Should have kept riding! It was a beautiful day!

Had the right plan over the weekend but lost sight of it.

http://www.forexfactory.com/showthre...95#post6608495

NEXT!!
Ghost Rider - WWTBMD?
  • #5,835
  • Apr 16, 2013 7:08am Apr 16, 2013 7:08am
Quoting BobGnarly
Short from 149.71 Tp 149.00, wedo have economic numbers coming out so I will be watching closely {image}
Patien my friend!I think we need more confimation to decide short or long now!
  • #5,836
  • Apr 16, 2013 7:10am Apr 16, 2013 7:10am
Quoting kaka_ht
Patien my friend!I think we need more confimation to decide short or long now!
I have 5 small long positions open in this current range with a fair SL looking for a bigger TP which is still not completely determined. My indicators are showing bullish and that hasn't changed once today..
To live a successful life, we must lose our fear of being wrong
  • #5,837
  • Apr 16, 2013 7:11am Apr 16, 2013 7:11am
Quoting BobGnarly
Short from 149.71 Tp 149.00, wedo have economic numbers coming out so I will be watching closely {image}
Hey Bob, I wonder if there will be much to watch. Got this feeling it's going to be a dribble day at best.

After the bounce and follow thru run up, I'm watching the 23.6% area again. Flat for now.
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Ghost Rider - WWTBMD?
  • #5,838
  • Apr 16, 2013 7:13am Apr 16, 2013 7:13am
Still waiting for 150.12 to get hit so my order can get filled.

I'd like to see another go at the 50% fib/147.25 area or atleast 148. The R:R on this one is good.
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  • #5,839
  • Apr 16, 2013 7:14am Apr 16, 2013 7:14am
Quoting albchr
Hey Bob, I wonder if there will be much to watch. Got this feeling it's going to be a dribble day at best. After the bounce and follow thru run up, I'm watching the 23.6% area again. Flat for now. {image}

Yea man, very small trade for me. Just looks exhausted from the recent up move. Very high r:r so wont be too mad if my stop is hit.

I should have waited for the numbers coming out at 8:30.. If we are flat after that I am going out on the bike for a few miles
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  • #5,840
  • Apr 16, 2013 7:15am Apr 16, 2013 7:15am
Quoting albchr
Hey Bob, I wonder if there will be much to watch. Got this feeling it's going to be a dribble day at best. After the bounce and follow thru run up, I'm watching the 23.6% area again. Flat for now. {image}
And I wonder the US red news coming soon in 15 minutes later can affect JYP or not?
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