Geppy's Geppy Thread (GBP/JPY)

Quoting forex_growth

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hey bro me too - got same upper trend line as you and so far I think usd/jpy is reaching roof again - and after yesterdays build up which couldnt break the 100 mark, I think it'll need more ooomph! I did have a lovely short at top of when that hoax twitter went out - watched it as my cash rolled in - was like holy shite this is epic - also at time mate sent me some funny vid of these hot topless chicks dancing about... yeah I took one eye off it for only a few seconds and it bounced straight back up... sad thing is - think if given same situation...

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Quoting Geppy

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{quote} Sorry to hear it's been a rough week, dude. Keep your head up and keep doing your thing. You'll be fine. I came darn close to getting stopped out of my shorts last night, but managed to survive. I just took profit on my two worst fills, decided to hold the other two, and even added another cheeky one here at 151.72 to see if this move is going to go any further. Been kind of a boring week. It's not like me to be scalping like this, but there's really not much else to do... {image}

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Quoting forex_growth

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thanks bro yeah its all sweet - just part of the game I guess - still sucks when it happens though! any target for your shorts? youre right 151.50 is a bitch - Im thinking 151 may be a good play to buy again.. I have it as a lower trend line and also around 50 fib of move up from the 150 area.. {quote}

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Quoting Geppy

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{quote} Got it set to 150.90, but yeah... right in there works.

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Quoting KillerWhale

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{quote} I disagree this time but I could be totally wrong. We've breached 152 and I think we're heading higher. {image}

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Quoting Geppy

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{quote} Definitely could be... we've bounced nicely off the 1h 50ema, but the whole 1h chart is SOOOOOO range bound. Either way, I welcome a break. Getting tired of this range. EDIT: I really would probably feel more comfortable (since we've bounced) with longs rather than shorts. Although I've still got my shorts, I'll be trying to wiggle out for a very slight loss (if my math is correct) at 151.80 EDIT2: actually, if I get out there, I'll make about 2.5 pips LOL

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Quoting Geppy

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{quote} Definitely could be... we've bounced nicely off the 1h 50ema, but the whole 1h chart is SOOOOOO range bound. Either way, I welcome a break. Getting tired of this range. EDIT: I really would probably feel more comfortable (since we've bounced) with longs rather than shorts. Although I've still got my shorts, I'll be trying to wiggle out for a very slight loss (if my math is correct) at 151.80 EDIT2: actually, if I get out there, I'll make about 2.5 pips LOL

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Quoting Geppy

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{quote} Out at 0.89 just now... snagging a long here and looking to buy more if we go lower. Feels like it wants to go higher...

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Quoting Scrat

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about longs on yen pairs - u-j seems to show important selling activity at the top. while it's true that price can pop above for some time, this chart is telling me that the sell-off of u-j is being set up real nice. i just need a confirmation to load heavily on shorts. g-j is not tradeable, imo. it's just dead... i got whipsawed and i had to step back. flat on this pair. euro is more interesting right now. {quote} {image}

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Quoting Scrat

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about longs on yen pairs - u-j seems to show important selling activity at the top. while it's true that price can pop above for some time, this chart is telling me that the sell-off of u-j is being set up real nice. i just need a confirmation to load heavily on shorts. g-j is not tradeable, imo. it's just dead... i got whipsawed and i had to step back. flat on this pair. euro is more interesting right now. {quote} {image}

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Quoting KillerWhale

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{quote} Scrat, where did you get that swing volume indicator? May I kindly ask you for a copy of that file?

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Quoting Geppy

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{quote} hahaha... I think he's posted it here at least twice

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Quoting Scrat

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http://www.forexfactory.com/showthre...25#post6599525 {quote}

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Quoting Scrat

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see this post. i got the indicator from 'auction market...' thread if you feel the need to dig after the original post. {quote}

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Quoting KillerWhale

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Weird untradable pa's. UJ going down, GU going up, GJ doesn't know what to do. What's the sign here? Staying out. Still have a little long @ 152.15, maybe wrong!

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Quoting Scrat

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about longs on yen pairs - u-j seems to show important selling activity at the top. while it's true that price can pop above for some time, this chart is telling me that the sell-off of u-j is being set up real nice. i just need a confirmation to load heavily on shorts. g-j is not tradeable, imo. it's just dead... i got whipsawed and i had to step back. flat on this pair. euro is more interesting right now. {quote} {image}

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Quoting roro53

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{quote} agree from a common sense perspective, for what that is worth........simple logic dictates the Japanese are also looking at the shitty economic prints so why buy at the tops

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