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Geppy's Geppy Thread (GBP/JPY)

  • #6,501
  • Apr 26, 2013 2:38pm Apr 26, 2013 2:38pm
Quoting Geppy
{quote} If it weren't Friday, there'd be no thinking involved
Stop thinking and start drinking

It's weekend my friend!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #6,502
  • Apr 26, 2013 3:35pm Apr 26, 2013 3:35pm
also, looks like we'll be closing out the weekly with a pin bar (or pretty darn close to one)
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  • #6,503
  • Apr 26, 2013 9:11pm Apr 26, 2013 9:11pm
Time to go short, UJ, EJ and GJ
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  • #6,504
  • Apr 27, 2013 11:22am Apr 27, 2013 11:22am
not just yet for g-j. we are right at the lower edge of an ascending channel - this is the critical area for further falling or bouncing. this can clearly be seen on an h4 chart -

http://charts.mql5.com/1/428/gbpjpy-...l-services.png

it's obvious that right now i am waiting to see next direction. this swing down from 153.75 is not "officially" over. significant buying activity appeared on h1 but price did not break out of the descending channel. see this m15 chart.

http://charts.mql5.com/1/428/gbpjpy-...l-services.png

Quoting KillerWhale
Time to go short, UJ, EJ and GJ
Nihil Sine Deo.
  • #6,505
  • Apr 27, 2013 11:29am Apr 27, 2013 11:29am
Quoting Scrat
not just yet for g-j. we are right at the lower edge of an ascending channel - this is the critical area for further falling or bouncing. this can clearly be seen on an h4 chart - {image} it's obvious that right now i am waiting to see next direction. this swing down from 153.75 is not "officially" over. significant buying activity appeared on h1 but price did not break out of the descending channel. see this m15 chart. {image} {quote}
It might help that the daily GU is almost at the top of it's channel
Attached Image (click to enlarge)
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  • #6,506
  • Apr 27, 2013 11:32am Apr 27, 2013 11:32am
as for long term, still in an uptrend. even if we clear mid 150 area, the next serious support is waiting at mid/low 147. and that's it.

http://charts.mql5.com/1/428/gbpjpy-...services-2.png

in other words, a break here would probably bring mid 147 or so; a bounce here MIGHT bring a test of resistance and EVENTUALLY a higher high. this is my view, clear and simple.

hope everyone is enjoying the weekend!
Nihil Sine Deo.
  • #6,507
  • Apr 28, 2013 9:32pm Apr 28, 2013 9:32pm
Just collected 20 pips short GJ and 45 pips UJ
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  • #6,508
  • Apr 29, 2013 9:29am Apr 29, 2013 9:29am
The 23.6 is being a B**** today!!
To live a successful life, we must lose our fear of being wrong
  • #6,509
  • Apr 29, 2013 10:41am Apr 29, 2013 10:41am
I almost thought this thread was dead.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #6,510
  • Apr 29, 2013 10:53am Apr 29, 2013 10:53am
Quoting KillerWhale
I almost thought this thread was dead.
Nothing much to talk about today? IMO!
To live a successful life, we must lose our fear of being wrong
  • #6,511
  • Apr 29, 2013 11:27am Apr 29, 2013 11:27am
Quoting KillerWhale
I almost thought this thread was dead.
It is. lol
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  • #6,512
  • Apr 29, 2013 11:57am Apr 29, 2013 11:57am
seem like the 4hr 50ema is holding well, what do you guys think?

thanks geppy
  • #6,513
  • Apr 29, 2013 12:36pm Apr 29, 2013 12:36pm
Have at it kids...
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  • #6,514
  • Apr 29, 2013 12:37pm Apr 29, 2013 12:37pm
Quoting draego
seem like the 4hr 50ema is holding well, what do you guys think? thanks geppy
Seems to be, I had shorts last night but covered this morning and went long. Currently averaged at 151.80
check out my blog: forexmademillionaire dot com
  • #6,515
  • Apr 29, 2013 1:19pm Apr 29, 2013 1:19pm
Quoting Geppy
{quote} Seems to be, I had shorts last night but covered this morning and went long. Currently averaged at 151.80
I wish.
man I missed out on that nice wave down and have had longs in and holding...
stacking on every 50 it went pips down. Im tired of sitting in the red, can we just race towards 154 again already ?
  • #6,516
  • Apr 29, 2013 1:54pm Apr 29, 2013 1:54pm
  • #6,517
  • Apr 29, 2013 2:08pm Apr 29, 2013 2:08pm
its been a long long way to wait to post here because of the vouch and became a "trader viewing".
and most of all i admire you Geppy, your analysis is awesome and you are really good guy in the real life i think because of good comment you have there especially bout helping newbies like me.

sorry for the introduction..
just want to express my feeling..


i wonder why this thread so silent this morning to afternoon (gmt - 7) ? really miss you all ..

hope i can contribute here ..
  • #6,518
  • Apr 29, 2013 2:41pm Apr 29, 2013 2:41pm
Quoting BaraHabiba
its been a long long way to wait to post here because of the vouch and became a "trader viewing". and most of all i admire you Geppy, your analysis is awesome and you are really good guy in the real life i think because of good comment you have there especially bout helping newbies like me. sorry for the introduction.. just want to express my feeling.. i wonder why this thread so silent this morning to afternoon (gmt - 7) ? really miss you all .. hope i can contribute here ..
There's just not much going on in the pair today. This whole week may be like this as Japan is on holiday for the majority of the week and there are other countries with intermittent holidays too.

The range has been pitiful, but what ya gonna do?
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  • #6,519
  • Apr 29, 2013 2:42pm Apr 29, 2013 2:42pm
hi all
im old here but i just watching and betwin time to another i shared my view with you.
i see for gpy its going higher now maybe to 153 or 154 or more we will watching for act.
  • #6,520
  • Apr 29, 2013 3:44pm Apr 29, 2013 3:44pm
Quoting Geppy
{quote} There's just not much going on in the pair today. This whole week may be like this as Japan is on holiday for the majority of the week and there are other countries with intermittent holidays too. The range has been pitiful, but what ya gonna do?
i see.
its great quote by you geppy. like usual, very welcome man..

bad day today, lost my 50% in hedging the GBPUSD that not going down a lot of time, i got attack at mental when i see 3 day full red.
so i closed it.

sorry for share my story.
i dont know exactly what im doing after the previous event red red red.
but i buy, to 15200

i am sure that 15100 will hold,.

and how about you ? still keep an eye for long ?
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