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Geppy's Geppy Thread (GBP/JPY)

  • #6,541
  • May 1, 2013 4:55pm May 1, 2013 4:55pm
is dis thread dying?

everywhere is so quiet
We trade to live not live to trade................
  • #6,542
  • May 1, 2013 5:32pm May 1, 2013 5:32pm
i think everyone just got busy and the market is just standing still so not much to talk about
  • #6,543
  • May 1, 2013 7:21pm May 1, 2013 7:21pm
Quoting draego
i think everyone just got busy and the market is just standing still so not much to talk about
rite !
geppy told me once because of boring week and the reason still holiday in asia.
  • #6,544
  • May 1, 2013 7:54pm May 1, 2013 7:54pm
Also not much to report here.
Only that a long hit target from a pending that was taken @ 151.19 was collected @ 152.15.

Now waiting for opportunities.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #6,545
  • May 2, 2013 1:05am May 2, 2013 1:05am
you dirty sniper
Quoting KillerWhale
...Only that a long hit target from a pending that was taken @ 151.19 was collected @ 152.15. Now waiting for opportunities.
Nihil Sine Deo.
  • #6,546
  • May 2, 2013 7:24am May 2, 2013 7:24am
About time we start seeing some proper movement in a day!!
To live a successful life, we must lose our fear of being wrong
  • #6,547
  • May 2, 2013 7:28am May 2, 2013 7:28am
Closed my weakest long with +10 leaving my other one open at the moment
Attached Image (click to enlarge)
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To live a successful life, we must lose our fear of being wrong
  • #6,548
  • May 2, 2013 7:51am May 2, 2013 7:51am
finally! look like geppy will have a great morning
  • #6,549
  • Edited 8:53am May 2, 2013 8:35am | Edited 8:53am
120 up and down in just a matter of minutes. i'm out for now. my bias is to the downside because of g-u, but i'll only take clear setups.

p.s. and by clear setups i mean price action below 151 area. otherwise, price is above support and i will probably load some longs AFTER a test & bounce back up.
Nihil Sine Deo.
  • #6,550
  • May 2, 2013 10:30am May 2, 2013 10:30am
okay i looked again at my charts and have some additional comments.

short term trend. it's all about 150.72, if this gives way then price will dive further.

overall trend (that is, MEDIUM/LONG term) is still bullish but for NOW, i think we are in consolidating mode with a short term bias towards the lower edge of the weekly ascending channel. which means that, EVEN IF PRICE BREAKS 150.72 IT IS ONLY A PULLBACK. the lowest it can go without changing weekly bullish sentiment is low/mid 148 to ~145. so for medium term, this should be the target IF 150.72 breaks.



Quoting Scrat
120 up and down in just a matter of minutes. i'm out for now. my bias is to the downside because of g-u, but i'll only take clear setups. p.s. and by clear setups i mean price action below 151 area. otherwise, price is above support and i will probably load some longs AFTER a test & bounce back up.
Attached Image(s) (click to enlarge)
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Nihil Sine Deo.
  • #6,551
  • May 2, 2013 11:55am May 2, 2013 11:55am
Looking at the 1HR upwards the 50EMA is still above the 200EMA and for now I am still on the bull train. 150pip move up on one 1HR candle and 114pip move down on the following candle, this is still not settled but my bias and money is still long. IMO
To live a successful life, we must lose our fear of being wrong
  • #6,552
  • May 2, 2013 12:43pm May 2, 2013 12:43pm
Quoting EatPIPs
Looking at the 1HR upwards the 50EMA is still above the 200EMA and for now I am still on the bull train. 150pip move up on one 1HR candle and 114pip move down on the following candle, this is still not settled but my bias and money is still long. IMO
Yeah, I'm still holding too... as exciting as this week has been
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  • #6,553
  • May 2, 2013 1:17pm May 2, 2013 1:17pm
I have been working like crazy with my detailing business, about 2 cars a day, I am beatttt... Decided to make an automated system to fit my busy schedule, Turned out a bunch of pips for me today simple over bought oversold strategy. Still a boring range bound week

All positions are closed for the day, Will be busy tomorrow during NFP so will be doing some mechanical trading after the market digests that news. Still have a long Bias up to 163, ups and downs along the way as usual
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  • #6,554
  • May 2, 2013 4:39pm May 2, 2013 4:39pm
My personal view on GBP/JPY is in comming days or weeks it will turn bearish and hit first 148 area and then lower. For those who are trading long term on gbp/jpy i think it is a best option right now to sell GBP/JPY
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
  • #6,555
  • May 2, 2013 11:03pm May 2, 2013 11:03pm
Quoting shahtijani
My personal view on GBP/JPY is in comming days or weeks it will turn bearish and hit first 148 area and then lower. For those who are trading long term on gbp/jpy i think it is a best option right now to sell GBP/JPY

My personal view is people shouldn't post personal view without charts, reasoning and backing yourself up with actual trade to support that view.

Everyone can come here and say oh in a couple of months/years it will be at 170+ (which is actually correct by the way...)
  • #6,556
  • May 2, 2013 11:46pm May 2, 2013 11:46pm
Quoting draego
{quote} My personal view is people shouldn't post personal view without charts, reasoning and backing yourself up with actual trade to support that view. Everyone can come here and say oh in a couple of months/years it will be at 170+ (which is actually correct by the way...)
How do you know? And how do WE know without you supporting it by charts etc.????????????????

Caught by yourself!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #6,557
  • May 2, 2013 11:52pm May 2, 2013 11:52pm
Quoting KillerWhale
{quote} How do you know? And how do WE know without you supporting it by charts etc.???????????????? Caught by yourself!
pfft, i am in long before that, took many off, and added many on the way, hehe
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  • #6,558
  • May 3, 2013 5:53am May 3, 2013 5:53am
Morning dudes

Would be nice to see a close today in the 153s...

Been quite a crappy week however managed to close a couple of my longs from last week in profit and reopen a few more. Got a +40SL in place on one and the other is open to go where it wants! Big spikes could be in place a little later so covering one just in case.
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To live a successful life, we must lose our fear of being wrong
  • #6,559
  • May 3, 2013 7:41am May 3, 2013 7:41am
That's Great !
  • #6,560
  • May 3, 2013 7:51am May 3, 2013 7:51am
Great, longs gj and uj all took profit, flat now
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