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Geppy's Geppy Thread (GBP/JPY)

  • #6,641
  • May 7, 2013 9:32pm May 7, 2013 9:32pm
Quoting Gbp/jpy
{quote} hey, geppy....I think I know you from long ago.......like, I'm your Godfather if that's you from Irving....south Irving from your avatar, I see you have the same "pirates smile" as your sister....Jennifer. If that's you, I'm an old buddy of the bunch your parents hung out with in the 70's. Travis Guess....would be the name.....and I'm proud of ya....if that's you......Leslie and Mike, Betty and Jim and me and Debby....all proud of ya.
Definitely got the wrong Travis. Sorry bro.
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  • #6,642
  • May 7, 2013 9:36pm May 7, 2013 9:36pm
Anyway... longs are looking good for now. We bounced very, VERY nicely off the 1h 200ema and I bought a little more down there at those levels.

Last week's range was pretty messy, so it's hard to pick an exact breakout level rather than a zone. I feel we've now tested that zone and we'll slowly start to head higher. I wouldn't be surprised to see us start dancing around in the 155s or even higher this week. At least that's my bias for now.
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  • #6,643
  • May 7, 2013 9:40pm May 7, 2013 9:40pm
Got in long earlier, should of bought more but was busy and away from the pc, will be adding on dips as long as we hold above 153
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  • #6,644
  • May 7, 2013 10:03pm May 7, 2013 10:03pm
Quoting Geppy
Anyway... longs are looking good for now. We bounced very, VERY nicely off the 1h 200ema and I bought a little more down there at those levels. Last week's range was pretty messy, so it's hard to pick an exact breakout level rather than a zone. I feel we've now tested that zone and we'll slowly start to head higher. I wouldn't be surprised to see us start dancing around in the 155s or even higher this week. At least that's my bias for now. {image}
GEPPY, what's the difference between you 2 MACD'S?
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  • #6,645
  • May 7, 2013 10:05pm May 7, 2013 10:05pm
Quoting KillerWhale
{quote} GEPPY, what's the difference between you 2 MACD'S?
To be honest... trying to figure that out. I took the colored one from 100PipsaDay's 3 screen strategy thread. It was a custom indi. But, even with the same settings... I can't figure out why it doesn't match the standard MT4 one.
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  • #6,646
  • May 7, 2013 10:06pm May 7, 2013 10:06pm
Quoting Geppy
Anyway... longs are looking good for now. We bounced very, VERY nicely off the 1h 200ema and I bought a little more down there at those levels. Last week's range was pretty messy, so it's hard to pick an exact breakout level rather than a zone. I feel we've now tested that zone and we'll slowly start to head higher. I wouldn't be surprised to see us start dancing around in the 155s or even higher this week. At least that's my bias for now. {image}
check your PM
  • #6,647
  • May 7, 2013 10:42pm May 7, 2013 10:42pm
Quoting Geppy
{quote} To be honest... trying to figure that out. I took the colored one from 100PipsaDay's 3 screen strategy thread. It was a custom indi. But, even with the same settings... I can't figure out why it doesn't match the standard MT4 one.
I used the standard MT4 from Oanda for years but it's totally wrong.
I think I can help you but I have to figure it out.
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  • #6,648
  • May 7, 2013 10:52pm May 7, 2013 10:52pm
Quoting KillerWhale
{quote} I used the standard MT4 from Oanda for years but it's totally wrong. I think I can help you but I have to figure it out.
Almost there
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  • #6,649
  • May 7, 2013 11:06pm May 7, 2013 11:06pm
Quoting KillerWhale
{quote} Almost there
I got it, I have the same settings as you do.
Here the top one is the standard Oanda setting which is totally wrong.
MACD should always have 2 lines and 1 histogram.
The second one is the right one.

What is happening here is this:

The red lines are the same in both MACD's
The silver line in my lower MACD represents the Histogram in the top one.

That's wrong, because you miss information.

The colored one is the right MACD with 2 lines and the Histogram.

And you need the histogram correctly represented for reasons to predict divergences and future movements.

My advise to you: dump the standard one and only use the adjusted one with the 2 lines and histogram.
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  • #6,650
  • May 7, 2013 11:08pm May 7, 2013 11:08pm
Quoting KillerWhale
{quote} I got it, I have the same settings as you do. Here the top one is the standard Oanda setting which is totally wrong. MACD should always have 2 lines and 1 histogram. The second one is the right one. What is happening here is this: The red lines are the same in both MACD's The silver line in my lower MACD represents the Histogram in the top one. That's wrong, because you miss information. The colored one is the right MACD with 2 lines and the Histogram. And you need the histogram correctly represented for reasons to predict divergences and...
Sorry, forgot the picture
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  • #6,651
  • May 8, 2013 12:24am May 8, 2013 12:24am
Quoting draego
{quote} check your PM
Got it.
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  • #6,652
  • May 8, 2013 12:26am May 8, 2013 12:26am
Quoting KillerWhale
{quote} I got it, I have the same settings as you do. Here the top one is the standard Oanda setting which is totally wrong. MACD should always have 2 lines and 1 histogram. The second one is the right one. What is happening here is this: The red lines are the same in both MACD's The silver line in my lower MACD represents the Histogram in the top one. That's wrong, because you miss information. The colored one is the right MACD with 2 lines and the Histogram. And you need the histogram correctly represented for reasons to predict divergences and...
Hmm, cool.. thanks KW. I wonder why MT4 shows such an odd one then? Weird!
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  • #6,653
  • May 8, 2013 12:32am May 8, 2013 12:32am
Quoting Geppy
{quote} Hmm, cool.. thanks KW. I wonder why MT4 shows such an odd one then? Weird!
I sent an email to Oanda with that same question.
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  • #6,654
  • May 8, 2013 2:22am May 8, 2013 2:22am
Morning dudes

Closed my 3 shorts yesterdays and now long, bounce off the 200 on the 1HR and also on the bottom trend line of my channel. Looking at 154 for minimum TP on one of the longs for today
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  • #6,655
  • May 8, 2013 3:06am May 8, 2013 3:06am
How big is your spread for this pair? Mine is like 2.5 pips...
  • #6,656
  • May 8, 2013 3:16am May 8, 2013 3:16am
Quoting Unrealpips
How big is your spread for this pair? Mine is like 2.5 pips...
Usually between 4-6pips during the day. I've seen it at 12pips before around midnight GMT but that's just insane.
To live a successful life, we must lose our fear of being wrong
  • #6,657
  • May 8, 2013 3:27am May 8, 2013 3:27am
Quoting EatPIPs
{quote} Usually between 4-6pips during the day. I've seen it at 12pips before around midnight GMT but that's just insane.
That sounds pretty bad too. For the record, I'm not trying to sell you anything
  • #6,658
  • May 8, 2013 3:30am May 8, 2013 3:30am
was it? first, how would you feel if someone on a public forum goes "i know who you are and where you live, i even know your family". don't you think this type of discussion would be more appropriate in private, if at all? and second, are you really sure he's not jack... ?
and that's it as off topic.
Quoting draego
{quote} that was kinda uncall for. I believe gbp/jpy was genuinely serious and did not make any improper remarks
Nihil Sine Deo.
  • #6,659
  • May 8, 2013 4:19am May 8, 2013 4:19am
no clear break to the upside. support @ 151.66 area, no significant buying activity and u-j / g-u are still bearish at the moment.
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Nihil Sine Deo.
  • #6,660
  • May 8, 2013 6:40am May 8, 2013 6:40am
Quoting BobGnarly
Got in long earlier, should of bought more but was busy and away from the pc, will be adding on dips as long as we hold above 153 {image}

Stop at Be 153.07
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