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Geppy's Geppy Thread (GBP/JPY)

  • #6,941
  • May 23, 2013 3:31am May 23, 2013 3:31am
Woah!!!! Pat on the back to all the dudes on the bear train!!!
To live a successful life, we must lose our fear of being wrong
  • #6,942
  • May 23, 2013 3:34am May 23, 2013 3:34am
All trades just hit TP at 152.10

I made up for all of my losses I took on my longs in NY by about THREE TIMES

Love it!
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  • #6,943
  • May 23, 2013 3:37am May 23, 2013 3:37am
Quoting Geppy
All trades just hit TP at 152.10 I made up for all of my losses I took on my longs in NY by about THREE TIMES Love it! {image}
Bravo dude!!!

I'm sitting here running out of toilet paper ha ha ha
To live a successful life, we must lose our fear of being wrong
  • #6,944
  • May 23, 2013 3:38am May 23, 2013 3:38am
Quoting EatPIPs
{quote} Bravo dude!!! I'm sitting here running out of toilet paper ha ha ha
Haha, thanks dude. I just wish I'd seen it 100pips earlier. Oh well, good outcome!
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  • #6,945
  • May 23, 2013 3:42am May 23, 2013 3:42am
Quoting Geppy
{quote} Haha, thanks dude. I just wish I'd seen it 100pips earlier. Oh well, good outcome!
Still holding my longs will this drop have an end soon ??? !!
  • #6,946
  • May 23, 2013 3:44am May 23, 2013 3:44am
Quoting netera
{quote}Still holding my longs will this drop have an end soon ??? !!
Yikes, dude! Be careful. I'm starting to add shorts back on...
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  • #6,947
  • May 23, 2013 3:47am May 23, 2013 3:47am
Quoting Geppy
{quote} Yikes, dude! Be careful. I'm starting to add shorts back on...
To 150.70ish ?
  • #6,948
  • May 23, 2013 3:47am May 23, 2013 3:47am
I'd personally wait a while to see PA over next few hours...
To live a successful life, we must lose our fear of being wrong
  • #6,949
  • May 23, 2013 3:50am May 23, 2013 3:50am
Quoting Mr.C
Hey guys. Longs are waiting on GBP/JPY: 155.450 - 155.170 zone is good for buys.
It was good for 40 pips. Didn't lock any, nor moved the SL to b/e before FOMC. Joining the party with a loss. Account damage: 1%. What a day for JPY and it looks like the roller coaster continues. Interesting that at least couple JPY crosses had signals to short: https://www.facebook.com/photo.php?f...0247397&type=1 But I honestly wasn't expecting this pack of fundamentals.

Good luck and green pips today guys!
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #6,950
  • May 23, 2013 3:58am May 23, 2013 3:58am
alright, reloaded shorts and TPs + SLs are in... finally sleep time
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  • #6,951
  • May 23, 2013 4:00am May 23, 2013 4:00am
At least we now have a real rising wedge pattern.
  • #6,952
  • May 23, 2013 4:11am May 23, 2013 4:11am
I've placed a couple longs at 152.5...
To live a successful life, we must lose our fear of being wrong
  • #6,953
  • May 23, 2013 4:24am May 23, 2013 4:24am
Quoting Mpt
At least we now have a real rising wedge pattern.
On which timeframe?
  • #6,954
  • May 23, 2013 5:02am May 23, 2013 5:02am
Quoting Unrealpips
{quote} On which timeframe?
Daily
  • #6,955
  • Edited 7:36am May 23, 2013 7:21am | Edited 7:36am
wow. i got whipsawed pretty bad at the beginning of the week and was actually flat so i missed the ride down. i was short targeting 151.30... but stopped.
anyway, back to now - the bounce from the low was a bit extreme, it broke the 165 pips for the maximum daily range so i am not really sure about shorts for now. flat again. will look to go long on a dip.
Nihil Sine Deo.
  • #6,956
  • May 23, 2013 8:47am May 23, 2013 8:47am
Hey Scrat, do you think this will become the famous big retracement? Good to see you around...

I was lucky enough to jump the train in the very first hour from the top for geppy, usdjpy and eurjpy, a few hours ago I was 460 pips down (I mean up) on geppy but I'm not so sure... I would like to ride it real downwards, 146 or some crazy number like that. If this thing gets back to the top I will not be happy, to say the least.
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  • #6,957
  • Edited 9:32am May 23, 2013 9:08am | Edited 9:32am
I came very, very close to getting stopped out lat night (something like 2 pips), but she held on and I'm still holding my reloaded shorts. I still think we'll go lower and we're just doing a bit of consolidation here.
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  • #6,958
  • May 23, 2013 10:42am May 23, 2013 10:42am
It appears we're stuck in a range between ~153.50 - 152.65

Direction will be determined on a convincing break of either extreme.
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  • #6,959
  • May 23, 2013 12:02pm May 23, 2013 12:02pm
Are we at a 61.8% retracement of the move down? Is it likely the next leg down brings 150.00 or that area?
  • #6,960
  • May 23, 2013 12:11pm May 23, 2013 12:11pm
my short trade
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