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Geppy's Geppy Thread (GBP/JPY)

  • #7,001
  • May 28, 2013 6:23am May 28, 2013 6:23am
Quoting Mpt
{quote} I have a suspicion that 163 may be a long time off
who knows
New voice message: Why are you calling me? If I need you, I'll call you!
  • #7,002
  • May 28, 2013 6:24am May 28, 2013 6:24am
Quoting KillerWhale
{quote}who knows
I do
  • #7,003
  • May 28, 2013 6:33am May 28, 2013 6:33am
bullish flag on 1hr chart.
We trade to live not live to trade................
  • #7,004
  • May 28, 2013 9:07am May 28, 2013 9:07am
heyo, dudes!

I sold out a bunch of longs last night slightly above 154... I wanted to see how PA played out there before holding more. Looking to buy more on small dips now and ride her higher.
check out my blog: forexmademillionaire dot com
  • #7,005
  • May 28, 2013 9:24am May 28, 2013 9:24am
Quoting Geppy
heyo, dudes! I sold out a bunch of longs last night slightly above 154... I wanted to see how PA played out there before holding more. Looking to buy more on small dips now and ride her higher.

Holding mine till 156.60 , Hope not to be disappointed !
Attached Image (click to enlarge)
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  • #7,006
  • May 28, 2013 5:45pm May 28, 2013 5:45pm
Does anyone expect large movement due to BOJ speech ?
  • #7,007
  • May 29, 2013 5:49am May 29, 2013 5:49am
Morning/Afternoon/Evening dudes

I'm out of all my long positions with an average of 20pips profit. I've got a small short in play at the moment, im not backing the bull at the moment with the way PA has been going now. Short at 152.7... looking to close around the 38.2 fib on the 4HR.. GU isn't showing no real signs of north either.
To live a successful life, we must lose our fear of being wrong
  • #7,008
  • May 29, 2013 6:16am May 29, 2013 6:16am
Yep, here we go again. Support 152.4 (holding so far) then support at 151.9 , next about 150.1 ... then 146.5
  • #7,009
  • May 29, 2013 6:19am May 29, 2013 6:19am
Yeah i've had a break below my TL Channel which last time I ignored thinking it was just playing around and missed the biggish drop but not this time!
To live a successful life, we must lose our fear of being wrong
  • #7,010
  • May 29, 2013 6:33am May 29, 2013 6:33am
Quoting EatPIPs
Yeah i've had a break below my TL Channel which last time I ignored thinking it was just playing around and missed the biggish drop but not this time!
While i think the first stage of the downtrend (correction) may be now underway, I really wouldn't be surprised to see another up move back to the 154 area. We all knew that 154.75 was a big resistance, but it never got there and almost looks like a triangle is forming. So, I'm wondering whether there'll be another run up ... before anything else happens
  • #7,011
  • May 29, 2013 6:42am May 29, 2013 6:42am
As im working off the 1HR and 4HR, the 23.6 fib has been touched by 1 pip and held as resistance SO FAR. For my strategy that's a good sign HOWEVER this is forex so it could just burst past that in a flash especially being GJ
To live a successful life, we must lose our fear of being wrong
  • #7,012
  • May 29, 2013 2:19pm May 29, 2013 2:19pm
Still holding my longs + adding more
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  • #7,013
  • May 29, 2013 10:54pm May 29, 2013 10:54pm
Quoting Mpt
{quote} While i think the first stage of the downtrend (correction) may be now underway, I really wouldn't be surprised to see another up move back to the 154 area. We all knew that 154.75 was a big resistance, but it never got there and almost looks like a triangle is forming. So, I'm wondering whether there'll be another run up ... before anything else happens
I agree. I am systematicaly reducing the number of long positions. The correction hasn't propperly tested the Fib 23.6 on the Weekly chart; so there is still room for downward movement. At the same time testing above/towards 154.440 is also still on the cards.
  • #7,014
  • May 30, 2013 12:04am May 30, 2013 12:04am
I feel the price will touch 147 before it goes higher.
  • #7,015
  • May 30, 2013 12:12am May 30, 2013 12:12am
While UJ is still looking very bearish, if Cable breaks over about 1.517/8 it may become bullish enough to take GJ up for one more move (assuming GJ finds support AGAIN).

If, may, possibly, might .....
  • #7,016
  • May 30, 2013 7:12pm May 30, 2013 7:12pm
Dead thread ?!!!?????
  • #7,017
  • May 31, 2013 2:58am May 31, 2013 2:58am
Quoting netera
Dead thread ?!!!?????
not really. i think the market is not treating alto of people fairly.
We trade to live not live to trade................
  • #7,018
  • Edited 3:58am May 31, 2013 3:48am | Edited 3:58am
and back to the bottom of the triangle


ps this is f-ing tiresome
  • #7,019
  • May 31, 2013 4:01am May 31, 2013 4:01am
Quoting Mpt
and back to the bottom of the triangle ps this is f-ing tiresome
To live a successful life, we must lose our fear of being wrong
  • #7,020
  • May 31, 2013 4:02am May 31, 2013 4:02am
I've literally been trading off the 1M chart for the last day and today...!
To live a successful life, we must lose our fear of being wrong
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