Geppy's Geppy Thread (GBP/JPY)

Calling it a day. 1,5 % gain today. Need a good rest to get my power back. Damn Rota virus. Can't eat anything. Can't even think about food - makes me vomit. And it is second day I am on a strong diet. Good luck to traders who are still thinking to hunt some pips today. Will be back to trading tomorrow during London.

Hey dudes

Got another short in play now aiming for around 170 pip TP south around 151.85. It's a small trade will see how it plays out over the next 24 hours. Don't want to keep anything open over the weekend unless I see some good PA playing out

Hey guys. Leaving GBP/JPY pending buy @ 152,450.

GBP/JPY: surprise, surprise. Week's profit sliced with this trade and 2/3 given to charity as I like calling it. Got stopped out with 30 pips (1%) loss . It seemed that the dust has settled down but was just a trick before the bears power. No pullbacks, no reverses, no chances to re-enter. Price payed. Congrats to short players - nice trade!

See you soon. GL and green pips as always!

Beautiful

151.85 smashed and landed at 150.31 (so far!!)

148.6 is my next target 50 FIB - will reload on pullbacks now.

The 38.2 FIB on the 4HR has been breached after 23rd April when it was last in that zone.

50 and 200 still haven't crossed over on the 4HR but is closing in tightly now. This thing can still go either way but we have been getting a bear movement for over 3 weeks now. My long term view of this thing is still north but it seems it still needs more fire before it launches off...

I'm looking at this pair purely on PA.

Shorted @ 150.99 TP 150.15

Hit

Is this thing really what it looks like? Support at 150.2 didn't work. 149 looks like temporary support. Resistance is (for now) around 151. It's acting and looking like the mother of all H&S patterns. Is support at 147 ~147.5 with a bounce to 154?

Hey dudes

Next few hours should be nice

I doubt I would be leaving anything open over the weekend especially with negative swap on the shorts. If it plays out how I can see it playing out then I would be looking to start longing around 147.

148.6 TP hit. I have 2 other shorts running TP 147 - 147.5 region. 4HR 50 & 200 looking to cross soon

See that......They always give new york a chance to get in on the major moves......like reading a book.

London is the bank, Washington is the military and Rome is the church. That bunch wouldn't let New York miss out on the move, they need their beauty sleep....huh!!

For the elliott wave bunch out there.....147.95 is the line.....that would be the top of wave 1....a major wave 1....which puts us in wave three which will be a monster blowing through the 163.xx from wayy back. which means the target for this 5 wave impulse structure is about 314.xx. Putting the illustrious us/yen to 150 and beyond

playing realy well but still havent reached the targeted zone!

he he......filled our socks ...men.......gonna buy a brand new jet ranger......

u dont think 135-6 comes into play ?

Today has been played out for all the big moves IMO but i'm in two small risk shorts off the 1M. Going to manually close by end of today if TP or SL hasn't been hit

The structure looks impulsive since the low in new york friday.......it's a complete 5 waves up with the mandatory three correction waves....A B C, even...all in a few hours.....and here's a secret to figure out.......it went how many pips up?

Keep track of number of pips in the moves if you aren't already...........historically that means something in my opinion....but I never post about that....but I did for this thread because it's so cool. You guys make for the best reading....you know....when we spend countless hours not getting sleep watching the PA. We do better with more input and reading..... I have an international group chat room.....modifying our two trading systems.....and they want to publish an app for the smartphones.....(hail no)......but they are babes compared to this threads posters.

Hi EatPIPs, I'd appreciate it if you could share the simple "ask, bid, spd, adr, tdy" indicator you're using. Something like that would be useful to me. Thanks.

hi....Solveforex.....I guess it's ATR, on a daily 14 period.......which is average true range, Daily, 14 period......adr
then today's daily ATR, average true range,......tdy
all that under the ask bid spread three....you know, just the current market price, (at market).......that's the ask and bid, then we have the spread, which is just the two prices( or the difference between them) most of the trading platforms show to "click" on when entering a trade.......ask , bid , spd