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Geppy's Geppy Thread (GBP/JPY)

  • #7,181
  • Jun 13, 2013 12:51am Jun 13, 2013 12:51am
Quoting Mpt
Assuming it falls further, next support is just under the 100 Day MA at about 147.7, then about 146.6.
...
cool...that 147.68 is the uptrend line, too. Thompson Reuters IFR called it the uptrend line from 13/11.....what is that, I wonder
  • #7,182
  • Jun 13, 2013 12:57am Jun 13, 2013 12:57am
Well my long order got triggered. @147.9 I forgot to cancel it. Now kept tight SL and open TP. I think I gonna close in red!
  • #7,183
  • Jun 13, 2013 1:04am Jun 13, 2013 1:04am
Quoting Gbp/jpy
{quote} ... cool...that 147.68 is the uptrend line, too. Thompson Reuters IFR called it the uptrend line from 13/11.....what is that, I wonder

One minor problem though. It hasn't bounced yet. Next UJ support is at about 93.3, which would mean another 100 GJ pips
  • #7,184
  • Jun 13, 2013 1:17am Jun 13, 2013 1:17am
Still holding, but target (146.80) is getting closer. Phenomenal night!
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  • #7,185
  • Jun 13, 2013 2:14am Jun 13, 2013 2:14am
yeah! as expected! out with -80 pips! Now I learned a lesson! Keep close eye on orders specially with JPY crosses!
  • #7,186
  • Jun 13, 2013 2:23am Jun 13, 2013 2:23am
Hey dudes

Well i'm glad I closed my longs yesterday and jumped trains!!! All my shorts hit their TP throughout the night last night

I have just opened another this morning TP is around 100 pips from here. Already covered 347 pip range today, there is much more to come from this yet now IMO.

However, this level we are currently at is going to be some trouble if it holds, for how long is anyones guess. But from this short rally, there seems to be plenty steam left in the engine to keep going.

I will start to be cautious if this level holds now for a while. A lot of money to be made on the reverse of this pair!
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To live a successful life, we must lose our fear of being wrong
  • #7,187
  • Jun 13, 2013 2:53am Jun 13, 2013 2:53am
Quoting EatPIPs
Hey dudes Well i'm glad I closed my longs yesterday and jumped trains!!! All my shorts hit their TP throughout the night last night I have just opened another this morning TP is around 100 pips from here. Already covered 347 pip range today, there is much more to come from this yet now IMO. However, this level we are currently at is going to be some trouble if it holds, for how long is anyones guess. But from this short rally, there seems to be plenty steam left in the engine to keep going. I will start to be cautious if this level...
Glad you made those pips back, bro. Good to see ya!
check out my blog: forexmademillionaire dot com
  • #7,188
  • Jun 13, 2013 3:44am Jun 13, 2013 3:44am
Quoting Geppy
{quote} Glad you made those pips back, bro. Good to see ya!
Thanks dude

Gonna let this small one just run now and flip it over when PA tells me to!
To live a successful life, we must lose our fear of being wrong
  • #7,189
  • Jun 13, 2013 4:28am Jun 13, 2013 4:28am
4hr geppy
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"Millionaires don't use astrology, billionaires do"
  • #7,190
  • Jun 13, 2013 5:31am Jun 13, 2013 5:31am
50 FIB has been holding nicely so far. I'm gonna close this final short as soon as I can and wait for a clearer picture
To live a successful life, we must lose our fear of being wrong
  • #7,191
  • Jun 13, 2013 5:38am Jun 13, 2013 5:38am
If it gets above 148.2 the uptrend will resume ... IMHO
  • #7,192
  • Jun 13, 2013 5:39am Jun 13, 2013 5:39am
Buy Orders have been placed!!
To live a successful life, we must lose our fear of being wrong
  • #7,193
  • Jun 13, 2013 5:42am Jun 13, 2013 5:42am
http://www.forexlive.com/blog/2013/0...-room-to-roam/
  • #7,194
  • Jun 13, 2013 5:43am Jun 13, 2013 5:43am
5M through to 1HR is showing signs of support here and MA holding support for the uptrend.
To live a successful life, we must lose our fear of being wrong
  • #7,195
  • Jun 13, 2013 5:46am Jun 13, 2013 5:46am
Quoting EatPIPs
Buy Orders have been placed!!
Can you tell us from where you went long and up to which point ?
  • #7,196
  • Jun 13, 2013 5:46am Jun 13, 2013 5:46am
Its a very strong area here if it does break through this we could see an amazing drop but we are technically still in an overall uptrend and if this holds I would be looking short term to cash in 150.5s wait for a pull back and then back into the 153s
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To live a successful life, we must lose our fear of being wrong
  • #7,197
  • Jun 13, 2013 5:48am Jun 13, 2013 5:48am
Quoting micheal_adly
{quote} Can you tell us from where you went long and up to which point ?
I have just bought a couple at S3 and will load more on at the 50 if it gets back down another 60pips.

Continuing to add on the pulls up to 150.5.

If we drop below 146.9 I will be cutting them loose.
To live a successful life, we must lose our fear of being wrong
  • #7,198
  • Jun 13, 2013 5:54am Jun 13, 2013 5:54am
Quoting EatPIPs
Its a very strong area here if it does break through this we could see an amazing drop but we are technically still in an overall uptrend and if this holds I would be looking short term to cash in 150.5s wait for a pull back and then back into the 153s {image}

Are we REALLY technically still in an uptrend? I have little doubt that the highs will be revisited, but what happens beyond that is very much open to speculation.

My opinion is that new highs or new lows is 50/50 at the moment.
  • #7,199
  • Jun 13, 2013 5:55am Jun 13, 2013 5:55am
Quoting Mpt
{quote} Are we REALLY technically still in an uptrend? I have little doubt that the highs will be revisited, but what happens beyond that is very much open to speculation. My opinion is that new highs or new lows is 50/50 at the moment.
Technically we are based on the daily
To live a successful life, we must lose our fear of being wrong
  • #7,200
  • Jun 13, 2013 5:58am Jun 13, 2013 5:58am
Quoting Mpt
{quote} Are we REALLY technically still in an uptrend? I have little doubt that the highs will be revisited, but what happens beyond that is very much open to speculation. My opinion is that new highs or new lows is 50/50 at the moment.
Im not a master - it is my opinion based on my trading style and the way I view my charts. I do not endorse anyone to agree with me or do what I do.

Just sharing my views based on what I see

50/50 is what we all are

No pun intended
To live a successful life, we must lose our fear of being wrong
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