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Geppy's Geppy Thread (GBP/JPY)

  • #7,321
  • Jun 19, 2013 6:29pm Jun 19, 2013 6:29pm
Quoting Gbp/jpy
So now we get one day to set our risk-on position.. .. it's a re-set in asia and europe...then square business once new york starts their engines tomorrow. Risk on means upwards for theG/J.
mindful of 150 area if it makes it back up there...is being defended heavily
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  • #7,322
  • Jun 19, 2013 7:16pm Jun 19, 2013 7:16pm
150.3 was very big resistance. I think the downtrend may resume - if 148.9, 148.5 and then 148.1 give way.
  • #7,323
  • Jun 19, 2013 9:37pm Jun 19, 2013 9:37pm
Then again, today is starting to like like yesterday .. and the day before ... and the day before that. 149 seems to be holding well for now.
  • #7,324
  • Jun 20, 2013 2:22am Jun 20, 2013 2:22am
Hey dudes

So I closed all my "big lot" longs in the last hour and have left a couple of smaller ones open. Compared to the last few days the DR has been very crap but today already hit the 200 mark.

PA is starting to look much better and DP has been taken also.

23.6 FIB is the next area of resistance I can see holding but if that breaks then back into the 156s.

MAs are looking good right about now also 1HR 4HR and Daily.

I'm going to be adding longs on pullbacks until see solid resistance. Probably will take all out at 23.6
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To live a successful life, we must lose our fear of being wrong
  • #7,325
  • Jun 20, 2013 3:27am Jun 20, 2013 3:27am
All topside resistance has been taken out for the eventual move up.. We SHOULD be about to shortly begin the final move down to the 146 bounce area.
  • #7,326
  • Jun 20, 2013 3:42am Jun 20, 2013 3:42am
Pending short @ 151.89

May well not get that high though...
  • #7,327
  • Jun 20, 2013 3:44am Jun 20, 2013 3:44am
Quoting Mpt
All topside resistance has been taken out for the eventual move up.. We SHOULD be about to shortly begin the final move down to the 146 bounce area.
Very possible but I would be looking at the next 2 4HR upcoming candles for direction.

We are clearly resuming an uptrend - the 50 was not able to be taken out after a number of attempts.
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To live a successful life, we must lose our fear of being wrong
  • #7,328
  • Jun 20, 2013 10:22am Jun 20, 2013 10:22am
Quoting EatPIPs
{quote} Very possible but I would be looking at the next 2 4HR upcoming candles for direction. We are clearly resuming an uptrend - the 50 was not able to be taken out after a number of attempts. {image}
I'm with ya, dude.

I caught last night's move with a TP of 151.30 Coulda got more, but it happened in my sleep, so can't complain. Plus I got about 150 pips out of the move.

I'll be looking to buy pullbacks too, and I think we're due for a little one. I've taken a small short which I feel is now against the trend. Hopefully we'll get a buying opportunity tonight.
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  • #7,329
  • Jun 20, 2013 11:09am Jun 20, 2013 11:09am
Quoting Geppy
{quote} I'm with ya, dude. I caught last night's move with a TP of 151.30 Coulda got more, but it happened in my sleep, so can't complain. Plus I got about 150 pips out of the move. I'll be looking to buy pullbacks too, and I think we're due for a little one. I've taken a small short which I feel is now against the trend. Hopefully we'll get a buying opportunity tonight. {image}
Hey dude

Bit of a busy chart attached ha ha but I just closed out of all my longs to take a couple shorts here. We've reached back to the bottom TL of a previous channel from the last fortnight so if there is going to be a pullback, I see it coming here OR at the 23.6.

Will monitor PA over the next few hours but ideally want to close the shorts before tonight and reload on the longs if it goes the way I can see it going!

Only looking to bank 50ish pips on each of my short trades at this price.
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  • #7,330
  • Jun 20, 2013 11:42am Jun 20, 2013 11:42am
Quoting EatPIPs
{quote} Hey dude Bit of a busy chart attached ha ha but I just closed out of all my longs to take a couple shorts here. We've reached back to the bottom TL of a previous channel from the last fortnight so if there is going to be a pullback, I see it coming here OR at the 23.6. Will monitor PA over the next few hours but ideally want to close the shorts before tonight and reload on the longs if it goes the way I can see it going! Only looking to bank 50ish pips on each of my short trades at this price. {image}
Sounds like we're both doing the same thing. GL to us! haha
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  • #7,331
  • Jun 20, 2013 11:47am Jun 20, 2013 11:47am
Quoting Geppy
{quote} Sounds like we're both doing the same thing. GL to us! haha
Yep TP set for +80
To live a successful life, we must lose our fear of being wrong
  • #7,332
  • Jun 20, 2013 2:09pm Jun 20, 2013 2:09pm
Smashed through my TPs

I'm locked and loaded on my longs now. Glad it hit the TP tonight as I wanted to open my longs before end of play today!

See y'all tomorrow morning
To live a successful life, we must lose our fear of being wrong
  • #7,333
  • Jun 20, 2013 2:41pm Jun 20, 2013 2:41pm
Quoting Geppy
{quote} I'm with ya, dude. I caught last night's move with a TP of 151.30 Coulda got more, but it happened in my sleep, so can't complain. Plus I got about 150 pips out of the move. I'll be looking to buy pullbacks too, and I think we're due for a little one. I've taken a small short which I feel is now against the trend. Hopefully we'll get a buying opportunity tonight. {image}
Hit target a bit ago... now waiting to buy.
check out my blog: forexmademillionaire dot com
  • #7,334
  • Jun 20, 2013 2:44pm Jun 20, 2013 2:44pm
Quoting EatPIPs
Smashed through my TPs I'm locked and loaded on my longs now. Glad it hit the TP tonight as I wanted to open my longs before end of play today! See y'all tomorrow morning
I think we may go a bit lower yet, I was just keeping a conservative TP at 150.70 and hoping to buy in the .20s and .30s
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  • #7,335
  • Jun 20, 2013 3:09pm Jun 20, 2013 3:09pm
Quoting Geppy
{quote} I think we may go a bit lower yet, I was just keeping a conservative TP at 150.70 and hoping to buy in the .20s and .30s
Yes agreed. But im all in on my longs now will add on pullbacks like always
To live a successful life, we must lose our fear of being wrong
  • #7,336
  • Jun 20, 2013 4:13pm Jun 20, 2013 4:13pm
Quoting EatPIPs
{quote} Yes agreed. But im all in on my longs now will add on pullbacks like always
Sounds good, dude. Maybe we'll finally crack that 157 nut in the coming weeks!
check out my blog: forexmademillionaire dot com
  • #7,337
  • Jun 20, 2013 4:27pm Jun 20, 2013 4:27pm
my first trade here. go easy guys
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  • #7,338
  • Jun 20, 2013 7:18pm Jun 20, 2013 7:18pm
If we can get back above about 151.2 or so it's a long to 152. It it can't get back over 151.2, it falls to wherever support is.
  • #7,339
  • Jun 20, 2013 7:19pm Jun 20, 2013 7:19pm
I started buying earlier than I'd anticipated as PA is starting to feel like it's basing out a bit.

In initially at 150.50 with two positions, looking to buy more, and targeting 153.00 which is the 61.8% fibo of the most recent down move.
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  • #7,340
  • Jun 20, 2013 8:59pm Jun 20, 2013 8:59pm
Looking at 148.68
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