Geppy's Geppy Thread (GBP/JPY) | Page 373 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

Geppy - Pick the bottom 18 replies

Lets Talk GBP/JPY "the geppy" 156 replies

geppy is "ugly" when ? 14 replies

Geppy outlook 0 replies

Attachments: Geppy's Geppy Thread (GBP/JPY)
Exit Attachments

Geppy's Geppy Thread (GBP/JPY)

  • #7,441
  • Edited 4:16am Jun 26, 2013 4:02am | Edited 4:16am
Quoting Geppy
{quote} What, for a fourth time within this consolidation range? lol If you didn't buy the first three times, I'm not sure what you were waiting for...
Out now boss

got some good pips from short and closed a bad short position , long now waiting to break this range soon
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-h4-trading-point-of.png Size: 43 KB
  • #7,442
  • Edited 5:15am Jun 26, 2013 4:53am | Edited 5:15am
now up?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB
  • #7,443
  • Jun 26, 2013 5:44am Jun 26, 2013 5:44am
Quoting Mrdj
now up? {image}
Soon. It may yet have another move down
  • #7,444
  • Jun 26, 2013 5:52am Jun 26, 2013 5:52am
GJ will go back up now with 151.30 in sights

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-h1-hf-markets-ltd.png Size: 43 KB
do not follow me 99.9999999% of times, rest you can lol
  • #7,445
  • Jun 26, 2013 7:17am Jun 26, 2013 7:17am
Edited my TP to 151.30 and will add more on a pullback
  • #7,446
  • Jun 26, 2013 8:40am Jun 26, 2013 8:40am
this is the first time geppy has had trouble taking off from the 150 mark, bottom range area...has failed numerously to close above 4hr 200ema on its up trips...downtrend all day....is the US sess gonna break this bitch lower??
Attached Image (click to enlarge)
Click to Enlarge Name: trouble.gif Size: 49 KB
  • #7,447
  • Jun 26, 2013 9:14am Jun 26, 2013 9:14am
Even when trading this range, this has to be one of the most boring PAs in a long time !!

Do something!! I've traded it up and down numerous times now but it needs to move dude!!!!
To live a successful life, we must lose our fear of being wrong
  • #7,448
  • Jun 26, 2013 9:35am Jun 26, 2013 9:35am
LOL I agree; though it looks like it is listeining to you now EatPIPS! Finally I see 149
  • #7,449
  • Jun 26, 2013 9:41am Jun 26, 2013 9:41am
This pair is oversold on the 5M though to 4HR charts and yet is failing to go up...

Ive just bought at the current price but am still not totally convinced. I've only been targeting 60-100pip gains on my trades recently buy even that is becoming challenging.
To live a successful life, we must lose our fear of being wrong
  • #7,450
  • Jun 26, 2013 9:44am Jun 26, 2013 9:44am
Quoting EatPIPs
This pair is oversold on the 5M though to 4HR charts and yet is failing to go up... Ive just bought at the current price but am still not totally convinced. I've only been targeting 60-100pip gains on my trades recently buy even that is becoming challenging.

Where is your SL ?
  • #7,451
  • Jun 26, 2013 9:48am Jun 26, 2013 9:48am
Quoting EatPIPs
This pair is oversold on the 5M though to 4HR charts and yet is failing to go up... Ive just bought at the current price but am still not totally convinced. I've only been targeting 60-100pip gains on my trades recently buy even that is becoming challenging.
only!!....its just broke a 5 day range to the downside-steam rolled it....why would it be going up??
  • #7,452
  • Jun 26, 2013 9:51am Jun 26, 2013 9:51am
Quoting ms1
{quote} only!!....its just broke a 5 day range to the downside-steam rolled it....why would it be going up??
Clear Trend Broken !!!
  • #7,453
  • Jun 26, 2013 9:54am Jun 26, 2013 9:54am
Quoting EatPIPs
Even when trading this range, this has to be one of the most boring PAs in a long time !! Do something!! I've traded it up and down numerous times now but it needs to move dude!!!!
Yeah this PA has been torture. Luckily, I'm still unpacking the house after the move and getting settled, then heading out of town for a week on Saturday. So I haven't been trading as much as usual. I'd probably have lost my mind by now if I had.

We're still in a bull flag consolidation in my opinion, although a large one. Who knows though...
check out my blog: forexmademillionaire dot com
  • #7,454
  • Jun 26, 2013 9:56am Jun 26, 2013 9:56am
Quoting ms1
{quote} only!!....its just broke a 5 day range to the downside-steam rolled it....why would it be going up??
Trend broken doesn't mean a thing. Wait for a candle close on the larger time frames before confirming direction.
To live a successful life, we must lose our fear of being wrong
  • #7,455
  • Jun 26, 2013 10:38am Jun 26, 2013 10:38am
this was posted more than 48 hours ago. link to original post: http://www.forexfactory.com/showthre...84#post6773584

theDHT view: mind the trap


if this pair succeeds in breaching and then holding (after test) the downward TL and major fib levels of the entire down swing, then we are on alert for potential change in trend to bullish. otherwise, we look for T1 as the current swing target, followed by a 127 extension or 100% FE of the recent swing. [edit] if we get to T1, we would be looking for a decent bounce, we may consider taking a swing/short term long at this level

In my view, there may be some upside, because the fibo levels are not aligned at this moment... but any upside should be contained within the bull trap zone


chart is for further clarification


Attached Image (click to enlarge)
Click to Enlarge Name: GJ 1597T Mind the Trap.png Size: 110 KB



90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,456
  • Jun 26, 2013 10:45am Jun 26, 2013 10:45am
Quoting theDHT
this was posted more than 48 hours ago. link to original post: http://www.forexfactory.com/showthre...84#post6773584 theDHT view: mind the trap if this pair succeeds in breaching and then holding (after test) the downward TL and major fib levels of the entire down swing, then we are on alert for potential change in trend to bullish. otherwise, we look for T1 as the current swing target, followed by a 127 extension or 100% FE of the recent swing. [edit] if we get to T1, we would be looking for a decent bounce, we may consider...

theDHT view:

we are currently at a potential cycle high for this pair, and upside momentum should be limited.
we would look for lower lows over the next 10 -14 trading days, if the cycle is valid.

more updates later
90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,457
  • Jun 26, 2013 10:56am Jun 26, 2013 10:56am
i Think out next stop is 148.20
  • #7,458
  • Jun 26, 2013 11:53am Jun 26, 2013 11:53am
Been waiting for this cross almost two weeks.

If its going back up and higher it would be by tomorrow
Attached Image
To live a successful life, we must lose our fear of being wrong
  • #7,459
  • Jun 26, 2013 11:57am Jun 26, 2013 11:57am
Quoting EatPIPs
Been waiting for this cross almost two weeks. If its going back up and higher it would be by tomorrow {image}
Whats this indi?
90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,460
  • Edited 7:32pm Jun 26, 2013 6:51pm | Edited 7:32pm
Funny thing is, in the GBP/J...mid term chart we have an expanded flat goin'. And then the short term has a triple three.....both have a lower target.....doesn't make sense to me but.....

...
so now do we have to wait a long time for the 163.xx and above? Only the drops, or sells, are fast, long term. Talking to myself there for a minute, sorry. 4H says the price will reverse to longs. ..time enough for wiggle room in there
2 traders viewing now