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Geppy's Geppy Thread (GBP/JPY)

  • #9,481
  • Nov 20, 2013 2:44pm Nov 20, 2013 2:44pm
Quoting netera
I am following this thread for quite long time ! Geppy is always against the crowd , and unfortunately he is ALWAYS right !
Hahaha, I'm definitely not always against the crowd NOR always right.
check out my blog: forexmademillionaire dot com
  • #9,482
  • Nov 20, 2013 3:22pm Nov 20, 2013 3:22pm
anyone here using mt4 and have near complete historical daily/weekly candle of Gbp/jpy in mt4 supported format?
can i have one?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #9,483
  • Edited 4:19pm Nov 20, 2013 3:58pm | Edited 4:19pm
IF it can break over 161.5, then only fall back to around 161.35 and hold, we may have a bullish triangle. Targets (just using triangle theory) approx 162.2 and 163.

If it can't get back over that level, or hold on a pullback, then it's entering a downtrend to at least 160 and maybe a lot further.
  • #9,484
  • Nov 20, 2013 4:35pm Nov 20, 2013 4:35pm
Quoting Mpt
IF it can break over 161.5, then only fall back to around 161.35 and hold, we may have a bullish triangle. Targets (just using triangle theory) approx 162.2 and 163. If it can't get back over that level, or hold on a pullback, then it's entering a downtrend to at least 160 and maybe a lot further.
Thanks Mpt, good input for us....now I'll go read-up on bullish triangles.....
  • #9,485
  • Nov 20, 2013 4:46pm Nov 20, 2013 4:46pm
Quoting Gbp/jpy
{quote} Thanks Mpt, good input for us....now I'll go read-up on bullish triangles.....
The fallback half way back into the triangle doesn't always happen, but is common.
  • #9,486
  • Nov 20, 2013 5:04pm Nov 20, 2013 5:04pm
Quoting Mpt
{quote} The fallback half way back into the triangle doesn't always happen, but is common.
If it falls back too far, you're looking at the last upside before, possibly, a downtrend gets underway and it just looked like a triangle.
  • #9,487
  • Nov 20, 2013 5:27pm Nov 20, 2013 5:27pm
Large buy stops above this week’s highs at 161.80
  • #9,488
  • Edited 6:05pm Nov 20, 2013 5:52pm | Edited 6:05pm
i think more larger above 162.03
now i look at the chart. theres a significant line on 147 and 178...
163, only found some reaction after drop
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #9,489
  • Nov 20, 2013 7:45pm Nov 20, 2013 7:45pm
This is, in my opinion, the moment where it's decided that UJ was in a bullish triangle or completing an ultimately bearish consolidation.
  • #9,490
  • Nov 20, 2013 7:57pm Nov 20, 2013 7:57pm
folks...at the moment price is still holding up very welll....its a bullish chart
  • #9,491
  • Nov 20, 2013 8:02pm Nov 20, 2013 8:02pm
sorry this is offtopic but a short setup in the AUDCAD is setting up nicely as its breaking out of a triangle formation
  • #9,492
  • Nov 20, 2013 8:48pm Nov 20, 2013 8:48pm
then buy gj and selll audcad as u see fit with ur setup
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #9,493
  • Nov 20, 2013 9:20pm Nov 20, 2013 9:20pm
May I just say, Bull sh cough cough In any way, it is going to burst...
  • #9,494
  • Nov 20, 2013 9:50pm Nov 20, 2013 9:50pm
I admit that it looks like it wants to fall over and die. Maybe if breaks over 161.7 it will come alive. IF.
  • #9,495
  • Nov 20, 2013 10:08pm Nov 20, 2013 10:08pm
Quoting IndigoPingvi
May I just say, Bull sh cough cough In any way, it is going to burst...

lol and we have lift off
  • #9,496
  • Nov 20, 2013 10:13pm Nov 20, 2013 10:13pm
put buy at 165 will be safe i guess.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #9,497
  • Nov 20, 2013 10:23pm Nov 20, 2013 10:23pm
Hello, 162.
Please check out my blog at https://from-zero-to-hero . net
  • #9,498
  • Nov 20, 2013 11:23pm Nov 20, 2013 11:23pm
Quoting smash1820
Hello, 162.
162 seems to be holding.....
  • #9,499
  • Nov 20, 2013 11:27pm Nov 20, 2013 11:27pm
TP at “hello” with 520 pips
now short “hello” to 155.00
  • #9,500
  • Nov 20, 2013 11:28pm Nov 20, 2013 11:28pm
i thought everyone didn't like abenomic?
wheres that 147 buyer TP and SL?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
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