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Geppy's Geppy Thread (GBP/JPY)

  • #9,581
  • Nov 22, 2013 3:33am Nov 22, 2013 3:33am
Sometimes, the last and final move ends with a small spike to new highs. Of course, I am being presumptuous here. It may yet be in a bullish triangle (again)
  • #9,582
  • Nov 22, 2013 4:49am Nov 22, 2013 4:49am
love this pair. especially fridays.
selling 16410
  • #9,583
  • Nov 22, 2013 4:51am Nov 22, 2013 4:51am
holding some shorts on this pair
Forex Learner
  • #9,584
  • Nov 22, 2013 5:22am Nov 22, 2013 5:22am
Quoting Fx-gtg
love this pair. especially fridays. selling 16410
and out +30 pips 16380
  • #9,585
  • Nov 22, 2013 5:51am Nov 22, 2013 5:51am
Quoting Fx-gtg
{quote} and out +30 pips 16380
they short AU, NU, GU and EU so I still stay short GJ and EJ. buy on deep sell on top
  • #9,586
  • Nov 22, 2013 6:15am Nov 22, 2013 6:15am
Quoting khol_hands
{quote} they short AU, NU, GU and EU so I still stay short GJ and EJ. buy on deep sell on top
target profit in $ met. Been scalping on others pairs as well. AU was a great trade down as I said in its thread 7 ours ago
  • #9,587
  • Nov 22, 2013 6:40am Nov 22, 2013 6:40am
Quoting Fx-gtg
{quote} target profit in $ met. Been scalping on others pairs as well. AU was a great trade down as I said in its thread 7 ours ago
ya we scalp too but Im in EJ (only scalp short)
  • #9,588
  • Nov 22, 2013 9:21am Nov 22, 2013 9:21am
bulls you win
bye bye bye 158...:nerd:
good night all
  • #9,589
  • Nov 22, 2013 9:28am Nov 22, 2013 9:28am
Quoting khol_hands
bulls you win bye bye bye 158...:nerd: good night all
thats why I took profit. Better opportunities ahead
  • #9,590
  • Nov 22, 2013 9:35am Nov 22, 2013 9:35am
Quoting Fx-gtg
{quote} thats why I took profit. Better opportunities ahead
I love this thread and I never stop to learn here.
trade well
  • #9,591
  • Nov 22, 2013 10:46am Nov 22, 2013 10:46am
Quoting khol_hands
{quote} I love this thread and I never stop to learn here. trade well
Yes...this thread is cool. I needed a good " ideas and input " forum to read way back when, but there weren't any to be had. Special instrument we trade here.....so that makes the thread important for all the different types of traders and experience levels.....( TIME IN THE SEAT , baby )
  • #9,592
  • Nov 22, 2013 2:47pm Nov 22, 2013 2:47pm
The small move up from 163.5 appears to have taken the form of a rising wedge. It could be argued that the wedge ended a few minutes before the markets closed.
  • #9,593
  • Nov 22, 2013 7:07pm Nov 22, 2013 7:07pm
the yen crosses are trending now...ie....the GBPJPY..looks to me is headed to the 168 to 169 area for the moment...definately a nice trend......
  • #9,594
  • Nov 22, 2013 8:52pm Nov 22, 2013 8:52pm
anyone have an opinion about sentiments?
  • #9,595
  • Edited Nov 23, 2013 12:05am Nov 22, 2013 10:21pm | Edited Nov 23, 2013 12:05am
If the many and various trend lines that converge in this area hold, then GJ falls - maybe for a medium correction, or maybe a significant one. If one trend line breaks, they all break - and then this area probably becomes major support into the future.

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  • #9,596
  • Nov 23, 2013 6:51am Nov 23, 2013 6:51am
King Negative divergency nearly all TF
m15

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m30

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h1

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h4

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d1

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W

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  • #9,597
  • Nov 23, 2013 4:04pm Nov 23, 2013 4:04pm
Yeah, but if it breaks much over 165, it can then address daily and weekly divergence in a very long consolidation pattern higher up.
  • #9,598
  • Nov 24, 2013 9:17am Nov 24, 2013 9:17am
Quoting counterpoint
anyone have an opinion about sentiments?

these pairs are going higher..they are abit overbought short term but longer term its going higher..ride the trend while its here
  • #9,599
  • Nov 24, 2013 9:55am Nov 24, 2013 9:55am
All charts aside, the BoJ is still injecting a global record of QE, announced in their monthly report, attempting to end decades of deflation. Recent good data out of the UK has helped the pair this week. In addition to this, the Japan's Government Pension Investment Fund (largest pension fund in the world) this week stated the need to diversify more in to domestic equities than low-yielding government bonds, not helping to support the Yen, traders positioning off this sent it lower.
  • #9,600
  • Nov 24, 2013 10:13am Nov 24, 2013 10:13am
Hello, gap down on the open?

http://www.fxstreet.com/news/fxbeat/...e1b#mc-3528044
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