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Geppy's Geppy Thread (GBP/JPY)

  • #9,721
  • Nov 28, 2013 9:11pm Nov 28, 2013 9:11pm
39 hrs ago
Quoting Fx-gtg
sell 166.10
another short 167.80 and also gbpnzd 2.0200 and eurnzd 1.6808
  • #9,722
  • Nov 28, 2013 9:15pm Nov 28, 2013 9:15pm
Quoting Fx-gtg
39 hrs ago {quote} another short 167.80 and also gbpnzd 2.0200 and eurnzd 1.6808
why are you shorting when gbp is moving so strong.. you should make trend as your friend until it bends!
  • #9,723
  • Nov 28, 2013 9:24pm Nov 28, 2013 9:24pm
Quoting smash1820
Folks, GBP/JPY is going back to 251. Been saying this for a while now ever since 140. And it'll probably take G/U and U/J with it. Let's trade it well.

Thats very true. GBP/JPY has been trending up very well. Still has lots of upside potential though. 251 is a little extreme, 210-214 might be a safer target to start scaling out IMO.
  • #9,724
  • Nov 28, 2013 10:17pm Nov 28, 2013 10:17pm
Quoting smash1820
Folks, GBP/JPY is going back to 251. Been saying this for a while now ever since 140. And it'll probably take G/U and U/J with it. Let's trade it well.

lol....smash are you shorting it now???
  • #9,725
  • Nov 28, 2013 10:34pm Nov 28, 2013 10:34pm
There may now be ONE more move to test and (presumably) fail 168.2.

Thereafter, it has to break below its rising TL and then pass a retest before it can be viewed as bearish.
  • #9,726
  • Nov 28, 2013 10:39pm Nov 28, 2013 10:39pm
A lot of people expect a correction at the end of a week and month, let's see what will happen.......
Face both Win and Lose bravely
  • #9,727
  • Nov 28, 2013 10:59pm Nov 28, 2013 10:59pm
hmmm lets see ... if this beast goona stop and make a correction today.... till now its seems that the reversal is setting up .....
  • #9,728
  • Nov 28, 2013 11:04pm Nov 28, 2013 11:04pm
at least gu 250 pips and gj 200 pips
rsi (14) overboght in level 83 daily.
today full correction. Maybe any gap down.cheerrrsss
  • #9,729
  • Nov 28, 2013 11:04pm Nov 28, 2013 11:04pm
tweezers formation in 4h taking place ....
  • #9,730
  • Nov 29, 2013 12:43am Nov 29, 2013 12:43am
Quoting ninner
lol....smash are you shorting it now???
Nope, not at all. My bias is, has been, and will always be to the upside.
Please check out my blog at https://from-zero-to-hero . net
  • #9,731
  • Nov 29, 2013 12:56am Nov 29, 2013 12:56am
Still not sure. I think I want to see more downside and the daily candle turning down. It may still just be a retrace. Ps. Never have a bias. Always doubt.
  • #9,732
  • Nov 29, 2013 1:02am Nov 29, 2013 1:02am
Quoting smash1820
{quote} Nope, not at all. My bias is, has been, and will always be to the upside.
That said, although we are still in a strong uptrend, you've got to look at where we are now with regard to the long term charts, and the monthly is showing a full positive candle that is now up against the monthly 100sma. Now it may well break through this with the next major resistance coming in at 17,200. but we have moved a long way above the Daily 200ema, so I would say that a pullback is a very real possibility and I'll be looking to go short either today or Monday.
  • #9,733
  • Nov 29, 2013 1:15am Nov 29, 2013 1:15am
Quoting Mpt
There may now be ONE more move to test and (presumably) fail 168.2. Thereafter, it has to break below its rising TL and then pass a retest before it can be viewed as bearish.
What is the rising TL?
  • #9,734
  • Nov 29, 2013 1:18am Nov 29, 2013 1:18am
I think this will be at 170 before any profit taking
  • #9,735
  • Nov 29, 2013 1:23am Nov 29, 2013 1:23am
Quoting Nobleactor
{quote} What is the rising TL?
It retested it around 167.36
  • #9,736
  • Nov 29, 2013 1:26am Nov 29, 2013 1:26am
Quoting Mpt
{quote} It retested it around 167.36
Ok, it is below it now. What do you think?
  • #9,737
  • Nov 29, 2013 1:36am Nov 29, 2013 1:36am
Quoting Nobleactor
{quote} Ok, it is below it now. What do you think?
If it can get past 166.6, there should be bounce around 166, maybe to the top.

If it can get past 166, you can call time of death. 166.6 is the 4hr gann.
  • #9,738
  • Nov 29, 2013 1:37am Nov 29, 2013 1:37am
I prefer the next bottom is 160.
  • #9,739
  • Nov 29, 2013 1:51am Nov 29, 2013 1:51am
160 it's unreal no?
  • #9,740
  • Nov 29, 2013 1:52am Nov 29, 2013 1:52am
Quoting Mpt
{quote} If it can get past 166.6, there should be bounce around 166, maybe to the top. If it can get past 166, you can call time of death. 166.6 is the 4hr gann.
Ok , nice one
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