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Geppy's Geppy Thread (GBP/JPY)

  • #9,981
  • Dec 18, 2013 5:23am Dec 18, 2013 5:23am
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  • #9,982
  • Dec 18, 2013 5:32am Dec 18, 2013 5:32am
on what chart may i ask?
  • #9,983
  • Dec 18, 2013 5:41am Dec 18, 2013 5:41am
Quoting Jrshin
on what chart may i ask?
GBP/JPY 1 hr
  • #9,984
  • Dec 18, 2013 6:12am Dec 18, 2013 6:12am
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  • #9,985
  • Dec 18, 2013 6:14am Dec 18, 2013 6:14am
Go long, it will break the 170 level.
Face both Win and Lose bravely
  • #9,986
  • Dec 18, 2013 6:51am Dec 18, 2013 6:51am
Quoting Cowboy11
Go long, it will break the 170 level.
I dun think so.. might reach 169.2 before it start to fail again..
  • #9,987
  • Dec 18, 2013 8:21am Dec 18, 2013 8:21am
That's right....the fomc coming out today is one big thing....but the end of the year reversal is in scope now.....usually on the last day of December, one time it waited till January 15th.
  • #9,988
  • Dec 18, 2013 8:32am Dec 18, 2013 8:32am
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  • #9,989
  • Dec 18, 2013 9:13am Dec 18, 2013 9:13am
Hey dudes,

I'm short at 169. Missed this price twice now so got it while I could. Looking to ride it back down 166-165 into 2014.
To live a successful life, we must lose our fear of being wrong
  • #9,990
  • Dec 18, 2013 3:29pm Dec 18, 2013 3:29pm
My floating pips and profit
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  • #9,991
  • Dec 18, 2013 3:29pm Dec 18, 2013 3:29pm
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  • #9,992
  • Dec 18, 2013 3:35pm Dec 18, 2013 3:35pm
171 hit.i think some retrace is imminent now.
  • #9,993
  • Edited 6:03pm Dec 18, 2013 5:13pm | Edited 6:03pm
Quoting funwith4ex
171 hit.i think some retrace is imminent now.
Yes...I wonder how much....maybe only one or two dips back down into the 160's ~~I'm all tired of that level...
  • #9,994
  • Dec 18, 2013 6:20pm Dec 18, 2013 6:20pm
Quoting Gbp/jpy
{quote} Yes...I wonder how much....maybe only one or two dips back down into the 160's ~~I'm all tired of that level...

sir, how do u get the 168.57 number to long at in previous page?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #9,995
  • Dec 18, 2013 6:23pm Dec 18, 2013 6:23pm
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  • #9,996
  • Edited 6:51pm Dec 18, 2013 6:40pm | Edited 6:51pm
Do not be surprised to see a VERY shallow pullback. Once it breaks 171, next resistance is 172, 173.5 ish then possibly 174.

If it takes the path of breaking up higher, in a pullback 171, 170 169 should provide support
  • #9,997
  • Dec 18, 2013 6:51pm Dec 18, 2013 6:51pm
Quoting Mpt
Do not be surprised to see a VERY shallow pullback. Once it breaks 171, next resistance is 172, 173.5 ish then possibly 174. It is takes the path of breaking up higher, in a pullback 171, 170 169 should provide support
Right on
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  • #9,998
  • Dec 18, 2013 7:22pm Dec 18, 2013 7:22pm
Quoting ud1nh0
{quote} sir, how do u get the 168.57 number to long at in previous page?
One could say dumb luck....I always buy when the ask price goes through xxx.49....dumb luck. I was gonna explain on that post but....
Yessir , I was thinkin about ya!
  • #9,999
  • Dec 18, 2013 7:38pm Dec 18, 2013 7:38pm
Quoting Gbp/jpy
{quote} One could say dumb luck....I always buy when the ask price goes through xxx.49....dumb luck. I was gonna explain on that post but.... Yessir , I was thinkin about ya!

but how to decide the right xxx ?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #10,000
  • Dec 18, 2013 8:10pm Dec 18, 2013 8:10pm
Quoting ud1nh0
but how to decide the right xxx ?
correct me if i'm wrong, but i think Gbp/jpy is talking about "sticky" levels...

you know, xx.33, xx.49, xx.75, xx.95, and all the 0.25, 0.10, and 0.05 increments/multiples thereof.

for example, 169.00, 169.05, 169.10, 169.25, 169.33, 169.50 (+/- several pips), 169.75, 169.95, 170, etc., are all levels whether they are marked or not.

the more confluence between the levels, the more significant the level. for example, the xx.00 levels are always big because it is the intersection of the 0.50, 0.25, 0.10, and 0.05 stickies.

you need to watch how price acts at these levels.

the stickies apply to all integer levels (168, 169, 170, and so on) and are the most natural form of pivot points and/or s&r that exist imo.
Please check out my blog at https://from-zero-to-hero . net
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