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Geppy's Geppy Thread (GBP/JPY)

  • #10,681
  • Feb 7, 2014 7:11am Feb 7, 2014 7:11am
Quoting Mpt
OK, 38.2 was hit, 167 hit. Time to start rolling over.
100% FE extension off last 2 low swings also
  • #10,682
  • Feb 7, 2014 7:11am Feb 7, 2014 7:11am
Quoting edindzeko
{quote} The candles at this point can be misleading imho, its been no volume and sideways for a while...
With NY session and Lon session traders on , this is by far the most liquid time in Fx . Of course other than news...depends on your risk anyway. Im going to use smaller lot size as I want more room for SL
  • #10,683
  • Feb 7, 2014 7:13am Feb 7, 2014 7:13am
Quoting Greener
{quote} so confusing. why is it coming down now? what's going on?
gotcha. some buying EUR/GBP
  • #10,684
  • Feb 7, 2014 7:14am Feb 7, 2014 7:14am
Quoting Greener
{quote} so confusing. why is it coming down now? what's going on?
Because the down trend has yet to complete before it can go up.

the 38.2 retracement area is the ideal place for that to start - assuming that is its intention.
  • #10,685
  • Feb 7, 2014 7:18am Feb 7, 2014 7:18am
No trade for me, closing platform till after the news events, cant force a trade when it isnt there. Cheers and good luck
  • #10,686
  • Feb 7, 2014 7:26am Feb 7, 2014 7:26am
Million Dollar Question:

Guess where retails are long and short, if you see it, you know the direction

Its showtime T-2Minutes
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  • #10,687
  • Feb 7, 2014 7:40am Feb 7, 2014 7:40am
No love lost, Unless you had like an 80 pip SL you would have been stopped out in that whip saw.
  • #10,688
  • Feb 7, 2014 7:47am Feb 7, 2014 7:47am
Quoting IveGotQuads
No love lost, Unless you had like an 80 pip SL you would have been stopped out in that whip saw.
No comment
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  • #10,689
  • Feb 7, 2014 7:56am Feb 7, 2014 7:56am
Quoting FX-Ray
{quote} No comment {image}
Cant make out your charts or what you are trying to say you've been in the market since the spike yesterday and adding more to your profits ? If so grats on your pips
  • #10,690
  • Feb 7, 2014 8:32am Feb 7, 2014 8:32am
The bulls are back in town !!
  • #10,691
  • Feb 7, 2014 8:33am Feb 7, 2014 8:33am
Quoting IveGotQuads
{quote} Cant make out your charts or what you are trying to say you've been in the market since the spike yesterday and adding more to your profits ? If so grats on your pips
Pictures say more than words, all answers are already posted. There is nothing so say.
  • #10,692
  • Feb 7, 2014 8:34am Feb 7, 2014 8:34am
Quoting EatPIPs
{quote} {quote} Its time to buy boys!
Clearing the 38.2 today could potentially get us to 170+ again next week.
To live a successful life, we must lose our fear of being wrong
  • #10,693
  • Feb 7, 2014 8:34am Feb 7, 2014 8:34am
Quoting EatPIPs
{quote} Clearing the 38.2 today could potentially get us to 170+ again next week.
Failing that however then 163.
To live a successful life, we must lose our fear of being wrong
  • #10,694
  • Feb 7, 2014 8:38am Feb 7, 2014 8:38am
Quoting greener
{quote} so confusing. Why is it coming down now? What's going on?
it was just a simple whip saw
  • #10,695
  • Feb 7, 2014 8:43am Feb 7, 2014 8:43am
Quoting cblack
The bulls are back in town !!
yeah looking at the 4hr charts one can see bears lying in their blood accross the board on the X/Jpy In any event I dodged couple of bullets this week . Unfortunately this is a very boring thread with traders scared to be wrong.
  • #10,696
  • Feb 7, 2014 8:45am Feb 7, 2014 8:45am
Quoting FX-Ray
{quote} Pictures say more than words, all answers are already posted. There is nothing so say.
yes, after the fact ... It would hold more weight if it was before events . Hindsight is always 20/20. Anyway goodluck
  • #10,697
  • Edited 9:01am Feb 7, 2014 8:45am | Edited 9:01am
SL was removed in time...those silly Market Makers! Folks, the only thing I can say is if you do not understand why and where whipshaw will possibly occur, then you need to keep studying on demo. There's a reason whipshaws occur asides from killing off retail traders; there is a point to it. If you understand that, you are golden 1%. Perseverance pays off.
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Management of drawdown is true skill to trading.
  • #10,698
  • Feb 7, 2014 8:51am Feb 7, 2014 8:51am
Quoting IveGotQuads
{quote} yes, after the fact ... It would hold more weight if it was before events . Hindsight is always 20/20. Anyway goodluck
After the fact, ye right dude
Dont get mad at me because of your performance. Last week called the bottom and the High, this week the bottom, I havent seen anything alike until now, since none of you is worth the information I share here, for FREE. I love when ppl talk to me like Im some noob and to be honest I really dont give a fk what anyone here thinks about me, I know what Im doing, do you?
  • #10,699
  • Feb 7, 2014 8:53am Feb 7, 2014 8:53am
Quoting FX-Ray
{quote} After the fact, ye right dude Dont get mad at be bacause of your performance. Last week called the bottom and the High, this week the bottom, I havent seen anything alike until now, since none of you is worth the information I share here. I love when ppl talk to me like Im some noob.
Yep, I'm impressed. Thoughts going forward?
  • #10,700
  • Feb 7, 2014 8:58am Feb 7, 2014 8:58am
Quoting FX-Ray
{quote} After the fact, ye right dude Dont get mad at me because of your performance. Last week called the bottom and the High, this week the bottom, I havent seen anything alike until now, since none of you is worth the information I share here, for FREE. I love when ppl talk to me like Im some noob and to be honest I really dont give a fk what anyone here thinks about me, I know what Im doing, do you?
Just tone it down a bit dude.
To live a successful life, we must lose our fear of being wrong
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