if GBP couldn't break the upside, it may go down from now ?
there are tiny boobs in the chart though
there are tiny boobs in the chart though
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
Geppy - Pick the bottom 18 replies
Lets Talk GBP/JPY "the geppy" 156 replies
geppy is "ugly" when ? 14 replies
Geppy outlook 0 replies
Dislikedif GBP couldn't break the upside, it may go down from now ? there are tiny boobs in the chart though {image}Ignored
Disliked{quote} First trade: I was waiting for the break of 168.40. Price went up and I set BuyLimit at 168.40 with SL at 167.99 and price hit my SL. Second trade: I was waiting for the break of 169.80. Price went up and I set BuyLimit at 169.80 with SL at 169.35 and price hit my SL. Was such trades OK or not?Ignored
DislikedGood day traders. Back to GBP/JPY. Added a pending sell @ 170,400. Stops placed @ 170,750. Wish all a profitable day!Ignored
DislikedGJ is a big mover, so you need to put a long SL if you want to trade in this pair. It can make you a fortune and break you as well, depends whether you want to risk that much. Its a DRAGON and it always difficult to tame one, you need big heart and a big rope to get on it!Ignored
DislikedThere is no longer any surety that it will break higher. Whereas most folks were expecting a new high, it comes down to where it breaks out from the red lined double triangle. {image} The lines may not be in the exact positions, but are probably close enough.Ignored
Disliked{quote} agreed, it's at that awkward level where if you're not in you know you missed the best entry point, ( today) and if you are you're wondering whether to hold or break. H4 is showing the price sandwiched between the 200 ema and sma, with MACD already tipping over, but the Daily for me is looking pretty bullish up to perhaps 17,228 having turned from looking really bearish last week, and just look at last week's candle on the weekly chart. The monthly saw the rejection just above the 200ema, but it looks as though it may challenge that again...Ignored
Disliked{quote} It's a topping pattern (or a continuation pattern) and direction is set by which way it breaks out. It doesn't care which TF is oversold or whatever - it simply sets the course. You trade it like a regular triangle - it breaks, retests then off it goes. Sometimes it retests twice. I think it will turn down, as there's heaps of solid resistance, but the technical support underneath it will run out next week. At this time, it may only have a target of 168 or 167 ish.Ignored
Disliked{quote} Believe me there is logic, all over the chart. Are you stillshort[long]? You might get lucky. You are already down several 100 pips so hold it until 171.10/70.90. We might get a bottom @ 164.60/40. Below it there is no guarantee. Since you are in pain, get a reward from it. {image}Ignored
Disliked{quote} Liquidity decreasing. Missed my target by 40 Pips this week. Im going to bail out @ 170.40. Long @ 165.15 liquidated @ 170.40 ; +525 Long @ 166.25 liquidated @ 170.40 ; +415 Long @ 167.30 liquidated @ 170.40 ; +310 Long @ 168.85 liquidated @ 170.40 ; +155 Done for the week. Im out. Nice weekend all.Ignored