Geppy's Geppy Thread (GBP/JPY)

Quoting caldera

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This can easily go as low as 167.5. I would not go long unless there is confirmation to go long. {image}

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Quoting mercy seat

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Good morning fellow traders! Buon giorno! Guten Morgen! Bonjour! Moin! ;-|

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Quoting mercy seat

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{quote} GBP/JPY : Currently it is set to slide a few steps further ... {image} ... And we are using this opportunity ... This way ... and by a few extra procedures ... manually ones ... ;-|

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Quoting mercy seat

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{quote} GBP/JPY : In other words ... currently this pair is in bear territory ... but I'm still willing to buy something here ... for a possible corrective move to the upside ... At the present stage my avg BE for all long positions in total is @ 168.7147 ... Prevailing trend on an hourly basis has been a neutralised one ... daily trend is down ... weekly trend is sideways (with mild negative note) ... And at the present stage I am willing to try it this way as long as 168.11 has not been broken with a clean...

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Quoting Temujin

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So where are all the GBP/JPY bulls now? Where are all the doubters on the Crimea referendum risk event? Oh Break even btw on GBP/CHF, it sucks.

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Quoting Temujin

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Friends and fellow traders you know I've been bearish on this pair for the last week at least. We are approaching the very significant level of 168.50 on the Daily chart. The reason for this is because it's the 90 period simple moving average. What we are searching for now is an enormous relief rally. We need something in the news. Somehow there must be a way for Putin to reverse this mad course of action without losing face. We had the show of force and the willingness of the people in Crimea to have the country split in two. Clearly the EU and...

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Quoting giahung4ever

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please help me !!!!!!!! how to process please !!! {image}

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Quoting eNjoyPips

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{quote} Late post. 171.2 minor resistance rejected. Price currently back at 170.5/7 levels again. With Europe open, this pair could retest recent low at 170.1/2 again. For Shorts: Immediate target 170, followed by 169.6, 169.2, 168.8. For Longs: If 170.5 holds, 171.2, 172/172.2, 172.8/173. Add: Being Thursday, things would get tricky prior to US open. If shorts prevail in Europe open, there might be a bounce in US open. Lets see GMT 1200-1400.

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Quoting eNjoyPips

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{quote} My last post for this week. I will be placing longs from 170.8, 170.1, 169.2. TP: 172.6 & 173.55 Reason: 1) 170.8: A lot of resistance (170.8-171) if you see 4 hour chart, especially for month of Feb. 2) 170.1: Ichimoku cloud for 4 hour (yes I use ichimoku and it is very helpful when trading this pair) 3) 169.2: I believe it would not reach till this point, but if it does, it would be mainly due to previous swing low. Targets 172.6 reason: gap trading, I'm sure it would hit this point some time late this week. Target 173.55...

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Quoting Temujin

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Watching for a big spike upward on improving sentiment from U.S. consumers followed by a good fade later in N.Y. because of the uncertainty in Putin's Crimea come Monday. I can't be around for the data release so I'm going to reduce my trade size and go long with USD/CHF. I think the dollar index is at a good place for a turn around due to events over the weekend and the taper in bond buying by the federal reserve is just going to continue. Have a good weekend everyone.

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Quoting Temujin

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Watching for a big spike upward on improving sentiment from U.S. consumers followed by a good fade later in N.Y. because of the uncertainty in Putin's Crimea come Monday. I can't be around for the data release so I'm going to reduce my trade size and go long with USD/CHF. I think the dollar index is at a good place for a turn around due to events over the weekend and the taper in bond buying by the federal reserve is just going to continue. Have a good weekend everyone.

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Quoting Rickcollins

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A shark pattern will be likely in daily period! {image}

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Quoting eNjoyPips

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{quote} Wow. Logged onto my pc and saw my long closed and short executed. Didn't see this coming since away from PC. {quote} Currently have longs opened at 170.1 and 169.2. Shorts are already closed at 168.8. Today's Levels For Long: 171.2, 170.5/170.15, 169.2 For Short: 168.8, 168.2/168.0, 167.25. My trading strategy: If 4 hour closest below 168.8, I will close my longs and short targeting 168.2/0. If 4 hour closest above 169.2, next target would be 170.15. Good luck all! Hope everyone made pips from yesterday's movement, and hopefully...

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Quoting Noob Trader

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God bless evergreen longs if Putin cracks on Ukraine and Obama decides to retaliate... Chances of Obama ducking at last moment is high particular after Syria fiasco but ducking in Ukraine will hit harder to the tag of Super Power. So lets see if Obama dare to stop Putin from annexing or placing puppet government in Crimea.

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Quoting Mpt

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{quote} This move now is, in fact, the one that soon verifies we're in a bullish consolidation - or the start of a significant downtrend.

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