Geppy's Geppy Thread (GBP/JPY)

Quoting mercy seat

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GBP/JPY : For today we have got a re-calculation for our beloved critical support zones at around 167.91 with confirmation keys in case of below 167.55 zone ... No break no shake! But once the market did cut below those critical zones ... then we can forget the upside for a while ... but I'm in the comfortable situation not to be forced to wait for things that are not very likely to happen ... although any corrective upside attempts should be limited for now ... can be expected to falter in 170.60 or 171.23 zone or even earlier with ease ... ...

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Quoting mercy seat

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GBP/JPY : In this case a medium term picture again ... hourly bars ... fib-archs ... moving averages ... parabolic stop and reverse ... standard MACD ... nothing special ... Let's keep it simples as we can ... All I have to say is okey-dokey ... And you know the name of the games ... some of you might remember this view as it has been commented several times before ... No ENTRIES no EXITS ... and it is a waste of time then ... For today we have got a re-calculation for our beloved critical support zones at around 167.91 with confirmation...

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Quoting gigicualex

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{quote} Almost hit my first TP, closing manually now at 141.50 13:37 CET for a nice +48 pip

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Quoting mercy seat

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{quote} EUR/JPY : Similar here ... cashed our long positions from 140.773 zone here and now between 141.664 and 141.707 zone ... All those procedures has been finally done and finished at 13h05 CET ... with almost + 100 pips profit again ... And A REVERSO down since then again ... ;-|

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Quoting pabloski

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It's hard to understand so many traders looking for buying opportunities in a pair that is giving so many sell ones..

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Quoting eNjoyPips

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{quote} Always look at both sides of the coin. One moment it can go up, one moment it can go down.

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Quoting pabloski

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It's hard to understand so many traders looking for buying opportunities in a pair that is giving so many sell ones..

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Quoting pabloski

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It's hard to understand so many traders looking for buying opportunities in a pair that is giving so many sell ones..

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Quoting Noob Trader

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Now GBP is more vulnerable of bear attack. Below 1.65 serious problem to GBP. Yen holding 100.70 would mean sideways bias.

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Quoting pabloski

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it's hard to understand so many traders looking for buying opportunities in a pair that is giving so many sell ones..

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Quoting Mpt

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{quote} Below 101.3 UJ is out of rising channel support

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Quoting eNjoyPips

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{quote} We are on the way forming another leg down. Critical level 167.8. I would like to see if this level holds today. If it holds, I will go long. if not, I will look for shorting opportunities. Will keep updated. Add: What I meant from "If it holds I will go long" is that if Daily candle closes above 167.8, then I would long around there. Since I don't use SL, I hedge if the position goes against me. Position for my hedge would depend on Daily low for today.

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Quoting eNjoyPips

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This week's key levels 172 171.2(key level for this week "long") 170.1/170.2 168.8/169.0 167.8/168 165.6/165.8 164.8/165 (key level for bulls) I believe we will need another leg down to test the lows, probably new low between 167.65-167.8. For longs, 171.2 will be key level for this week. Breach of that level would resume further upside.

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Quoting mercy seat

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EJ + GJ : To be honest ... I don't want to be involved in the battles around these critical zones down there ... Looks not a tempting game to me ... not today ... I'm not in that mood ... not now ... and I don't know why ... ;-|

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