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Geppy's Geppy Thread (GBP/JPY)

  • #12,401
  • Mar 24, 2014 9:31pm Mar 24, 2014 9:31pm
Quoting Temujin
I've also seen the forecasts from BNP Paribas, Deutsche Bank and Scotia. They are similar when it comes to GBP/USD EUR/USD and USD/JPY. A little long term but I hope it helps, enjoy. http://www.efxnews.com/story/23474/f...ud-crosses-nab
If it helps, I'll get a forecast from my dog. He's having an afternoon sleep right now, but I'm sure he'll get straight onto it when he wakes up.
  • #12,402
  • Mar 24, 2014 11:48pm Mar 24, 2014 11:48pm
I'm going to save it to my favorites and see if the June 2014 ones come to pass. Sold AUD/JPY in Tokyo at 93.49. It seems a trade above 93.60 has been rejected several times and it's on the way down.
Be humble or be humbled.
  • #12,403
  • Mar 25, 2014 1:31am Mar 25, 2014 1:31am
Hmm, my buy limit order @ 168.46 didnt get filled. I wonder how the news will treat the cpi, probably spike it down before heading back up.
  • #12,404
  • Mar 25, 2014 1:43am Mar 25, 2014 1:43am
Looks like I have a keeper here, would have preferred the manipulation at the yesterdays low of 168.32 or thereabout but the markets are not perfect , we take what we can . Sl as usual 20 pips TP usually 55 pips but with the play of the gap from yesterday and conclusion of the 3 wave push to the downside the potential upside profits cannot be ignored. Leaving TP open
  • #12,405
  • Mar 25, 2014 1:51am Mar 25, 2014 1:51am
Quoting Mpt
{quote} If it helps, I'll get a forecast from my dog. He's having an afternoon sleep right now, but I'm sure he'll get straight onto it when he wakes up.

OK, my dog looked at it and says that if GJ can't stay over 168.7 it will drop. He's also talking about possible reversals, but, hey, he's usually no better than those banks.
  • #12,406
  • Mar 25, 2014 1:56am Mar 25, 2014 1:56am
Quoting Mpt
{quote} OK, my dog looked at it and says that if GJ can't stay over 168.7 it will drop. He's also talking about possible reversals, but, hey, he's usually no better than those banks.
I like your dog because he kept his comments to 3 lines or less...
  • #12,407
  • Mar 25, 2014 2:07am Mar 25, 2014 2:07am
Quoting IveGotQuads
{quote} I like your dog because he kept his comments to 3 lines or less...
That's why i like him too. When you have a wife AND a dog, I sometimes prefer the less verbose option.
  • #12,408
  • Mar 25, 2014 2:42am Mar 25, 2014 2:42am
All that news and still neutral...go figure
  • #12,409
  • Mar 25, 2014 2:43am Mar 25, 2014 2:43am
Thats an impressive 15 min candle , wonder who offloaded all their sterling for yen. Hopefully its a russian bank > All these noise
  • #12,410
  • Mar 25, 2014 4:32am Mar 25, 2014 4:32am
One Hour TF => : EURUSD 1.3838 (+2) ... USDCHF 0.8808 (±0) ... GBPUSD 1.6495 (-1) ... USDJPY 102.23 (+1) ... USDCAD 1.1195 (+3) ... EURJPY 141.47 (+2) ... AUDUSD 91.28 (+6) ... NZDUSD 85.46 (+2) ... EURAUD 1.5161 (-1) ... GBPJPY 168.65 (±0) ... GBPAUD 1.8074 (-5) ... Monday 24. Mar 2014 ... 23h09 CET



GBP/JPY :


Neutralized as well with a mild bearish tone (Daily TF Trend = Sideways -1) on a day to day basis ...

ENTRIES as shown here. Attachment

See you later ...


;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #12,411
  • Mar 25, 2014 4:54am Mar 25, 2014 4:54am
With so many retailers trying to call the top and going short, buy order in place at 168.84 ...moved earlier position to + 18 pips @ 168.64 If you going to trade the dragon we not risking 20 pips just to make 40 pips with ADR still at 48 pips out of 136
  • #12,412
  • Mar 25, 2014 4:57am Mar 25, 2014 4:57am
One Hour TF => : EURUSD 1.3838 (+2) ... USDCHF 0.8808 (±0) ... GBPUSD 1.6495 (-1) ... USDJPY 102.23 (+1) ... USDCAD 1.1195 (+3) ... EURJPY 141.47 (+2) ... AUDUSD 91.28 (+6) ... NZDUSD 85.46 (+2) ... EURAUD 1.5161 (-1) ... GBPJPY 168.65 (±0) ... GBPAUD 1.8074 (-5) ... Monday 24. Mar 2014 ... 23h09 CET



GBP/AUD :


Trend is bearish (Hourly TF Trend = Bearish -5) on a day to day basis ...

Corrective phase expected ...

ENTRY buy series as shown here. Attachment

See you later ...


;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #12,413
  • Mar 25, 2014 5:39am Mar 25, 2014 5:39am
closed both positions @ 169.18 for 70+ pips and 33+ pips respectively. done for the day gl to everyone . theres a strong resistance up there with the 200 EMA, NY session is known to reverse course occassionally
  • #12,414
  • Mar 25, 2014 5:48am Mar 25, 2014 5:48am
Personally if I wanted to go short Ill say its still too early, you would want to wait a bit and see if NY traders run it up to 169.43 OR wait for a reversal candle in this zone. Then wait for confirmation i.e the next candle should close below the reversal and then put an order with the pull back to the first reversal candle. This is the only way ill take a short as you are counter trending and proffessional traders like to take advanatge of retailers in this spots and try to run stops. gl and cheers
  • #12,415
  • Mar 25, 2014 6:09am Mar 25, 2014 6:09am
Quoting mercy seat
GBP/JPY : Neutralized as well with a mild bearish tone (Daily TF Trend = Sideways -1) on a day to day basis ... ENTRY sell series as shown here. Ding ding dong, done ... See you later ... ;-| {image}

GBP/JPY :


Best and largest sell ENTRIES been 169.192 and 169.225 ... 13h46 and 13h49 CET ...


;-|

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #12,416
  • Edited 12:31pm Mar 25, 2014 7:59am | Edited 12:31pm
Quoting mercy seat
{quote} Yes ... I found it ... it is a long long trading list ... not easy to read ... best buy been 1.11710 ... 15h15 CET ... super nice BE ... many sequestrations done already ... Same with GBP/JPY and GBP/AUD ... best sell in GJ been 169.265 ... 15h00 CET ... And then we have good ones in GBP/AUD too ... corrective buy with total avg 1.80344 ... Nice ones in EUR/USD and Swissy ... ;-|

Currently we are traveling as follows ...


USD/CAD : Buy with avg 1.11727 ...

GBP/AUD : Buy with avg 1.80341 ...

EUR/USD : Buy with avg 1.380145 ...

USD/CHF : Sell with avg 0.884105 ...

GBP/JPY : Sell with avg 169.2173 ...


;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #12,417
  • Mar 25, 2014 10:56am Mar 25, 2014 10:56am
Quoting SirMcPip
Time: 03:19 GMT Market: GBP/JPY BOUGHT AT 168.00 STOPS: NONE TARGET:180.00
Stops moved to BE at 168,00

It should now be time for a move north.
  • #12,418
  • Edited 12:36pm Mar 25, 2014 12:11pm | Edited 12:36pm
Go Go Go.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPJPY_2.jpg Size: 48 KB
  • #12,419
  • Edited 4:59pm Mar 25, 2014 4:46pm | Edited 4:59pm
Many people are now seeing this so-called trendline. We are now probably back inside it, but I think its base now sits at about 168.8/9. Under there, we're outside again.

At the same time, I note that the daily and weekly TF are both losing their respective OS conditions.

Repeating my post of late last week : http://www.forexfactory.com/showthre...35#post7355935

" The length of time it spends in this area may be an early indication as to its longer term intentions. Obviously, it's had a hard time dropping out and down ; if it now moves down quickly, it probably just means it's in a bullish triangle / something. On the other hand, if it hangs around here for a day or three and keeps retesting, any such action MAY be a hint that its intentions are a little more bearish."

Of course, you can also make the case that we're seeing a rounding bottom, with a very gradual change of sentiment to the upside
  • #12,420
  • Mar 25, 2014 5:04pm Mar 25, 2014 5:04pm
I would agree with Mpt this additional caveat: On the 4H the 20 day EMA is currently at 168.87 and the 50 day EMA sits at 169.14, 27 pips. A very tight range.
The decision to enter for me will be based upon the strength of the price action in which the penetration above or rejection below project and also on what event will drive the nail home. If it, the 4H, consolidates that means to me even the professionals are waiting for something which becomes patient opportunity for our friends.
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