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Geppy's Geppy Thread (GBP/JPY)

  • #12,761
  • Apr 3, 2014 6:28am Apr 3, 2014 6:28am
While news release pay close attention to 172.47/13; if that holds Im aiming 174.00
  • #12,762
  • Apr 3, 2014 6:29am Apr 3, 2014 6:29am
Quoting Schickeria
{quote} cashing one Sell-Position with +45 Pips {image}
Perfect countertrade dude, fast in fast out, cashed in
  • #12,763
  • Apr 3, 2014 7:31am Apr 3, 2014 7:31am
look to me that gj doesnt wanna go back up..
  • #12,764
  • Apr 3, 2014 7:37am Apr 3, 2014 7:37am
Quoting Jrshin
look to me that gj doesnt wanna go back up..
down trend is come back for you ?????
  • #12,765
  • Apr 3, 2014 7:57am Apr 3, 2014 7:57am
neither way.. i suppose the market is waiting for the NFP that is coming out on friday
  • #12,766
  • Apr 3, 2014 8:03am Apr 3, 2014 8:03am
Quoting FX-Ray
{quote} Perfect countertrade dude, fast in fast out, cashed in
Thanx!

and the first wave was impulsive should give more drop
Attached Image (click to enlarge)
Click to Enlarge Name: gapy oo.PNG Size: 20 KB
  • #12,767
  • Apr 3, 2014 8:19am Apr 3, 2014 8:19am
So schickeria , we should be expecting a 100 pips fall of tomorrow drops further huh. Given 2 to 3 is about 160 percent of 0 to 1.
  • #12,768
  • Apr 3, 2014 8:50am Apr 3, 2014 8:50am
I think Draghi owes the euro and franc bulls a dinner and movie at the least...
  • #12,769
  • Apr 3, 2014 8:58am Apr 3, 2014 8:58am
Quoting Schickeria
{quote} Thanx! and the first wave was impulsive should give more drop {image}
As long as 172.40/20 holds here I dont see it lower, if demand gots taken out here then 170.80/60
  • #12,770
  • Edited 9:06am Apr 3, 2014 9:04am | Edited 9:06am
Quoting Schickeria
{quote} Thanx! and the first wave was impulsive should give more drop {image}
Btw, I see 2 interlaced waves in your pic
Attached Image (click to enlarge)
Click to Enlarge Name: gapy oo.PNG Size: 21 KB
  • #12,771
  • Apr 3, 2014 9:16am Apr 3, 2014 9:16am
Down to next support 171.96
  • #12,772
  • Apr 3, 2014 9:30am Apr 3, 2014 9:30am
Quoting Schickeria
{quote} For me is 104.096 the final goal of USDJPY for a drop down. Lets see.


http://www.forexfactory.com/showthre...10#post7381410
Attached Image (click to enlarge)
Click to Enlarge Name: ujoooooooo.PNG Size: 19 KB
  • #12,773
  • Apr 3, 2014 9:32am Apr 3, 2014 9:32am
Quoting FX-Ray
{quote} Btw, I see 2 interlaced waves in your pic {image}
Hinsetzen 6 !!!

wave 4 never overlap wave 2 (only ending diagonal)
  • #12,774
  • Apr 3, 2014 9:37am Apr 3, 2014 9:37am
Quoting FX-Ray
{quote} Btw, I see 2 interlaced waves in your pic {image}
will drop like a stone
Attached Image (click to enlarge)
Click to Enlarge Name: prc.PNG Size: 56 KB
  • #12,775
  • Apr 3, 2014 10:17am Apr 3, 2014 10:17am
Quoting FX-Ray
{quote} Btw, I see 2 interlaced waves in your pic {image}
if you want a perfect count - this is one atm...

one clear impulsive wave down
Attached Image (click to enlarge)
Click to Enlarge Name: micro.PNG Size: 37 KB
  • #12,776
  • Apr 3, 2014 11:07am Apr 3, 2014 11:07am
Time to go more long in GJ.
Inverted H&S in H4.. its aiming for 178..
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #12,777
  • Apr 3, 2014 1:41pm Apr 3, 2014 1:41pm
Quoting aviz12
Time to go more long in GJ. Inverted H&S in H4.. its aiming for 178..
UNREALISTIC
  • #12,778
  • Apr 3, 2014 2:17pm Apr 3, 2014 2:17pm
Quoting ruffryders
{quote} UNREALISTIC
Concur...

My humble approach:
In the past 12 hours, collectively, the forum has thoroughly dissected our current situation
from almost every angle with very thorough discussion and counter discussion of the probabilities.
Additionally, with the US Stock Market down for the day so far, which could mean it is possible for
weakness in both Asia and Europe this evening topped with the calendar of Friday morning
announcements. Not saying there may be some minor opportunities, (a speculating comment),
I would prefer to take the approach of what I surmised the forum collectively concluded, the "old wait
and see" with individual plan confirmation and collective support of that confirmation approach before
any attempt of easing back into our friend GJ.

I know it tough to sit and wait and I hate it as much as the next trader
but sometimes that is what we get paid to do...
  • #12,779
  • Apr 3, 2014 2:31pm Apr 3, 2014 2:31pm
Can you guys confirm this support break. The attached is the Geppy H4. The previous resistance was broken successfully, and the actual support is breaking as of now. But, i am new into this so i am not sure if this is a solid signal that price is gonna plumb down or is it just a consolidation.
Attached Image (click to enlarge)
Click to Enlarge Name: GEPPY4.jpg Size: 122 KB
  • #12,780
  • Apr 3, 2014 4:14pm Apr 3, 2014 4:14pm
Quoting benmoro
Can you guys confirm this support break. The attached is the Geppy H4. The previous resistance was broken successfully, and the actual support is breaking as of now. But, i am new into this so i am not sure if this is a solid signal that price is gonna plumb down or is it just a consolidation. {image}
After the 4 pm candlestick, a doji, now 2 doji's, usually means continuation of an existing pattern.
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