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Geppy's Geppy Thread (GBP/JPY)

  • #13,201
  • Apr 23, 2014 4:53am Apr 23, 2014 4:53am
Quoting karmostaji
{quote} atleast to 171.75 area and we shall see then... bounce or more downside..
Don't you just love GJ when it listens, I love you
Trade what you see, not what you think.
  • #13,202
  • Apr 23, 2014 4:53am Apr 23, 2014 4:53am
Quoting PatienceFx
{http://www.forexfactory.com/attachment.php?attachmentid=1412201&stc=1&d=1398220531}
  • #13,203
  • Apr 23, 2014 5:05am Apr 23, 2014 5:05am
Quoting Islander
{quote} GM - any chance you could dust off your crystal ball and let us know when that will be.... {image}
At 2 o'clock on a Tuesday
  • #13,204
  • Apr 23, 2014 5:27am Apr 23, 2014 5:27am
Quoting FX-Ray
Bought 172.25; gonna bail below 172.10; 1st target 172.70/50
next tg?
Hero calls followed by margin calls...
  • #13,205
  • Apr 23, 2014 5:29am Apr 23, 2014 5:29am
Quoting karmostaji
{quote} Don't you just love GJ when it listens, I love you
congratz, bro
  • #13,206
  • Apr 23, 2014 5:29am Apr 23, 2014 5:29am
171.75 is broke , down trend is return ??? who can answer my question ?? Thanks
  • #13,207
  • Apr 23, 2014 5:38am Apr 23, 2014 5:38am
Quoting PhAnTi'
{quote} next tg?
Bailed 171.95/75 hit, next if down is 171.20/00; depending on171.95/75
  • #13,208
  • Apr 23, 2014 6:02am Apr 23, 2014 6:02am
Quoting Mpt
{quote} At 2 o'clock on a Tuesday


thanks....I'll put on a 250 pip butterfly spread at 1 oclock....
Trading Levels with WRBs
  • #13,209
  • Apr 23, 2014 6:18am Apr 23, 2014 6:18am
Quoting giahung4ever
171.75 is broke , down trend is return ??? who can answer my question ?? Thanks
Patience, things don't go in a straight line in forex
Trade what you see, not what you think.
  • #13,210
  • Apr 23, 2014 6:52am Apr 23, 2014 6:52am
Quoting karmostaji
{quote} Patience, things don't go in a straight line in forex
bro do you have a gann indicator ? and how to use it
  • #13,211
  • Apr 23, 2014 7:06am Apr 23, 2014 7:06am
Quoting PatienceFx
{quote} bro do you have a gann indicator ? and how to use it
http://www.forexfactory.com/showthre...00#post1541200
  • #13,212
  • Apr 23, 2014 7:11am Apr 23, 2014 7:11am
For GBP/JPY shorters. Target for today: ~171,33.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #13,213
  • Apr 23, 2014 7:23am Apr 23, 2014 7:23am
Quoting Mr.C
For GBP/JPY shorters. Target for today: ~171,33.
may I ask how you derived that level?
Personally looking at UJ 102 as a level to exit GJ shorts.
Don't be a hero. Don't have an ego. Always question yourself
  • #13,214
  • Apr 23, 2014 7:37am Apr 23, 2014 7:37am
Quoting USD-Bear
{quote} may I ask how you derived that level? Personally looking at UJ 102 as a level to exit GJ shorts.
It is 100% of the average daily range. We have some bear power there with today's trend that is clearly visible. Usually we get full range in such conditions. Also the UJ - I don't think that 102 is finished yet. I mean there is still some space to go down.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #13,215
  • Apr 23, 2014 7:45am Apr 23, 2014 7:45am
Quoting Mr.C
{quote} It is 100% of the average daily range. We have some bear power there with today's trend that is clearly visible. Usually we get full range in such conditions. Also the UJ - I don't think that 102 is finished yet. I mean there is still some space to go down.
might I ask what period you are using for your ADR......I have the 20 day as 110 pips and so far today the range is 129 pips....
Trading Levels with WRBs
  • #13,216
  • Apr 23, 2014 7:46am Apr 23, 2014 7:46am
Quoting Islander
{quote} might I ask what period you are using for your ADR......I have the 20 day as 110 pips and so far today the range is 129 pips....
Hi Islander. 60 days with 100% = 148 pips. 89% filled as we speak.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #13,217
  • Apr 23, 2014 7:50am Apr 23, 2014 7:50am
Quoting Mr.C
{quote} Hi Islander. 60 days with 100% = 148 pips. 89% filled as we speak.

Ah - interesting.......do you find that the 60 day gives a more reliable target than the shorter periods?
Trading Levels with WRBs
  • #13,218
  • Apr 23, 2014 7:53am Apr 23, 2014 7:53am
a test of 172.00 before resuming the downtrend.. USD news in an hour could have some impact on GJ aswell

Protect profits, have patience and use proper MM so trading can be fun and relaxing instead of panicking and sweating
Trade what you see, not what you think.
  • #13,219
  • Apr 23, 2014 8:13am Apr 23, 2014 8:13am
Quoting Islander
{quote} Ah - interesting.......do you find that the 60 day gives a more reliable target than the shorter periods?
From my perspective ranges differ month to month quite a lot. I've tried a smaller period, but felt these changes of ranges big time and that affected some of my trading decisions. Longer term with more statistical data works better for me. But I mean we can't trust the data solely. The chart situation always needs to be taken into consideration. I am always trying to figure out when the ranges get smaller (for example during the summer months) and to adjust my trading tactics, mostly TP points.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #13,220
  • Apr 23, 2014 8:51am Apr 23, 2014 8:51am
Quoting Mr.C
{quote} From my perspective ranges differ month to month quite a lot. I've tried a smaller period, but felt these changes of ranges big time and that affected some of my trading decisions. Longer term with more statistical data works better for me. But I mean we can't trust the data solely. The chart situation always needs to be taken into consideration. I am always trying to figure out when the ranges get smaller (for example during the summer months) and to adjust my trading tactics, mostly TP points.
Thanks Mr.C - I monitor the 5, 10 & 20 ADRs which are quite volatile, so its interesting to hear another approach
Trading Levels with WRBs
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