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Geppy's Geppy Thread (GBP/JPY)

  • #13,241
  • Apr 23, 2014 11:28pm Apr 23, 2014 11:28pm
Quoting giahung4ever
GJ hit strong support 171.5 and up , down trend is continue ???

yes
  • #13,242
  • Apr 23, 2014 11:28pm Apr 23, 2014 11:28pm
Quoting giahung4ever
GJ hit strong support 171.5 and up , down trend is continue ???
GJ is hitting support at a couple of channel lines, once break through will continue down trend, according to the chart.
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  • #13,243
  • Apr 24, 2014 1:05am Apr 24, 2014 1:05am
Quoting Articulate
Brilliant call. However, it would have been a more useful guide to those interested if you had attached a chart to the post where you first identified 171.33 as the target. Identifying targets without any explanation is ridiculous to any informed trader. {quote}
Perhaps you should try reading the posts on page 661 like any informed trader would before jumping in with such comments.....the reasoning behind Mr.C's target identification was adequately discussed there following USD-Bear's request.....
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  • #13,244
  • Apr 24, 2014 2:14am Apr 24, 2014 2:14am
what happen with GJ ???
  • #13,245
  • Apr 24, 2014 2:24am Apr 24, 2014 2:24am
Quoting giahung4ever
what happen with GJ ???
What do you mean?
  • #13,246
  • Apr 24, 2014 2:27am Apr 24, 2014 2:27am
Quoting cat
{quote} What do you mean?
why it uppppppppp ???
  • #13,247
  • Apr 24, 2014 2:30am Apr 24, 2014 2:30am
Quoting giahung4ever
{quote} why it uppppppppp ???
Because it fell back to the 61.8% fib level overnight and from there it has found support- for now.
  • #13,248
  • Apr 24, 2014 2:36am Apr 24, 2014 2:36am
Quoting giahung4ever
{quote} why it uppppppppp ???
perhaps because GbpUsd rallied 20 pips off support into the London Open......
Trading Levels with WRBs
  • #13,249
  • Apr 24, 2014 2:42am Apr 24, 2014 2:42am
Quoting giahung4ever
what happen with GJ ???
P A T I E N C E
Trade what you see, not what you think.
  • #13,250
  • Apr 24, 2014 2:43am Apr 24, 2014 2:43am
Quoting giahung4ever
{quote} why it uppppppppp ???
GJ shall go to 170.60 area as long as it cant break back above 172, as I said yesterday.
Trade what you see, not what you think.
  • #13,251
  • Apr 24, 2014 2:59am Apr 24, 2014 2:59am
Quoting karmostaji
{quote} GJ shall go to 170.60 area as long as it cant break back above 172, as I said yesterday.
hope
  • #13,252
  • Apr 24, 2014 3:04am Apr 24, 2014 3:04am
Quoting karmostaji
{quote} GJ shall go to 170.60 area as long as it cant break back above 172, as I said yesterday.
if it break 172 again , how about GJ??
  • #13,253
  • Apr 24, 2014 3:07am Apr 24, 2014 3:07am
Quoting giahung4ever
{quote} if it break 172 again , how about GJ??
I don't know, look at your chart and you tell me what do you think.
Trade what you see, not what you think.
  • #13,254
  • Apr 24, 2014 3:07am Apr 24, 2014 3:07am
Quoting giahung4ever
{quote} if it break 172 again , how about GJ??
Maybe next time with a $4000 account balance you'll trade no more than $4~5 instead of $20.
  • #13,255
  • Apr 24, 2014 4:03am Apr 24, 2014 4:03am
171.40 -- > 170.80
  • #13,256
  • Apr 24, 2014 4:23am Apr 24, 2014 4:23am
Quoting karmostaji
{quote} I don't know, look at your chart and you tell me what do you think.
very difficult to predict
  • #13,257
  • Apr 24, 2014 4:29am Apr 24, 2014 4:29am
Quoting giahung4ever
{quote} if it break 172 again , how about GJ??
172.10 not 172. But I feel there is a lot of price manipulation from bankers, attempting to force trends. GJ doesn't seem to be moving in a natural market way. Huge drop yesterday and then a huge rally back up to 172.10 same day, and if it breaks 172.10 and becomes bullish this doesn't make sense after the move hit major resistance trend line from jan and March high and a bearish engulfing bar on the daily chart was formed at swing high.

With all the forex scandals lately I wouldn't be surprised if this is the case.
  • #13,258
  • Apr 24, 2014 4:32am Apr 24, 2014 4:32am
Why don't you guys just watch and learn - rather than talk balderdash.
  • #13,259
  • Apr 24, 2014 4:59am Apr 24, 2014 4:59am
Quoting roryh86
{quote} 172.10 not 172. But I feel there is a lot of price manipulation from bankers, attempting to force trends. GJ doesn't seem to be moving in a natural market way. Huge drop yesterday and then a huge rally back up to 172.10 same day, and if it breaks 172.10 and becomes bullish this doesn't make sense after the move hit major resistance trend line from jan and March high and a bearish engulfing bar on the daily chart was formed at swing high. With all the forex scandals lately I wouldn't be surprised if this is the case.
Ill reply to this as I have nothing better to do. There was no " huge " rally back up to 172.10. that was just the price finding support during the New York trading hours, which it very often does, and that support, for me, was the 1 hour 200SMA. We we have a situation at the top of a long bullish run, where we are ranging sideways. Expect then this pair at the moment to drop one day and rise the next, or just be stuck as it has been so far today. That is forex, and it behaves like this day in day out. So get rid of your conspiracy theories because they will not help you make any money in this game. As Mpt says, study your charts and learn.
  • #13,260
  • Apr 24, 2014 5:10am Apr 24, 2014 5:10am
there is 2 sides uncertanity. so price can go up or down. like other JPY pairs.

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