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Geppy's Geppy Thread (GBP/JPY)

  • #14,221
  • Jul 24, 2014 10:56pm Jul 24, 2014 10:56pm
do i need to say anything here ?

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  • #14,222
  • Jul 24, 2014 11:08pm Jul 24, 2014 11:08pm
too many monkey tails on h4 lol

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  • #14,223
  • Jul 24, 2014 11:32pm Jul 24, 2014 11:32pm
Quoting PatienceFx
too many monkey tails on h4 lol {image}
my long is too early as cable has a 40 to 50 pip drop left to meet the rising tl on daily, prolly on the gdp news in 4 hours.

so a tp at 173.05 and re-entry at 172.8 is not a bad idea

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  • #14,224
  • Jul 24, 2014 11:47pm Jul 24, 2014 11:47pm
GJ = GU * UJ simple math, so GJ reacts to what GU or UJ does, so we keep in mind both while trading GJ doing a PHD in GJ charts will not help, just keep your eyes open is all that is needed, i hope i did not offend anyone
do not follow me 99.9999999% of times, rest you can lol
  • #14,225
  • Jul 24, 2014 11:48pm Jul 24, 2014 11:48pm
Quoting PatienceFx
too many monkey tails on h4 lol {image}
Entries on this are always sloppy ... . Hate that about it.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #14,226
  • Jul 24, 2014 11:55pm Jul 24, 2014 11:55pm
Quoting ZebraSquirl
{quote} Entries on this are always sloppy ... . Hate that about it.
just remember a simple marriage rule

when GU and UJ get married / move in same direction GJ gets STRONGER

when both divorce / move opposite GJ is confused / carried away by the stronger pair.

in the event of their divorce it is safer to trade the parents GU UJ
do not follow me 99.9999999% of times, rest you can lol
  • #14,227
  • Jul 24, 2014 11:56pm Jul 24, 2014 11:56pm
Quoting PatienceFx
GJ = GU * UJ simple math, so GJ reacts to what GU or UJ does, so we keep in mind both while trading GJ doing a PHD in GJ charts will not help, just keep your eyes open is all that is needed, i hope i did not offend anyone
My usual fallback when somebody presses me for an opinion as to how exactly a given pair is going to move is that: "It's going to do (large pause) ... what it's going to do."

So, you're saying that the Ph.D. I got from Geppy U. (Doctoral Thesis: GJ Charting) was a total waste of time?!!
Fireworks are fun ... as long as you don't blow your fingers off.
  • #14,228
  • Jul 24, 2014 11:58pm Jul 24, 2014 11:58pm
Quoting PatienceFx
{quote} just remember a simple marriage rule when GU and UJ get married / move in same direction GJ gets STRONGER when both divorce / move opposite GJ is confused / carried away by the stronger pair.
Well, if the honeymoon is now, the couple is not doing much ... . Must be the jet lag ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #14,229
  • Jul 25, 2014 12:48am Jul 25, 2014 12:48am
shorted. tp 1680
Pecuniae obediunt omnia
  • #14,230
  • Jul 25, 2014 12:59am Jul 25, 2014 12:59am
Quoting PatienceFx
GJ = GU * UJ simple math, so GJ reacts to what GU or UJ does, so we keep in mind both while trading GJ doing a PHD in GJ charts will not help, just keep your eyes open is all that is needed, i hope i did not offend anyone
No you did not, you are doing a good job and your analysis are very good as always. Keep up the good work!

PS Add: I like your marriage and PHD theory.
  • #14,231
  • Jul 25, 2014 1:28am Jul 25, 2014 1:28am
Quoting PIPot
shorted. tp 1680
this is what happens in a divorce and this is common to all crosses , this is why it is safer to trade majors
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  • #14,232
  • Jul 25, 2014 1:37am Jul 25, 2014 1:37am
gu divorces uj

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so gj moves

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  • #14,233
  • Jul 25, 2014 1:50am Jul 25, 2014 1:50am
both gu and uj have restrictions, so gj will

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  • #14,234
  • Jul 25, 2014 2:43am Jul 25, 2014 2:43am
h1 gu going down uj climbing, poor gj

so trade MAJORS they move in sure waves, gu drop has a life of 50 pips

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  • #14,235
  • Edited 11:32am Jul 25, 2014 11:10am | Edited 11:32am
Once the BOE early rate hike was all priced in and the BOJ kept reiterating they would stay the course with no increase in the level of bond purchases the dragon's teeth began to fall out. The fundamentals are simply absent for another impulse to breach that 175.35 high. Now VISA sees no growth as far as all of 2015 even and this is very much a risk-on, good-time cross. After 171.74 there will be a divergence upward and then down because this pair is in a downtrend now. The DOW Jones has breached that key 17,000 level and is down 130 points so far. After earnings season is over it's done and GBP/JPY with it.

My GBP/CHF sell at 153.80 will be a slow grind but I expect 180-200 pips in the weeks to come.
Be humble or be humbled.
  • #14,236
  • Jul 25, 2014 11:56am Jul 25, 2014 11:56am
172.65 give up now
  • #14,237
  • Jul 25, 2014 11:56am Jul 25, 2014 11:56am
Bulls if above 173.5x . Else stand aside to market to decide.meanwhile bear is charge for time being.
  • #14,238
  • Jul 30, 2014 11:42am Jul 30, 2014 11:42am
Hey men... now early in te week during vacation times, the new high will always go south again for a sovergn wealth fund re-load....,,,then Wednesday and Thursday are what we watch for long moves. We have this 174.xx going right now, how cool is that for stuffing our socks.
Now it's short till 4:00 am New York time....when tou want to be long like a mother bear....especially if it falls till the Tokyo lunch time...!!
If you see a flat line from Tokyo till the London open....Jump it with a buy, big time...
  • #14,239
  • Jul 30, 2014 12:43pm Jul 30, 2014 12:43pm
Finally seeing some action on our lil beast today! I've been away from the forums lately because it's just been so dead. Hopefully today is a sign that that's changing.

I'll be out the rest of the week though... going on my bachelor party tomorrow morning
check out my blog: forexmademillionaire dot com
  • #14,240
  • Edited 4:30am Jul 31, 2014 3:12am | Edited 4:30am
Quoting Gbp/jpy
Hey men... now early in te week during vacation times, the new high will always go south again for a sovergn wealth fund re-load....,,,then Wednesday and Thursday are what we watch for long moves. We have this 174.xx going right now, how cool is that for stuffing our socks. Now it's short till 4:00 am New York time....when tou want to be long like a mother bear....especially if it falls till the Tokyo lunch time...!! If you see a flat line from Tokyo till the London open....Jump it with a buy, big time...
There is no evidence that this is not a reversal. A drop out of 173.6 and 173.2 would suggest reversal. I waited all week for the bullish thrust, which did exceed my expectation - but it may still have been a final move in a bearish pattern. New York times etc aside, only a new high now confirms the bullish scenario.
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