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Geppy's Geppy Thread (GBP/JPY)

  • #14,821
  • Oct 15, 2014 11:29pm Oct 15, 2014 11:29pm
To me, this pair isn't ripe for continued selling. To me, it may move down - but no justification for that yet.
  • #14,822
  • Oct 16, 2014 12:27am Oct 16, 2014 12:27am
scalp higher, invest lower
Please check out my blog at https://from-zero-to-hero . net
  • #14,823
  • Oct 16, 2014 12:44am Oct 16, 2014 12:44am
Quoting smash1820
scalp higher, invest lower
30m stochs suggest a sharp retracement lower, but this may be overcome by the 1h, 4h, and daily TFs.

- permabull
Please check out my blog at https://from-zero-to-hero . net
  • #14,824
  • Oct 16, 2014 6:40am Oct 16, 2014 6:40am
Quoting smash1820
{quote} 30m stochs suggest a sharp retracement lower, but this may be overcome by the 1h, 4h, and daily TFs. - permabull
true. The l/t trend is still UP (at least, above yesterday's low IMO).
  • #14,825
  • Oct 16, 2014 8:30am Oct 16, 2014 8:30am
We have some support here at the 169 level and should follow up through with an equities relief rally early next week. Have a great weekend everyone.
Be humble or be humbled.
  • #14,826
  • Oct 16, 2014 8:54am Oct 16, 2014 8:54am
It appears the relief rally is underway, long from 169.50
Be humble or be humbled.
  • #14,827
  • Oct 16, 2014 12:54pm Oct 16, 2014 12:54pm
Quoting IveGotQuads
{quote} Look who finally show up after so many months !!!! Glad you are back, looking forward to some enlightenment.... much appreciated !!!
Hi mate,

sry for late response. How are you doing, how did you progress?
  • #14,828
  • Oct 16, 2014 6:01pm Oct 16, 2014 6:01pm
Quoting FX-Ray
{quote} Hi mate, sry for late response. How are you doing, how did you progress?
yeah, made so much progress.... been hitting my take profits. Not pyramiding like you guys though since I trade part time for now, in time !!
  • #14,829
  • Oct 17, 2014 12:21am Oct 17, 2014 12:21am
Quoting IveGotQuads
{quote} yeah, made so much progress.... been hitting my take profits. Not pyramiding like you guys though since I trade part time for now, in time !!
Nice to hear that, keep going!
  • #14,830
  • Oct 17, 2014 5:27am Oct 17, 2014 5:27am
Quoting workingforex
{quote} True. Managed to enter at excellent entry point. Thanx to you. {image}
Are you still in?
  • #14,831
  • Oct 17, 2014 5:30am Oct 17, 2014 5:30am
Jeepers, price is inert.
  • #14,832
  • Oct 17, 2014 5:32am Oct 17, 2014 5:32am
Quoting FX-Ray
{quote} Are you still in?
Yes holding on, waiting for the targets as you gave ! Ideally would love to hold it till above 180+
  • #14,833
  • Edited 6:25am Oct 17, 2014 5:37am | Edited 6:25am
Quoting workingforex
{quote} Yes holding on, waiting for the targets as you gave ! Ideally would love to hold it till above 180+
Okay, first profit target is 173.40/20; if it goes straight through, adjust you stops below that point, next is 176.40/20 then . If it got tested and stalls take partials. There is risk it will test your entry level again, so adjust your risk management accordingly.
Its Friday and still got the NY-Session, just saying because I dont know if you want to hold into the weekend.
  • #14,834
  • Oct 17, 2014 6:35am Oct 17, 2014 6:35am
Quoting FX-Ray
{quote} Okay, first profit target is 173.40/20; if it goes straight through, adjust you stops below that point, next is 176.40/20 then . If it got tested and stalls take partials. There is risk it will test your entry level again, so adjust your risk management accordingly. Its Friday and still got the NY-Session, just saying because I dont know if you want to hold into the weekend.
Yes that will be good. I am watching it closely and will adjust accordingly. Will keep an eye on your updates as well.
  • #14,835
  • Oct 17, 2014 9:31am Oct 17, 2014 9:31am
Great to see you back here FX-Ray. It has been a week I would like to forget but must remember so that I don't repeat the same mistakes in the same stormy conditions. Have a great weekend all of you.
Be humble or be humbled.
  • #14,836
  • Oct 17, 2014 9:51am Oct 17, 2014 9:51am
Quoting Temujin
Great to see you back here FX-Ray. It has been a week I would like to forget but must remember so that I don't repeat the same mistakes in the same stormy conditions. Have a great weekend all of you.
Thank you Temujin, wish you a nice weekend too.
  • #14,837
  • Oct 17, 2014 10:57am Oct 17, 2014 10:57am
Nice weekend everyone.

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  • #14,838
  • Oct 17, 2014 6:51pm Oct 17, 2014 6:51pm
Nice weekend every one!! so happy that I got in at the bottom and was patient enough to hold my position to the current level.
  • #14,839
  • Oct 19, 2014 4:09pm Oct 19, 2014 4:09pm
Decision Points Calendar Week 43 GBP/JPY:

(1) 185.00/84.80
(2) 183.40/20
(2) 180.20/00
(4) 178.60/40
(5) 176.40/20
(6) 173.40/20
(7) 168.20/00
(8) 166.80/60

Good Luck!
  • #14,840
  • Oct 19, 2014 7:11pm Oct 19, 2014 7:11pm
Weekly closing below 171.00 and it will be down but I don't think we'll go down at this moment.
If BOE increase the Interest Rate then it will be back above 176 levels.
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