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Geppy's Geppy Thread (GBP/JPY)

  • #15,201
  • Nov 4, 2014 8:29pm Nov 4, 2014 8:29pm
Quoting JasmineQu
{quote} What market recacts really matters. I'm starting to worry about GJ, which may rise up higher without correction.
Hahaha "Believe what you see instead of what you think!" this is very hard especially in this market. And yes which ever direction this goes there was a very high possibility that there's no retracement. A lot of traders would have noticed that daily IB and poured in. Also News is just a catalyst for liquidity before even fundamentals come into play..this was time to make a decision. We had higher lows forming as we continued to bang on 182.00 resistance and just like a dam that weakens as it gets breached often- so does price eventually. The more hits a wall gets the weaker the resistance , it was a matter of time eventually.
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  • #15,202
  • Nov 4, 2014 8:32pm Nov 4, 2014 8:32pm
Bloody Hell this untamed Beast shows no mercy. the name applied to it as the "Beast" certainly applies.

Cheers,
Ronald
Ronnie Renko
  • #15,203
  • Nov 4, 2014 8:50pm Nov 4, 2014 8:50pm
so,that was a small sell at .74.......

small stop....
  • #15,204
  • Nov 4, 2014 9:14pm Nov 4, 2014 9:14pm
Quoting JasmineQu
{quote} What market recacts really matters. I'm starting to worry about GJ, which may rise up higher without correction.
Yes, it could rise to 190 as I don't see any resistance on D1, next resistance at around 192.
Money never sleeps I can hear the dollar calling me
  • #15,205
  • Nov 4, 2014 9:17pm Nov 4, 2014 9:17pm
yes 192.x.....it likes to hang there awhile....historically
  • #15,206
  • Nov 4, 2014 9:20pm Nov 4, 2014 9:20pm
Quoting Gbp/jpy
yes 192.x.....it likes to hang there awhile....historically
It could go there without any correction!
Money never sleeps I can hear the dollar calling me
  • #15,207
  • Nov 4, 2014 9:25pm Nov 4, 2014 9:25pm
initiating GBPJPY buy at current levels (182.50) targeting 184.40 and placing stop-loss near 181.35.
  • #15,208
  • Nov 4, 2014 9:43pm Nov 4, 2014 9:43pm
Quoting workingforex
{quote} This will be ideal scenario for the week. Still keeping a close eye. Will probably take profit near DP (2) 183. Seems like it is going be in a tight range for sometime today. Are you still holding your longs and where do you intent to TP. You did take partials around 180, right ? Nice to see Quads and 4xNewGuy comments! Well done!
Good Morning everyone,
hi mate,

sorry overlooked your question here. No I didnt (http://www.forexfactory.com/showthre...15#post7842515)
SL @ 179.20
  • #15,209
  • Nov 4, 2014 9:46pm Nov 4, 2014 9:46pm
Quoting FX-Ray
{quote} Good Morning everyone, hi mate, sorry overlooked your question here. No I didnt (http://www.forexfactory.com/showthre...15#post7842515) SL @ 179.20
If 183.00 gets printed, adjust your SL. You know the procedure.
  • #15,210
  • Nov 4, 2014 9:55pm Nov 4, 2014 9:55pm
If anyone wonder why this high impact news had no high impact at all, its because fundamentals are clear (http://www.forexfactory.com/showthre...37#post7844737).
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  • #15,211
  • Nov 4, 2014 10:02pm Nov 4, 2014 10:02pm
We are close to DP (2) 183.20/00
  • #15,212
  • Nov 4, 2014 10:18pm Nov 4, 2014 10:18pm
I don't see any bearish signal at the moment, so next target for me would be 184, 186 and 190.
Goodluck all
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Money never sleeps I can hear the dollar calling me
  • #15,213
  • Edited 11:23pm Nov 4, 2014 11:08pm | Edited 11:23pm
Good thing I checked my phone when I did while at work tonight. Low and behold, that flat top triangle had been forming since yesterday. Nice quick money on the breakout of it. Now let's see this badboy touch 183!

Here's a pic for you FX-Ray. Can't let you be the only creative one around here!
Attached Image


edit: Hahaha, wow. No stopping the beast tonight. The moves out of asia, and into london, and now how london is moving it. Sweet sweet pips... so many of them!
  • #15,214
  • Nov 4, 2014 11:13pm Nov 4, 2014 11:13pm
183 is almost here ... let's see if there is any signal for a retracement ...
Fix up, trade sharp ...
  • #15,215
  • Nov 4, 2014 11:27pm Nov 4, 2014 11:27pm
Quoting Hickson
183 is almost here ... let's see if there is any signal for a retracement ...
It pretty much comes down to what happens at FX-Ray's DP of 183.20/00. If it tests it, and doesn't break and starts going bearish, looks like we're in for a corrective drop. If it tests it, and blows through the level, it's staying bull then.
  • #15,216
  • Nov 4, 2014 11:38pm Nov 4, 2014 11:38pm
Quoting Hickson
183 is almost here ... let's see if there is any signal for a retracement ...
IŽd like to drop some scenarios..
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  • #15,217
  • Nov 4, 2014 11:39pm Nov 4, 2014 11:39pm
Quoting FX-Ray
{quote} IŽd like to drop some scenarios.. {image} {image}
And another: http://www.forexfactory.com/attachme...6&d=1415093533
  • #15,218
  • Nov 4, 2014 11:40pm Nov 4, 2014 11:40pm
Quoting 4xNewGuy
Can't let you be the only creative one around here!
Thanks I started feeling lonely.. lol
  • #15,219
  • Nov 4, 2014 11:46pm Nov 4, 2014 11:46pm
Quoting FX-Ray
{quote} IŽd like to drop some scenarios.. {image} {image}
First pic for those who looks for a retracement + Continuation
Second pic for those who looks for breakout + Continuation
  • #15,220
  • Nov 4, 2014 11:47pm Nov 4, 2014 11:47pm
Quoting FX-Ray
{quote} And another: http://www.forexfactory.com/attachme...6&d=1415093533
This is for those who looks for a contemporary reversal.
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