Geppy's Geppy Thread (GBP/JPY) | Page 762 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

Geppy - Pick the bottom 18 replies

Lets Talk GBP/JPY "the geppy" 156 replies

geppy is "ugly" when ? 14 replies

Geppy outlook 0 replies

Attachments: Geppy's Geppy Thread (GBP/JPY)
Exit Attachments

Geppy's Geppy Thread (GBP/JPY)

  • #15,221
  • Nov 5, 2014 1:48am Nov 5, 2014 1:48am
Quoting FX-Ray
{quote} IŽd like to drop some scenarios.. {image} {image}
If the first one were to happen, it would likely bounce off of where we're at right now 182.72/52 (feel free to correct me if I'm off). The next strongest point for a bounce back would be that area I spotted during london yesterday at 181.28/18. But that's still pretty far away from where we are right now. Not too sure about that one.

IMO, if it resists, and drops past 182.52/72, it should be bear. If it blows through the DP or plays a little pong between those two points, it's going bull.

That's my semi-drunken two cents on the matter. Now if you'll excuse me, time to heat up some pizza.

edit: Overlooked one point for another rebound. 181.99/89. Pretty significant there too since the G/J climbed up into this territory. If it goes bear from the 183 area, and blows through that point, short it IMO.
  • #15,222
  • Nov 5, 2014 1:50am Nov 5, 2014 1:50am
Quoting FX-Ray
{quote} And another: http://www.forexfactory.com/attachme...6&d=1415093533
This one would be my favorite to get in. The other retracements would be really small ... I think if it just gets through 183 with ease it should at least retest this at one point. Maybe then I will have a position, but now I feel like fishing in no man's land.
Fix up, trade sharp ...
  • #15,223
  • Nov 5, 2014 1:50am Nov 5, 2014 1:50am
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
Not a problem buddy! Yes I will increase the stop as discussed to 182.60 once 183 gets printed, might take some there as well and leave only last few left to run with the stop.

*Cool, well done on that!
  • #15,224
  • Nov 5, 2014 1:51am Nov 5, 2014 1:51am
Quoting 4xNewGuy
{quote} If the first one were to happen, it would likely bounce off of where we're at right now 182.72/52 (feel free to correct me if I'm off). The next strongest point for a bounce back would be that area I spotted during london yesterday at 181.28/18. But that's still pretty far away from where we are right now. Not too sure about that one. IMO, if it resists, and drops past 182.52/72, it should be bear. If it blows through the DP or plays a little pong between those two points, it's going bull. That's my semi-drunken two cents on the matter....
chicken curry ananas pizza
  • #15,225
  • Nov 5, 2014 1:54am Nov 5, 2014 1:54am
Quoting workingforex
{quote} Not a problem buddy! Yes I will increase the stop as discussed to 182.60 once 183 gets printed, might take some there as well and leave only last few left to run with the stop. *Cool, well done on that!
I have no problem to risk that 50 Pips just to see if it is able to go another 330piips:

330Pips / 50 Pips = 6,6

R:R 6,6:1
  • #15,226
  • Nov 5, 2014 1:58am Nov 5, 2014 1:58am
Quoting 4xNewGuy
{quote} If the first one were to happen, it would likely bounce off of where we're at right now 182.72/52 (feel free to correct me if I'm off). The next strongest point for a bounce back would be that area I spotted during london yesterday at 181.28/18. But that's still pretty far away from where we are right now. Not too sure about that one. IMO, if it resists, and drops past 182.52/72, it should be bear. If it blows through the DP or plays a little pong between those two points, it's going bull. That's my semi-drunken two cents on the matter....
Forgot to answer your post, dat pizza in my head lol
Its possible, dont have a monopoly on the truth, the green lines drawn are just some guidance, not even fibs. Just 1/4 2/4 3/4. As simple as possible.
Enjoy your meal
  • #15,227
  • Nov 5, 2014 2:01am Nov 5, 2014 2:01am
Quoting FX-Ray
{quote} This is for those who looks for a contemporary reversal.
Ideally I would want to see that but with the way it has been going on, it seems a bit difficult at the minute. A retracement to 177 - 175 would be great to load up again but need to be patient. Watching closely at the minute, will keep posting.

As said will take some further when we get to the next DP 183.00-20. All thanx to you, it was a nice trip up from 168.
  • #15,228
  • Edited 2:05am Nov 5, 2014 2:03am | Edited 2:05am
Quoting workingforex
{quote} Ideally I would want to see that but with the way it has been going on, it seems a bit difficult at the minute. A retracement to 177 - 175 would be great to load up again but need to be patient. Watching closely at the minute, will keep posting. As said will take some further when we get to the next DP 183.00-20. All thanx to you, it was a nice trip up from 168.
We will meet again lol

Add:
Anyway, didnt take any trade yesterday, and marked the prices where I would have been go long and short, and guess what:
10 trades, 9 losers xD
  • #15,229
  • Nov 5, 2014 2:08am Nov 5, 2014 2:08am
Quoting FX-Ray
{quote} chicken curry ananas pizza
Sorry, just having some leftover Domino's pan pizza right now. But I'll keep that in mind for next time.

edit: Smiley face didn't show.
  • #15,230
  • Edited 2:17am Nov 5, 2014 2:10am | Edited 2:17am
Quoting workingforex
{quote} Ideally I would want to see that but with the way it has been going on, it seems a bit difficult at the minute. A retracement to 177 - 175 would be great to load up again but need to be patient. Watching closely at the minute, will keep posting. As said will take some further when we get to the next DP 183.00-20. All thanx to you, it was a nice trip up from 168.
Just adjust your stop when 183.00 gets printed, I mean even if it would go further, no reason to give that extra 500 pips back, since you are up 1500pips then.
Take a day off then, my advice. I learned when I have extremely good weeks/days, I probably give it back the next.
Thats why I take a trade off after any 'lucky streak'.
  • #15,231
  • Nov 5, 2014 2:12am Nov 5, 2014 2:12am
Quoting FX-Ray
{quote} We will meet again lol Add: Anyway, didnt take any trade yesterday, and marked the prices where I would have been go long and short, and guess what: 10 trades, 9 losers xD
Long from the killzone at 181.28/18. If I didn't need sleep, would've been another 50 pips or so.
  • #15,232
  • Nov 5, 2014 2:17am Nov 5, 2014 2:17am
Quoting FX-Ray
{quote} We will meet again lol Add: Anyway, didnt take any trade yesterday, and marked the prices where I would have been go long and short, and guess what: 10 trades, 9 losers xD
Surely we will.

The pizza sounds interesting, CHICKEN CURRY ANANAS PIZZA. Ananas is pineapple, right, some form on indianized pizza!

And yes will definitely have a week off probably this month soon on paternity leave!
  • #15,233
  • Nov 5, 2014 2:24am Nov 5, 2014 2:24am
Quoting workingforex
{quote} Surely we will. The pizza sounds interesting, CHICKEN CURRY ANANAS PIZZA. Ananas is pineapple, right, some form on indianized pizza! And yes will definitely have a week off probably this month soon on paternity leave!
Congrats! All the best to you, the wifey, and the kid!
  • #15,234
  • Nov 5, 2014 2:26am Nov 5, 2014 2:26am
Quoting 4xNewGuy
{quote} Congrats! All the best to you, the wifey, and the kid!
Thanks, we are still waiting, probably second or third week.
  • #15,235
  • Nov 5, 2014 2:26am Nov 5, 2014 2:26am
Quoting 4xNewGuy
{quote} Congrats! All the best to you, the wifey, and the kid!
From me too!
  • #15,236
  • Nov 5, 2014 2:28am Nov 5, 2014 2:28am
Quoting FX-Ray
{quote} From me too!
Make it three.
Fix up, trade sharp ...
  • #15,237
  • Nov 5, 2014 2:32am Nov 5, 2014 2:32am
H1 forming a hammer. With more pressure on Yen, especially USD/JPY hitting multi year highs, it is likely to see FXRays DP soon.
Fix up, trade sharp ...
  • #15,238
  • Nov 5, 2014 3:15am Nov 5, 2014 3:15am
Quoting Hickson
H1 forming a hammer. With more pressure on Yen, especially USD/JPY hitting multi year highs, it is likely to see FXRays DP soon.
Hope any DP gets printed today, else im trade off, Im getting bored
  • #15,239
  • Nov 5, 2014 3:16am Nov 5, 2014 3:16am
Quoting FX-Ray
{quote} Hope any DP gets printed today, else im trade off, Im getting bored
Me too, hoping to learn something live.
Fix up, trade sharp ...
  • #15,240
  • Nov 5, 2014 3:25am Nov 5, 2014 3:25am
News GBP - Services PMI in t-6minutes, maybe weŽll get a catalyst here, if high impact things gonna happen fast. So be careful.
2 traders viewing now