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Geppy's Geppy Thread (GBP/JPY)

  • #15,241
  • Nov 5, 2014 3:35am Nov 5, 2014 3:35am
About 50 pip drop ... hm ... can 181.82 be a buy?
Fix up, trade sharp ...
  • #15,242
  • Nov 5, 2014 3:38am Nov 5, 2014 3:38am
Quoting FX-Ray
News GBP - Services PMI in t-6minutes, maybe weŽll get a catalyst here, if high impact things gonna happen fast. So be careful.
The news not very good for GBP, I will be happy if we see a correction in GJ. Where do you see GU if I may ask you?

This week with NFP as well, things can change for dollar a bit if we don't get a good print. Dollar has been on steroids for a while now. I want a poor number on NFP this week so see dollar weakness!
  • #15,243
  • Nov 5, 2014 3:40am Nov 5, 2014 3:40am
Quoting Hickson
About 50 pip drop ... hm ... can 181.82 be a buy?
If ever IŽd wait for 40ish
  • #15,244
  • Nov 5, 2014 3:40am Nov 5, 2014 3:40am
Quoting workingforex
{quote} The news not very good for GBP, I will be happy if we see a correction in GJ. Where do you see GU if I may ask you? This week with NFP as well, things can change for dollar a bit if we don't get a good print. Dollar has been on steroids for a while now. I want a poor number on NFP this week so see dollar weakness!
Gu depends on 1.5900, its sold right now
  • #15,245
  • Nov 5, 2014 3:44am Nov 5, 2014 3:44am
Ridiculous news break.

Seriously. Look at yesterday. Same severity, worse than expected, yet a surprisingly greater drop.

It only dropped so hard, since everyone was buying the excitement leading up to it.

Hey FX-Ray, banks do work man. This is a prime example. Big whipping before the trade, suckering in a lot of retail traders. Then a hugely unwarranted movement.

G/J should drop, but not that quick, not that fast.

Hope you're going long in about 15 minutes.
  • #15,246
  • Nov 5, 2014 3:48am Nov 5, 2014 3:48am
Quoting 4xNewGuy
Ridiculous news break. Seriously. Look at yesterday. Same severity, worse than expected, yet a surprisingly greater drop. It only dropped so hard, since everyone was buying the excitement leading up to it. Hey FX-Ray, banks do work man. This is a prime example. Big whipping before the trade, suckering in a lot of retail traders. Then a hugely unwarranted movement. G/J should drop, but not that quick, not that fast. Hope you're going long in about 15 minutes.
One of the reason I dont take trade between DPs, its a slaughterhouse and I dont want to get slaughtered, IŽd like to wait for my loot
  • #15,247
  • Nov 5, 2014 3:51am Nov 5, 2014 3:51am
Quoting FX-Ray
{quote} One of the reason I dont take trade between DPs, its a slaughterhouse and I dont want to get slaughtered, IŽd like to wait for my loot
IŽd like to refer to this post:
http://www.forexfactory.com/showthre...71#post7828371
  • #15,248
  • Nov 5, 2014 3:56am Nov 5, 2014 3:56am
Quoting FX-Ray
{quote} IŽd like to refer to this post: http://www.forexfactory.com/showthre...71#post7828371
http://www.forexfactory.com/showthre...99#post7845699
  • #15,249
  • Nov 5, 2014 3:56am Nov 5, 2014 3:56am
Quoting FX-Ray
{quote} IŽd like to refer to this post: http://www.forexfactory.com/showthre...71#post7828371
Will the music help? I tried classical music playing poker yesterday and it worked pretty well. Need a larger sample size though. Why not also in trading?
Fix up, trade sharp ...
  • #15,250
  • Nov 5, 2014 3:57am Nov 5, 2014 3:57am
Quoting FX-Ray
{quote} One of the reason I dont take trade between DPs, its a slaughterhouse and I dont want to get slaughtered, IŽd like to wait for my loot
Fair enough.

I'm drunk, time to call it a night.

Talk to ya tomorrow!
  • #15,251
  • Nov 5, 2014 4:02am Nov 5, 2014 4:02am
Quoting Hickson
{quote} Will the music help? I tried classical music playing poker yesterday and it worked pretty well. Need a larger sample size though. Why not also in trading?
Trading is also called 'The Game of Games'
  • #15,252
  • Edited 4:09am Nov 5, 2014 4:06am | Edited 4:09am
I wanna give another example:

Look at the picture. Some of you might think now: "Dude, you got all that information, why dont you make money of it?"

Simple: I CANT. Its scalping. (http://www.forexfactory.com/showthre...24#post7843924)

I use it as another tool in my box, thats it. The fact you know something obvious doesnt mean you can trade it, that fact isnt obvious anyway. lol
Attached Image (click to enlarge)
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  • #15,253
  • Nov 5, 2014 4:07am Nov 5, 2014 4:07am
Quoting 4xNewGuy
{quote} Fair enough. I'm drunk, time to call it a night. Talk to ya tomorrow!
Sleep tight lol
  • #15,254
  • Nov 5, 2014 4:08am Nov 5, 2014 4:08am
Quoting FX-Ray
{quote} Trading is also called 'The Game of Games'
Lol probably 'The Game of Thrones' for Central Bankers where we are pawns, fighters, dragons!
  • #15,255
  • Nov 5, 2014 4:10am Nov 5, 2014 4:10am
Quoting workingforex
{quote} Lol probably 'The Game of Thrones' for Central Bankers where we are pawns, fighters, dragons!
Even them dont know what is going to happen next, they trust traders picking up their directions and traders hope other traders pick up theirs.
  • #15,256
  • Nov 5, 2014 4:15am Nov 5, 2014 4:15am
Quoting FX-Ray
{quote} Even them dont know what is going to happen next, they trust traders picking up their directions and traders hope other traders pick up theirs.
First is the market itself.
  • #15,257
  • Nov 5, 2014 4:24am Nov 5, 2014 4:24am
Quoting FX-Ray
I wanna give another example: Look at the picture. Some of you might think now: "Dude, you got all that information, why dont you make money of it?" Simple: I CANT. Its scalping. (http://www.forexfactory.com/showthre...24#post7843924) I use it as another tool in my box, thats it. The fact you know something obvious doesnt mean you can trade it, that fact isnt obvious anyway. lol {image}
LOL ... that is a 1 minute chart. These give me head aches ...
Fix up, trade sharp ...
  • #15,258
  • Nov 5, 2014 4:36am Nov 5, 2014 4:36am
Quoting Hickson
{quote} LOL ... that is a 1 minute chart. These give me head aches ...
Nah, I dont trade it, for watching its fine
  • #15,259
  • Nov 5, 2014 4:46am Nov 5, 2014 4:46am
Price still stuck around 181.8 Then again, 181.80/90 was the previous resistance. It'll probably be around the same price or be a little higher by the time the US news comes in 2 hours 30 minutes.

What do you guys think?
  • #15,260
  • Nov 5, 2014 5:02am Nov 5, 2014 5:02am
Quoting Vermillion
Price still stuck around 181.8 Then again, 181.80/90 was the previous resistance. It'll probably be around the same price or be a little higher by the time the US news comes in 2 hours 30 minutes. What do you guys think?
It is totally unclear to me. I am flat.
Fix up, trade sharp ...
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