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Geppy's Geppy Thread (GBP/JPY)

  • #15,361
  • Nov 5, 2014 7:39am Nov 5, 2014 7:39am
Quoting workingforex
{quote} I did sell at the same level as well. How do you plan to adjust your stop on Sell units ? I did explain mine above, does that make sense to you ?
Yes it does, thats why I said "Finally..", finally you did some more work as usuall lol
  • #15,362
  • Nov 5, 2014 7:39am Nov 5, 2014 7:39am
Quoting FX-Ray
{quote} Thats ego, I prefer not to have one Thank you anyway
It is not, it is honesty. Here a chart showing that I am looking to follow your teachings (maybe also some amusement from the awful 30 second painting) LOL
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 59 KB
Fix up, trade sharp ...
  • #15,363
  • Nov 5, 2014 7:39am Nov 5, 2014 7:39am
Quoting albchr
{quote} ... A serious detriment in life. A sure killer in this business. Have a wonderful day Ray. A pleasure chatting and trading with you today.
Can't agree more Chris! Nice to meet you, although I am silent reader of your Corner since long! Bless you!
  • #15,364
  • Nov 5, 2014 7:40am Nov 5, 2014 7:40am
Quoting albchr
{quote} ... A serious detriment in life. A sure killer in this business. Have a wonderful day Ray. A pleasure chatting and trading with you today.
Thank you Chris, the pleasure is all mine Sir!
  • #15,365
  • Nov 5, 2014 7:42am Nov 5, 2014 7:42am
Quoting FX-Ray
{quote} Yes it does, thats why I said "Finally..", finally you did some more work as usuall lol
Lol... Took the BLUE PILL, told ya!

How do you adjust your stop on sell ones ?
  • #15,366
  • Nov 5, 2014 7:43am Nov 5, 2014 7:43am
Quoting workingforex
{quote} Lol... Took the BLUE PILL, told ya! How do you adjust your stop on sell ones ?
Since I dont know what is going to happen next, there is nothing I can do, if 182.625 gets printed I might get some at BE, thats it, otherwise, time will tell, as usuall. If I get stopped out, im done for today.
  • #15,367
  • Nov 5, 2014 7:48am Nov 5, 2014 7:48am
Quoting FX-Ray
{quote} Since I dont know what is going to happen next, there is nothing I can do, if 182.625 gets printed I might get some at BE, thats it, otherwise, time will tell, as usuall. If I get stopped out, im done for today.
did a hit and run for +26
  • #15,368
  • Nov 5, 2014 7:50am Nov 5, 2014 7:50am
Quoting AllyB
{quote} did a hit and run for +26
Dat was quick, awesome
  • #15,369
  • Nov 5, 2014 7:53am Nov 5, 2014 7:53am
Need to leave my desk for about a hour.(Since there is nothing I can do lol)
If it gets to 183.55; watch for a bounce to 183.20/00 for the upside, otherwise game plan is known. Be right back
  • #15,370
  • Nov 5, 2014 7:54am Nov 5, 2014 7:54am
Thanks, take care.
Fix up, trade sharp ...
  • #15,371
  • Nov 5, 2014 8:03am Nov 5, 2014 8:03am
Quoting FX-Ray
Need to leave my desk for about a hour.(Since there is nothing I can do lol) If it gets to 183.55; watch for a bounce to 183.20/00 for the upside, otherwise game plan is known. Be right back
Sure, have stops in place on both sides, will take a little coffee break as well, will keep updating Morpheus.
  • #15,372
  • Nov 5, 2014 8:48am Nov 5, 2014 8:48am
Im done for today, since there is no much action I wont take any trades today anymore.
Hope everyone had a good day. Tomorrow
  • #15,373
  • Nov 5, 2014 9:11am Nov 5, 2014 9:11am
Quoting FX-Ray
Im done for today, since there is no much action I wont take any trades today anymore. Hope everyone had a good day. Tomorrow
enjoy your time away from the computer see ya tomorrow
  • #15,374
  • Nov 5, 2014 9:36am Nov 5, 2014 9:36am
So far not stopped out, but almost by a few pips ... maybe the market makers take it up once again for my stops lol ... I always wonder how they go for such a small amount of money. Greed in perfection lol
Fix up, trade sharp ...
  • #15,375
  • Edited 10:57am Nov 5, 2014 10:21am | Edited 10:57am
Wow, I wake up, and here we are! Stuck right in that DP. What a surprise.

Just gonna hedge a position there for a small 20-ish pip gain, then see where it goes from there.

edit: Possible trend? Continuation of the bull move? An area like 182.400 seems significant if the markets a going for a drop, then bounce back towards the next DP
Attached Image (click to enlarge)
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  • #15,376
  • Nov 5, 2014 10:35am Nov 5, 2014 10:35am
Puh, the setup was looking good, but stopped out again ... I have the feeling the only thing I can do is pick the right direction, get stopped out by a few pips and it turns. Would not be surprised if this goes down for 200 or so now ... probably need a break again, this is mentally tough.
Fix up, trade sharp ...
  • #15,377
  • Nov 5, 2014 11:24am Nov 5, 2014 11:24am
I closed the long grid at 183.2, 10 positions starting from 169.75,, I guess looking around I see AJ and NJ starting to print undesirable candles on their dailys and I maybe wrong but now looking for a retrace to buy again. Im not taking any shorts in this area atm. closest I have atm is 182 ish by then it should be semi certain whats going to happen next with out stopping out a lot trying to pick the top.
  • #15,378
  • Nov 5, 2014 12:23pm Nov 5, 2014 12:23pm
Trying a little short here around 30 for maybe 60-80 pips.. Tight 10 pip stop, may have topped out for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-11-05 at 3.22.40 PM.png Size: 57 KB
There's always money in the banana stand.
  • #15,379
  • Nov 5, 2014 3:31pm Nov 5, 2014 3:31pm
Quoting LizardGizzard
Trying a little short here around 30 for maybe 60-80 pips.. Tight 10 pip stop, may have topped out for the day. {image}
Agreed. I shorted as well...

At some point, we'll have a healthy pull-back. Maybe now?
  • #15,380
  • Nov 5, 2014 4:36pm Nov 5, 2014 4:36pm
I just wanted to say that this pair, GBP/JPY, is disgustingly sick, of all the pairs (in a good way). I think I'm going to start focusing on it again!

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