Geppy's Geppy Thread (GBP/JPY) | Page 782 | 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)

  • #15,621
  • Nov 7, 2014 2:23am Nov 7, 2014 2:23am
Quoting FX-Ray
{quote} Yes most of the time I ignore 'PA' because of the fact I cant predict anything and dont know anything. (http://www.forexfactory.com/showthre...99#post7845699)
Thats not sexy, dats sexy: http://www.forexfactory.com/showthre...14#post7851414
  • #15,622
  • Nov 7, 2014 2:23am Nov 7, 2014 2:23am
Quoting albchr
{image}
Ahh men you scaring me with that chart Maybe I should place a TP target.
  • #15,623
  • Nov 7, 2014 2:27am Nov 7, 2014 2:27am
Quoting FX-Ray
{quote} You got a great position chris, I mean its probable we get stopped out, its just another trade, if it refuse to make a deeper correction I might get long at 183.20/00
Quite possible Ray. It will be USD noise related today. That's why I added a smaller target area as well. By the ratios it's a sound plan but data can shoot down any plan in an instant. It'll be interesting to see if it works out. Since the worst I can do is +50 on this one and the already banked 51 on the other one, it's worth holding short.
Ghost Rider - WWTBMD?
  • #15,624
  • Nov 7, 2014 2:28am Nov 7, 2014 2:28am
Quoting albchr
{quote} Quite possible Ray. It will be USD noise related today. That's why I added a smaller target area as well. By the ratios it's a sound plan but data can shoot down any plan in an instant. It'll be interesting to see if it works out. Since the worst I can do is +50 on this one and the already banked 51 on the other one, it's worth holding short.
Indeed, nothing we can do about. Just wait and see, I already accepted the fact being stopped out, so all fine
  • #15,625
  • Nov 7, 2014 2:28am Nov 7, 2014 2:28am
Quoting IveGotQuads
{quote} Ahh men you scaring me with that chart Maybe I should place a TP target.
No sir, you trade your plan only. You may be seeing something I'm not. (But I know you already know that)

Played properly, we can both win.
Ghost Rider - WWTBMD?
  • #15,626
  • Nov 7, 2014 2:30am Nov 7, 2014 2:30am
Quoting albchr
{image}
now how did you manage to sell "almost" the very top of the days high

edit getting cold there?
  • #15,627
  • Nov 7, 2014 2:31am Nov 7, 2014 2:31am
Quoting albchr
{quote} No sir, you trade your plan only. You may be seeing something I'm not. (But I know you already know that) Played properly, we can both win.
No Chris, I see way less than you because I ignored all the garbage below 183.20/00; If I had payed attention I already bailed out because of fear/greed.

http://www.forexfactory.com/showthre...01#post7851501
  • #15,628
  • Nov 7, 2014 2:32am Nov 7, 2014 2:32am
Quoting FX-Ray
{quote} Thats not sexy, dats sexy: http://www.forexfactory.com/showthre...14#post7851414
you got that right
  • #15,629
  • Nov 7, 2014 2:33am Nov 7, 2014 2:33am
Quoting FX-Ray
{quote} Yes most of the time I ignore 'PA' because of the fact I cant predict anything and dont know anything. (http://www.forexfactory.com/showthre...93#post7851493) *Link
So you hold until the next point then, with zero compromise. Gotcha.
  • #15,630
  • Nov 7, 2014 2:34am Nov 7, 2014 2:34am
Quoting FX-Ray
{quote} Indeed, nothing we can do about. Just wait and see, I already accepted the fact being stopped out, so all fine
Indeed. Since risk is the only thing we can control, it must be "predefined and accepted" before placing any trade.

I read an interesting piece several years ago by a guy who was working on his own mental framework. To help himself on accepting risk he would actually "physically" write a check for the potential cost of a trade. He'd then tear it up and throw it away. It was his personal way of accepting the money was already gone.
Ghost Rider - WWTBMD?
  • #15,631
  • Nov 7, 2014 2:36am Nov 7, 2014 2:36am
Quoting FX-Ray
{quote} Thats not sexy, dats sexy: http://www.forexfactory.com/showthre...14#post7851414
Now that's a SURE thing. ...
Ghost Rider - WWTBMD?
  • #15,632
  • Nov 7, 2014 2:36am Nov 7, 2014 2:36am
When you open a trading account you probably have to accept that the money is already gone ... I did not do that with my first.
Fix up, trade sharp ...
  • #15,633
  • Nov 7, 2014 2:37am Nov 7, 2014 2:37am
Quoting albchr
{quote} Indeed. Since risk is the only thing we can control, it must be "predefined and accepted" before placing any trade. I read an interesting piece several years ago by a guy who was working on his own mental framework. To help himself on accepting risk he would actually "physically" write a check for the potential cost of a trade. He'd then tear it up and throw it away. It was his personal way of accepting the money was already gone.
Chris, you just dropped some wisdom here.

Thats the real hard work.
  • #15,634
  • Nov 7, 2014 2:37am Nov 7, 2014 2:37am
Quoting AllyB
{quote} now how did you manage to sell "almost" the very top of the days high edit getting cold there?
Eh ... you know sweetie ... Blind squirrel ... nuts .... you know the rest. ...

Off an on with the temps. Had a frost already and then a 68 degree day. Right now it's 45 at 5:30am. Praying it holds off a little more as I still have much to move.
Ghost Rider - WWTBMD?
  • #15,635
  • Nov 7, 2014 2:39am Nov 7, 2014 2:39am
I mean just look at the chart, everything below 183.20/00; I can count you at least 6 highs traders got out because of fear giving profits away, I totally ignored that because I know I cant predict shit below 183.20/00
  • #15,636
  • Nov 7, 2014 2:41am Nov 7, 2014 2:41am
Quoting albchr
{quote} Now that's a SURE thing. ...
now your making me thirsty
  • #15,637
  • Nov 7, 2014 2:41am Nov 7, 2014 2:41am
That impact was impressive..
Attached Image (click to enlarge)
Click to Enlarge Name: impact.png Size: 39 KB
  • #15,638
  • Nov 7, 2014 2:43am Nov 7, 2014 2:43am
Quoting FX-Ray
{quote} Yes most of the time I ignore 'PA' because of the fact I cant predict anything and dont know anything. (http://www.forexfactory.com/showthre...93#post7851493) *Link
I've actually changed PA to PS. Price "Action" means nothing to me anymore. Price "Structure" is everything.
Ghost Rider - WWTBMD?
  • #15,639
  • Nov 7, 2014 2:44am Nov 7, 2014 2:44am
Quoting AllyB
{quote} now your making me thirsty
That's funny Ally, with me it was more a hunger. ... lol
Ghost Rider - WWTBMD?
  • #15,640
  • Nov 7, 2014 2:46am Nov 7, 2014 2:46am
Quoting albchr
{quote} That's funny Ally, with me it was more a hunger. ... lol

You guys always make me thirsty or hungry at the wrong time!

1 trader viewing now