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Geppy's Geppy Thread (GBP/JPY)

  • #16,541
  • Nov 20, 2014 3:47am Nov 20, 2014 3:47am
185.200 off and short sl on the top of this 4 hour target 183 and then the line
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  • #16,542
  • Nov 20, 2014 4:17am Nov 20, 2014 4:17am
i think it is heading for 186.87 which is the target ( 161.8% of wave 1 of wave 5 ) of wave 3 of wave 5...

anyone else who is having similar analysis?
  • #16,543
  • Nov 20, 2014 4:34am Nov 20, 2014 4:34am
Anyone got long or short there?
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  • #16,544
  • Nov 20, 2014 4:36am Nov 20, 2014 4:36am
Decision points E/U for today 2014.11.20:
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  • #16,545
  • Nov 20, 2014 4:36am Nov 20, 2014 4:36am
Quoting elbert3
185.200 off and short sl on the top of this 4 hour target 183 and then the line {image}
Hi elbert ... sometimes a few verbs would make your sentences easier to understand lol regards, hope doing fine.
Fix up, trade sharp ...
  • #16,546
  • Nov 20, 2014 4:37am Nov 20, 2014 4:37am
Quoting FX-Ray
Anyone got long or short there? {image}
Hi FX-Ray, no, currently flat on G/J, have a long on E/J from 1.4818
If G/J rejects the lower DPs once again, I might add longs here.
Fix up, trade sharp ...
  • #16,547
  • Nov 20, 2014 4:40am Nov 20, 2014 4:40am
Quoting Hickson
{quote} Hi FX-Ray, no, currently flat on G/J, have a long on E/J from 1.4818 If G/J rejects the lower DPs once again, I might add longs here.
If daily cant close above 185.20/00 probable sell-off to 182.80/60
It rejected halfway of 187.20/00 and 185.20/00 at 186.10; I think it depends on 185.20/00 now, if support next 187.20/00
  • #16,548
  • Nov 20, 2014 4:43am Nov 20, 2014 4:43am
Quoting FX-Ray
{quote} If daily cant close above 185.20/00 probable sell-off to 182.80/60 It rejected halfway of 187.20/00 and 185.20/00 at 186.10; I think it depends on 185.20/00 now, if support next 187.20/00
This is so high now, I wonder if retracements to 179 levels are off the table for now ... I think I will buy almost any 200-300 pip dip now lol
Fix up, trade sharp ...
  • #16,549
  • Nov 20, 2014 4:44am Nov 20, 2014 4:44am
Quoting FX-Ray
Decision points E/U for today 2014.11.20: {image}
DP 1.2568/66 and DP 1.2504/02 are current daily high and low. Nice rejection of both. 1.2534/32 and 1.2526/24 acts as pivots; Target upside are 1.2596/90/86; Targets downside: 1.2476/74;
Pretty defined the daily range, it depends on US-Session imho. If enough vola one of those should be hit today.
  • #16,550
  • Nov 20, 2014 4:44am Nov 20, 2014 4:44am
Quoting MudraGuru
i think it is heading for 186.87 which is the target ( 161.8% of wave 1 of wave 5 ) of wave 3 of wave 5... anyone else who is having similar analysis?
right now it may retrace till 184.65
  • #16,551
  • Nov 20, 2014 4:45am Nov 20, 2014 4:45am
Quoting Hickson
{quote} This is so high now, I wonder if retracements to 179 levels are off the table for now ... I think I will buy almost any 200-300 pip dip now lol
I wouldnt be sure about that; If something is certain with dragon then its unprobable sentiment change.

Add: It wont change the fundamentals anyway.
  • #16,552
  • Nov 20, 2014 4:48am Nov 20, 2014 4:48am
Quoting FX-Ray
{quote} DP 1.2568/66 and DP 1.2504/02 are current daily high and low. Nice rejection of both. 1.2534/32 and 1.2526/24 acts as pivots; Target upside are 1.2596/90/86; Targets downside: 1.2476/74; Pretty defined the daily range, it depends on US-Session imho. If enough vola one of those should be hit today.
Information on large OE point higher if you believe this.
Fix up, trade sharp ...
  • #16,553
  • Nov 20, 2014 4:51am Nov 20, 2014 4:51am
Quoting Hickson
{quote} Information on large OE point higher if you believe this.
It doesnt matter what I believe as long as Im on the right side of the trade
  • #16,554
  • Nov 20, 2014 4:52am Nov 20, 2014 4:52am
Quoting FX-Ray
{quote} It doesnt matter what I believe as long as Im on the right side of the trade
Yes, but my point was if you believe that knowing these things is helpful.
Fix up, trade sharp ...
  • #16,555
  • Nov 20, 2014 4:53am Nov 20, 2014 4:53am
Quoting Hickson
{quote} Yes, but my point was if you believe that knowing these things is helpful.
Yeah maybe but I dont know tbh
  • #16,556
  • Nov 20, 2014 5:10am Nov 20, 2014 5:10am
Quoting FX-Ray
{quote} It doesnt matter what I believe as long as Im on the right side of the trade
Words from the wise right there.
  • #16,557
  • Nov 20, 2014 6:56am Nov 20, 2014 6:56am
Trades today

E/U: short at DP 1.2568/66ish (http://www.forexfactory.com/showthre...39#post7886739)
G/J: long at DP 185.20/00ish

News in t-5Min; gonna risk it at E/U: R:R is reasonable. Good Luck everyone.
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  • #16,558
  • Nov 20, 2014 7:04am Nov 20, 2014 7:04am
Quoting FX-Ray
Trades today E/U: short at DP 1.2568/66ish (http://www.forexfactory.com/showthre...39#post7886739) G/J: long at DP 185.20/00ish News in t-5Min; gonna risk it at E/U: R:R is reasonable. Good Luck everyone. {image} {image}
Took partials at 34ish; SL at +11
  • #16,559
  • Nov 20, 2014 7:06am Nov 20, 2014 7:06am
Quoting FX-Ray
{quote} Took partials at 34ish; SL at +11
Vely, vely nice ... I only caught G/U at 1.5730 ... want to hold for 1.53xx if it goes.
Fix up, trade sharp ...
  • #16,560
  • Nov 20, 2014 7:07am Nov 20, 2014 7:07am
Quoting Hickson
{quote} Vely, vely nice ... I only caught G/U at 1.5730 ... want to hold for 1.53xx if it goes.
If its able to overcome 34/32 & 26/24, 04/02 is next, optimally 1.2476/74
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