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Geppy's Geppy Thread (GBP/JPY)

  • #16,801
  • Dec 10, 2014 1:08pm Dec 10, 2014 1:08pm
Quoting Geppy
Fresh lows for the day... will we take out yesterday's lows?
Would be nice to see. Only scalping myself in between running here. Flat as of now.

http://www.forexfactory.com/showthre...05#post7935005
Ghost Rider - WWTBMD?
  • #16,802
  • Dec 10, 2014 1:09pm Dec 10, 2014 1:09pm
Quoting Geppy
Fresh lows for the day... will we take out yesterday's lows?
Expecting big bounce at 184 and maybe resume uptrend.
Money never sleeps I can hear the dollar calling me
  • #16,803
  • Edited 1:22pm Dec 10, 2014 1:11pm | Edited 1:22pm
Quoting shivam332
{quote} Expecting big bounce at 184 and maybe resume uptrend.
To be more specific: Expect a bounce from 185, and the mother of all bounces around 184 if price drops after the bounce (intraday terms; not even short term)

I think 185 is still good enough to scalp; we have a solid support there. Of course, I am in no way suggesting that it will hold; only that you can sneak in a few extra dozen pips in profit.

I have a medium long (55,000) pending at 185.35. Will profit take profit between 186.4 to 187.80.
  • #16,804
  • Dec 10, 2014 1:16pm Dec 10, 2014 1:16pm
Quoting Vermillion
{quote} To be more specific: Expect a bounce from 185, and the mother of all bounces around 184 if price drops after the bounce (intraday terms; not even short term) I think 185 is still good enough to scalp; we have a solid support there. Of course, I am in no way suggesting that it will hold; only that you can sneak in a few extra dozen pips in profit. I have a medium long (55,000) pending at 185.35. Will profit take profit between 186.4 to 187.80. A
Yeah, 185 still a very good point to long but IMO I will take bigger risk at 184. I'm aiming at 191-193.
Money never sleeps I can hear the dollar calling me
  • #16,805
  • Dec 10, 2014 2:01pm Dec 10, 2014 2:01pm
Reloaded long at 185.30 for 0.55 lots. Awaiting bounce back up to 186.40/70, and 187.80 if the initial area is breached.
  • #16,806
  • Dec 10, 2014 2:05pm Dec 10, 2014 2:05pm
Quoting Geppy
Fresh lows for the day... will we take out yesterday's lows?
Lows busted. Where to now? I just finished detailing me thoughts: http://www.forexmademillionaire.com/...-find-support/
check out my blog: forexmademillionaire dot com
  • #16,807
  • Dec 10, 2014 2:06pm Dec 10, 2014 2:06pm
Quoting Vermillion
{quote} Doubt it. It'll likely bounce off around 185 at the worst case, but I don't know what happens once the bounce reaches around 186.40/70. We might test the pivot point resistance of 187.8, but I'd say that after this bounce, we'll have a definite chance for even lower prices for the geppy. I just managed to break even after operating in hundreds of dollars in losses from the geppy. Market is insane. My weekly profit stands at a measly $440 right now edit: Typo. $240 was supposed to be $440. I say this is profit is "measly" because...
I hear ya, man. I blew a bunch of my tiny account yesterday. Seeing what I can get back now!
check out my blog: forexmademillionaire dot com
  • #16,808
  • Dec 10, 2014 2:08pm Dec 10, 2014 2:08pm
Quoting Vermillion
Reloaded long at 185.30 for 0.55 lots. Awaiting bounce back up to 186.40/70, and 187.80 if the initial area is breached.
I don't see the argument for 185, but I'm not an intraday guy really. More of a multi-day trend trader so it could be... just not for my style.
check out my blog: forexmademillionaire dot com
  • #16,809
  • Dec 10, 2014 2:10pm Dec 10, 2014 2:10pm
Quoting Geppy
{quote} I don't see the argument for 185, but I'm not an intraday guy really. More of a multi-day trend trader so it could be... just not for my style.
At 185, because it's a psychological support AND a previously tested low, it'll bounce back to 185.40/70 minimum.

Actually, it just did that. Oh wow.

My longs are safe. Stop loss is above break even.

......Still doesn't change the fact that I'm risking 1.05 lots right now.
  • #16,810
  • Dec 10, 2014 2:12pm Dec 10, 2014 2:12pm
Quoting Vermillion
{quote} At 185, because it's a psychological support AND a previously tested low, it'll bounce back to 185.40/70 minimum. Actually, it just did that. Oh wow.
Haha, yeah she's breathing fire right now. If you bought 185, I'd advise protecting profits. She could turn on a dime again!
check out my blog: forexmademillionaire dot com
  • #16,811
  • Dec 10, 2014 2:58pm Dec 10, 2014 2:58pm
I know ... I'm crazy Geppy! ...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 57 KB
Ghost Rider - WWTBMD?
  • #16,812
  • Dec 10, 2014 4:28pm Dec 10, 2014 4:28pm
Quoting albchr
I know ... I'm crazy Geppy! ... {image}
WHAT?!?!?! Who told you??
check out my blog: forexmademillionaire dot com
  • #16,813
  • Dec 10, 2014 4:32pm Dec 10, 2014 4:32pm
Quoting Geppy
{quote} WHAT?!?!?! Who told you??
Just those silly old charts bro. ... Don't know if you're messing with other pairs these days but might want to have a glance at EA. Still in a nice spot.
Ghost Rider - WWTBMD?
  • #16,814
  • Dec 10, 2014 4:42pm Dec 10, 2014 4:42pm
Quoting albchr
{quote} Just those silly old charts bro. ... Don't know if you're messing with other pairs these days but might want to have a glance at EA. Still in a nice spot.
I haven't been. I tend to focus in on one or maybe two pairs at a time. Just too much else I have going on, I'd never be able to keep it all straight.

But glancing at the chart, it looks exactly like geppy's.
check out my blog: forexmademillionaire dot com
  • #16,815
  • Dec 10, 2014 5:33pm Dec 10, 2014 5:33pm
Quoting Geppy
{quote} I haven't been. I tend to focus in on one or maybe two pairs at a time. Just too much else I have going on, I'd never be able to keep it all straight. But glancing at the chart, it looks exactly like geppy's.
Like you I have so much other stuff going on I haven't worked out the target yet (probably about 1.4704ish at first glance). But the entry I've been looking at for a couple weeks. Here we are.

I won't post anymore non Geppy charts here bro. Just so you can take a look. Have a great night buddy.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 64 KB
Ghost Rider - WWTBMD?
  • #16,816
  • Dec 10, 2014 5:40pm Dec 10, 2014 5:40pm
Quoting albchr
{quote} Like you I have so much other stuff going on I haven't worked out the target yet (probably about 1.4704ish at first glance). But the entry I've been looking at for a couple weeks. Here we are. I won't post anymore non Geppy charts here bro. Just so you can take a look. Have a great night buddy. {image}
Nice entry, sir! You seem to be firing on all cylinders from what I can tell since I've been back. Keep it up.
check out my blog: forexmademillionaire dot com
  • #16,817
  • Dec 10, 2014 6:23pm Dec 10, 2014 6:23pm
Quoting Geppy
{quote} Nice entry, sir! You seem to be firing on all cylinders from what I can tell since I've been back. Keep it up.
Thanks Geppy Just added one at 1.49838 ... lol
Ghost Rider - WWTBMD?
  • #16,818
  • Edited Dec 11, 2014 3:36am Dec 10, 2014 7:25pm | Edited Dec 11, 2014 3:36am
If 185 doesn't hold


183.3/9

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh4.png Size: 41 KB
  • #16,819
  • Dec 11, 2014 5:09am Dec 11, 2014 5:09am
The reason for my comment about 185 is that it could POSSIBLY be a bottom. Fade under 185 and it continues south. Any rapid move now up over 186.5 to 187 means it was playing a game and it's getting ready to launch higher already.
  • #16,820
  • Dec 11, 2014 9:39am Dec 11, 2014 9:39am
Well, I can't seem to get it right this week. I'm done until Monday.
check out my blog: forexmademillionaire dot com
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