Geppy's Geppy Thread (GBP/JPY) | Page 860 | 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)

  • #17,181
  • Feb 10, 2015 5:38am Feb 10, 2015 5:38am
Quoting smash1820
{quote} I hope you are talking about the Monthly chart tho
Hi Smash. That was with reference to the 189 high/168 low. The TL that I talk about is weekly, dating back to the failed intervention in Oct 2011 and every single event since then - the 133.5 rally, the 147 peak, the BOJ rally and 'gap' at 149, the market at 159, the Scottish referendum at at 174.5 etc etc.

So now it's dropped out again but is having a hard time getting back up - so far. It either needs a better retracement, an awful lot of strength ... or something has changed.
  • #17,182
  • Feb 10, 2015 6:04am Feb 10, 2015 6:04am
Quoting Mpt
{quote} Hi Smash. That was with reference to the 189 high/168 low. The TL that I talk about is weekly, dating back to the failed intervention in Oct 2011 and every single event since then - the 133.5 rally, the 147 peak, the BOJ rally and 'gap' at 149, the market at 159, the Scottish referendum at at 174.5 etc etc. So now it's dropped out again but is having a hard time getting back up - so far. It either needs a better retracement, an awful lot of strength ... or something has changed.
Hey Mpt! Sorry, probably should have said HI first

That's cool... I know we trade in different ways, and I am starting to take that into account. To each his own.

But you must know that 168 (low) - 189 (high) is an awful wide range. It took months and maybe even close to a year to complete that range. I'm not sure if the average Forex Factory trader has that kind of patience (I know I don't).
Please check out my blog at https://from-zero-to-hero . net
  • #17,183
  • Feb 10, 2015 6:18am Feb 10, 2015 6:18am
Quoting smash1820
{quote} Hey Mpt! Sorry, probably should have said HI first That's cool... I know we trade in different ways, and I am starting to take that into account. To each his own. But you must know that 168 (low) - 189 (high) is an awful wide range. It took months and maybe even close to a year to complete that range. I'm not sure if the average Forex Factory trader has that kind of patience (I know I don't).
six weeks
  • #17,184
  • Feb 10, 2015 4:41pm Feb 10, 2015 4:41pm
Oh, my bad, LOL

I thought you were talking about the wider TL that you mentioned from Oct 2011.
Please check out my blog at https://from-zero-to-hero . net
  • #17,185
  • Edited Feb 11, 2015 12:27am Feb 10, 2015 8:28pm | Edited Feb 11, 2015 12:27am
Possible failure in the anticipated 182.4 area in what appears as a rising wedge but it may yet break up into 182.6/7. Over that, it probably heads for the 184 area next. Bearishness is only supported with a fall below wedge centre at 182.1/2 and only confirmed with a fall back to the start of the 'wedge' at about 181.5 and a failed retest.
  • #17,186
  • Edited Feb 11, 2015 12:14am Feb 10, 2015 11:33pm | Edited Feb 11, 2015 12:14am
Regardless, we're still in or at the end of a five wave trend, this move up from 180.1 being wave 5 or E and at this time the present wave has travelled 0.618 the length of A. Good overstretched conditions on multiple time frames, possible rising wedge maybe having finished 5 waves, good horizontal level resistance, concurrent with previous descending trend line, hard up against daily 50 simple moving average and reasonable lower time frame divergence coming in. Uj maybe close to completing its triangle D wave??

And in spite of all that, it'll go up!
  • #17,187
  • Feb 11, 2015 2:34am Feb 11, 2015 2:34am
Short at 118.8, tp 118.5
small lot.
will see.
  • #17,188
  • Feb 11, 2015 2:44am Feb 11, 2015 2:44am
182.9. The 61.8 retracement of the move 187.6 ~ 174.4. Ugh!!
  • #17,189
  • Feb 11, 2015 2:54am Feb 11, 2015 2:54am
Quoting Idkurv
Short at 118.8, tp 118.5 small lot. will see.


A short from me too.......
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 39 KB
80% effort, 20% luck
  • #17,190
  • Feb 11, 2015 3:04am Feb 11, 2015 3:04am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_H4.gif Size: 193 KB
  • #17,191
  • Feb 11, 2015 3:15am Feb 11, 2015 3:15am
Guys, it may just be a minor rejection from a fib level. But it was a good stop there. Best to wait. But if it were to stop here, the bullish outlook could be in trouble
  • #17,192
  • Feb 11, 2015 3:32am Feb 11, 2015 3:32am
Quoting KOS-fx
{quote} A short from me too....... {image}
Stop out........
80% effort, 20% luck
  • #17,193
  • Feb 11, 2015 4:08am Feb 11, 2015 4:08am
The next possible place is 183.2
  • #17,194
  • Feb 11, 2015 6:58am Feb 11, 2015 6:58am
182.65 support next n swing area 184.5-183.4
  • #17,195
  • Feb 23, 2015 10:29pm Feb 23, 2015 10:29pm
May continue a bit higher, but I believe the beast is at or is approaching levels where it will be sold off 5-10% from... I look forward to buying it after that happens, but for now I'm considering shorts.
  • #17,196
  • Feb 23, 2015 10:55pm Feb 23, 2015 10:55pm
Failing to crack 184 is clear indication of bearishness in the beast. So either short or stay away is the trade in my view.
  • #17,197
  • Feb 24, 2015 1:43am Feb 24, 2015 1:43am
invalidated
  • #17,198
  • Mar 2, 2015 6:55pm Mar 2, 2015 6:55pm
Focus on which direction will she go.
Attached Image (click to enlarge)
Click to Enlarge Name: 00.jpg Size: 72 KB
  • #17,199
  • Apr 9, 2015 12:07am Apr 9, 2015 12:07am
Where is everyone?
Shorted GJ with sl at 179.30 tp 177.
Money never sleeps I can hear the dollar calling me
  • #17,200
  • Apr 9, 2015 7:36am Apr 9, 2015 7:36am
Quoting shivam332
Where is everyone? Shorted GJ with sl at 179.30 tp 177.
Closed all shorts
Money never sleeps I can hear the dollar calling me
1 trader viewing now