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Geppy's Geppy Thread (GBP/JPY)

  • #17,401
  • Jul 6, 2016 7:31pm Jul 6, 2016 7:31pm
Quoting Mulegrinder
Hey Geppy, I'm always learning... any chance you could give us quick bullet points as to what we should be looking for on your chart. I know your time is valuable, but I figure it can't hurt to ask. Thank you, Mule
I noted the fibs and SMA's. If you aren't familiar with those or what they are, I'd do some basic Googling and research. I'd say my charts are pretty friendly to beginners that have a grasp on the basics. But if you really don't know much at all yet, you'll be lost.
check out my blog: forexmademillionaire dot com
  • #17,402
  • Jul 6, 2016 7:32pm Jul 6, 2016 7:32pm
Thanks for the guidance. I'll do some research.
  • #17,403
  • Jul 6, 2016 7:33pm Jul 6, 2016 7:33pm
Quoting mbahbejo
Open gas after corner, buy now full LOT with TP 132
Curious what your basis for the trade is.
check out my blog: forexmademillionaire dot com
  • #17,404
  • Jul 6, 2016 7:58pm Jul 6, 2016 7:58pm
Hey Geppy..been following you for a week now and like your analysis! Do you set a trail stop or manual stop? I've only been trading for 4 months and always get burned when setting a trial, usually at 50.
  • #17,405
  • Jul 6, 2016 11:51pm Jul 6, 2016 11:51pm
I just followed the flow of the trend because I do not have the expertise to analyze price movements like Geppy do. So if I win then it is a blessing for me, and if I lose then it is just a bad luck. I really love this thread , the best and only

My short position for today,
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  • #17,406
  • Jul 6, 2016 11:55pm Jul 6, 2016 11:55pm
Quoting Cm7
I just followed the flow of the trend because I do not have the expertise to analyze price movements like Geppy do. So if I win then it is a blessing for me, and if I lose then it is just a bad luck. I really love this thread , the best and only My short position for today, {image}
Sell 131,160 Target 128,000 SL 132,160
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  • #17,407
  • Jul 7, 2016 4:15am Jul 7, 2016 4:15am
I am new trader... and I am looking for patterns.

Anyone agree with me?

Tks guys
Dex
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  • #17,408
  • Jul 7, 2016 6:49am Jul 7, 2016 6:49am
where's the retracement to sell again?
  • #17,409
  • Jul 7, 2016 7:09am Jul 7, 2016 7:09am
SL had almost been hit, only less than 20 pips
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  • #17,410
  • Jul 7, 2016 9:45am Jul 7, 2016 9:45am
Hey gang, I'm not loving price action so I'm out of my shorts for now. A retest of the low 133's definitely seems like a possibility right now. Not sure, but staying out until things become a bit clearer.

I've also got a busy day today in general, so probably won't be at the charts much.
check out my blog: forexmademillionaire dot com
  • #17,411
  • Jul 7, 2016 9:56am Jul 7, 2016 9:56am
Quoting Geppy
Hey gang, I'm not loving price action so I'm out of my shorts for now. A retest of the low 133's definitely seems like a possibility right now. Not sure, but staying out until things become a bit clearer. I've also got a busy day today in general, so probably won't be at the charts much.
Okay brother, I am out too profit 60 pips.
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  • #17,412
  • Jul 7, 2016 10:16am Jul 7, 2016 10:16am
Quoting Cm7
{quote} Okay brother, I am out too profit 60 pips. {image}
I wouldn't recommend blindly following me. In fact, I closed my shorts about 100 pips higher than we are now. I wish I'd held out longer.
check out my blog: forexmademillionaire dot com
  • #17,413
  • Jul 7, 2016 10:18am Jul 7, 2016 10:18am
Bias is still down- GJ will test the low again and probably will break it. Sell on the rally .

GL to you all
  • #17,414
  • Jul 7, 2016 10:23am Jul 7, 2016 10:23am
Quoting vodanh
Bias is still down- GJ will test the low again and probably will break it. Sell on the rally . GL to you all
Agree 100%. I'm just not sure it's ready to continue down quite yet.

I've been wrong before though, so we'll see
check out my blog: forexmademillionaire dot com
  • #17,415
  • Jul 7, 2016 1:29pm Jul 7, 2016 1:29pm
Quoting Mulegrinder
Thanks for the guidance. I'll do some research.
Hello and welcome to this community. Let me be the first to say " sorry" about the rude response you got from Geppy. For some reason when people are sitting on red positions as Geppy was after your asked him the question, they tend to take it out on other people. Let me be the first to tell you that Geppy and his charts aren"t whay you want to follow. You can see after his recommendation the price shot up and then magically he got out of the position. What makes me laugh is now he is undecided as to what to do about GJ as he "doesnt like the price action". Geppy almost ever post a chart which reveals his entry and he NEVER post his stop loss. That my friend isn't a persom to folloe as he is only here to promote his website in order to get people to subscribe to his service. Why he isn't a commerical memember is beyond me. Good luck on your forex journey and it will go better without following Geppy.
@GJscalper I've turned a new leaf. No more trolling.
  • #17,416
  • Jul 7, 2016 2:00pm Jul 7, 2016 2:00pm
Quoting GJscalper
{quote} Hello and welcome to this community. Let me be the first to say " sorry" about the rude response you got from Geppy. For some reason when people are sitting on red positions as Geppy was after your asked him the question, they tend to take it out on other people. Let me be the first to tell you that Geppy and his charts aren"t whay you want to follow. You can see after his recommendation the price shot up and then magically he got out of the position. What makes me laugh is now he is undecided as to what to do about GJ as he "doesnt like...
I have to quote this because it's such a joke. EVERYONE here knows how much analysis, charts, and positions I post. You're just pathetic, man. You blew your account and now you come around here talking crap.

#blocked
check out my blog: forexmademillionaire dot com
  • #17,417
  • Jul 7, 2016 3:00pm Jul 7, 2016 3:00pm
Long the gpd/jpy
  • #17,418
  • Jul 7, 2016 3:12pm Jul 7, 2016 3:12pm
Quoting mozart4646
Long the gpd/jpy
Yeah? I was thinking about it too, but haven't pulled the trigger. Would love to see your charts/thoughts/analysis.
check out my blog: forexmademillionaire dot com
  • #17,419
  • Jul 7, 2016 3:35pm Jul 7, 2016 3:35pm
Quoting mozart4646
Long the gpd/jpy
What?


I would not build a long position from this price action unless you want to scalp. personally I think GJ is hitting 125 area level this month. From there I will be changing my bias to the upside. Otherwise I am bearish GJ
  • #17,420
  • Jul 7, 2016 3:53pm Jul 7, 2016 3:53pm
Quoting vodanh
{quote} What? I would not build a long position from this price action unless you want to scalp. personally I think GJ is hitting 125 area level this month. From there I will be changing my bias to the upside. Otherwise I am bearish GJ
I'm not sure it's the craziest idea I've heard. I just posted today's daily update: http://www.forexmademillionaire.com/...oundup-772016/

And I think GBP/JPY longs could actually make sense. A test of 133.20 would make a lot of sense. That doesn't mean it must happen, it'd just make sense and probably be good for the long-term down trend.

Taking longs here with a stop at about 129.00 provides a 1:6 risk/reward ratio. I think that's a fine trade, and have more details on my thoughts in that post.

I just wish that guy, and anyone posting trade ideas, would post some analysis along with it. Otherwise it's not really contributing to the thread.
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