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Geppy's Geppy Thread (GBP/JPY)

  • #17,701
  • Jul 14, 2016 10:33pm Jul 14, 2016 10:33pm
Quoting goldgirl
Saw flat price last night at 140ish. Reentered long at 140.27. Hopefully make it through to 144
I see it stopping at 144.30ish which is the 50% retracement level for the FIB from the pre BREXIT high to the post BREXIT low. Also happens to be the 4hr 200MA, like GEPPY, I like when MAs and Fibs come together...They always seems to provide solid resistance/support.

I signed up on Patreon, others should consider it too... Baby Geppy deserves a college fund!


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  • #17,702
  • Jul 14, 2016 10:40pm Jul 14, 2016 10:40pm
Quoting samsonite
{quote} I see it stopping at 144.30ish which is the 50% retracement level for the FIB from the pre BREXIT high to the post BREXIT low. Also happens to be the 4hr 200MA, like GEPPY, I like when MAs and Fibs come together...They always seems to provide solid resistance/support. I signed up on Patreon, others should consider it too... Baby Geppy deserves a college fund! {image}
Hey Samsonite. Yes, I had the same fib levels you show. But when I zoomed out to the weekly chart, it made more sense to me to use the week of 5/30/2016 as the starting point since we haven't seen a correction since then:

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I don't think either is right or wrong, but I've adjusted my expectations to that one.

And thanks for the kind words. Mrs. Geppy, baby geppy, and our 6-month puppy Pippa (pip for short, obviously ) just went for our first walk. Baby geppy has been a bit sheltered until now since he came so premature. But he's doing great!
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  • #17,703
  • Jul 14, 2016 10:45pm Jul 14, 2016 10:45pm
Also keeping an eye on this trend line that could offer resistance on the upside here:
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  • #17,704
  • Jul 14, 2016 10:48pm Jul 14, 2016 10:48pm
Any energy left on this rip? AUD/JPY seems to be trending down on the 5min.
  • #17,705
  • Jul 14, 2016 10:53pm Jul 14, 2016 10:53pm
Quoting Mulegrinder
Any energy left on this rip? AUD/JPY seems to be trending down on the 5min.
I personally think there's a lot left. I wouldn't be surprised to see this spill over all the way through New York.
check out my blog: forexmademillionaire dot com
  • #17,706
  • Jul 14, 2016 10:55pm Jul 14, 2016 10:55pm
Quoting Geppy
{quote} I personally think there's a lot left. I wouldn't be surprised to see this spill over all the way through New York.
Thank you for the quick reply, sir. I am looking to move into an overnight position.
  • #17,707
  • Jul 14, 2016 10:59pm Jul 14, 2016 10:59pm
Quoting Mulegrinder
{quote} Thank you for the quick reply, sir. I am looking to move into an overnight position.
Yeah I may take a stab myself even though I was going to sit the rest of the week out. Busy day tomorrow for me.

I'm watching the 5-minute for a retrace, hopefully below 142.50 or so.
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  • #17,708
  • Jul 14, 2016 11:39pm Jul 14, 2016 11:39pm
Quoting Geppy
{quote} Trust me brother, I trade this baby long and short.
450 pips later...

Next significant level coming up.
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  • #17,709
  • Jul 15, 2016 12:09am Jul 15, 2016 12:09am
I just took a stab with longs at 141.50. Let's see if she's got more in the tank!
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  • #17,710
  • Jul 15, 2016 12:11am Jul 15, 2016 12:11am
Quoting Geppy
I just took a stab with longs at 141.50. Let's see if she's got more in the tank!
I'm going in on people talking crap about you as a analyst and FMM group on the other gj page
  • #17,711
  • Jul 15, 2016 12:19am Jul 15, 2016 12:19am
Quoting FSUtrader
{quote} I'm going in on people talking crap about you as a analyst and FMM group on the other gj page
Haha, thanks brother! Always gonna be haters. Sad how some people put down others to compensate for their own shortcomings.
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  • #17,712
  • Jul 15, 2016 12:23am Jul 15, 2016 12:23am
just had a rant there myself, not far off blocking the thread
  • #17,713
  • Jul 15, 2016 12:23am Jul 15, 2016 12:23am
Buy GBPJPY
Entry: 141.6 Target: 143.3 Stop: 141

Buy GBPJPY now. Buy Usdjpy too
  • #17,714
  • Jul 15, 2016 12:30am Jul 15, 2016 12:30am
Quoting nimbinsstone
just had a rant there myself, not far off blocking the thread
Mots pointless guys. Trying to reason with an illogical person is impossible. Don't waste your time. He's making insane claims and only a small portion of people will take him seriously.

Must don't ask him to see all his old, busted trade explorers.
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  • #17,715
  • Jul 15, 2016 12:32am Jul 15, 2016 12:32am
last comment on it all. There's a reason this thread is higher quality than dragon riders. Gjscalper is blocked from postin here
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  • #17,716
  • Jul 15, 2016 1:02am Jul 15, 2016 1:02am
Quoting belgeran
{quote} thanks goldgirl!.. hmms.. just couldn't see a S/R on that... will see what i'm missing..hehe
Look at H4 chart on 4 Jul, you will see a very clear resistance. Since the price already pull through 136.50 effortless and reach 139.50. The immediate support will be the previous downtrend resistance which is on the 136.50 .
  • #17,717
  • Jul 15, 2016 1:04am Jul 15, 2016 1:04am
Quoting belgeran
{quote} thanks goldgirl!.. hmms.. just couldn't see a S/R on that... will see what i'm missing..hehe
Zoom out to bigger time frame like H4. You may notice a lot of supports and resistances line which is quite solid.
  • #17,718
  • Jul 15, 2016 1:06am Jul 15, 2016 1:06am
Quoting belgeran
{quote} was hoping that 143 will turn the tide though..... tried to find the top a few times today and got burnt through
Route approaching top (144) will have some throttes. It won't be surprise to have 200 pips swing though. Speed of uptrend will be slowing down. Fake spike up may happen anytime and I am awaiting for it to happen.

More long added at 141.40
  • #17,719
  • Jul 15, 2016 1:08am Jul 15, 2016 1:08am
Quoting goldgirl
{quote} Route approaching top (144) will have some throttes. It won't be surprise to have 200 pips swing though. Speed of uptrend will be slowing down. Fake spike up may happen anytime and I am awaiting for it to happen. More long added at 141.40
Nice analysis, GG. The trend is definitely strong right now. Hoping we've got a few hundred pips left in it. Could be more.
check out my blog: forexmademillionaire dot com
  • #17,720
  • Jul 15, 2016 1:09am Jul 15, 2016 1:09am
Quoting samsonite
{quote} I see it stopping at 144.30ish which is the 50% retracement level for the FIB from the pre BREXIT high to the post BREXIT low. Also happens to be the 4hr 200MA, like GEPPY, I like when MAs and Fibs come together...They always seems to provide solid resistance/support. I signed up on Patreon, others should consider it too... Baby Geppy deserves a college fund! {image}
Agreed. I added more long at retracement of 141.40.
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