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Geppy's Geppy Thread (GBP/JPY)

  • #17,721
  • Jul 14, 2016 11:10pm Jul 14, 2016 11:10pm
H4 Chart still uptrend. No reason to exit long.. hehehe...
  • #17,722
  • Jul 14, 2016 11:13pm Jul 14, 2016 11:13pm
Quoting Geppy
{quote} Nice analysis, GG. The trend is definitely strong right now. Hoping we've got a few hundred pips left in it. Could be more.
Yeah. Re-look my chart. 300 pips upside has no issue. haha~~ Bravo Geppy~~~ After this party, I am expecting a major retracement. However, a long term upside to 145 or even 148 is possible.
  • #17,723
  • Jul 14, 2016 11:15pm Jul 14, 2016 11:15pm
Quoting goldgirl
{quote} Yeah. Re-look my chart. 300 pips upside has no issue. haha~~ Bravo Geppy~~~ After this party, I am expecting a major retracement. However, a long term upside to 145 or even 148 is possible.
Eventually the music stops, right? But I'm going to enjoy the party while it lasts too
check out my blog: forexmademillionaire dot com
  • #17,724
  • Jul 14, 2016 11:32pm Jul 14, 2016 11:32pm
headed to bed gang. Nothing like leaving a position nicely in the green. Hoping for more when I wake up.
check out my blog: forexmademillionaire dot com
  • #17,725
  • Jul 15, 2016 12:37am Jul 15, 2016 12:37am
Quoting Geppy
headed to bed gang. Nothing like leaving a position nicely in the green. Hoping for more when I wake up.

Hi Geppy, I found bearish divergence in h4. How do i confirm the rejection and market shall pull back to bullish zone. Wanted to buy when price still low.
Attached Image
Artist lead and hacks ask for a show of hands.
  • #17,726
  • Jul 15, 2016 2:26am Jul 15, 2016 2:26am
I have come to the conclusion. That Brexit is good for UK. Think about it. GU narrow band is 133-135. GU broader band is 1.31 -1.39. For current level, 134.50. That's only 3.5 - 4% depreciation from 140 level. And that's excellent result.

From here, it will be choppy for GBP with upside to 1.36. then 1.38.
  • #17,727
  • Jul 15, 2016 3:24am Jul 15, 2016 3:24am
Quoting frx_trader
I have come to the conclusion. That Brexit is good for UK. Think about it. GU narrow band is 133-135. GU broader band is 1.31 -1.39. For current level, 134.50. That's only 3.5 - 4% depreciation from 140 level. And that's excellent result. From here, it will be choppy for GBP with upside to 1.36. then 1.38.
Quite agree with you. Brexit was cutting a lot of cost for UK. They can focus on their economic.
Artist lead and hacks ask for a show of hands.
  • #17,728
  • Jul 15, 2016 4:18am Jul 15, 2016 4:18am
Quoting goldgirl
H4 Chart still uptrend. No reason to exit long.. hehehe...
its heading to 144 now ....maybe. my next target is 150
  • #17,729
  • Jul 15, 2016 5:24am Jul 15, 2016 5:24am
1. Clear First hurdle 142.0
2. 142.6
3. 143.3
4. 144
5. 145.4

Mission accomplised!
  • #17,730
  • Jul 15, 2016 6:23am Jul 15, 2016 6:23am
Quoting zackgallardo
{quote} its heading to 144 now ....maybe. my next target is 150
Lots of selling during the last 10 hours. We need more GBP buyers!
Usdjpy is diverging slightly. Strength and buyers seen in USDJPY and sellers seen in GBPJPY.
Attached Image (click to enlarge)
Click to Enlarge Name: Gbpjpy 5-min 15-July-16.png Size: 99 KB
  • #17,731
  • Jul 15, 2016 7:26am Jul 15, 2016 7:26am
Quoting al_yaqen
{quote} Hi Geppy, I found bearish divergence in h4. How do i confirm the rejection and market shall pull back to bullish zone. Wanted to buy when price still low. {image}
Hey al, not sure what you mean "how do I confirm the rejection". If you're looking to buy, you'll want to find a logical level where it'd find support.

I'm just waking up and digging into charts.
check out my blog: forexmademillionaire dot com
  • #17,732
  • Jul 15, 2016 7:37am Jul 15, 2016 7:37am
Quoting Geppy
{quote} Hey al, not sure what you mean "how do I confirm the rejection". If you're looking to buy, you'll want to find a logical level where it'd find support. I'm just waking up and digging into charts.
Hey Geppy i just entered on 141.60, but looking down for now. How i should put the SL ?
  • #17,733
  • Edited 8:07am Jul 15, 2016 7:46am | Edited 8:07am
144.05 not hit yet & it should try best for it first before a correction or so , ok if hit 140.3 at the down before it . if breaks there ( 140.03 then also it should hit the target up soon. Take care
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM30.png Size: 31 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #17,734
  • Jul 15, 2016 7:55am Jul 15, 2016 7:55am
Quoting fontu
144.05 not hit yet & it should try best for it first before a correction or so , ok if hit 140.3 at the down before it . if breaks there ( 140.03 then also it should hit the target up soon. Take care
Nice advice
  • #17,735
  • Jul 15, 2016 7:55am Jul 15, 2016 7:55am
Quoting moshnjack
{quote} Hey Geppy i just entered on 141.60, but looking down for now. How i should put the SL ?
I'm not sure longs are the way to go right now, and I apologize but I avoid advising people on their trades. It's one thing to let folks know what I am doing and they can choose to follow or not. But I don't like to give advice that I can be potentially blamed for should things not going your way.

I'd look for a clear area of support and place my stop below that.
check out my blog: forexmademillionaire dot com
  • #17,736
  • Jul 15, 2016 8:01am Jul 15, 2016 8:01am
Quoting moshnjack
{quote} Hey Geppy i just entered on 141.60, but looking down for now. How i should put the SL ?
How much u want to take risk. If your equity is big.... No stop lost. It wont go down more than 200 pips
  • #17,737
  • Jul 15, 2016 8:08am Jul 15, 2016 8:08am
Quoting Geppy
{quote} I'm not sure longs are the way to go right now, and I apologize but I avoid advising people on their trades. It's one thing to let folks know what I am doing and they can choose to follow or not. But I don't like to give advice that I can be potentially blamed for should things not going your way. I'd look for a clear area of support and place my stop below that.

Clear talk Geppy 100% agree........
All the best
Alex
Stay GREEN my friends........
  • #17,738
  • Jul 15, 2016 8:09am Jul 15, 2016 8:09am
Quoting zackgallardo
{quote} How much u want to take risk. If your equity is big.... No stop lost. It wont go down more than 200 pips
Can I borrow your crystal ball?
There's always money in the banana stand.
  • #17,739
  • Jul 15, 2016 8:17am Jul 15, 2016 8:17am
I'm flat all trades but it looks like we might find support off the 200ma on 15m chart. I'd put at tight stop below that MA if I were to go long
  • #17,740
  • Jul 15, 2016 8:17am Jul 15, 2016 8:17am
Quoting FSUtrader
I'm flat all trades but it looks like we might find support off the 200ma on 15m chart. I'd put at tight stop below that MA if I were to go long
I'm watching it too, and I might take a stab for a small scalp. But not sure I want to commit to a position over the weekend.
check out my blog: forexmademillionaire dot com
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