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Geppy's Geppy Thread (GBP/JPY)

  • #17,761
  • Jul 15, 2016 11:21am Jul 15, 2016 11:21am
I need a close above 140.000. I've had a bad week.
  • #17,762
  • Jul 15, 2016 11:24am Jul 15, 2016 11:24am
Quoting fxtrader18
I need a close above 140.000. I've had a bad week.
Sorry to hear that, man. Honestly though, I don't think we'll get it.

I think we'll, at a minimum, test the 100-hour SMA again. Maybe even break it. Just feels like a bit off de-risking heading into the weekend.
check out my blog: forexmademillionaire dot com
  • #17,763
  • Jul 15, 2016 11:34am Jul 15, 2016 11:34am
It has been one of those weeks, only down 0.3% but it just seems to have been a constant battle!
  • #17,764
  • Jul 15, 2016 11:34am Jul 15, 2016 11:34am
Quoting Geppy
quiet in here...
It is quiet everywhere.. Everyone is either happy with the week's profit or angry with its loss already .. lol
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #17,765
  • Jul 15, 2016 11:36am Jul 15, 2016 11:36am
Quoting baherhosni
{quote} It is quiet everywhere.. Everyone is either happy with the week's profit or angry with its loss already .. lol
I'm in the happy camp, been a fantastic week. But I'm also an addict
check out my blog: forexmademillionaire dot com
  • #17,766
  • Jul 15, 2016 11:38am Jul 15, 2016 11:38am
Quoting Geppy
{quote} I'm in the happy camp, been a fantastic week. But I'm also an addict

I know what you mean.. I once Googled a Forex simulator just to pass time during the weekend.. LOL
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #17,767
  • Jul 15, 2016 11:39am Jul 15, 2016 11:39am
Quoting baherhosni
{quote} I know what you mean.. I once Googled a Forex simulator just to pass time during the weekend.. LOL
check out my blog: forexmademillionaire dot com
  • #17,768
  • Jul 15, 2016 11:41am Jul 15, 2016 11:41am
Quoting Geppy
{quote} Sorry to hear that, man. Honestly though, I don't think we'll get it. I think we'll, at a minimum, test the 100-hour SMA again. Maybe even break it. Just feels like a bit off de-risking heading into the weekend.
yeah I've seem hundreds of pips moves on final hours on Fridays before too.. So you never know!!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #17,769
  • Jul 15, 2016 11:42am Jul 15, 2016 11:42am
geppy - what's your thoughts next week? note monday is japan holiday too

the past few asian sessions USDJPY been taken higher, i wonder if we'll continue to see that
  • #17,770
  • Jul 15, 2016 11:45am Jul 15, 2016 11:45am
Quoting Shoezgal
geppy - what's your thoughts next week? note monday is japan holiday too the past few asian sessions USDJPY been taken higher, i wonder if we'll continue to see that
I post my thoughts every day Sunday through Thursday to my blog. So I'll have that up Sunday morning sometime and will be sure to drop a link here for those not on the mailing list.
check out my blog: forexmademillionaire dot com
  • #17,771
  • Jul 15, 2016 11:48am Jul 15, 2016 11:48am
Quoting Geppy
{quote} I post my thoughts every day Sunday through Thursday to my blog. So I'll have that up Sunday morning sometime and will be sure to drop a link here for those not on the mailing list.
I'd like to read that too.. I don't trade this pair yet and I would want to get to know it better before starting to trade it.. So thanks in advance..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #17,772
  • Jul 15, 2016 12:03pm Jul 15, 2016 12:03pm
Quoting baherhosni
{quote} I'd like to read that too.. I don't trade this pair yet and I would want to get to know it better before starting to trade it.. So thanks in advance..
For sure, man. I essentially called this huge correction this week in last Sunday's analysis here: http://www.forexmademillionaire.com/...tlook-7102016/

It's a pretty interesting read, especially now with the benefit of hindsight.
check out my blog: forexmademillionaire dot com
  • #17,773
  • Jul 15, 2016 1:33pm Jul 15, 2016 1:33pm
Nice late day move here in GBP/JPY!
check out my blog: forexmademillionaire dot com
  • #17,774
  • Jul 15, 2016 1:35pm Jul 15, 2016 1:35pm
Quoting Geppy
Nice late day move here in GBP/JPY!
This is what I'm hearing/seeing as the cause: http://www.zerohedge.com/news/2016-0...tal-army-tanks
check out my blog: forexmademillionaire dot com
  • #17,775
  • Jul 15, 2016 1:35pm Jul 15, 2016 1:35pm
Quoting Geppy
{quote} I'm in the happy camp, been a fantastic week. But I'm also an addict

Look at the market now.. See what I mean.. Just less than half til market close.. lol
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #17,776
  • Jul 15, 2016 1:36pm Jul 15, 2016 1:36pm
Quoting Geppy
{quote} This is what I'm hearing/seeing as the cause: http://www.zerohedge.com/news/2016-0...tal-army-tanks
WHAT??!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #17,777
  • Jul 15, 2016 1:39pm Jul 15, 2016 1:39pm
Quoting baherhosni
{quote} WHAT??!
Yeah, crazy. I was considering closing my shorts before the week ends, but I think I'll definitely hold now. I can't imagine this situation improving over the weekend which means we could see a gap down.

Regardless, got a nice buffer at this point.
check out my blog: forexmademillionaire dot com
  • #17,778
  • Jul 15, 2016 1:48pm Jul 15, 2016 1:48pm
Here's a much shorter summary from ForexLive: http://news.forexlive.com/!/turkish-...erway-20160715
check out my blog: forexmademillionaire dot com
  • #17,779
  • Jul 15, 2016 1:57pm Jul 15, 2016 1:57pm
and gold went up
  • #17,780
  • Jul 15, 2016 1:58pm Jul 15, 2016 1:58pm
Quoting eugenyk
and gold went up
Absolutely. This is classic risk-off (as it should be).
check out my blog: forexmademillionaire dot com
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