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Geppy's Geppy Thread (GBP/JPY)

  • #18,001
  • Jul 22, 2016 7:22am Jul 22, 2016 7:22am
This week was very unstable made a zebra line
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  • #18,002
  • Jul 22, 2016 7:22am Jul 22, 2016 7:22am
Quoting Geppy
Everyone survive last night? Get short?
I think 137.7x is coming up soon ish.

4 new screens and trading computer ordered, delivered and minus the power cable so I'm currently observing the markets from my laptop but avoiding taking much. took 3 scalps earlier for 20 pips total.
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  • #18,003
  • Jul 22, 2016 7:26am Jul 22, 2016 7:26am
Quoting fxtrader18
{quote} I think 137.7x is coming up soon ish.
I think that's a wise mid-term target. This is what I'm seeing:

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We've dropped below the 200-hour SMA, that was the level I mentioned yesterday that we'd need to get through to flip bearish. So I love seeing that.

Then we have 138.34 to work through. That's the low from July 19th. That should open the door to 137.77 which was the low on July 15th. Through that, and we start looking at the low 136's.
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  • #18,004
  • Jul 22, 2016 7:32am Jul 22, 2016 7:32am
It does seem to be pinging Fibs perfectly at the moment - the trouble is predicting which ones
  • #18,005
  • Jul 22, 2016 9:21am Jul 22, 2016 9:21am
​I think GJ would get as high as 139.8 before close for the week
  • #18,006
  • Jul 22, 2016 9:24am Jul 22, 2016 9:24am
Quoting tundeapt
​I think GJ would get as high as 139.8 before close for the week
:-) 142 my target
  • #18,007
  • Jul 22, 2016 10:52am Jul 22, 2016 10:52am
Jeez that was a sharp drop. Luckily I had a sell stop below the symmetrical triangle. Doji on the 4h at previous resistance turned support(also conveniently the week's opening price ) and I don't like holding over the weekend so I'm cashing out with 40 pips. I'd like to see a retest of the trend line before I load up on more shorts next week. What do you all think?
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  • #18,008
  • Jul 22, 2016 10:56am Jul 22, 2016 10:56am
Quoting JMichael
Jeez that was a sharp drop. Luckily I had a sell stop below the symmetrical triangle. Doji on the 4h at previous resistance turned support(also conveniently the week's opening price ) and I don't like holding over the weekend so I'm cashing out with 40 pips. I'd like to see a retest of the trend line before I load up on more shorts next week. What do you all think? {image}
I'm short and planning to hold through the weekend. The SMA's on the 1-hour chart should roll over next week and hopefully start the next leg of a down trend.
check out my blog: forexmademillionaire dot com
  • #18,009
  • Jul 22, 2016 11:01am Jul 22, 2016 11:01am
LOL. Pathetic.

A lot of BLA BLA BLA. Same old shit...

Happy holidays.
  • #18,010
  • Jul 22, 2016 11:01am Jul 22, 2016 11:01am
I am bearish on this pair.. Planning to short around 139.50, if it pulls back..
  • #18,011
  • Jul 22, 2016 11:03am Jul 22, 2016 11:03am
Quoting MarkoTrd
LOL. Pathetic. A lot of BLA BLA BLA. Same old shit... Happy holidays.
huh?
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  • #18,012
  • Jul 24, 2016 9:14am Jul 24, 2016 9:14am
Gep read the weekly also read the C.O.T. for this week. It confirms some of the trend changes discussed in our weekly. here's the link http://news.forexlive.com/!/cftc-com...aders-20160722
  • #18,013
  • Jul 24, 2016 12:16pm Jul 24, 2016 12:16pm
Quoting FSUtrader
Gep read the weekly also read the C.O.T. for this week. It confirms some of the trend changes discussed in our weekly. here's the link http://news.forexlive.com/!/cftc-com...aders-20160722
Yeah, saw it over the weekend. Hoping to see better moves this week.
check out my blog: forexmademillionaire dot com
  • #18,014
  • Jul 24, 2016 3:24pm Jul 24, 2016 3:24pm
Update 4H and Daily charts
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  • #18,015
  • Jul 24, 2016 11:26pm Jul 24, 2016 11:26pm
Quoting Pip-Miner
{quote} correct, also asian session. Im short now with the crew 140, my channel software agrees
I agree with you. Head and shoulder is formed. Time to go short this week. My target is thin. 135 only.
  • #18,016
  • Jul 24, 2016 11:33pm Jul 24, 2016 11:33pm
Quoting Geppy
{quote} I'm short and planning to hold through the weekend. The SMA's on the 1-hour chart should roll over next week and hopefully start the next leg of a down trend.
Consolidation done for a week. This week shall see volatile move
  • #18,017
  • Jul 25, 2016 12:51am Jul 25, 2016 12:51am
gbpjpy elliott count
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  • #18,018
  • Jul 25, 2016 1:09am Jul 25, 2016 1:09am
Quoting andoseg2
Interesting activity at @ 142 : {image}
Update :

A tight SL is possible if the price will fall :

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Money moves the market, not an indicator.
  • #18,019
  • Jul 25, 2016 8:03am Jul 25, 2016 8:03am
Sell limit 139.500 SL 140.23 1st TP target 138.820
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #18,020
  • Jul 25, 2016 11:12am Jul 25, 2016 11:12am
Quoting baherhosni
Sell limit 139.500 SL 140.23 1st TP target 138.820
You can keep position till 135.40... You will make more money like that.
God, i love, how i'm trade!!!
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