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Geppy's Geppy Thread (GBP/JPY)

No sir...scalped a few my own self...but with the trend, my friend

Geppy's Geppy Thread (GBP/JPY)

If you look at current rates on the snapshot below and figure that GJ=EJ/EG then GJ should be at 152.02. So either GJ will move to equalize or EJ will come down. What's your bet?

Geppy's Geppy Thread (GBP/JPY)

I like it. I always have a plan, but many times think, "just a bit more might be nice" and that always bites me in the butt. If you do the minimum DD almost every trade you take will be in profit at some point and in time be negative. I usually like ...

Geppy's Geppy Thread (GBP/JPY)

Oh tell me how Obi-wan. My problem is and has always been greed. I do pretty well entering trades but have a hard time exiting. I was up over 240 pips late last week only to get stopped out with 170 pip loss after the Cypress blowout. I had 4 ...

Geppy's Geppy Thread (GBP/JPY)

Not so odd really. A few years back when I was trading more actively I learned to never trade during big news events and especially during NFP. UJ is affected and GU is affected and by extension GJ is affected. After the big run up late in the week ...

Geppy's Geppy Thread (GBP/JPY)

Indeed. Tried a couple shorts at 2.72 and 2.85 with a TP at 2.40. Got into profit, but just wasn't feeling confident with that trade and closed for 23 pips (net). I get the feeling we are pushing higher yet today

Geppy's Geppy Thread (GBP/JPY)

tightened my stops, on two longs, to just under 140.90 BE and +10 pips where we've had good support for 24 hours. 50EMA on the 1H is holding. No upper limit picked yet as I might hold this one for a while. Right now I need to stop watching and get ...

Geppy's Geppy Thread (GBP/JPY)

I've been watching some paint dry for the past couple hours and decided to take a break from all that intense action and watch this PA to unwind.

Geppy's Geppy Thread (GBP/JPY)

Geppy, Thanks for the reply and I guess I know that the faster is always crossing the slower and maybe my questions is really this; Does the slope of the line signify much. As I understand the faster MA will following price action more closely while ...

Geppy's Geppy Thread (GBP/JPY)

This may sound like a stupid/rookie question, but I just need to ask for some opinions on this. I see on my 1H chart that my 20EMA and 200EMA are coming together. Is the 20 crossing up to the 200 or is the 200 coming down to the 20? I know it just ...

Geppy's Geppy Thread (GBP/JPY)

4H closed at 141.02 with the lowest volume I've seen in weeks. Not much interest in trading either way at this level apparently. Everyone is looking for direction. 141 providing some solid support. Holding my longs for a while. Gonna get to work so ...

Geppy's Geppy Thread (GBP/JPY)

If this 4H candle closes below 141.05 I may take some profit and try for that 140.55 again

Geppy's Geppy Thread (GBP/JPY)

Nope...missed it by a pip. Went to bed and missed all the non-action overnight. Looking like my first target is in sight 141.60 but strong resistance at .40 range.

Geppy's Geppy Thread (GBP/JPY)

Is that Monopoly Money? .55 coming

Geppy's Geppy Thread (GBP/JPY)

not looking good

Geppy's Geppy Thread (GBP/JPY)

Not until my 140.55 gets filled

Geppy's Geppy Thread (GBP/JPY)

Long at 140.80, 140.70 and have an order for 140.55 (just under the 20EMA on 4H) targets at 141.60, 142.80 and let the third run to 148. Stops at 139.90

Geppy's Geppy Thread (GBP/JPY)

I definitely see your point. I had some S/R lines drawn on another chart last night and had 141 and 142 as big time Resistance. We blew through the first and now the 20EMA is rising towards the 50 and the 50EMA is just above 141. Not to mention all ...

Geppy's Geppy Thread (GBP/JPY)

Thanks for the kick in the ass and reminding me not to be so greedy. I've had a couple positions open since middle of last week and was thinking "I'll let them run." Had 2 longs at a 139.75 and 140.25....closed both at 141.3. Thought about leaving ...

Geppy's Geppy Thread (GBP/JPY)