it was a nice read, thanks. and my comments were only rhetorical, not trying to prove anything right or wrong either

Geppy's Geppy Thread (GBP/JPY)

i see. but what about when u-j was at 123 or so, i don't remember too many worries that yen was too weak back then... in fact, everybody and their mother went hog wild on yen pairs for carry trade and now what, can't a country devalue its ...

Geppy's Geppy Thread (GBP/JPY)

thank you, much appreciated

Geppy's Geppy Thread (GBP/JPY)

just a small comment - i think you should focus on the lower edge of the current range. your indicators are good for a quantitative approach but are not as good as price action at identifying entries. in this situation, we are presumably at the top ...

Geppy's Geppy Thread (GBP/JPY)

i think at some point it will test again 154.10 but for now i don't see any clear signs for going short.

Geppy's Geppy Thread (GBP/JPY)

this IS the retrace

Geppy's Geppy Thread (GBP/JPY)

that's about where my second entry was, 153.10. first one was at the break of 153.55. i use b/e stops from time to time, but more often i trail. in this case it was too early to use any. well you can reenter later if you haven't already, i'm looking ...

Geppy's Geppy Thread (GBP/JPY)

no clear break to the upside. support @ 151.66 area, no significant buying activity and u-j / g-u are still bearish at the moment.

Geppy's Geppy Thread (GBP/JPY)

was it? first, how would you feel if someone on a public forum goes "i know who you are and where you live, i even know your family". don't you think this type of discussion would be more appropriate in private, if at all? and second, are you really ...

Geppy's Geppy Thread (GBP/JPY)

no kidding hey jack is that really you ? long time no see man... how have you been all these years. we should get together these days, i'm gonna need my 50 grands back man. how's the blonde doing? still driving that red camaro?

Geppy's Geppy Thread (GBP/JPY)

agree. for me, perfect place for new longs would be 151.5xx.

Geppy's Geppy Thread (GBP/JPY)

if you're going with 1 lot/trade, it would take about 10 winning trades of about 1000 pips, and you just made a decent living for the whole year. higher timeframes, less time spent in front of charts, less stress, lower risk etc. but everyone with ...

Geppy's Geppy Thread (GBP/JPY)

you mean like this? yes, i agree . just that this is not really bearish in my view, only a pullback. 2-3 days at most.

Geppy's Geppy Thread (GBP/JPY)

i consider the trend to be intact until proven otherwise. can you show me a support or a supporting trendline on g-u chart that has been broken since the rally started @ 1.48? i know the long term bias is bearish and at some point the fall will ...

Geppy's Geppy Thread (GBP/JPY)

g-u and u-j do not show bearish behavior; it's true that u-j is showing signs of hesitation going up, but g-u doesn't show any bearish signs yet (we just saw another higher high on weekly). as far as i'm concerned, closest support areas are 97.37 ...

Geppy's Geppy Thread (GBP/JPY)

okay i looked again at my charts and have some additional comments. short term trend. it's all about 150.72, if this gives way then price will dive further. overall trend (that is, MEDIUM/LONG term) is still bullish but for NOW, i think we are in ...

Geppy's Geppy Thread (GBP/JPY)

120 up and down in just a matter of minutes. i'm out for now. my bias is to the downside because of g-u, but i'll only take clear setups. p.s. and by clear setups i mean price action below 151 area. otherwise, price is above support and i will ...

Geppy's Geppy Thread (GBP/JPY)

you dirty sniper

Geppy's Geppy Thread (GBP/JPY)

as for long term, still in an uptrend. even if we clear mid 150 area, the next serious support is waiting at mid/low 147. and that's it. image in other words, a break here would probably bring mid 147 or so; a bounce here MIGHT bring a test of ...

Geppy's Geppy Thread (GBP/JPY)

not just yet for g-j. we are right at the lower edge of an ascending channel - this is the critical area for further falling or bouncing. this can clearly be seen on an h4 chart - image it's obvious that right now i am waiting to see next ...

Geppy's Geppy Thread (GBP/JPY)