Good point Geppy, what in your mind will determine "taken?" Penetration of that line or a 4h candle close above it?

Geppy's Geppy Thread (GBP/JPY)

Trading with emotions = going into a panic when the market turns against your trade, opening up an opposite position, only to see the market turn against your trade, then following this loop until your account is blown. These are the pigs that the ...

Geppy's Geppy Thread (GBP/JPY)

Obviously had to scale out on my longs. Not real happy with it, but this is the nature of the market. Losses come, winners come. I still have serveral long positions open with plenty of margin in waiting for the turn back north. Admittedly I have ...

Geppy's Geppy Thread (GBP/JPY)

I'm long for better or worse, bust or not. Look at the last time the daily was in the area. Crazy action, just like we're seeing now. Still hanging tough, despite massive draw down. Just me though. What do I know?

Geppy's Geppy Thread (GBP/JPY)

Won't 145.50 always come before 148.8 when counting up? edit: Or maybe you meant 144.80....

Geppy's Geppy Thread (GBP/JPY)

I can understand that! These swings are driving me insane.............. why I love and hate the beast.

Geppy's Geppy Thread (GBP/JPY)

Where's it going Geppy?!

Geppy's Geppy Thread (GBP/JPY)

Thank you, but it can go just as quickly, if not quicker than it came. I'll be feeling better about this once it rally's north. We're locked in 2009's consolidation pattern. Hmm isn't it ironic that where we are now just so happens to coincide with ...

Geppy's Geppy Thread (GBP/JPY)

Last time price was in this area (2009) - there was quite a range. Shooting stars were all over the place. It is only Wednesday. I, myself, hesitate to look at present data as it is forming to make decisions. You may be right 100Pips, but ...

Geppy's Geppy Thread (GBP/JPY)

Climbing her way back... anticipate price reaching 147 again by NY's end.

Geppy's Geppy Thread (GBP/JPY)

... and there's the 200 pip swing

Geppy's Geppy Thread (GBP/JPY)

Agreed. I'd much rather the steady pull backs then extension toward the trend than the volatile 200 pip sharp swings. So much of this is psychological. For this pair the lower timeframes < Daily (perhaps 4h) will drive the unsuspecting trader crazy ...

Geppy's Geppy Thread (GBP/JPY)

You were saying???

Geppy's Geppy Thread (GBP/JPY)

Quick sell off...

Geppy's Geppy Thread (GBP/JPY)

150 first, but I agree with you in the much longer term

Geppy's Geppy Thread (GBP/JPY)

Like I said, artificially placed stops based upon a number of pips is unwise as it is not based upon price action, s/r, or fibo levels (s/r levels). Better to know your tolerance and size your trade accordingly. NY session is in a rally as ...

Geppy's Geppy Thread (GBP/JPY)

Been in a long since 144.00 and adding positions as it continues higher. Obvious correction right now. But never trade current candle - always trade past data. I look at daily and weekly timeframes and use the 15min for add in positions on pull ...

Geppy's Geppy Thread (GBP/JPY)

Perfect!!! — Perfect touch on the Daily TP which is below the Weekly. Staying in for the Weekly TP2.

Simple & Consistent Fibbing Method

In again... — shorted eu at 1.31048 - targeting intraday - 1.30797 targeting weekly - 1.30016 targeting daily - 1.29838 SL: 1.31555

Simple & Consistent Fibbing Method