H4 shooting star, typically a bearish candle, but, it is positive and closed above the close of the previous candle, so there's hope for bulls. The level it's at now is fairly key as it is the 50% fib retracement level combined with the 15m 100sma ...

Geppy's Geppy Thread (GBP/JPY)

killed it for -1 - if it isn't behaving they way you want, no point hanging on in hope, which is what I always do, get out quickly. Still favour longs today though, but it's got to re-load some more.

Geppy's Geppy Thread (GBP/JPY)

Yes, but far enough on the TF I entered on, which is 15 sec/1 min, any further and if it goes back past my SL it could fall another to a level that for me is poor R/R. For 12 pips it's worth a shot.

Geppy's Geppy Thread (GBP/JPY)

okay I've just bought @ 171.06. SL 170.94.

Geppy's Geppy Thread (GBP/JPY)

Good morning everyone. Looks like quite a lively Asian session on all pairs. Certainly looks like the momentum has turned around since yesterday when it looked as if we might have a major sell off, but it stuttered on the H4 200ema combined with the ...

Geppy's Geppy Thread (GBP/JPY)

March 61.8% breached and now on H4 200ema - could bounce from here - if not, I've got the 76,4% @ 995 followed by the H4 200sma @ 963.

Geppy's Geppy Thread (GBP/JPY)

Agreed. Out of context it is annoying to say the least, though an initial post explaining what you see and why, followed by the buy or sell levels is fine. Charts for those who want to, but because my charts fr example bear no resemblance to anyone ...

Geppy's Geppy Thread (GBP/JPY)

H1 200ema bounce. No confirmation to go long yet, but best ( potential opportunity ) to buy since Friday. Hourly chart still bearish, but clear support area @ 17,133 so we'll see.

Geppy's Geppy Thread (GBP/JPY)

Cheers! I'm happy with it.

Geppy's Geppy Thread (GBP/JPY)

I'll take it - TP reached 154 pips on Daily 76.4% fib retracement.

Geppy's Geppy Thread (GBP/JPY)

sarcasm with a smile never hurts

Geppy's Geppy Thread (GBP/JPY)

Yup, R2 ( 17,146 ) is usually a very good place to take profits for a day trader.

Geppy's Geppy Thread (GBP/JPY)

I'm holding for the time being as momentum still looking strong despite what the news may bring. Stop moved to BE.

Geppy's Geppy Thread (GBP/JPY)

Which it has done - TP 17,230 - though I'll be watching 17,134 very closely ( Daily 76.4% fib which pretty much held right through Feb )

Geppy's Geppy Thread (GBP/JPY)

that never prevented me from taking a trade if the signal to do so is there, unless it's immediately prior to the news.

Geppy's Geppy Thread (GBP/JPY)

Interesting set up developing now, as it looks like we may well have a break out to the upside on the 5m chart, though the hourly chart is not somewhere you would want to buy right now. However, it'll be worth taking the long signal just in case it ...

Geppy's Geppy Thread (GBP/JPY)

I think you are asking a lot if you don't mind me saying. You've got to have some idea yourself, and if you haven't, then your priority must be to work on your charts until you have, for you simply cannot hope to learn merely from information other ...

Geppy's Geppy Thread (GBP/JPY)

If services pmi is positive, sterling pairs are going to absolutely fly on bullish technicals, but if the numbers are bad, we will have confusion on the charts.

Cable Update (GBPUSD)