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- quecee5 replied Nov 7, 2007
if we break though res. 237.42 we may get back to 237.71 38.2% fib from the last down move. . . Looks to be peeking thru as I write. I am currently long @ 236.31 an plan to hold until my osc. tell me otherwise.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 7, 2007
long @ 237.00 for the ride back up toward the pivot 238.18 1st, then 238.50 and possibly 239.07'ish over the next 8 hours. After NY closing and triple interest paid, position will be more @ 236.90 or so. I'm working from a 4hr chart using 1 hr chart ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 7, 2007
should see a retest of todays low before end of NY session, may come in around 237.30/40'ish Good place for a long on a retrace back up to 238.20/50 area possibly. . . Its been my experience that over 85-95% of the time - NY always ends the session ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 7, 2007
Looks like we need to get thru 100 and 200 MAE on 4hr TF to see 50% fib of 235.80's. . . I'm watching these levels closely as the DOW continues moving to its lows for the day. If we make it thru then we are in a downtrend reversal. . . I'm watching ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 7, 2007
Lepiricus, I agree, that was the purpose of my post. . . I was short from 238.50, TP @ 237.15/20 area. Watched it bounced off the 38.2 fib on a 4hr chart (237.14) then flipped to long @ 237.28 and road it up to the 68.1% fib line from the last down ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 7, 2007
GBP/JPY Longs — Does anyone use GBP/USD and USD/JPY in their GBP/JPY strategy? The purpose for asking is I'm curious as to why some are long right now on GBP/JPY and would like to know your planned TP and why? Any response would be helpful. . ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 7, 2007
Big Thanks 2 You All Here! — Heh guys, this newbie (to the thread) would like to thank each and everyone of you for your contribution to this thread. I've been trading "geppy" for over 10 months now trying to figure it out. Since I've been ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 2, 2007
Thx you very much, this is helpful. I will start posting once I take a trade per this strategy and my few tweaks. . . My biggest problem with geppy was where to enter and exit and when it will reverse. I had been using daily, 4h and 1h pivots, which ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 2, 2007
New to thread. . . — Hi, I've been lurking around this thread for about a week and like what I read. . . I'm fairly new to trading but have been trading geppy for about 3 months with basic trend -ine, fib and pivot points. I'm looking for a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)