Oh dear. It looks like my long at the 50% (187.6) is going to get invalidated. Shame really; we never even retested the 188.2. Guess I'll wait for a bigger pullback to reload.

Geppy's Geppy Thread (GBP/JPY)

I don't recommend following a trend right before a major news update that was expected by many to lead to a bounce in the opposite direction. The EUR/USD was slowing its bearish descent and waited for the ECB conference, of which the possibility of ...

EURUSD

Oh dear. I think the EUR/USD is dead until the start of the Tokyo Session (5 hours from now). But I don't think the price will stay here until tomorrow; by the Tokyo market, we should see the retest of the highs caused by the ECB conference or a ...

EURUSD

Which is 100% guaranteed to be breached next year, possibly earlier. The European Central Bank only delayed QE; it's pretty much inevitable given that Europe is going to face an issue with deflation. The ECB is nowhere near meeting its inflation % ...

EURUSD

1.220= next intraday support after 1.230 is breached. I assume that most newcomers are impatient to get their profits, and I expect 1.230 to be breached soon. Note that I said AT LEAST 1.220. I'd look for 1.20 to be the mininmum. There's probably a ...

EURUSD

New traders should be careful of shorting the EUR/USD right now. We may see one more climb back up to 1.2450 levels, and if that gives way, 1.2500 is possibly within sight. I don't like the fall from 1.2415 to 1.3600. It's too big to be normal, but ...

EURUSD

Sorry Ray. I'm one of those shorters who shorted at 188.170 and sold at 187.70. I promise I won't do it again (mostly because I have a long now at 187.70)

Dragon Riders GBP/JPY

Rise and shine, FxTyrant! Your beloved 1.2420 awaits you

EURUSD

The geppy tested 188.20 at least 5 times in the past 12 hours. It keeps failing too......sell limit switched to 188.180.

Dragon Riders GBP/JPY

Hey FX-RAY, the price is back down to 187.7 levels. What are you going to do you with longs? As for me, I longed the EUR/USD at 1.230. IT was pretty much written on the wall that Draghi wasn't going to do QE, and I hedged my bets on the bond ...

Dragon Riders GBP/JPY

I think you scared all the bulls in Forex Factory a few weeks ago when you kept telling people to sell while prices rose beyond 1.255. Then the price sank to 1.230, and you turned out to be right.

EURUSD

Give it a few hours until the the dual London/NY session ends. It'll get there. Trust me.

EURUSD

In the name of a corny Disney quote: You JUST have to BELIEVE! Edit: May reload small longs temporarily depending on chart movement on 1.2400 range. Yes, I want those extra few dozen pips, and damn it, I'll take the risk!

EURUSD

Yeah. Meanwhile, I'm sitting on $200 in profit. I'm hoping to get 1.2500, but my fingers aren't crossed. image

EURUSD

WOW. The ECB drove the geppy up 60 pips in a matter of minutes. Goddamit.

Dragon Riders GBP/JPY

I personally recommend 1.24250/1.24300. It's very likely to go through low/mid 1.2400 range. Its a free 2, 3 pips. Also, because Draghi is still dovish (but less than worst case), I expect 1.2600 to be out of reach, and only 1.250 to be the key ...

EURUSD

Naw. I'm guessing most bulls are like me: Cashing in on the bounce and selling the highs to new lows. Current status: 0.20 lots long on 1.23007. SL on break even. Current profits: $120.

EURUSD

Really? My broker's around 1.1pip spread on the euro. What's yours?

EURUSD

Because scalping is glorious. $1.9k profit in one day on the geppy. Enough said.

EURUSD

Gah.....will the geppy bounce back up? Or will it continue up? Does anyone know how much of an impact euro related news has on the gbp/jpy? The ECB conference will make or break the euro today, and I'm a tad touch nervou about what might happen to ...

Dragon Riders GBP/JPY