I look at Weekly, too. In one of the posts I suggested price will hit 20 ema on W, it did. I anticipated bounce, and it did. From my point of view if 171.86 holds we might see severe drop even till 167.5 area (not today), but brake above could mean ...

Geppy's Geppy Thread (GBP/JPY)

I disagree. Looking at 4H last 160 candles paints major H&S, brake down, retest to almost 61 fib and looking at EllisPerish triangle price already broke south. I have a feeling that red days are coming down.

Geppy's Geppy Thread (GBP/JPY)

Just wanted to drop by and wish you good luck! Your targets look very doable! Go for it!

The 10,000 Hours and Beyond Club

Possible 167.5 area for this week. Nikkei wants to It's OK, we'll get back up someday. If 167.5 area holds. If this will not hold, we are looking into long term bearish market.

Penguin's Lunch

My initial wish was to make 9% a week, that compounding would get me to 4M in 3 years with the starting capital of 6,49 USD. I just realized that at 44 days I am over 250 days ahead of my plan. Da'f***? Maybe I should slow down... :nerd: Be ...

Penguin's Lunch

You can not hedge in Japan? What if you open another account, one for buy and one for sell? Have a great weekend, relax and reset your mind!

Penguin's Lunch

Out of the market. I anticipated retrace, but I didn't like the price action so I closed for the week. Current status of the account: Account custom age: 44 days Balance: 264 USD Gain on balance (from 6,48 USD): 3984 %

Penguin's Lunch

Looks like Nikkei found some support and is forming secondary triangle, GJ appears to cross one Weekly trendline and found support in a secondary Weekly trendline 100 pips below. Price might bounce between those two for up to 3 days, but ...

Penguin's Lunch

Thanks for dropping by. You are the second Australian fx trader that I know and both of you have great sense of humour In the mean time I closed my set of shorts on GJ, this will probably go down some more, but I am happy where I am. ...

Penguin's Lunch

I see price compressing heavily. Average Daily price movement is gradually dropping. Price is going o burst. While GJ general trend is up we can not deny losing momentum and with Nikkei showing signs of dropping but being at the same time reluctant ...

Penguin's Lunch

I doubted my own analyze and I opened a set of trades contrary to my plan (I listened to much how others analyze market and it influenced me). Anyway, my shorts played well, but since I lost so much on my longs I decided to close all trades and ...

Penguin's Lunch

My look on the market... Nikkei disappointed me, I expected a fall till 13870 area (that would bring JPY pairs down fast), but it didn't perform at all according to my expectations. The 4H/1D momentum however stayed stable, maybe even increased ...

Geppy's Geppy Thread (GBP/JPY)

Those numbers seem valid to me. I see strong support at 171.1 area. However, looking at retracements on Weekly chart, it seems that most of retracements (500, 600, 1000 pips) were stopped by the proximity of 20 EMA (-50/+200 pips). Currently this ...

Geppy's Geppy Thread (GBP/JPY)

Yep. GJ was trying to catch Nikkei. Nikkei returned to the Triangle trendline it broke and is currently dropping again. If Nikkei stays out of it GJ will follow further down. Below approximate 13800 is a free fall. However, like the last time Nikkei ...

Geppy's Geppy Thread (GBP/JPY)

If daily closes at 172.2 that would be a 2 day bearish pin and most probably bear continuation next day. ... However, bulls do look present. Price will burst in one direction one way or another.

Geppy's Geppy Thread (GBP/JPY)

PS. Am I the only one interested in short? Everybody else is long? Ah crap, I am on the wrong side again...

Geppy's Geppy Thread (GBP/JPY)

I was waiting what will happen with JPY pairs when Nikkei brake triangular formation for the second time in last 62 days. Well EJ and UJ went down while AJ and CJ not. GJ stuck in the middle, being held up by GU. But if GU stopped going north and ...

Geppy's Geppy Thread (GBP/JPY)

Their web page is available. Maybe something wrong with your internet provider? also, did you consider that EU had a bunch of holidays last week?

Experiences with FxPro

About 3 minutes before the news a nice spike up. I wonder if someone didn't get info on the news before the rest of us... It looks like GBP reached the top for today... I wonder if price will not walk on the trendline for a few days. I observed this ...

Geppy's Geppy Thread (GBP/JPY)

At the trendline again? If price doesn't reverse here and start falling... uf Nikkei still looks stable and in down-mode...

Geppy's Geppy Thread (GBP/JPY)