I wonder if we will have a mirrored weekly bar ( which would give bears momentum to drag price down to 156.6 or further next week) or bounce from 159.88 area toward new highs... in any case, weekly trendline short was very nice.

Geppy's Geppy Thread (GBP/JPY)

Statistical probability would say 160.6 area. You do what u want.

Geppy's Geppy Thread (GBP/JPY)

Development this week put things in different light... no longer I am bearish only. Nikei made a nice bullish pin of the triangle consolidation. My view... whether we are going to trade in tight range, or price will blow heavy.

Geppy's Geppy Thread (GBP/JPY)

I hope I will be here! I am really trying hard. The method I am developing looks good, but I need to be more strict on the rules. I still have a lot to learn. Account number 14 survived 7 weeks, that is basically the longest run. According to my ...

Elite Trading Method

My view... The pair had one of the very few weekly moves regarding pips (155), that is really small, only about 9% of weeks is that small. Price didn't quite play my idea url but my view is still bearish, I believe we are going to hit 20 EMA on ...

Geppy's Geppy Thread (GBP/JPY)

Maybe you are right, but for now it looks like it could be a Dead Cat Bounce

Geppy's Geppy Thread (GBP/JPY)

And what is your plan if we brake 156.75?

Geppy's Geppy Thread (GBP/JPY)

Why don't you guys just go with the program

Geppy's Geppy Thread (GBP/JPY)

If 4H closes as a bearish pin...technically it could go down then... we'll see...

Geppy's Geppy Thread (GBP/JPY)

My thoughts exactly! 70 pips daily move so far... who is the price fooling??

Geppy's Geppy Thread (GBP/JPY)

28 minutes ago a trade was closed with 64 pips in red and that represented 23% of account. So I don't know about his requirement of 0.25%. But to tell you the truth, I thought it was live account. Clumsy penguin I am.

Elite Trading Method

I don't know. It seems he studied a lot. In any case I have huge respect for those who have Trade Explorer public. It shows he has balls.

Elite Trading Method

I don't like the price to have such small Daily moves it can mean that a large move is coming soon... I wonder if this qualifies as bearish flag... if so then we should fall about 200 pips

Geppy's Geppy Thread (GBP/JPY)

Yap, there was a nice bullish pin on daily, so it is likely that price will try running up, but pin is just below traffic zone, i suspect it won't go far up... however, if 158.2 area won't hold i agree 160 could be destination...

Geppy's Geppy Thread (GBP/JPY)

Same here...trying again from the ground...interesting week indeed, i didn't trade quite according to the plan either... looking to short it somewhere higher, maybe around 158.2 with tight SL... we'll see...

Geppy's Geppy Thread (GBP/JPY)

lol, i am still learning how to trade. Until my method will be tested again and again i am not going to share anything from it.

Cable Update (GBPUSD)