Patience pays off, but GBP/JPY is a bad short compared to GBP/USD.

Geppy's Geppy Thread (GBP/JPY)

Expanding leading diagonal to begin wave 1 of 3?

Cable Update (GBPUSD)

That is GBP chart. 4H time frame. I am counting this up move as an ABC (leading diagonal as wave A) to form wave 2. The down move (wave 3) hasn't even started. Good luck longs. Shorts, see you at 1.50 soon! Full Disclosure: Short 1.5 lots from ...

Cable Update (GBPUSD)

If we are heading down, I think we will see 1.590 today.

Cable Update (GBPUSD)

Look at your charts?

Cable Update (GBPUSD)

In some sense, sellers were concerned about potential hawkish statements from the MPC. Once that was out of the way, it was safe for them to sell.

Cable Update (GBPUSD)

Not true, pound itself is tanking too.

Cable Update (GBPUSD)

By the way, best short now (4-6 weeks time frame) is GBP/JPY.

EURUSD

See what I mean now?

EURUSD

I would watch that AUDJPY closely if I were you!

EURUSD

patience one more high. approximate price level to initiate shorts: 158.28

Geppy's Geppy Thread (GBP/JPY)

yet price is going up! this will reach 1.3595 before reversing.

EURUSD

There're more than one way to manage your risk. If you do your homework, and not trade against potential 3rd waves, you can survive fine with some good risk management (manual exits) and without stop-losses.

Trading Without a StopLoss

Because I expect a larger retrace and that I can get a better price? But the thing about such retraces is that you can't really predict exactly where it ends, so if you are already short, trying to get in and out may cause you to lose money. Makes ...

EURUSD

hahahah

EURUSD

H&S pattern on 5minute

AUD/USD

if you're short from anywhere near 1.38, should hold it for 6 weeks at least imo.

EURUSD