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    • shellsnail replied Oct 31, 2013

      yes. GBP seems to hanging on for quite some days now! on the aggregated charts I am seeing a Leading diagonal to the downside, but still waiting for follow through, if not this might make another new high/lower high. edit: on a second look, seems ...

      Geppy's Geppy Thread (GBP/JPY)
    • shellsnail replied Oct 31, 2013

      yes. ofcourse - which is why profit targets will depend very much on how large these couple of days are, but looking at GBP/XXX aggregated chart and XXX/JPY charts. Both are pointing to a huge drop in the next few weeks so I would put a initial bold ...

      Geppy's Geppy Thread (GBP/JPY)
    • shellsnail replied Oct 31, 2013

      wave iii seems to be playing out. so far series of 1-2, 1-2. GBP/JPY is lagging compared to EUR/JPY, but chart wise, GBP/JPY has huge decline potential (more than EUR/JPY), just be patient. *ok have to clarify my statement: more potential PROVIDED ...

      Geppy's Geppy Thread (GBP/JPY)
    • shellsnail replied Oct 31, 2013

      ya... this move is developing to be a huge one, so far all i see are wave 1s and 2s, this is the start of the first embedded wave 3 down. gonna be a LONG LONG day I presume. p.s. going long a wave 3 down is suicidal... just my 2 cents.

      EUR/JPY Trading Room