- Search Energy EXCH
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benaiah replied Nov 12, 2014AND... Been in a 200 pip range for past 8 days or so. Once that range breaks, should be fun

Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 12, 2014Ha ha, yes. Right now a sleeping dragon
About to awaken and start wiping out SLs...Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 12, 2014Wow, not often that this pair will put you to sleep, but right now, it is such a sleeper, it's killing me... I am still long on this thing, since it is at the bottom of the range. Could very well break out lower, and I'll just close out or let tight ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 12, 2014Ha ha, well the joke is on me. Definitely looking bearish now on H1/H4, and looks like will try to test bottom of range again... But will look to buy around 181.6
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 12, 2014Sometimes I get tunnel vision, and forget to look at the daily chart. But as it stands, we are in another inside bar situation, which speaks "range" loud and clear. Bottom of the range has been respected today. Unless something happens within the ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 12, 2014Well, for me, probably trading on a different time frame than most, but until price shows it can stay under 182.37 I will remain long, and targeting 183.50ish area. If price falls under 182.37 and shows me that it has rejected it downwardly, then I ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 12, 2014Wow, okay, now I'm lonely. Am I the only one trying to grab pips on 1 minute chart with long trade now? I had to TP, as price started to fizzle... Re-entered long with another tight SL, but will change to short, if I see lower boundaries being ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 12, 20145 pip SL and 120 pip target of around 183.5 R:R of 1:24
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014Well, the pull-back I was expecting, but no rejection yet. I went ahead and entered anyway, and will watch on lower time frames to see if it will go my way... Only 10 pip SL, so low risk...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014Looking at a bullish "V" reversal on M15, but I'd prefer entering on a pull back, since I don't really trust it if it hasn't really tested support. If I see a nice rejection of the S/R level noted, will consider long position, with possible target ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014Looks like the bears have taken control. Will be looking for short opportunities as long as price is trading below 184.20-30 area... add: until a bullish reversal pattern to ride back up

Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014After watching this thing fizzle for a while, 184.05 is my line in the sand for long position. If it breaks down, I will close out, and wait for better opportunity...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014So, basically, I try to pick trades when the price is going to go one direction or the other, hence the lower time frames. If it's a reversal, then it should go my way pretty quickly, unless I'm wrong. Or if it's a break out, it should go my way ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014Actually, I enter on M15 (just easier to see on H1). I rarely enter trades on any time frame higher than M15. Gives me an earlier entry. After I entered the trade, I watch candle closes of higher time frames for confirmation, and also look for ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014Just to clarify, when I say "pull-back reversal", I mean a pull-back followed by a reversal and resumption of the trend. Probably goes without saying

Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014Everyone has their own way of looking at the market, and different tolerances of risk, so I don't mean to suggest trades, but just give ideas, and show some of the trading decisions I make, if it is of any help to anyone. I know I benefit from what ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014My broker says spread widening "likely" during times of high profile news events, or high volatility. In other words, whenever they feel like widening the spread they'll do so, and especially if a lot to traders are entering trades
I've ...Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014Looks like it is trying to follow through on that break out attempt. Scale in positions, low risk, and if price retraces, add to them (after pull-back reversal)... Just a suggestion for long trade... Edit: added above text in bold...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014My broker spread going crazy now
Ideally, will be a pull-back, and enter again. Put that daily chart still causing me uncertainty. NY close couldn't quite make it above that last high. So, we may be back in a range again. Time will tell...Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 11, 2014Went ahead and TP. Not decisive enough as we approach NY close. Will see what happens and reassess
Geppy's Geppy Thread (GBP/JPY)