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benaiah replied Nov 6, 2014Could be turning it's nose back up. For me, 182.30 is key. As long as it doesn't fail this level, it looks to me like it may be resuming upward...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 6, 2014Ha ha, you recognized where I am?
Sorry to anyone dealing with cold and/or rain and snow. I've been there, done that. Decided 20 years ago, I didn't want to deal with it anymore... Anyway, waiting for the next GBPJPY decisive move, and thought ...Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 6, 2014Still holding short positions until I see a bottom... Looks like it's ready to bounce, though. We'll see...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 6, 2014I guess I shouldn't complain? But it's kind of hot

Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 6, 2014
Strongly agree. It's my belief that 75% of the trader's battle is knowing when not to trade...Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 6, 2014This is why I like looking at the lower time frames... Nice pin bar on the H1 chart. Could be pointing to a potential bottom. However, when I look at lower time frames, I don't see a foundation to that bottom yet. I'd rather see the foundation ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 6, 2014Well, anything is possible
But until the bottom forms, I'll expect price to go lower. Will keep watching, and waiting 

Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 6, 2014Still a bearish view of this pair, short-term. Just my opinion, but I'd recommend waiting for a solid bottom to be formed on this pull-back before entering long positions. Loosely speaking, I'm seeing 182, 180, 179, and 175 as potential reversal ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 6, 2014maybe. I'm not convinced it is done falling yet. Probably goes without saying, won't fall in a straight line... First thing I'd look at is how far up can it make it through that huge bearish H1 candle before it is rejected? I'd look for it to get ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 5, 2014I look for reversals when price is at extremes. It is definitely at an extreme right now. And one bearish H1 candle has sliced down through 14 or so candles. So, to me, this is a good short opportunity. Of course, I'll be looking for reversals all ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 5, 2014I wouldn't write off a 50% retrace to around 175. The 100 sma on the daily chart is like a magnet with this pair for the past year, been touching down on it or falling through it almost every month. I don't typically base trading decisions on moving ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 5, 2014Ha ha, I wish. If anyone can get a good read all of the time, I will pay good money to learn what they know. From what I've learned, there are times when there is simply not a clear picture. 75% of the trading battle, is to know when those times ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 5, 2014You are not ignored now. Mutual respect. Peace. Let's learn together, then...

Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 5, 2014I appreciate your post, and respect your view. I agree lower time frames can be tricky. However, most of the time, I can see the price action more clearly on lower time frames. The key is looking at a broader scope, and context, along with higher ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 5, 2014Well as I mentioned, I trade any day and every day. If the price moves, I look for opportunities. The only thing to be careful about on Friday in my opinion is you could get stuck in a trade, and be forced to take a loss, or risk the weekend, and ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 5, 2014There are a lot of different approaches to trading, and I respect anyone's comments as it relates to trading. As I mentioned, I continue to learn. I don't think I'll ever stop learning. And since my "private non-GBPJPY" actions have been brought up ...
Geppy's Geppy Thread (GBP/JPY)
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benaiah replied Nov 5, 2014Technical anaysis Fundamental analysis If you have a lot of knowledge and experience, I'm sure it will be noted, and you won't have to remind everyone of how you should be respected.
Geppy's Geppy Thread (GBP/JPY)