bah! been hanging around on Geppy's Geppy, last response (except for one from me recently) 5 HOURS AGO!!!!! This is thread is much more fun

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Up or down guys? I'm still hoping for the move down through edit: 170.7 (bearish rectangle) and towards 169.9 (rising TL and completion of rectangle)...

Geppy's Geppy Thread (GBP/JPY)

Careful of shorts guys, price has been supported above 1310 (which happens to be the 20day EMA) for 5 hours now... Not saying it won't happen but it does look less and less likely... image

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The possibilities are endless It does look like it's heading back north though!

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Yeah I had considered that, apologies for distractions

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My pleasure

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Hey guys, I received a pm asking for the analysis I based my GBPJPY call on, VERY simple a bearish rectangle: url this pattern has a 79% success rate, fairly decent odds! Bear in mind this could reverse now because we are meeting resistance from ...

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Cheers mate, I hope it keeps going too

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Anyone take this trade? Quite tempting to take profit now right? I believe we will go to AT LEAST 170.7 but still believe in the original TP of 169.9. Good luck - I'm almost out of water on this one

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Sorry to mention again, but good RR trade with tight(ish) stoploss: Sell GBPJPY: Now (171.41) SL: 171.61 TP: 169.9

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I did pulled out a bit early though but still made a tidy profit

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Good to know! Thanks

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Very interesting, are those stats for candles on the 4H?

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I seriously think a retracement is due, but might go up to 1316.x first (upper trendline on the 4H)

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Anyway, I think to sell at this point would be a good RR trade, stoploss just north of the rectangle tp at least the distance of the rectangle below....

Geppy's Geppy Thread (GBP/JPY)

Possibility on GBPJPY with small stoploss... Bearish Rectangle: image

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Still holding my short, although quite heavily underwater at the moment. Price doesn't seem to want to rise from here, maybe a bearish rectangle??? Grasping at straws perhaps? image

Geppy's Geppy Thread (GBP/JPY)

It looks like price is caught (at least for now) on the 20 day EMA, not sure which way it will go from here so closed my long....

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