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    • Fx3422271 replied Aug 4, 2013

      I think if you traded a big news release for GBP and it was positive it would be safe to jump in. But, I totally agree with FX Alien here that it still hasn't shown us a bullish trend on the D1 chart yet. But, if bullish news came out I would jump ...

      Geppy's Geppy Thread (GBP/JPY)
    • Fx3422271 replied Aug 1, 2013

      I agree 100% with your post, however I think that the market has a bullish bias for (GBP/JPY, USD/JPY, EUR/JPY) at this point and it is obvious. But, like you said tomorrow will give us a clearer picture. I am lucky to currently be in both AUD/USD ...

      Geppy's Geppy Thread (GBP/JPY)
    • Fx3422271 replied Jul 25, 2013

      That is why proper risk management is important. You will always lose trades but as long as your R/R is 1:2 or higher you will hopefully come out on top. If you lose 8 trades but you win 5 trades you will still come out on top. So imagine if you win ...

      Geppy's Geppy Thread (GBP/JPY)
    • Fx3422271 replied Jul 25, 2013

      Well, I am more of a swing trader. I get alerts sent to my cell phone and then take a look at the charts. I calculate the SL and then calculate the difference between the opening price and SL. This is how I determine the limit price. Then, I walk ...

      Geppy's Geppy Thread (GBP/JPY)
    • Fx3422271 replied Jul 25, 2013

      Well, Geppy will be the first to tell you that there is no holy grail. However, I always like to keep an open mind otherwise you may pass up the opportunity to learn something. Like I said earlier, I hope it works out. That's what we are all here ...

      Geppy's Geppy Thread (GBP/JPY)
    • Fx3422271 replied Jul 25, 2013

      Hey Smash, Congrats on your new system and although I would love to share in your excitement Mr. Market has taught me better. Any system should be tested for at least 6 months not 6 hours. Either way, I hope it works out for you but market ...

      Geppy's Geppy Thread (GBP/JPY)
    • Fx3422271 replied Jul 24, 2013

      I am still in a long GBP/JPY trade from last week so I have a free trade on my hands. Hopefully, the news will go in my favor this morning. It is interesting to see that you have begun to enter non GBP/JPY trades. I have been doing that for awhile ...

      Geppy's Geppy Thread (GBP/JPY)