You guys have been saying MM's are bears from 1.50, the reality is it doesn't matter what they are, what matters is where price is going after you place an order. If price is going up, you best be waiting. It's something I'll just have to disagree ...

Sonic R. System

Well, since a lot of the PVSRA analysis is based on M1 time frame, the way to do it would be to make sure you have a sonic set up already under way on H1, H4, or D1, preferably all three, this way you're already in a high % trade and in current ...

Sonic R. System

yen dollar is finito.

Sonic R. System

she better have bottomed for the next few hours damnit! I want a rally!

Geppy's Geppy Thread (GBP/JPY)

Hmm could very well have bottomed for the night.

Geppy's Geppy Thread (GBP/JPY)

All the yen pairs have bottomed out for a very very very long time. Most probably will never see those lows again. That's why I'm hoping they get sold off super hard in coming weeks. Along with the Nikkei, I want to go super long and get in on the ...

Geppy's Geppy Thread (GBP/JPY)

And Down she goes. Woulda coulda shoulda stayed short Especially when i sold the damn near highs other night! Oooh where's my crystal ball? Nikkei gettin hit, this should only be the beginning

Geppy's Geppy Thread (GBP/JPY)

I still think it's likely UJ will make new highs either later this year or next year. BOJ has said they will print UNLIMITED amounts of money. Think the selling now is more technical and a matter of shaking out weak players. Then again, who really ...

Geppy's Geppy Thread (GBP/JPY)

Yeah, I hear you, I think the nikkei is giving warning signals, as it looks like it's ready for another decent size drop. This would go hand in hand with UJ dropping. Right after the election and even leading up to it was super bearish on UJ waiting ...

Geppy's Geppy Thread (GBP/JPY)

This thing could fall hard, but I'm expecting 98.84 level to hold for now. Have closed out a short I had and am now long. 98.81. I have absolutely no doubt it cann fall to 98.50 tonight. Below that level would be absurdly dangerous as i see the next ...

Geppy's Geppy Thread (GBP/JPY)

Understood. Keep up the good trading, wish you many green pips

Sonic R. System

WF i respect you as a trader and like your style, but in the above how is that a classic? price has not gone above the M15 dragon at all. It's below 99.33 resistance and still not above dragon. With that said I think you'll make some pips on it but ...

Sonic R. System

Still bullish on UJ Geppy? Might range 99.33-98.84 now, fell under that trend line, but markets aren't trending right now so doubt it really matters. Messed up on my GU trade by not taking profit at 1.5268 support level I had drawn out so didn't ...

Geppy's Geppy Thread (GBP/JPY)

Looks like they just want to stop everyone out on every side right now. I don't trust this move. EU action completely rigged right now, maybe they'll just send it to the sky.. who knows

Sonic R. System

Crazy, 400 pip moves daily! When will the volatility return

Sonic R. System

Without a doubt, managing your money properly is #1. You could be the best trader in the world for all you know but if you're not managing your money properly you're going broke, period.

Geppy's Geppy Thread (GBP/JPY)

Agree with this, should be making money every month. Sure there will be draw downs and there can be a month or two here and there where you lose, but overall I'd say probably should be winning something like 10/12 months or more.

Geppy's Geppy Thread (GBP/JPY)

He meant jobless claims.

Sonic R. System

The why's don't really matter. Price moves. Up and down. Technical selling. Support and Resistance levels. The Nikkei has gone up massively from the lows, UJ has rallied 800 points from low to high. If it were up to me all the yen pairs would fall ...

Geppy's Geppy Thread (GBP/JPY)

It's the return of risk off, USD-JPY basically at that 99.60 level I saw most likely coming. Falls off this trend line and could be a real sharp decline. Risk off! Unsure as to if USD-JPY will sell off hard but it's looking like that will occur ...

Geppy's Geppy Thread (GBP/JPY)