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- 66 Results (65 Replies, 1 Comments)
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EllisParrish replied May 1, 2014Be very careful here as an announcement is pending...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied May 1, 2014The "ride" will be the confirmed breakout or break down based upon the combination of all U/J, G/J and then G/J moving in the same direction and breaking S/R lines. As they are not friendly right now, I wait. As you can see in the chart I posted, ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied May 1, 2014image Two previous Pennants: One broke up and one broke down and the third one I alluded too earlier. The dotted line through the center is the 172.50 line which has been hanging around since Monday.
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied May 1, 2014Looking at the end of the triangle being at approximately 7:30 am CST, I would hedge that the bundle of 3:30 am CST or the bundle of 7:30 CST announcements should push this tree over as many have alluded too. All three have now, on the 15 minute ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied May 1, 2014Facts: The U/J 102.24 support line is equal to the G/J 172.61 resistance line of which both are equal to the top of the G/J Ascending triangle line The U/J 102.20 is equal to the bottom diagonal line of the G/J ascending triangle line. Conclusion: ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 30, 2014HDA Yes, thank you, I just saw the error. Your logical observations all previously presented now make a tremendous amount of sense to me and the light has come on. I have tried to look at this currency pair from every mathematical view but there has ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 30, 2014Opps, I meant "if the u/J is down, the G/U turn down, therefore, the G/J will go "bearish"... sorry
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 30, 2014HDA Maybe I am asking the same question as Maximinus: Based upon factual observations The U/J is Down for the moment, The G/U is up for the moment, Therefore, the G/J is neutral as it is for the moment. If the U/J turn up, thus the G/U is up, ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 29, 2014image I'd suggest we have double pennants with a new 172.20/40 support and 172.8 resistance with same plays based upon R/S posted by Islander for the breakout / breakdown of the second pennant based upon news The U/J remains stable and in an up ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 29, 2014HDA, TY very much for the insight into the U/J and the Monthly Charting. Obviously both were over looked and never considered previous planning. We/I appreciate the pointers and shall implement them immediately.
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 28, 2014Break out occurs 172.60/70 Buy 1st Resistance is 172.80 Second is 173.00/20 Third is 173.60/80 Tough level 4th is 174.83 level Break down occurs about 171.10/00 Sell 1st support 170.50/30 2nd support 169.80/60 Tough level 3rd support 168.75/95 4th ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 28, 2014Since the beginning of the year on a Weekly/Daily chart, I see candlesticks that blew through the upper Bollinger band creating a new high and faded back to the SMA/EMA lines forming a new support line low and therefore creating a Bullish ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 28, 2014I think he is very helpful in helping FF traders understand his trading process, just as all traders who contribute to this site. We all have our methods but this forum helps in studying other obviously successful means and methods and allows us, ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 15, 2014I am not very good and am weak at picking and predicting trends or predicting announcements out comes as others can with charting etc. I look to try to benefit from the reaction to those announcements, trading and then taking the educated ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 15, 2014We tested 169.50 Friday and today both in very quick action. On Monday we hit a low of169.58 in a more orderly fashion. Lets see if we can pull back to the 170.17/39 area and begin another orderly test of 169.50 with a follow thru break down to the ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 8, 2014Since I got caught in the last one, I will not get caught in this one... image
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 7, 2014Probably typing when it came over...still hasn't done much. Some say any action was "priced in"...lets see !
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 7, 2014I am Neutral awaiting the announcement and then confirmation on a breakout or breakdown. I can see the argument for a trade, after the large drop since Friday and lower, tighter range near the bottom edge between two R and S lines as an indicator of ...
Geppy's Geppy Thread (GBP/JPY)
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EllisParrish replied Apr 6, 2014HDA, It was a pleasure meeting you and thank you for your insight, I learned from it.
Geppy's Geppy Thread (GBP/JPY)