I don't understand why people are going long. You are standing on the tracks with a freight train heading right at you, and you are playing chicken with it by riding towards it on your bicycle. There is major risk aversion with a major political ...

Geppy's Geppy Thread (GBP/JPY)

Here is an interesting article that points out some negative effects of Japans monetary stimulus. It's effectively reducing the average salary of the workers in the country. url

Geppy's Geppy Thread (GBP/JPY)

This can easily go as low as 167.5. I would not go long unless there is confirmation to go long.

Geppy's Geppy Thread (GBP/JPY)

Something fun to while away the time... video

Geppy's Geppy Thread (GBP/JPY)

Ok. looks like you are 0.2 lots long and 0.2 lots short i.e. you have hedged which means your equity remains unchanged regardless of what the price does. It's the same as not having any orders open. For this reason my sincere advice to you is the ...

Geppy's Geppy Thread (GBP/JPY)

I can't understand why you even thought about GBPCHF let alone trade it... EURGBP short would've been a better pair to trade. You mentioned something about GBP strength because of risk aversion. I think risk aversion is usually USD & JPY +ve and EUR ...

Geppy's Geppy Thread (GBP/JPY)

Just some thoughts on the price action today. It was an engineered move to give a false sense of strength before the slaughter. I think the main give away was the expanding or broadening wedge which tends to cause the market to become unstable ...

Geppy's Geppy Thread (GBP/JPY)

That H4 candle is ridiculously huge.

Geppy's Geppy Thread (GBP/JPY)

I think it's mostly over growth weakness in China. And there is of course political uncertainty over Ukraine. Right Temujin...

Geppy's Geppy Thread (GBP/JPY)

UJ is falling like a rock. The only hope for longs is if GU can break above the weekly pivot. But without any positive news it doesn't look like it will. Again, 170.63 needs to hold on GJ for longs. If it goes then the price will continue its ...

Geppy's Geppy Thread (GBP/JPY)

I think you need to be a little clear in your own mind if you want to trade long term (invest as you say) or trade short term. You should know that most people posting here are probably going to be day traders or short to medium term traders and the ...

Geppy's Geppy Thread (GBP/JPY)

Interestingly UJ GU and GJ have all just bounced off their weekly Pivots at almost the same time.

Geppy's Geppy Thread (GBP/JPY)

you can say that again...

Geppy's Geppy Thread (GBP/JPY)

I'd say 170.63 needs to hold for longs.

Geppy's Geppy Thread (GBP/JPY)

Worse than expected Chinese data is dragging UJ lower, so it may not break 102.84 anytime soon. However GU is holding above yesterdays high.

Geppy's Geppy Thread (GBP/JPY)

Agreed, this is beginning to look increasingly bullish. It's holding onto the trendline from 04/02. I think this trendline is the key here GBPUSD looks like its going to rise especially considering yesterdays hammer candle. USDJPY looks like its ...

Geppy's Geppy Thread (GBP/JPY)

FOMC isn't until next Wednesday along with the unemployment rate and other MPC data. Alot can happen before that. My view is short term technical. G/J has dropped below the 50% fib and has broken a number of technical levels, therefore it is either ...

Geppy's Geppy Thread (GBP/JPY)

G/U doesn't seem to be the main driver of G/J atm... it is stagnant. U/J is at a former support/resistance level that was a key level before NFP last week. The price has broken below it. If the level holds we could see further declines in U/J and ...

Geppy's Geppy Thread (GBP/JPY)

102.84 is crucial on U/J.

Geppy's Geppy Thread (GBP/JPY)

We do tend to have a reputation for being a little pessimistic... But, when you put the UK into perspective with respect to other economies there is alot of growth taking place, especially in London... If you're in the UK and you have some ...

Geppy's Geppy Thread (GBP/JPY)