image Classic ascending triangle. Will look to buy on either a pullback to the bottom line of the wedge, or buy a retest of the breakout (presuming we do breakout to the upside).

Geppy's Geppy Thread (GBP/JPY)

The Euro looks a little topish, and this view might have some credibility considering the ECB may intervene if it the euro reaches 1.40.

EURUSD

Looks like the swissie is about 3/4's of the way to forming a W bottom. If we can pullback a little, going long around 87.15 might have a good payoff.

USD/CHF

Welp, I closed out my position at 101.90 for about 40 pips in profit. Originally, I was going to hold on longer, until about 102.60, but I noticed we encountered a bit of selling at 102.00, so I went ahead took profits near the apex of the retrace. ...

USD/JPY Discussion

I like your trade. Am looking to open a similar long right now at 101.50 with a stop at 101.35 and a profit target of 102.69. image

USD/JPY Discussion

What is this a chart of RAy? image

Geppy's Geppy Thread (GBP/JPY)

Well, the ol' beast reversed back above the neckline of the head and shoulders pattern... However, I've seen plenty of H&S patterns where this exact same thing took place, only to see the price reverse back down below the neckline, and then continue ...

Geppy's Geppy Thread (GBP/JPY)

Yes, if it plays out exactly, that is, declines from the break of the neckline the same amount as from the top of the head to the neckline, we'd be looking at about 600 pips. A shitload. As such, I will be watching the beast with great interest and ...

Geppy's Geppy Thread (GBP/JPY)

Head and shoulders has formed on the Beast: image

Geppy's Geppy Thread (GBP/JPY)

image Using all of these together provides some great intraday support and resistance and potential price targets.

Frankfort Breakout EA

This system might work well combined with inside bar breakouts. The third post in this thread with the GBP/JPY illustrates perfectly what I'm talking about. If you notice on that big +240 pip decline on Jan 2nd, the trade was setup by an inside bar ...

Frankfort Breakout EA

Interesting ratio of wins and losses, ryukenden...I had similar results. I wonder what Peter Crown's himself is now using since "long tail" DIBS is apparently no longer working?

Peter Crown's DIBS method revisited

There does seem to be more volatility, chop and stop-hunting than there was in the past...so maybe DIBS, as Peter Crown's endorsed it, is indeed outdated... That said, I have ripped off some killer day trades using this method...so it still seems to ...

Peter Crown's DIBS method revisited

Because price is sitting on the trendline extending from July 2013.

EURUSD

The euro's uptrend is still intact, but, out of all the majors (along with the swissie), it's the one that has the most potential for a reversal...it's not time to get short yet, but it maybe coming...stay tuned...

EURUSD

Ya, they're so correlated in fact, that sometimes if I wanna go long the Euro, I'll short the Swissie, since the margin on it is less ($200 vs $280).

USD/CHF

Lil' pullback, but the Pound uptrend is still in place...no reason to get overtly short.

Cable Update (GBPUSD)

The beast correlates moreso with the Yen than it does the pound....I'm not suggesting discounting the pound, but the Yen is the more dominant component of the geppy and not the sterling....consequently, I stand by my assessment that the pound/yen ...

Geppy's Geppy Thread (GBP/JPY)