We're approaching the initial target price from my previous quotes. We also have UK data coming soon, so this window is vital in case the trend changes. Unless confirmed, however, I'll assume that this is only a temporary pullback until 180.20/00

Dragon Riders GBP/JPY

Refer to my post on the "Geppy" thread. I made an analysis a few hours ago that I leaned towards this recent fall being unnatural and against the underlying bullish intraday trend. In case you just don't want to read it, the simple version is that I ...

Dragon Riders GBP/JPY

Well, for the time being, my forex analysis is still on the mark. It's good to know that even surprise events like the Greek bond rejection didn't invalidate my analysis. ....Still wish they didn't force me to take losses and leave for the time ...

Geppy's Geppy Thread (GBP/JPY)

I'm going to keep adding longs. Already got longs at the 177.80/70 support, and just added another one. Probably going to TP at yesterday's high and then reload for potential movement up.

Dragon Riders GBP/JPY

If by "shine", you mean "being utterly reprehensible and ill-timed cunts", then yes, I candidly agree. I have two longs at 177.80 and 177.90 respectively. But even with adding new longs, The loss I had from the Greek surprise still stunng. Still in ...

Geppy's Geppy Thread (GBP/JPY)

A good price. I recommend you get ready to close your positions in case things go sour. If you keep a good eye on the charts, you shouldn't lose more than 30,40 pips.

Dragon Riders GBP/JPY

We need to retest 178.60/40 to see the bulls gaining a slight advantage over bears. The Greece bond news, however, has really dampened bullish movements. Without it, i would have anticipated a retest of upper 178s/179.00 by now. A shame really. We ...

Geppy's Geppy Thread (GBP/JPY)

Agreed 100%. I see so many traders filling their charts with all these lines, formations, and indicators (half of which I don't use or have never even heard of before). I find an overly complicated chart to be the worst thing to explain forex, not ...

Geppy's Geppy Thread (GBP/JPY)

Actually, no. 1.40 is a point of contention, and I'm guessing you saw the penetration at the end of the NY session? The news for Greece came out in the last 30 minutes. Forex markets overwhelmingly do nothing in the last hour of the trade, since the ...

EURUSD

Nicely put. A retest of 175.70 has a good chance of being "the one" for bulls/bears. You've summarized my current stance in one paragraph. Well done. It's nice knowing that someone knows exactly what I was saying (and more) without having to spend a ...

Geppy's Geppy Thread (GBP/JPY)

Nicely done. You caught a lucky break with the Greek bond rejection. I hope you've locked in some nice pips, because the market might go either way for now.

EURUSD

Long term? USD. Abenomics isn't solving the failling domestic economic infrastructure. it helps profits of conglomerates, but the lack of care devoted to the redistribution of the newly printed money in the economy (via consumer consumption) causes ...

USD/JPY Discussion

*eight hours later* Urgent News: Greece has just declared bankruptcy over the rejection of its bonds as collateral! *price drops even more* I'm kidding. But honestly, get ready to fly when charts go awry with a major news in tow.

USD/JPY Discussion

Really? The initial triangle on the 4hour chart is, in my opinion, invalidated. I expected the movement to 179.30/20, followed by either 180.20/00 or a pulldown to retest the descending triangle trendline. After that would depend on dominant ...

Geppy's Geppy Thread (GBP/JPY)

Oh wow. No new support or resistance. What a surprise. Actually impressed by the extent of the fall, however. The end of NY session would have likely aided in a fall right here to 177.80. NY investors pulled back as there was little volatility time ...

Dragon Riders GBP/JPY

Depending on the tokyo chart movement, I may long once more. Honestly, we had a fair chance for an upwards movement (we held the 178.50 right up to end of the NY sesssion) when it suddenly fell. Rather impressive when you considered that much of the ...

Dragon Riders GBP/JPY

No. All bets are off; we're hitting old supports right now. tere's bank run fear in greece.

Dragon Riders GBP/JPY