Haha, nice! That's what I'm thinking as well. I've got 150 and then 153 as next significant areas of resistance from a weekly perspective.

Geppy's Geppy Thread (GBP/JPY)

I don't trade Geppy very often, but when I do, their is serious action! **195 and 161 pips floating profit** Lovin it!

Geppy's Geppy Thread (GBP/JPY)

LOL

Third Screen Strategy - Dr. Alexander Elder

It's all good, I was up 1,200 pips in March, now I'm down about 1,330 this week so only in the red by 130 pips or so from the past 3 weeks or so. However, I have about 900 pips floating profit with my various JPY cross pairs so I am not too upset. I ...

EurAnalysis

I've had problems with this pair before but I actually decided to start using a larger SL whenever I trade this pair. SL of 260 or so seems to work okay... LOL

Geppy's Geppy Thread (GBP/JPY)

I am content for the time being with my USD/JPY positions. Roughly 200 pips floating profit from the 4 USD/JPY positions.

USD/JPY Discussion

MKFX, Thanks for the words of advice. I have actually tested this system many ways and I have decided to stick to this plan no matter what. It seems to work better in the long run and also keeps it simple. Thank you though for the suggestion my ...

Third Screen Strategy - Dr. Alexander Elder

Just wanted to point out the power of the 50 EMA from a "Daily" perspective... I believe price touched the 50 EMA to the pip then was quickly rejected. *I will remain bearish until we get a daily close ABOVE the 50 EMA. However, I got knocked out of ...

EurAnalysis

Agreed! I am just amazed at how quick the GBP/JPY moves in comparison to basically every other pair one can trade... As you know I opened up a few trades around the same time as each other roughly 7 hours ago and G/J is up more than 50-100 pips then ...

Geppy's Geppy Thread (GBP/JPY)

I "borrowed" it from the FXCM Rep who frequents these forums...

Third Screen Strategy - Dr. Alexander Elder

Looks like we just might make some new highs here very soon...

Geppy's Geppy Thread (GBP/JPY)

By the way, at the Peak of the past few weeks I was up almost $20k! Now I'm back to break even... Oh well, that's the name of the game, you win some you lose some but always make sure that you lose less then you win!

Third Screen Strategy - Dr. Alexander Elder

Live Account: Yes. The "Current Open Positions" charts that I post on a daily basis (or try to anyways) is one of my actual LIVE accounts. This is what I'm tracking in this thread for those who are interested. I am trading EUR/AUD, GBP/AUD, EUR/CAD, ...

Third Screen Strategy - Dr. Alexander Elder

GBP/JPY longs are doing alright, roughly 112 pips and 78 pips floating profit with these two positions.

Geppy's Geppy Thread (GBP/JPY)

Since March 18, 2013 when I started tracking trade results on a consistent basis for this thread I am basically back to break even, actually am 130 pips in the red for closed profit and loss. I have a little over 500 pips floating profit with ...

Third Screen Strategy - Dr. Alexander Elder

1st Chart: Recently Closed Positions (April 4th - April 5th: -1,343 Pips) 2nd Chart: Total Profit and Loss since March 18, 2013 (-130 Pips Total) 3rd Chart: Current Open Positions (500+ floating Pips)

Third Screen Strategy - Dr. Alexander Elder

No problem, glad you enjoyed it. Areas of support / resistance are of importance but only when observing price action at those levels. Also, the larger the time frame the more significant that area is. Congrats on your trade, I'm right there with ...

USD/JPY Discussion

I try to stick to this system for the majority of my trading. However, I do keep an eye on Monthly and Weekly support / resistance areas along with price action at those levels to look for possible long term trend reversals. Also, keeping track of ...

Third Screen Strategy - Dr. Alexander Elder

Weekly, Daily, Open Position, & Overall Bias For Our Most Frequently Traded Pairs AUD/JPY: Weekly - Up Daily - Up Open Positions - Up Overall - Up CAD/JPY: Weekly - Up Daily - Up Open Positions - Up Overall - Up NZD/JPY: Weekly - Up Daily - Up Open ...

Third Screen Strategy - Dr. Alexander Elder

Excellent!

Third Screen Strategy - Dr. Alexander Elder