It's just a minor pullback in my opinion...as long as the Bank Of Japan continues with it's policy of debasing the Yen, the beast will continue moving up.

Geppy's Geppy Thread (GBP/JPY)

image An inside bar breakout is what preceded today's big move...

Geppy's Geppy Thread (GBP/JPY)

I use inside bar breakouts on the 1hr chart with the beast...this method works pretty damn well...but ya gotta be fast.

Geppy's Geppy Thread (GBP/JPY)

The daily uptrend is still quite intact, so if I had to speculate, I would say we go up. But at the end of the day, nobody knows, Oeden. Just gotta play it as it comes. Edit: -222 pips as of 1:38 est, wow, the beast went off today.

Geppy's Geppy Thread (GBP/JPY)

Little pullback on the pound, but one day doesn't mean a trend change.

Cable Update (GBPUSD)

Good deal...that pound short woulda been really painful. lol

Cable Update (GBPUSD)

Not sure how you can have a nice profit shorting the pound when it's currently at it's highs...

Cable Update (GBPUSD)

Who knows what's going on behind the scenes, but looking at that chart, which is in a very clear uptrend, it boggles my mind why anyone would want to go short. Same goes for the dollar/yen, and the euro to a slightly lesser extent. The only major I ...

Cable Update (GBPUSD)

image image WHY???

Cable Update (GBPUSD)

I'm looking... image

EURUSD

Lemme guess: you're short the Euro?

EURUSD

^^^ LOL Following the trend is indeed no guarantee of success, but, used in conjunction with a good trading system (which are very rare), it does indeed increase your odds of doing well. As far as avoiding a massive reversal, well-placed stops can ...

EURUSD

Yep...whatever the time frame is, going with the flow instead of against it makes things a lot easier.

EURUSD

Yeah, I don't know what is about us traders that makes us want to buck the trend, and go contrarian, but this urge is very, very strong amongst our kind. I used to think this way as well, I'd gaze at a powerful uptrend and think "Look how high it's ...

EURUSD

Given that the Yen technically and fundamentally should continue depreciating against the US dollar and British pound, I'm of the opinion that the Geppy will maintain it's vertical ascent. As such, I will be looking to keep adding longs on inside ...

Geppy's Geppy Thread (GBP/JPY)

I was just reading some of the statistics from traders positions here, and I was rather shocked that the majority are short the Euro which has been in a clear uptrend all year. But then again, this shouldn't come as a surprise, as the mindset of the ...

EURUSD

40% is brutal. You won't last long taking losses like this. I try and keep my risk per trade at 2% of my total capital. Sometimes I crank it up a bit. But not often. Good luck.

WTF is wrong with me?

Welp, I got stopped out...back to the drawing board!

AUD/USD

As IveGotQuads pointed out, the AUD/USD has terrific support on the weekly chart around 89...I would be a reluctant short here...so, I went long about 8 hours ago...with a tight stop loss @ 89.16..now, we wait and see.

AUD/USD