Very cool thread FX-Ray. With the end of the year approaching fast and the DOW recovering all the losses from 17,000 almost in lock step with GBP/JPY I would not be surprised to see a grind higher peaking out at just past 190 with the DOW at 18,000. ...

Dragon Riders GBP/JPY

Grinding higher, Japan in recession and England sounding the alarm on paltry inflation. Still the bias will always be bullish against a central bank determined to demolish it's currency. I better remember that. The best pair in forex period. Can be ...

Geppy's Geppy Thread (GBP/JPY)

My apologies for getting back so late, Public opinion was souring on the weakening yen, made a very lazy and complacent decision before the impending data.

Geppy's Geppy Thread (GBP/JPY)

Thanks Didger, Made a bad assumption days before about the BOJ. Will learn.

Geppy's Geppy Thread (GBP/JPY)

Wow, lost it all..........again.

Geppy's Geppy Thread (GBP/JPY)

I'm not long, bought puts Sunday night and this thing must be below 174.75 by the N.Y. close. Suprised to come home and log in to see it was still a threat in Tokyo.

Geppy's Geppy Thread (GBP/JPY)

COT data says most are long USD. That's $2,000 a pip at the CME. Do they know something we don't?

Geppy's Geppy Thread (GBP/JPY)

It's trembling and chomping at the bit for that 176 as MPT said. This is the best pair ever. Buy mode is buy mode and vice versa. No data can stop it, all buy the dips. Good trade sir. IMHO I'd get out with those profits before that lady starts ...

Geppy's Geppy Thread (GBP/JPY)

In the mean time consumer confidence in the US was a blowout number so up, but it's own UK data sucked with 3 out of 4 releases worse than expected. I believe much of the FED language is expected and already priced into GBP/JPY. London has clipped ...

Geppy's Geppy Thread (GBP/JPY)

German IFO was really bad but instead of sinking it's waiting for the FOMC on WED. to save it, good luck.

Geppy's Geppy Thread (GBP/JPY)

Hmm, huge rally and the DOW and S&P 3M and Caterpillar blew out earnings. Looking for a sell since I missed that leg up. 176 maybe.

Geppy's Geppy Thread (GBP/JPY)

100 pips from that 172 sell. Bearish. We will see lower highs and lower highs until 161 emerges. 173.50 will be the next sell zone. Trade wisely.

Geppy's Geppy Thread (GBP/JPY)

Some high impact data in a few hours from the BOE. Very drab uneventful I'm sure. No rate increase, not many votes to increase the rates and some growth is left wanting. Short from 172.07 in N.Y. this A.M. Under water on this trade 28 pips in Tokyo.

Geppy's Geppy Thread (GBP/JPY)

Spartan I am a bear. This thing is stalling below the 100 EMA on the H4 chart. Even a mega rally on the DOW today of over 200 points did not help it that much. This thing is going lower AFTER 174.

Geppy's Geppy Thread (GBP/JPY)

Great to see you back here FX-Ray. It has been a week I would like to forget but must remember so that I don't repeat the same mistakes in the same stormy conditions. Have a great weekend all of you.

Geppy's Geppy Thread (GBP/JPY)

It appears the relief rally is underway, long from 169.50

Geppy's Geppy Thread (GBP/JPY)

We have some support here at the 169 level and should follow up through with an equities relief rally early next week. Have a great weekend everyone.

Geppy's Geppy Thread (GBP/JPY)

BOE data tonight and big time earnings announced in NY before and after the bell tomorrow. JPM, J&J, Ebay, Citi, Intel. If the BOE data is good and earnings are above expectations we can see a strong relief rally this week. Buyers I feel your pain. ...

Geppy's Geppy Thread (GBP/JPY)

Wanted to return to the thread and check it for posts once a day and contribute also. Some of the best technical stuff I've seen is here. The BOE took a pass on raising rates as expected and Japan is not going to ease further yet because of yen ...

Geppy's Geppy Thread (GBP/JPY)

and then at the height of my arrogance after a 100 pip gain on the sell side the pair began to skyrocket to new highs that I never could have anticipated, LOL!!

Geppy's Geppy Thread (GBP/JPY)