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Temujin replied Mar 20, 2014The dollar will do well. Hmmm GJ is popping now.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 20, 2014I went long here at 168.91. It seems to be an accumulation area but.........
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 20, 2014Another, Sold 169.24 before London and voila! 44 pips. At 173% gain now and closing in on that 300% account triple.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 19, 2014Read some new stuff to me; Fitch stated the sales tax would not mess up the recovery in Japan, not good for GJ. Takahide Kiuchu to the WSJ was warning of the bad effects of too much stimulus, another minus for the pair. GJ is a sell, I just cant' ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 19, 2014No, no. Bad trade also. Concerned about the dollar nuts, they are out now and all it will take is some scary thing to wind them up again. Not sure what to trade now.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 19, 2014Looks good, I tried to sell GJ twice in Tokyo and it's not working, had to close the trades, one of them at a 10 pip loss. Since I missed the long trade on GJ, I do see another. I think USD/CAD has overstepped on the hype today. 3 bullish pennants? ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 19, 2014I shorted AUD/USD at 0.9115 before the Fed chair speech and market open in N.Y. I'm pleased with the results. Janet Yellen came though for the U.S. dollar as I anticipated and upon my arrival from some business today I logged in hours after the ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 19, 2014Sell the rally yes. Unless the U.S. economy takes a drastic downturn cuts in the bond purchases will proceed.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014Whoa! pretty amazing! It does not make any sense but on the 15 minute chart it respects the level almost perfectly. 5 min. also.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014333 SMA? Wow, that's a new one for me. I gotta check it out now.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014Hey! Hello GJ. Yeah the 168.00 so far is holding. The Fed is strange. Taper another 10 billion for next month that's a given, done. This interest rate thing is tentative. Moving the bar for unemployment numbers to start to raise rates. Whoever ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014Anyone dare to hold long or short before the Fed Chair press?
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014My goodness! They want these interest rates like forever near zero. Get ready to SELL THIS MARKET HARD. China just reported the worst quarter for it's steel sector since 2000. I think we are down to days now. At any time all it will take is that one ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014Had to close it at a negligible loss. It can't even hold current price levels without creating new lows now. I may get long again though. The Fed Chair in less than 24 hours. Big time. Maybe buy USD?
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014Do you use investing.com? They included Bitcoin among their Forex majors, LOL!! Look on the right menu where you can click on Indices, Commodities, Forex and Bonds. It's under FOREX, LOL!!
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014So Yellen tomorrow. Too late. Carney already said the environment is risky. This is going to be very interesting. Not so much as what she says but the interpretation and reaction.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014Yeah, seems EJ is always in better stability. The percentages, they start to go against you. What is the probability you can keep winning? It's gets thinner with each winning trade. The best thing is to stop for 2-3 days, allow the chart to change ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 18, 2014Ah yes! Ok. I got it now. It's called the winners effect. Winning produces more winning until overconfidence creates extreme risk taking. Then you end up out in the open without protection and the account implodes.
Geppy's Geppy Thread (GBP/JPY)