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Temujin replied Mar 12, 2014So far, so good. I went with a weird pair but still GBP. GBP/CHF long at 145.33.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 12, 2014Reading all the posts I missed. Seems to still be in a tentative downtrend. Even though stocks are selling in N.Y. and of course selling for U.S. dollars USD/CHF sucks, why? I don't know. Lost 35 pips on that horrible long and had to capitulate ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 12, 2014The Nikkei is gonna start to suck bad. No further incentives from the BOJ and taxes are on the way. I don't want to keep selling at this support level or buy it either. I'm out for a while for a try at USD/CHF. Maybe when the Russians take Crimea ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 12, 2014Lower highs all time, this thing is F%#*% bearish. Got 15 pips out of it and closed that long. The key to success is to keep your mind nimble and keep changing it. On top of all the other stuff I've posted here pointing to a growth slow down now ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014It worked Josh so that was the support level. Now I don't know if London will follow through or.............
Appears to be in some kind of tentative uptrend again after 2.5 days of selling. Not sure if I should TP the 40 pips or let it ...Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014Thanks smash1820. It seems 171.00 is holding the line in Tokyo so far. This may be the place for a rally up to the 38.2% Fibonacci weekly pivot line of 171.72 but I can also see it's a fight here too. Went long at 171.02. Hope this is the ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014Had to close that short and take the 74 pips. They are trying to cowboy up now and rally it after that 250 pip fall from March 7.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014It's trying to rally at 171 now. The pound is awesome. Isn't Carney going to raise rates in the next 3 years?
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014A 100 pip gain, yes there is a support level near that 170.60. Some kind of relief rally could be on the way before the downtrend continues.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014So Caldera, what is your analysis for GBP/JPY? You know my view.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014It's very normal for markets to ignore events until they no longer ignore them. Happens all the time.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014Looking for 168.16 followed by 166.93 in the coming days.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014With that BOJ press conference stating no new QE, China credit has now been cut in half. Global event risk like Ukraine. This market is a sell now. Market top with increased risk.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014I agree Trader, Read an interesting NY Times article. Lavrov reported Kerry cancelled when in fact it was Lavrov that refused to answer talking points. Any diplomacy citing the new Ukraine gov. as a starting point to negotiate has been ignored. They ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014Oh goodness, Mercy Seat. You're dollar cost averaging these pairs and taking long positions? They are in a down trend, down.

Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014I reside in the U.S. so London is open the time I sleep. My sell order still looks good. The DOW Jones and GBP/JPY are leaking out slowly. It seems bank news algorithms are scanning for resolutions on the Ukraine crisis but so far there are none. I ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014Not seeing any news contrary to the Monetary Policy statement earlier. Still a sell to me. Have a good one.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 11, 2014Welcome Kbfp. Kuroda will determine the levels in the next 27 minutes. You stay neutral to see the possibilities, I like that.

Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 10, 2014Took 72 pips from my last sell order now closed, initiated another sell at the market, 171.97. Waiting on Kuroda to change my mind.
Geppy's Geppy Thread (GBP/JPY)