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Vermillion replied Nov 16, 2014Not just that. I think the USD as a whole is gearing for a boost in pairs with clear long term trends. The EUR/USD is pushing up sky high (by Friday intraday standards) with virtually no fundamentals to support it; with med-term outlook still ...
USD/JPY Discussion
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Vermillion replied Nov 13, 2014I'd say a movement of nearly 300 pips within the next few trading days, no? Whether it goes back up to 184 and beyond, or down to 179, I'm actually looking forward to this.
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 12, 2014What I don't like is that the only major event is the Reserve bank of Australia announcing that they may consider intervention. Funny thing is, AUD/JPY hasn't made huge moves yet, and while AUD s a pacific cross, there isn't enough justification to ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 12, 2014Price suddenly jumped 40pips. Why? The U.K. RICS house price balance fell just now (announcement came around 3 hours ago). Is there some other fundamental I haven't heard of?
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 12, 2014It's been dancing around the 182 support for over 14 hours....and this is supposed to be the infamous GBP/JPY; the "dragon". Edit: I'm somewhat scared now....the price is going to move by a substantial amount. Better not get caught against the ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 12, 2014Gah...I hate sitting right now, but given the rapid volatility at the support (as well as the increased spreads), I'm sitting here twiddling my thumbs and staring at my short..... Mpt, speaking of which, are you holding onto shorts or longs right ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 12, 2014My bets are on a solid intraday breach of 182. Will probably add another short here. I've still kept mine from 182.7 (took profit on the 183.3, but eh. I still made a profit). Somehow, risking 25% of my entire account paid off. Guess I'm eating out ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 12, 2014Mixed news, but I'd say it's slightly in favor of bears for the intraday, given that we've never had any significant corrections despite new highs. My plan is as follows: if the geppy goes to today's highs, I'll just short it from there. What do you ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 5, 2014This might seem a bit off topic, but does anyone trade volatile pairs (like the Geppy) on Fridays/Mondays? I'm just curious, considering the unconventional nature of chart movements during the beginning and end of trading weeks. If so, how do you ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 5, 2014Congrats. Market just hit 183.5....unless your broker has a large spread, in which case you just barely didn't make it. For now. =P
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 5, 2014My initial short term long has TP at 0.8630. If it holds, I'll adjust to 0.8650, or go even lower than the initial TP depending on how choppy the market ends up in an hour or so. Where are you marking your positions? Edit: My typing skills decline ...
AUD/USD
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Vermillion replied Nov 5, 2014Damn...I was hoping that the news would provide a possibility of reloading new shorts for the AUD/USD. I guess a short term bullish rally isn't going to happen? =( EDIT: I REALLY want to add new shorts, but.....
AUD/USD
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Vermillion replied Nov 5, 2014So...does that mean AUD/USD will go up for the short term time being? Or will it continue to march downwards? It seems to be ignoring the current AUD news, but it could be that the market movers are holding the price down for now in preparations for ...
AUD/USD
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Vermillion replied Nov 5, 2014If the USD PMI news coming in 1 hour turns out to be above expectations, I guess we'll take that as proof of the GBP/JPY going to DP(3)? What do you think, FX-Ray? Edit: DP(3) Should be around 185, right?
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 5, 2014Price still stuck around 181.8 Then again, 181.80/90 was the previous resistance. It'll probably be around the same price or be a little higher by the time the US news comes in 2 hours 30 minutes. What do you guys think?
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Nov 4, 2014Do you think the USD/JPY will manage to touch 114 before the US data comes tomorrow (approx. 6 hours from now)? Seeing as how all yen pairs are moving similarly due to the surprise BOJ QE announcement (especially the GBP & the USD), I have a feeling ...
USD/JPY Discussion
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Vermillion replied Oct 31, 2014Bought 0.1 lots at 168.4.....still kept.......Now I wish I bought more. =/ So......Why is it that whenever I buy small quantities for experiments and laughs, they always end up working? The kiwi, the looney, and now the geppy...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Oct 31, 2014Really, BOJ? A quantitative easing NOW? I knew the the BOJ announcement would favor the USD/JPY, but not to this degree...I regret sleeping through this time (it was 1-2am when the announcement came) Stupid TP at 109.8.....I lost 160 pips out of my ...
USD/JPY Discussion
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Vermillion replied Oct 30, 2014Right, but that's the end of the year expectation. I'm expecting an opportunity to reload short term longs by the time we approach 110. I'm trading intraday, so every pip counts for me. 109.6....Why 109.6? I can't really see any fundamental reason ...
USD/JPY Discussion
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Vermillion replied Oct 30, 2014Why do people think 109.5-109.6 will be the point of a correction? Wouldn't the likely point be around 109.8, which is the resistance established around Oct 1? That point was tested and maintained. Mmmm....decisions, decisions.
USD/JPY Discussion