If the carry trade is fully unwinding and each session cannot reverse the tide the 200 SMA on the daily chart is not until 164.50. Turkey is trying to contain the damage and hiked the rate. The market bought it for a while last week but what about ...

Geppy's Geppy Thread (GBP/JPY)

Wow, through the cloud on the D1? time are gonna be bad for a while then.

Geppy's Geppy Thread (GBP/JPY)

Use NZD/USD as your global growth risk appetite meter. It's fighting.

Geppy's Geppy Thread (GBP/JPY)

Not boring at all MPT, pretty fascinating stuff. Cool you know Wave analysis and Ichimoku. Both are very complex systems. Whoa! The selling is gaining velocity again, not good. I'm try to find an interim support now because selling this low can get ...

Geppy's Geppy Thread (GBP/JPY)

I think so MPT. The fundamentals are just blown, gone. It's just going into more volatility as markets just don't go straight up or down but eventually it will reach the 165.70 area of Senkou Span B. All these other areas above, it has already been ...

Geppy's Geppy Thread (GBP/JPY)

This is the tough part now. The London guys could just say nope, no fundamental change in anything really and just tank it down too. This all started with emerging market hysteria with the U.S. Fed taper as the catalyst. U.S. dollars getting the ...

Geppy's Geppy Thread (GBP/JPY)

No, I meant long. This is because despite a sell off in equities where the Japanese move out of stocks and into the Yen the price level has still held. London however will be the determiner for the week. It could suddenly start to break down near ...

Geppy's Geppy Thread (GBP/JPY)

Yes, they were utterly obliterated. The Nikkei was also demolished, down 186 points so far. GBP/JPY however is holding the line at 168. Guess what that is indicative of?

Geppy's Geppy Thread (GBP/JPY)

Seattle will take the Bowl from them.

Geppy's Geppy Thread (GBP/JPY)

The Nikkei and DOW got a good smack down last week. If the emerging market bleed can be reigned in we will see a relief rally and the dragon will go along for the ride.

Geppy's Geppy Thread (GBP/JPY)

This was my post on Jan 22........ I see something guys I have to mention. USD/JPY has been stuck in this range right? Deflation in Canada is showing up and the metal prices are depressed now. The FTSE and the DOW are leaking down. But this one is ...

Geppy's Geppy Thread (GBP/JPY)

For sure because then you can get a couple hundred pips as 169 will be the new resistance level.

Geppy's Geppy Thread (GBP/JPY)

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Geppy's Geppy Thread (GBP/JPY)

Oh yes, it's something bigger because this is the 2nd round of another 10 billion dollars in stimulus cut out of this market from the U.S. Fed. It's the entire risk trends market in general and GBP/JPY is a poster boy for that, the alpha dog. It's ...

Geppy's Geppy Thread (GBP/JPY)

Hey MPT. The pace at which the downside legs have sold off lately is familiar to me. It has the feel of an outright flight to safety. The Japanese CPI numbers mean that the mission is almost accomplished here. Japan for the first time in a many ...

Geppy's Geppy Thread (GBP/JPY)

I would like to keep going here even though FX-Ray took all the money and left. A bunch of Japanese data tonight but I guess what stands out is CPI is rising. I'm seeing 3 rejections of the 200 SMA on the M30 chart but London could give it another ...

Geppy's Geppy Thread (GBP/JPY)

LOL, this one is hard to figure out yes. It's going to completely ballistic with the U.S. data coming out in a few.

Geppy's Geppy Thread (GBP/JPY)

Awesome. GJ can be the best to the wise but robs the foolish. I use % although I would like to count pips. From January 3rd I've added 307% to my account balance. Most of it was not me but by the grace of God. This pair can be brutal.

Geppy's Geppy Thread (GBP/JPY)

Maybe 168.63 was it for the night? It's 110 pips down.

Geppy's Geppy Thread (GBP/JPY)

168.50 then the D1 55 EMA @ 168.18 They are having great difficulty holding it aloft above 169.

Geppy's Geppy Thread (GBP/JPY)