this could be one of the most magical moments I've witnessed in this thread. Interest waned after geppy and albchr bailed. I learned a lot from you both and banked serious green pips. Im so happy I just might howl at the [full] moon!! ![](https://resources.faireconomy.media/images/emojis/64/1f918.png?v=14.0)
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GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
Geppy - Pick the bottom 18 replies
Lets Talk GBP/JPY "the geppy" 156 replies
geppy is "ugly" when ? 14 replies
Geppy outlook 0 replies
Dislikedthis could be one of the most magical moments I've witnessed in this thread. Interest waned after geppy and albchr bailed. I learned a lot from you both and banked serious green pips. Im so happy I just might howl at the [full] moon!!{image}
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Disliked{quote} It doesn't normally move south after breaking north from a reversal pattern. The only question is strength. But, yes, it could fall back inIgnored
DislikedMpt, I hope your wrong. Just got back and it's still consolidating or rather flat 1h chart. Two hours to go and I'll know if it's breaking to the wrong side for me.Ignored
Disliked{quote} Normally people say "don't watch the 15 minute" or so. In this case, don't watch the 1 hr. Preferably 4hr and daily. The moves are so small that any lower TF can sometimes give a false read. By the way, I'm not giving a trade call here. I'm simply saying that I THINK 171.8 will break. But I have no idea.Ignored
Disliked{quote} Just two sets of parallel channel lines. Essentially drawn between the high low points, as you can see, with the other one following the uptrend out of 170.9. Very rarely are they perfectly symmetrical, but this one was absolutely so. It assumes the shape of a diamond, but more often than not it takes a lot of 'poetic licence' to see the shape. The formation occurs at the bottom of a move or the top of a move as a reversal. BUT, it can also occur mid range as a continuation pattern - so they cannot be believed until they break out one way...Ignored
DislikedHi Geppy, welcome back! Would be really nice to have the creator of this thread post more often.Ignored
Disliked{quote} what is the logic of shorting this pair?.i dont see fundamental change in anyway,if i see anything the prices going down it is becos of the traders liquidating thier position and the kind of rallies one tend to see on the short side are not very reliable.second is it a risk averse play? what was the risk event? if europe is the answer then if anything it should help the pound as funds should flow in britain therby strengthening it.please note just to be clear 2 weeks ago i had liquidated about 30 position with average entry price...
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DislikedAnd honestly, if we can't get through yesterday's lows (~170.95) and push lower tomorrow then I'm bailing on these shorts (shorted another small position this morning at 171.809).Ignored
Disliked{quote} Kind of my thinking as well Geppy. But UJ cracked the 102 handle and I can see 101.41...maybe a touch more. And hopefully GU will take out 6800 after that last rejection at 6858ish. If so, I should get out of these last ones pretty well me thinks.{image}
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