STILL HERE

No i have not abandoned you...my computer has completely gone mad and it all has to be replaced...in the meantime i am keeping an eye on things using an old computer which is very very slow and gives me an all mighty headache.

The general view especially for geppy is that we set-up for an up move...we have had a correction (strated earlier than expected) but that correction is over...i am now looking only one way...and that my friends is up.

Happy pippin

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WHAT A TRIP

SLAM, BANG WALLOP...and i wasn't even talking about my trades...just my holiday.

Just got in so not a lot of time to see what the market has done, one thing is for sure, i had to close out my geppy trades coz i was away from a computer and wasn't sure were the reversal would end.

Sit tight and relax....we are in for more interesting movement in October. As far as September is concerned its a sit and wait month...all i see is consolidation.

happy Pippin


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GEPPY CHRONICLES: WORRIED ABOUT THE BEAR?..NO

As all the trades are swing/position trades, there's no need to keep you updated all the time. This week will be very interesting...as we got a bearish engulfing candle last week which could come into play?...That play is if we get a weekly close below 154.00 zone. Note that this is also the Monthly 5 EMA level so don't get too excited. Let it do it's thing and get back to it's up trend.

This is were patience plays a big part in my strategy...i will take this drop as an opportunty to load-up. The month has only began and i said at the start that when you do close your trade at the end of the month...the probability is that it will be likely towards the 170 zone.... so still expecting a bullish month.

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GOOD AS NEW

I'm back and good as new...thanks for all your lovely messages. I can also confirm it wasn't swine flu...I fill refreshed and ready to roll (partly due to the starting of the new football season)..yepeee.

I don't really intend entering new trades in Aug just probably adding to exisiting ones. All my trades are live and only one so far went a bit pear shaped. I posted my monthly outlook..i did not post any entry levels but did state were i intend to exist...and there are two reasons for this.

one is i generally enter based on levels which might not be suitable for many ..and two.... i don't know everything...

Remember to focus on the charts and not the news...the clues are in there somewere.

Happy Pippin



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GEPPY CHRONICLES: THE MONTH AHEAD

OK i have managed to get myself outta bed despite this horrible Flu that i have and took one look at the charts...

I really don't want to state the obvious but it's still in an uptrend. There are two target points i now have (highlighted in blue on the attached chart). The blue zones are also Fib zones (38 & 50 Fib)...The first zone is around the 170 zone and the second is around the 184 zone...sounds far fetched eh? but remember when i was harping on about the 170 zone at the start of the year?....

I will wait till we hit the 170 zone and see how PA reacts...before making any decisions...

Happy Pippin




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