GBP/JPY Equity Building Profitable trading strategies

[rrram2]

Not to brag but I have 762 RT trades in less than 60 days with a profit ratio of over 99% on all trades. It is a matter of proven past performance.
Yes I have lost in the past, but the last time or two were invaluable even if they cost 10K or more. And since I have become even more margin concious
there is very little chance of me getting sold out agian by my broker.

I still have not made back all of that 10K, and I have not curbed my spending habits and gas has not decreased in price, so I sure don't have much extra money at this point. I've got tennants who are behind on rent. RE assesments went up in Chesterfield county almost 20%. I had to pay those taxes. I have 2 rental houses there and dont escrow. Alpacas are causing mad drawdown! Grain is up, hay is overpriced, the vet makes like $220 an hour but I guess that includes her trip charge so suddenly I dont feel so bad for charging $110 for the first hour with my trip charge. Then there is $700 in Child support on the first of the month, so forex for me is sadly a recreational activity instead of a business

[mytwopips]

I have a clear board with tiny profits to show for it. I had to cut early because I was not comfortable with the size of my leaders.

It looks like a downtrend may be coming. If so, I look to start buying in again cheap.

[rrram2]

She goes up.
It is what she DOES!

[rrram2]

But she has been going straight up for the last hour. Makes me wish I bought some at 211.50 or even when t gapped up. But I didnt. I am selling
off NJ as its going up too.

[rrram2]

Anyone check out the clouds

I really enjoy those and think one day I will examine them in detail.

I really dont like the looks of the nasty weekly candle. But after tomorrow we will see where it closes for the month. But for now she seems to be headed straight north

[Andrewunknown]

Clouds:

The daily IKH chart is still entirely bullish. The kumo (cloud) is beginning to flatten out up front to reflect the congestion period we've been in the past 1.5 weeks or so.


The 3H (attached) is mixed. Price crossed below the kumo on Friday (bearish) but has since thrown back above the kumo (bullish) and has found support on the 2100 ET candle after testing back into the cloud. Tenkan-Sen (blue line) crossed top-down over Kijun-Sen (red) above the kumo (weakly bearish). As you can see, price is actually supported right now by Kijun after breaking on Friday. Price is just below the Chikou Span, but again: above the kumo (weakly bearish). The kumo itself is relatively thin, indicating support (and as we saw earlier today, resistance) are more easily violated.

[4xStar]

It has finally achieved the pullback our friend Jeb has been calling for these past 2 weeks .. this should be it, is everyone loading up the boat??

[rrram2]

As I said I would be buying at 209.50, I wouldnt worry about more down but as always be careful if you are using real money perhaps scale down 20-50 pips from here if you are worried and at least 20 pips.

[rrram2]

is he the one thas does the cloud analysis?

Originally Posted by 4xStar

It has finally achieved the pullback our friend Jeb has been calling for these past 2 weeks .. this should be it, is everyone loading up the boat??

[rrram2]

I only got in deeper with NJ overnight, and made maybe 22 pips or so,
very tight range for the baby.