GBP/JPY Equity Building Profitable trading strategies

[mytwopips]

It's a very good Monday for mytwopips.

I made a killing on the London and just sold all my guppy's in profit.

I consider myself more of a swing trader these days but I didn't even hold any of them overnight.

[rrram2]

Well I think 211.70 is a good place to get long too. Glad the forum is back up!

Originally Posted by mytwopips

It's a very good Monday for mytwopips.

I made a killing on the London and just sold all my guppy's in profit.

I consider myself more of a swing trader these days but I didn't even hold any of them overnight.

[rrram2]

It is not diificult to make much more than 20% a month.

When I am rolling I can make 20% a day. Don't forget I am using 400:1 leverage for one. And I buy a large number of lots. I may have as many as 40 at once all at different prices. Obviously when we get a strong up move that day I make a boatload, but also consider I trade 24 hours a day 6 days a week.

I am normally much more conservative than to be risking highly to make returns of 20% per day. I make 99% profit on all orders and make profit every day. So I am more of a long term trader not make a buck on one then not trade. I AM a high volumne trader. And may have several thousands
of lots traded per month.

Originally Posted by holypendant

what do u mean by playing it right? unless there sum strategy u play on ur own beside ur this system... buying on the way dwn n close on it's way up...

[rrram2]

"It's not the load that breaks you down, it's the way you carry it."

Lena Horne

[pakiestra]

Hi
I've read almost all post with a great interest. Seems you know your stuff rrram (hope I don't sound like a toady) and I buy the idea which stands behind it. There is always a "but"
G/J is usually linked with other risk assessts - so equities. With all indices testing lows now where is the source of this divergence coming from ???
I just wander
Thank you for all your effort.
Regards

[rrram2]

Hope the attachments are fixed

[rrram2]

We could dip lower but this is a good place to get some more long I think.

[rrram2]

its a wonder whats holding GJ up you wonder? I was wondering what was holding AUD/jpy so far above NZD/JPY. I think looking at some overlays may help. But I dont really consider GJ to really follow anything. People used to say it followed the dow, and it may to some extant but if you can predict the dow good luck with that. I know that as I focus on one thing GJ and her history and watch the way she moves on the charts and watch her during the news and watch her when this or that market opens, like frankfurt or londonespecially, and watch her move most within 144 minutes or so of that market open, especially during those market overlapping periods.
I dont expect GB to change their interest rate so that should continue to hold up GBP depsite the obvious negatives in their economy.
They are more resilliant that us I think.

Originally Posted by pakiestra

Hi
I've read almost all post with a great interest. Seems you know your stuff rrram (hope I don't sound like a toady) and I buy the idea which stands behind it. There is always a "but"
G/J is usually linked with other risk assessts - so equities. With all indices testing lows now where is the source of this divergence coming from ???
I just wander
Thank you for all your effort.
Regards

[rrram2]

"I am great believer in luck and I find that the harder I work the more I have of it."


Thomas Jefferson

He was a funny guy I don't think he was really talking about luck
luck is that which happens by chance. Of course nothing happens by chance!
And if hard work produces something I dont think it is luck.

Meanwhile GJ has turned back up and broke above trend line support at 211.40 she is looking pretty green ATM.

[rrram2]

"The distance between insanity and genius is measured only by success."

Bruce Feirstein


"Everyone thinks of changing the world, but no one thinks of changing himself."

Leo Tolstoy

Now I have 3 things loading at the bottom with the link back up to the thread listing.