GBP/JPY Equity Building Profitable trading strategies

[mytwopips]

I just closed all my longs and very happy with the guppy girl.

Now I will wait for her to get cheap again.

Anyone see the weekly M2P chart? That's ugly.

[rrram2]

She only got to 214.40 on the bid whichis 214.49 on the ASK so that be all for her for now. I expect a run down until NY comes in then she should be off to the races again.

She will be like a pinball today, expect wide wild swings, very bad for people who use stop loss orders. So the mission for today is too goble up as many stop loss orders as you can. Another persons Stop loss order is your profits.
The key is buying down into the dips and it IS that simple, as long as you stay straight in your own mind.

Originally Posted by grader

Looks like she has fueled the bus up and looking for passengers heading north. Hope everyone loaded up and are bagging the pips !!!

[mytwopips]

On the weekly M2P charts the 50 is going to cross down the 200 ema. We are also at a neckline test from a nasty drop from a beautiful head and shoulders. The 200 happens to be the neckline too.

[rrram2]

Expect her to come down now as much as 100 pips.
But looking at the GJ weekly, yes she looks heavy.
But I am certain she has more upward dunamis.

Sorry for the greek, sometimes I think in greek, I am trying to think in hebrew at this point in my life.

So for those who dont understand greek here is wiki entry for dunamis:

1. strength power, ability
2. inherent power, power residing in a thing by virtue of its nature, or which a person or thing exerts and puts forth
3. power for performing miracles
4. moral power and excellence of soul
5. the power and influence which belong to riches and wealth
6. power and resources arising from numbers
7. power consisting in or resting upon armies, forces, hosts

Originally Posted by mytwopips

I just closed all my longs and very happy with the guppy girl.

Now I will wait for her to get cheap again.

Anyone see the weekly M2P chart? That's ugly.

[mytwopips]

Originally Posted by rrram2

Expect her to come down now as much as 100 pips.
But looking at the GJ weekly, yes she looks heavy.
But I am certain she has more upward dunamis.

Sorry for the greek, sometimes I think in greek, I am trying to think in hebrew at this point in my life.

So for those who dont understand greek here is wiki entry for dunamis:

1. strength power, ability
2. inherent power, power residing in a thing by virtue of its nature, or which a person or thing exerts and puts forth
3. power for performing miracles
4. moral power and excellence of soul
5. the power and influence which belong to riches and wealth
6. power and resources arising from numbers
7. power consisting in or resting upon armies, forces, hosts

It's all greek to me.

Put some windex on it.

[rrram2]

study the charts and know GJ

[rrram2]

We may spike down there if things turn south today. In any event be careful not too massively load up if she runs down back into 212.42 or 211.57,
as she may slide down to the 50% @ 210.88

[mytwopips]

Originally Posted by rrram2

We may spike down there if things turn south today. In any event be careful not too massively load up if she runs down back into 212.42 or 211.57,
as she may slide down to the 50% @ 210.88

Very good analysis Elijah. Being Friday, today's pa could be noise or a nice slide back to discounts. I think the DOW will decide today. Noise will keep me flat. A nice drop will get me in before the close of the week.

[HAUGHT007]

Originally Posted by mytwopips

It's all greek to me.

Put some windex on it.

HAHAHAHAHA Because everybody knows that Windex cures EVERYTHING!!

[mytwopips]

The daily M2P chart shows we could go all the way to 225 in the next few months.