GBP/JPY Equity Building Profitable trading strategies

[rrram2]

"You must pay the price if you wish to secure the blessings."

Andrew Jackson

[Andrewunknown]

Originally Posted by 4xStar

I am beginning to think plotting these fibs are like throwing darts, however I have noticed that along with candle formations, they are one of the few indicators she seems to pay any attention to at all.
Whatever helps...

Fibonacci, trendlines, candlesticks, pivots, IKH, S&R, etc. They're all simple treatments of price action that add up to much more than guesswork. Think of it like the game Clue: a clue is valuable by itself, but leaves a wide field of possibility open. Solve for variables, combine clues, identify fulcrum points, pull some of these things together and a cohesive technical picture emerges; then you've got a shot at guessing who did it, where, and with what with some level of reliability.

Predictive? Sometimes yes, but sometimes not. That's not possible consistently; but it's also not necessary.

What is important is to recognize what is happening as it is happening based off the picture you've already drawn. At that point wanting what the market wants is all that's necessary. I don't mean positive expectation: I mean analytical perspicacity (know your pair(s) and the chart(s)!), a good entry and good management all based off the what the market says. Drawing the picture and aligning with the market are the challenges.

[mytwopips]

Who will write the eulogy for our fallen lifeless guppy girl.

[mytwopips]

Because 95% of the human population is retarded.

I'm sorry for my rant. I know this is supposed to be a good karma touchy feely thread. But have you read half the stuff around here?

This post is not supposed to be mean, but a revelation of reality. Think about it before you throw some political correct counter back at me.

[rrram2]

GJ In the demo acct I am trading standard lots, banked $1000+ on 2 lots on that last run down and back up into 214.30ish.

I am getting a few more winks not much happening now. Well its jumpy price action, but no more real news coming out in the next few hours.

So I am going to get a few winks.

Maybe you can do emotional trading?> Do I emotioanlly trade GJ?
Seems like GJ is only thing I can make any mooney at any more as far as pairs.

I am still down on GU and NU, What is with the USD? Oil is sinking,
or WAS, looks like the EUro kicked some USD in the last few hours.

ANyways I am getting a few more winks, too early for coffee!

Originally Posted by mytwopips

Who will write the eulogy for our fallen lifeless guppy girl.

[rrram2]

"The secret to acheive true success is found in your daily routine."

Origin Unknown

Originally Posted by mytwopips

Because 95% of the human population is retarded.

I'm sorry for my rant. I know this is supposed to be a good karma touchy feely thread. But have you read half the stuff around here?

This post is not supposed to be mean, but a revelation of reality. Think about it before you throw some political correct counter back at me.

[rrram2]

GU flew up so I banked $1000+ on GU sold GJ for profits,
only holding NU in demo still down some pips.

REAL account NJ performing nicely doing it GJ style. I feel NJ is much safer and much more boring.

GJ rosked up and I banked mad pips on demo account.

Anyways I have 4 calls today so wont be around.

[mytwopips]

The girl has died.

Below is what my chart looks like.



______------_____-----_________-----_________

[pakiestra]

Is she having any legs left ? any drive ? Or is she getting ready for a wild ride again ? Or all junior trades are playing solitare on their comps and their bosses are getting drunk somwhere in Carribean.

[mytwopips]

Originally Posted by pakiestra

Is she having any legs left ? any drive ? Or is she getting ready for a wild ride again ? Or all junior trades are playing solitare on their comps and their bosses are getting drunk somwhere in Carribean.

The last one. Or they're in jail.