GBP/JPY Equity Building Profitable trading strategies

[Andrewunknown]

Originally Posted by mytwopips

Sorry Andrew,
I just gave everybody some love again and it told me I needed to spread around before giving to you. So I did just that and told me I couldn't give anymore rep for 24hrs.

Well, I appreciate the kind thoughts, nonetheless. I've just been rambling tonight about movies and Alpaca, anyway. But don't worry: the deadly serious talk comes later.

[Andrewunknown]

And where is ole' Elijah, anyway? Still on that staycation in VA? Hey Elijah: have you ever sheared cashmere from a goat in the pale moonlight? I thought he said trading Guppy was his idea of vacation? I guess you have no choice if you've "become G/J". Alright: scavenger hunt! First to find the post in this thread where Elijah said "I've become G/J" wins. Don't ask what.

[mytwopips]

Originally Posted by Andrewunknown

And where is ole' Elijah, anyway? Still on that staycation in VA? Hey Elijah: have you ever sheared cashmere from a goat in the pale moonlight? I thought he said trading Guppy was his idea of vacation? I guess you have no choice if you've "become G/J". Alright: scavenger hunt! First to find the post in this thread where Elijah said "I've become G/J" wins. Don't ask what.

Ha... I've read it before. Now will I be the pawn of a wild goose chase to go and find it?

Because the prize is named: PrizeUnknown

[pipsquito]

Originally Posted by mytwopips

Todd,
Did you get your daily statement or swap payments today? I didn't. I chatted with them and they told me to hold my horses that they were having issues.

EDIT: From IBFX, you use them too right.

Haven't noticed. Yes, I am with IBFX, but haven't really been paying attention to my daily $60.

[pipsquito]

Hey...thanks for the lovin'

Been sitting here wondering if this thing IS going to break support to the downside below 204.40. I loaded up on shorts at support and got whipped. Stupid me.

But I can hold on until she resumes...now I'm hoping she goes down. Any other thoughts out there?

Time to go to 7-11 for whatever...dogs need food.

[Cdawg]

Quiet day for the guppy, I scalped couple of shorts but today could be interesting. I could have done more but i didnt have enough free time to do so today but positive pips is just that.

BOJ what are they going to do? The Yen has been under valued for years, and i believe that the BOJ is trying to eliminate that slowly. I thinking we are still going down.

Its broken to the downside of the rising wedge on the 4 hr and daily chart so I'm expecting a down swing. That said im looking to get in 205.50 area but i may have missed that for the time being. Orders are set anyway.

I'll be watching and waiting

[mytwopips]

Originally Posted by Cdawg

Quiet day for the guppy, I scalped couple of shorts but today could be interesting. I could have done more but i didnt have enough free time to do so today but positive pips is just that.

BOJ what are they going to do? The Yen has been under valued for years, and i believe that the BOJ is trying to eliminate that slowly. I thinking we are still going down.

Its broken to the downside of the rising wedge on the 4 hr and daily chart so I'm expecting a down swing. That said im looking to get in 205.50 area but i may have missed that for the time being. Orders are set anyway.

I'll be watching and waiting

I think everybody puts too much emphasis on the BOJ. First, they never have a set time for when their announcments are. They just do it when the emperor gets up from his nap.

Second half a percent is high for them. Their economy works different than ours. It will be unchanged or will go down. Unchanged for now most likely. If it does go down, that's good for any yen bears, I think.

Third, Japan wants to keep the yen at a set rate. They don't want it high or low compared to the usd. The reason is exports. They get paid in usd and other currencies for their exports. Then they have to convert their usd or whatever back to yen. So a strong yen is bad for them and a weak yen is bad for them.

If I am full of $hi, I am sure Andrew or Elijah will be quick to point it out.

[pipsquito]

Originally Posted by mytwopips

I think everybody puts too much emphasis on the BOJ. First, they never have a set time for when their announcments are. They just do it when the emperor gets up from his nap.

Second half a percent is high for them. Their economy works different than ours. It will be unchanged or will go down. Unchanged for now most likely. If it does go down, that's good for any yen bears, I think.

Third, Japan wants to keep the yen at a set rate. They don't want it high or low compared to the usd. The reason is exports. They get paid in usd and other currencies for their exports. Then they have to convert their usd or whatever back to yen. So a strong yen is bad for them and a weak yen is bad for them.

If I am full of $hi, I am sure Andrew or Elijah will be quick to point it out.

Makes sense to me. Anyway...Elijah is no where to be seen, and the mice will play. When he comes down from the mountain he will have to break up the 10 Guppy Commandment Tablets and start all over again. We have all been bad...

[mytwopips]

Originally Posted by pipsquito

Makes sense to me. Anyway...Elijah is no where to be seen, and the mice will play. When he comes down from the mountain he will have to break up the 10 Commandment Guppy Tablets and start all over again. We have all been bad...

YES, I HAVE SHORTED AND FELT THE PLEASURE OF HER DROP. I HAVE MADE A GOLDEN BEAR IN HER HONOR. I HAVE PRAYED TO THE BEAR AND WORSHIPED IT.

oh $hi, there's Elija and he looks pissed! I have to go.

[Cdawg]

Makes sense to me. Anyway...Elijah is no where to be seen, and the mice will play. When he comes down from the mountain he will have to break up the 10 Guppy Commandment Tablets and start all over again. We have all been bad...

I agree, i think since my arrival (perhaps) seems we've gone away from the purpose of this thread, So my apologies.

Still just do to my account funding, i'm not going to employ this strat till we get close to 200 or below.