GBP/JPY Equity Building Profitable trading strategies

[rrram2]

But I think the following is accurate:
"Many receive advice, only the wise profit from it."
Publilius Syrus

You know I often wonder why everyone following this thread could possibly NOT know where guppy is going next.

It is often VERY easy! IF I say she is going up she goes down! If I say she is going down she goes up! So if you go opposite of me lately you should be making all sorts of pips!

The trick I think is really to only go long. And space them down enough and wide enough and be patient enough.

The demo account is about 47K USD in the profit now but drawndown is huge at this point 170K. Lucky I have 1million to start off with.

I do think I am going to get a live account at fxpro and I hope to never have to use the like of the fxsol's ever again. I am almost tickled the way they
have manipulated their code and how they step on the data pipe at critical times. It should have been expected. They are all about taking your money and have proved over and over that piss poor service will rein if you have an account there. This is just my experience. They could treat you better.
But it is like a con, build up your trust then pull the rug out.

No more live trading until I pick up the 4X4.

For today I haVe to say and think guppy is going to rebound up nicely.
But since I am biased to the long today you can bet your britches that guppy will crash! Even though I have no real money in it ATM guppy should still dis me this week, so secretly I am looking for 174, but in the demo account I am still buying in the dips getting killed ATM, the key is patience though and proper money management and order entry to include Tp tARGETS, so when guppy hits your price she sells.

Of course there is the LT idea of a bullish breakout back towards 197, but that just doesnt look to promising ATM, those IF IF THENS I guess didnt pan out for our critics.

Originally Posted by BrianDuffer

I not familiar with Triple R but I do know that trading ONE currency pair gives all the opportunities one needs to make money.

[rrram2]

"Doing the best at this moment puts you in the best place for the next moment."

Oprah Winfrey

[rrram2]

now what?!? Well I dont think she can run down much more below this as seen by the bottoming out there then the surge back up. I am still buying in the dips and am burried alive in drawdown in my 1mil demo acct.

[Al Zheimer]

This is a post I wanted to do yesterday, but the @#$%^& on my trade platform pssst me off that I was unable to do it.

Still waiting for my freebie chart platform to download, but the ones I trade with show:

Monthly:$ < low BB. MacD going down (< signal/H20). STO 8/40 going down (O/S) possible retrace-I don't think too much on monthly

Weekly: $< low BB. 60 sma @200 going down.STO 8/40 both down and not extreme O/S. MacD going down( less than signal/H2O) again, possible retrace due to BB. but not much)

Daily:$ < low BB. MacD < signal/H20 going down. *STO going UP* retrace?

4H: MacD down ( < signal/ H2O) STO 8/40 curling up.

Trend is down (long term) I need some retracement for my longs.

TRIPLE R, I'm gonna take your advice on a previous post that G/Y does opposite to you. I be selling the rallies in a downtrend.

173 to 170 is possible.
I wish that I had an inspiring quote to give you guys. All I got is: " I lost my virginity but I kept the box it came in.":

[Al Zheimer]

I THOUGHT IT WAS PRETTY SCARY THAT THERE WERE NOT TOO MANY POSTS TODAY IN THE"ANALYSTS ARENA" PART OF THE BABYPIPS FORUM.

[pakiestra]

Originally Posted by Al Zheimer

I THOUGHT IT WAS PRETTY SCARY THAT THERE WERE NOT TOO MANY POSTS TODAY IN THE"ANALYSTS ARENA" PART OF THE BABYPIPS FORUM.

The situation in the markets is getting more jittery than thought and authorities are scarred to admit what is truly going on.
Shall we see a black Wendesday, Friday ?? People panicking and attacking the bank's gates ??

[pakiestra]

Coordinated rate cut - looks like these dudes are in a despair. I don't know maybe I should go and check if the there a que winding outside the bank's gate.

[pakiestra]

There is complete stanstill in the credit markets, everybody is sitting on the hands.
Shall we stay and watch a death spiral ?
This maybe a final market spasm and then year, two, three of stagflation. Maybe is close to the bottom ?

[Al Zheimer]

Originally Posted by pakiestra

There is complete stanstill in the credit markets, everybody is sitting on the hands.
Shall we stay and watch a death spiral ?
This maybe a final market spasm and then year, two, three of stagflation. Maybe is close to the bottom ?

Good question,my friend.

I'm targeting 169.70 .On the weekly,the 89 ema is < 144 and 89 is @ the 200 ( heading down). STO and MacD are down.
On the D, MacD is < H20 and signal lines- going down. But $ is < low BB ( (slight retrace?) On the D, the 5ema has been strong resistance since Sept. 30.
On the 4H, MacD is < signal/H20 lines. The 10 ema is possible resistance @174.70 or a down TL @175.40.

On the 15m,previous support @ 174.34 is a possible resistance.

I don't think that I'll buy up to these areas ( wait and see if $ breaks them real good to get me to buy).
A S.E.L around 175 appeals to me.

[Al Zheimer]

Originally Posted by pakiestra

Coordinated rate cut - looks like these dudes are in a despair. I don't know maybe I should go and check if the there a que winding outside the bank's gate.

These guys have a check on the pulse of what is happening globally!

Look at all the experts at the banks -look at the shape that they are in.

Trust yourself and the things that you feel are right- and you should be alright. Besides, if you do this- you know who to blame if things don't work out, the first time. So, you try again with a different tactic.

This too shall pass. It is a cycle- when the bottom is reached,and G/Y goes up- Triple R will be hailed as a genius.