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. 
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:D
Haven’t noticed. Yes, I am with IBFX, but haven’t really been paying attention to my daily $60.
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.
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.
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…
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.
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.
thanks Andrew for setting me straight and getting me back on the guppy highway…just need to get back into some TA to work out which side of the road to stand…
Need a strategy… need a analysis…need money…
Forex be my guiding shining light.
What has happened to the spiritual one…does he not know that noone has ever escaped from their own [B]tikkune [/B]
hope the alpacas have not turned on him
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.
I’ll say thier economy is different, I lived there for a couple of years and was blown away by thier income tax 10% flat rate. Big diff from Canada, lol where im looking at 48% or something close to that.
Well I’m a yen bear at the moment so I’m watching her drop. In at 204.61, TP set for 203.00
I wish she’d just make up her mind bouncing from 204 to 204.3x and around…
cheers
6 am and back at work! Here’s that spreadsheet for the ride down with TMTH!!! Just fill in the yellow.
You know, I’m beginning to really wonder about this. It seems that EVERYONE is talking about this thing going down down down…to 200, 202, even 192. But she just doesn’t go down…and in fact, right now, she is moving up VERY fast. I am in short pretty heavily and all I’ve done is lose on stops.
I’m beginning to really wonder if all this talk of going down is just making her go up in spite. It’s killing me actually…figures…thought I had a handle on this but I’m going to get killed with the shorts.
I have been very patiently waiting for her to break 204.20 and she has meandered around 204.30 to 204.40 all night. Now she shot up to 204.65. Jeesh. I should have known that she would find a way to wipe me out no matter what she does!!
Well if it reaches 207 it might continue up, but until it reaches(which is unlikely for this week) my bias is SHORT.
Well…I wish Elijah would come back. He is the one that kept me on track. I am too new to Guppy watching to stay firm with a decision about her direction. I feel like I am bi-polar. Elijah always kept the faith and it made me feel confident to trust her. I am amazed at how all the technicals say she is going to go down but she is relentless in her seeming “desire” to move up.
Anyway. I know it isn’t Elijah’s job to pump me up, but it was fun playing this strategy when I knew at least one person was confident all the way. His absence makes me wonder if he too has lost faith in the guppy.
I am just whining. I need to go back to “regular” trading. I wasn’t schizoid doing that…
Yep, It’s better when Elija’s around. No one on earth can tell you what the guppy is going to do. Just having him around is nice.
I guess since the fall of the crosses he is busy chasing dead beat renters and doing more service calls.
I can see Elija being a nice guy and letting renters slide during hard times. But when times get hard for him, I guess he has no choice but to go beat on doors.
Dow is getting cheap again.
I’m moving this strat to u/j. Look at her on a weekly M2P. She is predictable to the history of our interest rates and a much safer play to g/j.
The carry is not that great right now but will get better in time as we raise our rates.
I already made a few pips yesterday and have more orders on now.
I’m locked with almost a 3/4 hedge on g/j. Because of the hedge I can’t scalp my bottoms off on the way up. I can cash out all if she moves about 700 pips up or buy more and cash out shorts if she moves 700 pips down. If she trades sideways, I have more +swap than -swap adding equity to my account. So basically, she is going to have to move 700 pips somewhere before I am active with her again.
Unless anybody objects, I would like to place my u/j posts on this thread. It’s the same method, just a different pair.
I won’t be trading “M2P Contra Swing” until the market goes back into consolidation mode. I don’t think it will do that until present prices and fundamentals find common ground. Looking at present pa, it shouldn’t take much longer.
Which is myself just poped in there. What can I say ?.. I’ve just blown my real account (if this can be any chicken soup for others) with Guppy “strategy” even buying every 50-100pips I’ve been knocked down when she went to Mexico. 
Can’t see this “strategy” working without taking into account long term trends and TA IF ONE DOESN’T HAVE extra money to pump into the account constantly - I may know better ways of making some profits.
There is no much “rrraming” out going on recently:D so every sign on the sun, moon and on this thread is telling me it’s wort carrying on with shorts 
(if I had been having any moeny left).
I hope my head won’t be smacked first with the Tablets 
Sorry to hear that man.
Not to many posts back I pointed out the major downfalls of this strat compared to the fact that this strategy will always win if done “right”. Yes, getting greedy even got me into some what of a pickle too. Which I have managed to work out now. Andrew has also done a fine job of picking off all the positives and negatives of this strat if you want more than just my post about it.
That being said, this strat is just another tool in the tool shed. If you are looking for more short term rewards, you may want to pick up another tool. This strat can give short term rewards but is only really “safely” workable on the long term.
This is a nice tool for long term plays. I still like it very much. The recent run has just reinforced to me, and others, how it should be really played.