GBP/JPY Equity Building Profitable trading strategies

What a crazy start to the week! The gap punched out a two of my SLs(100pip ea), but i got short again near the top 194.50 and now +468 pips so net of 268… not too shabby.

I still think we are going lower, I wouldnt be buying unless your just trying to scalp the retrace for 30-70-500 lol pips, seems when i try to do that i get burned so I’ve stopped trying.

While not 7000 pips last week, i netted 1592:) and i’m very pleased about that

well what wild girl she been…made back those pips she ripped from last week…now she just seems to be chillin…thinking…i see a descending triangle forming…waiting for a break here…she not sure now if she wants to create further lows…but she not too keen on heading back up the road just yet either…
one thing…whatever she decides…it will be she who decides…i never met girl like her

It’s an ugly triangle and it’s valid I guess. It doesn’t matter how well formed it is on the charts, as long as it represents trader sentiment at the moment.

I will be watching for a completion and a break for a new short entry. I am trying to keep shorts to the minimum right now, but patterns like this are too nice to pass up.

She sure does make a lot of descending triangles down but not too many ascending triangles up. Wonder why?

and ill be back, had to work today :slight_smile:

Ola

This the triangle you watching m2p?

If you see a different one lets here it!


I’m up to 55 1K lots, this thing is out of control.
Forget counting my pips or even estimating them, no one really understands the significance of them.

And I will judge my performance based on my account balance :slight_smile:
In which case I am doing pretty good as I started with $50 and added several hundred over several days (one week since last tuesday)
My balance is over $2100 I may have seven hundred in it and the rest is theirs, which is over 15,000 pips in a week. YEs I have drawdown but who cares? :slight_smile: I am no more worried about unmanfiested or undefferentiated things than I am worried about unrealized losses. YES I only have 283.53 in equity so I am down unrealized several hundred dollars of my money, But if you could see what is going on here you would understand that this too doesn’t matter. I am mad clicking banking pips and my account balance and equity is slowly increases.

I long for Andrews Analysis. I know it is coming and actually welcome any counterclaims that this does not work. Because you know in the end the proof is in the pudding. And natrually if I say something IS. It IS.
especially related to my LIVE account. I am NOT new to forex.
And of course if need be I will post my accounting records from FXSOL,
with full details to include everything, order numbers and all.
who has been failing miserbaly lately with piss poor service, and technical difficulties. But that won’t thwart me forex.com charts are just as good.
When I am finally up quite a bit more then I will publish some of the new secrets I discovered. back to pipping!

Bring on the nay sayers, I am not kidding about 15,000+ pips since last wipeout!

Yes, that’s the one Trav and I are talking about.

U/J seems to like mytwopips, while the guppy just seems to be a flirt.

Last 3 words says it all :wink:

And still the observer and the observed cannot be separated.
The observed changes based on HOW the observer is looking at it.

Everyone would have to agree…it is ALL (without excpetion)
in HOW you look at it.

I am NOW long at 188.45 and short at 188.34.
One of those trades IS a winning trade unless she stays between those two numbers forever, which we all know it not possible.

I have a winning trade recommendation. I recommend you either get long NOW or Short. You take you pick. One of them HAS to win. The way she has been acting is insane.

And what of this LOndon market meltdown on Monday? Some sort of technical difficulties that microsfot is going to come in and synch their stuff or something.

I spent the day rebuilding and reinstalling power supplies, I had a great day.
Until I got home and had seas of green orders, which then demands an immediate response and evaluation quickly to determine what she is doing and where she is heading. She is like a yo-yo especially lately.

But I hate to share the bad news that I think she is going to run down a few more times and test 186 and 185. I also am fairly certain she is going to make a new low. It is at this point where the bottom will be at which time I will maybe try to get out of all my shorts and ride her for a while.
A few times I have bailed on almost all of my shorts, giving up more drawdown on the longs for a chance at ridding back up with her with no shorts, but for now she isn’t done on the down, but at some point she will make a new low and stop and turn around then it will be a very long time before she ever gets back down there again. And I think we are still far from the bottom. Some of my TPs are set @ 180.00,me may not get there but it is likely we will especially considering the developing troubles in GB. Japan is in some trouble too but not to the extant that GB is.

I am NOW long at 188.45 and short at 188.34.
One of those trades IS a winning trade unless she stays between those two numbers forever, which we all know it not possible.

I would venture that they both will be winning trades, cause shes going to go up a bit and down a bit.

I agree with your prognosis of going lower for sure, 180 is definately in the ball park.

This the triangle you watching m2p?

I’m looking at the same one too, so if she plays by the rules, there should be a strong break out lower pretty soon

This place is really starting to suck. MOre poor service. I cannot even use the chartiong still. I guess forex.com got tried of me using their charts and not trading there. FXSOL is turning out to be one of the worst places I have EVER traded forex.

Yesterday they acted like they were going to help me fix their crappy charting and transferred me to a number where someone was going to really help me and the phone rang over 100 times during midmorning and this is pathetic poor service especailly after keeping me on hold for a long time after I spoke with one reg who couldnt help me.

Time to look for a new broker anyone have any good ones they used a while?

All trades are well so far. Yawn

IBFX…

No fifo
MT4
Great service

I have been with them a while and am very happy.

EDIT: Variable lot sizes too.

So it will cost me today about $40 in interest for what I have now if I carry it past 5PM today, Wednesday.

Don’t know why it is a four day weekend.

Tomorrow is patriot day. I want to make something clear to the ignorant masses out there that think that the US government is ther friend.
Clue: you have been lied to all your lifen as you slowly suck down fluoride and chlorine dying a slow death getting fatter and fatter because your US GOV has become your enemy they seek to go along with the new world order and decrease the population.

A patriot is NOT one who does what the current government says!! DOH
If you studied American history you will find the TRUE patriots were the ones WHO were the CAUSE of the overthrowing of the then current government.

hate to be the bearer of bad news but there is a revolution coming in this country, as we still do have some true patriots left who unlike the masses actually have a spine that is not made out of a wet spagetti noodle.

As for Guppy, it was a rough uneventful night I was up at around 3am EDT for the EU news which didnt seem to have much effect. I had to get some more shut eye, I made less than 200 pips overnight. And I am still trying to figure out how I will terminate this current account, as FXSOL is now suxking so bad as I am killing them in pips, the service gets crappier, they swear there is no consriracy, but their trading client is limping along barely able to complete trades, it has become unstable, the charting software breaks down every 2 minutes literally. The trading software is limping so bad I can barely make trades. They seem to have no concern at all about me and my problems. No problem though, those that sin against me wrong their own soul and those that hate me love death.

And one thing I want to assure everyone of is that, while there may not be justice here on Malchut now, BUT there is always justice in the end.

We have an awesome God, And justice is MINE says the Lord and I shalt surely repay. Of course everyone knows or should know God keeps a book
a file if you will, on every human that every lived, he records your good deeds and bad deeds and obviously good deeds earn rewards and bad deeds earn punishment. So those who sit here today and read this and think they are getting over on someone, do you really think it is possible to get away with anything?!? Anyways coffee time.

Thats EUR/USD was going to 139? And no one even bothered to comment or disagree. So I hope everyone got some short EU for some short pips.

And when we opened gap up on GUppy on Sunday night, I hope everyone GOT some shorts as I then said it makes up the gap 98% of the time or something.

Anyways pips are easy to make, gtg

That sounds like a conspiracy theory to me!

So, the rest of America is spineless except you? Nice, congratulations on your genuine spine.

Sounds like another conspiracy theory to me!

Did you know that people who base their life away on conspiracy theories become gulp delusional? It’s a road I urge you to turn from

Anyways, hope trading GBPJPY is going good for you.

Somehow wiped me out, I am sure they cheated me, When you have hedged orders you should stay pretty much the same.

So for the record everything I said about FXSOL that was good in the beggining seemed to be accurate but now after all this time after they have continued to provide poor service and continue to foil me with their crappy software.

So I NO longer recommend them for any reason at any time, Use them and you will lose because they will cheat you same as they cheated me, It was only $700 of my money and almost another 2000 of someone elses who I pipped all week.

In fact their customer service ranks amoung the WORST I have ever experienced, out of 6-10 brokers I have used over the years.

When you have a broker that SHOULD fill your long order and short order at the same price when entered correctly with the spread is nothing more than more advantage to the broker.

See FXSOL claims advantage trader, But their software is set up to provide the advantage to the broker. Every way that they could possibly cheat me so far they have.

If you think I am sore about losing my $700 and $2000 profits, yes I am but I take it like a grain of bad salt. I worked monday and tuesday and made way more than $700. ANd to top it off I recieved $9500.00 USD unexpectedly :slight_smile:
So despite FXSOL continual cheating me at forex, I seem to be rolling in USD now, lets hope they hold their value and my new found 9500.00 USD doesnt go down in value too much before I am able to spend it!

FXSOL is a lot like forex.com, on the surface they look really good but underneath they have all sorts of ways to put you at a disadvantage that you cannot see initially until they take your money.

But the way to learn how dishonest someones trading platform is setup should not cost you money but it does.

I am sure fifo is NOT best and that is what made me think they were good, as fifo is disadvantage trader.

So if anyone is using fxsol as aresult of my recommendation, I now recommend you get flat and bail on FXSOL BEFORE they cheat you.
I can tell you they cheated me several times now

I didnt say the rest of america is spineless reread it!.

The majority of americans clearly ARE spineless or they would not tolerate the losers who are running the government, who rob the people,
poison the people, take away thier God given rights, enslave them by deceiving them into believeing they owe the government and they are in fact slaves of the government the governments property. A tax on your labor is slavery! Is it not?

And BTW my physical spine in defective congentially, so the only thing it is, is CONGENTIALLY GENUINELY DEFECTIVE.

Are you one of those guys who is for one world government?,
Who believes that the united states should give up its sovrenty to the UN?
If this is what you believe I can understand your feelings here.
Thanks for sharing I aqppreciate your contribution here.

I have re-read it… my apologies for not being clear. When I said ‘you’, I meant the ‘spine’ possessing section of America.

What’s interesting here is that most Americans, I believe, when approached and called a ‘spineless’ person… immediately take offence and commence to inflict bodily harm upon one. Why is that? If, as you say, they are aware of their defect in their body… why be so offended by it???

I’ll bet you have a lot of scars on yourself… since, reading from your theological arguments, you would not hold back from telling the truth to the face of ‘majority of Americans’.

There is one country where there isn’t any taxes… Somalia!!! No government either! But I hear there are travel warnings there due to some civil disorder, go figure…

Short answer, no :smiley:

Btw, sorry to hear of your troubles with your broker…

she look like she is ranging down the road for now
somewhere between 189.8 and 187.8…somehwere…she is somehwere…
[B]looks like elijiah forgot to…again[/B]
fill in the blanks
blankety blanks:rolleyes: