GBP/JPY Equity Building Profitable trading strategies

i am worried he is escaping from his tikkune

I did. I think she is going to reatchet back up quite a few hundred pips from here. MY useable margin is so small, I cannopt get more than another one here.

There is no escaping from tikkune, this is in no way possible, it is a fact of life
no matter what you do or where you go or how many times you try to excape from tikkune, it will follow you everywhere and will always jump out in front of you when you least expect it.

The trouble with this hedgeing is that she keeps running down, There seems to be no way to get out of this runnaway guppy train, No matter how many orders I close for big pips, somehow she keeps sticking me back to the balanced position. So assuradly maybe this does not work! this hedgeing crap. The proble,m remains the exit startegy, and this broker selling you out isnt a good exit, I was thinking a better exit would be getting rid of all the shorts at the bottom and riding her back up but no such luck.

i was sold out on friday with the hedging…lost my weeks pips…friday morning…thursday evening your time…it was actually when i got rid of my shorts for a short time…in attempt to increase equity (i think that is more critical than balance (balance just looks good …not unrealized or realized until your flat) about half an hour later she continued down and i was burnt by the time i got back to the computer…
This week i just be going short on the retrace…no need for stoploss and cashing the pips when they come…and there are always plenty
for now the best is to player with a bias to sell …maybe place the sell entry limits as we did with the buy entries limit when she was trending up…problem now is we are getting close…to a bottom…but noone really can call a bottom (as andrew has written about)…all can just guess…also remember the buy entry limit works well when she is ranging…
and by now elijiah…your good enough to play her both ways…i heard she likes it like that

i’m thinking [B]178[/B] by mid october

As I learn to more easily disassociate with form, I really am not offended
by our delusional government and I will still be in Washington DC next week for the march on the white house and the fast. I think I really only have one scar. WHen I was five I was in a field of grass and ran over to pick a dandelion for a little girl and kneeled down to pick it for her and I knelled in a borken glass bottle in foot tall grass, tore my leg all up. It is truly a ignorant human who inflicts another with physical violence. I dont have any theological arguments. I am merely passing through this world, it is not my home. I am nothing more than a witness of what IS. SInce mans vision is now limited and he can no longer see from one end of the earth to the other,
it is hard for him to change the way he looks at the world, because when you look at the world in your mind, that is not the pyhsical world.
it is no conspiracy :). Are you also one of those guys who doesn’t realize that the majority of people die in hospitals? And that the government has literaqlly robbed us, as in the early sixties when that commie LBJ merged the general fund and the social secuirty fund. the social secuirty fund was the working mans money, it was paid by his employer on the behalf of the employyee ( THE WORKER WORKED FOR IT AND EARNED IT and it is theirs), the lame gov held it because you, (we), whoever, are too stupid to provide for our own retirement as a result of the RAW (AKA NEW) DEAL, So when all the soical security money was moved to the general fund the gov started to spend OUR money, nice of them to keep track of how much they borrowed from us without our consent, and there is obviously a huge defeceit today as they have been spending our SS money on whatever they want. Why do you think SS is in trouble?

When the governemnt becomes your protector and effectively you rely on it,
and disregard the creator and what he has formed made and created, you are serious risk, Sadly you are motivated by fear, I am not.

Fear is nothing more than false evidence appearing real to me. I like you and really do appreciate that after all this time with us in this thread that you are going to start sharing with us. ROCK ON!

Maybe I should start a new thread called “since last wipeout” :slight_smile:
She seems to be holding the bottom line for now, I think it is too late for her to run down too much further that 186.50.

And I am again going to change my trading style as I cannot tolerate the madness of the hedging thing, and I am in fact spinning my wheels apparantly, so you are right on that, unless I can figure out some sort of exit strategy for that crazy hedging thing.

But you understand, I have to try things.

the[B] MPC Treasury Committee Hearings[/B], whatever the fish that is, at 18.45gmt, seems to have the bears stocking up there guts for the hibernation…it is fall they dont have long before it all goes frozen and bulls will be primed…
there was hardly going be any good coming from whatever the thank the MPC Treasury Committee Hearings is about.

They got me for about $2000 net loss, amount of my money was around 500 again, so there went my 15000+ pips but it was some funny business from my broker because I was hedged perfectly and was no where near out of margin, they somehow ireegularly fill orders and selling someone out in between orders they placed to get long and short at the same price, less the spread is wrong, but I am over it.
I am going to go back to trading my MB account I guess.
But alreasy I have pipped her for a few hundred pips since last wipe out yesterday on fxsol just by going long.

I know forexed will be happy to see that wipe out :slight_smile: but I knew it was coming anyways, as quadrouple interest was going to take half my margin as I had 29K long and 29K short. Oh well easy come easy go.

I got another surprise $1700 USd this morning :slight_smile: so I gave away 500 of it this morning to others less fortunate than me. well 7am time to move on with the days plans. I am leaning all the way to the long this morning as she struggles around 186.50. I have 3 longs now and no shorts. I think we are going to get back up into 190 before the next run down.

The software is almost complete. When it is done I will revert to trading every pair I think, as my true nature causes me to be a scalper. So scalping 15 pips in 3 minutes is all me. ANd if I can scalp all pairs all day automatically
that will work for me. I just cannot get into this buy and hold. LAtely I have been taking 50 pips+ and using trailing stops of 15 pips. But I get up on my order, then add the trailing stop and set thew stop so that the least profit I can get is 35, sometimes I only get 15 but no matter.

Did I mention I was a coder? I had developed the energymech for years, now I just own and maintain energymech.com Al and I parted ways and he maintains energymech.net now and puts all his effort into that. I have eggs in all sorts of baskets and numerous income streams. I would not sell energymech.com to them. Al (proton) and I developed that code for years,
Al is a master C coder, my greatest skill lies in debugging and spoting errors in the code.

So when my forex robot is complete, it will bring 99% profit. We have identified all of the critical data to determine where to enter and exit on the scalps and grabbing 15 pips all day every 3 minutes should yield huge profits,
but will maybe be boring as just having a robot making pips all day on it own wont be much fun.

CAreful today I think she is going to run up, so I dont recommend getting short here, she is struggling at current levels but I think she is going to break north here before NY opens.

And got another long @ 186.49, I will be back later :slight_smile:

with fxsol hedges you haveto close the opposite trade,

Most people fail at trading because they fail to learn from the market and insist on imposing their beliefs, which prove time and time again to be inaccurate and unprofitable.

Congratulations on being part of the majority, at least it isn’t lonely

All my longs hit their Tps :slight_smile:
Now it is the time to sell. I am selling as we look like we might be coming down NOW. Peaked at 190.60’s on the bid I am short now and with a break below 190 I will get shorter and I am even going to using some SL’s on the high side in case she loses her mind because I am short again.

Hope you got some of those long pips, but now its going to be all shorties for me. I am going to just play her both ways. Long when she goes up and short when she goes down. That hedeging is insane like I originally thought
back when Todd was doing it, I guess it is fine if you are getting ready to get sold out and trying to save your self.

Well here I go again guppy iomposing my beliefs and will upon you, I know you are coming down I feel it in my bones, and actually I am going to knock you down here. As to weather or not I believe I CAN knock her down doesnt matter. MY money is 100% short now. And SLW (since last wipeout)
should coined that from that forexxed. She could trick me here but even that 60 min chart makes me think she is heavier than I first imagined.

Go short I recommend with SL’s @ no more than 191.00 or 190.80

I get short and short again on the slight break below 190
and of course she reverses like I am going to bite her in the arse.
Oh well lookslike if my SL’s hit I will lose a few pips one is set with a SL of 70 pips the other with 100 pips.

If she gets down below 190 I will change my orders to trAILING stops.
But I am not fooled by this bull trap she is forming. She is getting me excited though about this short business. There just is no way she is sailing past 191 now :slight_smile:

with Sls on the top no more than 191.00. I am still not using SLs on the longs, ONLY on the shorts as she realy cannot run down that much further.
WHen I say that much further with guppy it means as much as 700 pips.
MY Sl on the one short is 80 pips the other SL is 100 pips.
Get shorter @ 190.50 I say. The 4H looks like momentum has maybe not broke south yet, but I try to get her where she turns, and she tricked me here as it didnt look like she wanted to run back to the .50 mark before falling like a hot rock in cold water.

Anyways I am back to strict money management on the longs and Sl’s on the shorts of no more than 100 pips. If you think a 100 pip Sl on the guppy is more than you can afford maybe try some pair a bit more tame and boring where perhaps 30 pip sl is more to your liking.

But always know guppy will make you rich and poor based on your conciousness.

and as for this snide remark
"Most people fail at trading because they fail to learn from the market and insist on imposing their beliefs, which prove time and time again to be inaccurate and unprofitable"

this is not true at all. not even if you believe it is! no one unless they are retarded FAILS TO learn from the market. And it is impossible to trade without imposing your beliefs (D)H) because in order to make a trade you have to believe she is going one way or the other otherwise why would you be so ignorant to go long if you believe she is going south? Also If you believe she is going north and you always do the opposite like going long when you believe she is going short and relying on being wrong, so in essence ending up right, (AS IF)

It is good to have some newer people as, as some of the old ones have petered out :).

I am going to try to post more charts around here when I get some time, SO I hope that is working good.

Well what do you mean you have to close the opposite trade?
So If I sell my short for a profit I have to close the long for a loss?
The trouble with the hedge is that you have to get her in a range
and be imbalanced towrds the side she is moving (up <TOL> or down <TOK>).
I see no future in the hedging for lt profit. I was making a crapload of pips but was not gaining much equity.

Here she comes on her way to Chile.

from the looks of my charts I think she may make a new loan sub186
but dont know if she can get there today, but she sure appears to be heading south for several hundred pips.

nothing fancy here just some basic chart w indicators

GBPJPY120MIN.zip (69.8 KB)

Trainling stops set on the shorts, with SL set to about 20 pips of profit if she runs back up, otherwise the short will ratchet down the trailing stop I used 25 this time. last time 15 and 20 for the TS (trailing stop) proved too tight and I missed some pips. Ok I am gone for now good trading on those shorts. She is going to fall hard today, Maybe even into 186.XX

And is teasing me with the up thought. But clearly everything looks to be southbound, bu tthis too could be a bear trap.

I am apprenhensive now to get short. So I am flat waiting ATM>

On the 12 she looks to be reverseing, even though SM is still going down hard, as is macd and rsi falling hard, I should have set those trailing stops wider! BAH!