GBP/JPY Equity Building Profitable trading strategies

got stopped out on one short and got short again at 191.50

I think she is reversing back north to fill the gap despite the shady bankers deals on sunday night.

She tricked me heh
she is going back south! BAH!

She is not done yet Mate :smiley:
Looks like she want to close the gap. 190.00 should held for a while despite all messy bankers.
Retracement should be saved unless she runs down below 189.50 in a fury, nobody knows her mood now.

We should still be in a retracement mode, although gap is not closed yet she wants up, up. Cable will support her for a while but all this is a tricky game against the main trend.
Got few longs at 190.50 nad chased it for 80 pips each-not much but I’m grateful.:smiley:

I think I may be more cautious with my longs around 195.00 level.
Currently playing closing the gap which brings on a lot of fun and pips. :smiley:
Cable is still trying to perk up above 1.8000 level.
Messy bankers may sort out themselves after all.
Risky play with this gap - I may burn my fingers again:(
Is 197.50 -198.00 good enough for her or she will like to cross Rio Grande ?:smiley:



Hope some more skilled technicians will have more wise things to say.

FOR now I think she is going to retrace up. Yawn!

SHe is heading south again. I got her for a few ont eh run up to 189.50ish
but that didnt last I sold a long there and got another a little lower. But she is rebbeling and heading for the border.

I dont know what she expects to accomplish. She is going to have to find some sort of support at 188.00!!!

it appears she didnt like the dudes hanging out at 188…i think she left someone behind at 186…she is :eek:going back to get em…

She cannot live south of the border! She will never make there.

There is no way she is willing to give up the ;lap of luxury to which she has become accustomed. She has to grab some support any support at 188.00

I just dont have enough margin to get one at 187.65ish.

Back to work this week, to support guppy and some low life bankers who couldnt be honest and a crappy government that is always bailing out losers with our money and the sweat off our backs.

So who is going to bail me out when I need it? Guppy you gonna be there for me? smooches HAHAHA better get some coffee for her she is grumpy this morning or something! ANd everyone STAY AWAY from her corn flakes and orgnaic banana!

though just looking back now she seems to be in some deep conversation with someone at 188…someone is pleading with her…pleading please no no no dont go down there…who is that…she will only make you look silly…i know there is someone at 178 who wants to show her a good time:cool:

yeah i still got to work to support my guppy addicition…she is an expensive girl…
as for those bankers, give me there addresses and i will be there in a flash to loot there places…bloody criminals and fraudsters the lot of em…and there always sitting pretty and smiling regardlesss of the outcome…they should go to jail

she is good isnt she 188, and by the time i finish typing she is 188.71…
she is good 188.84now…97…[B]189.05[/B]man she is good

hope you didnt spend too long eaten your cornflakes she jus hit 189…your margin would have been looking a lot better…provided you got back in time…she is going straight back to 188

For the ride back up this morning into the 190’s.
Been pipping her all morning, she has drank almost a pot of coffee now she is ready to run back home to toronto!

Loosened up some margin. Rebuying again at 188.38 should she get back.
But I still have 2 longs higher. Loss leader at 191.50 arg!
I should have held that short from 191.50 blah!

I think she is going to go down to 188.38 to pick up my long.
When everyone gets to work today at the market I think they are going to be dumbfounded as to what to do.

Is she heading to south america? Or is she going back to toronto?
I am betting on Toronto today. GU seems to have recovered some and UJ is suffering. Trouble is the usGOV is in worse shape than Lehman Bros.
Remember when Lehman issued ALL THAT new stock when they were crashing last time>? And all those morons bought it not even undertanding that debasing the value of your stock is no way to get out of the crapper.
Now they are BK and BOA owned Merril Lynch HAH!

Are we going for one world bank too? BOA sucks ass, Citi is much better.

SHe is coming to get me at 188.38 then she will rocket back up and make ALL my longs good.

Looking for support at 188.00 or there abouts.

187.80 but should have waited a bit as she is @ 187.36 now.
She has to head back up when the market finally opens in NY.
Otherwise I may get short.

I just scalped one short by mistake I was trying to go longer @ 189.00.
Still just holding a loss leader at 191.50.

You know this is a good place to play the old strategy of only going long and buying in the dips. I doubt you have need to fear a run down too much past 1000 pips into 180.00. To dream of prices lower than 180.00 is just not realistic. It is not as if Japan is doing much better than anyone else.
Banks continue to crumble in the usa. I laughed at everyone who was buying lehman last time they were going under after they issued a bunch of diluted stock, at an overpriced price. This lowered the value of everyones stock.
Kind of like the fed does to us when it keeps printing dollars, thereby making my dollars worth less, so I need many more dollars.

She could run down to 188 but I dont think much will happen until aisa gets jumping or london comes in.