GBP/JPY Equity Building Profitable trading strategies

You must have been without power or something.
How could you run your taillights anyways? :slight_smile:

I sqrd a short for a few pips to get out of the 80 cents interest.
I am still thinking short here down into 190.00 overnight.

Why double tonight? Is it my birthday?

I remain relatively bullish. Everyone is talking about the bottom falling out and conditions worse than the depression and guppy keeps running up.
192.00 is notworthy and she was stopped out here yesterday, where cdawg got short, I wish I had held my shorts as I also got short there but sold them for minimal pips. Even tonight I am looking for at least 50-100 pips to the downside. I think she is going to have to run down and come back later for another attempt to break through 192.00. For now I am thinking of 192.00/07 as her ceiling for now. So If I can scalp some shorts down in here waiting for her to return to her upward correction, they will be welcome pips.

But I think I have to get one short here. She sure looks like she has to come down some. But before asia comes in things could get real whippy as volumne thins out making it easier for little market makers to manipulate price.
But I think When asia comes in we have to fall some, it seems obvious.
I dont want to go long or get longer here.

[B]“Our life is what our thoughts make it.”[/B]

Marcus Aurelius

If we have a huge gap down open Sunday, bet [B]big[/B] to close the gap. Vegas style guppy trading. Play big or go home.:smiley:

But she didnt fill my order. She danced around me and I let her go!
I got one short at 191.86 that I already scalped for 12 or something,
trying to make up the 80 cents per 1Klot I lost in interest on rollover for my couple shorts.

My shorts will hit their TPT before it opens for me as they fill orders from friday before you can do anything. Sunday is a wild trading day.

She is going to be gapping down long before sunday night.
I think the news is nil tomorrow outside of the hyped up media there will be nothing, so it could be a wild day depending on who is not going under and who is getting bailed out. but that 30M sure seems to be screaming southbound.

I think she is going to have to run down and come back later for another attempt to break through 192.00. For now I am thinking of 192.00/07 as her ceiling for now.

I agree, it could be very interesting, shes testing 192 pretty good.

I let my short run yesterday and got stopped out on the retrace back to 192:( at b/e, though i still lost on the spread… grr, 270 pips i let go cause i figured we were still going down, to 187. Teaches me a lesson, not to be greedy.

Im shot from 191.85 atm, though i thinking of closing her off depending on what the asain open does for me.

If we have a huge gap down open Sunday, bet big to close the gap. Vegas style guppy trading. Play big or go home.

We had a pretty big gap up over last weekend, which has yet to close if it will, though sure seems like she wants to get there.

Oh the 5 min chart is dancing right now!! up down 20 pips every blink

put a daily chart ( Nov 22/06 to present) There was a head and shoulders-with the left shoulder on Nov. 2/07
The indicators that I use suggest a retrace to 196

I scalped some long. But here in 193.00 I am thinking this may not be the place to get more longs. I sqrd my longs up around here 193ish. I dont know if she can break 193 and climb higher. She looks a bit heavy.
But the government manipulation is getting weird. What is this stuff about
you cant short sell?! thats the thing I linked to yesterday, the hand of uncle sam or something.

[B]“Whether you think you can or think you can’t, you’re right.”[/B]

Henry Ford

Either way you are right. I tell the kids this all the time.
YOU CAN, YOU CAN. They argue and say they cant LOL.
We if you say and believe you cant, you cant even if you really can!

It looks like she is running out of gas and steam, and she is looking heavier by the minute.

I think she is poised for a fall here before NY opens. The news media here in the USA has gone crazy. All I can say is dont panic! Where is the bottom falling out? Sure isnt falling out of guppy, she is strong to the north, but can she keep going? I think everyone and their mother and grandmother is going to be selling guppy and buying yen especially all those female day traders in China, Put your pennies in YEN!

[B]“If opportunity doesn’t knock build a door.”[/B]

Milton Berle

Holy cow, I am thinking long the ceiling has disappeared and she has unbridled power like the rising phoenix, nothing can stop her now, not even my longs! SO I may as well ride with her back to 251,
erm I mean 215.

TOOT TOOT!!!

all aboard the guppy train!!
she is fixed…for now