GBP/JPY Equity Building Profitable trading strategies

I go long if she breaks 139.25 or if she dips below 137.72 then I go short.
There is another range which is going to be broken one way or the other. Than I want to sit on the bus with her crazy ride.
Two lots to oepn: TP for first is 100 pips, other open (depends on the $ action but satisfactory minimum would be 200), S/L is equal 100 pips on all.
See if this pans out, that may happen during late Asia, early Europe, so I set the price alarm with Metallica sound alert :smiley:

one short left to unload

Been killing her, lets see what happens here I thik more down then up and back down. Yawn better get a cat nap!

she seems to be running back up some, but look at that 4HR chart she sure looks ripe for a fall of more significant proportions than the fall from london open. I imagine there is any good news aroound. ST still have a short sold too cheap, should have stayed withmy convictions of shorting only at 139.00 and higher for now. I shorted her so many times from 139 it isnt funny over the last 24-48 hours, over and over and over.

LT I am still holding some longs higher, I still say economic collapse is coming as more funny money rolls off thepresses and things get worse for UK, be ceratin the USD is headed for a fall, spend them if you got them, Obama may prop it up for a minute or two, but beware the end is near and none of this will matter and this is no joke.

The ones who lost their monies to the likes of MArgo’s and SHoe Targets :smiley:

rumor is obama and the dems want to appoint a special prosecutor
instead of throwing shoes they want to throw away the keys on that guy

and soon the “raw deal” comes out, it is like the NEW “new deal” remember FDR? the gold theif? perhaps the biggest commie of all time, who stole from the rich and gave to the poor. The banks now are loading up on funny money and not loaning it out then in jan when the skit hits the ran
they will have all sorts of funny for their freinds as they rape americans yet again for 4 more years.

The Obama new deal will be the biggest thing since fdr’s new deal it will be the biggest redistribution of wealth since then!

Right now I am buying silver, it is way under valued, real money is only silver and gold not some funny paper, which is nothing more than a bad check,
soon they all are going to bounce, why curculate bad checks without cashing them in? Does everyone not know that they are bad.

As we sell this country out to the chinese and other foreign governments and peoples, soon amerika will be no more as it ever was, you will be waiting in line for food and fighting for a loaf of bread, don’t forget Ron Paul and others told you all long long ago before we got this deep in.

And here are a few short videos, don’t forget the america we could have had, but I am afraid it is too late.

WOW…

YouTube - U.S. Economy : The Philosopher’s Stone

& this one too

YouTube - LET THEM FAIL ! NO BAILOUT ON MY BEHALF (JIM ROGERS)

guppy meanwhile is in need of recessiation on the 4HR it appears we could be on the way down as we have just got over the peak, or is there more prdie before this fall? Coffee time.

picked up a long @ 137.214
shorts waiting again at 139.00 and higher

from here I xpect a retrace up, as phoney as it may seem
she is headed up for a short bit rangebound pretty much waiting for the break up then the fall.

I just can’t find an answer for one question: What the hell is making European economy better than US ?

These are options:
1.lazy workers ?
2.socialistic/communistic welfare systems ?
3.lack of innovation ?
4.nationalised banking system ?
5.emerging markets getting ready for their own crunch ?


I can’t understand it and put down the price action only to the news event, but on the other hand a few trendlines have been broken today.

Is it the way for a dollar for the next couple of months ? years ?
I bet everybody now is scratching their heads, so I do mine.
EU, GU are going to become a carry trade now ? Yesterday’s movement of 400 pips is nothing short of crazy Guppy girl ride. So difficult to make the mind up as the confusion in markets is at its best now.
I recon the range play is the name of the game for now. Where is the bottom ?

I feel the holiday season is around the corner. Most of the traders will not be around, the market tends to be manipulated by the big boys. :confused:

Doesnt look like we will get there this week. The markets have been crazy.
The dollar tanked this week worse than it has in a while, oh to have held some EUR/USD longs.

I havent been spending much time trading, just trading guppy.
129 is almost a sure thing before year end. PP is 18,595 for the month,

beware BOJ!!! I suspect BOJ is going to intervene near the hong kong open Monday Dec 22th or perhaps they will spare US ntil after xmas, but know for certain that if the YEN keeps going sky high against the USD BOJ will not tolerate it. And know BOJ is one of the most powerful banks in the world, I suspect they have more liquid currency than ANYONE, when they step in watch out dont get caught on the wrong side of that trend or your account is dead without a SL, and your broker becomes your SL. I am banking on a reversal at some point here as the yen sails companies like canon sony and toyota cannot sell their goods to americans who need huge amounts of dollars to buy those goods, and not many americans have any monies left.
The banks are hoarding the funny money they got from the FRB, and chase is getting ready to get fried on some silver shorts. I am long silver. not at my broker, either. I am piling up silver coin, one day I may need to trade it for meat!

beware BOJ!!! I suspect BOJ is going to intervene near the hong kong open Monday Dec 22th or perhaps they will spare US ntil after xmas,

Exactly right Ram, Its going to happen anytime now, they simply can not let the yen keep gaining strength. There will be a massive retracement in the coming weeks.

I’m thinking it wont be till january, so I am now building long set-up in anticipation. If we are not at the bottom already, its surely not very far off. Each new low, i will be adding longs, cause when she bounces it will be fast and furious and 2-3000 pips if not more. Right now the market is bouncing around for no real reason, purely market manipulation.

Cheers everyone… gap up on sunday?? wait and see

One of the bank sheets on Fri, mentioned Japanese MOF data: "Japanese fixed income investors repatriated capital…945Bn…4th consecutive week this has happened…largest amount since Aug.“
Further stated: if MOF wants a weaker Yen…may have a fight on its hands…
if (the) trend continues to the end of current financial year”. I am also, factoring the weakness of G.

E/Y seems to be in retrace mode.

Other bank sheets unanimous in telling one to avoid Yen X’s until clear direction is seen.

I am just gonna sit on my hands re: guppy for a bit.

But I am stille xpecting 129. We may not get there today or this week. But I am adding GJ longs all the way down. I have orders to buy into 129.00.
When BOJ arrives on scene it is going to be so fast that if you do not have your orders in, trying to get an order in will be like trying to jump on a freight train flying at top speed. It cannot be done.

As the yen rises, Toyota is in trouble, inventories in japan have to be at record highs as americans are not buying.

The true meaning of Chrsitmas is the celebration of the babalonian winter harvest festival, it is just a holiday to spark retail sales.

It is not about the birth of Yeshua (Aramaic name for the Son of God)
please refrain from using Jesus Christos (greek with the numerical value of 666!). It has been proven over and over that Yeshua was really born on or very close to September 11 3bc. Why do you think they blew crap up on September 11th?

Yeshua is Virgo. Was born on Rosh Hashanah (Hebrew: ראש השנה‎, literally “head of the year,” The First of Tishri. Be NOT deceived God is Not mocked. Look what happened to the folks who have mocked him over the years…John Lennon, Marilyn Monroe the list goes on and on. Those who mock Him die an untimely death, it is a matter of fact. I have lists of dozens of famous folks who died untimely deaths who also were know to have mocked God. Whne the MAgi gave gifts to Yeshua he was 15 months old. DO you studies and know the truth about the pagan holiday known as Christmas.

Happy holidays to everyone!

But what next, with all the speculation and the ongoing holy war
no one will focus on guppy eh? thoughts of world war 3, better get your money out now and spend it before its useless, anywhere long from 130 should be good for several hundreds pips.

Things are going to be a right bit choppy from here until we see how much immediate action the new king takes IF he gets in. the supreme court is to review Bergs case so who knows. Consolidation is king going into the new year, for sure a retest of the high 129’s is in order, a great chance to get some long lower.

Swap is down to almost nothing 4.40 on a standard lot at 200:1 leverage @ forex.com mt4, I am sure fxpro isnt too different, but the spread is way better at fxpro.

TTFE 2008

I should have sold some right around 132.00 but she didnt get that high. I set TS’s on those longs they all closed from 130.00 upto 131.50. I reset the orders to rebuy atthose levels.

I didnt have the guts to go short here. She is going to run down a few more here, maybe not even that money then rocket back up.

Plan has not been completed :slight_smile:

Hmm, it seems like GY is doing a retracement after a move down. But the overall still looks bearish to me, looking for a short after the retracements.:slight_smile:

Ok… I did not read the whole thread… so please bare with me… however. I did read quite far into it and have yet to see anything that explains just what you guys are doing? Or maybe I just don’t understand it… which is entirely possible! :stuck_out_tongue:

Could one of you regulars in here explain exactly what is this system! I am fairly new to the whole Forex scene but am not a dummy! heheh lol

Just need a little guidance.

Thank you in advance!

MD :eek:

And you are still holding longs from 130. You may want to sell some :slight_smile:
I sold mine foreverago! ()&*#!!!

I am still only long here from 130 up into 140. Glad I didnt go short anywhere there :slight_smile:

This system was always a long term system too build up equity over time.
guppy is doing quite well and has left quite a few folks at the bus stop.
I am cautious to get in longer here nor do I feel it is high enough for me to short.

Its CFD, contract for difference. do a google search.

Key was collecting positive swap and over time multiplying your equity.

I am looking closely lately at the GBP/ZAR EUR/ZAR USD/ZAR
in demo I am short one mini on each from current levels. in EU swap seems to be huge on these.