GBP/JPY Equity Building Profitable trading strategies

Now that I mention it there may be some trouble at the 129.30 (61.8% retracement for 135.30-119.60); this coincides with similar behavior on EUR/JPY at the ~119 level (61.8% retracement for 121.40-115.20). I’ll wait to see how the 1500 1H candle pans out before considering a short further.

go Guppy Go!!!

My customized intricate charts and detailed analysis brings me to a strong conclusion of a 33.3% bullish buying movement, 33.3% chance of a bearish sell off, and a 33.3% chance of flat price action.

Please allow for +/- 0.1% in the conclusion percentages above.

Darn it, you are GOOD. Reading your post- It was an epiphany!- why the heck couldn’t I see it?:smiley: No wonder my trades have been minimal (also,pips).
Would consider purchasing copies of those customized charts and trade system of yours:) Would they be available per chance?
Has Galveston returned to some semblance of normal from its last hit?

I agree: I have 62% retrace level. previous support/resistance level and a D Down TL ( hi’s of 01/19 - 01/29)all approx. 129.50/60!

I await break of 130 level (CONVINCINGLY) STO (D) says yes. MacD says Yeah. Traders ? BoJ ? 2 yays from the technicals/ 2 “don’t knows” from the fundamonals. I shall await the break ( either way).

My thought: if 132 is broken to the upside,then 140 is my next level of resistance.

Where the heck is Triple R? I am a contrarian trader ( I.E. whatever, he does- I do the contrary):wink:

Lighten up viewers to the thread-read back several hundred posts and ya may get the humour-!!! His system works ( I just apply it in a different manner as he has more testicular fortitude than I)
Plus, rumour has it that he is training “guard alpacas” to protect his assets!!
so you know that I do not want to get on the wrong side of this guy!

An IB has formed on the daily guppy chart. I feel the break of the IB to either sides will get me into a position. I will patiently wait for this setup to play out. :slight_smile:

[B]January 30 (AVAFX)
[/B]
[B]Short term (Intraday)[/B]

127.40. British Pound and Japanese Yen are in an uptrend supported by 1H exponential moving averages. This currency pair is also in a consolidation after the last optimistic movement. Bollinger bands are flat. Oscillators are unbiased. The price should merge. The price should carry on moving in Bollinger bands.
We will not take a position.

[B]Resistances
127.85 � 129.20
Supports
126.50 � 125.20.[/B]

:slight_smile:

The BOJ can move the market like no one else in the world, if and when they decide to step in. They have boatloads of Money, that they can use.
And besides that they can start printing up new money hanky panky style,
which has to decrease the value of the Yen already in existance.

And lets not forget as bad as things may be in EUROLAND, BOE holds GOLD in their vaults, little french angels, they have boatloads of them. The US on the other hand has no gold in their vault all they hold is a bunch of bad checks and promisies to pay. And if they think they can get themselves out of this HOLE (HUGE DEBT) by continueing to Dig they are wrong, it is not possible, just look at the whole bush preisdency! Spend your way to weath!
HAHAHHA as if! Lies lies and more lies. Dilution, debasement and deception.
Why cant they just tell the truth? Did everyone already forget that Hanky panky and BURN NAKE lies to us and lied to us and lied to us, freddie is fine fannie is great they keep telling that lie, and now after countless billions wasted because they were not OK, NOW they need more money! Before it is over, I suspect that my rgrandkids kids wont be able to pay the debt they are piling up.

I once thought that the US would be Bankrupt in 2008, I was told by someone inside the GOV, that THAT will never happen, we will defraud our creditors first, and what if Japan china and South Korea (fools who hold US treasuries {loaning us money}) cannot hurt us nor can they force us to pay.
And if they try well we will blown them up! And remind them to shut up now
while they still have their lives, otherwise they are looking at losing everything possibly even thier lives, in exchange for some huge holes in the ground.

It looks like from here that guppy is gap up over 100 pips ATM. If this holds I have some longs to dump!

and if this gap up is right 100+ pips I have some longs to sell!
Those alpaca I have have apparantly joined the “Al Paca” network
they have RFID chips mounted inside them so I don’t think they can participate in any covert actions, they communicate thru a humming network
that can be heard around the world. humm hum hummmmmmm. Those alpaca I have don’t always seem to tell the truth! They have all agreed and prefessed that they are starving! But the vet has checked them and insists they are fat! And I am feeding them too much. They look fat but I thought that was their hair. One of those Alpacas tricked me last year, she pretended like she was pregant and acted the part too, and swindled me out of double food for almost a year! I am not tooo sure about this “Al Paca” network, nor do I udnerstand how those humms can be heard globally. They seem to be in contact with some Australians Alpacas and several south american alpacas from Peru, Chile and Bolivia! My head Paca is from Boliva!
They are still spitting. Alpaca spit has to be the nastiest thing in the world.
The smell makes most people vomit! And once you get that acid in your eyes it is all over for you for a bit, it is worse than pepper spray.

I knew it as soon as I mentioned selling soem longs for a profit guppy runs down 40 pips, by the time I can trade like 5PM we may be just back at even ARG!

This one eludes me!

I didnt look at that Daily image youposted but for a few seconds.

And it sure looks like guppy is in trouble. My Gut tells me guppy is heading down to make new lows maybe stopping for a retarce up around 115’s

Is it too late to get short?

and when it opened would have been the place to get short. There seems to be some ST support at 125. But according to Ray’s daily chart like I said previously it sure looks like guppy is heading for the southern exit.
Can she break the old lows and make new lows remains to be seen. But I believe guppy is heading south for NEW lows.

She cannot keep falling forever or can she? :slight_smile: Yawn!

Let see can guppy find early support at 126.65 region in early London session. :slight_smile:

I thought you said your alpaca’s weren’t into any covert activites …Hummmm :smiley:


[B]GO GUPPY GO[/B]

I AM LONG! HEH

This is where guppy learns I didnt go short heh and she turns south! :slight_smile:

I dont have any of those types. I have all huacya type alpacas! Furbelow Farm Alpacas and Cashmere Goats in Goochland County Virginia

I added some picks to them on Flickr too! Flickr: rrram2’s Photostream

I am so glad i didnt go short :slight_smile:

I have had to resort to pimping myself out Make Your Money Online here so I could add to my guppy longs.

Guppy has been making me crazy all day, starting at 2am when she tried to sneak south of the border because she thought I was sleeping!
I had to get up for a bottle! But when I saw someone pulled the rug out from under guppy. I couldn’t drink my milk and cried for an HOUR! The she finally turned around!

I can see now though I should have went short at 130.65 ARG!:eek: