If only I would have known....

Some serious cash could have been made over the last 3 months with GBP/JPY. If you read the discussion from post 67 to the end, you'll see the idea of adding .60 lots at each 100 pip interval of GBP/JPY...

http://www.forexfactory.com/showthre...t=11566&page=5

A person could have added 1 lot at each 100 pip interval, pyramiding these gains...

leg 1: $20,000
leg 2: $19,000
leg 3: $18,000
etc...

Grand total: +$200,000 in 3 months.

That's all in hindsight, but it could have been done with a method I described right on that thread right before the move took place.

Did I mention the positive swap too???

gotta love those trends

Well I've been buying on dips for the past few weeks and have an average return of 10% per week. Each "dip" is worth about 100 pips give or take a few. This "uptrend" is still going strong dating back to January last year when it was around 200. Assuming it will continue for the rest of this year (a good 6 months) there's still many pips to be made.

Could've done just as well off cad/jpy, 1600 pips in the last 3 months. That's not bad at all for one trade.

http://img182.imageshack.us/my.php?i...djpydayjp8.gif

if you could see into the future just 1 pip you could be a millionaire

course everyone else would be too

Very good point.

I regret not jumping on the carry trade bandwagon, but the thought of 'that correction' has always prevented me. Hopefully once it ends, all the currency pairs will benefit, with an increase volatility.

In retrospect, everybody could have made millions

Yes it would be nice but there are too many woulda coulda shoulda situations in life. I am sure we could all post charts in hindsight and look at the thousands of pips we missed from seemingly simple and obvious setups. Might be a better idea to focus on how you can use this information for possible trading in the future to catch pips.

1 pip is too short because you have the spread. But seeing in the future one 15 minute candle should be enough

That's why I jump from pair to pair, from time to time... To catch the trending ones....

Your R:R ratio goes to amazing levels in those pairs

LOL....u could go on and on like this for almost all things in life...