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Breeze....Update on GBP/JPY

  • #3,261
  • Jun 12, 2008 6:59am Jun 12, 2008 6:59am
Quoting moneybookers
you long uj?
yes
  • #3,262
  • Jun 12, 2008 8:48pm Jun 12, 2008 8:48pm
Well this has been a very tight range for last couple of days. I have canned my stop orders for the break out because we probably wont see it before the weekend, then well get a gap on Monday and it will probably work against me.

I might look at scalping if the range is still intact around london but apart from that i may just have to call it a weekend.

I hope things improve next week
  • #3,263
  • Jun 12, 2008 9:40pm Jun 12, 2008 9:40pm
Right now I've got my eyes on 109.01 I'm making a killing !




Quoting Breeze
yes
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #3,264
  • Jun 12, 2008 11:28pm Jun 12, 2008 11:28pm
Quoting TraderJoe
Right now I've got my eyes on 109.01 I'm making a killing !

check e-mail please I need ur help...I forgot u said I must buy what....check e-mail....I bought glucosamine for bones and joints...but I need the one for energy....I forgot the name....I need to energise my whole body from feet to toe.....including my brains and muscles

Breeze
Market Master
  • #3,265
  • Jun 12, 2008 11:35pm Jun 12, 2008 11:35pm
Quoting TraderJoe
Right now I've got my eyes on 109.01 I'm making a killing !

10850 is big R/S level fro UJ to break
  • #3,266
  • Jun 12, 2008 11:43pm Jun 12, 2008 11:43pm
Quoting TraderJoe
Right now I've got my eyes on 109.01 I'm making a killing !

by the way it can.....today is G8 meeting so...it will be infavour of a strong dollar....109 very possible......

Breeze
Market master
  • #3,267
  • Jun 13, 2008 2:14am Jun 13, 2008 2:14am
Ok will do..


Loaded eur longs...
Loaded NZD shorts

I'll check emails now.




Quoting Breeze
check e-mail please I need ur help...I forgot u said I must buy what....check e-mail....I bought glucosamine for bones and joints...but I need the one for energy....I forgot the name....I need to energise my whole body from feet to toe.....including my brains and muscles

Breeze
Market Master
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #3,268
  • Jun 13, 2008 7:35am Jun 13, 2008 7:35am
Good to see some news come out that reflects the true US economy and not the dribble of mister benanke. Maybe we might see some norm return next week.

I chose not to trade today in the end. Just not enough movement and Ive closed my AUD for a lose before the weekend, but still managed positive pips for the second week in a row. Perhaps next week can net me more

Have a good one all
  • #3,269
  • Jun 15, 2008 7:29pm Jun 15, 2008 7:29pm
Quoting Breeze
Update on New Positions

long
NZD/USD @ 7800...Prfts booked @ 7920

Old Positions
long
NZD/USD @ 7876
NZD/USD @ 7873

long
USD/JPY @ 105.23 X 10
USD/JPY @ 104.70 X 30
USD/JPY @ 104.39 X 10


long
GBP/JPY @ 207.61 X 10
GBP/JPY @ 207.13 X 10
GBP/JPY @ 206.70 X 10
GBP/JPY @ 206.00 X 30
GBP/JPY @ 206.40 X 10


Unhedged Poition
211.50
211.55
210.00
210.50
209.00

Note that target on GBP/JPY will be raised to 218.50...but we will protect pips by lockin in profits @ 218pips per trade or as ussual @ 109pips

Now the Market Master has spoken....

Breeze
Market Master
Now i'm back to life....thanx TraderJoe i really appreciate your help...u should be my private doctor....

Ok for those who were saying a lot of Bull#$%....Breeze has grown his account by 76%.....and where are you nowwwww.....huh...?

209.00......Closed @ 210.00....Prfts Booked
210.00......Closed @ 210.50....Prfts Booked
210.50......Closed @ 211.20....Prfts Booked
211.50.......
211.55......

Now it really pays to be "Patient Patient Patient".....its not how good you are but how "Patient can u be" + Experience....what goes up must come down and visa versa.

Breeze
Market Master
  • #3,270
  • Jun 15, 2008 7:36pm Jun 15, 2008 7:36pm
  • #3,271
  • Jun 15, 2008 7:38pm Jun 15, 2008 7:38pm
Quoting TraderJoe
Right now I've got my eyes on 109.01 I'm making a killing !

I have just closed my trades @ 108.28....I see it coming down....please wake up.

Breeze
Market Master
  • #3,272
  • Jun 15, 2008 7:45pm Jun 15, 2008 7:45pm
Quoting Breeze
Now i'm back to life....thanx TraderJoe i really appreciate your help...u should be my private doctor....

Ok for those who were saying a lot of Bull#$%....Breeze has grown his account by 76%.....and where are you nowwwww.....huh...?

209.00......Closed @ 210.00....Prfts Booked
210.00......Closed @ 210.50....Prfts Booked
210.50......Closed @ 211.20....Prfts Booked
211.50.......
211.55......

Now it really pays to be "Patient Patient Patient".....its not how good you are but how "Patient can u be" + Experience....what goes up must come down and visa versa.

Breeze
Market Master

Breeze, you are very good! I definitely agree it pays to be very patient but what I don't have is a big account where I can open so many lots. That is where the power of compounding will make you rich quicker.
  • #3,273
  • Jun 15, 2008 7:56pm Jun 15, 2008 7:56pm
Quoting Qwert
Breeze, you are very good! I definitely agree it pays to be very patient but what I don't have is a big account where I can open so many lots. That is where the power of compounding will make you rich quicker.
start with $10,000.....trade $1 per trade mostly gbp/jpy....buy aggresively @ lower entries.....your monthly income will be more than $3.600....for the 1st month and second month.

Then once you have $15,000 icrease the bet by $1....and bet $2 per trade....your monthly will be $8000.....depending on the move by this pair it can even be moore than that.....and try to make consisntent prfts this way for three months.

Now you are $40,000 in account balanc....add USD/GBP and USD/JPY to your trades......$5 a trade.....and come back to me again.

Breeze
Market Master
  • #3,274
  • Jun 15, 2008 8:07pm Jun 15, 2008 8:07pm
Quoting Breeze
start with $10,000.....trade $1 per trade mostly gbp/jpy....buy aggresively @ lower entries.....your monthly income will be more than $3.600....for the 1st month and second month.

Then once you have $15,000 icrease the bet by $1....and bet $2 per trade....your monthly will be $8000.....depending on the move by this pair it can even be moore than that.....and try to make consisntent prfts this way for three months.

Now you are $40,000 in account balanc....add USD/GBP and USD/JPY to your trades......$5 a trade.....and come back to me again.

Breeze
Market Master
Thanks Breeze for your advice. Right now, I also use approximately the same percentage of $/pip to capital but on a smaller account. However, I usually open only one lot.
  • #3,275
  • Jun 15, 2008 9:00pm Jun 15, 2008 9:00pm
Quoting Qwert
Thanks Breeze for your advice. Right now, I also use approximately the same percentage of $/pip to capital but on a smaller account. However, I usually open only one lot.
oK good......note Benny is tawking again today.....we may see fire works again in the usd/jpy.....

Breeze
Market Master
  • #3,276
  • Jun 15, 2008 9:04pm Jun 15, 2008 9:04pm
Thats why I was saying Dynamics have changed in the markets.....Now Benny tawks almost every week.....and everytime he opens he's mouth he drives the $ higher......so watch out....\
  • #3,277
  • Jun 15, 2008 9:51pm Jun 15, 2008 9:51pm
hey breeze ive found out that for this pair if you buy one lot for every 250pips this thing will make you rich. but for now i have to buy mini lots or .16 per lot which gives me 15 cents per pip. cant suffer too much of a draw down as it will wipe out my account. ive been doing this strategy since when it was in the high 199.95 and every 250 pips i buy somemore. there was even last month that didnt have a loosing trade at all. all was 100% profitable.


last but not least thanks for the help on this thread. youve been a great help to me i know i dont post much just reading threads.
  • #3,278
  • Jun 15, 2008 10:58pm Jun 15, 2008 10:58pm
Quoting treadline
hey breeze ive found out that for this pair if you buy one lot for every 250pips this thing will make you rich. but for now i have to buy mini lots or .16 per lot which gives me 15 cents per pip. cant suffer too much of a draw down as it will wipe out my account. ive been doing this strategy since when it was in the high 199.95 and every 250 pips i buy somemore. there was even last month that didnt have a loosing trade at all. all was 100% profitable.


last but not least thanks for the help on this thread. youve been a great help to me i know i dont post much just reading threads.
Correct thats the beauty of this "BEAST"....buy dips and forget about your loosing positions concentrate on positions with green pips and adding to your margin...

At first i didnt trade for prfts but for "Margin"....and once I had $40,000 in my account thats when I started trading for prfts...my tgt was 5k-8k a month and fortunately i did better than that 12k a week even more,and my account went from 40k to 220k in three months and thats the beauty of "Geppy"....now the rest is history...

Breeze
Market Master
  • #3,279
  • Jun 15, 2008 11:03pm Jun 15, 2008 11:03pm
Quoting Breeze
Correct thats the beauty of this "BEAST"....buy dips and forget about your loosing positions concentrate on positions with green pips and adding to your margin...

At first i didnt trade for prfts but for "Margin"....and once I had $40,000 in my account thats when I started trading for prfts...my tgt was 5k-8k a month and fortunately i did better than that 12k a month every month and my account went from 40k to 220k in three months and thats the beauty of "Geppy"....now the rest is history...

Breeze
Market Master


now the problem that i will be facing is when it has reached its peak like lets say next year to 250.00, what then. if i follow my strategy then i will have a huge draw down if it gets to 200.00 or below. but hopefully my account will be over 10k or more by then and i can withstand a huge draw down. so thats the only thing im concerned with. what did you do when it drop from 251.00 down to 195.00 and below? did you hedge from 251.00?

thanks for the input
  • #3,280
  • Jun 15, 2008 11:10pm Jun 15, 2008 11:10pm
Quoting treadline
now the problem that i will be facing is when it has reached its peak like lets say next year to 250.00, what then. if i follow my strategy then i will have a huge draw down if it gets to 200.00 or below. but hopefully my account will be over 10k or more by then and i can withstand a huge draw down. so thats the only thing im concerned with. what did you do when it drop from 251.00 down to 195.00 and below? did you hedge from 251.00?

thanks for the input
"LOADED" usd/jpy longs @ 108.26.....tgt @ 109.00

Breeze
Market Master
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