Traders of GBP/JPY... | Forex Factory

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Traders of GBP/JPY...

  • #1
  • First Post: Feb 22, 2007 4:40am Feb 22, 2007 4:40am
I'm new to this pair, please give your views of this currency.
"Increase Your Pip Production, or You're Fired"
  • #2
  • Feb 22, 2007 4:46am Feb 22, 2007 4:46am
It can eat you alive.
Trade what you see, not what you think.
  • #3
  • Feb 22, 2007 4:48am Feb 22, 2007 4:48am
You need b#lls of steel to trade this pair. The most volatile of all of them. Not unusual to have 100-300pip swing daily. Go back and look at some daily
candles on this one. It's the closest to gambling you will ever yet...I love it
though......
just trying to make a little on a lot.....
  • #4
  • Feb 22, 2007 4:56am Feb 22, 2007 4:56am
I will only say it's the dragon
you have to be a slayer of this dragon
if u did .... you will stop count the pips you gain every day
If you count on hope in any trade ……. Get out of it
  • #5
  • Feb 22, 2007 5:29am Feb 22, 2007 5:29am
...it's a double-edge sword....
  • #6
  • Feb 22, 2007 6:37am Feb 22, 2007 6:37am
Quoting snowman
You need b#lls of steel to trade this pair. The most volatile of all of them. Not unusual to have 100-300pip swing daily. Go back and look at some daily
candles on this one. It's the closest to gambling you will ever yet...I love it
though......
Thanks to all that have replied with helpful info. I am demo-trading the pair, I find all statements to be true. You must have guts and lots of them to spare.
"Increase Your Pip Production, or You're Fired"
  • #7
  • Last Post: Feb 22, 2007 7:00am Feb 22, 2007 7:00am
If you want to trade this pair, you will want to look at the following thread on forexfactory.

http://forexfactory.com/showthread.php?t=13507

tKimble has shown how to make a very good return using this pair. It is making an average of 173 pips a week for the last 28 weeks.

I truly love the Cable Yen. It moves.

yezbick
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