Swing Trade GBPJPY

As the title says, this trade explorer is for swinging the GBPJPY exclusively.

Target balance at December 31 ,2012: $2,500

The calculation is based on balance.

Balance = 833
Target = 2,500

Amount to target = 1,667

Performance update - End of October 12, 2012

Balance = 743
Target = 2,500

Amount to target = 1,757

I also provide signals in Zulutrade for EURJPY: SP Account: Fxturtle - Gippy All the entries and exit for GBPJPY is the same except for a few pips here and there. This account is not linked to Zulutrade platform because Pepperstone is not supported by ZT.

The retrace to 124.75 is lower than the low of 125.34 made on 9/26/2012. This pair has been extremely volatile for the past 2 months. It has to close decisively above 126.60 (Extension of the broken rising trendline) to challenge declining trendline sitting around 127.40 and if it gets penetrated, it then could challenge 128.80 area. Trades for this this pair is reduced to 2 open positions until a clearer direction is seen (This is only for Zulutrade).

Highlights of my trading style for Zulutrade purposes.

- Swing trader. Some positions are open for 2 to 4 weeks until TP is reached
- Maximum TP is 800 pips
- SL are between 60 to 150 pips, which depends on support / resistance levels
- No overtrading. Average trades per month is between 10 - 15
- Maximum open positions is 6 ( 3 shorts and 3 longs). Hedge positions is only for winning trades. No hedging for losing trades

http://zulutrade.com/TradeHistoryInd...spx?pid=120570

IMPORTANT: Follow on a DEMO for at least 8 weeks. If you want to follow with real money right away, please trade with 1 microlot for each trade.

Fxturtle - Gippy

This pair has not been performing well compared to my two other systems, but one of these days this pair will trend again.

As you can see in the trade history for the trades I sent to Zulutrade, all trades would have been a winner if I only take 25 pips TP. However, would I trade a system with a SL of 4 times TP. There is no way, i'll do that.

Even though the winning percentage is only 55%, I still come up ahead because my winner is bigger than my losers as you can see my biggest win is 265 pips and biggest loss is 88 pips.

I got some good realized pips around 100 last week then the pair got smack down again, but my system does not tell me yet to close as the price is currently in the rising trendline and declining trendline.

My ZT sp account is showing some green pips after 5 weeks, but not as I would like to, nevertheless, I will continue trading this system and see how it goes.

Target of $2,500 not achieved, but I'm satisfied with the performance.

Target at the end of December 31, 2013: $5,000

Your December performance wasnt as good as your performance in Sep an Oct , but nevertheless it was profitable. Good job on zulutrade , and i wish you happy new year and better trading in 2013!

Happy new year !!!

Goal for 2013

Pip gain: 10,000 to 12,000
ROI: 1000%
Ending balance (12/31/2013): Between $4000 to $6,000

This goal will not be easy , but i hope that you will manage to get in there! Good luck fxturtle , make us pips on zulutrade.

thats a very challenging goal, turtle!!!
are these your projections or trading simulation?

This is a projection.

The goal is very challenging and ambitious, but if the market is with me, I think I have a good shot. Time will tell. After being stopped out for 3 trades, I recovered the losses plus more.

My Zulutrade SP account Fxturtle - Gippy is also have a good start for the year. Target for Zulutrade Gippy is over 10K pip gain for 2013.

Hello. Could we share trade ideas for the coming week here? Strictly GBPJPY