profiting monthly with cyguy

Unfortunately I left gbp/usd before it went any higher. Made 25% for the month! new system is working pretty well. Eur/gbp could go down more, but im not sure, looks like it has 1 more major leg up before it ends the longer-term cycle. I have faith that gpy/jpy will go higher as well, but Since I made 10% on that trade, I figured I would take my profits while I could.. not bad for the month of august!

Trades of the day! Going long with usd/jpy at 99.95 with a 100 pip sl, and went long with gbp/jpy. will show charts later!

quick scalps of the day

no trade today... couldn't find any gaps

got my eye on the news report from the boj, got 2 entry orders, for (B)132.31 on gbp/jpy. (B) 100.89 on usd/jpy. The reason I am looking at the long is because the stochastics on the daily are pretty much over sold, and during the asian session, the pairs have been trending down, and we know how MM like to deceive... If it goes south, then ill just exit my orders quickly, but they are placed high enough to be on another support level. Good luck guys!

Longer term on the WEEKLY chart it looks good. 3rd week of September the BOJ should give one more boost of yen weakening stimulus.

Well that speech was a dudd for the jpy pairs.. got rid of the entry orders... sad day.. now we wait again..

I agree, I only go for longer terms, less static...

Howdy howdy fellow prospectors! a good site I see is the EUR/USD, got in a (S) at 1.13076, going to do a long hold of this, looking for a 100+ type profit targeting the 1.1200 level. I suspect the pair is going to trend down for the time being until yellen shouts off the roof top on friday.

Good call, heading to 1.12 as we speak.

Howdy howdy traders! man, looks like the eur/usd is ready to drop! before the drop Im thinking that MM are going to move it up before it drops. Im gonna exit out of my trade at 1.1290, and make an entry at (S)1.1270. Lets see how it goes! Other than this, my USD/JPY still stands at 100.877, could go down to the 96 range though.. so going to be on the lookout! those are the only trades that peaks my interest, this week really has been boring huh guys!

aw man, 120 pips profit in the bank with usd/jpy.. too bad I Fudged really bad!! I actually lost around 80 pips with gbp/usd, 60 with eur/usd and 79 with usd/jpy. I played the market in the right direction, but got whipsawed in the opposite direction, a clear stop run hunt from the MM. Well I closed my orders in the red, with -240 pips, but then I got back in with usd/jpy with a +120, giving a grand total of -120 for the day... The reason I closed my usd/jpy position is we don't know what old abe is going to do with the yen, he hinted that investors "won't be disappointed." So that makes me want to see if there is a gap up or down, and then I will re-enter my position for the yen.
Lesson to be learned.. Even if your right, never place more than one order on a news event! margin call will kill! lol So far, Still up this month with +15% for the month of august, not bad!

Hidyho!!

Haven't been trying this method for awhile, since I was practicing a daily hedging method. Worked pretty well! too bad I don't have time for it.. So back to my previous method! well so far right now I don't see anything promising, So I wait.. perhaps janet will cause some rukus!

Hidyho prospectors!!

Well, looks like no major movements today.. sitting the sideline again! trigger finger getting itchy... lol

spoke too soon! so im going to have an entry at (S) 100.00 on usd/jpy, lets see what boj has to say at 230am est...

hoooo weee! got a short at 101.35 with half of my position, and the rest if it touches 100.00, thinking the boj has something to say!

wiii! closing the profit at u/j 101.00. market is be having a lil weird..

no real other moves for the day, will check with kurda tonight!

Hmm, nothing to see here today! perhaps monday will bring a spike I can work with!

Happy week guys! well, no major movements for today.. maybe the AUD with change their rate to create some movement! well, here's to future prospects!