For the next few months I will be posting up signals for GBP/JPY. I started on Wednesday on another forum but it seems a bit dead over there so I will move the signals to MMG.

Here is the post from Wednesday 30th July.

Hi...I have been working for a while on a system which involves amongst other things moving averages, fibs and hull moving averages. This system is designed to find the end of major moves and trade the reversal. Not exactly picking tops and bottoms but around those areas. Once a signal is given the trade will stay open until the signal to reverse is given. It is by no means complete in regards to money management but I seem to have got it to a point where the drawdowns are pretty small.

Anyway here is the first signal, it was produced at 1631GMT 30/07/08

GBP/JPY Short @ 214.37.

This was the exact point the signal was given, I actually missed it due to other commitments and got in myself at 1728GMT @ 214.20

I'll keep things updated and go into it a bit more at a later date.



This signal is currently +215 pips and the max drawdown was 21 pips.

Have a good weekend.

SC

+1000 pips and counting

keeping an eye out now for the next signal.

happy trading!

SC

Well done!..

I am waiting for your signal

new signal : close short &.......

buy gbpjpy 200.16

signal was triggered at 2210 GMT 28/08/08

Running profit

+1421 pips.

SC

wow!

good pips

closed trade 1730 @ 197.74

Loss = 244 pips

Back to the drawing board.

July Profit =1177 pips.

SC