Hello Everyone. My unreserved apologies for posting this later than usual today.

To the young army of traders, I say to you that today was very rewarding but with a great deal of longsuffering as well. Usually I am in and out of the market within three hours. These days I am getting a bit longer and greedier too I think. Or is it just confidence? Whatever it is, the truth of the matter is I will try to keep my focus on what’s at stake – winning my .

Anyway, I had two trades running simultaneously today. It’s been a long while yet since I last traded this way. For some reason both trades came up trumps. Very encouraging. I traded / and / this morning. The weakening cable run encouraged me to both pairs southward this morning. I took a position at 1.7434 came off at 1.7362 and this recorded 72 pips within 3hrs. Here’s my chart for your perusal.

The second was more rewarding and the gift of patience eventually paid off.

About the same time as the top placed a for / at 204.93. This kind of highlights why it is worth sticking with the signals. Took profit at 202.65 just before 1600hrs GMT and that was a whopping 228 pips. I can tell you that it was one of my best days of the year 2005 with 300 pips in the bag. This eclipse my weekly expectation which had certainly paid for my girls school uniforms. LOL. Here’s the other chart.

Some may wondered why I stayed that long for an advocate of 2hrs per day. At point A, you should have seen a -Tops for a reversal. B was nothing but a . I was waiting for the final move from the US market open and I got it just before 1600hrs at point C. I hope this helps the anonymous traders who had left messages on my blogspot.

Happy

Benny…
“A Mentor’s footprint is worth a thousand walk of trailblazing.
Seek the WISDOM of the fore-runners.”

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4 Responses to “GBP JPY: My Best Trades of the Year”

  1. Don Says:
    December 23rd, 2005 at 0:09

    Hi Benny,

    Great blog. I saw your posting on Forex Factory. I would love to learn from you. I like the look of your charts. Please let me know how I can learn your system. Thanks, Benny!

    - Don
    dnbae@yahoo.com

  2. Anonymous Says:
    December 23rd, 2005 at 11:32

    Hi Benny, this might be a stupid question, how can I make your charts bigger? Thanks for sharing.

    Billy

  3. marejp Says:
    January 23rd, 2006 at 16:18

    Hi Benny

    Thank you for sharing, very informative. Will visit often.

    Johan Mare (marejp)

  4. Pavel Says:
    January 23rd, 2006 at 20:34

    Hello Benny,

    I very much appreciate you posting here. I have just discovered this blog. Please continue posting. I am new to forex and need a “guide” if you will.
    Thank You, Paul

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