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	<title>Comments on: Forex You Say?</title>
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		<title>By: greg wakefield</title>
		<link>http://www.umttrading.com/2008/06/12/forex-you-say/comment-page-1/#comment-196</link>
		<dc:creator>greg wakefield</dc:creator>
		<pubDate>Fri, 13 Jun 2008 21:35:09 +0000</pubDate>
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		<description>how did it work this week with the gbp/jpy.  it was very flat this week and i was wondering if your tech. got wipsawed, gave no trades or what ?   thanx, greg

Greg:  Good question.  You&#039;re right, GBPJPY was flat for much of the week compared to almost everything else that was flying at times.  I did look at Monday - nice session - 100+ pip move.  We have two entry strategies we teach so as I move forward on the week there are some differences.  Tuesday caught about a 50 pip move then had a loss for about 48 pips.  Late trade that ultimately went about 90 pips.  Wednesday our &quot;safer&quot; entry had no trades - more aggressive would have stopped with 31 pips and 40 pips.  Thursday nothing for either.  Friday the conservative entry again no trades - did a nice job filtering out while the more aggressive had one break-even and one loss of 34 pips.  Overall, given the chart fairly pleasing outcome - you&#039;d almost have to bet that next week we see some real movement again (like earlier in the week) - thanks for the question!</description>
		<content:encoded><![CDATA[<p>how did it work this week with the gbp/jpy.  it was very flat this week and i was wondering if your tech. got wipsawed, gave no trades or what ?   thanx, greg</p>
<p>Greg:  Good question.  You&#8217;re right, GBPJPY was flat for much of the week compared to almost everything else that was flying at times.  I did look at Monday &#8211; nice session &#8211; 100+ pip move.  We have two entry strategies we teach so as I move forward on the week there are some differences.  Tuesday caught about a 50 pip move then had a loss for about 48 pips.  Late trade that ultimately went about 90 pips.  Wednesday our &#8220;safer&#8221; entry had no trades &#8211; more aggressive would have stopped with 31 pips and 40 pips.  Thursday nothing for either.  Friday the conservative entry again no trades &#8211; did a nice job filtering out while the more aggressive had one break-even and one loss of 34 pips.  Overall, given the chart fairly pleasing outcome &#8211; you&#8217;d almost have to bet that next week we see some real movement again (like earlier in the week) &#8211; thanks for the question!</p>
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		<title>By: Paulo Gomes</title>
		<link>http://www.umttrading.com/2008/06/12/forex-you-say/comment-page-1/#comment-195</link>
		<dc:creator>Paulo Gomes</dc:creator>
		<pubDate>Fri, 13 Jun 2008 08:28:48 +0000</pubDate>
		<guid isPermaLink="false">http://netpicks.wordpress.com/?p=110#comment-195</guid>
		<description>The video doesn&#039;t load.
Instead, the error &quot;Page Not Found. Error 404&quot; comes up.

NetPicks Reply:  You should be all set now - video may have still been uploading.  Thanks!</description>
		<content:encoded><![CDATA[<p>The video doesn&#8217;t load.<br />
Instead, the error &#8220;Page Not Found. Error 404&#8243; comes up.</p>
<p>NetPicks Reply:  You should be all set now &#8211; video may have still been uploading.  Thanks!</p>
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