Forex EA Robot Trading Blog

GBPJPY breaks 250!! This really highlights the importance of using the long term charts. If we were in on daily or even weekly it would have been an uninterrupted series of accumulated winning trades. As it stands we are still doing nicely on the 4hour chart at the moment. My only regret is not opening up on GBPCHF as well.

I had a question sent to me;

I saw on your new site, under current results, you're now running this on
usdjpy and usdchf. Please share all the pairs you've had successful
with. I thought it was only being used on gbpjpy and gbpchf.

The pairs ive had success with are the following; nzdjpy, audjpy, usdchf, usdjpy, gbpjpy, gbpchf, eurjpy. Some pairs are better than others, based on ;

• Volatility (high is good)
• Swap paid
• When the grid was opened

I would rate GBPJPY, EURJPY, NZDJPY and GBPCHF as amongst the best. The dollar is taking such a battering at the moment its not even funny, but its starting to look like a good place to grid in from. USDCHF has always been a tricky one for me, usually leaving me with the biggest drawdowns - definitely not a beginners pair.

I will post some charts and information over time to give more substance to this, but not now, as its late, and no one yet has posted on this brand new blog, except myself, so until they do, im laying low.

Labels: GBPJPY