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usdjpy's mount fuji
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[QUOTE="hayseed, post: 32173, member: 5898"] if we consider 78.00 as my entry and 148.00 my exit, that gives 7000 pips to work with...... makes me wonder what a 1000$ account would turn into.... admit upfront the mountainous plan seems far fetched, however in 95 the usdjpy started that very same trek, 78 to 148...... took about 3 years to complete so it's clearly not without precedence...... what's left is to decide how to best place the orders..... grids come to mind, but my fear is they might be somewhat inefficient for this..... perhaps simple entrys on extreme weakness and partial exits on extreme strength.... only to re-enter if possible on the retrace...... this backing and filling should allow for dense order placement...... possibly as many as 100 orders per thousand pips..... of course given the 1k inital balance the lot size must be small at first and risk kept low..... this will be cautious long trades only..... there is no point in denying, 74 is a heck of a lot closer than 148...... will hammer out the details and post later, along with trades......h [/QUOTE]
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