Why I Love Trading The GBPJPY (92% Win Rate)

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In Forex trading, not all currency pairs are created equal. At least that has been my experience. And the truth is, trading the GBPJPY currency pair is my favorite.

Sorry to all the other currency pairs reading this.

I love trading the GBPJPY because my strategy has a high win rate, I can capture large market moves and it can be extremely profitable.

Let me show you what I mean…

Trading The GBPJPY With A High Win Rate

First off, I want to tell you a little about my trading approach. My preferred way of trading is to trade ONE currency pair per account. That’s right… just one currency pair per account.

I know this flies in the face of what most people look for in trading. They think they can be more profitable if they trade a strategy that works on as many currency pairs as possible. They think they can be more profitable, and quicker, if they are placing a lot of trades.

But I have found that focusing on currency pairs where the strategy works best has advantages.

For example, by focusing on the best currency pairs, your win rate can be a lot higher.

Here is the win rate trading the GBPJPY currency pair:

That’s right. A 92% win rate trading the GBPJPY.

Note 1: I know there are not a lot of trades so far. And I highly expect the win rate to drop over time. But I still expect to enjoy a win rate over 75% in the long term. And if you know anything about Forex trading… You know that is very good.

Note 2: The profit for this account is in Bitcoin. I’m trading this account with the base currency in Bitcoin to grow my Bitcoin holdings. That way, if Bitcoin’s price continues to increase over time, I’ll have more of it… which means way more money for me.

So, I can place a lot of winning trades trading the GBPJPY. But what about the QUALITY of those trades?

Trading The GBPJPY To
Capture Large Market Moves

I’m a BIG advocate for trading Forex with a high risk to reward rate. It just makes sense. If you make more money on winning trades than you lose on losing trades… you can be profitable with a 50% win rate.

And as I said above, I can trade the GBPJPY with a high win rate. That means the probability of me being profitable over time is extremely high.

Let me show you what I mean…

This was a trade I made as part of Forex Signals Blast Off, my signals service.

- - The trade was placed with a 135 pip stop loss and a final target at 675 pips. This is a risk to reward ratio of 1:5
  - I take partial profits at 1:1 risk to reward. So, at this point I’ve banked some money in my account and the stop loss is beyond breakeven… so NO risk for the remainder of the trade
  - Price continues to go in our favor and hits the final target of +675 pips

The only reason we can trade with such a high risk to reward ratio is because the GBPJPY currency pair produces these large moves in the market.

Sidenote: What makes this trading even more impressive is the fact I only spend minutes a day trading. I trade from the Daily charts and only look at my charts once a day. Plus, I use a trade management tool I created, called The Forex Trading Troll, which automates a lot of the trade management activities.

Anyway, as you can see, not only do we have a high win rate… but the wins can be quite substantial.

And you know what that means, right?

Trading The GBPJPY For High Profits

I think you can start to see why I love trading the GBPJPY currency pair. But if not, this section should drive the point home.

When you put it all together, this is what you get… +62.68% profits.

And I want to break this down a little more, because some people still cannot believe these kinds of profits are possible trading ONE currency pair only minutes a day.

Let’s look at the monthly stats:

I started this account in late 2021, and made +3.57% in December.

And I’ve been rolling along ever since with +11.45%, +4.95%, +14.41%, +5.76% and +10.99%.

That is a monthly average of +8.85%.

So, if you are a day trader spending every waking moment battling with the market and getting less than 8% a month returns… I really feel sorry for you. There is an easier way.

I Love Trading The GBPJPY

I think you can see why I love trading the GBPJPY. With very little time and effort on my part, I can trade with a high win rate and catch big moves… which turns out to be VERY profitable.

PMTW Full Access Pass subscribers can follow these same trades as well in only minutes a day.

But to make things even easier, I’ve set up PMTW Trade Copy. Now investors can hook their trading accounts up to mine and get all the trading done on autopilot.

PMTW Trade Copy

100% Hands Free, Set-And Forget Copy Trading Directly From My Accounts To Yours.

For those that don’t have the time or desire to place and manage trades manually… now you can copy my trades on autopilot.

LEARN MORE

At the very least, I hope I’ve opened your eyes to the fact that profitable Forex trading does not have to be complicated, difficult and time consuming. Just trading the GBPJPY currency pair can be extremely rewarding.

See everything I’m doing to accumulate wealth faster and secure my financial future here: Put Money To Work

To Your Wealth,
Edward Lomax

Disclaimer: Ever since you got your first coin and could decide what to do with it, you became your own money manager. I am not your financial advisor, but you can learn from my example and do your own research. Some posts may contain affiliate links, where at no cost to you, I may receive a small compensation.