Attack of the Killer Guppy

Many an ocean voyage has been thwarted by mysterious sea creatures of astonishing strength and size. We now know that most of these reports are actually stories about the Killer Guppy. As most traders know, the GBP/JPY is affectionately referred to as the “guppy”. However, as many have experienced, fishing for a good GBP/JPY trade can seem more like trying to harpoon an angry white whale. The volatility associated with this pair can be as much as 500 pips in just a few hours! No wonder so many traders have sunk their accounts in hopes of reeling in the big one.

The Attack of the Killer Guppy is a breakout strategy that uses volatility-dampening indicators to signal a true breakout. Designed for the Euro/London Session, it is a key strategy for the Euro/London Trader. The Killer Guppy can be traded on most Yen crosses and it set up on the 15 minute chart. If you are looking for a clear, high-probability approach to trading the Yen pairs then you will find the Killer Guppy to be one of your favorite strategies to trade. Now, if only Captain Ahab had such a strategy . . . .