Daily GBP/JPY analysis

what are your guys current S and R's?

you pass along something interesting, you will drag me back in.

i think i may close out at about 240.10 if it touches that trendline again, especially since its friday

For what it's worth the dow is dropping like a rock.

you guys still short?

that trend line seems to be a tuff cookie

yes if you are not.. stay away untill it firmly breaks the trend line.

agreed, if it tests it again i think i'll close and be happy for the weekend

What do you mean by "tuff cookie" ?
I'm still short from 50

aus, you da man... thanks for sharing... few people like you out there!

DITTO... just give me my last 10 - 11 pips for the day and I will be happy..

Still short...
Looking forward to hit my tp:240.00

I pray something funny won't happen coz I know this is friday.

how i can join with all these members plz inform me is there is any way my email address is [email protected] [email protected]

What trendline is this? I dont see it.


Is it a EMA?? if so what number?

Ok guys i'm finished for the week

You think this pair will still go down that extent? I mean 239.05?

I am seeing something funny on my chart.

What about you?

whats the TP? going up pretty high

trendlines are trendlines. not EMA's
read back
http://www.forexfactory.com/showpost...ostcount=11878

You mean in the last 12 hrs. lol

Short 242.50, 242.41, 242.31 Closed 241.14 +116 pips
Short 242.12, 242.22 Closed 241.68 +98 pips
Short 241.80 Closed 242.11 -31 pips
Short 242.52 Closed 242.48 +7 pips
Short 242.58, 242.68, 242.90 Closed 242.25, 242.19 +218 pips

slept through the huge drop

Short 241.20 Closed 240.40 +80 pips
Short 240.71 running @ 240.55 +16 pips

net gain +504 pips

If I learn anything here it's to duct tape my itchy finger to the chair and
stop scalping.

live and learn

Dr. D.

Finally I get to post . . . I have been following this thread for a while but never registered - just quitely reading. For the past few days though I have been here constantly - but unable to post though I had question. I registered yesterday while trying to post and just now my posting priviledge were authorised . . . .

Thanks for all your contribution though I feel it was beeter before so many people started complicating this with the "Please add me to Yahoo" thing.

My question -
1) Past few corrections bounced back and changed direction from this trendline - at todays bottom, what is the possibility of that repeating?

2) I am new - but can you guys tell me what was the driver for the big correction back in late Feb/early March - it dropped 1700+ pips in less than 2 tweeks - How severe is present condition compare to Late Feb? What is the probabilty of this turning out to be a correction that severe?

Thanks