Well — It sure looks to be going downward on the 60 minute, I am in long :|. It certainly is going down, its a matter of how far it will go DOWN. I hope it doesn't have to go down to 195 area to clear up some old debts. I'd sure think getting ...

GBPJPY scalpers

Does this look the the RSi you use Malcolmb? — image This is what I use and think its whatyou are using. Elijah

GBPJPY scalpers

Thanks Scotty — I bailed out with 125 pips on those remaining longs @ 199.41. But I am still down 9 LARGE (900 pips) on the day. Thanks for the insight. I am still going to try to get long on the dips. Give me some time to review those short ...

GBPJPY scalpers

I think — I think when you buy selected entry price the spread is ALREADY included. Because generally the broker at market is selling you GBP/JPY at 10 pips above the real price. So I think if your MA is 197.20 on the 50 SMA on the 15M chart ...

GBPJPY scalpers

HMM All these full of sh*t feds talking now — Did someone say something and now its surging North? I never listen to those fools. I can never understand their secret codes. Elijah

GBPJPY scalpers

HEY Scotty Good Day! — What do you think about this mess of a market we have today? It sure through me for a loop with that 150pip+ run down out of the blue this morning from 514 to 614AM EDT or so. I was thinking long at the bottom 197.50. I ...

GBPJPY scalpers

Support at 197.50 — I am holding longs. From the current level and it is looking like we are up off the bottom. Those new housing sales over 600K really helped. I'm long looking for TP targets. Elijah

GBPJPY scalpers

Crazy markets early this morning — Was looking pretty normal around 515EDT then things went crazy. I think the new S/T pivot is like 198.60-65. I am long from the current levels. Loved that new low at 198.09 at 614AM. I should have got some ...

GBPJPY scalpers

Really? Hunting Roflmao...hope you don't have to hunt for food — I am glad The above statement is untrue. I never wait for a trade for days. I do hundreds of RT trades per week. One should sure be careful and selective for certain. And any ...

GBPJPY scalpers

Last thing...the TIME NOW is 3:00 PM EDT — When I post here eveything seems to be 1 Hour behind what the real time is.

GBPJPY scalpers

NOW may be the time to go short as she is heading SOUTH! — I never try to justify them, I more rationalize them.

GBPJPY scalpers

Just some contructive Critisism — One thing i want to point out that I learned not that long ago. If you were sure the markets were going down weather DJ or GJ which usually seems to travel in the same direction, what caused you to think that? ...

GBPJPY scalpers

Cycles...Fibonacci was my dad's Great GREAT Grandfather! — Scotty was known to have said: "I tried to pm you for this, but which 3 year cycles completed today? we are stuck in range right now, no new highs or lows? What cycles are you talking ...

GBPJPY scalpers

HAH! — You think smalls are funny? I am conservative thing is 2000 small GJ pips is still 2000 pips at 99 cents/pip per week. What IS funny 1. I have no Job and have not had one for years 2. I do what I want with ALL my time (no JOB) 3. ...

GBPJPY scalpers

OK OK — I agree with you wholeheartedly. But it goes without saying that the GJ is like an elevator always going up and down and up and down. I think there were some 3 year cycles that completed today. I advocate always setting a stop loss ...

GBPJPY scalpers

You playing Standard lots or is that Minilots?? — 100 standard lots? crap if I saved up my money instead of spending it at 100 lots I'd be a multimillionaire before the year is over. I can only dream of lots like that, Trouble is I spend $ ...

GBPJPY scalpers

Another up cycle? — She is not doing what you told her! She is still screaming north over here! ARG Elijah P.S. anyone getting the feeling she may be deadset on heading North before South?

GBPJPY scalpers

I don't mind at all but I am a small time trader — I think Scotty would agree with me in that he doesn't use stop losses because as he says they are a waste of money. But I bet he also doesn't use them BECAUSE he doesn't want to lose money. ...

GBPJPY scalpers

Tomorrow eh?? — In reality though you know that ATM it is not tomorrow in Australia for real, we just say that it is tomorrow. It is actually Exactly the same time everywhere on Malchut.

GBPJPY scalpers

Better check your GJ 15 minute charts NOW — Looks like I bailed too soon and 201.25 and 202 are still on the table as viable targets this afternoon. I am going outside to get some fresh air and I am NOT taking the laptop with me. Elijah P.S. ...

GBPJPY scalpers