Japan retail sale and CPI are both disappointed. - just got this.

Daily GBP/JPY analysis

What is the number you set in the momentum indicator?

Daily GBP/JPY analysis

So, we actually is top out. Right? I was going to close my short.

Daily GBP/JPY analysis

So, how do we know the retracement is over?

Daily GBP/JPY analysis

Ok, daily chart retracement if retraced 38.2% is at 245, how come you said 246+? Maybe you mean 50% retracement?

Daily GBP/JPY analysis

Has the big retracement confirmed, yet?

Daily GBP/JPY analysis

Hi Bluerose, Nice hear you back. Did you see any sign of market reversal or not? I still have some short positions opened. This retracement is huge, start to worry about it. Anyone else has different openion?

Daily GBP/JPY analysis

When are you going to back?

Daily GBP/JPY analysis

We have just arrived at 23.6% of fib from 221-251, that is about 243.90

Daily GBP/JPY analysis

My trend number is still in a downtrend, but the trend just kept on going up. Don't know why ??????

Daily GBP/JPY analysis

That's a good idea.

Daily GBP/JPY analysis

I can do that, if I do get some sleep by that hour.

Daily GBP/JPY analysis

What can it be, if a hammer? Like to hear.

Daily GBP/JPY analysis

Nice.

Daily GBP/JPY analysis

One more round to go down, again?

Daily GBP/JPY analysis

It drops big time!

Daily GBP/JPY analysis

Auslanco, Can you share how did you find out the retracement? Not to challange, just like to learn. Thanks. Trader8686

Daily GBP/JPY analysis

That's what I see, at least no higher.

Daily GBP/JPY analysis

Auslanco, Don't see a successful retracement here. 243.81. Last 1h candle closed below 244.20.

Daily GBP/JPY analysis

Auslanco, Since you are not showed up Friday, and I am planning to still short at the top of the retracement, 245.3oish. So, need to find out by you mean, "you are right.. retracement has started and it wont go south anymore.." Did you mean ...

Daily GBP/JPY analysis