What usually happens after such a gap-drop? Does price reverse and continue up or will it retrace then reverse downward even more?

USD/JPY Discussion

Warren, as always your words command attention. Look forward to all and any imput you provide.

Knowledge is Power

Scottyb, I've had you under favorites for a while now, looks like I'm going to have to remove it... Thought your insight would have more activity than what has been presented... Just a word of encouragement.

Mission Discovery: Think Outside The FX Box

Well... I know where to go when I don't need answers!!!! FF

accu-charts

Warren, good post... The rich do not get "richer" because they are smarter... They get rich because the "dumb get dumber"..... Your post hit home in so many ways concerning our society.... Complacent, mindlessness with an eccentric apathetic need ...

USD/JPY Discussion

Piitb, where you at..... We need some piitb attitude around here...

Scalping the pip out of it

Nice... My next question was going to be what time frame? I assume it's the 5 to 30 min.

Scalping the pip out of it

Walrus, do you trade this naked? No indicators. I thoroughly enjoy piitb's style of trading, but like I myself trade as cowboy as possible. If I could incorporate the 2 strategies together then I would have more time to play golf rather than write ...

Scalping the pip out of it

Piitb, I like your fib direction, I like even more the 50 point move to put e/j in overbought territory... I now think it's heading up but predicting e/j is like predicting a 5 day wheather forcast, each day closer to the target creates more room ...

Scalping the pip out of it

Piitb, had to leave for 10 minutes, just saw a short on e/j, took it, got a few pips, now looking at your charts..

Scalping the pip out of it

Hello Piitb, you might remember me from post 196, 199. I was scalping a short on e/j, and guess what happened... Literally straight up.. Well I thought I didn't have anything to offer this thread but I have had a change of mind. It's called "WHAT ...

Scalping the pip out of it

I, I, captain.... Learning a great deal from your thread.....

Scalping the pip out of it

The short answer is YES!!!

Scalping the pip out of it

Pittb, I am also short, just not as good a position as you. Are you looking for a scalp only? Or maybe a longer move... For what it worth, damn good thread!!

Scalping the pip out of it

Pearsonfx, although a day later, the direction of g/j still performed closely as you called it... A little patience would have worked well here. What was your analysis in making a short call on g/j yesterday? The reason I ask is because I still find ...

PearsonFX Trades

ScottyB, (jimmy), I had no idea I was conversing with a young gun. I'm a 45 year old father of 4. Your trading and mission are quite honorable, keep up the good fight. I look foward, with anticipation, in seeing your other strategies. Michael

Mission Discovery: Think Outside The FX Box

Pearson, where are you at dewd?

PearsonFX Trades

Scotty, I see you have already left the thread, but upon your return please feel free to display any chart examples that would aid in your fan adjustment of g/j.... mike

Mission Discovery: Think Outside The FX Box

O.K. Scotty, at 5:20 you made the call to short g/j to 204.30 based on japanese fans. At 7:15 g/j hit 204.24. Impressive real-time call...

Mission Discovery: Think Outside The FX Box