New Thread — Hey Scotty, Good to see you starting a new thread. I always enjoy your insight and wisdom. I am thinking G/J has at least one more rum up before the possible hard fall. Looking forward to checking in now and then.

Out Of The Ether - Welcome to Scotty B Land

Thanks —

Auslanco - GBP/JPY and GBP/USD (newstrade)

205.35 — Hey M Still riding this mornings call. Should have closed on dip. May still head on dn??

Auslanco - GBP/JPY and GBP/USD (newstrade)

Nice — Good call Malcomb. I took a long @ 202.58 and closed @ 202.95. I decided to sell just under the 203 R. Better safe than greedy.

Auslanco - GBP/JPY and GBP/USD (newstrade)

News/Gov — SO,,, all that being said, will we see 199.12 retrace after the market opens. The spike above 199.75 was due to increase retail sales that are actually false? eh??

GBPJPY scalpers

News — The 0.2% includes auto and gas sales. If you remove the auto and fuel the numbers are flat. Higher fuel cost makes the overall retails sales seem up. Auto was actually @ 0.1%

GBPJPY scalpers

Sales — Up 2%??? So much for the news.lol

GBPJPY scalpers

Chart — I was confused why Malcomb was thinking long @ 199.65.(per his post that he later explained) I was thinking short around 199. 65 if the 1hr candle did not breach the 199.75. The gj is still working on that 12 hrs later. If the retail ...

GBPJPY scalpers

News — I agree. Looks like the retail sales will be down. The news services are stating that even the high end stores are not selling merchandise. Not so good when the folks with the big bucks are on the sidelines too. This could be ...

GBPJPY scalpers

Chart — Attached chart as a word doc. may not work but the point is the same. 199.75 is app pivot pt.

GBPJPY scalpers

Chart — Not challenging you Malcom. I attempted to post my chart and keep getting an error due to the size. I resized in paint but something is not working. I did compare my chart to yours and your chart also denoted R @199.72 if I am reading ...

GBPJPY scalpers

Entry limit?? — I am confused. If S is @ 199.16 and R @ 199.75 ( per my chart/fib line, Why enter @ 199.65 long?? What am I missing. Im sure it is something.

GBPJPY scalpers

G-7 — The supposed news is that the US and Europe want to leave forex alone for the time being and will not address the issue. But, the news is also that the BOJ will want to address the weak dollar as their cause for inflation and something ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

YMM — Malcom, Just checking the YMM chart. ( if I am getting a good read today) Looks like the YM sank almost anhour ahead of the GE news and G/J plunge. Another indicator of the usefulness of the YM? You trading YM this morning?

GBPJPY scalpers

Thanks — Thanks!!!

GBPJPY scalpers

Room — Hey M, Would like to give your room a spin. Any room left?

GBPJPY scalpers

Fib Fan — Scotty, enjoyed the info. I set a fib fan on the g/j last night ( but didn't enter) and you were right on the money. I actually chose 2 different candles than you had on the thread chart but the outcome was the same. Do you know if ...

Mission Discovery: Think Outside The FX Box

News — -1.9%. Twice as bad as expected.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Home sales — Pending home sales -1.9 % twice as bad as expected. G/J doesn't seem to care? Old news? Where now? North or South?

GBPJPY scalpers

YM — OK, this is weird. Refresh of YM chart denotes up last 15 minutes.?? Laptop locked up twice this morning. Also lost my fib lines on 3 pairs? Must be Monday.

GBPJPY scalpers