Awesome thank you DRT

The View DownRiver

A suggestion only - Perhaps a PM to DRT to thank him for his analysis. I already have PM'd him to thank him for going above and beyond since his interest does not involve trading this specific pair.

Daily GBP/JPY analysis

There has been a steady creep up since the candle hit the daily support line at 226.61. I'm currently in a long. However, market is choppy so far.

Daily GBP/JPY analysis

Question — First of all I wish to thank you again for going above and beyond to post the Pound/Yen crosspair. May I request you continue? My question is probably elementary, however, I would like to make sure I understand your analysis, a ...

The View DownRiver

Movement — Some movement to the upside. Is anyone looking at DRT's chart for targets?

Daily GBP/JPY analysis

I think since I have only been trading this monster a couple of weeks, I'm not the best qualified to answer that question although I'd like to make a suggestion. I think what it comes down to - did you trade another currency before? Were you making ...

Daily GBP/JPY analysis

What's Next — DRT, Please go over briefly where we are and where our target should be. I would like to see if I'm on track.

Daily GBP/JPY analysis

I think you'll have a good deal of folks looking for your excellent analysis. Thanks for adding this pair.

Daily GBP/JPY analysis

Don't use this as a trade recommendation. I think we are retracing on the most recent movement up - we went to the 38.2% and I am looking to see if we will bounce here or go to the 50% fibo. I could be wrong, I think we might head up soon and I'm ...

Daily GBP/JPY analysis

Thanks, interesting, So you use the above combined with 100 pip s/l?

Daily GBP/JPY analysis

Trends — Ok, being fairly new to this pair, I have a question. For those of you who bank over 100+ pips, other than using a 100 pip s/l what are your indicators to keep you in those trades?

Daily GBP/JPY analysis

Hazz, I have the ability for my desktop charts to plot the support and resistance (Daily, Weekly and Monthly) do you not have that option?

Daily GBP/JPY analysis

or perhaps at the 50% fibo mark?

Daily GBP/JPY analysis

Venture a guess other than the standard answer of fibo retracements?

Daily GBP/JPY analysis

Actually, I'm thinking about the retracement once this reaches the 228.50+ area.

Daily GBP/JPY analysis

Think we're heading down, time will tell. 5m ch Bounced off a tl to the upside now testing a tl to the downside. 30 min chart showing downtrend. So now it bounced off the bottom tl - here we go again. and we're testing the top..... and heading to ...

Daily GBP/JPY analysis

Question - for you folks who normally trade this pair at this hour - is it generally this slow in moving?

Daily GBP/JPY analysis

I'm really not sure, the lack of movement has me concerned.

Daily GBP/JPY analysis

Long....

Daily GBP/JPY analysis

Long, hard to trust this move up....

Daily GBP/JPY analysis