Not a problem... Thank you for your kind words as well ;)

Well , you may be right .it is a mess. thanks for your insight.

How bout I give you a better view of GBPJPY from a risk standpoint.... I can tell you from an elliott wave stand point that pair has potential for a large move in either direction right now, but the longer term larger move is down and will eventually make a new multi-year low below 128.33 in a large degree wave 5 ----- From a risk standpoint, this pair is not a good pair to be trading right now... It could literally do anything, Elliott Wave doesn't provide a perfect road map all the time, it's only one tool we have as traders. If you want good risk to reward set-ups, in my opinion the two best pairs to be trading right now are USDJPY to the short side, and I am also looking for a major bearish reversal to form in USDCHF in coming months... Other than that, as far as I'm concerned visible opportunites with safety are limited at the moment... Trades will pop up though.. It just takes time and the patience to wait for them... I'm usually very picky where I place my money.. I like to guarantee my profits as best I can before I pull the trigger on any big positions.. This forex market is a mess right now.. You take your chances trading any currency at the moment... Directions are skewed heavily...

Hi Brad,

I've been following this thread for almost a year.and your analytical judgment skills are impressive.wonder if you could give me an analytic judgment about GJ using Elliott wave.

Thank you .

Jude