Wow, this 4-Point CP in the cable is really starting to look good in here. I think it is tough selling this far down with such a small correction, and everyone really hating the USD here (wait, that might be good for contrarian sentiment reasons...), but it is quite a nice setup. And with their gilt auction going so bad, that might give it at least some additional movement. We'll see.

So far so good with this 4-Point in the cable. The Euro is also moving very nicely off its area, and I'll admit I'm somewhat pleasantly surprised. I discussed this setup with a student over last weekend. The set should be obvious. Hint: it's a big set. The way I have it set up it rolled dead off it. The reason for my surprise is that the sentiment seemed such that the USD was dead in the water, ready to head quickly to zero, and that the Euro was king. The charts implied otherwise to me, but we'll see, as this may be an inital headfake,and then up they go, just like the mini's like to do to suck you in. Regardless, they are making nice moves now off key areas, and that's all I can ask for.

and here is for the cable.
I would love to just trade the currencies,but I am in the wrong timezone.

That's the one.