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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, boys (it's 'boys' until we get some of the girls to actually participate), we don't need to beat that 17 pages, but let's get some participation.
JI
jimkane
Rep: 3,058
Posts: 33,089
quote:
Originally posted by jimkane

Okay, lots of things potentially setting up soon. Get ready.

Right off that TD. Did you see that? But, I still suspect that thrust may be it, as it may need more before it could go lower. We'll see. All I can do is just see if it has more to give. Awesome trigger it had, too.
JI
jimkane
Rep: 3,058
Posts: 33,089
Euro dropping like a rock on the tick chart.
JI
jimkane
Rep: 3,058
Posts: 33,089
I kind of have a time factor showing this may sell until 15:00, but to do so it would have to grind, take out that 880 stop area (a little lower for GLOBEX), not climax itself on that, and keep grinding. Somehow I don't see it. But, just something I'm keeping an eye on as I see how this plays out. I still think it is most likely to ramp up from here. But it seems unlikely they'd get this close without a stop sweep, so maybe they sweep 'em, and then rush it up and the time factor doesn't come into play. But, there is a time factor close to here, too, so maybe that's what it wants. We'll see. Point is, I'm short side as this hits into a potential area, and I'll see what it does and make some decisions.
JI
jimkane
Rep: 3,058
Posts: 33,089
It goes without saying I'll stay short side as long as it keeps going down, though.
JI
jimkane
Rep: 3,058
Posts: 33,089
Curious the GLOBEX previous swing low is also the IB 100% ext to the tick, by my data, 878.75. That is a real line in the sand.
JI
jimkane
Rep: 3,058
Posts: 33,089
Look at that 3D into the area...
TO
tomo
Rep: 110
Posts: 238
Yes I was planning to write about 3D. Do you see anything here to go long except 3D?
JI
jimkane
Rep: 3,058
Posts: 33,089
The main thing I see for long side is the DB 'retest' of the key area from yesterday. But it is now outside the TL, and shouldn't need a full 'retest'. But this is the type of area they love to come in for strong on a Friday afterenoon, and do one of those MRRD pops, so I am being cautious. If they come in, I'll see if it gives me anything. Otherwise I'll let it grind and see if they can break it down. A run up from here seems almost inevitable, though, based on how they have been acting lately. We'll see, as the tide may have turned on the bull.
JI
jimkane
Rep: 3,058
Posts: 33,089
Euro still dropping.
MA
Mats
Rep: 100
Posts: 262
I have a feeling that they want to take this up soon. The last
swings down has no Ext.ret over 2 so the sets all have an upsloping
angle thats my clue in this area.

Mats
AL
albert
Rep: 99
Posts: 3,094
This forum is a great thing. I would hate to see it fall by the wayside because of a lack of people "stepping up."

Please post some stuff, people.

Al Kamego