WoW just got weaned myself off of one of those Krazy forex forums. I feel a little dirty. Gotta get back to basics. Whew!!

Hmmm interesting. I notice that it happens on and off. For instance this time I opened the chart and it was fine

Nice bounce right off your area, M. Keeping an eye on this .447 and key line area right in here for clues.

AB=CD with ABCD in the BC Leg. This pair strongly bounce off the 1.128 ext

Yup and look at the amazing intersection of lines.
But I am weary with all the Dubai mess and knowing that the Brits have significant investments over there. See how the cable tanked and the Euro held steady?

Watching

Still watching....

I think that 4pt at the 886 might be the low we see for the year. They are so bullish it's not even funny anymore. Dow at all time new highs this year even if it makes me sick I just dont see it any other way...

Yeah, I was going to mention when D posted this I think the 4PT may be it. I, too, think all-time highs are on the way. I think it was Chile, they are already at new all-time highs, and most of Asia isn't far behind. It'll be pretty cool to be up like 300% in under two years.

UK is probably in much bigger hole than US right now. At some point this chart will have to reflect this.

Jarek, nobody is in a hole. Haven't you noticed :)

Since this is FX related, I guess I'll post it here. Did everyone see the 'flash crash' in cable this AM at 2:56? Look on a 1-min. That's spooky, it is even starting to happen in FX now. Notice the rebound right afterwords, kind of the mark of the 'flash crash'. Here's an article on it:

http://www.zerohedge.com/article/dutch-bank-algo-blamed-gbp-flash-crash