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

I like your attitude M. - they don't pretend anything, they're not masking anything, there are just 'no holes' at all :-)

exactly. everything is perfect. even the collateral damage...

it'll be interesting to see if the smaller bearish 4pt on cable can take out the bigger 4pt.

Originally posted by mreiserer

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...

Wow, I am so zoned in on intra day I did not see it. Thanks for the perspective!!

Duane

Everybody pay attention to DX chart and look at the ABCD in the making...

Hey Jim, I am sure that you have noticed that certain issues react differently at different levels, well Cable sure does love 1.128 and .665. I could not trade cable without these numbers. Its like bees to honey the way that cable is attracted to them. Thanks

Yes, it's really cool how some things like particular numbers, numbers no one else sees. I have seen a lot of action with the .564 under certain conditions with certain issues, and who uses that but us? I noticed that, for a long time, AAPL just loved the .447, and still does at times. I'm not the only one using the .447 (I am the only one using it the way I do, though), but it sure isn't commonly used, and not enough in AAPL at that time for computers to be hitting it like that, in my opinion. Ah, the numbers, when used in 'context' with a fully comprehensive 'Trading Plan'...

What if this is a wave 3 of 3?

Originally posted by Duane

What if this is a wave 3 of 3?

Then it goes down a lot more...

Talk about Klassic Kane, did anyone catch either of those ABCD's in the Aussie or Loonie? I wanted to post these as they set up, but it seemed like no one was reading the forum or posting anymore, no one even started a topic for the week, so I didn't do it. Like I said, many commodities and currencies set up simultaneously.

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