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

Tell me again that adjusted sets don't work....

Potential Kane Flat ABCD

Nice setup, Duane. I've been looking over the Euro and cable, and I think they are both likely to make bigger moves up here. There are two spots overhead, the next two higher degrees up basically, and I suspect they will shoot for one of those. Don't let what I say affect your trading, I'm just mentioning that I think the bigger areas I have right in here are going to push this up for a bit. If they head down, they may flush, and that Euro may start towards a much bigger ABCD that completes around 1.00-1.10 (1.00 only if it takes quite awhile). Just some thoughts.

to me that's not a flat anymore. I agree with Jim, but Duane has a golden hand with those currencies :)

" If they head down, they may flush, and that Euro may start towards a much bigger ABCD that completes around 1.00-1.10 "

Nice work, Duane. This one ignored the 'context' assessment I posted earlier and those fundamentals just overwhelmed it (as well as the other currencies), forcing the expected next leg down without any intervening push up first to trap many more people. That's why I posted that flush note, as an alternative scenario. I'm quite surprised it unfolded this way, based on probabilities, but probabilities are just that, and any scenario is possible at any time. Great job.

Possible ABCD with abcd in BC leg on Euro

Yep, that's the one I mentioned in the trading discussion area.

Possible targets. I like @ 1.128 Nice tight clusters.

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