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Duane
Rep: 100
Posts: 1,095
WoW just got weaned myself off of one of those Krazy forex forums. I feel a little dirty. Gotta get back to basics. Whew!!



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JI
jimkane
Rep: 3,058
Posts: 33,089
Nice work, Duane. Did everyone see my workup on the Euro in the monthly commentary? Pretty simplified for in here, but worth a look anyway, because the lines came from natural sets this time.
DU
Duane
Rep: 100
Posts: 1,095
Yeah nice work Jim. Great sets. Your top down approach is something that I really admire. I keep forgetting one of your favorite sayings...." without context your have nothing...."
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, so I'm supposed to be away from everything but the market...

Notice the Euro did the 3D I mentioned in the other section yesterday, and it did it with a mini 3D in the third leg. Not only that, that sweet ABCD could be an ABCD in the BC leg of a bigger bearish ABCD that it has hit with that 3D. It's also at some key trend continuation Fibs. But, the Euro can't possibly go down here, right? I mean, time for the DX to resume its endless downslide and the Euro to march right back up, because talk about austerity surely erases all the real problems Europe is facing, right? Too funny, all these guys...
JI
jimkane
Rep: 3,058
Posts: 33,089
Posted by ixon, moved by Jim to this topic:

EURUSD 1D ABDC / BAT
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DU
Duane
Rep: 100
Posts: 1,095
Beautiful chart Ixon. I have not seen your charts before, but I would enjoy seeing a few more. You clearly get it.
JA
jarek
Rep: 94
Posts: 3,474
Welcome to the forum ixon! Great chart - Poland rulez!
IX
ixon
Rep: 0
Posts: 25
Thank You Duane, I'm new in here, and learning how to trade on forex. I will post some more charts if I see something good.
IX
ixon
Rep: 0
Posts: 25
Thank You Jarek, Polska-
DU
Duane
Rep: 100
Posts: 1,095
EURUSD approaching target. Still like that chart by ixon that has the time clusters for today....amazing.




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JI
jimkane
Rep: 3,058
Posts: 33,089
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