Red, sorry ,i was already asleep when you posted!.. I haven't had much time to look at it, but the daily chart indicates 1.3826 coming. Cycles are not very clear.... here's a real short term peak (10 min chart).. id be buying anywhere around the lower prc band...

One heck of a move. If only ES would move like this.

Originally posted by Lorn

One heck of a move. If only ES would move like this.

...You should try trading crude oil sometime! Makes this look tame!! LOL

comments out of the ECB they may have to tighten rates....so simple a cave man can do it.

Any way look at the daily ranges shrink before big moves which is where we are

I haven't crunched the numbers but on any given day the euro range's 150pips, thats the equals to 37.5 ES points. The euro usually moves the same ground over and over, unless there's major news

Well, im back to the original full initial move drawing shown on page 9 with its 1.618 at 1.3666! The daily notes page here at mypivots shows the 10 day avg move is 122 pips and todays low(registered last nite) is 1.3542. Do da maff!.. 1.3542 plus .0122= 1.3664! That appears to be what she wants. lol

Originally posted by koolblue

The daily notes page here at mypivots shows the 10 day avg move is 122 pips and todays low(registered last nite) is 1.3542. Do da maff!.. 1.3542 plus .0122= 1.3664! That appears to be what she wants. lol

yup, the simplest stuff works best.

initial move 1.3644 to 1.3620 has its 1.618 at 1.3604.. I think that might be a good long scalp

I am long avg 3628 spot price....15min looks horrifying

buying 1.3604

At $85 billion/month, it cost Bernanke a little over $1 million for each job created last month. Well done, professor. -Tim Knight