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...

Originally posted by redsixspeed

Above 1.4304 puts 1.4359 on the radar ... but a stop is at 1.4320 ...
we'll see

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Dern 6e parked right on that 1.4304 area ..

50D MA causing a problem here ..

6e is flying up on this 834 volume night so far .. the speed bump I see is 1.4323/1.4329 .. IF it makes it there ..

Originally posted by redsixspeed

6e is flying up on this 834 volume night so far .. the speed bump I see is 1.4323/1.4329 .. IF it makes it there ..

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Just took those #s out .. may be even slower now

I'm short 4125 thinking its good for a new low stop sitting at 4100 (thats EurUsd not 6e)

Breaking the uptrendline now

Covered at 4102

Having problems posting a chart but a great addon point was that 4118 area were the market broke down both out of an overlapping 4 bar (5min) and at the same time it was an uptrend breakdown.

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