Okay, no one has started the new topic, so here it is. Silver ready to hit 48, gold at another new all-time high, ES futures are up and rising, the Aussie is looking strong, CL another new high for the move, and working on that contract high. Same old, same old. 'Risk on'.

Oh, and the price I got stopped out at was 0.20 higher from my stop limit which just about never happens with Tradestation -- fill limit in my favor. Frequently happens in other direction.

Originally posted by tx_ches

Yea, I had just moved my stop on approach to upper channel line and got hit on that sharp move down on 1 minute. Couldn't believe it.

Nice play, tx.

Now, was that a day, or what? That was insane. So, roofer, you think that was a final climax? Big climax on the Fed BS? Somehow, I don't see it. I'd love it to be so, but I just can't see it. Risk is now going to go off, with the Fed greenlighting it? It's so curious, all the currencies exploding, the DX taking out that key low, PM's exploding, with gold just smokin' the highs, and so on. Truly climax looking action, but fundamentally, there simply is no reason for the market to end the bull 'risk on' here. Maybe a checkback, and then right back up again? I don't know. I'll just see what it does, and take the setups as they come. Thoughts?

CLF - pattern? first chart.
fibs? second chart.
lines? third chart. - no lines yet in area of interest.

So, silver went to 48.78, then promptly sold off about a buck. No surprise it went right to the area I was expecting, or that it sold off that area. But, will it do any more before another big leg up? I'm looking at that Aussie, which is just on fire, up at yet another new record here, 1.0845. I know 1.09 area was my main, extended final possible expectation area for this play off the 96 area, but I didn't really think the odds were high it would make it all the way there. No less, like a rocket. Will 1.09 even stop it? Honestly, I can't believe the things I'm seeing...

Originally posted by jimkane

I'm thinking silver wants to get to 48.80 area as fast as possible.

Okay, there's another blast off in the ES futures, and another new high for the entire 'bulls#%&' market. Tack on another 4.75 so far tonight. I guess all that run up isn't enough. There is just no way I can think short on anything right now. No way.

Aussie 1.0886!!! 1.09 area hit. Unreal. I can't tell you how unreal I find this... Maybe one of my best reads ever, but I'm flabbergasted. Dumbfounded...

And there's another burst up in gold, 1534.00 now. Seems like 2000 gold is right around the corner...

great reads Jim....Everyone is looking one way. Usually when you make a comment like "Gold 2000" it makes me feel to be on guard. As there is always something deeper behind the words.

Originally posted by jimkane

Aussie 1.0886!!!...

You need to be careful here with such obvious Fib number "hidden" in the highest tick

Originally posted by jarek

10th bullish ABCD in the recent uptrend in the making?...
This must be really boring for all long on EUR...

Almost fully completed now: