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    MarcinO
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    (Edited )
    Euro stopped at a very interesting area, showing some potential for reversal: bullish ABCD (H4) zone at the same price level as grouping derived from bearish ABCD on D1, at the top of B point and daily MA(50).

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    RA
    rat89
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    Posts: 7,015
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    look out...!

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    RA
    rat89
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    DU
    Duane
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    Posts: 1,095
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    Originally posted by jimkane

    Okay, Duane wanted a chart, so here's one. Unfortunately, unlike Marcin's and rat's excellent charts, this one won't demonstrate any technique or really teach you anything. I wanted to show the line I had for this AM, put on the chart Thursday and 'reconfirmed' Friday (I actually had it Wednesday AM after the European open...). This is based on a new technique that I have shown the student mentioned in the last post from last week. I just wanted to show what this added for me for today. Sorry I'm not showing how I did this, but something like this is far too proprietary for a forum. I just thought I'd show why I am sometimes so amazed at the order in the market. I personally didn't really even expect it to respect this.



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    ES H3 022513-1-min chart



    Chart created on QCharts, courtesy eSignal



    Thanks for the chart Jim.... I think.
    JI
    jimkane
    Rep: 3,058
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    Everyone please read this. I know it's scary...

    http://www.zerohedge.com/news/2013-02-25/guest-post-waking-dreams-end-unpleasantly
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    MarcinO
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    MA
    MarcinO
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    DU
    Duane
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    Originally posted by jimkane

    Everyone please read this. I know it's scary...

    http://www.zerohedge.com/news/2013-02-25/guest-post-waking-dreams-end-unpleasantly


    MA
    MarcinO
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    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    Euro is struggling with 1.3122 resistance

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    MA
    MarcinO
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    JI
    jimkane
    Rep: 3,058
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    (Edited )
    Read the links in this (and scroll up and read the article if you want). It's a 'glitch' in human nature that I simply don't understand (and I've been studying it intensively for years) why there isn't total panic, riots in the streets, and so on, like in many other countries. We will not do anything, as a populace, it seems, until we have a total collapse, then we'll be left with ruins and rubbish, and we'll all be saying 'What happened? No one could have seen this coming... What bad luck this is.'

    http://www.zerohedge.com/contributed/2013-03-02/cola-changes-pro-and-con#comment-3293759