I will start this discussion topic with EURUSD chart.
On Friday it reversed six pips below the zone. I assume it may hold for a while and give some reaction but then it will be crashed.
Just my opinion.

Now, to prolong the torture, because the action so far isn't enough, the high there is 83.25, and it 'sees' it. So, now those that had their stops just above this area (who would have their stop in the grouping?) are now 'hopeful' again. Being teased. Let's play the same game again. Where will it go back to? What will they do there? Ad nauseum (with emphasis on that nauseam).

Originally posted by jimkane

Now, I see no reason why this won't rise until close, on this nice, steady manipulation track it's on right now. But, if they were going to turn it (just too funny, Jim, you should take it on the road, be a stand up...) I'm watching 81.50-83.25.

What a nasty tease.

Huh? Let me repeat that. Huh???

.300 off the LOD. Watch here, and if it goes down more, the KZ. Here is a pretty good spot for them to gun it back up, though.

BTW, AMZN exploded to another new all-time high again today. It's hot!

Same old game. Different issues, different timeframes, different days. Same old game...

Any questions?

Originally posted by jimkane

.300 off the LOD. Watch here, and if it goes down more, the KZ. Here is a pretty good spot for them to gun it back up, though.

Now I wouldn't take it too seriously, but I'd watch this 82.25 here.

It is rather funny, though, huh?

I realized it now ..... Thanks Jim .