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MarcinO
Rep: 67
Posts: 5,506
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.

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JI
jimkane
Rep: 3,058
Posts: 33,089
It's in trouble...
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jimkane
Rep: 3,058
Posts: 33,089
Like I was saying...

Originally posted by jimkane

It's in trouble...
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jimkane
Rep: 3,058
Posts: 33,089
I doubt it will do much, and this 88.50 may be it, but I'd think it would want the GZ. It doesn't look like it will even be able to make it there. This is likely just a big stop run. Up it goes now. Maybe not to anywhere, but just up. I sure wish it could at least get to the 1.272 at 83.50...
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jimkane
Rep: 3,058
Posts: 33,089
Entire drop now made right back up. Same old, same old.
RO
roofer
Rep: 3,689
Posts: 3,574
i would include in work i found useful in thinking things thru was ERIC'S chart from last week
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jimkane
Rep: 3,058
Posts: 33,089
I guess that shakeout opens it up for moving to the area I mentioned, either in the overnight or tomorrow, on 'Super Tuesday'? It looks weak, it looks like a sell waiting to happen, and pre-Mar '09 I would bet on that, but nowadays it most likely means they are about to goose it.
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jimkane
Rep: 3,058
Posts: 33,089
Yeah, Eric's chart was awesome. He does some cool time cycle stuff.
RO
roofer
Rep: 3,689
Posts: 3,574
aview from my world... off topic
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RA
rat89
Rep: 0
Posts: 7,015
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jimkane
Rep: 3,058
Posts: 33,089
Yeah, roofer, that looks a lot like our yard. Maybe I'll try to get some pics.
ER
EricD
Rep: 63
Posts: 692
I realized it now ..... Thanks Jim .