Longer term areas for Yen:
and Canadian Dollar:
JI
jimkane
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Okay, let's see if this swoooooooooooooooooooshes, or just sweeps 'em and snaps up hard.
JI
jimkane
Rep: 3,058
Posts: 33,089
Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
JI
jimkane
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What a waste of time today has been. But, watching it when it's like watching paint dry or grass grow is part of the knowledge base, so although in the small picture most walk away, I think part of why I have some of the skills I have is because I watch every tick when others would walk away. I think long-term, in terms of skill development. Just my two cents.
JI
jimkane
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Remember, if my info is correct, we have an early close tomorrow and closed Friday for stocks, and for the ES, an early close tomorrow, and an early close Friday. Most traders are probably done today, but I'll be watching as many ticks as I can cram in. Especially after a narrow range day like today, lots of things can happen when the market is 'thin'.
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jimkane
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Also, my info, if correct, shows the big jobs report moved up to tomorrow due to the holiday. That could get it moving, but unfortunately, it may blow all its energy, and that's that...
JI
jimkane
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From the old Outer Limits TV show, now adapted by the Fed/Oligarchs for the market and 'the system':

There is nothing wrong with your television set. Do not attempt to adjust the picture. We are controlling transmission. If we wish to make it louder, we will bring up the volume. If we wish to make it softer, we will tune it to a whisper. We will control the horizontal. We will control the vertical. We can roll the image, make it flutter. We can change the focus to a soft blur or sharpen it to crystal clarity. For the next hour [indefinite period], sit quietly and we will control all that you see and hear. We repeat: there is nothing wrong with your television set. You are about to participate in a great adventure. You are about to experience the awe and mystery which reaches from the inner mind to – The Outer Limits.
Source: http://slopeofhope.com/2014/07/churning-the-headlines.html

There is nothing wrong with your television set. Do not attempt to adjust the picture. We are controlling transmission. If we wish to make it louder, we will bring up the volume. If we wish to make it softer, we will tune it to a whisper. We will control the horizontal. We will control the vertical. We can roll the image, make it flutter. We can change the focus to a soft blur or sharpen it to crystal clarity. For the next hour [indefinite period], sit quietly and we will control all that you see and hear. We repeat: there is nothing wrong with your television set. You are about to participate in a great adventure. You are about to experience the awe and mystery which reaches from the inner mind to – The Outer Limits.
Source: http://slopeofhope.com/2014/07/churning-the-headlines.html

