Aussie and Cable may need one more push to the downside.
It seems that like ES, FX didn't drop to key area on Friday.

H&S bottom on the 3-min/1-min? Maybe. But that's a tough one to buy.

You and me both!

Originally posted by MarcinO

I have 11 lines at 1900 and really like to trade off them today!

Watch closely for a pop here. If they are going up with it, I'd think that right there was the point.

Highest probability scenario, I think, is chop for the last hour. But if one was still holding part of the short, or reentered on the pop and want to hold through chop in case, I can totally see that.

Okay, watch this for that pop I mentioned two posts ago...

Time to chop up for awhile now?

Pop time, I'd sure think.

I know I keep saying that, so is it worth anything? Surely not much, I'm just pointing out that they will try to get as many new shorts in as they can, then they'll pop it and kill them, get new longs in, drop it and kill them etc., when they play the chop game in the last 1-2 hours after a big move.

Now we have the slightly higher low 'retest', so it's primed for a pop. Get ready for it.

Pretty straightforward...

Wow, it's already selling hard off the area. I am really loving this, but a bit surprised they'd go into the futures close that way. Awesome.