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Duane
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Posts: 1,095
Since Jim is likely to have trouble typing after having landscaped cement all weekend, I will get things started.
DU
Duane
Rep: 100
Posts: 1,095
EURUSD Should bottom soon.


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eurusd primary analysis aug 24 1440 pm 1 week png
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jimkane
Rep: 3,058
Posts: 33,089
Duane! Thanks for starting this. Actually, we've been at it for over six months straight. It's a seriously epic nightmare. I passed 'fun' a long time ago, and surely didn't collect $200...

Originally posted by Duane

Since Jim is likely to have trouble typing after having landscaped cement all weekend, I will get things started.
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jimkane
Rep: 3,058
Posts: 33,089
How much are the futures up? They have to be 'up'... There is only 'up'. Up. Up, up. Futures are up... How much are they up? Up. Uh-oh, I think I'm losing it...
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jimkane
Rep: 3,058
Posts: 33,089
Anyway, for those wondering how the S&P might double within a year, wonder no more. Oh, and also for those who were wondering how it could be possible to get more insane than stark, raving, over the rainbow, toys in the attic crazy, well, read on. And you know what, when that all blows up, what comes next will make all this seem tame. Like the article said, and it's the first one to mention something I've been saying for a long time, when it blows up this time, they will hand more not less power to the banksters. Welcome to hell.

http://www.zerohedge.com/news/2014-08-23/g-20s-solution-systemically-unstable-too-big-fail-banks-more-debt
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jimkane
Rep: 3,058
Posts: 33,089
Oh, I see, ECBOT, GLOBEX, and NYMEX are 'unavailable for trading' due to 'technical problems at the exchange'. Okay, I get it. Hey, no problem. Imagine being in a trade, stop in place, and the market goes down. Then a 'shock event' happens. Great system.
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jimkane
Rep: 3,058
Posts: 33,089
I hope we have trading by tomorrow...
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jimkane
Rep: 3,058
Posts: 33,089
Took them awhile, but they got it open. And the futures are... drum roll... 'up'. 2000 is a stone's throw away, and if they don't hit it tonight, they will surely hit it tomorrow, I think. In fact, tomorrow should be a big up day, a 20+ point day from the Friday close, I'd expect. Long and never wrong. ES 3400 coming soon. Oh, well. It is what it is. The trading is phenomenal, in my opinion, so who's to complain. I'm always looking deeper, always thinking about the broader implications, and that's why I'm always so miserable, I guess... Working on what I love, in an environment that is just fantastic for doing it, and miserable. How'd that happen? I guess the answer is: Banksters happened...
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jimkane
Rep: 3,058
Posts: 33,089
Should see 2000 around the European open, I'd expect.
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jimkane
Rep: 3,058
Posts: 33,089
Anyway,'The Player' told me he's long like 175,000 contracts. Bought the gap opening, looking to see what it does around 2000, then he'll see.
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jimkane
Rep: 3,058
Posts: 33,089
Looks like we'll see 2000 well before the European open at this rate.
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jimkane
Rep: 3,058
Posts: 33,089
That pop in cable towards the close was really something.