Starting it off.

Okay, this long that just set up is now looking very nice. Watch the price flow right here.

I can say one thing for sure, for two days that have not went anywhere in the big picture, the smooth, big swings have been a traders dream to the nth degree. All I can say is Wow!

One of my best timing reads in here ever. Notice how I sometimes mention something seemingly out of the blue? Notice what usually happens? Not a coincidence, in my opinion.

Originally posted by jimkane

BTW, on the 15-min, I think silver is about to do something...

And roll it did. Hard. I almost mentioned in that post that it could roll, and maybe roll hard. I thought it would sound to melodramatic at the time, so I didn't add it in. I wish I would have. Bottom line is, the area deserved respect, and what followed was surely anticipated as a possibility.

Originally posted by jimkane

...Nonetheless, the level we mentioned is some serious stuff, so it's not off the table it could roll off it...

Okay, careful at this high, as it may resume the higher timeframe downtrend in here.

Okay, it's acting like it has another leg left. Let's see. I'm fine with that, as I'm long side bias right now. But I'm wary it's just a 'retest'.

Okay, it gave us another leg. Let's see if it accelerates, or is done.

I think they want to probe the HOD, but there are technical factors in here that would make that a challenge, so we'll see. That really could be it right there.

I'd really think it would have serious trouble here.

The Euro at monster area and price action there is extraordinary.
The only issue is that this is not the best time of day to trade it.

The generals are leading, and the troops aren't following. This, usually, is a very bad thing.

http://www.zerohedge.com/news/2014-10-03/market-breadth-has-collapsed-around-world