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MarcinO
Rep: 67
Posts: 5,506
I will start this week with overview of the Euro.
1.2480 looks like a monster, but I assume it will produce only a temporary reaction after TL fakeout and then go up to KZ (1.2570-1.2600).
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6e 2014 11 09 png


The weekly chart shows a great potential for games around 1.2.

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6e 2014 11 09 weekly png
JI
jimkane
Rep: 3,058
Posts: 33,089
39... There be dragons here.

Originally posted by jimkane

My area from way before that I mentioned is 40-54, with the meat of it 40-49.
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MarcinO
Rep: 67
Posts: 5,506
I might be wrong as I can almost never catch a trade like that but it seems that we are not going to see any significant correction before hitting Jim's area.
The ES is simply following the price flow, and the whole pullback into the European open was only 5 points.

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es 2014 11 11 png
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MarcinO
Rep: 67
Posts: 5,506
That's why I think that ABCD to 34 is worth taking a shot.

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es 2014 11 11 2 png
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MarcinO
Rep: 67
Posts: 5,506
My next area is 29.

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es 2014 11 11 3 png
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rat89
Rep: 0
Posts: 7,015
pennies away from what roofer would call "the wall"

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screen shot 2014 11 11 at 9 54 15 am png

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screen shot 2014 11 11 at 9 54 25 am png

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screen shot 2014 11 11 at 9 54 33 am png

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screen shot 2014 11 11 at 9 54 41 am png

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screen shot 2014 11 11 at 9 54 50 am png
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rat89
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Posts: 7,015
Click image for original size
screen shot 2014 11 11 at 12 19 19 pm png

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screen shot 2014 11 11 at 11 22 07 am png
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MarcinO
Rep: 67
Posts: 5,506
Nice photo, rat.

That's what everyone here is counting on.
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MarcinO
Rep: 67
Posts: 5,506
Timing for 29 is way better now than at the open.
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MarcinO
Rep: 67
Posts: 5,506
But the GZ may be also enough to send it up.
MA
MarcinO
Rep: 67
Posts: 5,506
34.75 is my next resistance.
JI
jimkane
Rep: 3,058
Posts: 33,089
Here's the ES game. It's all games, but this is the 'stop run' game, a variation on what I coined long ago, the '1-2-tick game'.

http://www.zerohedge.com/news/2014-11-14/stop-hunting-algos-dominate-sp-500-today