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).


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

They overshot a TL, still giving a valid trade premise and ... swoosh

Given the timing factor, my area for the Euro might be a litlle bit below 1.2420, even down to 1.2410.
If it will be hit the PTA will include TL violation, which is more than welcome.

double swing to 1.128 - 1.27 area (blue fib box) and whoosh.....pop back up to retest in the .786 - .886 area (orange fib box)?

Euro is just crazy with corrections to .786-.886. This is one more factor making me think that it will go below 1.2420 a bit.

make or break retest abcd to .886 ;)

they blew through that one ;)

but meanwhile....

Key backtest in here. A big decision (in the short-term) is about to be made.

This was an easy long there, very short-term, of course. Even if it doesn't play out to any great extent, one would already be positioned nicely here from a management standpoint (if entry was optimized according to the methodology), in my opinion.

And, if this is in a downtrend, here is where they might come in.

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