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.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yawn. Snooz. Just waiting for this to make that pop up and over to the new all-time highs. Pretty boring when it seems the outcome is inevitable.
JI
jimkane
Rep: 3,058
Posts: 33,089
Ho-hum. Yawn. Boring. There's the new all-time high, exactly as I suspected. Like that wasn't going to happen. No claims, but getting on that move was as close to free money as I probably have ever seen.
MA
MarcinO
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Posts: 5,506
Euro reversed one tick above the area. It may get to 1.25 but a new local high at 1.2480 can be a fakeout as well.
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
http://www.zerohedge.com/news/2014-11-14/stop-hunting-algos-dominate-sp-500-today



