MyPivots
Sign In
JI
jimkane
Rep: 3,058
Posts: 33,089
Kicking it off. I'm not sure why I'm even doing the forum anymore, but still kicking it off. I guess I do it for Marcin, rat, and the other guy, and the small handful of others who come in now and again...
MA
MarcinO
Rep: 67
Posts: 5,506
Euro stopped at 1.2543. I wonder if this ABCD will send it higher or we are simply in a range mode, probably till European open?

Click image for original size
6e 2014 11 18 2 png
MA
MarcinO
Rep: 67
Posts: 5,506
There are a couple of lines coming together at 1.2550-55, so the Euro may be just doing final push into the area mentioned in the morning.
JI
jimkane
Rep: 3,058
Posts: 33,089
The ES hit as deep into the area I've been watching as possible for the area to still 'hold', but I give it 90/10 odds the area doesn't hold. It might come back in a little off the area, for better prices for the manipulators, but that's all I see. I could be totally off, but that's my read right now.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch the 3-min flat at TL here for another push. It might be done for today, though. Time to come in.
JI
jimkane
Rep: 3,058
Posts: 33,089
Been awhile since we had a jackrabbit start. Remember how dirt common they used to be, even seeing three and four in a week? Like roofer used to say, things cycle. They were 'in', then they went 'out', and now they might be back 'in'.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm wondering right here at this area, will it sustain down, as they are making it look, or no. It really, really looks like it's going to get monkey-hammered.
JI
jimkane
Rep: 3,058
Posts: 33,089
We'll see around 47.50 how it acts, if they keep moving it down.
JI
jimkane
Rep: 3,058
Posts: 33,089
Swooooooooooooooooooooooooosh time.
JI
jimkane
Rep: 3,058
Posts: 33,089
So you know 'they' must come in or else. I think it should take at least another ten points off pronto, but maybe they don't want that quite yet. This is fun stuff.
JI
jimkane
Rep: 3,058
Posts: 33,089
I could see one being very comfortable in here if one was already short from earlier, despite the fact that this is exactly how they set it up before they blast it up. Worst case the trailing stop takes one out. Best case, this is one of the few that swoooooooooooooooooooooooooooooshes.
JI
jimkane
Rep: 3,058
Posts: 33,089
Sums it all up nicely. When will 'we' ever learn...






Source: www.socialtrade.com