I'll start with the Euro again.
1.2385 is my next strong area, assuming continuation of a downtrend.

Just dump already, okay?

You know that old cheerleader cry? Gimme an 'A', gimme a 'D' and so on? Gimme an 'S', gimme a 'W', Gimme ... What do you have? Swoooooooooooooooooooooooooooooooooooooooooooooooooosh.

If they can't do this slow and orderly, it will likely get pommeled. I'm just saying, I expect it to go up more, but it needs a bigger checkback, or more time grinding here. All the while, though, it is vulnerable to a rapid, heavy shakeout swoosh if 'they' aren't careful. That's my point.

So the Euro made 200 pips decline without any serious pullback.
Many things are coming together on both sides of the red SL, so maybe we will see some correction eventually.

If you trade currencies, you should read this. This guy is no schlep. I'm not saying he knows everything, but he is no schlep just writing junk to put out there, like many.

http://www.zerohedge.com/news/2014-12-03/closing-one-twenty

I'm wondering if enough time has passed now on the ES for it to think about rising?

It's just three points from the all-time high...

Thanks, Jim.

Originally posted by jimkane

If you trade currencies, you should read this. This guy is no schlep. I'm not saying he knows everything, but he is no schlep just writing junk to put out there, like many.

http://www.zerohedge.com/news/2014-12-03/closing-one-twenty

Yay, it did have enough time. I'm glad it did it with time and not price. I'm too wore out right now to 'take heat' so to speak.

Yeah, Marcin. I mean, we all know about those 120's, but it was still good to see it all discussed in one place.

you have a key line pie?

Originally posted by jimkane

Yes, but add in a key line that this was the third time it used, and you really have something.