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

I knew it would at least fake up and over that series of lower highs.

Right up off the area after a lot of jerking around. Sometimes it's 'Too easy'.

This is really cool. And still, I don't understand how that much volume can transpire, yet have essentially zero effect on prices, when otherwise volume like that would cause a massive move.

http://www.zerohedge.com/news/2014-12-02/visualizing-8-year-evolution-last-second-trading-panic

New high for the move any time now. Then the new all-time high? Right off that last area I posted.

I'm not sure they need to fake the TL below a little bit more. Euro looks ready for correction now, I guess.
I'll be looking at 1.2400-1.2405 and 1.2435.

classic roofer based on jim and the abcd to the kz.... enter short and aim for the bottom of the box

I went to down to the next level.
The second backtes of SL might be it, but I would like to see much larger correection. My levels are 1.2370 and 1.2406.

This time QCharts cannot save any image...

which index was the strongest yesterday?





Bingo ;)

marcin, are you charting uso?

right up to key area and retest....make or break for the short

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.