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MarcinO
Rep: 67
Posts: 5,506
Apart from the area posted on Friday (1.13 and below - .886 ABCD) the Euro may also encounter strong support at 1.1240 (1.128 ABCD).
Since the latter scenario includes a backtest, I guess it is more likely to give a significant reaction.

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jimkane
Rep: 3,058
Posts: 33,089
I suspect that's all they wanted, but if not, is 25-27 next?
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jimkane
Rep: 3,058
Posts: 33,089
In a sane world this would have long since imploded all markets and everything related to markets or any transactions of any kind. In other words, total meltdown of all commerce, banking systems, and all markets. Nowadays, it barely gets noticed.

http://www.zerohedge.com/news/2015-02-09/stunning-chart-day-first-time-ever-global-net-sovereign-debt-issuance-will-be-negati
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rat89
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Posts: 7,015
105 or 100? which setup does it want?

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rat89
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screen shot 2015 02 10 at 10 34 15 am png

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screen shot 2015 02 10 at 10 33 32 am png
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rat89
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screen shot 2015 02 10 at 11 47 16 am png
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rat89
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they made the stop run and blew out the .886.....when price keeps hammering at the .886 it's going to go...
now we have:
205.94 - 204.82 = 1.27 at 206.24
207.24 - 204.13 = .685 at 206.26

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rat89
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abcd to .786 from the intraday high at 206.24
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screen shot 2015 02 10 at 1 54 34 pm png
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jimkane
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Posts: 33,089
Let's see if the downsloping TL at 68.25 area slows this down at all.
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jimkane
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The area scares it, I can see it...
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jimkane
Rep: 3,058
Posts: 33,089
I can't imagine, though, even in my wildest dreams, this not getting the new all-time highs soon.
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jimkane
Rep: 3,058
Posts: 33,089
Mini-session runs for 45 minutes on Friday, and it sets another new all-time high. Gonna be sayin' that a lot...