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.

The machines are so 'nuts'...

http://www.zerohedge.com/news/2015-02-11/manipulated-wti-tumbles-48-handle

He got Nobel prize one year before introduction of the Euro for, among others, naming conditions required for optimal single currency areas, which Euro hasn't ever met.
Isn't it ironic?

http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1999/press.html

Originally posted by jimkane

Yes, I think the Euro is struggling because down inside it knows it's headed for way under par, and it doesn't like to think about itself in those terms. It wants to be proud and arrogant, the flag for the greatest experiment ever done. But, down inside, it knows it's a total failure, and the experiment was just the rantings of lunatics, not geniuses. The experiment was an exercise is madness and horror, and hubris on an unprecedented scale. It knows, and it wants to postpone its inevitable fate...

Originally posted by MarcinO

At least there is some action in the ES.
Look at the Euro. It's still trapped in a tight triangle between three TLs and very unlikely to break out of it other way than going to the right side of the screen.

Originally posted by jimkane

Now, I demand!

Pretty amazing action, huh? Just machines playing games.

No more ironic than giving a Nobel Peace Prize to O'Bummer right before he attacks more countries than any U.S. president in history, or giving one to Arafat, who, from what I heard, stole at least four billion dollars, maybe a lot more, for his personal accounts, that was designated to help the Palestinian people. Sometimes I think we are all a grand experiment for some alien graduate student, who is trying to see how much anti-common sense assault we can take and keep acting like things are 'normal'. This world is truly in-frickin'-sane.

Originally posted by MarcinO

He got Nobel prize one year before introduction of the Euro for, among others, naming conditions required for optimal single currency areas, which Euro hasn't ever met.
Isn't it ironic?

http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1999/press.html

Originally posted by jimkane

Yes, I think the Euro is struggling because down inside it knows it's headed for way under par, and it doesn't like to think about itself in those terms. It wants to be proud and arrogant, the flag for the greatest experiment ever done. But, down inside, it knows it's a total failure, and the experiment was just the rantings of lunatics, not geniuses. The experiment was an exercise is madness and horror, and hubris on an unprecedented scale. It knows, and it wants to postpone its inevitable fate...

Originally posted by MarcinO

At least there is some action in the ES.
Look at the Euro. It's still trapped in a tight triangle between three TLs and very unlikely to break out of it other way than going to the right side of the screen.

Originally posted by jimkane

Now, I demand!

Okay, does it start up on this ABCD here?

ABCD play working very nicely. Got to admit, sometimes the tools of the methodology do give some clues, eh?

Originally posted by jimkane

Okay, does it start up on this ABCD here?

And yes, if the ABCD was going to crap out, here is the spot.

Pop goes the weasel. And the ABCD is now considered 'fully successful' no matter what happens from here.

And as I typed that it popped even more. Now it's a smokin' play!

Holy cow! Another 'news' event must be at hand. I wonder which one this time?

Mini-session runs for 45 minutes on Friday, and it sets another new all-time high. Gonna be sayin' that a lot...