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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
No charts as I am reinstalling my home PC right now.
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jimkane
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Posts: 33,089
I have one thing I could show you and if you were thinking short, then you'd hit that 6 if you saw this...

Originally posted by MarcinO

I was on my way home when 6 was hit, but to be honest I'm not sure I would have given it a try.
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jimkane
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Posts: 33,089
But it relied on what happened just after the open, so it wasn't there yet when you showed your chart and mentioned 6.
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jimkane
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Posts: 33,089
Give it to me, baby. Actually, I'd be shocked if they did anything but save this. That's the only thing that would make sense. But, you never know, since they haven't hit a new all-time high yet today, and they did bring it in for better prices. So, maybe...
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jimkane
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Posts: 33,089
Okay, they are going for it.
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MarcinO
Rep: 67
Posts: 5,506
Do they really wanna stop at 8?
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jimkane
Rep: 3,058
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Two ticks away. Will they save it?
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jimkane
Rep: 3,058
Posts: 33,089
They saved it. Too funny.

Originally posted by jimkane

Two ticks away. Will they save it?
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MarcinO
Rep: 67
Posts: 5,506
Given that the move down has been delayed till today, the upper area is more likely now to reverse the Euro for some time.

Originally posted by MarcinO

Euro is still in a 'range games' mode, so I think they want to send it to 1.1260-70 before producing a reaction.
Many tools indicate 1.1290, but this scenario seems too obvious to me.

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MarcinO
Rep: 67
Posts: 5,506
The ES is below a significant resistance at 2121-26.
My areas to go long are 2103-4 and 2096.

Click image for original size
es 2015 02 24 aoc png


Click image for original size
es 2015 02 24 png


Click image for original size
es 2015 02 24 2 png
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MarcinO
Rep: 67
Posts: 5,506
If either of these area is hit I'm not sure there will be any sustainable reaction.
In the morning they created a substatnial move right off of a very obvious line, so once it is broken it is likely to provoke a nice follow-through.

Originally posted by MarcinO

Given that the move down has been delayed till today, the upper area is more likely now to reverse the Euro for some time.

Originally posted by MarcinO

Euro is still in a 'range games' mode, so I think they want to send it to 1.1260-70 before producing a reaction.
Many tools indicate 1.1290, but this scenario seems too obvious to me.


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jimkane
Rep: 3,058
Posts: 33,089
C'mon, gimme a gun up into the close, just so I know the manipulators are still in the game, as always.