I had to update my areas for the Euro. It hit quite a confluence at 1.1175 and may need some time before going down again to 1.1090, for which the best timing factor is on the 3rd.
Two areas are based on flat and DB ABCD - 1.1245 and 1.1280.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's just crazy where it bounced to, and took a second shot at and has been rebuffed. The lines, the Fibs... Just crazy stuff.
JI
jimkane
Rep: 3,058
Posts: 33,089
I don't think it will hold, but the way it ramped right there, and has been battling the rest of the day with it, that's something. There is another area just above that is really geometrically cool. Then off it goes... Hopefully they'll start to hit this to the downside. I'm just sooooooo ready for all this madness to end.
MA
MarcinO
Rep: 67
Posts: 5,506
It hit 1.1080, which is 10 pips lower then expected. Given a one day delay the accuracy is very good for me.
Now we will see if this the low or not.
Now we will see if this the low or not.
Originally posted by MarcinO
I had to update my areas for the Euro. It hit quite a confluence at 1.1175 and may need some time before going down again to 1.1090, for which the best timing factor is on the 3rd.
Two areas are based on flat and DB ABCD - 1.1245 and 1.1280.
RA
rat89
Rep: 0
Posts: 7,015
awoooooga!
Originally posted by MarcinO
Holy cow, Euro broke my area. They may send it down to 1.10.
JI
jimkane
Rep: 3,058
Posts: 33,089
Armstrong: "The Euro will make a new historic low under 82 cents which was the 2000 intraday low."
Source: http://armstrongeconomics.com/2015/03/06/the-euro-destined-for-80-cents/
Source: http://armstrongeconomics.com/2015/03/06/the-euro-destined-for-80-cents/








