Firing it up. Not much to say except I expect the action to be wild, in a 'good' way. Lots of volatility, lots of action.

This 1.22-1.23 is based on my work, but Armstrong is coming in close. It's all about when it makes the move to the low 80's, then perhaps below, then they end the Euro.

http://armstrongeconomics.com/2015/04/02/the-euro-4/

http://armstrongeconomics.com/2015/04/02/euro-par/

http://armstrongeconomics.com/2015/04/02/euro-short-term/

Originally posted by MarcinO

Jim's scenario with the Euro coming back up to 1.22-23 seems more likely after today's action.

That reaction in the ES to the jobs report really was something. The higher the Euro moves, the more excited I get for the short side. I think I would get a lot more pleasure riding the Euro down to the 80's, and into its final end as a currency, than I might get from riding the ES down to 400. Okay, well, it would be a tie, I guess. None of those emotions fit well on a trader, but I'm only human. As long as I can separate the moves I'd like to see emotionally from what the technicals and such say about what movement the odds favor at this moment, I think it's okay.