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MarcinO
Rep: 67
Posts: 5,506
I'm still counting on the end of correction in the Euro. Looking at the weekly chart one may find significant lines coming between 1.1050 (the strongest one in my opinion, that's why it posed a resistance on Wednesday) down to 1.0950. Dropping to lower timeframes enables to see the heart of this level is just below 1.1000. We will see tomorrow.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES drops right off the area yesterday and my short vision played out, right to the obvious area, where, with some HC^2 (it's on the KT terminology page) at the low area , it then ramped right back up to the price flow, which has been tested many times now. This is where we are at currently. Amazing stuff. You can see this somewhat on rat's IWM chart if you look closely on the right hand side. It's more clear on a 24-hour futures chart.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES looks set up now with a launchpad for the 'up and over' move. I'd prefer a harsh sell off from this area, but it may not be in the cards. So, I'm watching this launchpad it's now set up.
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MarcinO
Rep: 67
Posts: 5,506
That's what I'm shouting right now looking at the Euro.
Originally posted by jimkane
C'mon, Die, pig, die! Give it to me, baby.
JI
jimkane
Rep: 3,058
Posts: 33,089
Oh, I know it is by far more likely to blast up from here, and once that momentum ignites, and all those wrong footed get caught, and all thos stops, well, it will explode, but I can still wish, can't I? Even as a trader. Looks ready to blast off...
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm rubbing off in here with my slang sayings. I'm not sure that's a good thing...
Originally posted by MarcinO
That's what I'm shouting right now looking at the Euro.
Originally posted by jimkane
C'mon, Die, pig, die! Give it to me, baby.