I'll start with the Pound today, as Euro has been so choppy lately, that closing day on breakeven was a success.
1.5160-5230 is a wide area, derived from weekly time frame, so I believe we are close to a substantial reaction.
MA
MarcinO
Rep: 67
Posts: 5,506
1.5170-80 is an intersection of key lines for the Cable. This move down may be done here for a while.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES summary for the day:
Sweep stops up in the overnight, sweep stops down in the AM, sweep stops up again in the afternoon, right to price flow pretty much to the tick. Yawn. Same old, same old. Cool for trading, though. All we need is movement, in my opinion.
Sweep stops up in the overnight, sweep stops down in the AM, sweep stops up again in the afternoon, right to price flow pretty much to the tick. Yawn. Same old, same old. Cool for trading, though. All we need is movement, in my opinion.
MA
MarcinO
Rep: 67
Posts: 5,506
Cable is crazy. My next levels are 1.5350 and then 80.
My previous area served as backtest only, as it didn't even notice it as resistance.
My previous area served as backtest only, as it didn't even notice it as resistance.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, the ES was pretty weak most of the day, just rolling in the chop range. The TF was a nice, smooth trend. For years all I followed (closely) was the Russell. I preferred it substantially over the ES. Then it moved, and it was all over for it. I may revisit it.
Originally posted by rat89
you have to love how iwm was so peppy today and spy just lay there like a dead fish on a shag rug








