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.
RA
rat89
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Ruminating on the possibility of a squirt to the .786 to finish this move and set up the short, which on upro would be where 73.66 - 69.99 = .786 at 72.87. On the 5 minute chart, 72.41 - 70.30 = 1.27 at 72.98 (and 1.128 at 72.68).
For this morning at the low, note that 70.00 - 72.41 = .886 at 70.27
For this morning at the low, note that 70.00 - 72.41 = .886 at 70.27
MA
MarcinO
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I don't know why, but that's the third time this week when the Pound reverses about 10-15 pips shy off a very strong, technical area.
It reached only 1.5441.
It reached only 1.5441.
Originally posted by MarcinO
I wouldn't complain at all if the Pound hit 1.5460 today.
Although 100 pips it has made so far is not that bad.
RA
rat89
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they're playing with you ;)
Originally posted by MarcinO
I don't know why, but that's the third time this week when the Pound reverses about 10-15 pips shy off a very strong, technical area.
It reached only 1.5441.
Originally posted by MarcinO
I wouldn't complain at all if the Pound hit 1.5460 today.
Although 100 pips it has made so far is not that bad.
JI
jimkane
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I'm still here, I'm just not up for posting. Nice charts, crew of two.
MA
MarcinO
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Do you think I should stop posting my areas?
Originally posted by rat89
they're playing with you ;)
Originally posted by MarcinO
I don't know why, but that's the third time this week when the Pound reverses about 10-15 pips shy off a very strong, technical area.
It reached only 1.5441.
Originally posted by MarcinO
I wouldn't complain at all if the Pound hit 1.5460 today.
Although 100 pips it has made so far is not that bad.
MA
MarcinO
Rep: 67
Posts: 5,506
I hope you're fine, Jim.
Originally posted by jimkane
I'm still here, I'm just not up for posting. Nice charts, crew of two.
JI
jimkane
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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





