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.

rofl....nope ;)

Originally posted by MarcinO

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.

iwm:
122.52 - 125.93 = .886 at 122.91
123.32 - 124.79 = 1.27 at 122.92

fascinating spot

Nice posts, crew of two.

Just hanging around to see if we get the Friday punch up (recall when they used to do that) out of this range.

My gut says 10% chance pop, 30% chance down, 60% chance chop, maybe with some small stop sweeps. But, that's just my gut read.

Boy, is this ready, though, to do whatever it's going to do...

Sweep down on its way?

Okay, stops swept. Now the snap reversal and up, or is this a real move to crush it into the close?

and here's the really amazing story today:

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