The area around 1.1150 probably won't hold.
It may go to 1.1060 or even below 1.10.
JI
jimkane
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Seems to me being an absolute monster buyer of the Euro very short-term off that low is an obvious play.
JI
jimkane
Rep: 3,058
Posts: 33,089
I think the odds we see 2090 tomorrow are about 80%. I think the odds we see it in the next three days are about 95%. Maybe I'm completely off the mark. My view is bearish in the short-term right now. But you have to think they will flip-flop this Greece news soon. That level trades it back into the price action, and puts it right at the priceflow and breakdown point. That's my bet, anyway. I'd be thrilled, though, if they just crush it to dust from here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Euro up 164 pips so far by my data. That play I mentioned looks pretty smart at this point. The ES is moving nicely, too, and I see no issues with it hitting 2090 promptly, as mentioned above. EZ-PZ.
JI
jimkane
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Posts: 33,089
ES now 22.75 points off the low at the high there, by my data! 26.75! 90 is only a small move away from here. Holy cow.
MA
MarcinO
Rep: 67
Posts: 5,506
It opened at the lower of the two areas I have shown. The tools are incredible!
Originally posted by jimkane
Seems to me being an absolute monster buyer of the Euro very short-term off that low is an obvious play.
JI
jimkane
Rep: 3,058
Posts: 33,089
Of course it did (hence the 'no-brainer' buy). And of course they are. Yawn, same old same old, day in and day out. That highly respected guy out in the forum that said 'I'll be damned if I'm going to make Jim rich buying his books!', well, he is one smart guy. Who'd want to know this kind of useless stuff, huh? No less pay hundreds of dollars for it. He sure showed me!
Originally posted by MarcinO
It opened at the lower of the two areas I have shown. The tools are incredible!
Originally posted by jimkane
Seems to me being an absolute monster buyer of the Euro very short-term off that low is an obvious play.
MA
MarcinO
Rep: 67
Posts: 5,506
Originally posted by jimkane
Of course it did (hence the 'no-brainer' buy). And of course they are. Yawn, same old same old, day in and day out. That highly respected guy out in the forum that said 'I'll be damned if I'm going to make Jim rich buying his books!', well, he is one smart guy. Who'd want to know this kind of useless stuff, huh? No less pay hundreds of dollars for it. He sure showed me!
Originally posted by MarcinO
It opened at the lower of the two areas I have shown. The tools are incredible!
Originally posted by jimkane
Seems to me being an absolute monster buyer of the Euro very short-term off that low is an obvious play.


