The area around 1.1150 probably won't hold.
It may go to 1.1060 or even below 1.10.

200+ move vs, a monster area. Let's see...

nice moves off that top last week, eh? I'll be on the road for a few days, so see you guys next week.

So the no-brainer long Euro did as much, maybe more, than I expected. Up 330 pips off the low by my data. I knew they would panic and buy like crazy so they don't take it to under 80 in one day. They are in a complete state of terror in my opinion. They know what's coming, and they know best case scenario they can delay it a little longer (on the newly created corpses of the average citizens). The ES, well, it made it to the KZ and 83.25, but fell a little shy of the 90 area with a full retest of the price flow and breakdown area. There was a chart signature, though, that my newer mentor students know about that showed this was likely done, and was was quite clear to me that race had been run.

I rate the trading in the Euro, and the ES up and down, on a scale of 1 to 10, well, perhaps a 14. It's in my handful of best moves for trading I've ever seen. Any newer student of mine would concur instantly I would think. Long, smooth moves, easy to calculate degrees of swing, well-defined AOC's, it was just one for the books.A-frickin'-may-zing.

Well, with rat gone and Marcin super-busy right now, and me busy and not posting much, I hope the forum can 'recover' after this week. I'd hate for this to be the death knell for the forum. Like they say, all good things must come to an end, but I was hoping maybe it would be a bit further down the road, perhaps once the collapse starts and people don't care about trading any more (you know, because all the brokerages are closed down). Same old Jim...

Originally posted by rat89

nice moves off that top last week, eh? I'll be on the road for a few days, so see you guys next week.

I just woke up to see the long playing out quite nicely (I love trailing stops so much maybe I'll write a book about them. No, wait, I already did that...). I'll post my levels (but I'm not sure anyone will be reading them...) and then get back to bed.

69.50-70.25

75.75-76.50

79.00-80.75

The high there was 69.00, and my levels are 'center of area', so it basically ticked the bottom of the first level, and sure saw it with a big rush up and serious volume (Greece must be solved again). So, you never know, that might be it, but I think the odds favor higher. All I can do is find the areas, set the plays into motion, and manage accordingly based on what it does. It does what it does. I hope someone is going to read this...

P.S. My bias is still very strongly bearish in the short-term, but, as always, I'm ready to flip that bias on a dime if the action tells me so. And I'm not at all opposed to playing 'countertrend', too, with all these monster pops.

I'm online, Jim, so thanks a lot for all the posts.
Right now I can barely find some time to deal with the Euro, but I try to watch what is going on in the ES.

I have two levels for the Euro now.
1.1330 and 1.1380-1.14. The first one is rather intermediary resistance zone.

Marcin,

You around? Can you get QC to work? I am trying their fix and it just keeps replacing the new file I downloaded with the corrupt one. I am so frustrated I could scream. I hope this isn't the problem I've been dreading all along where they say okay, QC is done, everyone to eSignal. I've been so busy I haven't done any work to make image files of all the mentoring work, all the years and years and years of chartwork, nothing. Damn this sucks to be froze out...

I just woke up, tried again, realized I wasn't following the instructions they gave, did it right and it works fine. So, disregard the above. Thanks, anyway.

I have just read your posts.
My QCharts works but:
1) I somehow lost a couple of new charts, which by all means I should have kept looking at the modification date of my workspace.
2) There are two time-gaps which does not show up in eSignal. And although I replaced MrkHours.inf file with eSignal one, the gaps remain.

That is odd...