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MarcinO
Rep: 67
Posts: 5,506
It seems that all the discussions concerning Greece are meant only to send the Euro up... Nut we will see.
1.1225 and 1.1125 were obvious tests of key lines.
My next level is around 1.1280.

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6e 2015 07 12 png
MA
MarcinO
Rep: 67
Posts: 5,506
I cannot find this level as my data is too short.
Originally posted by mreiserer

still looking at that 1.0750ish area

But I'm still looking at the areas posted last week - 1.09 and 1.066. The latter one shown below:

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6e 2015 07 15 png
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MarcinO
Rep: 67
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And I believe there is a very good reason to send it below 1.0750. At least this or maybe next week.
JI
jimkane
Rep: 3,058
Posts: 33,089
The ES sure 'sees' this area. I wonder if it will come off it when the Greek parliament votes no on the 'bailout', or if it will explode regardless. It's time to come out of this range going back to at least Feb, depending on how you look at the starting point. My strong preference is to the downside, but we can't always get what we want...
JI
jimkane
Rep: 3,058
Posts: 33,089
The low today was right at an area obvious area. I think it was a nice area for a trade. Pretty straightforward intraday trading stuff, in my opinion.
MR
mreiserer
Rep: 110
Posts: 2,220
well they voted yes, so everything is gravy again ......
MA
MarcinO
Rep: 67
Posts: 5,506
1.09 hit. Time for some correction?
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MarcinO
Rep: 67
Posts: 5,506
Subaarea of this grouping around 1.09 is at about 1.087. We will see soon. But if that level fails I will expect another 200 pips down.
Originally posted by MarcinO

1.09 hit. Time for some correction?
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MarcinO
Rep: 67
Posts: 5,506
And here we go. 1.0970 is my first management area.
MR
mreiserer
Rep: 110
Posts: 2,220
needs to react off that abcd
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MarcinO
Rep: 67
Posts: 5,506
Right, and since it's overnight low liquidity time, one needs to sit through a long sideways price action.
MR
mreiserer
Rep: 110
Posts: 2,220
but as you say this is pure market manipulation and it seems there is only one way traffic....until something happens nobody can deny