1.1225 and 1.1125 were obvious tests of key lines.
My next level is around 1.1280.
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MA
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.
1.1225 and 1.1125 were obvious tests of key lines.
My next level is around 1.1280.
JI
jimkane
Rep: 3,058
Posts: 33,089
HOD today by my data was 18.50, dead on the SL. Another straightforward morning low area just like every day this week (and like the bigger Wed dip), but the play really has been the one still running off the Sunday open (or running still off the bigger Wed dip). Really, really straightforward trading stuff, in my opinion. It will be interesting to see if it comes in at all in here, but I rather suspect it will want that 50+- area ASAFP.
Originally posted by jimkane
So, up 53.50 low to high since that Sunday night low. Nice trade, or what? Jackrabbit start today, right to a key area (you can see this on rat's SPY chart). The ES chart implies it may have up to another five points or so, but it could be done here. I rather suspect it may reach for one of two areas up higher, as much as I'd like it to dump here and head to sub-400. You'd think that even if it was headed higher, it would check back off such a prominent area, but I wonder if it will? Here are my two areas:
19.25-21.75 (previous swing-high is 22.00, the contract high is 26.25, and some lines come in just over the first swing-high and at that contract high, so it may try to push up there a bit more than 'center')
48.25-51.25
These are centers of areas, of course.
RA
rat89
Rep: 0
Posts: 7,015
target hit, line to line - it doesn't get any prettier than this!
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RA
rat89
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Posts: 7,015
targets getting hit all over....typical oe week ;)
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MA
MarcinO
Rep: 67
Posts: 5,506
The idea comes from the charts placed before with areas around 1.09 and 1.0660.
Once they broke the support presented in my last chart I lean towards scenario of hitting 1.066.
That's why i didn't place any chart, as it would be simply a repetition of the previous ones.
Once they broke the support presented in my last chart I lean towards scenario of hitting 1.066.
That's why i didn't place any chart, as it would be simply a repetition of the previous ones.
Originally posted by rat89
chart please? ;)
RA
rat89
Rep: 0
Posts: 7,015
fib, the simple line, the line from the standard median line set......test at line.....
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