I will start with the Euro chart and my AOC at 1.11-1.1120.

Reffering to Jim's post last Friday on gold I wonder if they will trick people in a similar way we are considering in the Euro, i.e. a strong move up finishing in September or October.
If so, I will be watching 1200 area.

They've reached that level fast.

Originally posted by MarcinO

I will start with the Euro chart and my AOC at 1.11-1.1120.

1.106 and 1.0960-70 are my ACOs for now.
* Fisrt level corrected.Typo indicated area well below the one shown in the chart.

There is also a nice level between the two mentioned above, at 1.1010-20.

ABCD to 1.11 and down?
I show only short term lines here, but this area is simply a backtest of lines that stopped the Euro at 1.1120.

Nice chartwork, Marcin. Thanks.

The main Chinese index fell 8.48% last night, but the point I wanted to bring up is that the breadth was 75 to 1 down to up stocks. Wow.

Will they really put down a new LOD? I'm not seeing it, but they keep acting like it.

They are defending that LOD, as I expected. I can't say if it will hold or not, but they keep doing that buy program pop every time it weakens.

I'd prefer they just get it over with...

To me, the only good pig is a dead pig.

Originally posted by rat89

nice close to the week, or as jim would say, die pig, die ;)