MyPivots
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MarcinO
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My favorite scenario for the Euro is a drop to 1.1040 and then continuation to 1.1240-70.
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6e 2015 08 16 2 png



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6e 2015 08 16 png
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MarcinO
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Key management area for the move down is at 1.1080.

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6e 2015 08 16 3 png
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jimkane
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Nice charts.
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rat89
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fas 5 - as bullish as this is today, there is a potential reversal at the red trend line where two down/ up swings land at 1.128 in a 4¢ box. If this is in play, a stop over 35 would give a nice trade back to the low area

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MarcinO
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There were a couple of tricky moves today in the Euro and at some point I thought it made a reversal midway between my two areas (at 1.1065) but I'm still waiting for 1.1040 to be hit.
It will be a nice finish of a two sided fractal that happened today.
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MarcinO
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Now?

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6e 2015 08 17 png
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MarcinO
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This price action is a crap. Four hours within 13 pips range...
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rat89
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and you see how they blew out the set up on fas? Based on the reversal at the key area this morning and setups like this that get busted, my but says much higher on spx by Friday into oe.
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screen shot 2015 08 17 at 2 47 59 pm png
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MarcinO
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Well finally they dropped it, but SL is causing troubles.

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6e 2015 08 17 2 png
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MarcinO
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1.1084 might have been it. One last move down to 40?
MA
MarcinO
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With games they have been playing recently I wouldn't be surprised to see Euro at 1.1110 just to drop it 70 pips lower.
But with current context this would be a high risk trade with tught management. Right now it's just management area for long position off 1.1070.

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6e 2015 08 18 png
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rat89
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screen shot 2015 08 21 at 12 50 46 pm png