On Friday evening the Euro stopped at 1.1368 December contract basis, right at AOC.
My next levels are 1.1450 and 1.1540-50, with minor level at 1.1410-20.
But before that it the most likely scenario in my opinion is a correction to 1.1280-90.
MA
MarcinO
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LOD at 32. This 1.1280 might be a problem as well 1.13.
Then 1.1450 and 1.1540.
Then 1.1450 and 1.1540.
MA
MarcinO
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I'm sure he invested the money saved on your books and lives on his private island.
Originally posted by jimkane
Yeah, this methodology is in need of improvement, that's for sure. We should instead adopt one of the ones you read about from all those posters 'out there' who say everything about trading that's out there should be free, and that no one who can trade would ever teach. Geez, off by two pips, what's this world coming to. Those guys out there, they hit it not to within a pip, but to the pip every time. Just ask them. I'll never forget as long as I live the guy that said 'I'll be damned if I'm going to make Jim rich buying his books". I could go on and on about where I think the money would be, in using the techniques or selling a few books sets and barely covering the expenses for that. And for the cost of the books, all that knowledge, and access to this forum and the ability to ask me any questions day or night for the past over ten years, yeah, that sure is a bad deal... Well, at least he showed me!
Originally posted by MarcinO
ABCD done at 16, I'm sorry for mistake.
Originally posted by MarcinO
1.1285 is likely to send it up.
I would narrow down the ABCD area to 1.1312-14. I still assume that level should be broken, but the Euro may encounter some troubles there.
MA
MarcinO
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Euro close to +100 pips measured from LOD, Cable almost 200....
And my boss is on the verge of asking me to watch porn at the office instead of charts, assuming it would make me bored faster and I will take care about my duties.
And my boss is on the verge of asking me to watch porn at the office instead of charts, assuming it would make me bored faster and I will take care about my duties.
MA
MarcinO
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Euro is teasing with key TL overhead and 1.1320 is likely to send it up, I guess.
MA
MarcinO
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If that TL, around 1.1335 is broken, 1.1450 is next with resistance slightly above 1.14 on the way.
JI
jimkane
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Yawn. And the highs of the move so far have been taken out today, in a beautiful, smooth trend. Who was it again that, in this context, coined the phrase 'same old, same old'? Oh, yeah, that guy that got rich selling books...
Originally posted by jimkane
And there it is. Yawn. How many times have we seen this?
Originally posted by jimkane
The ES is right up against the 60-min overhead TL and is ready to pop. Once it takes this out, the highs for the entire bounce up should be ready to be gamed. It's getting all screwy in here, the way it is jittering on the 1-min/tick chart, so something is about to happen, I suspect.
JI
jimkane
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Posts: 33,089
I posted the overhead areas I am watching last night, but I am cautious of this area here now that they got the highs. Time for some games. Fed announcement tomorrow, game time now? It may just run, but I think a cautious stance for longs already in play now is smart. Just my two cents.




