After spot market clouse the Euro gave a 35 reaction off the area posted on Friday, but I would expect a little more down.
The Cable is also in a very distinctive area, defined clearly by basic KT tools.
JI
jimkane
Rep: 3,058
Posts: 33,089
That was some run is the ES in the overnight. Wow. I almost posted a note last night when I could see it starting and suspected such, but if I'm going to post in the RTH I'm not going to get started at night, too. The questions is, will the ES follow through off this .382 checkback, or roll on the downsloping TL 'fakeout breakout' here?
JI
jimkane
Rep: 3,058
Posts: 33,089
It does seems that the H&S at the .382 is producing quite the reaction.
RA
rat89
Rep: 0
Posts: 7,015
What more could you wish for? A return of roofer would round it out nicely. Anyway, it is far better to have three focused traders than a chat room full of noise. This week was another killer week, can't wait for next week ;)
Originally posted by jimkane
What a triumvirate we have in here. In a Jamaican accent (imitating the guy in the movie Cool Runnings) -
We got de:
One Jim, shakin' it down on the ES intraday
We got de one Rat, killin' the stocks and ETF's
And last but not least we got de one Marcin, dominating the Euro for all to see.
All discussed in advance, pretty much day in and day out. Yeah, this ain't the coolest forum ever.




