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
I can't imagine it wouldn't be exhausted at this key level, but who knows. I am just utterly thrilled I found the area and it gave it to me, against all odds. I had very low confidence, but not technically. I just lacked confidence because of how they have conditioned me with their BS manipulation and games. It doesn't necessarily change my actions, only how comfortable/uncomfortable I feel during the process. The technicals won out today.
JI
jimkane
Rep: 3,058
Posts: 33,089
.382 is at 22.50, I just like a little higher better. But 'it's there'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Another push, there's 23.25. Now we see. I said watch this area, then infinity, because if this area doesn't hold, there is nothing in front of this until the close no matter how far it explodes.
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.

