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.

My timing factor says the ES should make a move out of this little range very shortly. Sweep down, then up? Just up?

Like I said...

Originally posted by jimkane

My timing factor says the ES should make a move out of this little range very shortly. Sweep down, then up? Just up?

And the bear goes 'Grrrrrrrrrrr'.

Originally posted by rat89

Click image for original size

he's waiting....the next bunch of sellers that hit the exit button let him in

C'mon, just get going this time already, I'm tired of all this dicking around. I want to get this bounce done so we can get back to looking at shorts. Not that it isn't highly tradeable to the upside, only I want to see the downtrend get smokin' as soon as possible again.

And then he goes 'Grrrrrrrrr', right?

Originally posted by rat89

he's waiting....the next bunch of sellers that hit the exit button let him in

Give it to me, baby.

Keep in mind, my timing factor, on the higher timeframe, says all this churn is getting near its end-time, and a move is getting nearer. Timing doesn't say in which direction, only that the time is getting right. That time is close at hand. The move should be sizable, giving the timeframe and 'context'.

This thing can't get off the floor.

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.