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
These are the kind of people I know and I'm seeing. I hear about how great things are, and read about how all the people this or that person knows are doing great, but 99.99% of the people I know are at or close to at this point. I am not seeing all this greatness, or people doing even moderately well, at all, anywhere. Maybe in some big cities in some areas it's 'great', but no where I go, that's for sure. And I'm not that far from one of the biggest, most prosperous cities in the U.S., and an easy drive from another super-prosperous city. Food for thought.
http://www.zerohedge.com/news/2015-09-22/new-york-city-workers-full-time-jobs-are-living-homeless-shelters
http://www.zerohedge.com/news/2015-09-22/new-york-city-workers-full-time-jobs-are-living-homeless-shelters
MA
MarcinO
Rep: 67
Posts: 5,506
It gave 50 pips off 91. But the area at 40 is very nice, and if the Euro is going to stop falling for some time, this is a good place to start a nice move.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES at key bullish ABCD 'W2' area, but I'd prefer it keep selling and move to new lows.
JI
jimkane
Rep: 3,058
Posts: 33,089
Was that sell in crude (look on a 1-min) just nuts, or what? Crude has been trading pretty nicely lately, in my opinion.
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.


