Starting it off.

PTA at 64:

Cable is on fire.1.5140-50 should stop it, at least for today.

they had to have that .618

fascinating:

ES in bounce mode now, but watch the obvious first areas that come up, to see if they just need a pause, or if that's in now off this key area.

High 1.09's. So,

a) check

b) check

Originally posted by jimkane

Here's a headline, and a line in the article:

"Mario Draghi May "Under-Deliver" Tomorrow, MNI Warns"

"If Draghi does relent, the EURUSD can soar as high as 1.09 tomorrow..."

The first is as I suspect, the second, well, holy cow, that would

a) sure be something, and

b) sure would suck


http://www.zerohedge.com/news/2015-12-02/mario-draghi-may-under-deliver-tomorrow-mni-warns

Check.

Originally posted by jimkane

So, an analyst on bubblevision just now said Dragh-Queen will do tomorrow what he always does, over-deliver. Really? I guess I have the wrong impression of him. So, as I said, the market is pricing in an over-delivery tomorrow...

Check.

Originally posted by jimkane

As an aside, no claims made, on the higher timeframe I've been inclined for awhile now to, let us say, having some puts.

Check.

Originally posted by jimkane

One thing I do know, the market is priced for perfection for Dragh-Queen's announcement before the open tomorrow. He tends to be long on rhetoric and short on real action. So, there is the possibility of disappointment. No matter what he does I can't see it being more than the market has priced in. But, maybe the market thinks he'll disappoint, and if he doesn't, pop. I'm not really seeing that as high odds, though.

Originally posted by rat89

Yes. The big question in my mind is whether this double .886 is "it". Or do they find a way to spurt it through with almost no one on board, up to 2135 - 2200. I see the elements in place for either way.

Originally posted by jimkane

So by 'for real', you mean a lot more than 30 points, right?

Originally posted by rat89

I'd love to see them act on that double .886 for real, but we have a couple of weeks of ecb, jobs report, the fed, and opex to make it really interesting....

Not seeing the expected follow through on the scalp. Sometimes patience is needed. I'd like to see this moving more in here, though. There isn't time to sit through a shakeout, and one shouldn't be needed if they want to close it on the high tick of the day.