The Pound is just below a huge area at 1.5260.



If it is not going to spend too much time on correction, the next level up is around 1.5370.

And 204.28 in the aftermarket! Wow, did I get that swoooosh I was hoping for.

Sometimes I can't even read correctly. You said within 4 cents before the close (my .84, duh), and took it out after. So, does that count? The daily bar shows .84 low, .89 close.

Originally posted by jimkane

I didn't see your post there, rat. My data shows .84 as the low into the close, and the close at .89. You have different numbers?

It's a bit late, but why not: Die, pig, die!

unfortunately not, the chart will not show back to back bars where today goes higher than, and closes lower than yesterday. It still does a pretty darn good job of reversing the fomc run up. Minimum target for spy on this move is 197.43 followed by 193.23

Originally posted by jimkane

Sometimes I can't even read correctly. You said within 4 cents before the close (my .84, duh), and took it out after. So, does that counts? The daily bar shows .84 low, .89 close.

Originally posted by jimkane

I didn't see your post there, rat. My data shows .84 as the low into the close, and the close at .89. You have different numbers?

I have the same

Originally posted by jimkane

I didn't see your post there, rat. My data shows .84 as the low into the close, and the close at .89. You have different numbers?

Thanks.

Originally posted by rat89

unfortunately not, the chart will not show back to back bars where today goes higher than, and closes lower than yesterday. It still does a pretty darn good job of reversing the fomc run up. Minimum target for spy on this move is 197.43 followed by 193.23

Originally posted by jimkane

Sometimes I can't even read correctly. You said within 4 cents before the close (my .84, duh), and took it out after. So, does that counts? The daily bar shows .84 low, .89 close.

Originally posted by jimkane

I didn't see your post there, rat. My data shows .84 as the low into the close, and the close at .89. You have different numbers?

Here's the crazy part. In my work I get one area, higher timeframe, that jumps out, and that's 1880ish (up to perhaps 97 at the very high end), but the best timing is say the 3rd week of Jan. That's the very number that they mentioned in regards to options in that article I posted*. Probably just a coincidence, since those options will be gone after tomorrow, but still...


* I'm still not sure on this, it mentioned pin (risk), but I think they meant max pain (or are they using the concepts interchangeably)? I didn't see the actual data, so I'm not sure, and I'm not even really sure this means anything anyway

Next leg to 1.4960 now?

Sorry I didn't post today, I was way too busy with the kind of action we had. It was a bell-to-bell day with lots of management aspects. No bored time, no sitting around waiting for things to happen and I need to occupy myself, and so on. This thing is getting good.

It usually pays for me to follow my gut read on things...

Originally posted by jimkane

I want to short it (soooooooooo badly), and will be looking for the slightest weakness to consider pouncing, but with the attitude of not marrying the position, and being ready to turn on a dime. Otherwise, it's ride until this thing breaks, and keep leaning on the long side until proven 'wrong'.

Originally posted by jimkane

I just want to short it right here sooooooo badly...