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MarcinO
Rep: 67
Posts: 5,506
The Pound is just below a huge area at 1.5260.

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6b 2015 12 13 png


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

Click image for original size
6b 2015 12 13 2 png
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jimkane
Rep: 3,058
Posts: 33,089
BTW, did you see that natural upsloping TL on say the 240-min and where it ran to today? Coincidence? Yeah, okay.
RA
rat89
Rep: 0
Posts: 7,015
it certainly was good. Best two back to back trading weeks for me in a long time. I'm tired and ready for a couple of days off.

Originally posted by jimkane

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.
JI
jimkane
Rep: 3,058
Posts: 33,089
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...