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.

Will they get it now after this additional shake? Close it strongly over? That makes sense.

Showtime. Back up over the last swing point, again, pushing on the price flow, again, now up or sellers? Time is running out for the RTH.

Give it to me, baby.

all the stopped out traders and shorts who ignored the exit are on the wrong side of the bus again

Very good article (in my opinion) on the usual Goldman Sucks propaganda.

http://www.zerohedge.com/news/2015-12-14/why-stocks-have-so-far-ignored-carnage-credit-goldmans-five-reasons

In other words, same old, same old. The beat goes on, day after day.

P.S. Yes, that last sentence was a purposeful combination of two song titles from different artists from the music of my era.

Originally posted by rat89

all the stopped out traders and shorts who ignored the exit are on the wrong side of the bus again

There it is! (From what movie?)

13-18 is the range for the pop, but time is running out, so this 12.50 might be it for the session.

Well, look at that, 14.00. Gets into the range with another push.

And another big push! 15.75.

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...