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.

Ah, I see.

Originally posted by MarcinO

My mistake. I was goind to write that the USD is going to fall...
That is in line with support areas posted today for the Cable, especially the last one. That is why I posted it below your comment on ES ready to dump.

Originally posted by jimkane

And the curious part about that is the protocol is 'buy the rumor, sell the news'. It's all supposed to be 'priced in'. But this is acting like it's not priced in, like they don't believe the Fed will actually move. So if they do then they react, and the dollar jumps? But if the dollar jumps, the ES should jump, the way it's been correlating lately.

Originally posted by MarcinO

I hope so. I see USD positioned to rise vs the Euro and the Pound, but it's still cannot start...

Insane, but pretty frickin' awesome for trading.

http://www.zerohedge.com/news/2015-12-15/dow-comples-1000-point-roundtrip

"WTI Crude Nears $38, Up Over 10% In 28 Hours"

Crazy, huh?


http://www.zerohedge.com/news/2015-12-15/wti-crude-nears-38-over-10-28-hours

But expected. At least here.

Originally posted by jimkane

"WTI Crude Nears $38, Up Over 10% In 28 Hours"

Crazy, huh?


http://www.zerohedge.com/news/2015-12-15/wti-crude-nears-38-over-10-28-hours

Yes, I was just thinking how an 'overnight' swing of 10% in a primary staple of the entire industrialized world doesn't even draw a mention basically anywhere. Like that kind of volatility is normal, fine, etc.

Originally posted by MarcinO

But expected. At least here.

Originally posted by jimkane

"WTI Crude Nears $38, Up Over 10% In 28 Hours"

Crazy, huh?


http://www.zerohedge.com/news/2015-12-15/wti-crude-nears-38-over-10-28-hours

If you are a mathematician/engineer you've seen this before and know what happens.






Source: http://www.zerohedge.com/news/2015-12-15/stephen-roach-fed-has-set-market-crisis

Such oscillation always precedes a crash, and I don't mean markets only, of course.

Interesting. I'm not sure how accurate, but it seems to be.

http://www.zerohedge.com/news/2015-12-15/which-president-has-received-most-charity-fed

Yes, exactly. I've tried to come up with a term, but haven't. It's like the opposite of a 'damped harmonic'. Like the old 'megaphone' chart pattern, and we all know how that one ends.

Originally posted by MarcinO

Such oscillation always precedes a crash, and I don't mean markets only, of course.

The idea, from a physics standpoint, is that the system is getting increasingly unstable with each oscillation, until the system collapses/breaks apart. Kind of what I expect (and have been expecting for a long time) for the entire world system.

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...