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    MarcinO
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    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.

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    6b 2015 12 13 2 png
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    MarcinO
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    Right. The question is, how many oscilliations our 'system' needs to get finished?
    Originally posted by jimkane

    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.
    MA
    MarcinO
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    They may wait with final push down into the zone for Pound till European open tomorrow.
    It's so weak that it cannot come back above the key TL in this set-up.
    MA
    MarcinO
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    USD is strong. This 1.4980 on Cable is some support, but 1.4930 is a real monster.
    MA
    MarcinO
    Rep: 67
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    This ABCD might not be enough, If so, 1.5050 looks strong.

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    66b 2015 12 16 png
    MA
    MarcinO
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    20 pips reaction off 50. Time for another 100 pips down?
    RA
    rat89
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    Posts: 7,015
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    pop to .618 on spy (a little shy on spx), and potential back test of breakdown on spy daily

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    screen shot 2015 12 16 at 10 02 28 am png

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    screen shot 2015 12 16 at 10 03 22 am png

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    screen shot 2015 12 16 at 10 04 06 am png

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    screen shot 2015 12 16 at 10 05 38 am png
    MA
    MarcinO
    Rep: 67
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    It wants to get to 1.4930, I guess, DB at 60 seem like a preparation to trick people in.
    RA
    rat89
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    pullback to back test break out at .447, with iwm doing the same at the .382. Measured move projects to iwm 108 and tza 54 with slippage

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    screen shot 2015 12 16 at 2 28 27 pm png

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    screen shot 2015 12 16 at 2 21 44 pm png
    JI
    jimkane
    Rep: 3,058
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    Nice stuff, crew.
    JI
    jimkane
    Rep: 3,058
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    Now 81.25 off Monday's low by my data. I expected an even 100 was the immediate goal. We'll see.
    JI
    jimkane
    Rep: 3,058
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    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...