My analysis says the Euro is ahead of a ginificant correction, based on the pattern on M120 TF.
1.1030 area , with some tolerance, may send it down.



And 1.0910 is a good place to start the last push to 1.1030. If that doesn't work, I will be looking at 1.0850, but such a drop would most likely invalidate significance of 1.1030.

Hey, crew. I'm still kickin', I've just been too busy to post. When we are seeing 70-80 point smooth swings, and 20 point swings like they were little fluctuations, and the market is moving almost all 24 hours, well, I tend to focus a lot, and sleep little. No claims at all, but this is the kind of action where a trader could, theoretically, make a year's worth of income in a week or two, maybe a month. Add in some computer upgrade type work, and that leaves no time, and surely no energy for more typing (especially if that requires thinking...). I'll try to post a little this week...

I wonder...

http://www.zerohedge.com/news/2016-01-17/what-crisis-goldoil-ratio-predicting-time

I have a monster area here at this 6.50 spot. It's crazy monster. But, it's the same degree as it has been using, so maybe it's due for a bigger pop. That fits well with another area I have, which is perhaps even more monster, at 55-62. It could push a little higher to hit a key line, and on the low end the super-key .382 is at 46. I expect it will hit into the meat of that center area. As an aside, there is a minor area around 30ish, with some things starting to come in around 25. Man, is it cool to be in the era of 30, even 40 point smooth swings being dirt common. It can't get much better than this, can it? Or are we headed to the meltdown days with 10 point swings ever 2-3 minutes, and 100 point swings happening like it was nothing.

I'll throw this in for fun, since I'd like to see something happen off this area:

Die, pig, die!

Okay, I doomed it to go up...

Good to see you, Jim.
Don't feel obliged to post while trading that much. When we are extremely busy, we disappear for the forum for a while.

Euro just below 1.0910, which may send it down to 1.0850.

Cable also below a major resistance at 1.4350-60.

Looks like CD leg starting to that level. We will see...

Originally posted by MarcinO

Euro just below 1.0910, which may send it down to 1.0850.

It reversed 10 pips below the area, but gave a few opportunities to go short and catch that beautiful move.

Originally posted by MarcinO

Cable also below a major resistance at 1.4350-60.

1.4220 is a nice supprt for the Cable.

It couldn't make it above the broken support level and made one more leg down. On a weekly TF, 1.42 area is a monster support, though, so looking for at least short term long here seems reasonable.

Originally posted by MarcinO

1.4220 is a nice supprt for the Cable.

We have one word explaining all of these adjectives you used, and it is 'zajebiste'.
Which means f*($#%&* awesome.

Originally posted by rat89

do they have these words where marcin is?

Originally posted by jimkane

OMG, that would be awesome if I did that. Oops... I meant that would be totally tubular and gnarly.

Originally posted by rat89

as long as you don't start saying 'awesome' or 'omg'

Originally posted by jimkane

Did you see how that last minute futures pop went right to the 1-min TL, then backed off? Crazy (my new favorite expression, usurping 'amazing' for now).